It will be a pleasant surprise to go over $1k again SOON with all that's going on
It probably won't be long.
Only one of the other exchanges besides Huobi and OKCoin will suspend Bitcoin and Litecoin withdrawals.
The others are making minor AML changes like stopping people depositing yuan, then buying and withdrawing Bitcoin in under 48 hours.
OKCoin was fined for AML violations last year, so its shit itself and taken an extreme course of action.
The western exchanges like Poloniex or the Kraken introduced withdrawal limits for tiered verification levels to combat AML. The Chinese exchanges are just following their example, most won't be suspending Bitcoin and Litecoin withdrawals.
http://www.coindesk.com/chinese-exchanges-will-delay-bitcoin-withdrawals/
Quote
Notably, the policies issued differ from the more stringent halt of bitcoin and litecoin withdrawals imposed by Huobi and OKCoin, which will stop these services for one month. Only CHBTC indicated it would suspend bitcoin and litecoin withdrawals for this duration.
In statements issued by BTCTrade, BTC100 and HaoBTC, the exchanges said that bitcoin and litecoin withdrawals would now be delayed, though they did not indicate they would halt any services.
All indicated yuan deposits and withdrawals would be unaffected, and that anti-money laundering (AML) upgrades were the impetus for the decision.
HaoBTC noted that its new policy was implemented to restrict the ability of its wallet users to deposit yuan, buy bitcoin and then send the digital currency within 48 hours.
In statements issued by BTCTrade, BTC100 and HaoBTC, the exchanges said that bitcoin and litecoin withdrawals would now be delayed, though they did not indicate they would halt any services.
All indicated yuan deposits and withdrawals would be unaffected, and that anti-money laundering (AML) upgrades were the impetus for the decision.
HaoBTC noted that its new policy was implemented to restrict the ability of its wallet users to deposit yuan, buy bitcoin and then send the digital currency within 48 hours.