Post
Topic
Board Speculation
Re: Hong Kong Protests Causing Bitcoin Flash Crash
by
rugrats
on 05/10/2014, 11:03:14 UTC
Hong Kong has become the center of mass protests and demonstrations aimed at bringing the current communist state to its knees. Thousands have lined the streets in a final attempt to defeat the government. However, Bitcoin has also become a victim to these clashes, as many have reported that it has also suffered in the wake of these events.

Bitcoin has long been a favorite source of investment for many Asian investors and entrepreneurs. With over 60% of all bitcoins traded as part of daily volume originating from Chinese and Japanese investors, a sudden shift in investor trading results in a massive shockwave being sent throughout the Bitcoin markets.

Source : http://www.coinssource.com/hong-kong-protests-causing-btc-flash-crash/

In the spirit of making random associations and inductive fallacies, how certain are we that Bitcoin's price drop is not caused by a superflare originating from a star in the Canum Venaticorum system?