Paashaas
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Activity: 3472
Merit: 4441
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June 13, 2016, 02:36:09 PM |
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pandalion98
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June 13, 2016, 02:42:20 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five?
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MahaRamana
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June 13, 2016, 02:43:15 PM |
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Bitbulls what do you think will be the top on this pump?
2500 USD for this summer period But contrary to all previous tops, I don't see a big collapse happening. There will be a significant correction but we will not have a long dead valley anymore.
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lrdeoliveira
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June 13, 2016, 02:43:53 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? the chinese stock exchange is going underground -3.5%
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European Central Bank
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Activity: 1288
Merit: 1087
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June 13, 2016, 02:44:52 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five?
It's real hard for them to invest abroad so options are very limited. They also love a gamble. They're the world centre of tech manufacturing so its natural that mining's gonna congregate there. There's a ton of money there chasing limited options for stuff to do with it.
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MahaRamana
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June 13, 2016, 02:46:59 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? 1. Chinese people are very many. 1.3 billion people. It's like 4 USA. 2. The growth in China in the last 10 years created many rich people 3. China has very strict capital controls which means that people cannot easily convert their YUANs to other currencies or transfer their money in other countries 4. Chinese can transfer Yuans within China to buy Bitcoin with Chinese exchange. 5. Bitcoin is becoming a fashionable investment instrument in China
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tetra
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June 13, 2016, 02:48:59 PM |
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If demand remains a constant...... and supply is halved then...........
But whether this rise is due to the halvening being already priced in? Everything is always priced in. This is why the market price is what it is. Can you be more specific about this "everything"?
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toknormal
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Activity: 3066
Merit: 1188
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June 13, 2016, 02:49:57 PM Last edit: June 13, 2016, 03:01:31 PM by toknormal |
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Fresh fiat arriving at exchanges. SRB's being refuelled. Exchanges all fully arb'd (except 1 straggler of course). Hobular and Titstamp within 50c of each other.
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P_Shep
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Activity: 1795
Merit: 1208
This is not OK.
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June 13, 2016, 02:57:45 PM |
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Looks like we're going parabolic
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spike420211
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June 13, 2016, 02:59:49 PM |
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>pay your CC ON TIME Yeah, that's what I've been doing. Paying my debts on time. Does that sound like an unusual concept 2 u? For more than a few people, I'm afraid so. They couldn't keep airing those Discover card ads if the majority of consumers had a clue. Also... keep in mind that even though student loan debt and medical bills can no longer be charged off in bankruptcy court [TYVM Bill and Hillary], CC debt can be... over and over and over, every 7 years...
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DeathAngel
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Activity: 3164
Merit: 1601
#1 VIP Crypto Casino
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June 13, 2016, 03:00:06 PM |
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I'm starting to get nervous now to be honest. I'm sitting on coins wondering when to get out. I don't want to miss the top & end up seeing a big dump.
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Asrael999
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June 13, 2016, 03:00:54 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? The Chinese currency has been steadily depreciating since 1/14, but at an increased rate since March. There are few cost effective ways to move money out of CNY and caps on the amounts you can legally exchange. I imagine the Chinese see crypto currency as a means of hedging against further CNY depreciation.
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pearl11
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June 13, 2016, 03:01:51 PM |
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The price as of now 723$ and still continue to rise..5 minutes have passed and bitcoin gained + 10 usd.. from 713 to 723 in five minutes . This must be the way to the moon.
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MahaRamana
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June 13, 2016, 03:02:01 PM |
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I'm starting to get nervous now to be honest. I'm sitting on coins wondering when to get out. I don't want to miss the top & end up seeing a big dump.
Why to get nervous ? If you see a big dump, you will see a higher top later.
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becoin
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Activity: 3431
Merit: 1233
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June 13, 2016, 03:02:51 PM |
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I still don't get why the Chinese are very involved. Can anyone explain like I'm five? It seems they are more thoughtful about their personal wealth than we are.
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RGR991
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Activity: 99
Merit: 10
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June 13, 2016, 03:04:30 PM |
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parabolic moves always end in tears..who dumps first, the Chinese or the West.... I am still hoping to see 900-990 before it happens though
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lrdeoliveira
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June 13, 2016, 03:04:52 PM |
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I'm starting to get nervous now to be honest. I'm sitting on coins wondering when to get out. I don't want to miss the top & end up seeing a big dump.
Why to get nervous ? If you see a big dump, you will see a higher top later. it depends on how much is later, not all the traders want to wait years to be in positive or return equal
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pinger
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Activity: 1512
Merit: 1001
Bitcoin - Resistance is futile
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June 13, 2016, 03:06:37 PM |
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I'm starting to get nervous now to be honest. I'm sitting on coins wondering when to get out. I don't want to miss the top & end up seeing a big dump.
Why to get nervous ? If you see a big dump, you will see a higher top later. it depends on how much is later, not all the traders want to wait years to be in positive or return equal Just remember to take your coins out of your favourite exchange, Don't be Goxed again!
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jbreher
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Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
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June 13, 2016, 03:11:05 PM |
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Here we go again. A new high for the year.
$700 soon?
that-escalated-quickly.gif
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Paashaas
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Activity: 3472
Merit: 4441
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June 13, 2016, 03:12:12 PM |
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11.2B Market Cap alrdy, that escalated fast 21M coins for 7B people! Congrats if you own full Bitcoins
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