Quote from: GigaCoin on November 19, 2013, 07:53:11 AM

Quote from: jasonjm on November 19, 2013, 01:06:53 AM

Every single chinese speculator who bought bitcoins at any price is sitting on profits, some of them massive profits.

100% of them!!!

literally every single one, and not a single one can be short, or hedged, or on the wrong side of options, so 100% of them are sitting on big to massive profits!!! all in less than 30 days.... the kind of returns you lucky to get in the stock market in 5 to 10 years.

In all my years I have never ever ever seen anything like this, such a one sided state of affairs, it's blowing my mind.

actually i disagree with the analysis that 100% of all investors made money in the past 30 days, like in all financial markets you'd be surprised how many weak hands panic sell (buy high sell low) and how many day traders lose most of their holdings (statistically most day traders fail). There are always winners and losers, usually more losers than winners.

+1

The volume is testament to that. If the initial statement were true, there would need to be a lot more BTC available.