BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
I saw the tweet, it seems to be confirmed already:
https://twitter.com/YourBTCCThe good news is, it cannot get worse than that. The news are finally official, at least one of the big Chinese exchanges is down. Then so what? there's nothing beyond that. Sure they can keep banning every single exchange on China, but the damage will eventually be all absorbed by the bitcoin market. We already saw the only exchange on earth back then (MtGox) going bust, we crashed heavily, then we recovered. If we survived that, how can't we survive China banning some markets? we have exchanges all over the world in 2017, so who cares.
Finally a concrete news from at least one exchanger. I have heard the government gave to all exchangers the period around four years to close their activity. But this information wasn't proved yet.
All this situation is affecting on the bitcoins price and panic are getting people to sell their coins, but I agree with you - if China will close their exchangers we gonna have thousands more around over the world.