Quote from: thejaytiesto on February 13, 2017, 04:25:30 PM

Quote from: manselr on January 22, 2017, 11:48:27 PM

China is just playing his cards... it's all about timing. They are dropping all those small bombs, trying to constantly dip the price and profit from it. It's obvious there are some people out there with insider information getting rich with all those dips that happen whenever the PCOS has to say anything, notice that it doesn't matter what they are saying, but when. The result is always the same: a dip.

But that has a short lived effect, eventually they will run out of steam, once all the cards are used, they will have nothing left, all those programmed dips will not happen again and Bitcoin will rise higher than Huge Black Woman's diabetes.

I agree, and looks like they are running out of cards on their deck, and once that happens, the party is on. We will basically have a bunch of idiots that panic sold their cheap bitcoins to the chinese government. I have no doubt in my mind that the chinese government is creating secretly a stack of bitcoin to store long term and become the #1 world ranked country of bitcoin reserve. Bitcoin is the new gold and china will dominate if the rest of the countries dont wake the fuck up and start buying.

On the contrary isn't the being active of PBOC in implementing AML/KYC to their exchange is a preparation for the approval of ETF? It is possible that PBOC have knowledge about the result of the decision of SEC regarding ETF and they want their exchange to be ready when it is approved?