Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
entomology
on 21/06/2015, 23:31:52 UTC
My girlfriend has her own business & a lot of her supplies are made in China, it's the Dragon Boat Festival this weekend so literally all of China grinds to a halt this weekend. The factories that supply my partner emailed her to let her know there may be a delay with her deliveries. Any way I just thought I'd mention this here, might be a reason why the BTC price has dipped a bit if it's like holiday season in China, banks are closed etc.
You can read about the festival here -  http://www.chinahighlights.com/festivals/dragon-boat-festival.htm

 Dragon Boat Festival is a normal holiday in china. Only one day for this holiday, so Monday is holiday in China. But bank will still open in this kind of holiday. Actually, all the charge portal for virtual currency trade website were banned in China. We need to find other private way to invest money in this market like okcoin,huobi,btcchina.