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Author Topic: Bitcoin is now $900 in China !  (Read 2075 times)
GigaCoin (OP)
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November 18, 2013, 11:06:02 PM
 #1

BTC China hit $900 !! incredible, bubble or not seems like a lot of money is pouring into Bitcoin.

$1000 / BTC is almost here, High figures like $10,000/ btc getting more real as the price goes up.

Loving this.

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November 18, 2013, 11:08:43 PM
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Unbelieveble! The coin is really skyrocketing! The 'high' on MrGox is currently about $780,-, which is also a lot.

I'm wondering when the correction will take place, as this can't go on like this..

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November 18, 2013, 11:10:37 PM
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711 BTC to break 6,000 CNY

6090 CNY is $1000

$1000 is a large psychological barrier in the U.S. but I imagine in China, theirs was 5,000 CNY.

It doesn't seem to be slowing down... This could be real interesting!
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November 18, 2013, 11:11:23 PM
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GigaCoin (OP)
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November 18, 2013, 11:11:42 PM
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Unbelieveble! The coin is really skyrocketing! The 'high' on MrGox is currently about $780,-, which is also a lot.

I'm wondering when the correction will take place, as this can't go on like this..

I'm fairly certain there will be a correction (eventually), but even if it happens i don't see it breaking $550 floor anymore , overtime it'll just keep going up past $1000 and into higher 1000's .

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November 18, 2013, 11:11:53 PM
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I think the positive hearing was unexpected, poured some fuel on this trend. Wheee!
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November 18, 2013, 11:12:37 PM
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i Love China!
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November 18, 2013, 11:13:18 PM
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Epic bubble is epic.  This one is fun to watch.  It's a huge guessing game as to when it will pop.  All history suggests it's when and not if.
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November 18, 2013, 11:14:38 PM
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http://www.youtube.com/watch?v=04QoA44c23A Grin
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November 18, 2013, 11:15:56 PM
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http://c-spanvideo.org/program/Currenci for who missed it...

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GigaCoin (OP)
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November 18, 2013, 11:16:18 PM
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 Cheesy

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November 18, 2013, 11:16:45 PM
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this time its different....
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November 18, 2013, 11:19:31 PM
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China: Calm down! You are scaring us!

I am an evangelical missionary heading to China. Donations are welcome here (dedicated wallet): 1H8iswayfTaRb6oe2WjMCRmchBJHYyfx9z
You can find more information about my plans here: http://btcmission.com
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November 18, 2013, 11:20:45 PM
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Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?
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November 18, 2013, 11:22:59 PM
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Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?
who cares price is going up be happy
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November 18, 2013, 11:42:31 PM
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Where do China's exchanges get their bitcoin from?

It seems like a simple question, but who are the sellers there?

China has one of the largest miner bases. They re heavy in mining.

more or less retired.
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November 18, 2013, 11:46:13 PM
 #17

711 BTC to break 6,000 CNY

6090 CNY is $1000

$1000 is a large psychological barrier in the U.S. but I imagine in China, theirs was 5,000 CNY.

It doesn't seem to be slowing down... This could be real interesting!


The psychological barrier will be 10,000 CNY, I guess this week  Shocked

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November 19, 2013, 12:10:23 AM
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The Chinese don't seem to care about psychological barriers.
Also notice how the CNY rates are much less fiddly and twitchy. They just buy and hold, whereas the goxans stampians and btce-ers make a nervous mess of the charts by panicking.
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November 19, 2013, 12:12:57 AM
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Are you going to be equally sad once bitcoin crashes as you are happy right now while it rises?
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November 19, 2013, 12:23:41 AM
 #20

Epic bubble is epic.  This one is fun to watch.  It's a huge guessing game as to when it will pop.  All history suggests it's when and not if.
It's also one very easy to predict, actually.
Hint: BTC > 1000$in china, now.

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