Post
Topic
Board Trading Discussion
Re: Good news to bitcoin traders.
by
raven7886
on 11/10/2017, 20:48:10 UTC
"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.
Banning cryptocurrency anywhere in the world is almost impossible so is mining and bitcoin related trades so if they are working on plugging all the loop wholes in ICOs and their useles tokens that produces no value then am very happy it stays soo
I am sure even China eventually came to realise that after so many attempts of trying to manipulate the market. Some ICOs have been helpful to boost the crypto community while some have just used the avenue to scam people, so eventually, controlling some of them most especially from China wont have any effect on bitcoin and it is not like the news itself whether they ban bitcoin or not in china will have any effect as people now already understand whales are always the ones generating such FUDs for their benefit.