Author

Topic: What would the bitcoin graph look like without China? (Read 653 times)

newbie
Activity: 4
Merit: 0
Now?
full member
Activity: 182
Merit: 101
same.. but for long time
China has only helped to speedup growth!
newbie
Activity: 26
Merit: 0
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

I agree that it helped the price increase, but the rise/sudden fall when the bad news came out of China gave serious ammunition to people who say that it can't be currency because of the insane fluctuation. 
legendary
Activity: 1008
Merit: 1005
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.

China was a bubble...
sr. member
Activity: 448
Merit: 250
It really depends if you look at it like they never entered the market in the first place versus just suddenly plucking out all China exchanges in a single moment while the impact of the publicity still remained.

I think China publicity helped the price increase which even if it was a bubble still attracted a lot of new entrepreneurs and general public awareness, which in turn helps the long-term and short-term growth.
legendary
Activity: 2746
Merit: 1181
why would that matter?
newbie
Activity: 29
Merit: 0
well i heard in china theres guys sitting outside a chinese bank with bags of money selling money below the exchange rate of the banks.
legendary
Activity: 938
Merit: 1000
Probably we have reached a  600-650$ maximum: China has only helped to speedup the normal trend
newbie
Activity: 26
Merit: 0
I agree with this.  It just would have been interesting to see the rise and fall due to U.S. moves instead of it getting mixed up in Chinese speculation.
full member
Activity: 129
Merit: 100
Any time high would be around 500. The US senate hearing helped Bitcoin adoption as well
hero member
Activity: 490
Merit: 500
Probably around 250 bucks
legendary
Activity: 1050
Merit: 1004
Well, you can now see what it'll look like Smiley

Pre-China we were averaging $200/BTC
newbie
Activity: 26
Merit: 0
Serious question.
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