Re: More than 50,000 unconfirmed transactions

This is the Chinese Cashing Out before the Price Drop.

Longer you wait to do the same , the more capital you will lose. Tongue

What makes you think the price will drop? We can see big volumes no small down tick it's an indicator that whales buying furtively. Tongue

Bitcoin makes x3 by summer 2017 Cool

Price has gone down $15 in the last 20 minutes, BTC is heading down,
Chinese are selling because the new trading fees on their exchanges mean they won't be able to manipulate the price like when it was zero fees.
Watch the Charts tonight and decide for yourself. Wink

http://coinmarketcap.com/currencies/bitcoin/#charts
Select 1d so you can see the decline begin.

Cool

Why it's all about the Chinese? Why they have big amount of money in this business? Why another countries can't be like Chinese so they can make a move for bitcoin too? Why?
So many unconfirmed transactions from Chinese users before the price down is mean they know what will happen next.

almost 50 to 60 persent of user of bitcoins are from china and now china is the biggest user of it so if any currency has so much of user from same country it has a great impact on that currency...., so you cannot underestimate their part......!!!