Post
Topic
Board Economics
Re: What will happen 9th march ?
by
HabBear
on 22/02/2017, 06:02:59 UTC
Hello,
Do you have any ideas what can happen with bitcoin value after the biggest china exchange will make btc withdraws again possible after 30 days suspended in 9th march ?

It will be a positive as people will be comfortable about buying bitcoins and withdrawing them. It will be a return to business as usual.
But the date to watch is 2 days later, when a decision on the Bitcoin ETF will be taken.

What? The BTC price has been rising since this exchange got suspended. What are you talking about?

A primary benefit of bitcoin is the fact that one isn't tied to a single exchange to make a transaction. This one Chinese exchange isn't holding up anything.