Bitcoin Forum
June 21, 2018, 09:01:45 AM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: [2016-09-04]Rapid Bitcoin Price Surge; Yuan Devaluation & Market Recovery  (Read 205 times)
WishICanTurnBackTime
Full Member
***
Offline Offline

Activity: 238
Merit: 100


View Profile
September 04, 2016, 03:56:05 PM
 #1

After a month of dreaded stability, the price of Bitcoin began to surge rapidly, increasing from US$590 to $610 in a matter of hours.
Amidst many speculations, financial experts believe that the ongoing rally in Bitcoin price is highly affected by an unexpected devaluation in Yuan announced during the G20, an international meeting of the governments and central bank governors from 20 major economies.

http://www.livebitcoinnews.com/rapid-bitcoin-price-surge-yuan-devaluation-market-recovery/
1529571705
Hero Member
*
Offline Offline

Posts: 1529571705

View Profile Personal Message (Offline)

Ignore
1529571705
Reply with quote  #2

1529571705
Report to moderator
1529571705
Hero Member
*
Offline Offline

Posts: 1529571705

View Profile Personal Message (Offline)

Ignore
1529571705
Reply with quote  #2

1529571705
Report to moderator
1529571705
Hero Member
*
Offline Offline

Posts: 1529571705

View Profile Personal Message (Offline)

Ignore
1529571705
Reply with quote  #2

1529571705
Report to moderator
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
Dinki
Full Member
***
Offline Offline

Activity: 181
Merit: 100

Incent


View Profile
September 04, 2016, 11:47:06 PM
 #2

So the increase in demand came from China,  I thought it came from the early Christmas shoppers. Guess I was wrong Roll Eyes

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!