Quote from: Ron~Popeil on June 03, 2014, 11:29:07 PM

Quote from: okthen on June 03, 2014, 09:38:52 PM

Quote from: Ron~Popeil on June 03, 2014, 08:56:34 PM

Quote from: mediogreFIN on June 03, 2014, 08:12:40 PM

I believe it was mostly because of sudden interest from people in China but also with exchange(s) manipulating markets. At the same time there were lil' bit of hype, lil' bit of new partners and all new fresh wave of people that took the step from being speculator jumping in shoes of bitcoin owner.

Quote from: dukegamsta on June 03, 2014, 07:39:26 PM

well what drove the chinese interest in bitcoin?

Poor people wanted freedom (they don't have minimum wages so they really really don't get paid well.. some of them bought some btc in hope that it will raise)

Then there's also the people that have some money (there are also jobs that pay well.. and someone also owns those factories where the "slaves" work for almost free)

Some farmers managed to fulfill their dreams with bitcoin.

--

I believe that we will get Chinawave part 2 and also i think that we could get Russiawave, Indiawave and massadaption in western countries (US&Europe).

Also there are many new spectators.. many of those are sceptic but when someone they appreciate says something good about bitcoin, they will join in btc-community..

If the far East wants to sit on the sidelines of the peaceful revolution they do so at their own peril. It took them long enough to even get within sight of the industrialized economies. To take a step back now would be senseless and tragic for their people.

I think they'd be stupid not to get on board.
But then, I recall that they have a lot of internet censorship still. So maybe their governments aren't that bright...

State run media and command economies tend to create an echo chamber. You would think they learned that innovation is a key part of a healthy society when they murdered all the innovators during their revolution.

I wonder if they have a way out of it.
So many years of brain washing and controlling, even if they become a real democracy tomorrow, it would take decades to change mentalities...