Pages:
Author

Topic: China closes exchanges - page 5. (Read 3034 times)

hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
September 22, 2017, 12:30:24 PM
#54
What to expect from a communist whole? Capitalism is good there only when the government wants to make their deals with the world, but when it gives freedom to their people as individuals it's very bad and must be stopped, regulated soon as possible.
hero member
Activity: 770
Merit: 509
September 22, 2017, 12:01:47 PM
#53
Let them close exchanges. Closing down exchanges wont' stop bitcoin nor the blockchain by any means. The free market will always come out on top and find new solutions to the problems. Maybe this will start to stimulate decentralized exchanges.

Governments can try to create liquidity problems by getting rid of all the big exchanges. If they get rid of Coinbase, Bitstamp, Bitfinex etc, the crash would be pretty bad, but in the long run OTC would make bitcoin go ATH eventually, then governments would commit suicide since they realized they did a big mistake in fighting Bitcoin instead of adapting to it.
full member
Activity: 160
Merit: 100
September 22, 2017, 11:29:03 AM
#52
Hi, 
Being new to forum. My thoughts,  20% coin holder china and 60% coin maker china can't  blow bitcoin.
They take alternatives
Even if they stop exchanges /mines,  prices go up after a small fall as it will be difficult  to mine coin when 60%, not available.

I suspect more Chinese in this forum very soon
newbie
Activity: 2
Merit: 0
September 22, 2017, 11:27:49 AM
#51
Hi,  
Being new to forum. My thoughts,  20% coin holder china and 60% coin maker china can't  blow bitcoin.
They take alternatives
Even if they stop exchanges /mines,  prices go up after a small fall as it will be difficult  to mine coin when 60%, not available to mine btc.
sr. member
Activity: 336
Merit: 252
September 22, 2017, 10:03:38 AM
#50
Let them close exchanges. Closing down exchanges wont' stop bitcoin nor the blockchain by any means. The free market will always come out on top and find new solutions to the problems. Maybe this will start to stimulate decentralized exchanges.
full member
Activity: 294
Merit: 101
September 22, 2017, 09:55:45 AM
#49
I think this is just temporary and will reopen exchanges in the future. Can't tell when yet but I'm sure they will and maybe create their own cryptocurrency and blockchain too.
hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
September 22, 2017, 09:31:45 AM
#48
This seem a bad news for most of the people but for me it is not a bad news because if we are able to remove bitcoin from the list of the countries that are able to do bitcoins then the manipulation for the price and market of bitcoin will not exist anymore because bitcoin markets will be more active with well distributed supply to different people outside china.
sr. member
Activity: 569
Merit: 250
September 22, 2017, 06:46:36 AM
#47
I sometimes wonder this news from China happen one time and go, but looks like news are periodically repeating themselves. So, it has an effect of Bitcoin price. Maybe the effect will be less and less at next schedule of repeating news.
That was not repeating the news but the there are some important thing needs to consider by the regulators about crypto. because the subject still same and you like see the same news everytime.
sr. member
Activity: 588
Merit: 251
September 22, 2017, 06:04:51 AM
#46
China will close exchanges till end of septenber, i  think they got wrong decision about exchanges and they will understand it in the future. Bitcoin can be alive without china we can see it.
sr. member
Activity: 476
Merit: 250
September 22, 2017, 05:47:54 AM
#45
I sometimes wonder this news from China happen one time and go, but looks like news are periodically repeating themselves. So, it has an effect of Bitcoin price. Maybe the effect will be less and less at next schedule of repeating news.
full member
Activity: 210
Merit: 100
September 22, 2017, 05:35:06 AM
#44
I guess that is good news, the cat is out of the bag and no more rumors. China closes all exchanges based on the fact that they are operating without a formal license.

Which means there will be regulation and licenses coming soon, a good step forward.

https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/
yeah this is actually good news though it have a big effect in the market of bitcoin because there are so many investors in china but for sure it will increase and recover soon like what is happening right now.
hero member
Activity: 1372
Merit: 503
September 22, 2017, 05:31:11 AM
#43
I guess that is good news, the cat is out of the bag and no more rumors. China closes all exchanges based on the fact that they are operating without a formal license.

Which means there will be regulation and licenses coming soon, a good step forward.

https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/

As they have already banned bitcoin it might be that this is really bound to happen. The question is why would yhere be closures and banning of bitcoin. Is china closing its doors to the world or a rebellious action towards the united nations. What do you think?
sr. member
Activity: 553
Merit: 250
September 22, 2017, 05:19:18 AM
#42
China closes bitcoin exchange seems not so noticeable, look at bitcoin prices now, still expensive and looks stable even though there is a decrease of about 4% compared before there is an official announcement banned. I sure the price will normal a month again.
jr. member
Activity: 51
Merit: 10
September 22, 2017, 04:46:39 AM
#41
this is fake news to make bitcoin price down and they buy  bitcoin and up prices to the moon
hero member
Activity: 2576
Merit: 585
Leading Crypto Sports Betting & Casino Platform
September 22, 2017, 02:50:27 AM
#40
I think this is a tremendous event and makes all the shake. we all know that the largest bitcoin user is china, may chinese users find other countries and start doing bitcoin business in other countries.
Yes I agree with you that the Chinese investors of bitcoin maybe find another countries that accepting bitcoin as a legal payment because they don't want to stop their business because they seek an opportunity in bitcoin on which it become more valuable as the years past.
This is the reason why China is banning exchanges because at present they are making the largest portion of bitcoins market rather the whole industry of crypto currencies. China is at present the biggest stake holder of the crypto market and this action has made her more valuable for the survival of crypto market.
legendary
Activity: 1330
Merit: 1003
September 18, 2017, 12:59:37 PM
#39
Yes it's good news for the rest world because there will be no fluctuation in the market anymore and we can just grab huge volume in the rest time. They used to be bad guys in this movie, no offence by the way but that was reality. They did the manipulation to bitcoin many times which we have witnessed in the past. At least there won't be anything like that happening real time sooner or later.

Licensing I think has its advantages and disadvantages, it will off lead to monitoring which might be good people in the business genuinely and not to manipulate. Also, on the other hand , it will emerge new era for bitcoin business and cryptos which might either be good or negative, maybe leading us to what we know of paper money.
I think so too. I know there will be sprouting businesses related to bitcoin in the next months or years maybe, they have seem to saw an opportunity and does took advantage to it. Also it is good to hear but sadly for the chinese investors but we still not know that yet, and we cannot predict what will happen.

Actually, the "sprouting businesses" as you say is happening right now. There is a huge bubble with ICOs, Bitcoin and crypto in general. Just wait a few months and you will see. Nothing rises forever. Not stocks, not gold, not Bitcoin. it just can't continue happening. At some point, something has got to give. And then there will be blood. Shocked
legendary
Activity: 1022
Merit: 1043
αLPʜα αɴd ΩMeGa
September 18, 2017, 11:06:50 AM
#38
Yes it's good news for the rest world because there will be no fluctuation in the market anymore and we can just grab huge volume in the rest time. They used to be bad guys in this movie, no offence by the way but that was reality. They did the manipulation to bitcoin many times which we have witnessed in the past. At least there won't be anything like that happening real time sooner or later.

Licensing I think has its advantages and disadvantages, it will off lead to monitoring which might be good people in the business genuinely and not to manipulate. Also, on the other hand , it will emerge new era for bitcoin business and cryptos which might either be good or negative, maybe leading us to what we know of paper money.
I think so too. I know there will be sprouting businesses related to bitcoin in the next months or years maybe, they have seem to saw an opportunity and does took advantage to it. Also it is good to hear but sadly for the chinese investors but we still not know that yet, and we cannot predict what will happen.
sr. member
Activity: 612
Merit: 250
September 18, 2017, 10:24:02 AM
#37
Well this is absolutely a good news for cryptocurrency! For days we've been haunted by the FUD that Bitcoin is going to be banned in China and massive price drops and finally someone has shed some light upon us  Shocked . Bitcoin is going to jump in price thanks to this, and Bitcoin is going to even grow stronger if China is regulating it to be fully legal.
Yes a lot of people suffered from loss because of selling their bitcoin because they were thinking about that the bitcoin is not going to be able in china again, it is the mistake that mostly people use to do that they become impatient and they start to sell bitcoin even at the very low price so! See now the price will rise again and they will be repent in the future for selling their bitcoin at low price.
hero member
Activity: 868
Merit: 501
Chainjoes.com
September 18, 2017, 04:15:54 AM
#36
i think only yuan market can close
because okcoin international not domain cn, still open but use USD market not yuan market
and bitfinex in hongkong office(china land) not problem too,

and ready release statement only yuan market https://www.coindesk.com/huobi-okcoin-stop-yuan-bitcoin-trading-octobers-end/
member
Activity: 64
Merit: 10
September 18, 2017, 04:01:15 AM
#35
 this is fake news to make bitcoin price down and then buying more bitcoins
Pages:
Jump to: