Looking like the lunar year or whatever you guys call it didn't make as much trouble for btc as we imagined it might have. It did dropped a bit for a while and reached to like 8200ish levels but now its back over 8600 and honestly that is good enough for me.
If the price goes down that is very scary, we don't know if it will continue to go down or what will happen, however whenever price recovers from a fall that means we are still in the bullish times and nothing major may have for a little more while, I am not saying bitcoin will never go down under 8k or something here, but at least for a little bit more while we are in the bull run and we may yet to see still higher prices like 10k or even more if these continue to happen, it all depends on if we will be able to break the resistance or not.
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Good observation, I would expect the same too, bitcoin price would always react to FUD, and I dont think a merely lunar new year has much impact.
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It's celebrated here in my country but I'm not ethnic Chinese. The closest I got to celebrating it is eating fried nian gao but even that we didn't do this year. I'm also the laggard in parties. I just listen to the advice I receive, most seem nice anyway. I just try not to feel bad, I'm lucky my family tend to be unpretentious.
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Yeah, just look at the greeting card thats written typically in moon rune thats actually translated into many good advices, usually in four letters. But the fried short cake seem to be a lost relic recently, and wonder why its not often to be found on the market.
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Wow, they also hire fake boy/girlfriends there too? Do they also hire fake parents? I thought that was only a Japanese thing.
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Yeah its tedious work for most busy working classes, nobody have spare time for this intimacy moment that amount to nothing but just a feel good. Hiring a new freelance acting on on the position every year seem to be very decent decision. Hiring parent seem to be excessive, but for the sake of social status it seem make sense, also hiring good looking kids too, nobody want to have a plastics looking kid.😂
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Yeah, I heard about digital payments being the norm now in China. Just surprised kids are running away from the envelope. Where I live kids are supposed to pay respects of sort when it is handed to them. Maybe it's just a mainland thing?
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Digital payment has been taking the world by storm in the last few years, I didnt get very familiar with that prior to 2008, I think my first encounter with a truly reputable digital payment processor would be around 2013-2014, many earlier prototypes are usually scams, anyone remember liberty dollar? However there would be no turning back to physical money, everything you can bought over the internet ship from the China that only accept digital payment, new generation kids can never remember the cash ever existed.
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it's fake because...... you don't agree on how they celebrate? having different views and culture doesn't mean one's festival is fake. just curious what your criteria of a genuine festival?
yes, parents for rent is also a thing in China I read an article about it a few years ago but kids usually rent a parent for a school-related issue(which is funny and sad at the same time)
and the hire a BF and GF is usually to stop the parents from asking their child to get a boyfriend/girlfriend and start a family.
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Its also a need to take note that you should hire a model gf for the acting, you dont want the sjw aunts to judge the look on the future off-spring.
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Digital currency will manage by parent how to know their children using bitcoin for buying something, good and best ideas is use bitcoin and digital currency payment for his child and give good effect for many parents in China know where and when their children use bitcoin as transaction payment.
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Im not sure they are savvy enough to analyse the transactions made in bitcoin, without the use of very sophisticated tools and softwares, its close to impossible to track that, many of them are attributed to guesswork without solid foundations, it would always the kids themselves know the spending much better, the only plus is that every payment leave a record on the network for investigation, which is much transparent than offline cash which usually leave no record at all, thus we have black market transactions.
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