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RE: Two simple ways to protect your Net Value in case of a Bitcoin Crash
bitCNY has much better liquidity than bitUSD, and is worth of mention for that reason alone. I preserve purchasing power with bitCNY, but generally short bitUSD when it's going up to make my own little contribution to liquidity and supply.
Edit: It is also worth mentioning that Bittrex has a BTC:bitCNY pair.