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Author Topic: What would the bitcoin graph look like without China?  (Read 639 times)
CoinGroin (OP)
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December 19, 2013, 10:38:10 AM
 #1

Serious question.
devthedev
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December 19, 2013, 01:40:06 PM
 #2

Well, you can now see what it'll look like Smiley

Pre-China we were averaging $200/BTC

Sindelar1938
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December 19, 2013, 01:59:22 PM
 #3

Probably around 250 bucks

zubelutte
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December 19, 2013, 02:02:22 PM
 #4

Any time high would be around 500. The US senate hearing helped Bitcoin adoption as well
CoinGroin (OP)
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December 19, 2013, 09:24:14 PM
 #5

I agree with this.  It just would have been interesting to see the rise and fall due to U.S. moves instead of it getting mixed up in Chinese speculation.
ercolinux
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December 19, 2013, 09:28:38 PM
 #6

Probably we have reached a  600-650$ maximum: China has only helped to speedup the normal trend

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ropegut
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December 19, 2013, 09:33:45 PM
 #7

well i heard in china theres guys sitting outside a chinese bank with bags of money selling money below the exchange rate of the banks.
buckrogers
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December 19, 2013, 09:34:39 PM
 #8

why would that matter?

Well I'm dr. spock I'm here to rock y'all
neuroMode
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December 19, 2013, 09:54:27 PM
 #9

It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

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smeagol
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December 19, 2013, 10:40:38 PM
 #10

It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

China was a bubble...
CoinGroin (OP)
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December 20, 2013, 05:05:17 AM
 #11

It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

I agree that it helped the price increase, but the rise/sudden fall when the bad news came out of China gave serious ammunition to people who say that it can't be currency because of the insane fluctuation. 
Kaligulax
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December 20, 2013, 06:57:43 AM
 #12

same.. but for long time
China has only helped to speedup growth!

1FxCUCAij9FT9fXQSqYHHMiaELhRTAhui6
wanchongshan
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December 20, 2013, 07:18:53 AM
 #13

Now?
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