Yeah.
We have two waves of crashes on seperate China news incidents, but despite this 31st January deadline, the Chinese are still very much in the Bitcoin game and CNY-BTC trades still account for more than half of total Bitcoin exchange volume.
As much as I would like to view the nice steady rise in recent days as sign that it will be all consolidating growth from here until the next parabolic phase, since I have real money involved here that I done real work to acquire, I will have no confidence in Bitcoin until after the China deadline and any consequential fallout that may occur.
I continue to trade Bitcoin, but with bated breath and my finger never far from the SELL button, in anticipation of a 3rd and perhaps final Chinese sell-off wave.
Could you explain the January 31st deadline a bit more? I've heard the date floating around a couple times but haven't been able to find much coverage on it :/ Thanks!