jubalix (OP)
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May 04, 2013, 01:58:15 PM Last edit: May 04, 2013, 03:34:31 PM by jubalix |
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Just thought I'd let gen-pop know....
China is waking up to Crypto's
we may even see a real exchange, and usage out of this
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proudhon
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May 04, 2013, 02:35:59 PM |
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I don't know what this means.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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jubalix (OP)
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May 04, 2013, 03:01:07 PM |
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I don't know what this means.
some % of over billion Chinese are likely to do the biggest speculative bubble yet and in the process suck out alot of BTC and LTC eg 400 Millcoins at 0.003 BTC after 3 days, and its just starting Zerg Protoss Terran, StarCraft references google zerg rush Gen Pop is btctalk general discussion inmates on the bright side you will probably see are real exchange come out of all of this and lots of buyable goods and services, though in CNC
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tysat
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Keep it real
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May 04, 2013, 03:02:43 PM |
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I don't know what this means.
Seconded... is this about alt coins?
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proudhon
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May 04, 2013, 03:13:40 PM |
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I think this is a reference to the media play bitcoin is getting in China right now, and the claim is that Chinese people are going to mass adopt (zerg rush?) bitcoin and push the price up a lot.
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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phantastisch
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May 04, 2013, 03:15:54 PM |
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I think this is a reference to the media play bitcoin is getting in China right now, and the claim is that Chinese people are going to mass adopt (zerg rush?) bitcoin and push the price up a lot.
I think he meant Chinacoin.
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Littleshop
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May 04, 2013, 03:28:43 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump straight from the BTC-E trollbox.
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jubalix (OP)
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May 04, 2013, 03:29:04 PM |
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I think this is a reference to the media play bitcoin is getting in China right now, and the claim is that Chinese people are going to mass adopt (zerg rush?) bitcoin and push the price up a lot.
no the CNC [China Coin]
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jubalix (OP)
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May 04, 2013, 03:29:31 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump trash straight from the BTC-E trollbox. you speak of what you know not...this is a seminal event and has large implications for BTC/CC
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phantastisch
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May 04, 2013, 03:34:37 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump trash straight from the BTC-E trollbox. you speak of what you know not...this is a seminal event and has large implications for BTC/CC I heard that the chinese here are not happy with CNC and some called it a disgrace for china's first coin. But i don't speak chinese so i can't verify it.
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jubalix (OP)
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May 04, 2013, 03:51:53 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump trash straight from the BTC-E trollbox. you speak of what you know not...this is a seminal event and has large implications for BTC/CC I heard that the chinese here are not happy with CNC and some called it a disgrace for china's first coin. But i don't speak chinese so i can't verify it. Its put CC's on the map in China....and so it begins
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phantastisch
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May 04, 2013, 04:10:57 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump trash straight from the BTC-E trollbox. you speak of what you know not...this is a seminal event and has large implications for BTC/CC I heard that the chinese here are not happy with CNC and some called it a disgrace for china's first coin. But i don't speak chinese so i can't verify it. Its put CC's on the map in China....and so it begins No, the TV Documentation on cctv brought CC's on the map.
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jubalix (OP)
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May 04, 2013, 04:39:31 PM |
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I don't know what this means.
Seconded... is this about alt coins? Yes. Should be moved to alt currencies or trash. It is just pump and dump trash straight from the BTC-E trollbox. you speak of what you know not...this is a seminal event and has large implications for BTC/CC I heard that the chinese here are not happy with CNC and some called it a disgrace for china's first coin. But i don't speak chinese so i can't verify it. Its put CC's on the map in China....and so it begins No, the TV Documentation on cctv brought CC's on the map. well that as well....!
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gogxmagog
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Ad maiora!
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May 04, 2013, 08:39:54 PM |
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china has had Q-coin since the late ninties(?) so they are already familiar with cryptos, not to mention the gold-farming that any chinese national unfortunate enough to go to prison is forced to participate in. so they definitely understand digital currencies. if users get established before their govt. cracks down (to steal their coins, natch) could be pretty big!
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powdabam
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May 04, 2013, 08:43:33 PM |
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I just want to point out that Google is banned from China for allowing them to search anything.
You guys honestly believe their government will allow them to trade currency under the table tax free.
Hrmm.
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jubalix (OP)
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May 05, 2013, 12:25:49 AM |
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I just want to point out that Google is banned from China for allowing them to search anything.
You guys honestly believe their government will allow them to trade currency under the table tax free.
Hrmm.
what, you have never heard of baidu? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) thats CNY google...China doesn't give a FTC about google, nor do they need it.....its amazing how out of touch the west is
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oakpacific
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May 05, 2013, 03:35:20 PM |
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Not all Chinese are that stupid. OP spoke like we will support a crap altcoin simply because it has got "CHN" in its name, no we won't.
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jubalix (OP)
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May 05, 2013, 11:43:57 PM |
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Not all Chinese are that stupid. OP spoke like we will support a crap altcoin simply because it has got "CHN" in its name, no we won't.
your right of course, but there are so many Chinese, that only a very small % are needed, also, has asort of gambling angle to it, and whoever did the CNC coin has themselves about 100K to 1 Million USD by now
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oakpacific
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May 06, 2013, 01:51:32 AM |
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Not all Chinese are that stupid. OP spoke like we will support a crap altcoin simply because it has got "CHN" in its name, no we won't.
your right of course, but there are so many Chinese, that only a very small % are needed, also, has asort of gambling angle to it, and whoever did the CNC coin has themselves about 100K to 1 Million USD by now 100K to 1 million is by no means a Zerg rush. Besides, there is an inherent risk associated with being a copycat of Bitcoin--you have to survive at the mercy of people like Luke-Jr, if some of the Bitcoiners get irritated enough and decide to 51% you with their spared GPU mining rig, you are done. It's actually why Bitcoin is unique and not just replaceable with any altcoin.
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jubalix (OP)
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May 06, 2013, 02:00:00 AM |
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Not all Chinese are that stupid. OP spoke like we will support a crap altcoin simply because it has got "CHN" in its name, no we won't.
your right of course, but there are so many Chinese, that only a very small % are needed, also, has asort of gambling angle to it, and whoever did the CNC coin has themselves about 100K to 1 Million USD by now 100K to 1 million is by no means a Zerg rush. Besides, there is an inherent risk associated with being a copycat of Bitcoin--you have to survive at the mercy of people like Luke-Jr, if some of the Bitcoiners get irritated enough and decide to 51% you with their spared GPU mining rig, you are done. It's actually why Bitcoin is unique and not just replaceable with any altcoin. it is relative to other countries
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