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Topic: Storm is coming - big one? - page 3. (Read 1832 times)

full member
Activity: 294
Merit: 100
September 10, 2017, 05:56:39 AM
#1
Binance has banned Chinese IP address from trading on their platform.
https://www.cryptocoinsnews.com/ico-ban-bitcoin-exchange-binance-restricts-chinese-access/ 
For those of you who do not know binance, it was originally launched to target the Chinese audience and had a very high NEO trading volume before ICO was banned in China.
Right now Chinese BTC holders are liquidating their portfolio in the fastest pace ever, price differential between Chinese and non Chinese exchanges is reaching more than 15%.
BTC will most likely tank when Monday people are back to their computers and start looking at news.


Binance move has also most likely signalled an eventual release of Chinese confirmed news of banning online BTC chinese exchange.
Watch out everyone.
Stay safe!
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