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Topic: Wall Observer - China wall movement tracker - page 3. (Read 34624 times)

sr. member
Activity: 448
Merit: 250
November 06, 2013, 09:34:30 PM
Looks like China is awake, and not afraid to continue buying it up.
China never sleeps Smiley

 That's why we've been going up all day
legendary
Activity: 896
Merit: 1001
November 06, 2013, 08:40:09 PM
Looks like China is awake, and not afraid to continue buying it up.
sr. member
Activity: 448
Merit: 250
November 06, 2013, 11:05:08 AM
China seems to have run out of steam.

Looks like a correction is coming - only question how deep.

Money's on $225 - $250 as the next potential bottom.
zby
legendary
Activity: 1594
Merit: 1001
November 06, 2013, 09:37:21 AM
China seems to have run out of steam.

Looks like a correction is coming - only question how deep.
legendary
Activity: 2170
Merit: 1094
November 06, 2013, 09:29:26 AM
China seems to have run out of steam.
legendary
Activity: 1036
Merit: 1000
November 06, 2013, 04:59:36 AM
1609!
legendary
Activity: 1064
Merit: 1000
Bitcoin is too valuable to be used as a currency
November 04, 2013, 10:21:26 AM
1389 on btcchina,wow goes off arbing,if you want to arb in china, pm me...
sr. member
Activity: 448
Merit: 250
November 03, 2013, 03:44:18 PM
Who uses the API btcchina?

Probably lots of people, the transactions are free so it makes sense to trade ultrafast. I know a guy with even a tick-bot, though not sure if it uses BCChina.
legendary
Activity: 1582
Merit: 1001
November 03, 2013, 01:33:11 PM
Here we go again
legendary
Activity: 2128
Merit: 1019
November 02, 2013, 04:50:37 PM
Who uses the API btcchina?
legendary
Activity: 1792
Merit: 1111
November 02, 2013, 01:56:19 PM
More TV coverage.

Paul Lee's cloud world 20131102 - four years rose three times! * Bitcoin * worth big decryption
http://www.youtube.com/watch?v=s5ISiIL0qRs


That's Taiwan, not China
hero member
Activity: 588
Merit: 500
November 02, 2013, 12:19:02 PM
More TV coverage.

Paul Lee's cloud world 20131102 - four years rose three times! * Bitcoin * worth big decryption
http://www.youtube.com/watch?v=s5ISiIL0qRs
legendary
Activity: 1036
Merit: 1000
November 01, 2013, 05:09:16 AM
There are a lot of Chinese in Vancouver. It'd be natural for it to become a thing for Chinese expatriates to send money home to their family using the Bitcoin ATM instead of their usual wire transfer or WU or whatever (does WU even work in China?).
legendary
Activity: 1834
Merit: 1019
interesting... in reference to the Bitcoin Xianwen Lianbo appearance


It is all rather odd. China still has capital controls, so it is strange that the regime would endorse something that allows those controls to be evaded.

I thought the same. Why tell the people about an decentralized money that would allow economic freedom, unless its a trap?
Maybe they will open up a state monitored exchange? It will act as a fish net, and show who doesnt 100% believe in the state economy.

Or China understands that it could become the greatest super power ever. With a huge labor force and control of a lot of resources, they have few bottlenecks. Their leader is intelligent enough to understand that communism fails.  What if they love Bitcoin? They believe it the end all be all. A truly transparent economic system that would allow their country to reach its full potential.

My feeling is that the location of the robocoin atm in question (Vancouver) is significant to the story's coverage on XinwenLianbo.

Despite official capital controls, the party and business elite hold huge amounts of money outside of China and Vancouver is an epicenter for that activity. If you live anywhere in the pacific northwest, you feel this. The PRC's cash is sloshing around and squirting out the seams wherever it can... Just take a gander at the Vancouver condo market sometime to get an inkling.

I think this is very much an indicator that it is okay(ish) to incorporate BTC into one's personal gray market capital flight if one has family, business, or associates in BC...


legendary
Activity: 2324
Merit: 1125
If I'm right in this respect the consequence should be that more of those finding out about Bitcoin for the first time now are likely to be able to get in and get involved with small amounts at around today's prices so we get better distribution rather than panic buying on a fast rise only for the whales to cause a big correction and cream the extra coins for themselves.

In the end it won't make a difference. The roller-coaster makes it interesting and gives us all some entertaining tales to tell when we're old. I know I have a couple already Smiley
legendary
Activity: 1014
Merit: 1003
VIS ET LIBERTAS
http://stats.grok.se/zh/latest30/facebook
2013-10-30 views: 2249

http://stats.grok.se/zh/latest30/bitcoin
2013-10-30 views: 223

http://stats.grok.se/zh/latest30/litecoin
2013-10-30 views: 140
hero member
Activity: 784
Merit: 506
Thats impressive. hopefully an interesting weekend ahead!

I wouldn't bet weekend, but this lays the foundation for a much larger exposure of BTC to the public, which in turn will lead to increased buying to begin in the next weeks/months.

Love it that this is happening and yet the price is not going bananas!  I am hopeful it will stay that way and grow sustainably (however slowly or quickly that is) rather than going through the roof with a massive correction.  One reason is that the market is bigger, broader and more mature now.  Another is that with hardly any exchange having large orderbooks small market orders move the price substantially. But because all exchanges don't always follow suit to the same degree, rather than getting trigger-happy auto-responses exacerbating large price moves we are tending to get considered responses.  I am not saying massive quick price boosts or freefall are no longer possible but I get the impression we're better protected against them happening at a whim - and I think the margin trading at Bitfinex is also helping with this regard.

If I'm right in this respect the consequence should be that more of those finding out about Bitcoin for the first time now are likely to be able to get in and get involved with small amounts at around today's prices so we get better distribution rather than panic buying on a fast rise only for the whales to cause a big correction and cream the extra coins for themselves.
full member
Activity: 133
Merit: 100
Thats impressive. hopefully an interesting weekend ahead!

I wouldn't bet weekend, but this lays the foundation for a much larger exposure of BTC to the public, which in turn will lead to increased buying to begin in the next weeks/months.
full member
Activity: 153
Merit: 100
And just look at that spike in Wikipedia traffic! Wow!

http://stats.grok.se/zh/latest90/%E6%AF%94%E7%89%B9%E5%B8%81

Wow! And on the English Wikipedia it's the 2nd most read article in the last 24 hours:

http://wikipedia.trending.eu/en/24hours.html

Something's brewing!


Thats impressive. hopefully an interesting weekend ahead!
full member
Activity: 133
Merit: 100
And just look at that spike in Wikipedia traffic! Wow!

http://stats.grok.se/zh/latest90/%E6%AF%94%E7%89%B9%E5%B8%81

Wow! And on the English Wikipedia it's the 2nd most read article in the last 24 hours:

http://wikipedia.trending.eu/en/24hours.html

Something's brewing!
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