Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
fluidjax
on 27/11/2013, 20:31:45 UTC
You don't see too many posts gloating about they sold at the top and rebought at the bottom.

Trading fees really eat into your profits when taking advantage of small swings, so you gotta wait for the bigger swings. I sold at 1035 and rebought at 930. Btcchina's no-fee trading sure looks attractive.

And what is BTCCHina's business model? How do they generate revenue?

They spend a few weeks faking lots of trade gradually increasing the price and enticing western money in with their no-fee trading.....it all stops and they disappear in their G650......