If you own Bitcoin, Litecoin, Ripple XRP, Ethereum, etc., GET OUT before the Chinese do, causing massive selling-pressure ahead, short term.

in #bitcoin7 years ago (edited)

Due to exchange closures, which also removes the largest buying-block of cryptos from the crypto market come Nov.1.

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I believe that's the deadline given to the Chinese exchanges by the government to shut down operations. I would, however, think that we've seen the vast majorities of these selloffs.