Quote from: Freddoe on September 15, 2017, 08:04:36 PM

Quote from: hous26 on September 15, 2017, 04:17:33 PM

Quote from: Tidsdilatation on September 15, 2017, 02:26:03 PM

I think its very simple. They simply do not want a currency they cannot control. They want to be able to ban ppl from using, they want taxes, they want to be able to monitor every citizen. This cannot be done with Crypto. Therefor China does not want any of it.

He hit the nail on the head. China wants to control the flow of money within its borders, as do all states so its not really a conspiracy. China will allow the exchanges to operate but they will have more stringent reporting in place which is not entirely bad. There are certainly pros and cons.

I completly agree with you he hit the nail on the head. We can talk about that the crash is over. But if the Chinese are closing down then we are proberbly now witness to one of the biggest pump and dump. If you have the cash I think that the months to come will be very nice to buy. If you don't then hold your coins and close your ayes for the comming months.

It might be a conspiracy. Why did 2 exchanges shut down voluntarily like that??? They did nothing wrong, I think china put some pressure and intimidation behind the scenes here.