As predicted, Chaos is happening in Australia.
Aussies are now experiencing difficulties with transferring Bitcoin out from exchanges in Australia and on July 1st they are making it harder.
Right now, Aussies are running into withdrawal issues.
New verification steps. Delays that didn't exist six months ago. And on July 1st, the rules get even tighter.
Every Australian client on our end is rushing to get their bitcoin off exchanges before that date.
Calendars are filling up. People are stressing over a single regulation change.
And here's what's wild, bitcoin hasn't even hit a new all-time high yet.
This is what it looks like when things are relatively calm.
Imagine what it would look like when the price goes back up.
Everyone trying to leave at once through a door that just got smaller.
The ones who moved early won't even be watching.