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remembering that time, we saw BTC spoke to the ~1000$us mark. my thoughts about his at the time was that the price spike was largely driven by Chinese demand fo
by mr_spothawk 10y ago
remembering that time, we saw BTC spoke to the ~1000$us mark. my thoughts about his at the time was that the price spike was largely driven by Chinese demand for BTC.
Note that the price crashed after Beijing halted BTC exchanges with their state banks.
It could be part of some larger plan to leverage info against the sorts of folks who have enough RMB to help drive the price of BTC to +$1000.
- mirimir 10y agoI've read that Mt Gox, or someone who compromised it, caused the Nov-13 to Dec-14 bubble.