Post
Topic
Board Speculation
Re: Why the sudden spike in Chinese volume?
by
ajareselde
on 25/11/2015, 23:07:07 UTC
HUGE spike in volume out of China over the past few hours. Even more than 2-3 weeks ago. Anyone know why?

One can never be certain , but reading up on some yesterday's news from coindesk might be one of them http://www.coindesk.com/visa-europe-remittances-bitcoin-blockchain/
On top of that; the recent run to ~500$ still didn't dissipate, and it's possible that price didn't "found bottom" at 310-320, but rather how that was result of oversell..

“You never can tell with bee's bitcoin.”
― A.A. Milne, Winnie-the-Pooh