Author

Topic: [2014-04-12] Chinese Investors Divorce Bitcoin, Threshold Value Breached (Read 832 times)

legendary
Activity: 3766
Merit: 1217
If this were true then the Chinese have a buy high and sell low mentality. That sounds promising.

Hopefully they will realize their folly once BTC crosses the $1,000 mark again. But if the Chinese gave up their bitcoin holdings for the fear of arrests or lawsuits, then not much can be expected in future.
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
This image is kinda funny Wink

Every action is going to have its own logo now hehe
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
If this were true then the Chinese have a buy high and sell low mentality. That sounds promising.

That mentality exists in many countries.  Smiley
member
Activity: 84
Merit: 10
If this were true then the Chinese have a buy high and sell low mentality. That sounds promising.
legendary
Activity: 3766
Merit: 1217
How did he come to this conclusion? A dip below $400 means Chinese will never buy bitcoin again?

The author is just looking for some silly excuse to tarnish Bitcoin. Before the China boom, the Bitcoin was trading at $300-400 levels. Did that prevented any Chinese from buying it?
hero member
Activity: 672
Merit: 500
Quote
One bitcoin was worth just $391.05 this morning, as a sell-off by Chinese investors nudged it below the $400 threshold

How did he come to this conclusion? A dip below $400 means Chinese will never buy bitcoin again?
legendary
Activity: 4214
Merit: 1313
One bitcoin was "worth just $391.05". 

LOL, "just"Huh??  Do they have no perspective on the last 5 years?

legendary
Activity: 3766
Merit: 1217
Threshold value? There is no threshold value. Some biased journalists would use anything to attack Bitcoin, without caring how much silly their arguments might seem to others.
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