Topic: BTC price is crashed again - page 5. (Read 2822 times)
This crash can be seen as significant if you compare it to the recent market price movement but it's nothing (or nowhere close yet) if you compare it to just 3 months back!
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
I saw the tweet, it seems to be confirmed already:
https://twitter.com/YourBTCC
The good news is, it cannot get worse than that. The news are finally official, at least one of the big Chinese exchanges is down. Then so what? there's nothing beyond that. Sure they can keep banning every single exchange on China, but the damage will eventually be all absorbed by the bitcoin market. We already saw the only exchange on earth back then (MtGox) going bust, we crashed heavily, then we recovered. If we survived that, how can't we survive China banning some markets? we have exchanges all over the world in 2017, so who cares.
BTCchina released a notify that it will close all the trade on Sept. 30th. Then BTC price on this platform was down less than CNY18000 hurriedly.
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