Post
Topic
Board Bitcoin Discussion
Re: China vs BTC?
by
romani245
on 19/09/2017, 18:43:08 UTC
China is not banning bitcoin.

Wrong.  China is banning Bitcoin.  They are launching a full war on Bitcoin.  Stopping the ICOs and closing the exchanges is in effect 'banning Bitcoin'.  
They are now banning all 2P2 transactions and also, possibly, the mining operations (this is unofficial atm though) so that REALLY sounds like a very direct war on BTC.

Still only rumors, but I'll admit, it's got me worried. For now, it's just a photo of a piece of paper and some rumors on 8BTC... not cause for panic selling just yet.

With the ICO ban and the exchange ban, Caixin media reported the leaked reports a couple days before they dropped. So if they do the same with the P2P network or mining ban, I suppose we know what to expect from the markets. Could the Chinese government really be that panicked over BTC?! Shocked