- So, what coordinated message today was delivered to maximize the impact? https://www.viabtc.com/announcement/detail?id=11 I wonder which exchange it will be tomorrow.
- Any one of these guys, I’d guess OKCoin and Huobi, but they might drag their heels over enforcing a ban to prolong this as long as possible. But why would they time their messages to prolong and increase the damage to Bitcoin? Are they not incentivized for it to do well?
- Yes, yes they are, financially. But how do you make the best out of a temporary negative situation, financially speaking? “It is hard to believe that China intends to exit a market with so much potential upside. Even the apparent ban on ICOs seemed to be more of a stopgap in order to get some policies in place,” English said. “If anything, this example shows the volatility of the space and that some market-makers can likely take advantage of an unclear news cycle to create a sell-off and buy back opportunity.
- For example: Bitcoin fell to $2990, and jumped to $3335 within 15 minutes.
REDDIT CREDIT: https://www.reddit.com/r/Bitcoin/comments/709hed/probably_jp_morgan/
- Even if it isn’t temporary, Charlie Lee still think’s it’s a good thing.
I guess he’s got a point, should this be permanent. Still it would be a shame for 1.4 billion or so people to lost out on crypto.https://twitter.com/SatoshiLite/status/908379371571863553
- SatoshiLite - But what are we seeing in the market right now? What’s this, green? :O This is gonna absolutely snowball. Assuming that there is no more bad news, this is really really exciting times.