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I remember the last time something China related happened in 2013 or something. I forgot the exact news but it sent BTC tumbling back to $200-300 in next couple

I remember the last time something China related happened in 2013 or something. I forgot the exact news but it sent BTC tumbling back to $200-300 in next couple of years before it came back up. If you believe in China's influence that much, then better wait it out. There should be much better price to be had.

toss1 9y ago
Yes, this is becoming a textbook example of the situation where the old investment adage applies: "Don't try to catch a falling knife..."
thephyber 9y ago
> I remember the last time something China related happened in 2013 or something. Are you conveniently forgetting the first few weeks of this year? They changed their policies towards cryptocurrencies in a way that wasn't quite clear (rumors were that "China is banning cryptocurrencies!" and "Chinese exchanges are closing!"). The reality of the regulatory change was tiny in comparison to the rumors, and many people profited from the short term rumor noise.