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Topic: News said that China will close local exchanges - page 2. (Read 1324 times)

sr. member
Activity: 546
Merit: 250

if they close local exchange then there will be some effect on Bitcoin and Altcoins
Hope this new should be fake

Thanks
Regards
sr. member
Activity: 518
Merit: 251
Hello. Bye.
Its all fud. We've been through this before all it does is bring the prices down for a month until everything shoots right back up to normal again.
legendary
Activity: 1232
Merit: 1005
Just misinterpretation of text used to cause FUD.

Nothing to worry about
sr. member
Activity: 364
Merit: 250

Only a few of them are real, most of them fake news that has made the market unstable recently.

I have checked the new carefully and asked for my Chinese for help, they told me most of them were fake news since there was no official announcement about that, but we can check that on tomorrow.
member
Activity: 64
Merit: 10

Only a few of them are real, most of them fake news that has made the market unstable recently.
sr. member
Activity: 521
Merit: 256
I hope it's not true because China is a very big market with a huge share of crypto-fiat trading. This would affect the whole crypto capitalization for sure.
The Chinese authorities seem to be complete control freaks, trying to ban anything they can't tightly control. It's definitely not good for people living in China.
full member
Activity: 252
Merit: 100
This is typical of PBOC, "leak" the news right before weekend so it can be absorbed before the big announcement on Monday. Although the rumor is that they are going to ban Crypto-Fiat trading not Crypto-Crypto trading. We will see.
sr. member
Activity: 602
Merit: 250
I believe there is a high chance that the Chinese exchanges will be temporarily closed.

Investors should not forget that Japan is the only country with a clear legal framework for digital currencies...
Monacoin should be in every portfolio as a hedge.
legendary
Activity: 1057
Merit: 1000
The Experience Layer of the Decentralized Internet
Some famous local media in Chinese also issued the same news, such as sina, ifeng, and wallstreetcn.

Yes, I think the official announcement will be released next Monday, since this information has made the Chinese market panic and some red curves a few hours ago, but I think there will be new hope again.
sr. member
Activity: 2464
Merit: 252
I hope that the information about the closure of local exchanges in China is false. In addition, no information about the reasons for such an act. The infor- tion is either untrue to sow panic in the face of the ICO situation in China, or it is greatly exaggerated. The Chinese government does not intend to step on the crypto currency and fight it. It has always been loyal to her and supported her. Here something else.
sr. member
Activity: 672
Merit: 250
DeepOnion
Some famous local media in Chinese also issued the same news, such as sina, ifeng, and wallstreetcn.
VTS
member
Activity: 112
Merit: 10
Licensing & Monetizing Digital Content!
No names mentioned, no links to official sites, no links to serious news papers no evidence, no source mentioned... smells like fake news.....
full member
Activity: 406
Merit: 114
Zero Hedge is pretty unreliable source.  They tend to go for clickbait drama and hyperbole instead of accurate reporting.  I'd want to see it from another source.
hero member
Activity: 728
Merit: 500
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
another thread about china's moves against crypto currency I think more will come, news after news and weak holders will be eaten alive because of this
issue I'm sure those opportunist will take advantage and place a good buy walls for their supported project, play wisely guys.
member
Activity: 81
Merit: 10
oh no sea of red here we go
legendary
Activity: 2464
Merit: 1387
I just skimmed over the report linked above and I
think this is actually about the banning of the ICO's
but re-headlined to mention BITCOIN which will
actually affect the price S H O R T  T E R M

KEEP CALM PEOPLE, DONT PANIC

sr. member
Activity: 672
Merit: 250
DeepOnion
A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

9/14
BTCChina will close exchange after Aug30.
https://www.btcchina.com/
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