Quote from: DwarfLord on September 15, 2017, 12:29:56 AM

Hey everyone...

I just want to start a debate about your real opinion, feelings, toughts etc about the recent events going on with china rumors on banning exchanges and regulating ICO etc.

lots of news here and there .. but I would like to know what you guys really thinking ??

Real ??
Conspiracy ??
Fake ??
Misunderstanding ??

Anything you people think

and also .. what do you think will be coming next Huh

?

DL
...............

About a week ago Caixin reported that China is going to shut down all exchanges, BTCC and others exchanges announced that they haven't received any directives from Chinese regulators, yesterday BTCC announced that they would be stopping all trading by September 30.

From rumors, FUD, to confirmation by BTCC. Still the PBoC/Chinese government hasn't made any official statement regarding this, but the market has already taken the hit, and it is highly likely that China is going to shut down all exchanges.

Would it be a temporary shut down like what China did recently, pausing exchanges for four months? Would exchanges resume their services under new regulations? Would there be a government backed centralized exchange? We don't know, but sooner or later there would be an official announcement.

China's OTC exchange Bitkan suspended its services, but still there are other OTC/decentralized exchanges like localbitcoins or Bitsquare.

As other two big Chinese exchanges Huobi and OkChina confirms BTCC announcement, there would be further decrease in bitcoin price. And then it will eventually recover.