Tuesday, September 12, 2017

Is the BABA move be related to the rumors on China closing bitcoin exchanges?

BABA (Alibaba) has been making big moves after their earnings report. Yesterday is was up to $174 and I'm wondering if the Chinese are buying into BABA after rumors surfacing of China closing down the bitcoin exchanges. This is just a theory and I have no solid information on it, I'm just curious what you all think could be driving the move if its anything other than the recent stellar earnings BABA posted.



Submitted September 12, 2017 at 05:48AM by Bedroid http://ift.tt/2f1zeZx

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