- China plans to shut down domestic bitcoin exchanges - well, it just a plan and why only mentioned Bitcoin, it should be 'cryptocurrency'.
- anonymous sources told the wall street jurnal today - it's untrusted source, everyone could lie and say so.
- one regulator told an exchange that the decision had already been made, while another said the decision might take a few months - come from anonymous sources and they said different things, no wonder why we can't trust it.
However, if China will ban all of their exchanges, miners and bitcoiners in there will dumped their bitcoin and sell it at cheaper price, another discount for everyone.
We are all waiting for an official decision and pronouncement on this important and critical matter maybe direct from the Chinese authorities. Until then, maybe it is good that we all shut up and stop all of these speculations going around the internet...maybe these news are there to get as much traffic as they can get (traffic is money). All of these rumors are not actually helping the cryptocurrency market as we are just spreading FUD all over the place.
Now, in case China will eventually ban Bitcoin exchanges, then let's deal with it once it is already official and implemented. All I know is that the Chinese government can ban Bitcoin exchanges but they are aware they can not be banning Bitcoin at all...meaning that peer-to-peer transactions are still okay and some financial institutions can still sell and buy Bitcoin.