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Topic: 2014-04-05 Cointelegraph - China Bans Bitcoin? Not So Fast (Read 622 times)

legendary
Activity: 3752
Merit: 1217
I have a feeling that the events in China will affect Litecoin more than the Bitcoin. Because, there was a sudden jump in the BTC / LTC exchange rates during the China boom. Many of the Chinese bought Litecoins, because they thought that the Bitcoins were a bit overpriced.
legendary
Activity: 1049
Merit: 1006
China Bans Bitcoin? Not So Fast

http://cointelegraph.com/post/china_bans_bitcoin_not_so_fast

<< In recent days, the Bitcoin exchange rate has fallen yet again - by 200 US dollars, almost touching the 400-dollar mark per 1 crypto-coin. Once again, the drop was triggered by negative rumors from China, one of which was proven to be false while the remaining so far were unconfirmed. >>
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