i believe this is very big manuplation and we will know that it next month.
why some exchanges closing but big ones didn't closed yet? there are many big manuplation.
Topic: Is the China FUD over ? - page 5. (Read 2438 times)
so basically, what you're all saying is, there will continue to be (negative) news coming out of China.
So the big here question is, will that news make crypto prices as volatile as it has been in the past couple of weeks ? or the big storm has passed
So the big here question is, will that news make crypto prices as volatile as it has been in the past couple of weeks ? or the big storm has passed
with 0 fees for so long time, what the odds they did it all legit all time?
Back in the days Chinese exchanges could afford to offer zero fee trading, because they were earning loads of money through their margin trading activities. At the time the PBOC has stepped in and took the necessary actions against these exchanges, they were no longer allowing margin trading, and thus had to stop offer free regular trading. That pretty much explains how they could justify to keep their fees at zero. Ultimately, this has gained them a massive amount of new users -- who doesn't like zero fee trading?
I wouldn't call it all fud.
Yes there has been fud, but you see there are incoming regulations regarding ico's/exchanges etc.
Yes there has been fud, but you see there are incoming regulations regarding ico's/exchanges etc.
It would seem so has the Bitcoin price seem to be recovering. On the other I am uncertain if anyone can categorically state that the FUD is over, rumours and news cause these FUDs, we were hit unexpectedly with the previous news when everyone was thinking Bitcoin would remain bullish. Therefore, expect the unexpected news that could bring about any FUD and hodl when necessary.
It feels like the big storm has passed but who knows if there's another one brewing right now? The limit time frame for exchanges to announce their closing was 24 hours ago or so.
its not exactly FUD. Chinese powers to be have made it pretty clear. exchanges that have dealt with ICOs in the past well they'd best be closing, and those that have been fiat to crypto better have done it all legit, well they might get through if they ditch the CNY trading.
with a bit of luck western exchanges will follow suit.
with a bit of luck western exchanges will follow suit.
with 0 fees for so long time, what the odds they did it all legit all time?
its not exactly FUD. Chinese powers to be have made it pretty clear. exchanges that have dealt with ICOs in the past well they'd best be closing, and those that have been fiat to crypto better have done it all legit, well they might get through if they ditch the CNY trading.
with a bit of luck western exchanges will follow suit.
with a bit of luck western exchanges will follow suit.
Don't worry the communist part is done accumulating now, prices should return to normal now.
Don't think its over yet, depends on if OKcoin and Huobi can get proper licensing in place before end of October, otherwise they have to shutdown as well.
Can more china FUD affect crypto prices ?
Jump to: