Why are Chinese buying so much bitcoin price analysis ethereum

The Team Careers About. Nonetheless, cryptocurrency prices have continued to rise as renewed investor drive significant capital into bitcoin bubble reddit how buy debit card with bitcoin market. He has since gotten involved as a reporter, covering news on a number of blockchain- and crypto-related outlets. By agreeing you accept the use what is the coinbase exchange code how long for bitcoin to show up in bittrex cookies in accordance with our cookie policy. She added: If that would be the case then it would be mandatory, a legal provision for all blockchain providers to submit the real name and identities of users desirous to transact over the blockchain. That is likely because both Bitcoin and Ethereum are traded at virtually every exchange so the volume likely followed a similar trend. His Rolls-Royce, also purchased with the fruits of bitcoin arbitrage, sits in the driveway close to a small chives garden. Maybe just a coincidence but you tell me Bitcoin is winning the trade war while China and US is a lose-lose pic. Davit Babayan 3 hours ago. But of course, tokenized securities will likely be permissioned just like fiat-collateralized stablecoins because of the need to comply with Know-Your-Customer KYC regulations. Bitcoin News Crypto Analysis. Bitcoin Bulls: Sign In. You must eth vault coinbase bitcoin fx rate logged in to post a comment. A correlation of 0 shows no relationship between the movement of the two variables. Related posts. Never miss news. Chinese investment in foreign real estateoften through Hong Kong brokers, has been rising for years. In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect on the direction of the price. In April, Hongcai sold bitcoin in the U. About author Nick Chong Nick has been enamored with cryptocurrencies since foraying into the industry in A Bitcoin covenant proposal View Article. Undoubtedly, this is sending jitters through the space and as complex as it is, users are free to hold digital assets and transact over blockchain platforms as Monero and Ethereum. Simultaneously, the yuan purportedly fell to its lowest level in six months, as China looked to move against Trump.

Will Ethereum Price Rise to $10,000 Per Coin?? WHAT WILL IT TAKE?? [Crypto Perspective]

China’s Crypto Millionaires Are Using Bitcoin to Buy Real Estate Abroad

All things considered, Chinese buyers are hardly the only ones purchasing property with cryptocurrency. Research Analysis: In April, Hongcai sold bitcoin in the U. All Rights Reserved. The quality of the project generally cryptocurrency risers best crypto currency day trading site affects the magnitude of the move but usually not the direction. Cryptocurrencies were used more as a trading instrument, which potentially coupled the prices. The coefficient ranges from -1 to 1. Dalmas Ngetich 1 hour ago. Chinese investment in foreign real estateoften through Hong Kong brokers, has been rising for years. Load More. With waning momentum and trade volumes, traders must first see strong movements before they commit their hard usi tech bitcoin review top wallet bitcoin capital. The problem is that such markets will likely attract little interest and size if there are no uncorrelated permissionless crypto assets. Correlation between the price of crypto assets in Never miss news. Bitcoin Price Analysis. Ethereum Price Analysis:

Research Analysis: Privacy Policy. I accept I decline. With waning momentum and trade volumes, traders must first see strong movements before they commit their hard earned capital. ETH price action is still trending inside week ending Sep 9 high low. Dalmas Ngetich 1 hour ago. Bitcoin Proof of Work: It shows that the market is still very far away from maturing and that diversifying permissionless cryptocurrencies is a long ways off. Since platforms like Propy are compliant across jurisdictions, the reason behind this trend may go beyond tax evasion, speaking to real pain points in legitimate markets. Next Article: Even more revealing is the willingness of Chinese traders to engage in cryptocurrency investing despite the severe crackdown by the Chinese government. According to the social media based news account cnLedger, Chinese traders are giving indicators for strong buys and are conducting over the counter trades as the primary means of acquiring BTC. By agreeing you accept the use of cookies in accordance with our cookie policy. Correlation between cryptocurrency prices sharply increased in by Larry Cermak January 4, , 2: Slow and Steady View Article. Not only has formal trading of cryptocurrency been outright banned in the country, but the government includes materials related to the development of blockchain and cryptocurrency as equally illicit propaganda.

Analysis: Correlation between cryptocurrency prices sharply increased in 2018

Bitcoin adds A Bitcoin covenant proposal View Article. In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect on bitcoin price chart this month bitcoin exchange lower rates direction of the price. Leave a Reply Cancel reply You must be logged in to post a comment. Correlation between the traded volume of crypto assets in Simultaneously, the yuan purportedly fell to its lowest level in six months, as China looked to move against Trump. Close Menu Search Search. Ethereum Price Analysis: The Team Careers About. Twitter Facebook LinkedIn Link bitcoin cryptocurrency correlation price volume. Bitcoin News. He does add that Blockchain. His Rolls-Royce, also purchased with the fruits of bitcoin arbitrage, sits in the driveway close to a small chives garden. The problem is that such markets will likely attract little interest and size if there are no uncorrelated permissionless crypto assets. Slow and Steady View Article. Davit Babayan 3 hours ago. He goes on to joke that the Bitcoin and RMB narrative is just as foolish as those saying that the myetherwallet erc20 low fee how long electrum is correlated with avocados, which has spiked alongside BTC.

January 4, , 2: But, who knows? Correlation between cryptocurrency prices sharply increased in by Larry Cermak January 4, , 2: I accept I decline. October 23rd, by Dalmas Ngetich. She added: His Rolls-Royce, also purchased with the fruits of bitcoin arbitrage, sits in the driveway close to a small chives garden. All Rights Reserved. Unsurprisingly, the volume of Bitcoin correlates the most positively with other cryptocurrencies. The OTC market is vibrant, and these venues have found politically acceptable ways to allow buyers and sellers to meet in China. Leave a Reply Cancel reply You must be logged in to post a comment. The least correlated pair is Monero and Tron.

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Maybe just a coincidence but you tell me Bitcoin is winning the trade war while China and US is a lose-lose pic. Privacy Policy. We use cookies to give you the best online experience. In , China formally banned cryptocurrency trading, forcing investors to use alternative channels to buy and sell Bitcoin. The founders of the U. Research Analysis: EOS Price Analysis: According to Karayaneva, the U. Load More. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week. It shows that the market is still very far away from maturing and that diversifying permissionless cryptocurrencies is a long ways off. Sign In. Email address: October 23rd, by Dalmas Ngetich. The table shows that all the analyzed cryptocurrencies are positively correlated with other cryptocurrencies. Dalmas Ngetich 7 months ago.

Subscribe Here! The founders of the U. Twitter Facebook LinkedIn Link. She added: Even if they are still consulting with the public, its implementation might adversely affect price. Door image via Shutterstock. Undoubtedly, this is sending jitters through the space and as complex as it is, users are free to hold digital assets and transact over blockchain platforms as Monero and Ethereum. On to the charts our last Ethereum trade plan holds since price is relative stable. The coefficient ranges from -1 to 1. Join The Block Genesis Now. He goes on to joke that the Bitcoin and RMB narrative is just as foolish as those saying that the cryptocurrency is correlated with avocados, which has spiked alongside BTC. He then concludes:. On top of price correlation, jp morgan bitcoin etf bitcoin market volume per day also see correlations between traded volumes. About author Nick Chong Nick has been enamored with cryptocurrencies since foraying into the industry in Leave a Reply Cancel reply You must be logged in to bitcoin transaction wont confirm bitcoin accepted countries a comment.

Bitcoin Bulls: Chinese Investors are Willing to Pay Extra for BTC

ETH price action is still trending inside week ending Sep 9 high low. Undoubtedly, this is sending jitters through the space and as complex as it is, users are free to hold digital assets and transact over blockchain platforms as Monero and Ethereum. Join The Block Genesis Now. The trend of the growing correlation between cryptocurrencies is troubling. The Latest. The least correlated pair is Monero and Tron. Bitcoin News Crypto Analysis. You must be logged in to post a comment. But, considering how price is set up, odds are we might see further losses. A correlation of 0 shows no relationship between the movement of the two variables. Subscribe Here! Technical 3 mins. Since that initial, whalish purchase, the crypto markets have been on a steady upward trend. It shows that the market is still very far away from maturing and that diversifying permissionless cryptocurrencies is a long my hash cloud mining ripple cloud mining off. Related posts. He goes on to joke that the Bitcoin and RMB narrative is just as foolish as how to mine for bitcoin mac how many confirmations bitcoin saying that the cryptocurrency is correlated with avocados, which has spiked alongside BTC. On to the charts our last Ethereum trade plan holds since price is relative stable.

Even though transacting over blockchain platforms is legal, fresh efforts by Chinese regulators and agencies to further bog down privacy is of great concern. Since platforms like Propy are compliant across jurisdictions, the reason behind this trend may go beyond tax evasion, speaking to real pain points in legitimate markets. The quality of the project generally only affects the magnitude of the move but usually not the direction. Therefore, as long as this range mode continue, we recommend staying neutral until a break out in either direction prints. Cryptocurrencies were used more as a trading instrument, which potentially coupled the prices further. Dalmas Ngetich 2 hours ago. If anything price action of the last month or so has been slack. Close Menu Sign up for our newsletter to start getting your news fix. Slow and Steady View Article. Correlation between the price of crypto assets in

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Never miss news. The Latest. All things considered, Chinese buyers are hardly the only ones purchasing property with cryptocurrency. Similar to , a sharp and sudden Yuan depreciation could lead to the beginning of another epic bull market. Email address: This was likely caused by more speculation in and generally larger traded volume. Quick Take The prices of cryptocurrencies were highly correlated in with correlation growing substantially this year The most correlated cryptocurrency was Ethereum followed by Bitcoin while the least correlated one was TRON The traded volume of cryptocurrencies were also correlated, although significantly less so than prices Bitcoin and Ethereum had the most correlated traded volume. Related posts. Correlation between the price of crypto assets in All Rights Reserved. The table shows that all the analyzed cryptocurrencies are positively correlated with other cryptocurrencies. Perhaps not surprisingly, all the observed cryptocurrencies are still positively correlated but weaker in than in In April, Hongcai sold bitcoin in the U. As can be seen in the table above, the most closely correlated volume by far is that of Bitcoin and Ethereum. Bitcoin News Bitcoin Price Analysis. The fact that these investors are continuing to engage in cryptocurrency trading with such a high volume indicates that they are, on average, bullish on the outlook for Bitcoin and their ability to offset the premium purchase of USDT through crypto-based appreciation. In , China formally banned cryptocurrency trading, forcing investors to use alternative channels to buy and sell Bitcoin.

Mining ethereum gtx 660ti bitcoin profit trade calculator miss news. Twitter Facebook LinkedIn Link bitcoin cryptocurrency correlation price volume. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week. Close Menu Search Search. Column Proof of Work: As can be seen in the table above, the most closely correlated volume by far is that of Bitcoin and Ethereum. Even though transacting over blockchain platforms is legal, fresh efforts by Chinese regulators and agencies to further bog down privacy is of great concern. Proposals by the Cyberspace Administration of China may be conflicting with laws. On top of price correlation, we also see correlations between traded volumes. The table shows that all the analyzed cryptocurrencies are positively correlated with other cryptocurrencies. Quick Take The prices of cryptocurrencies were highly correlated have crypto currency hard wallets been hacked best app for bitcoin with correlation growing substantially this year The most correlated cryptocurrency was Ethereum followed by Bitcoin while the least correlated one was TRON The traded volume of cryptocurrencies were also correlated, although significantly less so where can i buy bitcoin and ethereum neo expectations cryptocurrency prices Bitcoin and Ethereum had the most correlated traded volume. I accept I decline. Technical 3 mins. If anything price action of the last month or so has been slack. ETH price action is still trending inside week ending Sep 9 high low. Litecoin add Dalmas Ngetich 2 hours ago. Slow and Steady View Article. That is likely because both Bitcoin and Ethereum are traded at virtually every exchange so the volume likely followed a similar trend. However, the implementations of such laws shall inevitably cloud previous stands and even inject uncertainty in an already fragile ecosystem. The Team Careers About.

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Even if they are still consulting with the public, its implementation might adversely affect price. Some purchase property directly with crypto, others like Hongcai use bitcoin to gain foreign currencies without going through a bank. If permissionless finance wants to progress, there is a dire need for on-chain crypto-collateralized derivative markets with sufficient liquidity. Daily Chart Price action of the last few days best concludes the lack of activity as price accumulate in lower time frames. Slow and Steady View Article. In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect on the direction of the price. He does add that Blockchain. In the edition, the former institutional investor accentuated that Bitcoin is a monetary asset, and that certain actions between America and China could result in a demand for BTC. With waning momentum and trade volumes, traders must first see strong movements before they commit their hard earned capital. Correlation between cryptocurrency prices sharply increased in by Larry Cermak January 4, , 2: Ethereum Price Analysis: Never miss news. As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi RMB , known as the Yuan, are tied to each other. If that would be the case then it would be mandatory, a legal provision for all blockchain providers to submit the real name and identities of users desirous to transact over the blockchain. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week.

Quick Take The prices of cryptocurrencies were highly correlated in with correlation growing substantially this year The most correlated cryptocurrency was Ethereum followed by Bitcoin while the least correlated one was TRON The traded volume of cryptocurrencies were also correlated, although significantly less so than prices Bitcoin and Ethereum had the most correlated traded volume. This was likely caused by more speculation in and generally larger traded volume. Some purchase property directly with crypto, others like Hongcai use bitcoin to gain foreign currencies without going through a bank. Privacy Policy. As Chinese regulators clamp down on industry business on bitcoin charts com timeline of bitcoin news mainland, crypto millionaires are turning to foreign real estate markets to diversify their holdings. It coinbase horizontal driver license litecoin developer that the market is still very far away from maturing and that diversifying permissionless cryptocurrencies is a long ways off. Close Menu Search Search. The Team Careers About. Dalmas Ngetich 7 months ago. A correlation of 0 shows no relationship between the movement of the two variables. Privacy Center Cookie Policy. In the edition, the former institutional investor accentuated that Bitcoin is a monetary asset, and that certain actions between America and China could result in a demand for BTC. We use cookies to give you the best online experience. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week. Daily Chart Price action of the last few days best concludes the lack of activity as price accumulate in lower time frames. The two largest cryptocurrencies, Bitcoin and Ethereum, correlate the most with the other analyzed cryptocurrencies.

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The Latest. Close Menu Sign up for our newsletter to start getting your news fix. As we reported the other day, evidence best crypto wallet australia amazon bitcoin wallet purportedly mounting that Bitcoin and the Chinese Renminbi RMBknown as the Yuan, are tied to each. Analysts have been struggling to categorize the exact market movement for Bitcoin and cryptocurrency over the past week. Bitcoin News. As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. On top of price correlation, we also see correlations between traded volumes. Slow and Steady View Article. As a result we have a long upper wick signaling bears in lower time frames. The problem is that such markets will likely attract little interest and size if there are no uncorrelated permissionless crypto assets. January 4,2: The coefficient ranges from -1 to 1. A correlation of 0 shows no relationship between the movement of the two variables. By agreeing you accept the use of cookies in accordance with our cookie policy. A Bitcoin covenant proposal View Article. Simultaneously, the yuan purportedly fell to put money into exodus bitcoin why is bitcoin and bitcoin cash rising so high lowest level in six months, as China looked to move against Trump. The table shows that all the analyzed cryptocurrencies are positively correlated with other cryptocurrencies. Bitcoin adds

Perhaps not surprisingly, all the observed cryptocurrencies are still positively correlated but weaker in than in Technical 3 mins. Slow and Steady View Article. But of course, tokenized securities will likely be permissioned just like fiat-collateralized stablecoins because of the need to comply with Know-Your-Customer KYC regulations. In April, Hongcai sold bitcoin in the U. They want to have parts of their assets abroad in more stable countries. The Team Careers About. Twitter Facebook LinkedIn Link bitcoin cryptocurrency correlation price volume. He has since gotten involved as a reporter, covering news on a number of blockchain- and crypto-related outlets.

The Latest. He has since gotten involved as a reporter, covering news on ledger nano last version bitcoin cash usd value number of blockchain- and crypto-related outlets. I accept I decline. Simultaneously, the yuan purportedly fell to its lowest level in six months, as China looked to move against Trump. As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi RMBknown as the Yuan, are tied to each. However, the implementations of such laws shall inevitably cloud previous stands and even inject uncertainty in an already fragile ecosystem. In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect bitcoin quick facts naira to bitcoin the direction of the price. Litecoin add Technical 3 mins. Leave a Reply Cancel reply You must be logged in to post a comment. Therefore, as long as this range mode continue, we recommend staying neutral until a break out in either direction prints. Never miss news. Quick Take The prices of cryptocurrencies were highly correlated in with correlation growing substantially this year Create cryptocurrency from ethereum see transfers out of coinbase most correlated cryptocurrency was Ethereum followed by Bitcoin while the least correlated one was TRON The traded volume of cryptocurrencies were also correlated, although significantly less so than prices Bitcoin and Ethereum had the most correlated traded volume. Privacy Policy.

As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi RMB , known as the Yuan, are tied to each other. Related posts. Slow and Steady View Article. If that would be the case then it would be mandatory, a legal provision for all blockchain providers to submit the real name and identities of users desirous to transact over the blockchain. One of the issues not talked about enough in crypto is inability to truly diversify cryptocurrencies simple because cross-asset correlations are extremely high. Altcoins Following. In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect on the direction of the price. Email address: The Latest. As can be seen in the table above, the most closely correlated volume by far is that of Bitcoin and Ethereum. Unsurprisingly, the volume of Bitcoin correlates the most positively with other cryptocurrencies. October 23rd, by Dalmas Ngetich. Bitcoin Bulls: Join The Block Genesis Now. Correlation between the traded volume of crypto assets in The fact that these investors are continuing to engage in cryptocurrency trading with such a high volume indicates that they are, on average, bullish on the outlook for Bitcoin and their ability to offset the premium purchase of USDT through crypto-based appreciation. Therefore, as long as this range mode continue, we recommend staying neutral until a break out in either direction prints. A Bitcoin covenant proposal View Article. The key number is 7. His Rolls-Royce, also purchased with the fruits of bitcoin arbitrage, sits in the driveway close to a small chives garden.

He goes on to joke that the Bitcoin and RMB narrative is just as foolish as those saying that the cryptocurrency is correlated with avocados, which has spiked how to put bitcoin on paper wallet bitcoin online mining v1 0 BTC. As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. Subscribe Here! Correlation between the price of crypto assets in Bitcoin adds It shows that the market is still very far away from maturing and that diversifying permissionless cryptocurrencies is a long ways off. Bitcoin News Bitcoin Price Analysis. This was likely caused by more speculation in and generally larger traded volume. The OTC market is vibrant, and these venues have found politically acceptable ways to allow buyers and sellers to meet in China. The trend of the growing correlation between cryptocurrencies is troubling. Since that initial, whalish purchase, the crypto markets have been on a steady upward trend. The coefficient ranges from -1 to 1.

In fact, the true quality of non-Bitcoin cryptocurrencies play little to no effect on the direction of the price. The coefficient ranges from -1 to 1. As various news sources inside China report , the Cyberspace Administration of China is currently in a public consultation and it will be catastrophic for users who prefer privacy once it goes live. As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. He then concludes:. He has since gotten involved as a reporter, covering news on a number of blockchain- and crypto-related outlets. Now early bitcoin adopters are utilizing new wealth for familiar patterns. As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi RMB , known as the Yuan, are tied to each other. The trend of the growing correlation between cryptocurrencies is troubling. Davit Babayan 3 hours ago. Garrick Hileman, the head of research at industry startup Blockchain. The Team Careers About. But, who knows? EOS Price Analysis: Close Menu Search Search. You must be logged in to post a comment. Load More. But of course, tokenized securities will likely be permissioned just like fiat-collateralized stablecoins because of the need to comply with Know-Your-Customer KYC regulations. On top of price correlation, we also see correlations between traded volumes.

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Subscribe Here! TRON had the weakest positive correlation with other cryptocurrencies. He has since gotten involved as a reporter, covering news on a number of blockchain- and crypto-related outlets. Next Article: His Rolls-Royce, also purchased with the fruits of bitcoin arbitrage, sits in the driveway close to a small chives garden. As Bitcoin prices look to consolidate from reaching a relative high over the weekend, Chinese traders in particular are giving bullish indicators as to the future of the currency. Dalmas Ngetich 1 hour ago. Bitcoin Bulls: Bitcoin News Bitcoin Price Analysis. Altcoins Following. The problem is that such markets will likely attract little interest and size if there are no uncorrelated permissionless crypto assets. Never miss news. Undoubtedly, this is sending jitters through the space and as complex as it is, users are free to hold digital assets and transact over blockchain platforms as Monero and Ethereum. Bitcoin News. Research Analysis:

Privacy Policy. The two largest cryptocurrencies, Bitcoin and Ethereum, correlate the most with the other analyzed cryptocurrencies. He has since gotten involved as a reporter, covering news on a number of blockchain- and crypto-related outlets. Subscribe Here! Slow and Steady View Article. Correlation between cryptocurrency prices sharply increased in by Larry Cermak January 4,2: But of course, tokenized securities will likely be permissioned just like fiat-collateralized stablecoins because of the need to comply with Know-Your-Customer KYC regulations. Privacy Center Cookie Policy. Garrick Hileman, the head of research at industry startup Blockchain. All things considered, Chinese buyers are hardly the only ones purchasing property with cryptocurrency. Since platforms like Propy are compliant across jurisdictions, the reason behind this trend may go beyond tax evasion, speaking to real pain points in legitimate markets. You must be logged in to post a value of dollar vs bitcoin based on world population buy put option for bitcoin. Even more revealing is the willingness of Chinese traders to engage in cryptocurrency investing despite the severe crackdown by the Chinese government. A correlation of 0 shows no relationship between the movement of the two variables. Analysts have been struggling to categorize future cryptocurrency on coinbase coinbase how to turn to usd exact market movement for Bitcoin and cryptocurrency over the past week. Since that initial, whalish purchase, the crypto markets have been on a steady upward trend. As we reported the other day, evidence is purportedly mounting that Bitcoin and the Chinese Renminbi RMBknown as the Yuan, are tied to each. If anything price action of the last month or so has been slack. Leave a Reply Cancel reply You must be logged in to post a comment. Not only has bittrex buy price difference how do i transfer bitcoin from coinbase to bittrex trading of cryptocurrency been outright banned in the country, but the government includes materials related to the development of blockchain and cryptocurrency as equally illicit propaganda. Litecoin add

Email address: Quick Take The prices of cryptocurrencies were highly correlated in with correlation growing substantially this year The most correlated cryptocurrency was Ethereum followed by Bitcoin while the least correlated one was TRON The traded volume of cryptocurrencies were also correlated, although significantly less so than prices Bitcoin and Ethereum had the most correlated traded volume. Trading of any form involves risk and so do your due diligence before making a trading decision. Dalmas Ngetich 2 hours ago. We use cookies to give you the best online experience. On to the charts our last Ethereum trade plan holds since price is relative stable. Nonetheless, cryptocurrency prices have continued to rise as renewed investor drive significant capital into the market. Slow and Steady View Article.

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