Interesting to read about this now, especially because I strongly believe the Chinese government is trying to do everything it can to undermine the world of cryptocurrencies, especially the ones competing with Bitcoins. Since Bitcoins is so strong and has an automatic effect on all other cryptos, the manipulation of Bitcoin tendencies results in huge effects on other cryptos and I can't help but believe that it is done in order for them to be able to buy more Bitcoins at a lower price while digging in a whole lot of other cryptos...

Anyhow, great article with awesome backup information to it. Namaste :)