Post
Topic
Board Speculation
Re: China banned crypto, sell your BTC while you still can.
by
VitKoyn
on 07/02/2018, 13:01:20 UTC
China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.
Do you really think that only china is the big player here that can make Bitcoin price skyrocket? lol. There are lots of country that have legalized the use of Bitcoin and other cryptocurrency and yet you still think that its price will fall to $0? That's not possible as long as there are people who wants to invest or have interest in Bitcoin. Look at the price of Bitcoin right now, from $6000 it is now increased to $8200+ which is a good sign that it can continue to increase more soon and Bitcoin is here to stay. China cannot stop cryptocurrency trading under their territory, they can stop those local and block foreign exchange but not the otc.