Am I alone in thinking that Chinas manipulating the crypto market? It seems every month the alts go crazy, followed by an immediate dip in btc. Then some sort of press release about how Chinas government is imposing restrictions on btc. Then in 2-4 weeks market recovery, another press release about the Chinese government is considering letting the people use btc in a private capacity. Same thing happens all over again. For a communist country the citizens sure do have a lot expendable fiat for btc. It almost seems like a money grab. The whales are in China. My name is Mr paranoid.
Posted on: Fri, 24 Jan 2014 23:48:39 +0000
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