In the past weekend, two records were created. Chinese spent 168.2 billion yuan on Alibaba’s e-commerce platform on 11 November alone. The other record happened in the cryptocurrency market. BCH, one of the CST of Bitcoin, peaked at 0.5389 btc or ~2,800 USD at that time. It’s mostly agreed that it’s another classic pump and dump trick, from which manipulators are trying to harvest profits from derivative trading and exchange trading. Jiang Zhuoer, who is considered one of the pushing hands behind the show, said today that he had dumped all BTC and bought 50 million worth of miners instead.
http://news.8btc.com/jiang-zhuoer-i-have-dumped-all-btc-and-bought-50-million-worth-miners-instead
