Quote from: master-P on April 18, 2014, 02:08:51 PM

The Chinese crypto market is huge compared to other places. It doesn't matter whether people in the western world are fazed when they read news of the China bans. If China does really start cracking down the effect will be felt over there and outdoor here all see the price dropping on Chinese exchanges. Maybe we'll get a scenario where western exchange prices decouple from Chinese exchanges like what happened with gox, but I feel like that is unlikely.

Of course that People Republic will try to ban everything related to bincoin. It is obvious it's been created on the Wall Street and designed for manipulative and speculative purphoses. The rest of the free thinking countries including Russia will just follow them and protect their economies.