That's what i was expecting after the ban over the cryptocurrencies by china few days back. China failed to defeat the cryptos, they have now realized that they have made a big mistake. Now bitcoin and cryptos are ready to achieve new heights of success.
china is always making new innovations in the form of digital currency other than bitcoin, they hope that the population switch to digital currency that will be created by the country it, therefore there is a regulation limiting the use of digital currency in the form of bitcoin,but unfortunately it is not affect the price of bitcoin in the market will weaken, but instead after the ban made by the state of China about the use of bitcoin, bitcoin prices are increasing because the largest exchange of bitcoin not only in China,but there are other countries that have a larger exchange exchanges of china . 
Topic: Big News From China - page 3. (Read 2258 times)
What a surprise!!! Not. This was to be expected, and to be honest, I find this to be fitting more in the bad news category. It was nice for once to not have China be part of the market, and now they slowly make a come back, regardless of the form, it's pure shit. The market has shown to be perfectly fine without Chinese exchanges being around, and for that reason, I would have liked them to stay away at least till next year, but it is what it is. I just hope that people for once take distance from that country, because they contribute to nothing but problems due to their paranoid government. I already wonder what they are going to pull once the market reaches another all time high in the coming weeks/months. 
I fully agree with you and as far as China is concerned we have the same assessment. I am based in Asia too and though China is now known here as a helpful and generous government we know that deep inside it has its own agenda of controlling a big part of the world whatever it takes.
The Bitcoin community can be better if the China market is not open for cryptocurrency anymore. We have seen how resilient Bitcoin has become after all the bad news that slowly trickled into the market last month. And though it can prop up the market, the long-term effect may not always be that good because the Chinese government has a different mindset and they feel that they can do anything they want even just whispering words to the concerns (no law needed in many cases).
It should be noted though that even if Bitcoin exchanges were closed in China, the money still find its way to Bitcoin as many of them just shifted to Hong Kong. let us just hope that this time around China will not be anymore the big source of many big headaches and problems. They should behave well otherwise it would be us who will kick them out.
This news is not really related directly to China as was already mentioned here a few times now.
And when you guys read the current interview with Bobbly Lee, well things don't sound that optimistic to be honest.
http://www.ibtimes.co.uk/btcc-chief-bobby-lee-discusses-china-bitcoin-ban-1644777
https://www.bitsonline.com/china-deliberately-crashed-bitcoin-lee/
And when you guys read the current interview with Bobbly Lee, well things don't sound that optimistic to be honest.
http://www.ibtimes.co.uk/btcc-chief-bobby-lee-discusses-china-bitcoin-ban-1644777
https://www.bitsonline.com/china-deliberately-crashed-bitcoin-lee/
I expect that this will have a good impact on cryptos markets in general
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This is great news but how sure are you because what I read acouple of days back is that the Chinese government banned cryptocurrency exchange in their territory. Is there anything which cause the change of heart?
Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Very good news! However I wonder why there is no BTC/CNY? I think they are playing it safe for the moment as PBoC is worried about capital flowing out of the country.
There is no BTC/CNY because nothing has changed about the situation. China-based exchanges are still in wind-down mode if they haven't shut down already. Domestic order book exchanges are prohibited (at least until a licensing regime emerges -- unconfirmed).
The .pro is not based in China. It's a Hong Kong exchange (like Bitfinex is or once was). OKEX (Okcoin's international exchange) and BTCC similarly are Hong Kong companies. They can't easily interface with CNY -- at least not openly and transparently.
That they are accepting USDT means they are pretty desperate for trading fees amidst the crackdown.
https://www.huobi.com/ (based in China)
https://www.huobi.pro (based in Hong kong)
I think huobi will now also allow international traders to trade with them, what is the legal status of bitcoin and bitcoin trading in Hong Kong?
Chinese still can't put their money in bitcoin because there is no any trading platform that have btc-cny pair.
https://www.huobi.pro (based in Hong kong)
I think huobi will now also allow international traders to trade with them, what is the legal status of bitcoin and bitcoin trading in Hong Kong?
Chinese still can't put their money in bitcoin because there is no any trading platform that have btc-cny pair.
Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Very good news! However I wonder why there is no BTC/CNY? I think they are playing it safe for the moment as PBoC is worried about capital flowing out of the country.
That's what i was expecting after the ban over the cryptocurrencies by china few days back. China failed to defeat the cryptos, they have now realized that they have made a big mistake. Now bitcoin and cryptos are ready to achieve new heights of success.
This is great news but I am bit pissed off with this news, if the government not sure about the decision they shouldn't make a rush decision and caused the market become unstable, but with this news I believe the bitcoin price ia going to rise faster, but the investors will be careful to put the money in crypto currencies
It's a great news for Chinese that once again crypto activities are going to be started there in their country. I am not saying that not a good news for the others but truly I am not excited about this news. This was known that China will jump again into the crypto world but this sooner was not expected.
I am happy for one thing that now China has got a clear message that crypto and bitcoin don't need China to support it but China need it for their economy.
I am happy for one thing that now China has got a clear message that crypto and bitcoin don't need China to support it but China need it for their economy.
this is good news, i think the exchanges from china had finally made an agreement with their government, i think one by one, the exchanges will open up, and again will come back in the crypto market, there is still a chance that only one exchange will be permitted by the chinese government or there will be a limit in the exchanges, but with this news, bitcoin is back in china again, and hopefully there will be no more scare in china, since they were the reason the price had dropped a few weeks ago. let's also not forget that the world is watching china's every movement,not just by their military but with their investments as well, i have read an article that china wanted to their fiat as petrocurrency,i think when it comes to bitcoin, since they cannot copy it, they might make a cryptocoin of their own as well, just like what japan did, and i think their cryptocoin, may have a chance against bitcoin, considering their bitcoin users, but over all, this is good news, and hopefully, china will promote their exchanges as well, thus promoting bitcoin, and soon other countries who still doubt bitcoin, might change their mind, since china is always changing its mind.
I don't know if it was connected or the reason why price goes up and doing fine again. We're back at less than $6k again. With or without China, we are good but of course the more, the merrier. With this news, $7k-$10k is likely possible before the end of this year.
I have learned a valuable lesson this time, don’t rely on news when it comes to bitcoin. Because even news and rumors are prone for corrections and like bitcoin price it can change as fast as it goes. This will be a hard and regrettable reason to those who sold they’re bitcoin @2800$ with this news. It’s a pain to they’re investments.
We saw a rise after China banned bitcoin .Do with the return of China will see the dump or correction of bitcoin at 2000 usd for example?
China might have most of the coin as of now that is why when they were banned from trading outside their country the price went up. Which may mean once they join the trading again price might go down. but I doubt that it will be anytime soon. Maybe they will be allowed to trade again when the price reach $15000 mark. Do the math if what will it make for their country.
Okay, this thread have been called "https://bitcointalksearch.org/topic/big-news-from-china-is-spreading-false-information-exchangers-are-banned-2320265" as spreading fake news and Some of here are right and i am also right to tagged this news as a suspicious move from China, Read the thread guys.
Huobi is banned in China. No exchange of BTC / CNY Legal Tender (bank wire, third party payment etc) is allowed to operate in China.
The current running exchanges e.g. okcoin, huobi, btcchina etc are all going to close down this month before the final limit date given by the government.
Those Chinese exchanges can register abroad e.g. in Hongkong, Singapore, Japan, Virgin Islands or whatever low tax lite regulation countries, and running with BTC / NON-CNY currency pair. the case in the post "Big News From China", huobi.com registered abroad with a new domain huobi.pro, running with btc / usd tether to bypass China gov's ban. it has nothing to do with China.
Will it work? may be, may be not. For how long is a question.
usd tether is just like btc-e code or Liberty Reserve waiting to be cracked down by the US Authority.
The whole fake foreign but real Chinese companies like huobi.pro or okcoin.com etc are all operating in China, maybe even by the same group of people in the same office and the same room. China gov surely can raid them over night.
US gov already showed us this with btc-e, which its even worse that they hunted the russian admin down in Greece. compare to this, China has prefect authority.
In conclusion, exchange of bitcoin or any crypto for fiat or reverse is banned in China. stop spreading false information.
The current running exchanges e.g. okcoin, huobi, btcchina etc are all going to close down this month before the final limit date given by the government.
Those Chinese exchanges can register abroad e.g. in Hongkong, Singapore, Japan, Virgin Islands or whatever low tax lite regulation countries, and running with BTC / NON-CNY currency pair. the case in the post "Big News From China", huobi.com registered abroad with a new domain huobi.pro, running with btc / usd tether to bypass China gov's ban. it has nothing to do with China.
Will it work? may be, may be not. For how long is a question.
usd tether is just like btc-e code or Liberty Reserve waiting to be cracked down by the US Authority.
The whole fake foreign but real Chinese companies like huobi.pro or okcoin.com etc are all operating in China, maybe even by the same group of people in the same office and the same room. China gov surely can raid them over night.
US gov already showed us this with btc-e, which its even worse that they hunted the russian admin down in Greece. compare to this, China has prefect authority.
In conclusion, exchange of bitcoin or any crypto for fiat or reverse is banned in China. stop spreading false information.
Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Good news even if expected. It could ease some people’s concerns and allow the price of Bitcoin to rise as new investors join in. Anytime there is positive news about Bitcoin it tends to make the price spike up some. It should also benefit any altcoins that this exchange provides. China is apparently not out of the Bitcoins business at least for a while.
Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
This is very interesting i have few friend in china who holds big coins and some of them are giving them their bitcoin so i ran it for them it is like we are going in tandem again in trading which we can easily grow our bitcoin in trading this is the biggest news in china i will tell them right away. And i will try to research more information regading this. https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Big news from china🔼
https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
I`m unsure of the news you are carrying, all we know china behavior at the end of september 2017, China has forcibly shut down BTCC which is the second biggest Bitcoin market in China, after its action then cunningly China launched altcoin their own product, this incident make eye I`m open and aware, "maybe in that way also china dominate world market".https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)
We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).
Aa..rrrgg..hhhhh .....
We saw a rise after China banned bitcoin .Do with the return of China will see the dump or correction of bitcoin at 2000 usd for example?
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