'Crash' Bitcoin

[Jochen]

Today the bitcoin went between 378usd and 755usd on Bitstamp.
I hear people tell about the btcchina and stuff, and also said that the crash is coming today.
I know alot of it is specualation and bullsh*t, but some of them seems to know what they are doing.
Why do people watch btcchina alot? Can they show a decent amount of % of when btc is going down before btc-e.com shows?
Or do they follow something else?

Grtz

[RW02]

btcchina is one of the main forces driving the boom in bitcoin because there buying so many. i doubt theres going to be a crash today and i belive bitcoin could pass 1000 before it even slows down

[Jochen]

So, in a way you can better check btcchina and btc-e together? So if btcchina is dropping, then btc-e will follow after?
Thanks for the reply.

Grtz

[novymivo]

yes
1) btcchina
2) gox
3) bitstamp
4) btc-e
You can use www.bitcoinity.org to watch

[Jochen]

Ok. I am with Bitstamp and was checking that and btc-e.
Thanks for the help

[massimies]

Crush, crash and smash bitstamp. I'm done with that site and I'm getting my coins out of there as soon as possible. That just might be never. 

[Gator-hex]

How do they know?

They are the ones who short the market in low volume (overnight/weekend), then spread the rumors, that's how they know!