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RE: Crypto Market Update: Market Dumpening Continues: $19B Market Cap Lost Overnight. | Huge Market Swings | 9-14-2017. | Brief Overview & Perspective.
If the PBoC really wanted to halt all bitcoin trading, they would not be putting out vague statements, but would instead issue cease-and-desist orders to every single exchange in mainland China.
This has not happened yet! All this shit about China banning bitcoin exchanges is FUD and rumors at this point.
PBoC's last statements was about scummy ICOs - at least that is my understanding!
That is why I took the angle/approach I did here with my wording.
I wonder how many whales have moved the market and are buying cheap Bitcoin and alts.