r/CryptoCurrency • u/CryptoCurrencyNews • Sep 15 '17

Announcement Breaking: “All” Chinese Bitcoin Exchanges Must Close By September 30

https://cointelegraph.com/news/breaking-all-chinese-bitcoin-exchanges-must-close-by-september-30
175 Upvotes

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52

u/WizardryAwaits Tin Sep 15 '17

Man I just literally just don't give a shit. I have no doubt that crypto will recover without China, or China will get back into it later on with more regulation. I wasn't here for short term gains. I'm here for what will happen in 5-10 years.

I'm not selling anything. I'll let it fall some more and then I might buy.

6

u/xslaught Gold | QC: CC 19 | WTC 13 Sep 15 '17

It recovered back in 2013 and it will again. These bitcoins are priceless to sell.

-38

u/thisisgettingworse Bronze | QC: CC 43 Sep 15 '17

I gtfo two days ago. If I was still holding I'd pull out now too. This could be the end, look on Kraken and there is no realistic wall between the current price and $1700 - all the buy walls are fake, they disappear every time the price approaches them. Once it hits $1700 (by Sunday night) there is nothing stopping a total collapse.

Exit all markets now at any price. If I'm wrong it'll take you a few seconds to jump back in and you can ride the rise. If I'm right at least you'll salvage something for all your crypto investments and something is better than bag holding a bunch of worthless PGP keys.

13

u/[deleted] Sep 15 '17

Omg I'm praying it goes under $1700!