Interesting news in China, word is the authorities are saying no one with a 5% stake in a company will be allowed to sell... for 6 months. If that is real, it's like someone setting off a nuclear explosion. Hard to say how it will impact crypto in the immediate near term (hard to flee to bitcoin if your investments are locked up), but things are going to get _real_ interesting. How it all fits with the NYSE issue is another matter for speculation as well...
EDIT: Here's a link: http://www.bloomberg.com/news/articles/2015-07-08/china-bans-stock-sales-by-major-shareholders-for-six-months
EDIT: Here's a link: http://www.bloomberg.com/news/articles/2015-07-08/china-bans-stock-sales-by-major-shareholders-for-six-months
Woah. I heard that the government is buying stocks, but this is new to me. Things must be really falling apart over there. And these days everything is linked so I would expect a crash in china to reverberate to European and USA markets too.
And they're not setting foot on Bitcoin anytime soon. Maybe it's for the best... Sometimes it's not worse to keep out people who just want a quick buck.
So they'll probably just enjoy a vacation day with this outage. 