Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Torque
on 22/06/2016, 11:50:35 UTC
So this all makes perfect sense, eh?

Weeks and weeks of excitement and price rise on all exchanges.  People were saying China was leading, providing 90% of the volume, and couldn't get enough.

Then an auction ends.

Then an exchange has network problems and goes offline for a bit.

Meanwhile price plummets.

Exchange comes back online.

But now we're at -130/btc, and all trading has essentially come to a complete halt.

Makes perfect sense, right?  But...but.. China demand?? Right??  Fellaz??