I don't agree at all with you. You make Chinese people like a magician which have in their hands the fate of bitcoin. they are a normal people that work hard in every field of life and for this have results. But to tell that they are the key of reaching to the Moon of the price of bitcoin is a stupidity. Are million and millions the other people that can deal with bitcoin. Why don't deal with them? What have special the Chinese people and the others don't related to bitcoin that make them special?
Bitcoin have no country. No nation can boast that own it or invented it. Even the creator is anonymous and no one know if it is one person or a group of people. This must be the spirit of work about and for bitcoin. Spread the word about it everywhere. Then who will love it will work for it and will use it.
Topic: Why Bitcoin is not reaching the moon yet? The Chinese deal (Read 950 times)
The Chinese Bitcoin bubble will burst just like their economy (which BTC is already bursting, if you pay attention to the stock market). On the meantime, they are kings of BTC with most of the action happening there, as you can see here:
www.fiatleak.com
www.fiatleak.com
Quite opposite. Right now Chinese people have no reason o put their money in Bitcoins, since investing in China economy gave them huge profits. Right now altho we keep hearing how much Chinese stocks price fall is still way higher then was at beginning of 2015. But it is normal that this growth will end at some point. And at that time, Bitcoin will be an appealing option fro all Chinese investors. It will not last that long till then, but stil we cant be sure that there will be something else before to push Bitcoin price up.
Patience people!
i think that you really got it, "patience" is the key for the inevitable succes of the bitcoin.
now bitcoin is a good scenary for all those pumps and dumps, but beleive me, this will not stay longer so much time
The actual problem is MTGOX kind of scams and lack of new innovation to spread the community across different verticals bitcoin can serve. These are minor problems bitcoin could jump it all at once.
The Chinese Bitcoin bubble will burst just like their economy (which BTC is already bursting, if you pay attention to the stock market). On the meantime, they are kings of BTC with most of the action happening there, as you can see here:
www.fiatleak.com
www.fiatleak.com
Pumping and dumping bitcoin will only adversely affect Bitcoin in the long term as to make it attractive to more long term investors we need a steady growth and more operations accepting bitcoin either into their technology, problem solving or monetary and social systems. This is the only way Bitcoin will grow as an entity worldwide, forget the pumping and dumping.
These days, after earning my real 1st BTC, I've been studying all about global economic movement about BTC and which markets are growing around this currency.
One special deal appeared in front of me: The Chinese deal.
We got best miners there, and they're a lot of them, they're a decisive key for the future of mining BTC (where all firsts users began) and for where BTCs are in more number; this is a very important market.
But we got a closed government here, with an anti-BTC official policy, who is closing doors to implement in any way this currency on their domains -and there are a lot of them, only check a little bit about the Chinese territory and you'll be surprised about which zones in the worldmap they're positionated- and they're not thinking on change that in the future, they got their own plans.
Their community is bigger than other in this planet, and they grow everyday faster than others right now -I know about Indian's natality and what's going happen in 20 years, but we're speaking about what's going on now-, the near future deppends on them.
And what should we do at this point, what interests to all of us, BTC's users?
I think we need, right now, to introduce more Chinese users to BTC's world, make them participles of this currency and work togheter to get our objective, do Da Pump, the second biggest pump in BTC's history -first one was when this piece of bits in your computer had some real value in money's market-, and got our long-term objectives before we all think.
I don't know a lot about China, but something about their own philosophy -from personal experience-: they wait for the best moment, in any situation, to do what it beneficiates them all, and in that moment they make their move.
If they see that moment is not far away for them, they should help all to do Da Pump. Contact with all your Chinese contacts, or begin to contact with Chinese users, and help to introduce more potential users of BTC...
Remember, they got the key.
One special deal appeared in front of me: The Chinese deal.
We got best miners there, and they're a lot of them, they're a decisive key for the future of mining BTC (where all firsts users began) and for where BTCs are in more number; this is a very important market.
But we got a closed government here, with an anti-BTC official policy, who is closing doors to implement in any way this currency on their domains -and there are a lot of them, only check a little bit about the Chinese territory and you'll be surprised about which zones in the worldmap they're positionated- and they're not thinking on change that in the future, they got their own plans.
Their community is bigger than other in this planet, and they grow everyday faster than others right now -I know about Indian's natality and what's going happen in 20 years, but we're speaking about what's going on now-, the near future deppends on them.
And what should we do at this point, what interests to all of us, BTC's users?
I think we need, right now, to introduce more Chinese users to BTC's world, make them participles of this currency and work togheter to get our objective, do Da Pump, the second biggest pump in BTC's history -first one was when this piece of bits in your computer had some real value in money's market-, and got our long-term objectives before we all think.
I don't know a lot about China, but something about their own philosophy -from personal experience-: they wait for the best moment, in any situation, to do what it beneficiates them all, and in that moment they make their move.
If they see that moment is not far away for them, they should help all to do Da Pump. Contact with all your Chinese contacts, or begin to contact with Chinese users, and help to introduce more potential users of BTC...
Remember, they got the key.
Did you just try to call out all of the people in China to start a second Bitcoin pump?
No seriously man, this doesn't work this way. First of all, even if there was 100 Chinese Bitcoin users, this would be hard to to and not with thousands and thousands of them.
Second thing is that we don't need any more pumps and dumps and bubbles! Look what has happened with the last Chinese bubble, it has burst! We need a healthy and sustainable growth!
Patience people!
Yes, it's the same thread I posted on Speculation, but I think is better in here
i agreed with you
this Thread is good to start discussion about bitcoin price
Yes, it's the same thread I posted on Speculation, but I think is better in here
These days, after earning my real 1st BTC, I've been studying all about global economic movement about BTC and which markets are growing around this currency.
One special deal appeared in front of me: The Chinese deal.
We got best miners there, and they're a lot of them, they're a decisive key for the future of mining BTC (where all firsts users began) and for where BTCs are in more number; this is a very important market.
But we got a closed government here, with an anti-BTC official policy, who is closing doors to implement in any way this currency on their domains -and there are a lot of them, only check a little bit about the Chinese territory and you'll be surprised about which zones in the worldmap they're positionated- and they're not thinking on change that in the future, they got their own plans.
Their community is bigger than other in this planet, and they grow everyday faster than others right now -I know about Indian's natality and what's going happen in 20 years, but we're speaking about what's going on now-, the near future deppends on them.
And what should we do at this point, what interests to all of us, BTC's users?
I think we need, right now, to introduce more Chinese users to BTC's world, make them participles of this currency and work togheter to get our objective, do Da Pump, the second biggest pump in BTC's history -first one was when this piece of bits in your computer had some real value in money's market-, and got our long-term objectives before we all think.
I don't know a lot about China, but something about their own philosophy -from personal experience-: they wait for the best moment, in any situation, to do what it beneficiates them all, and in that moment they make their move.
If they see that moment is not far away for them, they should help all to do Da Pump. Contact with all your Chinese contacts, or begin to contact with Chinese users, and help to introduce more potential users of BTC...
Remember, they got the key.
One special deal appeared in front of me: The Chinese deal.
We got best miners there, and they're a lot of them, they're a decisive key for the future of mining BTC (where all firsts users began) and for where BTCs are in more number; this is a very important market.
But we got a closed government here, with an anti-BTC official policy, who is closing doors to implement in any way this currency on their domains -and there are a lot of them, only check a little bit about the Chinese territory and you'll be surprised about which zones in the worldmap they're positionated- and they're not thinking on change that in the future, they got their own plans.
Their community is bigger than other in this planet, and they grow everyday faster than others right now -I know about Indian's natality and what's going happen in 20 years, but we're speaking about what's going on now-, the near future deppends on them.
And what should we do at this point, what interests to all of us, BTC's users?
I think we need, right now, to introduce more Chinese users to BTC's world, make them participles of this currency and work togheter to get our objective, do Da Pump, the second biggest pump in BTC's history -first one was when this piece of bits in your computer had some real value in money's market-, and got our long-term objectives before we all think.
I don't know a lot about China, but something about their own philosophy -from personal experience-: they wait for the best moment, in any situation, to do what it beneficiates them all, and in that moment they make their move.
If they see that moment is not far away for them, they should help all to do Da Pump. Contact with all your Chinese contacts, or begin to contact with Chinese users, and help to introduce more potential users of BTC...
Remember, they got the key.
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