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Author Topic: Fake data for real big profit.  (Read 1293 times)
btcfundsorg
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March 29, 2014, 01:14:07 PM
 #1

The proportion of china in bitcoin is overrated ,
Chinese exchange like huobi and okcoin have 0% fee ,  
it's esay to make big volume exemple now : okcoin today volume 96051.05 one guy with 1k btc and bot make it only 96 trade it is nothing at all lot of btc early adopter can make it. their brings enormous credibility is it allows them to create panic sell.


I think china has own less than 8% of total bitcoin. everything is big movement are just bluffing to scare all other trader and bought cheaper, its not asking you question btc-e the only big non KYC exchanger is the highest price while usually it is the lowest? ...
We are in a big offense of initiated .


reflected by yourself in the place of sale because the neighbor sell.

await the arrival of wall street and traditional trader.

Bitcoin will change the world. and I did not tell her because I bought for 1200$ and I Despair I bought a 50 $ / btc * 600 , I am not trying to do you manipulated , just you understand what is happening now


China want ban bitcoin it's a good thinks like mtgox crack we dont need negative actor in our economy

sorry for my english .
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ndnh
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March 29, 2014, 02:14:39 PM
 #2

It is a play by traders to make profit.

They try to cash out every rumour and people panic sell, they wait, price go down and sudenly they buy everything back
Speculators profit in BTC

Price spikes. Bullish market. People buy. At another -ve rumour they sell again
Spculators profit in dollars

The big guys win. They control the market.
The believers win. They don't panic sell

ryanmnercer
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March 30, 2014, 10:27:56 PM
 #3

I'm sorry, I tried to find a coherent thought there but couldn't...

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March 30, 2014, 11:24:52 PM
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I'm sorry, I tried to find a coherent thought there but couldn't...

Bots are trading for small profit margins since the fees are 0%, so the huge volume is "fake".

ryanmnercer
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March 30, 2014, 11:46:51 PM
 #5

I'm sorry, I tried to find a coherent thought there but couldn't...

Bots are trading for small profit margins since the fees are 0%, so the huge volume is "fake".

Haha ah, thank you for translating. Indeed.

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kooke
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March 30, 2014, 11:52:05 PM
 #6

If we go by the number of Chinese people posting on this forum with poor English, then I'd wager that there are quite a few of them Invested in BTC. Whether they own more or less than 8% I don't know, but I would expect us to head further south if/when exchanges get shut down there.

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March 31, 2014, 12:35:42 AM
 #7

I'm sorry, I tried to find a coherent thought there but couldn't...

Bots are trading for small profit margins since the fees are 0%, so the huge volume is "fake".

Haha ah, thank you for translating. Indeed.

You are welcome  Smiley
I don't know Chinese, but I'm able to read several versions of broken English.

Satterfield
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March 31, 2014, 01:19:09 PM
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If we go by the number of Chinese people posting on this forum with poor English, then I'd wager that they are quite a few of them Invested in BTC. Whether they own more or less than 8% I don't know, but I would expect us to head further south if/when exchanges get shut down there.
These are very interesting facts about Chinese.

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