Topic: [ANN][DOGE] Dogecoin - very currency many coin - v1.10.0 - page 316. (Read 3099556 times)

Shanghai-based bitcoin exchange BTCC has announced it will be closing down its China-facing trading operations effective September 30.

In statements on Twitter and on China-language social media, the oldest cryptocurrency exchange platform in the world's largest market said it would immediately stop onboarding new users, but that its mining pools and international exchange would continue to operate normally.
At press time, the statement is the latest to seemingly confirm China may be on the verge of a broader effort to curb domestic cryptocurrency activity, following yet another report by a local financial news source indicating that regulators are preparing a formal ban on domestic bitcoin exchanges.
According to an exclusive report by Shanghai-based business media Yicai, Shanghai's Municipal Financial Service Office has issued a verbal order to bitcoin exchange startups, indicating that they should cease operations.
The source reportedly said that the exchanges will shut down at the end of September.
It is currently unclear whether that ban will extend to other forms of trading, such as peer-to-peer trading, or more experimental decentralized blockchain-based exchanges. However, at least one over-the-counter trading service has ceased operations, reportedly due to increasing scrutiny from lawmakers.
At press time, other domestic exchanges are complicating the narrative, with BTCC rival Huobi telling CoinDesk it has not "received clear document or notice" of exchange ban, but that it will follow any formal guidance.
Elsewhere, other organizations that lack regulatory power are weighing in on the situation, as today's news follows a statement issued by the Chinese National Internet Finance Association (NIFA) yesterday that questioned the legal basis for cryptocurrencies. The self-regulatory group, formed by the Chinese government, boasts participation from some of the country's largest online financial firms.
But while claims are mounting, it's important to note that no official announcement has yet been made by the People's Bank of China or the country's government regarding the ban.
As such, it remains to be seen what steps, if any, will be taken that impact China's cryptocurrency market.
China image via Shutterstock

I respect what China decided , man specially ICO ( International Cheat Org) is bs. If China approves btc, ltc and dogecoin and bans everything else, I wouldn't be more happier!

Seems like one country AGAIN trying to control something that was really meant to be decentralized. But when have they ever made good decisions.

What makes you being so sure that China is not going to shut down anything? By now I am pretty sure they will shut down exchanges soon. The most recent news strongly suggest that.

It follows the downtrend all over the board. Someone said it is tulips bubble

Colleagues. What's going on with the doge coins? Does it make sense to sell? Or can hold?

Just question,

downloaded wallet couple of months ago. But can't open it anymore. It just won't react on my desktop.
Did you see the same problem? And if yes any solution to reopen without losing my doge?

Thanks

Mcgreen12

does anyone have an idea what i could do with my wallet.dat file to sync with the doge client without downloading the bootstrap?

everything is possible

is doge going to value 1sat again?

China will not shut down anything so soon. Infact they will not. For the moment if you want to jack up the price of Dogecoin, think about swap (reducing the size of the coin) or adding masternodes of something. Need new technology in the coin to prop up the price. Look at other coins about what they are doing.

perhaps this is the ultimate solution so all crypto world can find peace and purpose
Imagine if there are no crypto to flat exchanges , the whole system designed to
work between people after all. "Be your Bank" ... Remember ?? 

It will become harder though if they shut down all fiat gateways.

for the next few months, I think the price will ride on whatever the chinese govmts decision is regarding alt coins - there is/was a lot of speculation over accumulation during Chinese New Year built into the price. If the Chinese can't buy DOGE during the year of the DOGE it'll reduce the impact of the rise.

It may be a good strategy to so do. But don't use all your funds to buy @34. Better buy some @34, and if it drops further, you still have more funds to buy @30 and so on.

Buy some doge not dogger lol Don't spend your rent or puppies on it though

But seriously, what will the future hold fold this sweet coin? Any thoughts?

I would also say that this is rather a strategic than a precautionary move. It was kind of effective though if they had their shorts ready.

But I believe you buy doge coin when bitcoin price are 1800$. now it's 4k2$. so you don't lose so much money. juts waiting. doge will comeback. And people do it all the time

The superior solution for trading doge coins.

it seems that this is just part of china's plan to lower the price of ico to make their products become more salable, the price of dogecoin be one example because the price is down from 1 day ago the price is 0.000000038 BTC and now become 0.000000034 BTC I do not know until when the price of this coin will go down.