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Topic: Fucking Chinese! - page 4. (Read 3494 times)

RawDog

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Quote from: Lauda on June 13, 2016, 10:12:47 AM

Quote from: btc_zero_sum on June 13, 2016, 08:54:15 AM

chinese miners are pumping btc to keep it profitable to mine a little longer and cash out before the halving

No. The Chinese investors are going into Bitcoin to escape Yuan, not to convert back after the price has reached X amount. Obviously, this isn't a stable rise and a correction is expected, but everyone is being hyperbolic about it.

This thread is pointless and possibly in the wrong section. Why do you hate the Chinese? Are you a Trump supporter?

Who hates Chinese? The original post says: 'got to love them'. Trump loves Chinese. He loves money and Chinese loves money too. Trump fucking totally loves Chinese. Only you think negative about Chinese Luada - you thug.

electronicash

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Quote from: AsdQ89 on June 13, 2016, 10:19:58 AM

Are the chinese the primary reason for the crazy price increase for Bitcoin over the last couple of days?
've been loving how all market items sat in US$ have dropped to half the price in Bitcoin over the last week or so.

/AsdQ

it skyrocket and its not even halving yet which is scary.
But yeah the China men are the reason why sudden price hike. They're buying bitcoins hoping for the profit when halving comes. they're hurrying things up.

AsdQ89

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Quote from: c789 on June 13, 2016, 10:27:26 AM

Quote from: AsdQ89 on June 13, 2016, 10:19:58 AM

Are the chinese the primary reason for the crazy price increase for Bitcoin over the last couple of days?

I've been loving how all market items sat in US$ have dropped to half the price in Bitcoin over the last week or so.

/AsdQ

That's one reason. See my earlier post, and Hazir's.

Regarding Hazir's post, the US economy has far too much smoke and mirrors. Almost 1/3 of working-age people are not in the workforce. Most new jobs that are so proudly announced in the press are actually part-time and low paying but the press leaves that part out. The government stops counting you as unemployed if you've been unemployed for greater than 6 months (or maybe it's one year). The national debt is staggering and keeps getting larger. Everything I've said can be verified by searching, and this info comes from the govt sites and not some random yahoo trolling the web. The stock markets are largely overinflated, and many people know this, but continue acting as if all is good. It's quite precarious, and it's not just the US economy. Many other high-GDP countries are in the same boat.

Damn. I mean, I knew US have had a shitty economy ever since the Bush presidency, but I didn't know it was that bad. Do you think a crash of the US stock market would raise or lower the overall Bitcoin prices?

/AsdQ

raphma

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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.

FabioDelcatto

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Yes this is crazy they are buying like crazy animals these days, for a part its good but it also can be bad of course.
I hope this will unwrap good, go Chinese go!

c789

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Quote from: AsdQ89 on June 13, 2016, 10:19:58 AM

Are the chinese the primary reason for the crazy price increase for Bitcoin over the last couple of days?

I've been loving how all market items sat in US$ have dropped to half the price in Bitcoin over the last week or so.

/AsdQ

That's one reason. See my earlier post, and Hazir's.

Regarding Hazir's post, the US economy has far too much smoke and mirrors. Almost 1/3 of working-age people are not in the workforce. Most new jobs that are so proudly announced in the press are actually part-time and low paying but the press leaves that part out. The government stops counting you as unemployed if you've been unemployed for greater than 6 months (or maybe it's one year). The national debt is staggering and keeps getting larger. Everything I've said can be verified by searching, and this info comes from the govt sites and not some random yahoo trolling the web. The stock markets are largely overinflated, and many people know this, but continue acting as if all is good. It's quite precarious, and it's not just the US economy. Many other high-GDP countries are in the same boat.

philipma1957

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'The right to privacy matters'

Some simple advice sell 20% of your coins today

Quote from: philipma1957 on June 13, 2016, 10:15:07 AM

Quote from: notlist3d on June 13, 2016, 09:16:19 AM

Quote from: philipma1957 on June 13, 2016, 08:43:35 AM

Taking profits on btc is very difficult. The method above or something like it allows for you to be partly correct no matter what happens.

This is very true I kinda find it hard to part with my BTC unless it is for miners, or I do pull out electricity from it. I figure worst comes to worst I am not out electricity which adds up. I cash it out once a month for it.

But I like to hold I have sold some coins over time here and there for something fun. But I enjoy holding I find it hard to pick a target to sell at. But with around a month till having I predict I don't sell much. And I could look like a idiot in two months but time will tell.

well you can sell 20% of them and hodl the rest. thus insuring that you can not be completely wrong.

you would be either 20% wrong- 80% correct or 80% wrong -20% correct.

which is better then 100% wrong 0% correct.

I am 59 I have been around long enough to know doing the 20/80 or 80/20 move is better then the 100/0 or 0/100 move.

AsdQ89

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Are the chinese the primary reason for the crazy price increase for Bitcoin over the last couple of days?

I've been loving how all market items sat in US$ have dropped to half the price in Bitcoin over the last week or so.

/AsdQ

electronicash

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Quote from: Jeremycoin on June 13, 2016, 08:42:13 AM

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.

Are you sure about that, $1000 is the best price to sell? Do you think it won't goes even higher?

I'm even afraid to go to sleep i don't wanna miss it when they start selling. it might just plummet down to $200 lol would it?

I'm gonna kill myself if this suddenly happen over night. Grin

Grin

Lauda

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Terminated.

Quote from: btc_zero_sum on June 13, 2016, 08:54:15 AM

chinese miners are pumping btc to keep it profitable to mine a little longer and cash out before the halving

No. The Chinese investors are going into Bitcoin to escape Yuan, not to convert back after the price has reached X amount. Obviously, this isn't a stable rise and a correction is expected, but everyone is being hyperbolic about it.

This thread is pointless and possibly in the wrong section. Why do you hate the Chinese? Are you a Trump supporter?

DeathAngel

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Quote from: phreaky on June 13, 2016, 09:04:37 AM

Quote from: Paashaas on June 13, 2016, 08:56:30 AM

The Chinees are buying coins to escape the Yuan, they want to hold and secure there wealth.

The Chinees are messing up everything to secure there own well being. I hope that some kind of solution is coming for this because it is not the way I want it to go.

They're making the price of bitcoin go up, how is that a bad thing? It's fantastic, unless you don't own any bitcoin's.

hellomolly

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Wow bitcoin going up so high, I can't wait for it go go back to the good old days of $1000

RawDog

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Quote from: X-ray on June 13, 2016, 10:01:00 AM

chinese always use possible way to earn money as much as they can,i've seen people there even selling uncommon thing just for money
bitcoin is one of them!

Yeah, and the scrotum of a white tiger is another.

X-ray

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Leading Crypto Sports Betting & Casino Platform

chinese always use possible way to earn money as much as they can,i've seen people there even selling uncommon thing just for money
bitcoin is one of them!

c789

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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.

Ardenyham

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Quote from: Jeremycoin on June 13, 2016, 08:42:13 AM

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.

Are you sure about that, $1000 is the best price to sell? Do you think it won't goes even higher?

After seeing bitcoin price keep increasing constantly I'm pretty sure that bitcoin will cross 1000$ at the time of halving. it may reach 2000$. but Yes, The Crazy Chinese are playing a big act with bitcoin. if they decide to sell their coins Immediately before halving. and sell all their coins. then the bitcoin price will may not even reach 800$ or may be it will get down.
but I don't think china Industry will do such stupid thing.

Hazir

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The story behind bitcoin's latest price surge is, as I managed to find out - is most likely a combination of these events:

1. Chinese speculators and depositors are buying BTC either to invest in it, or to transfer it over the border and then sell.
2. Anticipation of incoming halving is additional factor.
3. USA market is living in anticipation about negative remarks from the FOMC statement.
3b. Also latest US jobs report was a huge disappointment - US investors are anticipating dollar crash because of that.

mayax

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Quote from: btc_zero_sum on June 13, 2016, 08:54:15 AM

chinese miners are pumping btc to keep it profitable to mine a little longer and cash out before the halving

great point. someone realize that this is a price manipulation which has started from chinesse exchangers. fake volumes, fake companies, even their shit is fake in China LOL

Amph

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Quote from: Paashaas on June 13, 2016, 08:56:30 AM

The Chinees are buying coins to escape the Yuan, they want to hold and secure there wealth.

if they are really doing this massively, then prepare for 10k in a short time, also add tot he fact that more panic buy will join the party from all around the world, and you have a very big marketcap coming

phreaky

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Quote from: Paashaas on June 13, 2016, 08:56:30 AM

The Chinees are buying coins to escape the Yuan, they want to hold and secure there wealth.

The Chinees are messing up everything to secure there own well being. I hope that some kind of solution is coming for this because it is not the way I want it to go.

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