LTC taking a beating through all this as well...
yar nearly quoted Joinov and some guy talking about how they' couldn't resist 12 dollar ltc. while he shits all over bitcoin, I'm sure the 9 dollar ltc is 1/4 more attractive than 12.
In other news
I mentioned earlier the idea that Huobi and other exchanges may leave or operate outside of China. They introduced an english ( U.S.A flag denoted ) version of their site.
Google translate from a reddit http://www.reddit.com/r/Bitcoin/comments/22os8f/huobicom_begins_an_english_version/
snip...
Surely if they are able to operate outside of China that will be the best outcome for everyone, while operating in China and being exclusively for Chinese persons a ban in China means all buyers dry up and no new deposits means anyone with fiat on there will be looking to buy up as many coins as possible for an insta arb. If they can transition to outside of China that gives people outside of China aa way to slowly soak up those coins and means fresh fiat is able to hit the exchanges to keep the price from crashing without any buyers.
I see it as a positive, if China doesn't want to foster business it is going to go somewhere else to grow.