Okcoin/ Huobi is owned by China Government

[abs350]

The latest pump is coming from China everybody knows that. China is smart and obviously interested in buying bitcoin. If they wanted to buy it they would have a problem because of the thin liquidity. Think about it. If you were in the Chinese government the best way to hide your buying would be to start an exchange and create alot of fake volume.

Add to that since OkCoin/Huobi started there has been alot of weird manipulation and the price has been much harder to predict. It all points to one big whale moving the price deliberately to cause confusion.

Who is OkCoin/Huobi and what are they doing? Something suspicious is going on there for sure.

[Alley]

Price rises $10 and you think it's a conspiracy?

[Denker]

Even if that would be the case, what I doubt, there is nothing I would be worried about.
This would only mean that this government is indeed smart and understands how the monetary future might look like or where we are evolving into.
Furthermore the chinese exchanges can get manipulated much easier because fees for transactions are zero.
You can play ping pong with your own accounts.

[Pab]

The number of stupid posts about China is beyond limitations If China gov will buy bitcoin through whatever exchange than btc price will be 4k$  not 400$

For what to  buy,thay can  mine more and keep low price to kill competition

[lexuz]

i guess manipulation price is already see it before price jump much like now, it's normally. you shouldn't scared with manipulation price by china market if you still take profit from every situation/time.

[Indianacoin]

All these are none other than fake rumors.

If Chinese Government bought bitcoins through OKCOIN or HUBOI, then the price of 1 BTC will be at its highest peak ever to be imagined.

Anyways, BTC is still at around $400 so no need to spread these false rumors now.

[abs350]

China government will buy slowly. Dont forget they have the best professionals who can do the trading (they are very experienced traders) who can hide everything. They can avoid increasing the price too much, just buying slowly so everyone thinks it will go down. Then one day the price ends up very high and people suddenly realize the situation. But only after the price is $10,000

[Gotumoot]

All these are none other than fake rumors.

If Chinese Government bought bitcoins through OKCOIN or HUBOI, then the price of 1 BTC will be at its highest peak ever to be imagined.

Anyways, BTC is still at around $400 so no need to spread these false rumors now.

The Chinese government do not have to buy through exchanges. It just need to buy from farms directly.

[n2004al]

The latest pump is coming from China everybody knows that. China is smart and obviously interested in buying bitcoin. If they wanted to buy it they would have a problem because of the thin liquidity. Think about it. If you were in the Chinese government the best way to hide your buying would be to start an exchange and create alot of fake volume.

Add to that since OkCoin/Huobi started there has been alot of weird manipulation and the price has been much harder to predict. It all points to one big whale moving the price deliberately to cause confusion.

Who is OkCoin/Huobi and what are they doing? Something suspicious is going on there for sure.

So practically you are telling that we have the Government of China who need bitcoin to "cure" its finances. The second world powerful economy need to own/create/buy only one exchange within a country in order to buy in a hidden way bitcoin. Because need those to invest in all the world billion of dollars in millions projects. Cannot have such courage to wonder such situations. 

[Amph]

All these are none other than fake rumors.

If Chinese Government bought bitcoins through OKCOIN or HUBOI, then the price of 1 BTC will be at its highest peak ever to be imagined.

Anyways, BTC is still at around $400 so no need to spread these false rumors now.

The Chinese government do not have to buy through exchanges. It just need to buy from farms directly.

then the money will just move from one hand to another, what's the point? chinese farm are more greedy than government, since they need to dump for bills

and they are known to run their farm only for profit

[Mieehayii]

are you kidding me? will the china gov copy the agent in bitcoin?

[Gotumoot]

All these are none other than fake rumors.

If Chinese Government bought bitcoins through OKCOIN or HUBOI, then the price of 1 BTC will be at its highest peak ever to be imagined.

Anyways, BTC is still at around $400 so no need to spread these false rumors now.

The Chinese government do not have to buy through exchanges. It just need to buy from farms directly.

then the money will just move from one hand to another, what's the point? chinese farm are more greedy than government, since they need to dump for bills

and they are known to run their farm only for profit

So I think the Chinese farms are not owned by the Chinese government. They are independent profit making organisation.

[European Central Bank]

If the Chinese government can't run a couple of little exchanges correctly it makes me wonder how they make a whole country run. I think they have bigger fish to fry but I'll bet there are some government guys with a little stash. They'll be better updated about the potential of this thing than your average country peasant.

[randy8777]

okcoin and huobi aren't owned by the chinese government. the chinese government can easily buy up all bitcoins in existence even if they cause the price to rise massively. also, the chinese government have had a great chance to buy at sub $100 prices in 2012/2013. these exchanges are definitely up to something, but it has no connections to any government.