Post
Topic
Board Speculation
Re: Bitcoin value dropping?
by
iamTom123
on 29/09/2017, 05:04:19 UTC
Hi all, Are we expecting a drop in price since China is going to ban crytpo by end of this month?

China is expected to finally and officially ban Bitcoin exchanges as well as the holding of ICOs all throughout China but this is already old news...the impact was felt almost two weeks ago and the market has already moved somewhere else absorbing some little good news from other countries and that is why the value of Bitcoin is now back at the $4,200 level and maybe crawling slowly into the $4,500 mark. Good thing that China right now is not influencing Hong Kong to also adopt its decision as we know that Hong Kong is technically a part of the mainland China though its administration is held separately.