Saturday, September 16, 2017
China Bans Bitcoin.
So the big news lately is that china is banning Bitcoins in China. So far it is to early to tell the lengths that China will go to get there point across. I am just wondering is China's Government secretly buying up Bitcoin as the price crashes like they did the last few times they soured the market. I would not be surprised if China sold all its Bitcoin around the market high of $5000 (Yes it really hit that much.) And is now trying to buy back its stash. This is all speculation of course but i would not put anything past the Chinese government.