 # What a Day in Crypto! # Could this be the pullback that has been predicted? How far down will the price of Bitcoin go? I am Hodling but will start buying more soon. Chinese exchanges like BTCC closing will hurt the price of Bitcoin in the short term but not for long. As soon as I see good support in the market I will be buying again. The news out of Russia is positive. [ "No Sense in Banning Cryptocurrencies’, Says Russia’s Finance Minister."](https://www.cryptocoinsnews.com/no-sense-banning-cryptocurrencies-says-russias-finance-minister/) ## My Move this Morning. ## I bought more Steem. The reason is simple. Steem and Steemit will not be hurt by these regulations in the long run. Steem has also been much higher priced in Bitcoin. I believe we will see a spike in the price of Steem and in users soon. ### Have a Great Crypto Day! ### [BitNational](https://bitnational.com) https://img1.steemit.com/0x0/http://www.randyhilarski.com/wp-content/uploads/2016/10/Randy-Banner-Steemit.jpg
BTC I Trust, HODL I Must. posted first on https://steemit.com/@hilarski
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