RE: Freaking about the reports that Chinese exchanges may close?

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Freaking about the reports that Chinese exchanges may close?

in bitcoin •  7 years ago 

There's more confidence in the market now and can be seen in the prices but I still think the banning is not off the table, no further warnings over the last 2 days is helping with this but at any moment a notice might be given to a big exchange and free fall can happen. The PBOC warning did include ban of fiat -> crypto and this might hit an exchange at any time

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I agree...the price action suggests a hesitancy to move current prices too far from where they have settled currently...almost eerie feeling...calm before the storm...

😣 tis quite stressful

Yes it is...but fun stress!