it will be great if all the chinese exchangers will be banned
the plague will be cleaned step by step.
the next one should be Bitfinex.
http://cn.wsj.com/gb/20170911/fin125114.asp
Topic: China bans exchangers / China exchangers CLOSED - page 4. (Read 4769 times)
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.
bitcoin can stay alive without chinese trading sites, there is nothing interesting for this kind of problem that often happens in bitcoin, but we need to realize bitcoin still alive even without china 
Some of my Chinese's friends who trade BTC were totally f**ked up by the China government "Sudden attack" decision...
They're looking for alternative outsources to trade BTC & alt currencies.
They're looking for alternative outsources to trade BTC & alt currencies.
It's outrageous but I don't know why the Chinese government keep taking such stringent measures against Bitcoin from time to time. Maybe they know something we don't and I expect them tell us rather than the money laundering accusations that are often raised.
I don't believe Bitcoin trading will ever be completely banned in China. Worst case scenario they'll reduce the number of exchanges, allowing only those completely transparent to continue.
Some of my Chinese's friends who trade BTC were totally f**ked up by the China government "Sudden attack" decision...
They're looking for alternative outsources to trade BTC & alt currencies.
They're looking for alternative outsources to trade BTC & alt currencies.
It's outrageous but I don't know why the Chinese government keep taking such stringent measures against Bitcoin from time to time. Maybe they know something we don't and I expect them tell us rather than the money laundering accusations that are often raised.
Some of my Chinese's friends who trade BTC were totally f**ked up by the China government "Sudden attack" decision...
They're looking for alternative outsources to trade BTC & alt currencies.
They're looking for alternative outsources to trade BTC & alt currencies.
as long the plague called unregulated exchangers won't be cleaned, BTC won't have any chance to become mainstream. Chinesse exchangers are well known for their fake volumes.
These fake volumes stopped when the Chinese government audited the exchanges in Q1 of this year. When you look at the charts, the change is very apparent. I'm not sure what licenses might be necessary for Chinese exchanges, but e.g. Okcoin has certainly claimed that they fully comply with local regulations. Is that not true?
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
The way that Tether is seemingly being printed out of thin air is worrisome, indeed. I wonder how long this can continue.
I used bitfinex before, can you explain more about this fake money with Tether? I am starting to worry about this.
Check this out: https://coinmarketcap.com/assets/tether/
See that giant explosion in the market capitalization / circulating supply of USDT? That's Tether being printed out of thin air. But people are still treating it as 1 USDT=1USD. Sometimes, there is even a premium for USDT because it can be moved so easily. But I fear this house of cards may collapse soon...
This news has been debunked as false...someone is just peddling news to to sell Bitcoin at the top and mop up at the bottom. Classic manipulation going on!
as long the plague called unregulated exchangers won't be cleaned, BTC won't have any chance to become mainstream. Chinesse exchangers are well known for their fake volumes.
These fake volumes stopped when the Chinese government audited the exchanges in Q1 of this year. When you look at the charts, the change is very apparent. I'm not sure what licenses might be necessary for Chinese exchanges, but e.g. Okcoin has certainly claimed that they fully comply with local regulations. Is that not true?
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
The way that Tether is seemingly being printed out of thin air is worrisome, indeed. I wonder how long this can continue.
I used bitfinex before, can you explain more about this fake money with Tether? I am starting to worry about this.
Check this out: https://coinmarketcap.com/assets/tether/
See that giant explosion in the market capitalization / circulating supply of USDT? That's Tether being printed out of thin air. But people are still treating it as 1 USDT=1USD. Sometimes, there is even a premium for USDT because it can be moved so easily. But I fear this house of cards may collapse soon...
as long the plague called unregulated exchangers won't be cleaned, BTC won't have any chance to become mainstream. Chinesse exchangers are well known for their fake volumes.
These fake volumes stopped when the Chinese government audited the exchanges in Q1 of this year. When you look at the charts, the change is very apparent. I'm not sure what licenses might be necessary for Chinese exchanges, but e.g. Okcoin has certainly claimed that they fully comply with local regulations. Is that not true?
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
The way that Tether is seemingly being printed out of thin air is worrisome, indeed. I wonder how long this can continue.
I used bitfinex before, can you explain more about this fake money with Tether? I am starting to worry about this.
as long the plague called unregulated exchangers won't be cleaned, BTC won't have any chance to become mainstream. Chinesse exchangers are well known for their fake volumes.
These fake volumes stopped when the Chinese government audited the exchanges in Q1 of this year. When you look at the charts, the change is very apparent. I'm not sure what licenses might be necessary for Chinese exchanges, but e.g. Okcoin has certainly claimed that they fully comply with local regulations. Is that not true?
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
The way that Tether is seemingly being printed out of thin air is worrisome, indeed. I wonder how long this can continue.
as long the plague called unregulated exchangers won't be cleaned, BTC won't have any chance to become mainstream. Chinesse exchangers are well known for their fake volumes.
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
Bitfinex is part of this plague too. They pump fake "money " into the BTC system through their shit instrument called Tether. It's amazing how the sheep from BTC media is keeping the silence regarding to this obvious thing.
Big thing what will happen now btc price will become zero , demand for btc gone, mining power over idk how many of you have been affiliated with btc all these same exact things have happened 2 years ico didn't exist but exchange ban did happen in form of notice and price had fallen but we still see the exchanges running even after 2 years of such a incident.
All this temporary it won't have any effect on btc in the long term.
All this temporary it won't have any effect on btc in the long term.
I'm crying for days right after hearing about such tragedy, What should I do now that most of the insider trading and hidden agendas of some whales going to hit a dead end with a capital D 
now other exchanges could get some new clients if Chinese are smart enough to know how to bypass these stupid bans. again all the prices are falling and I'm getting as much as I can in cash to exchange it for bitcoin and either keep the bitcoin or buy some altcoins because their prices always move with BTC.
now other exchanges could get some new clients if Chinese are smart enough to know how to bypass these stupid bans. again all the prices are falling and I'm getting as much as I can in cash to exchange it for bitcoin and either keep the bitcoin or buy some altcoins because their prices always move with BTC.
I do not think there's an instant to reach something, there's got to be a process, as well as bitcoin, because to get great value we have to work hard to get that value. bottom line we can not get rich directly in bitcoin but have to go through some process.
As of press time, we should be clear that there is NO actual pronouncement coming from the government of China that they are or will ban the operation of Bitcoin exchanges all over the country. I am not saying they might not do it because China is known to be a rogue country and they have the capacity to see different things and they have other goals we may not be able to grasp fully.
So please stop the spread of this FUD. We have to wait what can be China's next moves on cryptocurrency after it banned the holding of ICOs in the country. Well, for me, I think the whole of the cryptocurrency market should now start now thinking that soon we may lose the big China market...and hope that other countries can fill in the void they left.
So please stop the spread of this FUD. We have to wait what can be China's next moves on cryptocurrency after it banned the holding of ICOs in the country. Well, for me, I think the whole of the cryptocurrency market should now start now thinking that soon we may lose the big China market...and hope that other countries can fill in the void they left.
This is another temporary move that will affect the bitcoin price in the short term but everything is going to work out for the best once the PBOC has sorted things out with the local exchanges im China. There is no doubt that anything that has to do with China's moves almost always affects the price of bitcoin, be it in a positive or negative way. Let's just wait for something good to come out of this while we hold and observe how things unfold in the coming days.
Well I think this is good news for some people at least the market is not manipulated/controlled by Chinese people but I know this is just temporary few weeks or months from they will come back we all know Chinese wants to dominated in anything.
I agree with you . China will create many surprises in order to buy a lot of cheap altcoin and this will make China dominate the cryptocurrency market and no country will be able to compete with them. 
Well I think this is good news for some people at least the market is not manipulated/controlled by Chinese people but I know this is just temporary few weeks or months from they will come back we all know Chinese wants to dominated in anything.
Ban's not effected every exchange for them, but other methods depositing and withdrawing still here and people should be more patient. This bans only show that country want to regulate scam ICO and exchanges to save people funds, woulu be good for community to have safer exchange methods for them as they always buy it and use it
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