Can you explain Why are they freezing the Exchanges?
And witch rule they are gonne change?(european)
Some exchanges are froze because of their banks.
Fiat or/and bitcoins are getting trapped at exchanges and because of this people are getting scared.
Gox had the same issues before it dissapeared.
I dont believe in more Gox scenario's but traders are losing money everyday because its stuck.
Exchanges in China are frozen because of PBOC.
When people cant withdraw their money on exchanges they realise that they are in big danger.
This is why they buy bitcoins so that they can withdrawl their bitcoins to flee from the exchange.
I saw this coming from a mile away, I was talking about this months ago.
Anyway now people are realising the games that the exchanges are playing they want to get their money out of it.
This leads to a forced higher demand for bitcoins than its meant to be = EXIT PUMP
So we will go up because of the exchanges, and not down.
Lots of exchanges are doing tricks to steal money, kraken did it, Bitfinex did it and I could go on, point is made.
Some idiots are even buying chinese bitcoins because the price is lower hah
Would be a shame if that money is stucked for months, and the exchanges are ust using that money to buy stuff for their own gains.
Its an old trick.
We arent in a bank crisis, but in an exchange crisis. The next enemy for bitcoin , combined with scaling.
A war on 2 fronts.
News on cointelegraph as an example for the rule tightening by the EU what will lead to more exchanges getting into trouble.
. Let them build a top first, btc is already getting overbought. This is going to be beautifull
. After that Jihan Wu will create our dip. Or maybe postponing SegWit creates it or some exchange. I am not sure about that one yet. I just think that its really beautifull with all the things going on that people still buying bitcoins near an ATH like some madmen. Crypto really is the wild west. The Aroon tells me that bears are just waiting. Its going to be a mess.
