BREAKING NEWS – Developments in China – The People’s Bank of China want to regulate Bitcoin Exchanges and are currently meeting with them – they are carrying out an investigation and the process should take a week. Bit-Media mentioned previously that there will be volatility in the markets for the next few weeks. The price today dropped from $920 to $800 and $770 lower levels in China during the day. BTCC, OKCoin and Huobi indicated that they are open to increased oversight from the Chinese government or central bank. Time to buy more Bitcoin – If you keep investing in bitcoin every month, in time, the money you spent on bitcoin will average out… so that is the strategy to consider and not to panic and knee jerk when the price does a dip or spike. Monthly purchases and investment are
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