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January 04, 2015, 08:37:27 PM |
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first , sorry my poor english. tks google translate!
In China, there are the two largest Bitcoin exchange, they are okcoin and huobi.
There are also some exchanges, such as 796, btcchina.
Bitcoin in the development stage, these exchanges are regular operations.
Until early 2013, some rumors that the Chinese government will soon ban Bitcoin, This trading platform started to use several messages, and weibo (facebook chinese version) to deceive the miners and the general buyer, everybody panic selling after they buy low and then be pushed up the price by denying the rumor, sell high and then get profit.
In April 2013, due to the introduction of government regulation documents, ceo spontaneous exchanges signed file that contains no open futures, do not open the lever.
A few months later, the price temporarily stable currency and a slow climb to $ 600.
Did not last long, the Exchange believes government regulation stop, start tearing up the agreement, continue to open futures and high power lever.
These exchanges were not disclosed large enough amount of margin,And the use of false data, the robot repeatedly refresh trading volume,Other users can even borrow money to short position Bitcoin.
In China, the exchange is the largest bookmakers, using false data to sell currency lower prices, miners and ordinary traders were forced to sell cheap Bitcoin.
Because you can see the user's Exchange futures prices, so the user can easily futures warehouse explosion
The Bitcoin crash because okcoin huobi ddos each other's server, each selling coins, Bitcoin market has become the battlefield of the two companies in China, Bitcoin has been lower than fifty thousand active users, investors less.
In China has 90% of the bitcoin players can not see the future of Bitcoin.QQ group of people praying inside Bitcoin return 0.
Good luck to all Bitcoin enthusiasts.
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