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comment by mk
mk  ·  3362 days ago  ·  link  ·    ·  parent  ·  post: The price of BTC is dropping precipitously.

It may be true. However, I don't know if BTC demand was that proportionately high at that time. My sense it that every exchange was doing higher volumes, particularly Mt. Gox. No doubt Chinese have the potential to create very powerful demand.