Quote from: kiklo on February 17, 2017, 12:44:18 AM

Quote from: aso118 on February 16, 2017, 11:52:57 PM

Bitcoins are safe on the exchange, but such moves negatively impact the sentiment about Bitcoin. If I am a Chinese crypto investor, this effectively tells me that if I want my money back immediately, I should sell my bitcoins and withdraw CNY. I might listen to that.

No offense, but unless you are working at BTCC maintaining their wallets, their is no way you can know that for certain.
It is just like cryptsy , we had no way of knowing until they default or start releasing withdrawals.

Cool

FYI:
Moral of the story , Never Leave more Coins sitting on an exchange than what you are willing to LOSE !

And that one month of withdrawal stoppage might seem longer than it actually is, because there will be some anxiety especially for those who have a huge amount in the exchange, not knowing if the set date of March 15 will really be followed. As you said, never leave a substantial amount on your exchange if you cant stomach losing it.