but, why the price go down when china buying bitcoins like crazy ?
Because that site only shows the buys, not the sells. 500 BTC of buys, 1500 BTC of sells.
but it is still 1000BTC more sold that bought.
Topic: China buying alot bitcoins? - page 2. (Read 2913 times)
but it is still 1000BTC more sold that bought.
but, why the price go down when china buying bitcoins like crazy ?
Because that site only shows the buys, not the sells. 500 BTC of buys, 1500 BTC of sells. but, why the price go down when china buying bitcoins like crazy ?
Because that site only shows the buys, not the sells. 500 BTC of buys, 1500 BTC of sells.
but, why the price go down when china buying bitcoins like crazy ?
Dead cat bounce. We still have a way to go. It'll take a few months for the price to move up into the 700 and 800's. The only bullish indicator right now is that a lot of folks who thought they owned real bitcoins on MtGox are realizing that they will never take possession of them. Hopefully they still have some fiat left to buy up cheap coins elsewhere. Eventually the market will adjust to the fact that anywhere between 100K-700K goxcoins don't exist, and move upwards.
its like hundreds bitcoins in few second 
anyone selling now is insane.
already $470
Pigs bought at $500+ are bleeding
Pigs bought at $500+ are bleeding
It came up as roughly 100 BTC per minute over 5 minutes for me. Pretty misleading, seeing as in that 5 minutes, 1500-2000 BTC get traded on huobi.
Price lowered again to 490.
china is accustomed to fraud and charlatans like MtGox, so they're just shrugging this whole thing off and buying cheap coins while they can.
Mtgox is based in japan I think, not China. 
Panic Buy!
They are buying bitcoins in HUGE numbers, really interesting haven't expected this to happen. Which also explains the quick price recovery from $400. When people wake up they won't be happy about missing out on the dip 
Giga you are pretty much always right but this time i think you are wrong we will see $200 THIS WEEK.
GET READY YOU PIGS !
Gox Died, why do people ignore that fact ?
Fiat leak is pretty useless as an indicator of how popular bitcoin is, or where the money is going. It only shows money to bitcoin trades and nothing the other way. It's like me declaring I have an extremely successful company by reporting only when people buy my shares while totally ignoring all the sells.
Fiat leak also doesn't differentiate between new money coming into the exchange and buying bitcoin -> money -> bitcoin transfers, over and over again.
Fiat leak also doesn't differentiate between new money coming into the exchange and buying bitcoin -> money -> bitcoin transfers, over and over again.
They are buying bitcoins in HUGE numbers, really interesting haven't expected this to happen. Which also explains the quick price recovery from $400. When people wake up they won't be happy about missing out on the dip
or it could be a pump. now let's wait if there's a dump.
check out the hourly chart and watch out for sideways action and a fade in volume. then wait.
i'm not worried if this is a pump, i like to buy small portions that way i always have some fiat ready for my next dip. Besides i don't see us skyrocketing upwards now, i think we go sideways for a while after this is all over.
i agree. the funny thing is when it goes sideways, no one knows where it'll go next.
unlike before, all people had to do was buy it up and everyone will follow. not the case lately. some other group is making money out of the pumpers. it got predictable.
They are buying bitcoins in HUGE numbers, really interesting haven't expected this to happen. Which also explains the quick price recovery from $400. When people wake up they won't be happy about missing out on the dip
or it could be a pump. now let's wait if there's a dump.
check out the hourly chart and watch out for sideways action and a fade in volume. then wait.
i'm not worried if this is a pump, i like to buy small portions that way i always have some fiat ready for my next dip. Besides i don't see us skyrocketing upwards now, i think we go sideways for a while after this is all over.
china is accustomed to fraud and charlatans like MtGox, so they're just shrugging this whole thing off and buying cheap coins while they can.
or they could be playing the market.
That fiatleak is total b.s, probably invented by max keiser so he can point at something and say BUY NOW $800 THIS WEEK
Look at volume on bitstamp + btc-e.
Neither even register on fiatleak
Look at volume on bitstamp + btc-e.
Neither even register on fiatleak
+1
Max is one of this guys who always praised the Chinese, because their goverment embraces Bitcoin and the US will be the last which allows Bitcoin. As it turns out it is the other way around...
china is accustomed to fraud and charlatans like MtGox, so they're just shrugging this whole thing off and buying cheap coins while they can.
That fiatleak is total b.s, probably invented by max keiser so he can point at something and say BUY NOW $800 THIS WEEK
Look at volume on bitstamp + btc-e.
Neither even register on fiatleak
Look at volume on bitstamp + btc-e.
Neither even register on fiatleak
They are buying bitcoins in HUGE numbers, really interesting haven't expected this to happen. Which also explains the quick price recovery from $400. When people wake up they won't be happy about missing out on the dip
or it could be a pump. now let's wait if there's a dump.
check out the hourly chart and watch out for sideways action and a fade in volume. then wait.
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