When BTCChina runs out of BTC

Crazy (OP)

Full Member

Offline

Activity: 182
Merit: 106

When BTCChina runs out of BTC

November 18, 2013, 04:24:57 PM

#1

When it dries up, what do you predict will happen?

Elon Krusky

JimboToronto

Legendary

Offline

Activity: 3836
Merit: 3927

You're never too old to be young.

Re: When BTCChina runs out of BTC

November 18, 2013, 04:29:01 PM

#2

Quote from: Crazy on November 18, 2013, 04:24:57 PM

When it dries up, what do you predict will happen?

Price will rise and previously hoarded or recently mined coins will hit the market to fill the demand.

dillpicklechips

Hero Member

Offline

Activity: 994
Merit: 506

Re: When BTCChina runs out of BTC

November 18, 2013, 04:29:12 PM

#3

Quote from: Crazy on November 18, 2013, 04:24:57 PM

When it dries up, what do you predict will happen?

Already hitting $722 per coin. Holy crap!

YoYa

Hero Member

Offline

Activity: 809
Merit: 501

Always verify deals with me through my public key!

Re: When BTCChina runs out of BTC

November 18, 2013, 04:30:28 PM

#4

http://www.youtube.com/watch?v=KTg5W1Lgyzo#t=5418

GigaCoin

Sr. Member

Offline

Activity: 308
Merit: 251

Giga

Re: When BTCChina runs out of BTC

November 18, 2013, 05:07:24 PM

#5

Quote from: YoYa on November 18, 2013, 04:30:28 PM

http://www.youtube.com/watch?v=KTg5W1Lgyzo#t=5418

Get Free Litecoins here!
Invest in Bitcoin Mining
Invest in the Altcoin Market

kokojie

Legendary

Offline

Activity: 1792
Merit: 1003

Re: When BTCChina runs out of BTC

November 18, 2013, 05:10:16 PM

#6

well, buy from elsewhere, and send to China to sell! then exchange your RMB into USD (very fast if you have a reliable exchange partner, it's nearly instant), rinse and repeat. I know some traders are making a killing doing this. This is the arbitrage opportunity of a lifetime if you have the funds. You make nearly $10000 for each 100 BTC arbitraged.

btc: 15sFnThw58hiGHYXyUAasgfauifTEB1ZF6