Poll
Question: Closing BTC Price June 28:
$0 - 5 (2.6%)
<$7,000 - 4 (2.1%)
$7,000-$7,499 - 0 (0%)
$7,500-$7,999 - 0 (0%)
$8,000-$8,499 - 1 (0.5%)
$8,500-$8,999 - 3 (1.6%)
$9,000-$9,499 - 4 (2.1%)
$9,500-$9,999 - 27 (14.2%)
$10,000-$10,499 - 26 (13.7%)
$10,500-10,999 - 15 (7.9%)
$11,000-$11,499 - 14 (7.4%)
$11,500-$12,000 - 17 (8.9%)
>$12,000 - 59 (31.1%)
>$20,000 - 15 (7.9%)
Total Voters: 190

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21253893 times)
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JorgeStolfi
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June 11, 2014, 07:35:46 PM

For whatever it is worth (via Google Translate):

比特币两月狂涨80% 起死回生还是回光返照
Bitcoin two months shot up 80% to revive or supernatural
Sina Finance, 01:12 on June 5, 2014
http://finance.sina.com.cn/money/lczx/20140605/011219315838.shtml

Quote
[... ]
"Daily Economic News" reporter from the K -line pending Bitcoin Chinese market noticed from early April bitcoin lowest price 2419 yuan / BTC to June 3 up to 4211 yuan / BTC, or nearly 80 percent , yesterday afternoon, 18 point 19 points , bitcoin prices fell slightly to 3975.31 yuan / BTC.

Recently, Apple App shelves and allows the virtual currency Bitcoin Paris opened its first center in the industry have been interpreted as good news Bitcoin .

Bitcoin senior players Songhuan Ping told the " Daily Economic News" reporter , "My view is very simple, well bitcoin domestic development , particularly in the United States, Britain and other places. Law gradually clear , mining costs are increasing rapidly , Bitcoin directly raise the price . "

"Now Exchange , mining machines , payment, consulting and other fields have a lot of competition in these areas if all goes well , there will be a heavyweight domestic companies ." Songhuan Ping said.

However , a senior adviser to the Royal Bank of Canada by Chen into the "Daily Economic News" reporter , said Bitcoin market is still too small, the scale of billions of dollars , a few large easy to raise its price . If there is no volume prices, it is possible pitfalls. "The recent rise is clearly Bitcoin Makers eating short sellers , some of the people who lost a lot of short while before Bitcoin prices also plummeted dealer in the harvest. Bitcoin access to financial markets after more than a casino also black , flicker quite a few retail investors ."
[ ... ]