Not sure what it is but China has ALWAYS been a huge player in the price of bitcoin.
We have been down so many paths with China in just the last two years that it makes you dizzy.
One moment China is banning all miners and than the next they are passing a law to allow bitcoin and cryptocurrency within some form of regulations.
It seems they constantly play this game.
Every time a huge sell off happens China is most likely behind it. Than they release something positive and the price jumps by 40%
Talk about price manipulation. All China has to do is open it's mouth and gobble up billions of dollars.
What is your take on this?
Is China just up to their normal manipulative tactics still or are they actually getting serious about crypto ?
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China are taking over the owrld and also taking over bitcoin, already have the most miners, the state can confiscate at any time, the state will run the bitcoin mining and industry. They will have one of the first global state digital currency in the cashless era ahead. They already have the equivalent of the FB Libra coin - in Alipay and Wechat. And they play dirty as the worst of them!
Maybe wanted a pump to help their miners and grab some easy cash
Maybe wanted a
Pump to help their miners and
Grab some easy cash
- bobreedo
I'm a bot. I detect haiku.
Looks like a pump, but I hope it lasts. High tides raise all ships. Steem 2 ? 😂