Quote from: leopard2 on April 10, 2014, 08:52:07 PM

Quote from: roslinpl on April 10, 2014, 01:49:11 PM

Quote from: YipYip on April 10, 2014, 03:56:51 AM

I am so over this never ending story.... Its been known for the last 2-3 months for fuck sake

Fuck the chinese and the horse they rode in on BITCOIN > CHINA

Why do we need them ...really ...just like gox, disappear and be done with it

I agree ... but we must know that China was a huge part of Bitcoin society ...
I guess 50% traders were from China ...

But I think so too! We do not need them. And I am 99% they will never abandon Bitcoin ship x)

AFAIK around 60% of volume was Chinese

So 400-500 would be the neutral China free price. However there was Gox, and there is a lot of emotion now, we could go as low as $260-270, back to the old high last year.

That high of 266, btw., was achieved without almost any Chinese speculation at all.

And infrastructure is much, much better now. THE FALL FROM 266 TO 50 WAS BECAUSE OF MTGOX TRADING ENGINE DELAY REMEMBER?

I wish there was good info on how much BTC is actually owned/sold by Chinese and how much of this drop is caused by Westerners panic selling Sad

I agree it was us white devils that actually broke the 400 mark...

It is a dark day for crypto @ the moment I still have 75% of my fiat on the sidelines ...

The fundamentals will turn the market soon ... currently both LTC & BTC cant be mined for the prices that are @ spot ...at some point the this will start to bite by miners wont sell for less than there cost base or there will be wholesale removal of hash power from teh network

Sitting on hands until 18th