Fiatleak.com showing massive, ongoing BTC buying from China

[sdersdf2]

If BTC demand is supposed to be drying up in China, why does fiatleak.com show....
heavy, heavy, HEAVY BTC buying from China:
http://fiatleak.com/

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[Zule]

For the 100th time FL shows sells as buys too

[pungopete468]

For the 100th time FL shows sells as buys too

I've never seen a BTC sell transaction process where somebody else didn't buy it. A sell order is fulfilling an existing order to buy... I think a better question is; if the end of BTC trading is imminent in China then why are people placing "buy" orders?

[Bit_Happy]

For the 100th time FL shows sells as buys too

I've never seen a BTC sell transaction process where somebody else didn't buy it. A sell order is fulfilling an existing order to buy... I think a better question is; if the end of BTC trading is imminent in China then why are people placing "buy" orders?

There is no doubt that many people in China want BTC.
The concern is getting money in and out of the exchanges.
So the buyers know they can transfer their BTC, but the sellers money = 

[keithers]

A few of my friends run businesses in US but with Chinese conglomerate involvement. They say that chinese gov't has been stocking up on BTC for awhile. They will probably back down on all the bans once they hold enough and feel they have enough control.

[trior]

It seems like people are cashing out . Isn't it?  

[keithers]

It seems like people are cashing out . Isn't it?  

Somewhat,  I have heard a lot of people thinking that BTC will make it into the $300s and LTC into the single digits...

[freedomno1]

Mumble Kaiser made a good trick in setting a link to this site up

[nuff]

i feel like litecoin is boring and wont really get anywhere but bitcoin is going up because it is the first coin.  Whoever is selling bitcoin atm in my opinion is making a mistake, bitcoins will probably go up since they are so innovative.

Always buy, never sell

[redwhite037]

Maybe some of the Chinese are stocking up on bitcoin because after two weeks, it'll be difficult for them to buy.

[S4VV4S]

You know, I used to like repeating my self in order to make people understand.

Now I am starting to hate it  

Here:

Bitmain's account (one of them):
https://blockchain.info/address/1QB8Ds5KbGYBLQa5RyDQ2sVUeSKWf7qgkZ
Do you see them selling coins?

Here:
http://www.coindesk.com/btc-china-dismisses-pboc-fears-open-letter/

Want more?
Do some f*ckin research and stop crying like a girl.

The Chinese are the number one player in the Bitcoin game, and I am not talking about the government.

The ones who sell are NOT Chinese.
They are a new kind of breed.
I think I should just call them IDIOTS!

[paulsonnumismatics]

There is no doubt that many people in China want BTC.
The concern is getting money in and out of the exchanges.
So the buyers know they can transfer their BTC, but the sellers money = 

I think that the whole point of Cryptocurrencies, besides optimizing payments and creating a paradigm shift into connectivity and quantification, was to get rid of absurd fiat money system...
So who cares about yuans or dollars? If you and me can settle an agreement on BTCs, and im happy and have a plan to use those BTCs on another project... Bye bye central banks :-)

[zzojar]

Wow, I've been following fiatleak much of the day today, and even when it was nighttime in China, the majority of btc bought was all in China. Now that it is daytime in China, about 99% of all the btc is flowing into China. This kind of makes me nervous thinking about the closure of the Chinese exchanges, because if the Chinese stop buying, then the price might severely plummet.

[wobber]

Wow, I've been following fiatleak much of the day today, and even when it was nighttime in China, the majority of btc bought was all in China. Now that it is daytime in China, about 99% of all the btc is flowing into China. This kind of makes me nervous thinking about the closure of the Chinese exchanges, because if the Chinese stop buying, then the price might severely plummet.

Yes, yes, chinese buy buy buy! Good thing we have this FiatLike site, otherwise we wouldn't be able to see that and have informational advantage.

[johnytelevision]

Every time price is going down someone is buying. Only depends for what price.

People who are buying for low are doing it for good reason