gizmoh
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December 16, 2013, 01:40:00 PM

Even if China says 'take money out of exchanges by Spring'.

The result may be the opposite - if they don't want to declare the cash, they will need to buy coins to put get funds OUT from China.

Why are the Chinese in BTC anyway? Isn't it to get out of Chinese currency (to a certain extent).



I'm amazed how bulls see good news in every bad news..Most chinese investors are gamblers looking for FIAT profit , many will exit the game.
Coins will be cheaper as no new money will come from china and arb will put prices in line on all exchanges.
Thats the beauty of the 'internet coin'  Wink