Topic: China bans exchangers / China exchangers CLOSED - page 3. (Read 4792 times)
Thanks for the news from China and it enables us to buy bitcoin for a lower and cheaper rate and i hope that in the next month, we will see a great gain in the bitcoin market because this banning and some sort of bad news is more like a strategy for the whales in china to buy bitcoin at a lower rate and manipulate the market.
here are the news :
“All” Chinese virtual currency exchanges must stop trading to remain compliant, regulators have announced.
https://cointelegraph.com/news/breaking-all-chinese-bitcoin-exchanges-must-close-by-september-30
the plague is starting to be cured. BTC-e and all the chinese exchangers are removed.
Now, Bitfinex must be taken down(and they will soon) and all the unlicensed exchangers.
“All” Chinese virtual currency exchanges must stop trading to remain compliant, regulators have announced.
https://cointelegraph.com/news/breaking-all-chinese-bitcoin-exchanges-must-close-by-september-30
the plague is starting to be cured. BTC-e and all the chinese exchangers are removed.
Now, Bitfinex must be taken down(and they will soon) and all the unlicensed exchangers.
Here is some panic stopping news via twitter.
It is clear that China is looking to implement
some form of licensing for exchanges in order to
cut out the scamming etc.
It looks like legitimate exchanges will be able to apply
for a license and as they will be trading above board
a license should be obtainable.
https://twitter.com/TradingWhaIe/status/908607956010389506
It is clear that China is looking to implement
some form of licensing for exchanges in order to
cut out the scamming etc.
It looks like legitimate exchanges will be able to apply
for a license and as they will be trading above board
a license should be obtainable.
https://twitter.com/TradingWhaIe/status/908607956010389506
another one is closing, viabtc.com.
https://www.viabtc.com/announcement/detail?id=11
so, where are the morons(shills) who said that this is a FAKE news?
https://www.viabtc.com/announcement/detail?id=11
so, where are the morons(shills) who said that this is a FAKE news?
Its not a at all a fake news. This is true that all the exchanges slowly will shut down. Now there is a fear in our country too as government was on the verge to legalize probably the bitcoin but after China stand this seems bitcoin will have a hard time and so do our country. This will further fall the price and may be btc may go down to 2k mark.
another one is closing, viabtc.com.
https://www.viabtc.com/announcement/detail?id=11
All the chinese exchangers will be closed.
so, where are the morons(shills) who said that this is a FAKE news?
https://www.viabtc.com/announcement/detail?id=11
All the chinese exchangers will be closed.
so, where are the morons(shills) who said that this is a FAKE news?
If thet use full bot exchanger system is certainly better banned, this will bring a better impact even though the impact is bitcoin prices continue to fall. I expect the price to go back up.
The price already started to decrease since BTCC announcement. I believe we will be better off the Chinese exchanges and the market manipulations in long term but for now, I expect the price to decrease further and more exchanges (Huobi and OkCoin) will follow that decision.
Bitfinex must be next. They are like a cancer with their fake volumes and tether with their fake usd being used to pump BTC.
Why? I mean, I expect Bitfinex to be the next exchange to be shut down by the US Government (for an assortment of reasons -- unregistered securities, unlicensed MSB, money laundering conspiracy). But not the Chinese government. Even if they were still organized primarily in Hong Kong, I'm not sure that the PBOC ban would apply there. They tweeted this earlier today regarding their status as a British Virgin Islands company:
Quote
Bitfinex is owned & operated by iFinex Inc., a BVI company. As such, it is not subject to the recent PBOC ban.
The price already started to decrease since BTCC announcement. I believe we will be better off the Chinese exchanges and the market manipulations in long term but for now, I expect the price to decrease further and more exchanges (Huobi and OkCoin) will follow that decision.
Bitfinex must be next. They are like a cancer with their fake volumes and tether with their fake usd being used to pump BTC.
Could we actually be on the verge of a positive move by China to ban
shady exchanges? and in the process help the crypto community
and in turn affect the price of Bitcoin in a positive way when the panic
fades and all those realise that actually China is not going to ban ALL
their exchanges and no China is NOT going to ban Bitcoin.
The price already started to decrease since BTCC announcement. I believe we will be better off the Chinese exchanges and the market manipulations in long term but for now, I expect the price to decrease further and more exchanges (Huobi and OkCoin) will follow that decision.
Bitfinex must be next. They are like a cancer with their fake volumes and tether with their fake usd being used to pump BTC.
It is good for price. Soon mining in china will stop. 100% mining will be outside of china. Since electricity is much more expensive anywhere else but btc mining will not stop. Thus btc price increase to justify mining. It will rise back to 4500$ by november and if november fork will be successful price will go up to 7500$ by the end of year. Today is good entry point. I will go all in. It just makes sense in every way.
The price already started to decrease since BTCC announcement. I believe we will be better off the Chinese exchanges and the market manipulations in long term but for now, I expect the price to decrease further and more exchanges (Huobi and OkCoin) will follow that decision.
That seems like a very good decision by the China government (hopefully it's not that they are motivated by other reasons though) for the long run in general. Clean the industry up and more legit people might get interested and contribute more!
GREAT POINT ! this is my opinion too but there are so many brainwashed around who think that shit exchangers like Bitfinex, Kraken, BTC-e are the way.
That seems like a very good decision by the China government (hopefully it's not that they are motivated by other reasons though) for the long run in general. Clean the industry up and more legit people might get interested and contribute more!
To be honest this was already known for a while now. The reason the market dips now is because of rumors of exchanges shutting down in china. Its helping ppl getting overhyped and caused of panic sale a huge downward. Bur, Bitcoin always be king.
The last time I checked, almost all of the Chinese exchanges (such as Huobi, OKCoin and BTC China) were operating without any issue. It is just the market bears spreading false information about the exchange closure.
LOL
https://www.coindesk.com/btcc-to-cease-china-trading-as-media-warns-closures-could-continue/
all the exchangers from China will shut down at the end of September. It is a real thing. Normally, the price will crash without the chinese market...
To be honest this was already known for a while now. The reason the market dips now is because of rumors of exchanges shutting down in china. Its helping ppl getting overhyped and caused of panic sale a huge downward. Bur, Bitcoin always be king.
The last time I checked, almost all of the Chinese exchanges (such as Huobi, OKCoin and BTC China) were operating without any issue. It is just the market bears spreading false information about the exchange closure.
LOL
https://www.coindesk.com/btcc-to-cease-china-trading-as-media-warns-closures-could-continue/
To be honest this was already known for a while now. The reason the market dips now is because of rumors of exchanges shutting down in china. Its helping ppl getting overhyped and caused of panic sale a huge downward. Bur, Bitcoin always be king.
The last time I checked, almost all of the Chinese exchanges (such as Huobi, OKCoin and BTC China) were operating without any issue. It is just the market bears spreading false information about the exchange closure.
LOL
https://www.coindesk.com/btcc-to-cease-china-trading-as-media-warns-closures-could-continue/
it seems that all the exchangers from China will be required to get licensed or they will be closed....as it should be normal.
I think many of them will close their shit websites
Another warning:
https://www.coindesk.com/china-internet-finance-association-bitcoin-exchanges-lack-legal-foundation/
I think many of them will close their shit websites
Another warning:
https://www.coindesk.com/china-internet-finance-association-bitcoin-exchanges-lack-legal-foundation/
To be honest this was already known for a while now. The reason the market dips now is because of rumors of exchanges shutting down in china. Its helping ppl getting overhyped and caused of panic sale a huge downward. Bur, Bitcoin always be king.
The last time I checked, almost all of the Chinese exchanges (such as Huobi, OKCoin and BTC China) were operating without any issue. It is just the market bears spreading false information about the exchange closure.
It's still too early to say that it's false. I suspect the report in question will not turn out to be true. But at the same time, Caixin (as one of the two or three major media outlets) doesn't usually spread false information. If that's the case, it's also possible that the story was intended by the government to discourage investment in cryptocurrencies while they figure out ICO regulations.
The major exchanges also seemed to take the alleged report very seriously in their responses on Weibo. Time will tell; I think everything will be alright, but I don't want to be baselessly optimistic, either.
To be honest this was already known for a while now. The reason the market dips now is because of rumors of exchanges shutting down in china. Its helping ppl getting overhyped and caused of panic sale a huge downward. Bur, Bitcoin always be king.
The last time I checked, almost all of the Chinese exchanges (such as Huobi, OKCoin and BTC China) were operating without any issue. It is just the market bears spreading false information about the exchange closure.
The news has not been confirmed yet and OKCoin, BTC China and Huobi haven't got any notice to shut down their operations. This is merely speculation until and unless these exchanges confirm the news and they may be targeting only those exchanges where users have not to verify their accounts. China wants to create their own crypto currency and hence keeps targeting bitcoins everytime but it can't ban it completely.
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