Miners and pools are not affected. BTCC pool will operate.
I think all drops priced-inn allready. I dont expect further drops if offcourse someone willing to shake the boat further.
Also when exchange will be closed localbitcoins in China will be the most popular choice. How big will be price there 5500$ for 1 BTC?
Bad days coming really for bitcoin holders in china.What a dramatic change within few days.Once,chinese enjoyed more profits from bitcoin by dumping their bitcoins,creating fake trade volumes in exchanges.
I think even if china allows exchanges to work once again,still chinese would not be enjoying benefits as they had before.Bitcoin price has already faced china's impact and now,there would be no more price falls.Don't exactly whether china would allow localbitcoins to work freely or not.
Absolutely agree with you
Personally, I realize that bitcoin and cryo are controlled, heavily influenced by Chinese tycoons
Keep in mind, whenever there is bad news about bitcoin in China it is unlikely that bitcoin will be discounted without brakes.
