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Author Topic: BTCChina hit 220$ Today.  (Read 1040 times)
1Pakis (OP)
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October 22, 2013, 08:34:49 AM
 #1

GOX only hit 205.50$
What was that?
Is there an exchange that is more expensive that GOX?
Are all of our coins going to China?
Speculate  Smiley

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
firstlast
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October 22, 2013, 07:15:35 PM
 #2

only if you sell
matt608
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October 22, 2013, 07:22:05 PM
 #3

btcchina hitting an even higher price than gox means that the Chinese are leading this bubble, they are the ones buying up the coins and gox and bitstamp and following the Chinese price.  You'll notice the Chinese market is much more volatile, there was a $40 dump last night on btcchina that only translated into a $10 drop on bitstamp and mtgox.  It's a Chinese bubble, and they have a gambling spirit Smiley  $300 is on the way soon I expect.
SheHadMANHands
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October 22, 2013, 07:23:00 PM
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Btcchina is still up at 197$ post correction.  Doubt we're done climbing.
goldlyre
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October 23, 2013, 09:24:55 AM
 #5

The bitcoin's RMB market is usually more volatile than most of the western markets. On 10th Apr. this year, the highest point reached 1930 yuan that equaled USD 311.60, i.e. to be higher than MtGox's 266 dollars by 17%.  The exchange rate of that day was 1:6.194. 
1Pakis (OP)
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October 23, 2013, 11:01:15 AM
 #6

And the volume was less that 1/3 of what was yesterday.
If I sell 1 BTC for 10000€ this this doesn't mean that 1BTC costs that much.

P.S. I will sell one or two when it costs that much Grin

Tips are welcome at this address 18DVZkpSwmejPjekX3QMKvRRtR8Bfx65LN.
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