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A comment on Bitcoin Tumbles as PBOC Declares Initial Coin Offerings Illegal. Parent comment

Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I... by Vadoff on Monday September 04, 2017 @07:09PM (#15171398)
The price of bitcoin was correcting many hours before any news of the China ICO restriction. So yeah probably completely BS correlation.
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Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I... by vkou on Tuesday September 05, 2017 @02:54AM (#15173035)
Or, more likely, informed insiders capitalized on this information.
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Re:Bitcoin Tumbles as PBOC Declares Initial Coin Offerings I... by Cybourgeoisie on Tuesday September 05, 2017 @08:12AM (#15174370)
While I'm inclined to believe this, the big sell off triggered by this news started at the same time that the news was made public. You can view the rapid drop in Neo (heavily affected by the ban) started in the same 15 minutes when the news broke.
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