come to Canada then, were not so bad. But no where is really perfect can't wait till Goat buys an island and we can move there and start a btc only community.

Wait a second a communist country with the  firewall of china blocking facebook, youtube, twitter etc... Has two different currencies (CNY CNH)  for mainland and others, and only allows their citizens to withdraw $50k a year out of the country didn't embrace a revolutionary free currency it cannot control with open arms?!?! No way!!! Although to be fair i expected it to be a bit further in the game

Let's imagine for a second that BTCChina is shutting down*.  So the small fish start to panic and sell their coins, like they've been doing all day.  But for every coin that gets sold, one also gets bought.  So who is buying?  I would expect it to be long-term bulls and insiders who knew about this move in advance.  

So the question is what are these people going to do with these coins since they can no longer sell them in China?  I would argue that they would actually behave more like "strong hands" and consider them a diversified asset outside the reach of the Chinese gov (just like how wealthy mid-level Chinese come to Vancouver and buy expensive real-estate with questionable funds).  I really can't see them dumping the coins on BitStamp and then wiring the proceeds back into the Chinese money-prison.  In other words, although BTCChina shutting down would reduce demand, it would also reduce supply.  

Over the next year, the price continues to rise and the Chinese holding these bitcoin do well since they have funds they can enjoy internationally outside the watching eye of the communist party.  Their friends soon become jealous and want in on the game, increasing demand.  Meanwhile, the small fishes that are panic selling now realize they were fleeced and promise not to let this happen again.  

Maybe I'm blinded by my bullishness, but, once again, I see this as anti-fragility in action.  

*I think people can still deposit/withdraw via bank transfer

Been looking at islands for a while now but btc still has a way to go before this happens.

What happen with the $700 wall do tou think its going to be broken and going down or maybe we are going to rebound and going up now?

Well keep us in the loop a btc pool to start a new civilization sounds like fun. Wasn't suggesting the Island had to be in Canada ..but let choose somewhere safe from most global warming and tsunami's not caused by meteors bigger the a football field hitting the ocean.

+1 To all good things about this idea. I can build things, actual things... like houses and furniture-- I'm basically a sustainable carpenter/builder who's switching into coding, as I've gotten bored of building (kinda). I could put together a nice natural compound FWIW.