Fucking Chinese!

[AsdQ89]

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

[philipma1957]

Some simple advice sell 20% of your coins today

Taking profits on btc is very difficult. The method above  or something like it allows for you to be partly correct no matter what happens.

This is very true I kinda find it hard to part with my BTC unless it is for miners, or I do pull out electricity from it.  I figure worst comes to worst I am not out electricity which adds up.   I cash it out once a month for it.

But I like to hold I have sold some coins over time here and there for something fun.  But I enjoy holding I find it hard to pick a target to sell at.   But with around a month till having I predict I don't sell much.   And I could look like a idiot in two months but time will tell.

well you can sell 20%  of them  and hodl the rest.  thus insuring that you can not be completely wrong.

you would be either 20% wrong- 80% correct     or 80% wrong -20% correct.


which is better then 100% wrong 0% correct.


I am 59  I have been around long enough to know  doing the 20/80  or 80/20 move is better then the 100/0 or 0/100 move.

[c789]

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

That's one reason. See my earlier post, and Hazir's.

Regarding Hazir's post, the US economy has far too much smoke and mirrors. Almost 1/3 of working-age people are not in the workforce. Most new jobs that are so proudly announced in the press are actually part-time and low paying but the press leaves that part out. The government stops counting you as unemployed if you've been unemployed for greater than 6 months (or maybe it's one year). The national debt is staggering and keeps getting larger. Everything I've said can be verified by searching, and this info comes from the govt sites and not some random yahoo trolling the web. The stock markets are largely overinflated, and many people know this, but continue acting as if all is good. It's quite precarious, and it's not just the US economy. Many other high-GDP countries are in the same boat.

[FabioDelcatto]

Yes this is crazy they are buying like crazy animals these days, for a part its good but it also can be bad of course.
I hope this will unwrap good, go Chinese go!

[raphma]

i just want to sell the top  
Bitcoin really needs a correction, it's going only up and up.... i dont want see this when starts to go down.

[AsdQ89]

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

That's one reason. See my earlier post, and Hazir's.

Regarding Hazir's post, the US economy has far too much smoke and mirrors. Almost 1/3 of working-age people are not in the workforce. Most new jobs that are so proudly announced in the press are actually part-time and low paying but the press leaves that part out. The government stops counting you as unemployed if you've been unemployed for greater than 6 months (or maybe it's one year). The national debt is staggering and keeps getting larger. Everything I've said can be verified by searching, and this info comes from the govt sites and not some random yahoo trolling the web. The stock markets are largely overinflated, and many people know this, but continue acting as if all is good. It's quite precarious, and it's not just the US economy. Many other high-GDP countries are in the same boat.

Damn. I mean, I knew US have had a shitty economy ever since the Bush presidency, but I didn't know it was that bad. Do you think a crash of the US stock market would raise or lower the overall Bitcoin prices?

/AsdQ

[electronicash]

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

it skyrocket and its not even halving yet which is scary.
But yeah the China men are the reason why sudden price hike. They're buying bitcoins hoping for the profit when halving comes. they're hurrying things up.

[RawDog]

chinese miners are pumping btc to keep it profitable to mine a little longer and cash out before the halving

No. The Chinese investors are going into Bitcoin to escape Yuan, not to convert back after the price has reached X amount. Obviously, this isn't a stable rise and a correction is expected, but everyone is being hyperbolic about it.
This thread is pointless and possibly in the wrong section. Why do you hate the Chinese? Are you a Trump supporter?

Who hates Chinese?  The original post says: 'got to love them'.  Trump loves Chinese.  He loves money and Chinese loves money too.  Trump fucking totally loves Chinese.  Only you think negative about Chinese Luada - you thug.

[Lucius]

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.

[RawDog]

i just want to sell the top  
Bitcoin really needs a correction, it's going only up and up.... i dont want see this when starts to go down.

just remember, is always goes down much faster than it goes up.  You might not want to wait much longer.  Pretty much sell today or tomorrow.  Don't wait too long like you did last time.

[sbtctalk]

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more. 

[AsdQ89]

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more. 

Some have speculated that it will drop down to about 200$, when would you suggest to start buying again?

/AsdQ89

[RawDog]

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more. 

lost $30 in the last hour!  Maybe the correction is beginning?!  Sell!

[The Sceptical Chymist]

Well, I would thank them for this but if this rally turns out to be counterfeit I'll be pissed.  Lol

How do we know this is from China again, exactly?  Someone keeps track of this sort of thing?

[helloeverybody]

Does anyone know what exchange china actually uses so you can watch the pumps as they happen? Is this definitly the chinese or could i tbe market manipulation by someone else? Maybe just mass panic buying from all over the world?

[Kprawn]

i just want to sell the top  
Bitcoin really needs a correction, it's going only up and up.... i dont want see this when starts to go down.

just remember, is always goes down much faster than it goes up.  You might not want to wait much longer.  Pretty much sell today or tomorrow.  Don't wait too long like you did last time.

Spoken like a real shill troll...  ...He will say anything to push the price of Bitcoin down, just look at his post history to see where he is coming from.  Are you getting scared that you might miss

your next pay cheque, if it goes to $1000 or do you just hate to be a Bitcoin hater, when things looks good for us?  This growth is fueled by the problems in the fiat currencies and the

financial governance behind it. Bitcoin just capitalize on their mistakes. 

[AscendancyEight]

As of now, a combination of currency flight from the yuan and opportunistic investors looking to pump up the price is causing bitcoin to skyrocket. Chinese demand is really a huge factor  . Anyhow, I feel that it may hit $1000, but anything beyond that may see a crash once the bubble pops. Invest at your own risk 

[philiveyjr]

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. The miners could be rising the price however, so as to set a higher price just after halving to still profit from their mining.

[~Bitcoin~]

I think title should be i love chinese rather than fuc......
Due to this crazy pump all are holding their coin tightly hope to touch 800$ by end of this week.

[socks435]

Well, I would thank them for this but if this rally turns out to be counterfeit I'll be pissed.  Lol

How do we know this is from China again, exactly?  Someone keeps track of this sort of thing?

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..