Re: Today's news: Chinese gov restricts Crypto again...

Quote from: MartiniBlanco on February 06, 2018, 12:51:21 PM

Quote from: sukey2008 on February 04, 2018, 07:44:23 PM

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of Chinas government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the Peoples Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

Really funny that the chinese gov is doing some FUD again. I remember the last time they made all the fud Cheesy

After all the FUD bitcoin finally went up again to 20k USD and I think this will happen again soon.

I even thought they would have been tired by now. They keep using the same lines, the same kind of FUD, and what perturbs me the most is how some gullible people still fall for their crap. They can continue doing what they are doing, I believe at a point, they will eventually get sidelined anyway and no one will care about whatever comes from the country. Crypto space is here to stay, and if they feel it is a threat to them, they can go hang themselves, but nothing is stopping the progress of decentralization.