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Topic: China selling.. America and others buying..? (Read 324 times)

sr. member
Activity: 280
Merit: 250
January 05, 2017, 11:36:37 AM
#2
Is this a transfer of bitcoins from the weak hands of the Chinese to the strong hands of everyone else..?

American exchange are now above the price of the Chinese, hasn't happened in a while. (Above the price as in if you convert on to the other it's selling higher on the American ones)
I believe so. Someone mentioned the Yuan strengthened last night, but I haven't had a chance yet to read int'l financial news.
legendary
Activity: 1722
Merit: 1000
Is this a transfer of bitcoins from the weak hands of the Chinese to the strong hands of everyone else..?

American exchange are now above the price of the Chinese, hasn't happened in a while. (Above the price as in if you convert on to the other it's selling higher on the American ones)
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