Quote from: MahaRamana on June 01, 2014, 07:37:44 AM

Quote from: Threebits on June 01, 2014, 07:29:00 AM

Quote from: pinky on June 01, 2014, 07:19:45 AM

Quote from: YipYip on June 01, 2014, 07:08:39 AM

Quote from: Parazyd on June 01, 2014, 07:05:54 AM

Why would Yuan collapse? It's as good as ever.

Huge banking sector bubble similar to japan in the late 80's

The whole world is in bubble and no one knows when and if things will collapse. Many well-known people (banking, hedge funds) are saying China will collapse, USA will collapse, Japan will collapse, EU will collapse, stock market will collapse, etc., but so far they are 100% wrong for many years since financial crisis and people listening to them are losing money not participating in the markets!

Some are even saying BTC has no future and is doomed to fail, but 100x gain in one year shows you how no one has a clue what's going on. I am just saying markets are irrational and things can go on like this for years and years.

Huobi is currently $10 higher than that of stamp. Will China take lead for this rally again? If so, why China always takes lead?

Irration does not explain this. There must be something else behind.

Capital controls actually make bitcoin more attractive to wealthy chinese than to wealthy people living in free capital countries. People in free capital countries know they can enjoy their money wherever they go in the world. People in China not. What is better for them than to hold some of their wealth in BTC ?

We have a winner!