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Topic: 2013-12-05 bitcoinnews.cz: What is behind the huge drop price of bitcoin? (Read 877 times)

legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
There was a huge drop? Where?  Roll Eyes
sr. member
Activity: 252
Merit: 250
It was an opportunity for cheaper coins again... and I missed it sleeping.  Damn it, I'm never sleeping AGAIN!

TC.

So you think that 850$ is cheap while 1000$ is expensive? I think you are trying to sound bullish but you end up sound ridiculous instead.
sr. member
Activity: 418
Merit: 252
Proud Canuck
It was an opportunity for cheaper coins again... and I missed it sleeping.  Damn it, I'm never sleeping AGAIN!

TC.

Ah, my laugh of the day!  Cheesy  Thanks!
sr. member
Activity: 448
Merit: 250
And it recovered nearly all of that by the time I awoke. Now we're only in the red by like $150. People need to chill, whenever we go below $1000 it pretty much means a great buying opportunity.
member
Activity: 114
Merit: 10
You can't be Serious?!?
It was an opportunity for cheaper coins again... and I missed it sleeping.  Damn it, I'm never sleeping AGAIN!

TC.
sr. member
Activity: 252
Merit: 250
It's not a huge drop. It's just a flash crash and price will recover fully before the day ends.

tl;dr: China says:
Bitcoin is not currency but it is a commodity.
Banks should not use bitcoins but online exchanges are fine to provide services as long as they comply with aml/kyc laws.
newbie
Activity: 7
Merit: 0
Bitcoin Price Crashes as China Outlaws Bitcoin for Financial Institutions:

"..[China] central bank is telling the nation’s financial institutions not to deal with bitcoin, it said individuals are free to buy, sell and use the cryptocurrency, if they wish, but they must take on the risk themselves.."

http://www.coindesk.com/price-crashes-china-outlaws-bitcoin-financial-institutions/
newbie
Activity: 8
Merit: 0
Today, the price fell Bitcoin points more than 300USD. What's behind it? Again, it's our Eastern superpower China.

http://www.bitcoinnews.cz/en/what-is-behind-the-huge-drop-price-of-bitcoin/
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