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Topic: China's memo regarding bitcoin is fake (Read 456 times)

newbie
Activity: 45
Merit: 0
March 03, 2018, 10:15:21 AM
#46
I wish people would not doubt they were not afraid to invest in Bitcoin because this is a very profitable business.
sr. member
Activity: 812
Merit: 272
February 13, 2018, 09:41:27 AM
#45
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
Yes, of course succeed with the current price reduction, and is a successful manipulation if this news is true, the problem is too much news about similar things circulating in society so we do not know which news we can trust.
It is a time of fakeness. Everyone wants to deceive other people. You can’t believe in any strange person who even wants to help you. Reason is our media is totally inputting a wrong picture of society where everyone is ready to kill other Peron. So is happening with bitcoins too. Someone is trying to demolish the good picture of bitcoins in population by creating such imitated news on internet.
member
Activity: 416
Merit: 21
February 11, 2018, 12:04:51 PM
#44
china is trying to do what all they can but in reality no country can ban bitcoin the reason people use VPN
member
Activity: 140
Merit: 10
February 11, 2018, 12:04:38 PM
#43
That is why bitcoin can not be recognized as the official currency. He is too exposed to news and speculation, and this can reduce the cost literally per day. It's too risky and dangerous.
member
Activity: 196
Merit: 10
February 11, 2018, 11:57:33 AM
#42
Most of the time have some not good people like to spread some news about the currency is not good, and then lead to the price of the currency has fallen, such, you should not buy and investment currency.

legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
February 11, 2018, 11:53:27 AM
#41
At least post a source when you make such claims.
Kindly click the link below

https://stopthefud.wordpress.com/2018/02/07/fake-china-regulation/

        

That's just someone's blog, not an official source...
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
February 11, 2018, 11:50:13 AM
#40
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
I am not sure  whether the news coming out of China is true or not,i would like to ask you ,from where you got this information and can you link the news to any legit news site.What ever be the case,the Chinese government is pushing too much and since majority of the bitcoin mining farm is situated in China there will be a time when the government ask to stop those activities too and so more companies are planning to migrate to other countries like Canada to carry on with the mining operations.
newbie
Activity: 126
Merit: 0
February 10, 2018, 08:30:18 PM
#39
Where does your message come from?

As far as I know, China's digital currency mines are moving out of China, and some exchanges have already banned Chinese residents from trading!

There has been no further news recently, possibly because of the Spring Festival in China! A lot of real work is slowing down!
member
Activity: 182
Merit: 10
February 10, 2018, 08:24:03 PM
#38
There is article who always has negative about bitcoins. I don't think that China's memo regarding bitcoin is fake because it was an obvious than they even used bitcoin for transactions. Maybe the article you've read doesn't have reliable sources. The one who is affected about this are those people living in China who buy and invest on bitcoin because they might end up thinking that the coins they have in their wallet might devalue.
member
Activity: 280
Merit: 10
★Bitvest.io★ Play Plinko or Invest!
February 10, 2018, 06:57:11 PM
#37
I'll tell you more. Such manipulations are not the first time and experienced investors and traders are not surprised. All these negative news, most often come out during the fall of the crypto currency market, to lower the rate even lower and large investors could purchase currencies at the most favorable prices.

It was the hacker who spread the fake news that china banning cryptoccurencies traders and ICOs including foriegn exchanges.which is also the one of the root cause problem why the price of bitcoin put in very critical situations very rapidly sink down. Its because of this hackers including the media who is responsible for the spread of the fake news.
 
hero member
Activity: 812
Merit: 500
February 10, 2018, 06:33:37 PM
#36
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
The topic title is "Clickbait". I thought that China was actually calling Bitcoin a fake thing...
The source code is open source and can counter that anyway.
legendary
Activity: 1596
Merit: 1034
February 09, 2018, 01:20:56 PM
#35
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
I suspect that the news is part of the game of the rich and greedy people who have a lot of bitcoin and want to reap the rewards of the price declines they managed to create in the crypto market. However, we should not lose to them because we can still take advantage of the incident to buy bitcoin from now in order to benefit in the future because bitcoin is a digital set whose prospect is very good for the long term.
full member
Activity: 490
Merit: 101
February 09, 2018, 01:13:23 PM
#34
What is your reference? You need to post an article that will support this claim so that people in this forum will believe you. Spreading false news creates a huge impact in the crypto market and we don't want anymore fake news. Similar to what the previous news about China is trying to claim, who knows? This post might be a culprit in the coin's price fluctuation. Always provide links about news. It is for your credibility's sake.


Ummm, he did. You just need to read the posts and look for the link.  You can validate it through numerous other sources too:

http://www.scmp.com/business/article/2132379/us-news-groups-targeted-bogus-email-claiming-widening-hong-kong-bitcoin#comments

https://www.financemagnates.com/cryptocurrency/news/bogus-email-sent-chinas-central-bank-mailbox-bitcoin-crackdown/

https://www.finder.com.au/chinas-cryptocurrency-ban-is-a-hoax-sent-from-a-hacked-email-south-china-morning-post
full member
Activity: 308
Merit: 100
February 09, 2018, 01:04:46 PM
#33
China regarding bitcoin as fake because they need to turn all their people into their own crypto. I heard that China is going to introduce their own new crypto.
sr. member
Activity: 882
Merit: 251
February 09, 2018, 12:31:31 PM
#32
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.

Can you provide the source of the news you wrote? I just wont to check which news are more reliable?

I wish this news could be fake, but I do not think so unfortunately. Until I see the trusted sourse of information with it, I will have many doubts about it.
full member
Activity: 854
Merit: 108
February 09, 2018, 08:27:30 AM
#31
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.

Many of us for sure will be confuse to which news we will going to believe because i alone read it in all popular sites that China will ban the crypto currencies in their country in which South Korea also asking the help of China to support their movement on how to limit the existence of digital currencies in their country. Anyway, this development is good in which it will help to improve our support to Bitcoin currency and we will hope that this news is for real that we will not going to lost the support of the Chinese people.
member
Activity: 420
Merit: 15
February 09, 2018, 07:36:30 AM
#30
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.
This is all manipulation, hardly one person is involved, negative information came from all over the world, it was a special step to drop bitcoin. And they achieved this, many closed their positions unprofitable. Friends now on the market are very big money and I think that we are waiting for a very good growth.
full member
Activity: 403
Merit: 100
February 09, 2018, 07:34:50 AM
#29
the good question is, why PBOC didn't claimed that they got hacked and the NEWS that creates more panic in the past few month is wasn't from them, it tooks weeks before they declared that they got hacked. I think theres a biggest manipulation in whole bitcoin price by this whales from china. and they got what they want, they bring bitcoin price down.
legendary
Activity: 2170
Merit: 1427
February 09, 2018, 07:30:44 AM
#28
China bans bitcoin and the tries to make the market unstable - what the hell these guys want!
Is it still not obvious? They want YOUR coins, and that time on time again. I don't know if the memo concerning the recent China news is fake, but it doesn't really matter. In a market where the stakes are so insanely high, it's not possible to differentiate fake from genuine news anymore. I rather continue to focus on my own target, which throughout the years hasn't changed. People hold something more valuable and usable than Gold will ever be, but they still don't seem to realize that.

Whatever, Bitcoin is too big for any silly and corrupted dictator country like China to kill.
China doesn't want to kill Bitcoin. If that was really their intention, they would have taken the necessary actions against everything related to crypto years ago already. China is playing a dirty game here, and that game seems to be paying off nicely for them due to how stupid the general person is in this market.
hero member
Activity: 1358
Merit: 834
February 09, 2018, 07:21:52 AM
#27
Most of the media sources reported that china is soon going to ban all websites linked to crypto trading and ICOS and foreign exchanges.A mailbox of PBOC was hacked and a fake press release was sent to media sources.It also said that PBOC and the HKMA have decided to announce a new anti money laundering regulatory framework.But later it was known that they had no such idea.

It created a lot of damage to bitcoin.Actually the hacker wanted to bring the bitcoin price down and he achieved it.

Here's my take on this. Everyone should take everything coming from China with a grain of salt. Since the sudden U-turn we have heard numerous fake news from them, and now it clearly says that they are really creating massive FUD to bring crypto to its knees. There was one thread, I can't remember posting about this but with no links so I presumed that this is already fake news but the damaged has been done. So I urge everyone, to be really careful and cautious of everything they read, specially coming from China or Russia.
I honestly don't think that the China FUD even mattered all that much. A correction was imminent after such a major bull run. China might have been a catalyst, but I don't think it triggered anything that wouldn't have happened anyways. If anything, they might've helped us by correcting the market and thus preparing it for a strong 2018.
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