Post
Topic
Board Speculation (Altcoins)
Re: China ranked ethereum as #1 and it has been dumping hard ever since?
by
Darker45
on 19/05/2018, 01:30:21 UTC
https://bitcoinist.com/china-release-cryptocurrency-ratings-ranks-ethereum-1st-bitcoin-13th/

there was some commotion about this and they finally named ethereum as number one!!! and as soon as they did this everyone started dumping ETH....

why do you think that is? was this a confirmation of its centralization?

Is this source reliable? I have not noticed some significant dumping of Ethereum lately. There was a slight decrease in price though but it was the same with other altcoins and Bitcoin too. But if this is reliable story then that means the chinese people are not influential in their rankings and what they have to say about crypto. I do not give much credit to the chinese either. They tend to be greedy and manipulative.