What the hell does having to use banks instead of 3rd-party payment providers to deposit more cash into BTC in china, have to do the BTC people already own in china?
?
?ttfy
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 30966. (Read 26710773 times)
December 17, 2013, 12:37:36 PM
ttfy
December 17, 2013, 12:37:04 PM
What the hell does not being able to deposit more cash into BTC in china, have to do the BTC people already own in china??
?YeePay? Regular Chinese bank accounts? Guess.
December 17, 2013, 12:35:41 PM
Im not always in the bear camp. I read this article. but fail to see the link in GOLD to BTC price.
http://www.zerohedge.com/news/2013-11-29/bitcoin-now-worth-more-gold
If he is comparing gold to BTC surly he needs to consider total supply not just (tradable units)
Just a quick bit of maths
175000 tons of gold presently mined on earth
175000000 KG
5500 million troy ounces @ $1200 each
12 million BTC
450 troy ounces per BTC (minied)
450 troy ounces = $540000 (1/2 million Dollars)
so for BTC to reach just 5% of gold it would need to hit, $27000 per BTC.
these are just approximations and nothing more.
http://www.zerohedge.com/news/2013-11-29/bitcoin-now-worth-more-gold
If he is comparing gold to BTC surly he needs to consider total supply not just (tradable units)
Just a quick bit of maths
175000 tons of gold presently mined on earth
175000000 KG
5500 million troy ounces @ $1200 each
12 million BTC
450 troy ounces per BTC (minied)
450 troy ounces = $540000 (1/2 million Dollars)
so for BTC to reach just 5% of gold it would need to hit, $27000 per BTC.
these are just approximations and nothing more.
December 17, 2013, 12:34:57 PM
get ready to panic buy on bitstamp 
Looks good, Chinas at a wall but buying and a bit of resistance at btce but getting through it
I wouldn't be shocked if China had a lot of selling pressure compared to other countries for quite a while now, if they really do have to get out of BTC and withdraw.
Why would anyone do that when they can just sell everything instead?
December 17, 2013, 12:32:56 PM
What the hell does not being able to deposit more cash into BTC in china, have to do the BTC people already own in china??
? December 17, 2013, 12:31:05 PM
get ready to panic buy on bitstamp
Looks good, Chinas at a wall but buying and a bit of resistance at btce but getting through it
I wouldn't be shocked if China had a lot of selling pressure compared to other countries for quite a while now, if they really do have to get out of BTC and withdraw.
December 17, 2013, 12:25:50 PM
I see alot of soon to be on fire bears in this thread.
December 17, 2013, 12:23:07 PM
get ready to panic buy on bitstamp
Looks good, Chinas at a wall but buying and a bit of resistance at btce but getting through it
I wouldn't be shocked if China had a lot of selling pressure compared to other countries for quite a while now, if they really do have to get out of BTC and withdraw.
December 17, 2013, 12:20:45 PM
bitstamp showing gox who's the new boss
December 17, 2013, 12:20:16 PM
JUST HIT THAT $750,- tonight. I BEG YOU.
Kthnx
Kthnx
A little over extended are we?
December 17, 2013, 12:18:35 PM
0
(to finish off adam's countdown from yesterday)
(to finish off adam's countdown from yesterday)
December 17, 2013, 12:17:47 PM
LiteCoin just hit 24. Will be at 32 by friday, possibly today
December 17, 2013, 12:12:49 PM
get ready to panic buy on bitstamp
December 17, 2013, 12:04:10 PM
Bullstamp is chewing coins right now
December 17, 2013, 12:01:05 PM
So, we're bulls now?
I'm still waiting for this dinosaur pattern to complete
Predicting the horizontal dead cat for a day or so
I'm still waiting for this dinosaur pattern to complete
I think its almost done, now its time for 2nd dinosaur
I'm hoping it's a stegosaurus
(reaching up for a nice leaf ) December 17, 2013, 11:58:38 AM
JUST HIT THAT $750,- tonight. I BEG YOU.
Kthnx
Kthnx
December 17, 2013, 11:57:43 AM
I love how there are still some little bulls left, all full of hope, clinging to their 1242 dollar coins. So touching.
Love meeting weak hand, who cant comprehend the future. 
A bear can comprehend the future, he just doesn't live in it.
December 17, 2013, 11:56:51 AM
I love how there are still some little bulls left, all full of hope, clinging to their 1242 dollar coins. So touching.
Love meeting weak hand, who cant comprehend the future. I love Bitcoin, where wildly different ideas of the future can come together
December 17, 2013, 11:56:43 AM
Only a 100 LTC to 24 a LTC
December 17, 2013, 11:56:19 AM
It's time to choose.
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