BTCChina performing bad

[Milotyc]

China in pink, mtgox white. 7 day EMA:

http://s27.postimg.org/cgni09ni7/mtgox_vs_btcchina.jpg

BTCChina is not even showing the slightest rise since 27th

[jamesc760]

China man  don't want to trade at btcchina anymore because they don't want to pay the fees???

[T.Stuart]

China in pink, mtgox white. 7 day EMA:



BTCChina is not even showing the slightest rise since 27th

Great news. If we keep breaking away that really will be something - a paradigm shift in recent market psychology!

[Milotyc]

a paradigm shift in recent market psychology!

Lolwat why?

[theonewhowaskazu]

China in pink, mtgox white. 7 day EMA:



BTCChina is not even showing the slightest rise since 27th

Great news. If we keep breaking away that really will be something - a paradigm shift in recent market psychology!

Because high price differences between exchanges are something entirely new when it comes to Bitcoin.

[T.Stuart]

China in pink, mtgox white. 7 day EMA:



BTCChina is not even showing the slightest rise since 27th

Great news. If we keep breaking away that really will be something - a paradigm shift in recent market psychology!

Because high price differences between exchanges are something entirely new when it comes to Bitcoin.

No I wasn't being sarcastic although you've got a point! What I mean is that at some point it would be good to see China following western exchanges as opposed to what seems to have been happening recently where China drops, we drop; China goes up, we go up. Considering the situation in China it would be much more desirable for this mentality to shift and for China to follow us, which is what it looks like might be happening on this graph (we go up and no move in China means we are gaining some degree of independence).

[Milotyc]

No I wasn't being sarcastic although you've got a point! What I mean is that at some point it would be good to see China following western exchanges as opposed to what seems to have been happening recently where China drops, we drop; China goes up, we go up. Considering the situation in China it would be much more desirable for this mentality to shift and for China to follow us, which is what it looks like might be happening on this graph (we go up and no move in China means we are gaining some degree of independence).

Neither is following each other atm.

[T.Stuart]

BTCchina is so dead. I just checked and the last transaction was more than 30 minutes ago...

Everything's quite peaceful all round. Lovely.

[Milotyc]

BTCchina is so dead. I just checked and the last transaction was more than 30 minutes ago...

Might be most of them retrieved their bitcoin instead of trying to sell and cash out?

[Walsoraj]

BTCchina is so dead. I just checked and the last transaction was more than 30 minutes ago...

Might be most of them retrieved their bitcoin instead of trying to sell and cash out?

Or 99% of the trading was by 1-2 individuals who have moved their coins to an exchange that doesn't require ID verification.

[realdos]

http://btckan.com/price

check the volume. Now Huobi and ChBTC are leading the market. Forget about BTCChina now. But China is still leading the world.

[DieJohnny]

http://btckan.com/price

check the volume. Now Huobi and ChBTC are leading the market. Forget about BTCChina now. But China is still leading the world.

I do not believe Huobi volume, last i checked the open order book on Huobi was like 250 coins or something crazy small. Did not match their insane volume.

[RealDon]

The volume on all the Chinese exchanges is likely BS.