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0 pointspeteretep12y ago0 comments

How do you know that that's why it's risen? Why does that not justify a 50% rise? Why does that imply the price will suddenly crash? Is this idle chat, or have you attempted to significantly short bitcoin somehow to take advantage of the financial gain from your certainty?

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kolinko12y ago

It's probably not just Baidu, but it definitely has something to do with chinese.

See this: http://bitcoinity.org/markets/btcchina/CNY (click 6 months and compare to USD) - the Chinese Yen volume was off the charts recently, and during the past day was approx. 40% of the USD's volume. It seems as if Chinese began buying into Bitcoin.

j / k navigate · click thread line to collapse

0 pointspeteretep12y ago0 comments

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kolinko12y ago

It's probably not just Baidu, but it definitely has something to do with chinese.

j / k navigate · click thread line to collapse