This would require some statistical analysis to determine the correlation if any between the Yuan and bitcoin. In finance there are many extraneous factors that could influence price movements. Even so, correlation does not prove cause but only a relationship. This kind of analysis is time consuming and involves so many factors. Bitcoin as any currency is also subject to price manipulation by large holders. Maybe satoshi is the equivalent of the bitcoin federal reserve still pulling some strings. The conjecture could be endless. If Consumer News and Business knows the reason why something crashed then how come they didn't predict it?
Thanks for your post. Great info!
Yeah, I totally agree with you on that one! Thank you for the feedback :) It will be valued. The CNBC should have made a prediction as they could have let others know what was coming, but they decided to 'not bother' you could say and let it go without a trace, if you kind of get me :) Thank you :) (I like smileys a lot!) :D