During this whole rally, it is without a doubt that China has been a main factor. The reason China was a main factor was because of China itself. The other exchanges simply followed China's footsteps, and China followed its own mania. Now that China has come to its senses, it sees that the world has been playing China like a fiddle, just like how the USA played China like a fiddle. And forget about all the retarded news coming out that a lot of the maniacs on here are screaming about, "OMG Fidelity Fidelity. OMG Second Market. OMG Wall street Wall street. OMG LAMBO for BTC" Remember something, wall street isn't the guppies, it's you that's the guppy. Wall street is in it to make money, not to follow a fad.
I feel bad for all those that have finally gotten their money onto bitstamp or has finally convinced their family to loan them $2000, because you're too late.
China is going to unleash its rage on bitcoin, just like it has unleashed its rage on the US dollar. And just as fast as it has gone up, down it will go. And no, 2nd market is not going to save bitcoin.
When the chinese maniacs aren't seeing any profits and their wallets getting thinner, there will be mass abandonment. When the euphoria is over, will bitcoin even be remembered?
You honesty believe what you're typing right there , or this is the weekend booze that's doing the talk.
Bitcoin doesn't care about China. And , nobody really gives a damn about China.
They were good for a rush , now they can go and .... themselves. Bitcoin is here to stay.
