As bitcoin nosedives, regulators said to be investigating whether it was propped up illegally

I never bought any amount of BTC in my entire life, and i don't plan to, but nice try, the only retard here is you, for multiple reasons. 1- Doesn't matter how much a guy paid for 1BTC, that's not how crypto price works. Just because one idiot pays another idiot 50k for 1BTC, doesn't mean the BTC ath is 50k, like you tried to explain with your shady asian exchanges theory, because everyone else is trading at X price, and not the 50k those 2 idiots traded. 2- There doesn't need to be an "official exchange", it's an average of every relevant exchange, and never until today that average reached 22k, with the max being around 19.7k, but nice try. 3- My frustration? You're the one holding ripple (LOL) and active on crypto subreddits recently, i'm pretty sure the one affected by bubble bursts is you. Well, shit happens, next time invest in $ROPE, don't worry, you won't be missed.

/r/Economics Thread Parent Link - cnbc.com