Bitcoin steadily rising over $700 (again)

Do you expect another large market sell order at $900

The Chinese are buying it like mad, I watched fiatleak for two hours and out of 21,000 bought China was over 17k of them.

BTCChina hit 5000 yuan thismorning, I think it's just a matter of time before a few too many mil/billionaires around the world want/need to buy in.

Mt. Gox is seeing large spikes and is now at $736.

What fascinates me is the utter lack of action from Places like Russia, UK and South Africa.

Japan has a bit of action going on.

Can you imagine is somewhere population dense like India started getting involved?

At this rate out of the 21 million cap, 17million would be in Chinese Hands, Winkietwins unborn children would have their 2 million and there would be 3 million left for the rest of the world.

Hard to see it being a global method of commerce with those figures.

Looks to me like China want a different way to pay for oil.

Russia is home of BTC-e.com which is a huge exchange site, so there is some action there.

I'm pretty sure the 21million coins won't be mined until like year 2140, so unless they drastically change how much is in each block that get mined, there will be a huge demand for coins since the Chinese are going to start buying out all the exchanges. Coinbase had to stop selling do to a shortage of coins over the past few days..