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Topic: Is China still going to ban bitcoin exchange in China - page 6. (Read 2301 times)

full member
Activity: 714
Merit: 118
I do not think that China will close the exchanges completely. Most likely they will legitimize all this and the state will take it under control. Most likely until the new year, all of China's exchanges will open and bitcoin will then go to $ 6000
legendary
Activity: 2982
Merit: 1028
Will it affect on price of bitcoin on 30 sep
I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.

Countries does not do anything to bitcoin. It is a independent medium which can do payment internationally with the less fees in any transaction with the various cost.
You can see the price chart now it is moving forward to touch the next peak value again. If it is been settled 4k USD also since that is good price to worht the bitcoin related projects.
we will still feel that for some reason, its still possible that whale will use that issue to make some dip again before the huge pumped to happen, everything will
be depend on how the people or the traders and investors will see the  impact of this closure, but as a believer I will just hold and treat this as my financial investment so in coming years it will bring me more money.
legendary
Activity: 1526
Merit: 1001
Shocked will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

Their are chance for China to ban .Because they start to get fear about that the bitcoin will reach the peak and Replace their own currency. Due to this fear they stop to ban some of the trading done in China.But now bitcoin replace his own price. It now crossed the value of 4000$.
I also believe that one of the reasons for China is that they fear if bitcoin is growing rapidly in the country. It could be that bitcoin replaces the local currency and destroys the conventional economic system. The decision of china will greatly affect the bitcoin price, I think that on September 30th there will be more panic for bitcoin users. It is feared that the price of bitcoin can go back down and of course this is not the hope we want. The only way is to be calm and tell everyone that do not sell bitcoins simultaneously. If this can be overcome then the price of bitcoin may stabilize and also rise above 4000 $.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
Will it affect on price of bitcoin on 30 sep
I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.

Countries does not do anything to bitcoin. It is a independent medium which can do payment internationally with the less fees in any transaction with the various cost.
You can see the price chart now it is moving forward to touch the next peak value again. If it is been settled 4k USD also since that is good price to worht the bitcoin related projects.
sr. member
Activity: 1274
Merit: 263
will they ban the exchanger and their citizen for doing Bitcoin trade in their country ?
Yes,absolutely they will ban it for now and a few months later on.
what will happen with the market ?
Of course there will be another downward movement caused by them for a week and month.
after that price is slowly climbing to the peak when it was.
Will they ban it forever ?
No,they will not do it because they understand how it works and how it will be in the next few years later on,
it has not implemented yet in many country and has a lot of room to grow,which mean the price is not stable yet and can increase at any time.
the reason they did it to gain more coins to increase their financial economy.
full member
Activity: 756
Merit: 103
Will it affect on price of bitcoin on 30 sep
I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.
newbie
Activity: 52
Merit: 0
Will it affect on price of bitcoin on 30 sep
sr. member
Activity: 322
Merit: 250
Shocked will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

Their are chance for China to ban .Because they start to get fear about that the bitcoin will reach the peak and Replace their own currency. Due to this fear they stop to ban some of the trading done in China.But now bitcoin replace his own price. It now crossed the value of 4000$.
newbie
Activity: 52
Merit: 0
 Shocked will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket
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