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OP wrote 4 threads like this one in a row. I think somebody is up to something... Like spreading panic?
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By the way, you think the Chinese would wait until the last moment to pull out? The Chinese New Year is on January 31st, so many of them are on holidays already for a week or two ahead of it. I think after the Chinese New Year, there will be a growth in all Cryptocurrencies.
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January 31st, the Downfall of Bitcoin
On January 31st, a new law will be effective in China: third party Bitcoin payment processors will no longer be allowed to trade bitcoins. This means that the Chinese can no longer trade-in their bitcoins for fiat money (regular currency), or withdraw their money from the crypto-currency exchanges.
On January 31st, a new law will be effective in China: third party Bitcoin payment processors will no longer be allowed to trade bitcoins. This means that the Chinese can no longer trade-in their bitcoins for fiat money (regular currency), or withdraw their money from the crypto-currency exchanges.
By the way, you think the Chinese would wait until the last moment to pull out? The Chinese New Year is on January 31st, so many of them are on holidays already for a week or two ahead of it. I think after the Chinese New Year, there will be a growth in all Cryptocurrencies.
That occurred to me too...wouldn't the dump already have begun? If I were Chinese, I wouldn't wait until January 31 if I were going to sell. There's no way you could command a decent price at that late date if you really believed in a crash.
