http://bitcoinpricelive.com/chinese-bitcoins-crash-market/
Anyone have any thoughts on this? It sounds plausible to me, but is obviously a huge negative for the cryptoeconomy if true.
I read that earlier. I think it’s interesting that the accused exchanges don’t have any trading fees. Serious question without trying to encourage blame - how can they possibly run a business like that?
That was my exact same thought too. There’s no indication that they’re running a sustainable business model, and no outward signs that they have a different monetization model planned for the future.