Fucking Chinese!

[yayayo]

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

Are you sure that it will be the Brits escaping the sinking Pound or might it be the continental Europeans escaping the sinking Euro, after the Brexit vote shows that the elite's vision of the United Socialist States of Europe is out of favor within the population? In the longer term both currencies will drop relative to Bitcoin of course. Fiat money never wins.

I remain a skeptic when it comes to commonly offered interpretations regarding the Chinese Bitcoin market. The volume seems just too unreal compared to USD and EUR volume. Of course it's still possible that it's driven by genuine buying, since there are more than 1 billion Chinese. But even if it's just driven by speculation, the Chinese still are prudent to be willing to take some risks, because given the restrictions imposed upon investments in China, they would be otherwise guaranteed to loose.

ya.ya.yo!

[xuan87]

They love to gamble and taking risk, but its a good move to buy bitcoin now, if i have a lot of money i probably will do the same, opportunities doesnt knock twice, and some of the chinese is too wealthy so they dont have any place to spend, so they try to invest it into bitcoin

[tokeweed]

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).

Yup, it's all speculation from me.  But it isn't farfetched and it is indeed possible.  We've seen these shenanigans done in the world of business from time to time.  And with the cartelization of BTC mining among the top mining farms, I wouldn't be surprised and would accept it as the reality of the Bitcoin economy.

[BTCBinary]

I actually am pretty happy that these "fucking Chinese" are pumping up the price. Afterall they are bringuing a lot of attention to bitcoin once again. This can only be good

[serjent05]

"Fucking Chinese" LOL there are how many Chinese again? 1.3 B? and a percentage of this 1.3 B Chinese are panick buying BTC? for what? investment or to escape Yuan? i hope it's the 2nd one, coz if that is the reason, they wont sell when they see a glimpse of profit in it.  and well if they do this for investment, for sure they will sell it the moment they saw a profit from it. So better to ride with them than left out holding my BTC while watching the price plummet.

[criptix]

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 do you think bitcoin will die again?

2011? Nope
2012? Nope
2013? Nope
2014? Nope
2015? Nope
2016? 

Should have trusted the great china man :8

PS: OP predicted 10 or 1$ btc for 2014/2015

[reRaise]

Something we need to learn from.

[DimensionZ]

I actually am pretty happy that these "fucking Chinese" are pumping up the price. Afterall they are bringuing a lot of attention to bitcoin once again. This can only be good

Yeah but what if the current trend of Chinese investors buying up Bitcoin changed and they decided to sell their Bitcoin holdings? A steep Bitcoin price increase means the fall will be even more pronounced. I don't think the Chinese will pump the price forever and when they see a better investment option elsewhere they will pull their cash out of the Bitcoin market and the price bubble will burst easily. We always have to take in mind the dangers of the opposite position.

[RawDog]

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.

Oh, don't get me started on the fucking Brits!  They are worse than the Chinese.  A lot worse.  Can anyone say 'crybaby Mike Hearn'?  What a pussy.  Tahnkfully, the Brits don't really have money any longer so they don't cause the price to swing much at all.  The Brits are becoming like the Swiss.  They are tight fisting everything they've got.  They don't really get into risk much.  Fucking bunch of old ladies if you ask me.  "Fancy a cup of tea?"

"Fucking Chinese" LOL there are how many Chinese again? 1.3 B?

Yes, this is true.  It is also further proof that the Chinese are definately fucking.

[justdimin]

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.

Yes mate, market really crazy right now. I will wait max just day after halving what ever the price will be I will sell all of my coin. I do not wanna to be one of them like who don't sell their coin on 2013 and who buy bitcoin end of 2013 to early 2014.

[Herbert2020]

lol, why is there so much racism in this topic! Chinese or not the price would have risen sooner or later, it is not only them who are buying bitcoin.

or where you ignorant when whales were accumulating at an stable price in the range of ~$450 , or even when they put up big sell walls or even dumped bitcoin and spread FUD to keep the price at their desirable range below $500 to accumulate more. and now it is time all those whales to get their reward.

this guy only gets it and his topic is pushed to second page because of spam nonsense in other topics: https://bitcointalk.org/index.php?topic=1498855.0

[isvicre]

A lot of misinformation and misinformed people here.  Also not sure why this ignorant thinly veiled racism is allowed.

[c789]

What bothers me much more is that people are suggesting censorship. That's fascism.

If someone makes a racist post or something else offensive, don't read it. Censorship is evil. It doesn't matter what the person said, whether they're right or wrong, or whether its' agreeable or not. It should not be censored.

Ask the Chinese how they feel about censorship (make sure you're on TOR or I2P though).

[RawDog]

A lot of misinformation and misinformed people here.  Also not sure why this ignorant thinly veiled racism is allowed.

Because the admins are not morons.  Where's the racism?  If someone wrote: "I hate the fucking Chinese" - that might be racism.  But the original post clearly states love for the Chinese.  

Stop being a politically correct idiot.  There is no racism.   I do hate the idiots around here.

[RodeoX]

You mean the guys who schooled America in what capitalism is? The people who will lead the world economy for the rest of the century, just as they have for most of human history? It should come as no surprise that China will be the biggest player in the future of Bitcoin.

[pereira4]

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?

It may correct due $1000 being a psychological barrier, but after the correction it will keep rising way above $1000, so the idiots that sold their cheap coins assuming the rally was over would get burned, as they will be left behind with only fiat in their wallets and no Bitcoins to enjoy the rise.
Buy and hold or you will cry later (I don't care how much you have to wait to cry, you will cry about losing your BTC, if not in a month, in 5, in a year, or in 10 years, you will cry like a hungry baby)

[serjent05]

"Fucking Chinese" LOL there are how many Chinese again? 1.3 B?

Yes, this is true.  It is also further proof that the Chinese are definately fucking.

Lol I like your sense of humor 

A lot of misinformation and misinformed people here.  Also not sure why this ignorant thinly veiled racism is allowed.

Because the admins are not morons.  Where's the racism?  If someone wrote: "I hate the fucking Chinese" - that might be racism.  But the original post clearly states love for the Chinese. 

Stop being a politically correct idiot.  There is no racism.   I do hate the idiots around here.

Yeah, i agree there is no racism in there, in fact the original post thanks the Chinese for pushing BTC price up.  It's just an expression, and  a good one to catch readers to comment on his thread

[RawDog]

Turns out, the fucking Chinese aren't really doing much buying and selling after all - it's all smoke and mirrors.  Those little squatty fuckers are cooking the books!  Honesty was never a forte in some communities.  Oh well.  C'est la vie.

https://forum.bitcoin.com/bitcoin-discussion/reminder-chinese-bitcoin-spot-exchanges-okcoin-and-huobi-are-faking-a-majority-of-their-trading-volume-t6701.html

[mayax]

Turns out, the fucking Chinese aren't really doing much buying and selling after all - it's all smoke and mirrors.  Those little squatty fuckers are cooking the books!  Honesty was never a forte in some communities.  Oh well.  C'est la vie.

https://forum.bitcoin.com/bitcoin-discussion/reminder-chinese-bitcoin-spot-exchanges-okcoin-and-huobi-are-faking-a-majority-of-their-trading-volume-t6701.html

i said that since years ago that all the exchangers are doing the same. Fake volumes in order to manipulate the price and the potential clients.

I have to remember Bitfinex, Bitstamp, BTC-e as well along with all the chinesse exchangers. You will see the real BTC market when these exchangers will publish the IN and OUT bank wires(real time)

They will never do it because you there are only "few" not thousands of transfers as you imagine. Example : Bitfinex has up to 70-90 bank wires per day which is equivalent with nothing

What is really odd is that the people are accepting that, price manipulation. Do you know how much "you lose" with that? It is a FRAUD and almost nobody is saying a word. I don't see Coindesk saying" OKcoin and Huobi and other exchangers are doing frauds". Why? YES, big interests.

[Ayers]

Turns out, the fucking Chinese aren't really doing much buying and selling after all - it's all smoke and mirrors.  Those little squatty fuckers are cooking the books!  Honesty was never a forte in some communities.  Oh well.  C'est la vie.

https://forum.bitcoin.com/bitcoin-discussion/reminder-chinese-bitcoin-spot-exchanges-okcoin-and-huobi-are-faking-a-majority-of-their-trading-volume-t6701.html

that is an old news, it say march 2016, how it is related with the recent pump? it can still be because of chinese, or brexit or halving, many possibility, i think the halving is the greatest betwen those yes