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

sr. member
Activity: 504
Merit: 250
I think they are already in the bitcoin market and they are the biggest sellers of the bitcoin. Nothing happened.
well the price of it is going to go up right now in my opinion, i hope that chinese people will push the price up right now and make us all some good profit for holding
tyz
legendary
Activity: 3360
Merit: 1533
Only a small group of Chinese (compared to the Chinese investing in other assets) are already in the Bitcoin and crypto market.
Unfortunately there are no charts, figures or research papers about it but you could get a picture of it by looking at the biggest Chinese crypto boards.

I think they are already in the bitcoin market and they are the biggest sellers of the bitcoin. Nothing happened.
full member
Activity: 222
Merit: 100
 I think they are already in the bitcoin market and they are the biggest sellers of the bitcoin. Nothing happened.
tyz
legendary
Activity: 3360
Merit: 1533
I found and read this interesting articles which fits to the topic.

China’s Constant Bubbles Drive Investors to Bitcoin in Droves
China’s economic problems may only just be starting, and bitcoin is poised to benefit more than ever before. On top of the ongoing currency devaluations, bubbles are popping in many different industry segments across China, including stock and property markets. As a result, investors are eyeing bitcoin as an alternative.
https://news.bitcoin.com/china-bubbles-drive-investors-bitcoin/
hero member
Activity: 574
Merit: 500
The problem we might have here is that chinese speculators have really big funds,they are just a big whales.
We can see a very big btc movements,but let's be true,most of them are already in but i think we can see more of them entering.
newbie
Activity: 36
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 natural resources 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?

What do you think Chinese exchanges are, OP?

Back to topic,how do you know that BTC is very popular in China? I would like to see the source,or speak with the guy you got the info from.

Well, there's all the exchange volume. It may or may not be genuine, but China has usually led all the market moves.
Let me turn the question around tho, "how do we know Bitcoin is popular in the West?"
legendary
Activity: 1372
Merit: 1032
All I know is that I know nothing.
Chinese have always been inside bitcoin from the early days and they have been investing in it for a longer time than any others. and the interesting thing is that this investment of their has only increased over time and they have been investing in bitcoin and also in other crypto currencies so much and that is one of the reasons why this market is so interesting .
hero member
Activity: 574
Merit: 500
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 natural resources 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?
I would like to see a market with let's say even 800:1 leverage possible to play with,when u can trade btc.
Back to topic,how do you know that BTC is very popular in China? I would like to see the source,or speak with the guy you got the info from.
legendary
Activity: 1190
Merit: 1002
If the Chinese are really wanting to get their yuan out of the country, then they will start buying in Bitcoin and this will basically raise the price because the Chinese will create a bigger demand for coins. However when they decide to get rid of Bitcoin and get back into fiat they will effectively crash the Bitcoin market by creating a bigger supply than the actual demand requires. Such extreme conditions are not good for the Bitcoin economy in my opinion and we must be careful because we can easily be caught in the bubble and lose a lot of money when it finally bursts.

I agree with you as when ever they have enter to any market they have fluctuated it very high, like in silver they started the market investing and it went 10 times more and when they started to leave it, it crashed like hell in 2 or 3 days they dont care about market or investors. so bitcoin have to be safe with them. because if they do the same like have done to other market then we can see bitcoin going above $2k or $100 any thing can happen.
legendary
Activity: 1092
Merit: 1000
GATCOIN : The New Currency Of Digital Marketing
If the Chinese are really wanting to get their yuan out of the country, then they will start buying in Bitcoin and this will basically raise the price because the Chinese will create a bigger demand for coins. However when they decide to get rid of Bitcoin and get back into fiat they will effectively crash the Bitcoin market by creating a bigger supply than the actual demand requires. Such extreme conditions are not good for the Bitcoin economy in my opinion and we must be careful because we can easily be caught in the bubble and lose a lot of money when it finally bursts.

Is this a worst case scenario?  I hope thinks like these will never happen.  Let them invest hoping to make the market more profitable to all.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
A lot of the Chinese people are also big gamblers and they like to invest in high risk investments with possible high profits. This makes Bitcoin attractive to them to, under situations where there are high volatility. I should think that these speculators have enough fiat capital to create volatility if they wanted to, so it's all a high risk gamble for them. On the other hand, they are one of the most disciplined and hard working people I know, so combine those two and you can see why they will soon rule the world economy. ^hmmmmmm^
legendary
Activity: 3472
Merit: 10611
I am curious. Where could you see that? How can you identify accounts of Chinese hodlers?
~~

that's the thing about bitcoin and anonymity of investors you can't find them. the only thing possible to do is that you can speculate about it by looking at the trade volumes that are being published from the exchanges that are known to work only in China. but that would only be speculations and nothing for sure.
legendary
Activity: 1008
Merit: 1000
★YoBit.Net★ 350+ Coins Exchange & Dice
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?

I thought this also.its not like the chinese arwnt alreading speculating on the price already and probably holding some till the halving and possibly beyond. Also as you say im sure china has some of the largest farms in the world and i dont think the miners are stupid. If the expect a rise in price then they will hild those bitcoins until then.
sr. member
Activity: 294
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.
Why? Anyone has the right to bitcoins. Do we need to discriminate? Just look at the positive side when everyone is acceeing bitcoins... the price will surely soar high and with this, every one who is into bitcoins can benefit from it...
tyz
legendary
Activity: 3360
Merit: 1533
I am curious. Where could you see that? How can you identify accounts of Chinese hodlers?

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.
sr. member
Activity: 294
Merit: 250
The bitcoin is going to rise i guess.
Same as the banks enter it,we can already see the outcome of it : bitcoin went to moon,highest price was 750$ just because
banks were in and other big fishes.
Im wondering what going to happen in 2017
sr. member
Activity: 294
Merit: 250
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 natural resources 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?

Prices quickly go up due to the sudden surge, then go down due to them leaving. But I hope they invest in BTC for the long term, that way we see some investment trickle down to other cryptos too, hopefully.

Not sure because isn't bitcoin banned in china? Even though the government still uses it to their advantage? It's kind of a sketchy topic because the government in china is a very strong believer in bitcoins and they have bought many many bitcoins.

good luck to all of you and i dont think anything major will happen when they enter the market.
legendary
Activity: 2898
Merit: 1823
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 natural resources 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?

Prices quickly go up due to the sudden surge, then go down due to them leaving. But I hope they invest in BTC for the long term, that way we see some investment trickle down to other cryptos too, hopefully.
legendary
Activity: 1288
Merit: 1087
If there was a REAL Chinese pump, and the previous one didn't have all that many people compared to their population, then we'll see more moves coming from their government. They could close the markets down with a click of their fingers and they probably would. Look what they were doing to their stock markets to cool them off when they were going feverish.

I kinda hope China doesn't latch onto it in a truly major way or we'll all be screwed rapidly.
tyz
legendary
Activity: 3360
Merit: 1533
That is true. Chinese are investing into Bitcoin already. But compared to the sums which were invested for real estates, stock market shares or natural resources certificates and futures speculation, the sum invested into Bitcoin is small. You can see this on the "low" daily volume of Bitcoin trading of only 70-100 million USD.

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?
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.
legendary
Activity: 2604
Merit: 1036
If the Chinese are really wanting to get their yuan out of the country, then they will start buying in Bitcoin and this will basically raise the price because the Chinese will create a bigger demand for coins. However when they decide to get rid of Bitcoin and get back into fiat they will effectively crash the Bitcoin market by creating a bigger supply than the actual demand requires. Such extreme conditions are not good for the Bitcoin economy in my opinion and we must be careful because we can easily be caught in the bubble and lose a lot of money when it finally bursts.
legendary
Activity: 1246
Merit: 1000
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?

It can only be short term in nature and they will move to other assets.
At which point, Bitcoin will crash and crash hard.
I don't see how that can be good for Bitcoin.
mkc
hero member
Activity: 517
Merit: 501
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.
tyz
legendary
Activity: 3360
Merit: 1533
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 natural resources 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?
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