That's what happens when you place and investment vehicle into a gambling den. Them Chinese will chew it dry and spit it out.
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That's what happens when you place and investment vehicle into a gambling den. Them Chinese will chew it dry and spit it out.
It's primarily an issue of consolidation right now.
Given so many users in China are arbitraging other markets if 95% of their holdings are in Yunbi and 5% are in another market, if Yunbi crashes they can safely sell off 5% below market value to protect their over all investment. This just leads to cascading crashes.
Basically speculative trading with assets that they do not own or have...aka gambling.