Post
Topic
Board Bitcoin Discussion
Re: China will ban BTC exhangers for good
by
mayax
on 16/01/2018, 19:29:44 UTC
A senior Chinese central banker says authorities will ban centralized trading of virtual currencies as well as individuals and businesses that provide related services.

Authorities will also block domestic and foreign websites and close mobile apps that provide centralized virtual currency trading services to Chinese users, and sanction platforms that provide virtual currency payment services.

So, bye-bye BTC in China.   Cheesy

https://www.ccn.com/china-looks-ban-centralized-cryptocurrency-trading-reports/

https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading

https://www.reuters.com/article/us-china-bitcoin/pboc-official-says-chinas-centralized-virtual-currency-trade-needs-to-end-source-idUSKBN1F50FZ

Again and again the Chinese Government is acting. China banned its banks from handling transactions involving the Bitcoin virtual currency and this makes the market worse.
To be honest, I was amazed by china, just imagine 'with just one hit' bitcoin prices dropped very sharply, and this can`t be denied because this is based on the fact that happened. However, They weren't only attacking bitcoin but also attacked hundreds of altcoin. This is obviously very sad for me, and now hundreds of altcoin into a sea of red.


it's not an "attack". it's a normal procedure in their view.

all the fake volumes, ICOs and many other shits brought this ban.