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almost but not

its all bullshit FOMO for Steem whales to dump

id say most likely is whoever released that report was paid by steemit inc

they have sold over $million USD worth of steem this year so would be easy for them to do this year

Not only china , but the banks, VC's and all smart money together created FUD so weak hands sell and they can buy cheap again. And this market is so easy to manipulate , just pay peanuts to a couple of influential youtubers and your job is done. Ha ha