You know I thought the same thing about Gox too. Bitcoiners just live in la la land where everything is 'FUD' and everything is going to be ok if they only believe - nothing bad can happen to them.
Also these are probably all just high roller daytraders who only left their profits in and are playing with 'house money' to leave their daytrading bots on as long as possible till the very last second and milk as much more profit as possible.
Topic: Why the hell are Chinese Bitcoiners still trading on Chinese exchanges? - page 2. (Read 1613 times)
May 07, 2014, 08:11:13 AM
May 07, 2014, 08:09:55 AM
May 07, 2014, 08:06:56 AM
There is one thing I really don't understand - what the hell motivates Chinese people to still trade on Chinese exchanges?
Let's say you would hear news that [PUT YOUR COUNTRY HERE] told their banks to stop any Bitcoin-related activities. What would a normal, rational-thinking person do? It would get off the exchange as soon as possible, in my opinion. It would try to exchange BTC to fiat and move out as long as there is more clarity about the current situation.
But why are Chinese still trading on Chinese exchanges?! I really don't get it. Am I missing something? Maybe someone can help me out.
Let's say you would hear news that [PUT YOUR COUNTRY HERE] told their banks to stop any Bitcoin-related activities. What would a normal, rational-thinking person do? It would get off the exchange as soon as possible, in my opinion. It would try to exchange BTC to fiat and move out as long as there is more clarity about the current situation.
But why are Chinese still trading on Chinese exchanges?! I really don't get it. Am I missing something? Maybe someone can help me out.
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