Quote from: timerland on September 09, 2017, 01:49:43 AM

Interesting. Even though this seems like to me to be some sort of elaborate hoax, there seems to be a pretty healthy chance that it is legit.

I mean i personally know nothing about Chinese press, but if they predicted China banning ICOs just 2 days before, then they have some credibility here. However, the extent of shutting down all bitcoin and altcoin exchanges seems to be much wider, and much more difficult to maintain.

Will they also be banning p2p exchanges like LBC, or only centralized exchanges? If the former then i think we could expect price to adjust to even worse levels. But we'll see whether this news is legit first or not.

Peer to peer will be legal, but centralized exchanges for fiat to crypto will be banned. They want to regulate it before opening again. It's quite logical.