Quote from: Mirsad on November 21, 2013, 09:11:21 AM

Quote from: windjc on November 21, 2013, 09:09:04 AM

Quote from: Mirsad on November 21, 2013, 09:04:08 AM

Quote from: windjc on November 21, 2013, 08:58:12 AM

Oh boy, China is awakening and if Gox breaks through the $700 barrier, we will be getting VERY close to confirming no dead cat bounce.

China is long awake. It's 10am in western europe. So it's late afternoon in china.

I think it's a dead cat bounce. China is struggling -> before it was 200-300$ ahead of GOX, now the gap is smaller then 50$.

Is that what you really think? I whole heartedly disagree for the following reasons.

A. China is currently being arbitraged against the other exchanges.
B. China did not start this rally from $200 - Gox and Stamp did.
C. China lagged slightly behind the rally and then took off way ahead.

In conclusion, China is going to blast off soon. And by "awake", I mean they just started buying again 45 minutes ago. Look at the charts.

A lot of people have money @ BTC China and can't get it out. They transferred their coins there and sold at over 1000$!
They wait till the gap from gox/stamp to btc china closes, buy back @ btc china, transfer the coins and then drop the coins @ gox or stamp

Ha. No they won't. Because the gap is already widening again.