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Re:China orders Bitcoin exchanges in capital city to close by pja on Wednesday September 20, 2017 @03:57AM (#15291611)
& if you want evidence of this cycle in action for BitCoin, try this:

“The price of BitCoin has a 91% correlation with Google searches for BitCoin” http://uk.businessinsider.com/bitcoin-price-correlation-goog...

Obviously BTC can be in a bubble & whilst still having real value - the two things are not necessarily connected. (Although having a good future value story is helpful for a bubble to form in the first place I would argue.)

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