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.
bitcoin is flexible, even if the price hits $100,000 dollars it will still affordable even for beggar, what's the matter now. it's not all about the price but just how the regulation of the chinese government could trigger panic sells. one more, there's nothing like "China is making sure, more people will get Bitcoin before it gets to expensive", china government don't give two shits about this and plain BS