http://finance.jrj.com.cn/tech/2017/09/08211823086220.shtmlWeekend is near, and China tested their power again with their ICO news. Well now they spread some rumors about a ban on actual Bitcoin (not just ICOs) to crash the market. They put shorts, they launch the news, they make a killing.
Next week we will recover and China will have even more BTC. This is how China is stealing BTC from the hands of weak-handed panicsellers, they have been doing it for years and will continue to do so for as long as panicsellers panicsell with ban news.
Even if the ban was real, it's irrelevant, the protocol works and it will recover, and then China will have nothing else to FUD with, which is why they will not actually ban it.
At least some responsible government. China is making sure, more people will get Bitcoin before it gets to expensive. Without China wise leaders, Bitcoins would be $100k by now and who you think could afford to buy them?
Rothschild's
Walton's
Koch's
Mars's
Slim's
Bettencourt's
Arnault's
same old shit as we have now.
We are lucky some countries are lead smart leaders and not funny hair leaders like North Korea and USA.
China is probably funding Bitmain and doing a ton of damage to Bitcoin with their stalling tactics such as Bitcoin Unlimited, Bitcoin Trash or whatever else they feel like shilling at that particular time. They are funding all these trojan horse attempts, trying to control Bitcoin not only in terms of holding BTC, but trying to get rid of Core devs to put China-funded developers that will do what they want.
China is not our friend, no government is our friend when it comes to Bitcoin. They all want to control it and steal it from you so keep your eyes open.