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Topic: Buy Bitcoin before it goes up! This is huge news! Pin! Chinese rushing to buy - page 3. (Read 6906 times)

hero member
Activity: 546
Merit: 500
hm

Holding always work; you buy and you hold : it's easy and you will probably have the most profit

EDIT 460$!

How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450?

I think it always makes sense to sell 10%-20% of your stack after every quick 50% rise. You might missing some profits but you might missing losses, too...
full member
Activity: 215
Merit: 100

Holding always work; you buy and you hold : it's easy and you will probably have the most profit

EDIT 460$!

How can you say that after four months of declines that have reduced the price of a BTC from $1,200 to about $450?

member
Activity: 84
Merit: 10
Well someone, thanks to china, can buy a lot of cheap coins. I wonder if this false report that is connected to this people.
You can buy them cheap coins too if you like.
member
Activity: 112
Merit: 10
Cryptocurrencies Exchange
Well someone, thanks to china, can buy a lot of cheap coins. I wonder if this false report that is connected to this people.
full member
Activity: 532
Merit: 100
PrimeDAO - An Adoption Engine for Open Finance
So BTC-e trades CYN...yay lol

No only CNH which is useless for Chinese mainland investors
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
So BTC-e trades CYN...yay lol
sr. member
Activity: 280
Merit: 250
No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin.

I don't have time to explain China's exchange control system. Read this.

from what i read, CNH is free from beijing control, right
and in huobi, what currency that chinese ppl use? CNH or CNY?
hero member
Activity: 658
Merit: 500
No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin.

I don't have time to explain China's exchange control system. Read this.

Its still better than nothing.

Hongkong is still a hub for many money transferring services to mainlanders due to import/export industry.

legendary
Activity: 1204
Merit: 1002
No, BTC-e is accepting only offshore yuan (CNH), not domestic yuan (CNY). If you have CNH, you're already past China's exchange controls and don't need Bitcoin.

I don't have time to explain China's exchange control system. Read this.
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
China doesn't matter that much in either direction.
Look at the news about Denmark, if you don't know already.
full member
Activity: 181
Merit: 100
Better don't say if you don't know!
This is gonna boost bitcoin price again, hope to get some good media attention.. Wink)
#hold
#speculation
legendary
Activity: 1708
Merit: 1036
Well that didn't last long....
legendary
Activity: 1918
Merit: 1018
Price is up ~$30 today, either it's a natural rebound or something is indeed up. If those threads claiming big buys in China are for real, looks like we have the start of a bull market. Good timing too, there's been quite a dour atmosphere around here lately.

Let's not get to excited, shall we? 24h ago the price was 484USD and it is 468USD now on btc-e and it was only a few dollars more when you posted

Everyone is waiting for a huge bull market after this crash so we should have a huge bull market

Yes i am also sensing slow recovery. When i went for sleep i thought price will further drop to $400. But after wake up i saw price increased little bit. My advice is don't panic and hold your BTC.

Holding always work; you buy and you hold : it's easy and you will probably have the most profit

EDIT 460$!
sr. member
Activity: 252
Merit: 250
BTC-e is located in bulgaria

they are going to accept RMB (yuan)

i guess people are thinking they can bypass chinese exchanges if china bans bitcoin in china
sr. member
Activity: 448
Merit: 250
Bitcoin super-duper-mega-ultra-hyper-node
Looks like this news is nudging the price upwards.
legendary
Activity: 1708
Merit: 1036
Price is up ~$30 today, either it's a natural rebound or something is indeed up. If those threads claiming big buys in China are for real, looks like we have the start of a bull market. Good timing too, there's been quite a dour atmosphere around here lately.
legendary
Activity: 1456
Merit: 1001
This is the land of wolves now & you're not a wolf
With all of the negative news lately, potential new investors may be slightly more hesitant to put money in the market in comparison to where we were at a few months back (despite prices being much less)
member
Activity: 70
Merit: 10
Yes i am also sensing slow recovery. When i went for sleep i thought price will further drop to $400. But after wake up i saw price increased little bit. My advice is don't panic and hold your BTC.
hero member
Activity: 756
Merit: 506
http://newsbtc.com/2014/03/30/btc-e-adds-chinese-offshore-yuan-trading/

BTC-E is going to accept Yaun as payment.


http://fiatleak.com/

Chinese have found out about this news and they're currently buying BTC in droves before the price goes back up.
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