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RE: China Exchanges Closing ? All .CN Coins Pumping Anyways

in #bitcoin7 years ago

The Chinese investors have a serious appetite for Crypto and will find a way to keep investing. They may end up with less options, but their money will still be in Crypto. This means the Crypto they can invest in will see a nice surge as the total investments will be funneled to a small group of Crypto's.

In a way China has made Crypto more appealing to those that invest in it. If Crypto wasn't scaring the Chinese government they wouldn't shut down the exchanges. If the gvmt is scared then those that don't trust their fiat currency see it as an even bigger reason to invest. And where there is a will there is a way...the money will flow.

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