ChartBuddy
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 Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2015, 07:01:33 PM |
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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JorgeStolfi
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October 30, 2015, 07:01:39 PM
Last edit: October 30, 2015, 07:13:05 PM by JorgeStolfi |
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How is it that China is supposed to be almost 20 dollars higher than the other exchanges, but every exchange still follows China's every move?
Are you looking at BitcoinWisdom? The USD equivalent of Chinese prices is computed using some currency exchange rate. IIRC, BitcoinWisdom was obtaining the exchange rate from some standard site like Google or Yahoo. However, BitcoinWisdom's owner seems to be rather absent of late: he hasn't logged on bitcointalk since 2015-08-27, and his most recent post was on 2015-07-14. So, maybe the CNY:USD exchange rate is out of date. The CNY was recently devaluated, so that may explain the apparent discrepancy between Chinese and Western prices. According to his previous post, he seems to have succumbed to the Second Version Syndrome, a severe and often fatal occupational disease of software developers. EDIT: according to this chart, the yuan dropped relative to the dollar from 1:6.21 to 1:6.40 between 2015-08-09 and 2015-08-13. It then recovered a bit, gradually, to 1:6.35, and today had a sudden jump to 1:6.32. |
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jaberwock
Legendary
 Offline
Activity: 2548
Merit: 1073
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October 30, 2015, 07:03:22 PM |
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The next few hours are critical.....again.
You mean when China wakes up? Why care so much about when China wakes up? Bots never sleep and exchanges never stop |
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dothebeats
Legendary
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Activity: 3640
Merit: 1352
Cashback 15%
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October 30, 2015, 07:04:18 PM |
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Give me $380+ and I'll post them with a vengeance.
Why $380+ brother ? Wile E. Coyote?  Huh  ?? Wile E. Coyote = Willy the bot of Mt. Gox. |
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crairezx20
Legendary
Offline
Activity: 1638
Merit: 1046
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October 30, 2015, 07:05:27 PM |
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I sw the price still going up. for me my speculation it will reach $340 above soon before 2016..
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gentlemand
Legendary
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Activity: 2590
Merit: 3013
Welt Am Draht
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October 30, 2015, 07:07:57 PM |
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I sw the price still going up. for me my speculation it will reach $340 above soon before 2016..
20.16pm at this rate. |
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JimboToronto
Legendary
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Activity: 4004
Merit: 4473
You're never too old to think young.
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October 30, 2015, 07:08:44 PM |
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Give me $380+ and I'll post them with a vengeance.
Why $380+ brother ? Wile E. Coyote? Huh ?? You know that GIF that Trollchop kept posting with Wile E. Coyote (of the Roadrunner) smashing his head against a rock ledge marked $480 $380 $280? |
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peonminer
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October 30, 2015, 07:15:10 PM |
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 Give me $380+ and I'll post them with a vengeance.
Why $380+ brother ? Wile E. Coyote? Huh ?? The hammer is upon us. |
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Fakhoury
Legendary
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Activity: 1386
Merit: 1027
Permabull Bitcoin Investor
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October 30, 2015, 07:20:44 PM |
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Wile E. Coyote = Willy the bot of Mt. Gox. Uh, ok. You know that GIF that Trollchop kept posting with Wile E. Coyote (of the Roadrunner) smashing his head against a rock ledge marked $480 $380 $280?
Yes, I remember it, me and Lambie are best friends, I enjoy playing him her in my own way  The hammer is upon us. How is that ? |
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chennan
Legendary
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Activity: 1316
Merit: 1004
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October 30, 2015, 07:23:34 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
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peonminer
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October 30, 2015, 07:25:13 PM |
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Wile E. Coyote = Willy the bot of Mt. Gox. Uh, ok. You know that GIF that Trollchop kept posting with Wile E. Coyote (of the Roadrunner) smashing his head against a rock ledge marked $480 $380 $280?
Yes, I remember it, me and Lambie are best friends, I enjoy playing him her in my own way The hammer is upon us. How is that ? Third attempt at peak hours trying to break downtrend, losing steam    |
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betterangels
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October 30, 2015, 07:25:24 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
yep, i'm out. i sold few mins ago. |
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peonminer
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October 30, 2015, 07:28:18 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
yep, i'm out. i sold few mins ago.  |
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Fatman3001
Legendary
Offline
Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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October 30, 2015, 07:28:50 PM |
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Give me $380+ and I'll post them with a vengeance. Why $380+ brother ? 'Cause it's The Magic Number. |
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Cconvert2G36
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October 30, 2015, 07:30:29 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
It's 3:30 am in china. We'll know their mood in a few hours. |
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peonminer
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October 30, 2015, 07:31:08 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
It's 3:30 am in china. We'll know their mood in a few hours.  12 HR Hammer becoming imminent ;( |
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lemmyK
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October 30, 2015, 07:35:49 PM |
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No.. looks like we can not get over 330 ..  |
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dothebeats
Legendary
Offline
Activity: 3640
Merit: 1352
Cashback 15%
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October 30, 2015, 07:57:37 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
yep, i'm out. i sold few mins ago. Thinking of letting it go too, seeing that breaking out of the small downtrend isn't working. I'll give this another chance when the Chinese are more active to see whether they will still push it up or not. |
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ChartBuddy
Legendary
Online
Activity: 2170
Merit: 1776
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
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October 30, 2015, 08:01:33 PM |
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peonminer
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October 30, 2015, 08:03:06 PM |
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China is scaring me a little bit as of right now... they currently aren't holding that $30 gap any more between bitstamp prices... What do you guys think? Is this the top?
yep, i'm out. i sold few mins ago. Thinking of letting it go too, seeing that breaking out of the small downtrend isn't working. I'll give this another chance when the Chinese are more active to see whether they will still push it up or not.   |
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