Scared Chinese people are pulling their money out of OKC and Huobi in fear of government investigation into the exchanges and exposing fraudulent behavior. The price on OKC and Huobi is now more than $50 below the western exchanges while before it was the other way around. If you believe the Chinese government will not do much except make the exchanges promise them to be good and take a bribe or two then now could be a good time to buy and make some money. 
Well, what if it gets banned in China after the investigations? What will be the implications then? Will we recover?
Yes this is the kind of fear that's making the market drop right now. You feel it don't you? Want to sell your coins right now?
