Author

Topic: Is china going heavy into buying all the sudden? (Read 1294 times)

sr. member
Activity: 308
Merit: 251
Giga
December 13, 2013, 02:36:28 PM
#11
Just curious... I just found out about the site called fiatleak. It looks like tons of volume is going on in china but maybe I am not seeing things right. Is this how it normally looks in china? Is it normal?

Yeah they've overrun the States in terms of buying volume, the current price seems to be heavily dependent on china, once bitcoin spreads more around the world that dependance should balance out.
legendary
Activity: 1666
Merit: 1057
Marketing manager - GO MP
fiatleak is junk -- it is very misleading. no data to support the conclusions people extract from it.

Welcome to life.  Misleading is the name of the game in marketing.  However, it is still a useful tool.  But like any tool, you have to figure out what it means and how to use it, not just take it for face value.

While no idea is perfect, some ideas are awful.
legendary
Activity: 1904
Merit: 1002
fiatleak is junk -- it is very misleading. no data to support the conclusions people extract from it.

Welcome to life.  Misleading is the name of the game in marketing.  However, it is still a useful tool.  But like any tool, you have to figure out what it means and how to use it, not just take it for face value.
sr. member
Activity: 266
Merit: 250
fiatleak is junk -- it is very misleading. no data to support the conclusions people extract from it.
hero member
Activity: 644
Merit: 500
*****
Juhu, Fiatleak wurde exhumiert:  Smiley

http://fiatleak.dyndns.org/
hero member
Activity: 505
Merit: 500
He meant:  http://fiatleak.com/   Check it  and figure out .
legendary
Activity: 1218
Merit: 1003
Yes I am.  I have little insight on what the Chinese government will be saying next Friday!
sr. member
Activity: 280
Merit: 250
wait wut? Is there gonna be another gov statement ? which ? pls tell me more.

I think he is talking about the Friday which just past.
member
Activity: 70
Merit: 10
umad?
wait wut? Is there gonna be another gov statement ? which ? pls tell me more.
legendary
Activity: 1218
Merit: 1003
Yes, or at least for the last month anyway.
The fear is that this buying will be reduced after Friday's government statement.
sr. member
Activity: 294
Merit: 250
Just curious... I just found out about the site called fiatleak. It looks like tons of volume is going on in china but maybe I am not seeing things right. Is this how it normally looks in china? Is it normal?
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