Good News - China - page 3. | Bitcointalksearch.org

jvdp

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Quote from: Wipro on September 15, 2017, 12:16:22 PM

Quote from: salihno71 on September 15, 2017, 11:40:27 AM

China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

Again today many news in CoinDesk which speaks positive side and mass adoption corporates and Japan mining implementation worth some million USD. Now Chinese news about licensing issue resolved. Buyers who bought already will make huge profit by the way.

Ya I agree you buddy. The price of bitcoin is now raising some how. So it looks like as you said buddy. If so,main Investors will get their money in terms of double or triple of the investment. Their is no doubt in that.Even now you can inverse in bitcoin. Now also some how low.Tomorrow the price will reaches the moon.

nikisev

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Im the very decease you pretend to be

Yeah ive figured they just wanted kiss on the ring and than its back to business.

Dhaaaw

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Well you can begin to see the results right now ! Since all the news were in chinese i struggled with the translationand the fact that i didnt really know what happened in China so this really brings hope that we all lacked for a few days.

techindo

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this is long before the ico ban in china appeared, i guess this must be the case.
it is easy to guess how china monopolize the trade, we better enjoy this drama from china, let me be more famous again Cryptocurrency

QuestionAuthority

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You lead and I'll watch you walk away.

The way Chinese rumors and the Chinese people control the bitcoin price, devs should change the name to Chinacoin. So does anyone know if there is a single user that does NOT live in China? LOL

Wipro

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Quote from: salihno71 on September 15, 2017, 11:40:27 AM

China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

Again today many news in CoinDesk which speaks positive side and mass adoption corporates and Japan mining implementation worth some million USD. Now Chinese news about licensing issue resolved. Buyers who bought already will make huge profit by the way.

lecongnhan123

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Hopefully this is a good news for BTC. My belief for BTC and cryptocurrency world never change. I will keep all my Altcoin and continue to wait. Behind the attempts of China for BTC is what ? I think they're plotting something !

mdsharif

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Quote from: klien_br on September 15, 2017, 05:15:53 AM

Mike V - Viacoin Telegram

" I have just spoken to Yobtc.
They told me that before Sept. 4th they didn't need any licenses to open their exchange.
So now they have to close down due to new regulations.
Which probably means that every exchange will be able to purchase licenses soon.
And open up again.
So my advice is to buy as much BTC/alts as you can before that happens "

http://ap.imagensbrasil.org/images/2017/09/15/4de83.jpg

https://twitter.com/TradingWhaIe/status/908607956010389506

If china close BTC investment, I will buy more BTC for future

Miningstore

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I have heard they are experimenting with a licensing option, like a permit to carry a gun, but to use BTC and other altcoins

Ariess

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Quote from: klien_br on September 15, 2017, 05:15:53 AM

Mike V - Viacoin Telegram

" I have just spoken to Yobtc.
They told me that before Sept. 4th they didn't need any licenses to open their exchange.
So now they have to close down due to new regulations.
Which probably means that every exchange will be able to purchase licenses soon.
And open up again.
So my advice is to buy as much BTC/alts as you can before that happens "

https://twitter.com/TradingWhaIe/status/908607956010389506

wow this is good news, is this news reliable?
if true I feel happy to hear it. bitcoin is feasible to be pumped back.

salihno71

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China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

Miningstore

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what do you think BTC will crash to before it starts going back up when China comes back out of this?

slaman29

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Good news indeed, but not really a surprise for those who use a bit of common sense. Remember that this is a move from exchanges to cover their asses from possible worse case scenarios. A few have said it is temporary, and a few have said they will consider it later. None have said it is permanent. Of course the licences will come in and everything can start up. Then not only will the price recover, it will even increase. This is called consolidation, that's all!

Prodigan786

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Good news hope it will legit news and soon China government issue license for exchanges am looking forward end this bloodbath happening from past few days.

allthingsluxury

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The Chinese government is ACTIVELY cracking down on ANYONE that is trying to get money out of their country. They look at this as a huge problem. BTC is one of the easiest ways to get money out of the country. They are not going to be BTC friendly.

Slow death

legendary

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Quote from: Maheshkumar_Hrangkhawl on September 15, 2017, 06:53:50 AM

Quote from: Adbitco on September 15, 2017, 06:47:03 AM

If it's true then it's really a good news but I think no official announcement has been made till now by China confirming that the shutting down of exchanges is only temporary and they can start working again after having obtained the license.

I am also afraid that this is another baseless rumor. Till now no major media source have covered this news, and the two exchanges which are closing down (BTC China and ViaBTC) are urging the users to withdraw their coins within the specified time and close their accounts.

see this:

Quote from: ?? on ??

'Close Today': China's Bitcoin Exchanges Receive Shutdown Orders

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

Quote

1. Before 20 September 6pm, exchanges shall come up with a detailed risk-free clearing plan, and send this plan to the office. Exchanges shall deal with their claims and liabilities properly, and insure that investors’ funds and virtual currencies are safe.

2. Before 20 September 6pm, exchanges shall determine a bank account, which will be used for depositing user funds. All other accounts in banks and other non-bank payment service providers shall be canceled and reported to the Business Management Department of People’s Bank of China.

3. Before 15 September midnight, exchanges shall publish closing announcements, and announce a schedule to stop the trading of all virtual currencies. New user registration shall be stopped immediately after the announcement.

4. Shareholders, controllers, executives, and core financial and technical staff of exchanges shall cooperate fully with authorities during the clearing, while staying in Beijing.

5. Exchanges shall report their developments daily to local authorities before the clearing is completed.

6. Exchanges shall save all user trading and holding data, and send it to local authorities immediately in DVDs.

The document is signed: The office of the Leading Group of Beijing Internet Financial Risks Remediation, Sept. 15, 2017

Yobtc detailed that it would be ceasing trade operations as well.

the price of bitcoin once again dropped, I hope that the exchanges will be regulated and return

Shamie1002

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This gives us hope and and another reason that will add interest and excitement in doing jobs involving bitcoins and other coins. I guess we can't say that it will reach the highest price we have this month yet it is very appreciable that China is still doing interventions. Although statements are not clear. They still manage to update their current situation. It's more than enough to understand that we should work hard for bitcoins now a days. There are no easy ways. Hopefully, chances are still open for everyone.

ahmad21

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That was sort of an expected news from China. They were making their rules a bit strict. Moreover yes you must buy some more bitcoins or altcoins market is already quiet low. Buying at such a stage will you give you lot more bits and in long term help you as a great investment for sure.

Kingofbitcoin12345

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China have succeeded again,, making noice and be recognized as one of the most influential in bitcoin.. Attention and not regulation is the main reason for this.. Making an effect to bicoin market in every policy that they wanted to changed.. "We need china, we need Chinese investors if we need bitcoin",, that is what they wanted as to think every time and everday.. They want nothing but power and be relevant in this community they feel they are entitled to be on top..

legendbtc

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Anything can happen in the crypto market we have to take risks in order to be financial. In every investment, you will face risk but at the same time, you have to face challenges in between that. This is more interesting how can China will come up with new rules and regulation to adopt altcoins.

Topic: Good News - China - page 3. (Read 6456 times)