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Topic: What happens when Chinese speculators enter Bitcoin market? - page 2. (Read 1991 times)

sr. member
Activity: 420
Merit: 250
Chinese speculators are always make the bitcoin's price increase, like today. The priice of bitcoins increase so high and on China market the bitcoin's price always the biggest than other.
legendary
Activity: 1806
Merit: 1024
Speculators from China are already on btc market.
Why? Because more than 90% of coins every day are exchange for china fiat (yuan) and not in euro/dollar /etc
So they are inside this job and maybe they are the first that speculate "positively" as a lobby for btc and related environment.
Take care a btc collapse will hit more asset from chinese speculator (with high volumes) than a normal user!

No one knows for certain if the volume of the Chinese exchanges is due to real buying or just due to (virtual) leveraged trading. So it might be Chinese speculators involved, but the questions is: How many?

On the other hand it seems plausible that the Chinese people use Bitcoin as an investment vehicle, because they have only few possibilities of acquiring "safe" assets. Given that the Chinese population is estimated at > 1 Billion and with a concentration of mining companies in the country it could be real demand. Unfortunately as an outsider it is impossible to know what really happens in China...

ya.ya.yo!
newbie
Activity: 54
Merit: 0
Speculating is a widespread hobby in China. We can see this quite well based on the past years. First, the Chinese invested heavily in real estate. When the market slowed, the speculators turned to the Chinese stock market. As it slowly collapsed last year, most speculators got into the resource sector and caused rising prices. It is only a matter of time before the Chinese speculating in a big way with Bitcoin and crypto currencies. What do you expect in this case, when suddenly hundreds of thousands more people are speculating with crypto coins with high leverage?

Speculators from China are already on btc market.
Why? Because more than 90% of coins every day are exchange for china fiat (yuan) and not in euro/dollar /etc
So they are inside this job and maybe they are the first that speculate "positively" as a lobby for btc and related environment.
Take care a btc collapse will hit more asset from chinese speculator (with high volumes) than a normal user!
legendary
Activity: 994
Merit: 1000
Chineses are using Bitcoin to move funds out of China, probably this is main reason. We will see heavy buying in yuan and then dump in usd.
But right now i see chinese are accumulating till halving to pump price to new ATH level may be before halving. Its better to hold as chinese are not dumping in USD currently.
legendary
Activity: 3080
Merit: 1500
Chinese people are using bitcoin from quite a long time now. If we see more Chinese people entering in to the market, initially you will see the market cap increase.

The will initially buy heavily and then dump to get the profit out of it. Bitcoin market has its own dynamics and sudden increase in investment will increase its price as well.
full member
Activity: 126
Merit: 100
Then we will see a heavy buying of bitcoin when they enter,and because of them we will see bitcoin rise until halving starts.
And they arlready doing that last month..
legendary
Activity: 1442
Merit: 1016
Speculating is a widespread hobby in China. We can see this quite well based on the past years. First, the Chinese invested heavily in real estate. When the market slowed, the speculators turned to the Chinese stock market. As it slowly collapsed last year, most speculators got into the resource sector and caused rising prices. It is only a matter of time before the Chinese speculating in a big way with Bitcoin and crypto currencies. What do you expect in this case, when suddenly hundreds of thousands more people are speculating with crypto coins with high leverage?

Buy more Bitcoin!
And in addition to that maybe get some small amounts of one or the other altcoin from the top 10 as well.
Possible that a few alts will follow behind Bitcoin's huge back.
When the big guys enter the market everything is possible!!
hero member
Activity: 826
Merit: 1000
Why are people discussing this as a hypothetical?  Its already happening.
full member
Activity: 196
Merit: 100
i have no clear idea but i think that they are too fast and sharp minded, if they really entered the bitcoin. the bitcoin will moves fast to its highest level
member
Activity: 63
Merit: 10
there will be a pump like this one, chinese pump high, because they are many that follow bitcoin
legendary
Activity: 1358
Merit: 1000
Is this question phrased with or without a gun to their head
legendary
Activity: 1526
Merit: 1001
Speculating is a widespread hobby in China. We can see this quite well based on the past years. First, the Chinese invested heavily in real estate. When the market slowed, the speculators turned to the Chinese stock market. As it slowly collapsed last year, most speculators got into the resource sector and caused rising prices. It is only a matter of time before the Chinese speculating in a big way with Bitcoin and crypto currencies. What do you expect in this case, when suddenly hundreds of thousands more people are speculating with crypto coins with high leverage?

Chinese are many in number, and if they enter bitcoin definitely they will pump the price more than x2. I have no information about them but now it's a good time to invest in bitcoin because of the price increased the last few days which is around +$130.
legendary
Activity: 1246
Merit: 1000
Once they buy into Bitcoin  and realize the potential
Their will be no sell just Yuan collapse

Speculators (especially Chinese ones) don't buy and hold.
They just keep shifting money into different asset classes in the hope of higher returns.
legendary
Activity: 1358
Merit: 1000
The same as it always has been. The Chinese will buy, and when the price goes down, they'll sell.

This is true, I heard from someone else, this is Chinese investment style. Basiccaly create more volatile market.

Impossible with Bitcoin u would get burned so hard

graph is still parabolic in shape
mkc
hero member
Activity: 517
Merit: 501
The same as it always has been. The Chinese will buy, and when the price goes down, they'll sell.

This is true, I heard from someone else, this is Chinese investment style. Basiccaly create more volatile market.
legendary
Activity: 1358
Merit: 1000
Once they buy into Bitcoin  and realize the potential
Their will be no sell just Yuan collapse
hero member
Activity: 3164
Merit: 937
Speculating is a widespread hobby in China. We can see this quite well based on the past years. First, the Chinese invested heavily in real estate. When the market slowed, the speculators turned to the Chinese stock market. As it slowly collapsed last year, most speculators got into the resource sector and caused rising prices. It is only a matter of time before the Chinese speculating in a big way with Bitcoin and crypto currencies. What do you expect in this case, when suddenly hundreds of thousands more people are speculating with crypto coins with high leverage?


We should pray for the chinese people to start speculating seriously. Grin

Unless the chinese communist government finds a way to ban all the cryptocurrency trade in China.

This is the worst scenario...

legendary
Activity: 1946
Merit: 1137
i thought Chinese were already inside bitcoin! they have always been investing with a lot of money in crypto currencies. do you remember last year and what they did with litecoin around LTC halving?
and do i even need to mention the mining farms in China?
member
Activity: 98
Merit: 10
The same as it always has been. The Chinese will buy, and when the price goes down, they'll sell.
full member
Activity: 210
Merit: 100
I'm guessing that when all of them join, they will use BitCoin, therefore making value increase. Good for everybody.
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