Bitcoin: China's volume moving to Japan?

in #bitcoin7 years ago

"Bitcoin is a Fraud", was the statement made last Thursday by the CEO of J.P. Morgan. And what do you know.... The next day , on the dip, large trade orders on a NORDIC exchange were coming from J.P. Morgan. Hmmmm......

Today's winners in the top 10:

  • IOTA
  • Ethereum
  • DASH

So what is also worth to mention is that after the statement from the Chinese government of last Friday, that all exchanges should stop trading cryptocurrency, overnight Japan's trading volume increased with 20%. Could it be that Chinese Bitcoin and cryptocurrency traders are trading via Japan now?

Other news:

  • Monero & Piratebay
  • W3C's payment integration API including cryptocurrencies
  • Adoption news from South Africa

Sort:  

Gotta love how JP Morgan picked up some bitcoin after this guy calls it a scam. I am personally not worried, I've said it before, I will say it again, China WILL be back.. And of course, this time, with a bigger portion of money going into their pockets. It's a temporary slowdown for them to get their claws into it again and maintain some semblance of control.. They will either allow Huboi or OKCoin or will release their own sanctioned "people's exchange" just wait and see for first week of October for them to announce it.

Totally agree with you :)

that j.p morgan dude should get sued for spreading misinformation or something