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Now bouncing down to 860 ...This thing is super volatile. What would be considered a major crash? Halving the value is one of the 4 crashes BC has had from what I read. But it bounces back up quickly. This indicates that trading is done very quickly but from what I've read here it takes days to make a trade?
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Wow. I am a complete newbie here but this looks to me like a crash happening right now. From a price of $1200 yesterday it is now bouncing wildly between $920 and 945.
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Could it be that the Chinese gov. is worried that bitcoin will take away their tight controls over every aspect of the peoples life. Freedom for the people! I can see how the Chinese people will love bitcoin. For one, it can be used as a very volatile (risky and potentially profitable) speculation tool. Secondly, it isn't controlled by any big company either government controlled or government influenced. Which means it has a certain amount of political freedom. I don't know. I am guessing. Am I right?
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Wow! So many pages of posts from people wanting to be whitelisted. Well I'll add my bit here too as it seems to be the place to add a fairly meaningless post (mine that is) just for my number of posts to increase by one! Can I be whitelisted please? My reason is that if I see some interesting stuff in the other areas I'd like to be able to comment, ask questions, etc. I promise I won't be nasty, I will respect all the others here and behave in an appropriate manner! Thanks Matt
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