I'm more worried about the price of Bitcoin than Stratis breaking below 6,000 Sat.
From the look of it, the Chinese government is preparing to impose
capital controls on Bitcoin. With a Donald Trump victory seeming more of a possibility with each passing day (the FBI has just announced it will indite the Clinton Foundation), we can reasonably expect a period of great turmoil in equities and in forex market.
Now, I absolutely loath the Clintons, but should a Trump victory materialize, I feel that the Chinese bubble will probably collapse, sending people scrambling to move their money into "safe haven" investments such as Bitcoin. Should that scenario materialize, what is to say the Chinese government won't start shutting down mining farms all over the country? This would completely obliterate the price of Bitcoin, as there is massive mining concentration in China and as 90% of transactions originate in that country.
That being said, I can't think of any other asset class promising the kind of returns achievable in cryptocurrency speculation, so I guess we'll just have to hang on tight.
I don't see this news in btc38, maybe the news is fake.