Post
Topic
Board Speculation
Re: China : The next price bump
by
jinni
on 07/05/2013, 21:28:48 UTC
Quick news flash.

Average gross income is < $5500 per year. (2010)

All this "new money"? Let's talk smaller.

China has more then 1 million millionaires (owning more than $1.6m).

Income in China is grossly under-reported.  

Even if you make $5500 a year, $100 is still only 1.8% of that. Considering Chinese people are saving around 40% of their disposable income, investing a little in Bitcoin should be easily doable.