RE: China, Shmyna: Bitcoin Trading Is Way More Distributed Now Anyway

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China, Shmyna: Bitcoin Trading Is Way More Distributed Now Anyway

in bitcoin •  7 years ago 

I think we're going to see choppy performance until we get past the Sept. 30 deadline. Anxious sellers will be dumping on any strength, and the smart (big) money will be waiting to pounce on desperation closer to the 30th.

In the meantime? The seas ought to prove rough.

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What is Sept 30th?

The deadline for Chinese exchanges to stop trading.