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RE: Chinese Crypto Exchange Ban is FUD, Hopefully you made some cheap BTC orders!
Looks less like FUD with BTCC announcing they are shutting down. I suspect the Chinese government will not shut all exchanges down, they like control and will pick a couple to stay in business.
BTCChina is #2. I haven't heard anything from #1. If they're not shutting their doors, then what does the BTCChina news mean?
This ban is just for the normal citizens but not the govt. Their rules dont apply to themselves. Since this has alreday happent several times we know that the ban is temprory. While people are banging their head over the ban the chinese govt will stack up more coins slowly and slyly and release the ban once they are fully invested. As it would be trending then the price will rise so much. Its like a sick way to play but as we all know when it comes to money and power everything is fair for the governments :)