China upcoming Lunar New Year. They will dump.
But will buy them back after the Lunar new year, too.
The world isn't driven by China, you know.
Topic: Here we go, china dumping massively (Read 4026 times)
But will buy them back after the Lunar new year, too.
The world isn't driven by China, you know.
These questions have also kept me awake an hour or so after my bed time, there does seem to be stupid amount of dumps coming from china, now the question i ask is
- A, Large amount of mining in china and they don't like to hold.
- B, As you have noticed it's the exchanges manipulating the price to accumulate stupid amounts of coin.
- C, Whales just like playing around and are the ones manipulating the price for obvious reasons.
I edge towards A and C because how long would it take for the exchanges to accumulate the desired amount of coin?
On the bright side if it is the exchanges or whales when they have what they want the price will more than likely rocket, so for me it's just the case of holding tight and not panic to whatever happens!
I would rather 0 than give up and see it rocket with sh*t heads taking my profit.
- A, Large amount of mining in china and they don't like to hold.
- B, As you have noticed it's the exchanges manipulating the price to accumulate stupid amounts of coin.
- C, Whales just like playing around and are the ones manipulating the price for obvious reasons.
I edge towards A and C because how long would it take for the exchanges to accumulate the desired amount of coin?
On the bright side if it is the exchanges or whales when they have what they want the price will more than likely rocket, so for me it's just the case of holding tight and not panic to whatever happens!
I would rather 0 than give up and see it rocket with sh*t heads taking my profit.
I think the amounts being traded dwarf the amounts being mined, but it would be good to see some analysis. I'm not sure about C, where did the whales come from if the miners are dumping, your A.
I keep coming back to B, are many of the exchanges still not charging fees? If so, how are they paying their expenses. My second question though is if it is B, what happens to the price if there is a run on the exchanges and they can't give everyone their coins. Does the price go up as the exchange tries to meet demand or does it go down as people lose a little more confidence in bitcoin?
China upcoming Lunar New Year. They will dump.
But will buy them back after the Lunar new year, too.
The world isn't driven by China, you know.
China upcoming Lunar New Year. They will dump.
But will buy them back after the Lunar new year, too.
Isn't it common knowledge that the exchanges, especially the non-USA ones, trade fake coins and fake volume to manipulate the price?
I have no proof, just heard one too many trusted member say as much. Plus it would not surprise me. Wherever money can be made through shady means, there are ample shady players willing to jump in.
Everyone hates regulation, but I hate bullshit manipulators worse.
I have no proof, just heard one too many trusted member say as much. Plus it would not surprise me. Wherever money can be made through shady means, there are ample shady players willing to jump in.
Everyone hates regulation, but I hate bullshit manipulators worse.
This has been my assumption for awhile. While it was not confirmed, there was a blog post about it. Of course, there are blog posts that aliens have a base on the moon. But this theory does seem consistent with the relentless selling pressure.
Good Luck!
These questions have also kept me awake an hour or so after my bed time, there does seem to be stupid amount of dumps coming from china, now the question i ask is
- A, Large amount of mining in china and they don't like to hold.
- B, As you have noticed it's the exchanges manipulating the price to accumulate stupid amounts of coin.
- C, Whales just like playing around and are the ones manipulating the price for obvious reasons.
I edge towards A and C because how long would it take for the exchanges to accumulate the desired amount of coin?
On the bright side if it is the exchanges or whales when they have what they want the price will more than likely rocket, so for me it's just the case of holding tight and not panic to whatever happens!
I would rather 0 than give up and see it rocket with sh*t heads taking my profit.
Isn't it common knowledge that the exchanges, especially the non-USA ones, trade fake coins and fake volume to manipulate the price?
I have no proof, just heard one too many trusted member say as much. Plus it would not surprise me. Wherever money can be made through shady means, there are ample shady players willing to jump in.
Everyone hates regulation, but I hate bullshit manipulators worse.
I have no proof, just heard one too many trusted member say as much. Plus it would not surprise me. Wherever money can be made through shady means, there are ample shady players willing to jump in.
Everyone hates regulation, but I hate bullshit manipulators worse.
This has been my assumption for awhile. While it was not confirmed, there was a blog post about it. Of course, there are blog posts that aliens have a base on the moon. But this theory does seem consistent with the relentless selling pressure.
Good Luck!
why do people hate manipulators? This is the free market.
Hate is a strong word! I'd say I was more amused than anything
why do people hate manipulators? This is the free market.
Price falling below 200 within the hour.
China is dumping massive amounts.
China is dumping massive amounts.
... why are you here?
To short and make huge profits...
Shorting is dumb. That's a quick way to lose money. Buying and holding long term is the best strategy, unless you know how to day trade. You'll get burned if you try to time the market.
Well even today's dump wasn't that massive and we're still above $200. I've got to admit that we could go below $200 any day now, yeah. But we could also make a surprise-breakout. I think I don't have the nerves to short the current market. Do you guys, really?
FUD alert!
You are saying there will be a dump.
But the thread next to this one say there will be a pump. Hhmmm wtf
But the thread next to this one say there will be a pump. Hhmmm wtf
There is no source. It's just the bears' typical bullshit.
It's unclear where they got their info. Here's an interesting look at the state of affairs: http://bitcoinity.org/markets/btcchina/CNY
No matter which country dumps , it is always a buying opportunity . Btw what's the source of info ?
I call bullshit. There will be no massive dump from China.
Just wait and see, I will be.
I love the excellent grammar
I call bullshit. There will be no massive dump from China.
Just wait and see, I will be.
I call bullshit. There will be no massive dump from China.
We just had a small taste of China.
Prepare for more soon.
Prepare for more soon.
No matter which country dumps , it is always a buying opportunity . Btw what's the source of info ?
I think the real test has not happened yet (maybe never will) If exchange rate stayed below $100 for extended amount of time, profit-seeking mining farms will be squeezed out one by one, daily generated coins will flow back to bitcoin enthusiasts who are willing to pay more than electricity to get the coin (mining for fun)
Dream on. There are still people willing to pay over $200 and there will be even more of them just waiting to buy at $150 and so on. Sub $100 is not happening unless Bitcoin fails or becomes suppressed by the governments.Under $ 100 dollar , hmm maybe it will never happen ( but none of us have the certainty, it is only a question of speculation).
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