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Re: I am getting sick of fucking Chinese idiots
by
SushGo
on 08/09/2017, 18:30:44 UTC
Why don't we just ban China? 

They're banning themselves. Apparently they are going to shut down all local exchanges "soon".

Presumably that means the big ones like OKCoin etc.

Once the exchanges are gone, there won't be any sharp falls on the Chinese exchanges to panic the investors on the western exchanges (who tend to sell immediately even though they don't know what it's about just in case something major is happening).

Agreed with you, we can expect a correction in the bitcoin value once these exchanged shuts down, due to to the panic selling by the investors.