Blood bath has started. Much other unfortunate news added fire. I’m not going into detail about the past news. Let’s focus on the near future.
- What do we know?
Chinese people cannot trade bitcoin with ease. But they can still trade Bitcoin, anonymously and with low fees.
- How can Chinese people still trade
They can still trade using decentralized exchanges. This can be through platforms such as Kyber and 0x.
- What matters now
Privacy and anonymity matter more now. This means tokens providing true anonymity can be favored. Eg: Verge (XVG)
- What is the safe heaven for near future
There isn’t much to say except hold or tie to tether(USDT)
- What would be the bottom of current BTC trend?
Likely to see BTC at 2800$–3100$ in next 10 days. But depends on news and traders sentiment.
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Is this not just FUD to crash the market only to buy cheap and build confidence in this shiny digital currency once more?
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