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Maybe this is all Fake News about China and banks... designed to drive down price, buy cheap, and drive price back up by saying China Bank is ok with Bitcoin 
the dump was done as the daily candle changed
manipulation
exactly i have not slept past 20 hours. continuous watching of the graphs from all exchangers on different screen. it seems that only huobi graph is manipulating everywhere. this graph used to be the highest now its the source of freefall. its interresting to know how many people are still holding and how many have abandoned the ship. i feel a major part of " i am still hodling" posts are mostly people who have sold and are now praying for a rise. r people who are so stressed that they dont have any nails left to bite.
there is a huge manipulation from huobi. i am guessing like someone pointed out earlier that they are crashing the market so that their activities look " on point" which also means they have manipulated a lot of the pump and dump recently.
the chineese regulation is certainly something to watch but i feel we are in a "bubble bust" once again and this time it will take a lot of time to recover back not even to the ATH but to stable $800 - $900.. forget about crossing $1000. the way the graph is appearing right now does not show a sign of correction and not even something stable for a few days. every 6 to 10 hours there is a $60-100 drop in the price..
all we can do is wait and watch. and all i can say to those who bought higher is to remember that we have seen fall and rise. just hold on your coins and dont panic sell, it will make the market more frenzy and crash more. i am holding 10,000 bitcoins currently, (which i can sign a few 500-1000 btc addresses to prove that i am still holding and not selling or panicking)
its high time we take the market away from the chineese manipulators.
let the revolution begin.
"bubble bust"
"forget ATH"
"forget about crossing $1000"
"all we can do is wait and watch."
This crash is pretty horrific, and its stressful
We may have bubbled out of control a bit and that had to correct,
But we've definitely overshot the bottom by a bunch.
...
we are made to feel like the whole CNY/BTC market is about to explode, and market trading on THAT feeling.
they cant control the news, but they use price to contorl how we feel about the news.
this is typical F'in bitcoin is DOOMED mayhem...
FUD FUD FUD, good believable FUD that stinks like a DUMP.
buying this is painful... which tells me its probably a good idea.
