Quote from: scarsbergholden on October 22, 2013, 02:34:10 AM

Quote from: Miz4r on October 22, 2013, 02:24:45 AM

Quote from: zhangweiwu on October 22, 2013, 01:24:00 AM

Good morning. I am surprised to see so many replies overnight.

Before answering please take a look at the new price now, Chinese trader's price is close to price of MtGox, very unusual (China used to be big export country so the price of bitcoins was often the cheapest of all global markets).

People always see what they wish to see. I also read Chinese bitcoin forums, and there is a recent poster, awaring baidu cannot stir up such a rally by the event itself, attribute the rally to that "also in the U.S. after silkroad traders feel positive because bitcoin is purged from crime". Today's price is rising as usual, please mind that it is definitely not solid, Chinese traders are not confident - you have to decide for your own if there will be a huge bull market (as confidence gets confirmed and grow) or an early rush sell. I myself betted the former and am exposed to the risk of latter, because it is too risky to be prudent: the confidence may get past to the west and change the mood globally.

I think the west is starting to think that the Chinese speculators have gone totally mad now. Tongue

Bitstamp and Gox want to take a little rest and consolidate and retrace a bit to test and build support, but the Chinese bulls are just relentless and keep on going almost without pause. It's a lot of fun to see all the enthusiasm there, but we're getting into dangerous territory now by going up this fast. One small thing can trigger a huge correction and since there has almost been no time to build any meaningful support the fall will be quite deep. We've been through this before, so people here are still wary of this. I think this is why Gox and Bitstamp have now become more hesitant to follow China, before it was all fun and good but now things start to become a little scary even for them. Please tell the Chinese speculators to take it a little easy on the greed or they might be shooting themselves in the foot later. Wink

hehe, yeah, China is CRAZY. making this bubble happen way too fast. i hardly slept last night, probably no sleep tonight..... watching for them dumps.

Just download bitcoinium app. Set price alarm with hardcore mode on, make sure you dont have any battery savers on your phone..

Wala, chose your trigger points and its sure to wake you if something happens

I've gotten quite a few trades to it. And quite a few lost because battery saver stopped it from updating lmao.