Fucking Chinese!

[Lauda]

Who hates Chinese?  The original post says: 'got to love them'.  

I have read that, and got the impression that it was sarcasm.

Only you think negative about Chinese Luada - you thug.

No.

I don't see why would they be responsible for it. Its just market sentiments before halving happens and is probably the reason price is rising.

No. The western exchanges are playing a game of catching-up again.

I think there's no proof that china involve why this is happening..  just think that more people are knowing bitcoin and bitcoin is indemand..

So why are the Chinese exchanges trading at higher prices than the West? Because the West is leading the rally?

[1715473905]

1715473905

[1715473905]

1715473905

[1715473905]

1715473905

[1715473905]

1715473905

[1715473905]

1715473905

[1715473905]

1715473905

[mayax]

The Chinese are buying like crazy,they know that halving is approaching and that this is even more push price up.At some point they will start selling for sure,this is only game for profit and they are very good in that game.How much price will drop after all it is difficult to estimate.

how they can buy like crazy when their banks are not allowed to deal with exchangers? The banking institutions and are banned from engaging in bitcoin business through banking, as well as servicing or doing business with the bitcoin industry. So, how can they buy or sell?

According to the chinesse volumes(if someone is really idiot to think that they are real), we are talking about many millions per day IN and OUT BTC. How is it possible to deal with such amounts through banks while the banks are banned to deal with exchangers?

http://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions

[kik1977]

I'm trying to find the source and will post it when I find it, but I read somewhere that one reason the Chinese are into heavy buying is because their government's firewall would cause Chinese miner problems if the block size were to increase. Many anticipate the block size to be increased soon because the blocks are nearing transactional capacity. So, they're buying now while it's relatively easier for them to do so.

EDIT: Here's the article: http://www.nasdaq.com/article/why-the-great-firewall-of-china-is-causing-serious-issues-for-bitcoin-miners-cm585604

I completely agree with Hazir too.

It looks to me that the article says the opposite, i.e. the chinese already have an advantage because, thanks to the firewall, people outside china receive new block with a delay. This delay will become even bigger if the block size is increased. Not so?

[rickadone]

At first look at the title, I thought you were really angry with the Chinese people.

I mean, I initially thought 'why would he hate these Chinese people for raising the value?' but then I looked at the contents and hey, not disappointed.

[mindrust]

What kind of title is that? It is racist as fck.

You all will be mad when someone puts a title like "f**king englishes" or "f***ing germans" but you pretend like it is ok to call chinese people f***tards.

[Bitcoinsummoner]

The price is increasingly fast and i dont know why its happen but According to a news this is because of chines trading market bitcoin is in demand in the chinese market but not every one are agreed in this explanation.. source http://www.coindesk.com/china-drive-bitcoins-price-2016-highs/

[robelneo]

Yeah mate Bitcoin has been acting absolutely crazy the past couple of days. I don't know what's going on but it seems the price hike is due to the Chinese buying up tons of coins but I am really concerned with what will happen to the Bitcoin price when they start selling.
I think a panic sell by the Chinese will create a domino effect that could crash the price back to the $250 realm. I am going to sell when it gets to $1000 because I think this will be the tipping point.

Makes sense the chinese has a huge impact on the price of Bitcoin in the market,first they control the mining industry and now the price if Bitcoin,no wonder they rule industry on almost all countries..

[Cryptonitex]

Yeah mate Bitcoin has been acting absolutely crazy the past couple of days. I don't know what's going on but it seems the price hike is due to the Chinese buying up tons of coins but I am really concerned with what will happen to the Bitcoin price when they start selling.
I think a panic sell by the Chinese will create a domino effect that could crash the price back to the $250 realm. I am going to sell when it gets to $1000 because I think this will be the tipping point.

Are you sure about that, $1000 is the best price to sell? Do you think it won't goes even higher?

Give it a few years, I think the price could be well over $1,000.

Hell once everybody gets on board with BitCoin, could be a couple thousands.

[RawDog]

What kind of title is that? It is racist as fck.

You all will be mad when someone puts a title like "f**king englishes" or "f***ing germans" but you pretend like it is ok to call chinese people f***tards.

You don't understand what racism is.  If it makes you feel better, fuck the Englishes and the Germans too.  Now we are all equal again!  Fuck all of ya'all!

[socks435]

I think there's no proof that china involve why this is happening..  just think that more people are knowing bitcoin and bitcoin is indemand..

So why are the Chinese exchanges trading at higher prices than the West? Because the West is leading the rally?

I am not agreed about the news that chinese market increasing the price of bitcoin and its indemand in chines trading exchange but there's no proof
Many people are still not agreed in the news. and i believe bitcoin increased because its in demand not only chinese.. this is just because of block halving and more people are attracted to the price movement from the market.

[steeev]

ha!

Fucking Rawdog!

just occasionally this place gets a bit of spirit about it...

(even if he is just trying to get u to sell, or whatever he's playing at )

love those rawdog vids on you tube - whether it's the same guy or not - most chucklesome...

[tokeweed]

Wow!, those fucking Chinese people are crazy - eh?  When they look through those funny slitty eyes and see dollar signs, they go nuts buying up shit.  They'll run the price through the ceiling.  Better still is watching them panic.  The way down can be twice as hostile.  At least they bring excitement to the community.  Gotta love China.  Natural born gamblers.

When you say the 'Chinese', you don't mean the ordinary people, do you? Because pumps like these are done usually by people in the know.  I wouldn't be surprised if the big miners banded together from time to time to pump BTC in order to protect they're interests and operations from collapsing due to a falling BTC price...  Or the halving, which cuts the miners' earn in half.  Ouch.

[OROBTC]

ha!

Fucking Rawdog!

just occasionally this place gets a bit of spirit about it...

(even if he is just trying to get u to sell, or whatever he's playing at )

love those rawdog vids on you tube - whether it's the same guy or not - most chucklesome...

Hah!  Indeed, a fun thread. 

The Chinese handed me a gift, a +/- 20% gift in $-terms of my BTC holdings.  Since I am DONE buying Bitcoin, any price move up is a gift.

In fact, for those so inclined, buying gold with the BTC:Au price ratio at some 1.88 (very low, gold cheap vs. BTC) might be smart.  See the ratio at the below nice widget:

ounce.me

[c789]

ha!

Fucking Rawdog!

just occasionally this place gets a bit of spirit about it...

(even if he is just trying to get u to sell, or whatever he's playing at )

love those rawdog vids on you tube - whether it's the same guy or not - most chucklesome...

Youtube said the video is not available. It must have been good.

To those of you with no spine and who hate free speech, you need to grow up. Life isn't snowflakes. Censoring someone's speech, no matter what it is, is fascist. That IS something the Chinese can tell you about, unfortunately (that is, if they're on TOR or I2P).

[Lauda]

I am not agreed about the news that chinese market increasing the price of bitcoin and its indemand in chines trading exchange but there's no proof Many people are still not agreed in the news. and i believe bitcoin increased because its in demand not only chinese.. this is just because of block halving and more people are attracted to the price movement from the market.

How about you start analyzing the market and looking at all the exchanges? You will find your "proof". Why would someone believe that the general demand (interest) surged for no (apparent) reason? Also, start improving your English skills (I suggest taking a look at better use of punctuation as this was hard to read).

I wouldn't be surprised if the big miners banded together from time to time to pump BTC in order to protect they're interests and operations from collapsing due to a falling BTC price...  Or the halving, which cuts the miners' earn in half.  Ouch.

That cuts their earning in half assuming that they sell instantly. It should not be a problem for those that can hold onto these for a while. Besides, the price is getting better for 'them'. Although you make a decent point with the possibility of the miners being a contributing factor here (although we can only speculate at this point).

[Jordan23]

https://blockchain.info/address/1CD523oyvmb9QVyABc1uu9Zt9ovjPzXV7h


            ?   ?   ?   ?

I'll explain - this is the end of the bitcoin experiment.  Go home now.  There is nothing else to see.  Bitcoin si dead.

LOL @ the OP

[Akupuniard]

What kind of title is that? It is racist as fck.

You all will be mad when someone puts a title like "f**king englishes" or "f***ing germans" but you pretend like it is ok to call chinese people f***tards.

This guys just want to show how he don't like Chinese people but if for real everyone of us hating somebody or something but showing this like that is not so good.

[bitcoinstarter]

Amazing things!

[shinratensei_]

Are the chinese the primary reason for the crazy price increase for Bitcoin over the last couple of days?

I've been loving how all market items sat in US$ have dropped to half the price in Bitcoin over the last week or so.

/AsdQ

Right, Chinese people make bitcoin price in their exchange (hao BTC) is more expensive than western exchange it's will give more spirit for bitcoin price to get rising.

[countryfree]

What fucking Chinese? Would it be any better if today's rise would come from fucking Wall street traders? Some people may be trying to save their savings, and no one can blame them for doing that.

Maybe in a few days, we will have plenty of fucking Brits escaping their sinking pound because of brexit.