October - China back in the game ? - page 11.

Str1x

member

Activity: 140

Merit: 33

Buy me a beer 13mVkBy6HVwKuNovaWzYdF27FB6pLqoJtr

Quote from: RichardBTC on September 30, 2017, 02:00:04 PM

Quote from: webtricks on September 30, 2017, 01:30:36 PM

Quote from: dineshary on September 30, 2017, 12:42:23 PM

New rumours surfacing about the return of China with regulations in October

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

First of all China was never out of game . It was a big game played by Chinese exchanges and media. They just manipulated the Chinese government's possible regulation decision into ban one and panicked the Chinese hodlers.
Chinese hodlers dumped their coins and exchanges made millions in such dump. There was never closure of exchanges planned on 30th September.

This is actually sad if its true, that false news can travel across the globe and create such unrest. I read in someones post that China has banned bitcoin multiple times, and everytime they did they unbanned it a little bit later and the bitcoin price bounced back even higher. Hopefully this will be the result again and we will see bitcoin price of close to $10K by the end of the year? There will be smiles all around

In a unregulated market that will always be the problem. You can spread fake news to manipulate the price and buy in cheap. In a regulated market spreading fake news will get you sued. In cryptocurrency world nobody cares (except the people invested into bitcoins)

RichardBTC

full member

Activity: 201

Merit: 100

Quote from: webtricks on September 30, 2017, 01:30:36 PM

Quote from: dineshary on September 30, 2017, 12:42:23 PM

New rumours surfacing about the return of China with regulations in October

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

First of all China was never out of game . It was a big game played by Chinese exchanges and media. They just manipulated the Chinese government's possible regulation decision into ban one and panicked the Chinese hodlers.
Chinese hodlers dumped their coins and exchanges made millions in such dump. There was never closure of exchanges planned on 30th September.

This is actually sad if its true, that false news can travel across the globe and create such unrest. I read in someones post that China has banned bitcoin multiple times, and everytime they did they unbanned it a little bit later and the bitcoin price bounced back even higher. Hopefully this will be the result again and we will see bitcoin price of close to $10K by the end of the year? There will be smiles all around

kijaki

newbie

Activity: 41

Merit: 0

Indeed very interesting. But when you look to the price, it goes straight up at the moment. When china will come back, then the price will probably raise much more again.

joseafonso123az

sr. member

Activity: 476

Merit: 250

I also think China will return to have BTC exchanged and used, maybe with some restrictions. In terms of technology, China are ahead of many countries, and if thy leave the digital currency they might fall back to the countries that have started accepting, and dealing carefully with BTC. Let's see what October brings to the bitcoin world

deftronic

newbie

Activity: 4

Merit: 0

Also read the news. Quite curious what will happen in the coming days. Guess the whole story was about regulating. Lets see what will happen also in terms of market movements.

webtricks

legendary

Activity: 1918

Merit: 1728

Quote from: dineshary on September 30, 2017, 12:42:23 PM

New rumours surfacing about the return of China with regulations in October

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

First of all China was never out of game . It was a big game played by Chinese exchanges and media. They just manipulated the Chinese government's possible regulation decision into ban one and panicked the Chinese hodlers.
Chinese hodlers dumped their coins and exchanges made millions in such dump. There was never closure of exchanges planned on 30th September.

pekingcoepo

full member

Activity: 448

Merit: 100

I hope this is good news for the beginning of this month, so it will increase the price of all the coins on the market.

TrueAnon

legendary

Activity: 1120

Merit: 1000

Quote from: cryptotal on September 30, 2017, 12:55:12 PM

If this is true. BTC will price will move forward.

Not only BTC, but Neo as well.

puremage111

hero member

Activity: 1568

Merit: 511

Yeah i think

From start, my thoughts were China will never ban it forever if they wanted to intro crypto or blockchain technology into china

Reasons, if you wanted to learn something, you gotta learn from the pioneer. Bitcoin

danny0201

newbie

Activity: 41

Merit: 0

China or not we will moon anyways. of course they are a big player in the game but it won't stop the market from moving up.

cryptotal

full member

Activity: 448

Merit: 100

cryptotal

If this is true. BTC will price will move forward.

TrueAnon

legendary

Activity: 1120

Merit: 1000

And even if they don't...things have calmed down again. Let them stay where they are

sch_lau

member

Activity: 103

Merit: 10

🌟ATLANT ICO: 7/09/17🌟

I really hope China will return! it sad for all the people there who are making a living out of this. also they have the biggest mining firms, they just have to return onto the scene!

dineshary

full member

Activity: 131

Merit: 100

New rumours surfacing about the return of China with regulations in October

https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/

Topic: October - China back in the game ? - page 11. (Read 3577 times)