China buying alot bitcoins? - page 3.

porcupine87

hero member

Activity: 546

Merit: 500

hm

Quote from: lukaszpp on February 25, 2014, 06:12:56 AM

https://bitcointalksearch.org/topic/crazy-chineese-486411

Told it. Big market, great opportunity. But wait until China goes asleep and US wakes up, then will be the true test.

There is no correlation between the price jump or fall and some part of the earth "is waking up".

Richard Branson

hero member

Activity: 515

Merit: 506

Screw It, Let's Do It

FiatLeak =! BTC bought with fiat

It's just trading volume.
No fees -> big numbers without new fiat

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Quote from: Armis on February 25, 2014, 06:04:01 AM

Quote from: GigaCoin on February 25, 2014, 06:00:32 AM

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 Cheesy

I too slept through the $400's, oh well I got some at $509 was very pleased until I heard someone got a lot at $463

as for china, they have the biggest market, and biggest exchange, it's no wonder they would buy the most, sell the most, and anything else about bitcoin the most.

You're not alone, the same happened to me too. The earliest i was able to buy was at $475, atleast i'm glad i got something out of the dip Cheesy

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

Quote from: porcupine87 on February 25, 2014, 06:11:29 AM

Are this volume numbers on huobi real or fake? I cannot really believe why China is buying 100times more than the US. Huobi has an average volume of 200 000btc the last 5 days, stamp has only 40 000, btc-e 25 000

they have been caught red handed faking volumes before, so who knows. It's really frustrating though as fake volume creates permanent damage in the market and only creates wealth for those manipulating it.

lukaszpp

newbie

Activity: 18

Merit: 0

https://bitcointalksearch.org/topic/crazy-chineese-486411

Told it. Big market, great opportunity. But wait until China goes asleep and US wakes up, then will be the true test.

But yes, stupid Europeans are selling and wise Chinese are buying (probably hoping to go back to 1200$)

ahmedjadoon

legendary

Activity: 1414

Merit: 1000

It regained its price from 472 to 512 shortly according to Preev.A good improvement

porcupine87

hero member

Activity: 546

Merit: 500

hm

Are this volume numbers on huobi real or fake? I cannot really believe why China is buying 100times more than the US. Huobi has an average volume of 200 000btc the last 5 days, stamp has only 40 000, btc-e 25 000

Armis

hero member

Activity: 588

Merit: 501

Quote from: GigaCoin on February 25, 2014, 06:00:32 AM

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 Cheesy

I too slept through the $400's, oh well I got some at $509 was very pleased until I heard someone got a lot at $463

as for china, they have the biggest market, and biggest exchange, it's no wonder they would buy the most, sell the most, and anything else about bitcoin the most.

GigaCoin

sr. member

Activity: 308

Merit: 251

Giga

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 Cheesy

escrow.ms

legendary

Activity: 1274

Merit: 1004

http://fiatleak.com/

What's going on? Shocked

Topic: China buying alot bitcoins? - page 3. (Read 2913 times)