West should make their mind, they should make another push and not depend on China, right not OKCoin is forming a double-top and if we let China decide we will go down.
we can't simply not fallow china and leave a huge spread between USD/BTC and CNY/BTC.
furthermore, i dont expect a double top, there was a bump in the road that is all, we WILL close above 580 today.
buy Buy BUY!!!
or die.
Probably, it would be safer for the various investors in the exchanges to attempt to stay synchronized in their pump and dump, but yeah, there is always a bit of a lacking of coordination because there is an incentive to be the first to dump if the price reverses... or to be the first to pump and then sit back.
Isn't that a kind of prisoners dilemma with non-coordinated and self-interested actors?