– China Launches Bitcoin Crackdown: PBOC Will Probe Abnormal Investor Behavior “And Rectify Misbheavior”:
On Friday China fully cracked down on Bitcoin, with the PBOC issuing a statement calling the changes in the virtual currency “abnormal”, and urged local Bitcoin exchanges to the platform to “probe investors’ behavior and to rectify misbehavior.“
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Still can’t get my head round it.
Its very being seems ethereal.
Recent massive gains were un-cashable.
Pundits praise it. Hmmmm.
http://wolfstreet.com/2017/01/12/bitcoin-collapses-chinese-latecomers-get-fleeced/