November 30, 2024, 02:48:35 AM

Welcome, Guest

News: Latest Bitcoin Core release: 28.0 [Torrent]

Bitcoin Forum>Economy>Economics>Speculation

Pages:

«
1
2
3
4
5
»

Author

Topic: Fucking Chinese! - page 3. (Read 3494 times)

robelneo

legendary

Legendary level

Activity: 3416

Merit: 1225

Enjoy 500% bonus + 70 FS

Quote from: Wendigo on June 13, 2016, 08:38:13 AM

Yeah mate Bitcoin has been acting absolutely crazy the past couple of days. I don't know what's going on but it seems the price hike is due to the Chinese buying up tons of coins but I am really concerned with what will happen to the Bitcoin price when they start selling.
I think a panic sell by the Chinese will create a domino effect that could crash the price back to the $250 realm. I am going to sell when it gets to $1000 because I think this will be the tipping point.

Makes sense the chinese has a huge impact on the price of Bitcoin in the market,first they control the mining industry and now the price if Bitcoin,no wonder they rule industry on almost all countries..

Bitcoinsummoner

hero member

Activity: 1456

Merit: 624

Maintain Social Distance, Stay safe.

The price is increasingly fast and i dont know why its happen but According to a news this is because of chines trading market bitcoin is in demand in the chinese market but not every one are agreed in this explanation.. source http://www.coindesk.com/china-drive-bitcoins-price-2016-highs/

mindrust

legendary

Legendary level

Activity: 3276

Merit: 2442

What kind of title is that? It is racist as fck.

You all will be mad when someone puts a title like "f**king englishes" or "f***ing germans" but you pretend like it is ok to call chinese people f***tards.

rickadone

legendary

Legendary level

Activity: 1176

Merit: 1024

At first look at the title, I thought you were really angry with the Chinese people.

I mean, I initially thought 'why would he hate these Chinese people for raising the value?' but then I looked at the contents and hey, not disappointed.

kik1977

hero member

Activity: 593

Merit: 505

Wherever I may roam

Quote from: c789 on June 13, 2016, 09:50:39 AM

I'm trying to find the source and will post it when I find it, but I read somewhere that one reason the Chinese are into heavy buying is because their government's firewall would cause Chinese miner problems if the block size were to increase. Many anticipate the block size to be increased soon because the blocks are nearing transactional capacity. So, they're buying now while it's relatively easier for them to do so.

EDIT: Here's the article: http://www.nasdaq.com/article/why-the-great-firewall-of-china-is-causing-serious-issues-for-bitcoin-miners-cm585604

I completely agree with Hazir too.

It looks to me that the article says the opposite, i.e. the chinese already have an advantage because, thanks to the firewall, people outside china receive new block with a delay. This delay will become even bigger if the block size is increased. Not so?

ABCbits

legendary

Legendary level

Activity: 2870

Merit: 7490

Crypto Swap Exchange

Quote from: ~Bitcoin~ on June 13, 2016, 11:30:02 AM

I think title should be i love chinese rather than fuc......
Due to this crazy pump all are holding their coin tightly hope to touch 800$ by end of this week.

Maybe he think that the chinise will sell their bitcoin when they got bored with it or find something better than bitcoin.
If that were to happen, bitcoin price would crash and there would be panic sells.

I doubt that would happen though Roll Eyes

Roll Eyes

mayax

legendary

Legendary level

Activity: 1470

Merit: 1004

Quote from: Lucius on June 13, 2016, 10:38:01 AM

The Chinese are buying like crazy,they know that halving is approaching and that this is even more push price up.At some point they will start selling for sure,this is only game for profit and they are very good in that game.How much price will drop after all it is difficult to estimate.

how they can buy like crazy when their banks are not allowed to deal with exchangers? The banking institutions and are banned from engaging in bitcoin business through banking, as well as servicing or doing business with the bitcoin industry. So, how can they buy or sell?

According to the chinesse volumes(if someone is really idiot to think that they are real), we are talking about many millions per day IN and OUT BTC. How is it possible to deal with such amounts through banks while the banks are banned to deal with exchangers?

http://www.bloomberg.com/news/articles/2013-12-05/china-s-pboc-bans-financial-companies-from-bitcoin-transactions

Lauda

legendary

Legendary level

Activity: 2674

Merit: 2965

Terminated.

Quote from: RawDog on June 13, 2016, 10:35:24 AM

Who hates Chinese? The original post says: 'got to love them'.

I have read that, and got the impression that it was sarcasm.

Quote from: RawDog on June 13, 2016, 10:35:24 AM

Only you think negative about Chinese Luada - you thug.

No.

Quote from: philiveyjr on June 13, 2016, 11:28:06 AM

I don't see why would they be responsible for it. Its just market sentiments before halving happens and is probably the reason price is rising.

No. The western exchanges are playing a game of catching-up again.

Quote from: socks435 on June 13, 2016, 11:31:24 AM

I think there's no proof that china involve why this is happening.. just think that more people are knowing bitcoin and bitcoin is indemand..

So why are the Chinese exchanges trading at higher prices than the West? Because the West is leading the rally? Roll Eyes

Roll Eyes

socks435

legendary

Legendary level

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: The Sceptical Chymist on June 13, 2016, 11:00:53 AM

Well, I would thank them for this but if this rally turns out to be counterfeit I'll be pissed. Lol

How do we know this is from China again, exactly? Someone keeps track of this sort of thing?

I think there's no proof that china involve why this is happening.. just think that more people are knowing bitcoin and bitcoin is indemand..

~Bitcoin~

legendary

Legendary level

Activity: 994

Merit: 1000

I think title should be i love chinese rather than fuc......
Due to this crazy pump all are holding their coin tightly hope to touch 800$ by end of this week.

philiveyjr

legendary

Legendary level

Activity: 840

Merit: 1000

I don't see why would they be responsible for it. Its just market sentiments before halving happens and is probably the reason price is rising. The miners could be rising the price however, so as to set a higher price just after halving to still profit from their mining.

AscendancyEight

newbie

Activity: 14

Merit: 0

As of now, a combination of currency flight from the yuan and opportunistic investors looking to pump up the price is causing bitcoin to skyrocket. Chinese demand is really a huge factor Undecided

Undecided

. Anyhow, I feel that it may hit $1000, but anything beyond that may see a crash once the bubble pops. Invest at your own risk Wink

Wink

Kprawn

legendary

Legendary level

Activity: 1904

Merit: 1074

Quote from: RawDog on June 13, 2016, 10:38:22 AM

Quote from: raphma on June 13, 2016, 10:29:29 AM

i just want to sell the top Tongue

Tongue

Bitcoin really needs a correction, it's going only up and up.... i dont want see this when starts to go down.

just remember, is always goes down much faster than it goes up. You might not want to wait much longer. Pretty much sell today or tomorrow. Don't wait too long like you did last time.

Spoken like a real shill troll... Grin

Grin

...He will say anything to push the price of Bitcoin down, just look at his post history to see where he is coming from. Roll Eyes

Roll Eyes

Are you getting scared that you might miss

your next pay cheque, if it goes to $1000 or do you just hate to be a Bitcoin hater, when things looks good for us? Grin

Grin

Grin

Grin

This growth is fueled by the problems in the fiat currencies and the

financial governance behind it. Bitcoin just capitalize on their mistakes. Wink

Wink

helloeverybody

legendary

Legendary level

Activity: 1008

Merit: 1000

★YoBit.Net★ 350+ Coins Exchange & Dice

Does anyone know what exchange china actually uses so you can watch the pumps as they happen? Is this definitly the chinese or could i tbe market manipulation by someone else? Maybe just mass panic buying from all over the world?

The Sceptical Chymist

legendary

Legendary level

Activity: 3528

Merit: 7005

Top Crypto Casino

Well, I would thank them for this but if this rally turns out to be counterfeit I'll be pissed. Lol

How do we know this is from China again, exactly? Someone keeps track of this sort of thing?

RawDog

legendary

Legendary level

Activity: 1596

Merit: 1026

Quote from: sbtctalk on June 13, 2016, 10:42:38 AM

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more.

lost $30 in the last hour! Maybe the correction is beginning?! Sell!

AsdQ89

newbie

Activity: 57

Merit: 0

Quote from: sbtctalk on June 13, 2016, 10:42:38 AM

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more.

Some have speculated that it will drop down to about 200$, when would you suggest to start buying again?

/AsdQ89

sbtctalk

sr. member

Activity: 266

Merit: 250

My wishful thinking here - I agree that once price hits a certain threshold, it's advisable to get rid of the coins before panic selling occurs. When price crashes, time to buy in more.

RawDog

legendary

Legendary level

Activity: 1596

Merit: 1026

Quote from: raphma on June 13, 2016, 10:29:29 AM

i just want to sell the top Tongue

Tongue

Bitcoin really needs a correction, it's going only up and up.... i dont want see this when starts to go down.

just remember, is always goes down much faster than it goes up. You might not want to wait much longer. Pretty much sell today or tomorrow. Don't wait too long like you did last time.

Lucius

legendary

Legendary level

Activity: 3234

Merit: 5637

Blackjack.fun-Free Raffle-Join&Win $50🎲

The Chinese are buying like crazy,they know that halving is approaching and that this is even more push price up.At some point they will start selling for sure,this is only game for profit and they are very good in that game.How much price will drop after all it is difficult to estimate.

Pages:

«
1
2
3
4
5
»

Bitcoin Forum>Economy>Economics>Speculation

Jump to: