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Bitcoin Forum > Economy > Economics > Speculation > Temporary bounce to $600? But we're still going doowwwwwwwwnnnnnnnnnnn
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boogi
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December 19, 2013, 04:07:28 AM
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ALL IN  Cool
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massivebitman (OP)
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December 19, 2013, 05:21:04 AM
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Ahhh well I guess we'll see how much of an impact the Chinese have... But I'm staying out for now

In my opinion they're a fucking time bomb...

The government's pretty much stamped out bitcoin innovation in China for the time being.

The Chinese are not delusional they want RMB they can spend not BTC..

Does anyone have any figures on how many BTC are mined in China?

Doubtful it's that much, but that would be the real interesting stat. You can expect most of it will be sold before Jan 30... With no money coming in, the price is going to go through the floor... It has to!
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December 19, 2013, 05:23:15 AM
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It'll be a bumpy ride down, until the next panic sell... bookmark my words... It'll happen!
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December 19, 2013, 06:45:02 AM
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Quote from: massivebitman on December 19, 2013, 05:21:04 AM
Does anyone have any figures on how many BTC are mined in China?

Organofcorti might be able to figure this out.
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