Post
Topic
Board Press
Re: [2017-09-14] BTCChina Exchange will stop trading at the of the month
by
veleten
on 14/09/2017, 22:35:52 UTC
OKcoin and Huobi may close their business as well.
https://twitter.com/SatoshiLite/status/908375715279597570

But if I think about crypto exchanges, there will be decentralized exchanges based on blockchain. So I don't think we will suffer in the long term.

this is what Charlie Lee thinks,decentralised exchanges can be shut down no less effectively as centralised if need be
don't see how is this a good thing (the closures and the price drop)
it only shows the bubbly nature and inability of the market to stomach the volumes released to support the price levels