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??
agree, remember when stamp was down for one month or so? price was completely flat for the whole time. as soon as stamp launched again price fell like a stone. so THAT where your leader is. china is just a marketing gag that mainstream press loves cause it makes a good story.