Quote from: Sled on September 23, 2017, 12:43:14 AM

Quote from: bitcoindusts on September 22, 2017, 11:04:13 PM

Quote from: MadMac on September 16, 2017, 06:31:34 AM

I guess that is good news, the cat is out of the bag and no more rumors. China closes all exchanges based on the fact that they are operating without a formal license.

Which means there will be regulation and licenses coming soon, a good step forward.

https://www.coindesk.com/document-lists-closure-steps-for-chinas-bitcoin-exchanges/

yeah that is a good thing about the action of Chinese government regarding these "hostile" action against exchanges that has no formal license. I believe Chinese government is going big in Bitcoin this coming months, when all the unlicensed company that deal with bitcoin shutdown. China will be trading with Clean Bitcoins. Is not that great?

There are a lot of articles in the internet that says chinese government are banning bitcoin and all the exchanges of bitcoin and that is not a great idea because if they are about to do that then there will be no demand coming from their country and that will affect the price of bitcoin a lot but we cannot do anything about it.

I think that if the Chinese government legalize and regularize bitcoin in their country then the value, market cap and price will jump accordingly. This is a very good opportunity for new and old investors to invest in bitcoin as much as they can, because in the near future due to the decision of china the price will grow more and the investors will earn a huge profit. The world will welcome that decision.