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Speculation
Re: Why the sudden fall to $700s after stable $900s?
by
BellaBitBit
on
11/01/2017, 21:59:56 UTC
Quote from: alecmerkel on January 11, 2017, 09:36:19 PM
Just found this. It's a couple of hours old but it is some insight on what's going on in China.
https://www.bloomberg.com/news/articles/2017-01-11/bitcoin-price-slides-as-chinese-officials-inspect-local-exchange
Indeed interesting and maybe this could be part of the reason for big drop but isn't China always going in and out of banning/regulatory mode with Bitcoin? It will be interesting to see how they will attempt to regulate.