Topic: US freaks out on MT. Gox meanwhile China hoards all the coins.... (Read 4484 times)
February 25, 2014, 02:22:11 PM
interesting. thanks for that.
February 25, 2014, 02:14:29 PM
This is a positive thing, let them buy it all up.
February 25, 2014, 02:04:51 PM
So I just read a tweet from max keiser;
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
...
thoughts?
There is a new sucker born every second, and many of them seems to live in China. "Chinese buying 500 BTC/minute: http://fiatleak.com/ "
...
thoughts?
February 25, 2014, 02:04:24 PM
Maybe because most people in the US are sleeping now, while China is awake.
It was like that last night too.
February 25, 2014, 02:03:08 PM
Maybe because most people in the US are sleeping now, while China is awake.
no..
i waching right now... China sleeping now, US is awake... and most of BTC go to China... interesting.. i think that is good stuf for BTC... bright future of Bitcoin will come soon...
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
February 25, 2014, 01:56:32 PM
Yes, that is Magic The Gathering (Online Exchange) card!
The hoarding card indeed, defeat it and I wonder what rare item it gives out XD
February 25, 2014, 11:51:36 AM
Yes, that is Magic The Gathering (Online Exchange) card!
February 25, 2014, 11:35:03 AM
Wow, crazy map lol. China pumping again?
February 25, 2014, 10:52:11 AM
can someone post the volumes for the china exchanges?
In the short periode of time where I followed fiatleak, I saw like 20k BTC in something like 1hr or so, Insane!
I saw over 9000 in one minute on a completelymadeupsite.com
February 25, 2014, 10:50:01 AM
can someone post the volumes for the china exchanges?
In the short periode of time where I followed fiatleak, I saw like 20k BTC in something like 1hr or so, Insane!
February 25, 2014, 09:05:16 AM
Viva La China!
February 25, 2014, 09:01:14 AM
can someone post the volumes for the china exchanges?
February 25, 2014, 09:00:37 AM
...
China seems to be hoarding everything but FIAT I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.
I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.They have more than enough USD, and US Bonds, and I think they understood, that it's not a good investisment as the FED is just printing cash and at somepoint the deflation will hit hard! and yes they brought thousands of tons of gold, while at the same time they are the biggest gold producer
Exactly, I think that they are trying to exchange their USD-based assets to something which isn't printed at such fast pace. But the fact that they have so much USD-based assets puts USA in their leash in some way. What would happen to the value of USD if China decided to start dumping them real hard. Of course that would mean that the value of their remaining holdings would drop, but that could be a price they are willing to pay in order to crash USD. The most interesting question is what will happen if people lose trust in USD.
February 25, 2014, 08:46:30 AM
So I just read a tweet from max keiser;
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
Yeah I got a thought. How about total bullshit layered on with no regard for reason?
1st of all, volume numbers are opaque. Entirely based on numbers we must trust from the exchanges.
2nd of all: Every purchase of a bitcoin is also the sale of a bitcoin. Hello!! No leak here!!! It's called trading.
3rd of all.. China is a geographic area. These types of things don't buy bitcoins. People trade RMB for BTC on exchanges based in china. People in their homes in NYC can exchange RMB for BTC using several exchanges.
There's more but that should be enough.
Point 2 to makes a lot of sense, a few on this thread pointed this out but all are ignored... What are we missing here?
February 25, 2014, 07:22:30 AM
China seems to be hoarding everything but FIAT I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.
I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.they have the biggest fiat holdings of all countries tho
February 25, 2014, 06:36:11 AM
China seems to be hoarding everything but FIAT I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.
I believe it has also purchased a lot of gold lately.. They seem to have an opinion about FIAT currencies and how thing will play out in the future.they have the biggest fiat holdings of all countries tho
February 25, 2014, 06:32:26 AM
If that site was even close to correct it'd show USD-btc doing 40% of huobi volume through bitstamp alone.
Soo......site is clearly completely incorrect.
Soo......site is clearly completely incorrect.
February 25, 2014, 06:29:34 AM
So I just read a tweet from max keiser;
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
China is buying more than 500BTC's. LOL
That's good that China is buying BTC's as it suggests they believe the coins is worth something; which means we could see it hit $1000 mark or more again soon.
February 25, 2014, 06:23:59 AM
So I just read a tweet from max keiser;
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
"Chinese buying 500 BTC/minute: http://fiatleak.com/ "
https://twitter.com/maxkeiser/statuses/438222566764056576
I looked at fiat leak and in the last 10 minutes 3300 BTC flew into china while only 22 into the united states...
http://fiatleak.com/
I wonder what sort of affect this might have with china's Bullrush while the rest of the world look like bears in hybernation cowering in the cold?
thoughts?
Yeah I got a thought. How about total bullshit layered on with no regard for reason?
1st of all, volume numbers are opaque. Entirely based on numbers we must trust from the exchanges.
2nd of all: Every purchase of a bitcoin is also the sale of a bitcoin. Hello!! No leak here!!! It's called trading.
3rd of all.. China is a geographic area. These types of things don't buy bitcoins. People trade RMB for BTC on exchanges based in china. People in their homes in NYC can exchange RMB for BTC using several exchanges.
There's more but that should be enough.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
February 25, 2014, 05:22:10 AM
is it possible someone else is buying through china? why chinese buy so much suddenly?
They see a sale although I am enjoying the China pacman affect
Its like nom nom nom more coins
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