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Screwed up all my previous trading analysis that news did but have not sold anything. Worst thing you can do is sell on news like this.
China is loosing control as people use bitcoin to store wealth and as a channel to move funds out of the country. Remember why blockchain came about, because of centralisation, therefore capital control is only likely to strengthen bitcoin, IMO. Blockchain does not recognise borders.
Bitsquare is likely to see a surge in demand if exchanges get closed down.