Quote from: ntsdm1 on November 25, 2019, 02:48:47 PM

Quote from: Astargath on November 22, 2019, 07:46:30 PM

https://www.coincurb.com/news/china-unlikely-to-have-caused-recent-bitcoin-crash/

I don't think China was the cause of the 'recent' crash. Bitcoin has definitely been in a bad downtrend for weeks now. I'm sure these 'news' about China didn't help but that's not why Bitcoin has been doing bad all these weeks.

Why blame China for all the troubles?In any case, those who had significant assets were guilty of a market collapse.But agree it is absurd to think that all the rich people live only in China.

It seems to be a scapegoat. It also seems that most people, including analysts, tend to ignore the fact that the market sometimes moves abruptly in one direction without any external factor.