it's has to do with their huge volume, even if we can consider a portion of it to be fake, it's so huge, that it could still be far awar from other not-chinese exchange
manipulation or not, if the price can increase i'm all for it, i'm tired of that 230 stuck mark, that we see all the time, the market need a movement, toward the sky possibly
Topic: Is it China again? - page 2. (Read 1603 times)
It is known that most of the tanking usually comes from chinese exchanges, as most of the market volume is there (if we believe their volume, due to 0 fees and everything)
But when you note that the price is moving steadily from ~230 all the way to 275 of other exchanges as well, it's a very good sign that the volumes are indeed real and the
prices wont retrace much lower at this point. Honestly, i really think that this is just a start of another hype, which could very well last all the way to halving point, and further.
But when you note that the price is moving steadily from ~230 all the way to 275 of other exchanges as well, it's a very good sign that the volumes are indeed real and the
prices wont retrace much lower at this point. Honestly, i really think that this is just a start of another hype, which could very well last all the way to halving point, and further.
It might be that china wants BTC price to rise and are pushing it through exchanges.
But as the people will go there to sell /arbitrage, price will surely go down.
But as the people will go there to sell /arbitrage, price will surely go down.
The price in the exchanges like Huobi,BTCCHina,Okcoin, is around $15-$18 higher than the current market price.Is manipulation again taking the charge?
http://www.coindesk.com/reality-chinese-trading-volumes/
http://www.coindesk.com/reality-chinese-trading-volumes/
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