I like the term "China Syndrome" 
And yes, a lot of people are still unaware. I read an article in printed media today saying that Bitcoin is crashing due to the ban on sale of mining equipment in China...
And yes, a lot of people are still unaware. I read an article in printed media today saying that Bitcoin is crashing due to the ban on sale of mining equipment in China...
If anyone care's to read zhangweiwu's articles, providing they are willing to take of their rose-tinted Bitcoin glasses before doing so, they will be left in no doubt that there will be yet more panic sell off's to come before 31st January is out.
https://bitcointalksearch.org/topic/m.4407488
From reading his articles, it can also be understood why Bitcoin is still on fire in China......not everyone is convinced that the government is actually negative on Bitcoin and Huobi and OKcoin are in relation to Chinese culture, acting like fkn cowboys, thus ripping away market share from Bobby Lee's BTC38, who are showing 'obedience' and/or a willingness to submit to the greater authorities in China, which is only wise decision for anyone with a hope of a long term future in China. The people at Huobi and OkCoin will get fkn nailed soon enough, regardless of what the future of Bitcoin in China is to turn out like.
