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RE: Bitcoin Trend 05-09-2016

in #bitcoin8 years ago

G20 hinted at a possible Yuan devaluation so the Chinese started buying up BTC. A Yuan deval is definitely possible in the near future so Bitcoin could be looking at a strong run into the end of the month when the IMF includes the Yuan into the SDR basket of currencies.

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Ok, is BTC legalized in China? This would screw up the price :-)