Post
Topic
Board Speculation
Re: Over 700$ in China now. The West is following soon.
by
Biodom
on 12/06/2016, 21:47:31 UTC
and who said that we rose because of chinese?

Very simple! The price of Bitcoin says so:

Huobi price: $713

Bitfinex price: $672


that is nothing, it just reflects the speculation level.
so, what does btc-e low price reflect?
if anything these prices reflect that chinese exchanges are more speculative, as mtgox price was higher than every other exchange for months before going tits up.