Chinese bitcoin traders lost track of authentic price

[Kevin77]

Without an exchange that allows bitcoin withdrawal, the price has lost its value.

But bitcoin once again proved like it does not depend on only once country traders/investors. In a slow and strong volume it reached $1060 levels which is the victory of decentralization and we can be happy for still bitcoin market is being independent of one country's manipulations (which was an assumption with early rallies).

Interestingly, Chinese exchange prices are lagging compared to rest of exchange prices which means there were not enough trades are happening on Chinese exchanges.

[Soros Shorts]

Without an exchange that allows bitcoin withdrawal, the price has lost its value.

What do you expect? The market has been artificially dislocated by the Pork Bone of China ruling. The lower market value represents the price of coins that you cannot immediately use for a month.

[cellard]

It was about time that the bitcoin price got rid of the burden of china. Now the bitcoin price is no longer depending on the stupid ass OkCoin exchange, it is it's own entity now, as it should be. Bye bye China, we will not miss you.

Without an exchange that allows bitcoin withdrawal, the price has lost its value.

What do you expect? The market has been artificially dislocated by the Pork Bone of China ruling. The lower market value represents the price of coins that you cannot immediately use for a month.

So is Soros king of the Shorts going to short BTC if the ETF is not approved? that is the question.