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Topic: Here we go, china dumping massively - page 2. (Read 4020 times)

sr. member
Activity: 462
Merit: 251
February 05, 2015, 04:47:12 AM
#26
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.
legendary
Activity: 1988
Merit: 1012
Beyond Imagination
February 05, 2015, 02:27:29 AM
#25
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)
hero member
Activity: 490
Merit: 500
February 05, 2015, 02:19:59 AM
#24
the more people, the more power, it's just like as I said no financial derivatives, no trading volume , and the result is your said.
legendary
Activity: 1456
Merit: 1010
Ad maiora!
February 05, 2015, 01:06:22 AM
#23
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.
legendary
Activity: 1106
Merit: 1005
February 04, 2015, 08:06:43 PM
#22
trend reversal long overdue

To more overdue it is, the more explosive it will be.

December 2013 will be nothing compared to the next rally, whenever it will come.

We may even see a double rally again. Something along the lines of a rally to $3000, a crash to $800 immediately followed by another rally to $12000 and a crash to $4000

Not saying it will happen, but I would not count out the possibility. It has done so before it could do so again.
legendary
Activity: 1778
Merit: 1043
#Free market
February 04, 2015, 01:46:51 PM
#21
Thanks China ! We can buy some cheap bitcoin, is it a positive thing or not ?
legendary
Activity: 1218
Merit: 1000
February 04, 2015, 01:45:42 PM
#20
trend reversal long overdue
legendary
Activity: 868
Merit: 1006
February 04, 2015, 01:39:14 PM
#19
China hasn't been buying for a year, those who wants to dump have done so and they have no more coins to dump.
Im sure there are tons of chinese that were holding and even owned mining equipement that will eventually dump. China is huge.
hero member
Activity: 672
Merit: 500
February 04, 2015, 12:20:39 PM
#18
China hasn't been buying for a year, those who wants to dump have done so and they have no more coins to dump.
sr. member
Activity: 384
Merit: 250
February 04, 2015, 11:48:31 AM
#17
You are saying there will be a dump.

But the thread next to this one say there will be a pump. Hhmmm wtf
legendary
Activity: 1092
Merit: 1000
February 04, 2015, 11:47:50 AM
#16
Price falling below 200 within the hour.
China is dumping massive amounts.



'chines panic' flash dumps .
legendary
Activity: 3248
Merit: 1070
February 04, 2015, 11:27:57 AM
#15
why dumping now, they could have dump before when the price was better, seems stupid
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
February 04, 2015, 11:23:01 AM
#14
Price falling below 200 within the hour.
China is dumping massive amounts.

BTC is above $220 and the hourly chart looks like a great time to Buy!
b!z
legendary
Activity: 1582
Merit: 1010
February 04, 2015, 11:20:08 AM
#13
This is pathetic, Bitcoin drops with a whopping $8 and the troll(s) are comming from there cave screaming fire!

Weak minds, weak hands :^)
hero member
Activity: 811
Merit: 1000
Web Developer
February 04, 2015, 10:30:40 AM
#12
This is pathetic, Bitcoin drops with a whopping $8 and the troll(s) are comming from there cave screaming fire!

The problems we face when children can buy bitcoin. Smiley Just see it as fresh meat.
legendary
Activity: 3512
Merit: 4557
February 04, 2015, 09:55:45 AM
#11
This is pathetic, Bitcoin drops with a whopping $8 and the troll(s) are comming from there cave screaming fire!
legendary
Activity: 2170
Merit: 1427
February 04, 2015, 09:50:18 AM
#10
Price falling below 200 within the hour.
China is dumping massive amounts.

I thought that you as Legendary member would know better....?

Nothing special happened, not sure what you're talking about.
sr. member
Activity: 384
Merit: 250
February 04, 2015, 09:47:27 AM
#9
Any evidence?
newbie
Activity: 11
Merit: 0
February 04, 2015, 09:34:16 AM
#8
I cant see it, are you sure?
legendary
Activity: 1148
Merit: 1006
Black Panther
February 04, 2015, 09:26:24 AM
#7
China upcoming Lunar New Year. They will dump.

Will pump up after the event

So, another big dump & panic sells will happen soon ?
Looks like there will be a little dump Roll Eyes

https://bitcoinwisdom.com/markets/okcoin/btccny

Just stable on $ 225  Sad
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