Quote from: mvidetto on November 17, 2013, 03:44:05 PM

Quote from: EvilPanda on November 17, 2013, 12:33:21 PM

I opt for a crash. Price is purely dictated by chinese market. There was no adoption, no major company support and still the price trippled in just a month. China goes up and sudenly all other markets follow without thought. If they decide to sell, for whatever reason, whole world will sell in panic.

Coinbase and mtgox are both above btcchina, I'm not sure how they're following china. If anything currently china is following the usd/btc.

Watch the timeline. Today chinese started buying and immediately all other exchanges went up. I was watching the charts today and a minute after a chinese rise there was immediate rush of other exchanges.