After being wary of all those new Altcoin pump and dump twitter accounts, no one was looking in the other direction.
Lets take a moment to remember what those in power do: use that power.
With a dumbed down populace due to the great Firewall, throw some pro Bitcoin messages on the media, and buy up. When we've double topped, dump, and start the flow of bad press.
A simple yet brilliant plan at the same time.
Good point!
China have went from tacitly promoting Bitcoin to totally fkn nailing it within the space of just a few weeks.
In centralised command and control nation such as China, something very fishy about the whole sudden U-Turn.