ArticMine
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Monero Core Team
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October 13, 2013, 11:14:22 PM |
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http://imgur.com/jgwRMJoThis rally is being led by CHINA... Forget US exchanges. The rules have now changed. Bitcoin will see a paradigm shift as China leads for the next few months since US regulators are creating a pain in the ass for US exchanges. Only when we see $250 (my guess is by december), and the media starts talking about Bitcoin reaching new highs again, will US regulators capitulate and finally make it easy for americans to buy BTC. Once we hit $1,000 -- average americans will be calling their investment advisors asking how to invest in bitcoin. Wall street will pile in. The move from $1,000 to $100,000 will happen faster then $10 to $1,000 I would watch the psychological 1000 CNY level on the Chinese exchanges. http://btckan.com/price
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bitcoin carpenter
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October 13, 2013, 11:20:51 PM |
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if china sees BTC as a way to transfer currency with little gov't scrutiny Or control we will may see the moon Sooner then I thought and it looks to me like it is the ask depth in CNY that is pulling the us exchanges up.. time to think like a bull
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bobdude17
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October 13, 2013, 11:22:05 PM |
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Beijing is just waking up now...
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samson
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October 13, 2013, 11:31:09 PM |
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if china sees BTC as a way to transfer currency with little gov't scrutiny Or control we will may see the moon Sooner then I thought and it looks to me like it is the ask depth in CNY that is pulling the us exchanges up.. time to think like a bull
I do wonder how much money is paid in bribes in China each month and if Bitcoin could be used as a way to get around the Chinese government attempts to crack down on corruption.
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joesmoe2012
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October 14, 2013, 12:04:05 AM |
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How hard is it to send money from china to the USA or EU?
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Nemesis
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October 14, 2013, 12:19:39 AM |
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How hard is it to send money from china to the USA or EU?
very easy i heard. They have too much USD.
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TERA
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October 14, 2013, 12:33:49 AM |
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Bidsum up to 13.33M. I wonder if people are actually depositing on gox now or if this is money that was on the sidelines.
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derpinheimer
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October 14, 2013, 12:35:39 AM |
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Bidsum up to 13.33M. I wonder if people are actually depositing on gox now or if this is money that was on the sidelines.
Would have to be pretty dumb to deposit on Gox.
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Spaceman_Spiff
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₪``Campaign Manager´´₪
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October 14, 2013, 12:39:16 AM |
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Bidsum up to 13.33M. I wonder if people are actually depositing on gox now or if this is money that was on the sidelines.
Would have to be pretty dumb to deposit on Gox. Press articles still refer to Gox. Not everybody roams the bitcointalk boards. Plus, even some people of the people here actually seem to prefer it.
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romerun
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Bitcoin is new, makes sense to hodl.
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October 14, 2013, 01:10:16 AM |
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NamelessOne
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October 14, 2013, 01:16:25 AM |
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It has been a great day so far! I've been busy moving into a new place but it has been exciting looking at my android tickers and browsing the forums, hehe. I'm hoping the September high will soon be demolished, it has been damn boring.
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derpinheimer
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October 14, 2013, 01:26:40 AM |
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Any last words, $150?
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lucas.sev
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October 14, 2013, 01:27:55 AM |
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pullback to 144 any moment I suppose
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Erdogan
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October 14, 2013, 01:39:23 AM |
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This is the effect of the cctv program months ago.
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BitcoinAshley
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October 14, 2013, 02:11:23 AM |
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This is the effect of the cctv program months ago.
Looking at China volume you have yourself a legitimate suggestion there. But if you had said that months ago on these boards you'd have been laughed at "Bah humbug, all news is bad news, this won't have any effect, everyone in China who matters already knows about it."
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NamelessOne
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October 14, 2013, 02:27:36 AM |
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Let it begin! 148.50 was smashed, that was the September high at the beginning of the month before the bastard huge triangle began. Onward to 150! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
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el_rlee
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October 14, 2013, 02:29:00 AM |
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How hard is it to send money from china to the USA or EU?
very easy i heard. They have too much USD. Hard. CNY is not a freely convertible currency.
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derpinheimer
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October 14, 2013, 02:29:20 AM |
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Let it begin! 148.50 was smashed, that was the September high at the beginning of the month before the bastard huge triangle began. Onward to 150! ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Didnt the megawhale take the price to like 148.94? Or around there?
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NamelessOne
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October 14, 2013, 02:31:44 AM |
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If I recall correctly it was 148.50, if I'm mistaken then so be it, haha.
EDIT: looking at the charts it appears it was 148.50.
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