Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
^fake news
lmfaoQuote
There are a lot of people shorting bitcoin now, one because of the regulatory environment, another because the price is relatively high, said Tian Jia, a Beijing-based trader of bitcoin. The fact that PBOC continues to look into this issue might make people think that the whole thing isnt over, and based on past trends, whenever the central bank holds meetings with exchanges the price will drop.
bloomberg was surprisingly quick with this one. they almost brought it before the dump...
No shit. And then they went back in literally within minutes and edited/updated the article to reflect the price action, adding sensational words like "plummeted", cherry picking a recent chart from the last half hour. All in real time.
They were just waiting on the drop from their "buddies".
Now tell me again how the media is not in bed with bitcoin manipulators?
I think the PBOC's manipulation power is dwindling as we see now the real volume of Chinese Bitcoin trade. China is still strong in Bitcoin but not that dominant many believed only two months ago ...
I've been on this forum for years now telling people that bitcoin buying/selling is not primarily driven by the Chinese people, and trolls made sure to come out and try to stomp on my posts every single time. Now they can see the truth.