Topic: Will China Take The Steam Out Of The Upcoming "Crash"?? (Read 894 times)
I wonder if they even know about them.
I wonder if the chinese give a fuck about the price in gox and stamp...
So... should the rest of us be moving our BTC to China and buying Yuan?! 
China is going to 3000 ($482). And Gox and Stamp are just going to watch it.
China is on a parabolic run. How much money they have behind this run it anyone's guess. It could go to 2500, 3000, 5000. Who knows?
One thing that is for sure, is that if it continues to run its' going to have a wider and wider price tag than Gox or Stamp. In fact, I think Gox and Stamp may simply have a liquidity problem, in that most people who had money on the exchanges this week have bought BTC. There may not be anymore money to buy until Monday.
Meanwhile, China could continue to run.
If China runs up parabolicly and the other exchanges fail to keep up, when China has a large and big correction, I wonder how much it will be felt on the other 2 exchanges. I assume it will be felt, yes. But it might not wind up being more than a correction on Gox and Stamp.
One thing that is for sure, is that if it continues to run its' going to have a wider and wider price tag than Gox or Stamp. In fact, I think Gox and Stamp may simply have a liquidity problem, in that most people who had money on the exchanges this week have bought BTC. There may not be anymore money to buy until Monday.
Meanwhile, China could continue to run.
If China runs up parabolicly and the other exchanges fail to keep up, when China has a large and big correction, I wonder how much it will be felt on the other 2 exchanges. I assume it will be felt, yes. But it might not wind up being more than a correction on Gox and Stamp.
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