mooncake
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May 14, 2014, 09:59:23 AM

I.e. ---> Houbi closes, Houbi is insolvent, China bans bitcoin literally including exchanges, etc etc

This is unlikely. However, for the sake of argument, let's assume it happens. Exchanges will then move their operations offshore. Traders cannot get money in (which is already the current case) and traders cannot get money out (which only means buying btc). So I do not think this is a worse news. Please offer counter argument.