Author

Topic: When BTCChina runs out of BTC (Read 1008 times)

legendary
Activity: 1806
Merit: 1003
November 18, 2013, 12:10:16 PM
#6
well, buy from elsewhere, and send to China to sell! then exchange your RMB into USD (very fast if you have a reliable exchange partner, it's nearly instant), rinse and repeat. I know some traders are making a killing doing this. This is the arbitrage opportunity of a lifetime if you have the funds. You make nearly $10000 for each 100 BTC arbitraged.
hero member
Activity: 809
Merit: 501
Always verify deals with me through my public key!
hero member
Activity: 994
Merit: 507
November 18, 2013, 11:29:12 AM
#3
When it dries up, what do you predict will happen?
Already hitting $722 per coin. Holy crap!
legendary
Activity: 4200
Merit: 4887
You're never too old to think young.
November 18, 2013, 11:29:01 AM
#2
When it dries up, what do you predict will happen?
Price will rise and previously hoarded or recently mined coins will hit the market to fill the demand.
full member
Activity: 182
Merit: 106
November 18, 2013, 11:24:57 AM
#1
When it dries up, what do you predict will happen?
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