Bitcoin selling at $1100 per unit in BTCChina

[JohnnyPierce]

Bitcoin broke the $1000 barrier, it is now selling at $1100 per bitcoin in btcchina.

Will it continue to rise exponentially, will bitcoin reach $100k per bitcoin or higher?

[PenAndPaper]

What's happening in china is absolutely insane.

[Agamemnon]

Since money is scarce, it is impossible for the price to rise exponentially. I believe even the $1100 price is way above our realistic expectations. At least now we know what drives this growth... the rise of demand from China.

[JohnnyPierce]

At least now we know what drives this growth... the rise of demand.

Fixed, being from China or elsewhere is irrelevant, high demand will always raise the price.

[Agamemnon]

At least now we know what drives this growth... the rise of demand.

Fixed, being from China or elsewhere is irrelevant, high demand will always raise the price.

It is relevant. Every information is important.

[reannypleas]

Since money is scarce, it is impossible for the price to rise exponentially. I believe even the $1100 price is way above our realistic expectations. At least now we know what drives this growth... the rise of demand from China.

I wouldnt say money is scarce, quite the oposite.
But I agree, I didnt believe we can see $1000 this year

[PenAndPaper]

Seems like a habit for bitcoin to prove everyone wrong. 

[kabb]

That's pretty insane. Why is the price in China so much higher than the price everywhere else, though?

[zubelutte]

That's pretty insane. Why is the price in China so much higher than the price everywhere else, though?

Maybe Chinese know not to sell lower than they bought in ?

[Azure1203]

There was a map on Business Insider the other day that showed BTC transactions.  China leads the pack by a long shot.

[greatdn]

Bitcoins are selling where i live for $1313 canadian.  Got my local bitcoin quote from:

bitcoinprices.info

[wwz2193]

now ppl that save a lot of bitcoins in their wallets are superrichers omfg i wish i have 100k bitcoins

[wwz2193]

How i blame myself for not buying some bitcoins in the past if i buy them in past i will be rich now lol, i guess im not the only one with this feeling .

[mvidetto]

The real question is this the end of the bubble?

[snerrad]

 
Should have held on to my BTC. Sold some last week for only $400

[bitcoindigi]

How i blame myself for not buying some bitcoins in the past if i buy them in past i will be rich now lol, i guess im not the only one with this feeling .

yeah, you're not the only one

[BitcoinBrands]

Amazing that China takes the lead.

I would have thought it would be the US or Europe, but there it is.

[newrui]

With the newly introduced real estate taxes and uncertain stock markets, there aren't many places for Chinese to invest nowadays. Many other financial instruments' growth at one point were fueled by the Chinese too, such as gold.

[Jack_W]

Bought at 134, sold at 326 thinking it would crash :/
Guess i should be happy i more than doubled my money but it's hard to be happy when i could have had a 600% increase instead. Heres hoping the crash comes soon so i can buy back in...

[wwz2193]

i hope too, want to buy some.