so no update on that china news.
i can't wait for an update, as i understand it, its not clear if deposits to BTCChain are really going to be stopped.
Yeah, its strange. At this point trying to sort out the damage to the Chinese exchanges are damn near impossible.
One thing is for sure, Gox and Stamp have been really reluctant to go down. But if the Chinese exchanges are legitimately effected in a negative way, arbitrage will bring the other exchanges down.
Long term we don't need China, they were/are like icing on the cake, but short term this will drive the narrative of the "crash" much like the issues at Gox drove the narrative on the last down turn.
oh ya i hear you man, if its all true this is not the end of the world but a short term blow nonetheless.
this thread, seems to think its all FUD.
coindesk.com , it sounds ligiet, you'd think they would be carefull about spreading FUD without thinking.
i'm never going to believe or read a word coindesk writes if this turns out to be FUD...
