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RE: Ethereum, Bitcoin Crash After China Declares Initial Coin Offerings Illegal

in #bitcoin8 years ago

What's more? This is just a buying opportunity. It's not a crash, it's a retrace. Just economics at work. Even if it fell all the way to former major resistance to test $2900 it would simply be an even greater opportunity. Furthermore, this should help bitcoin itself as it is firmly established in the global markets and still 100% legal in China.