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Re: China calling for a wider ban on Crypto currency trading ?
by
dreamer81
on 16/02/2018, 12:14:54 UTC
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news

https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

As far as I know, China has not completely banned the cryptocurrency, but is in control.

At this time most people are panicking and selling their bitcoins, but I don't think that's a good idea.

I dont think many people are panic selling. I think a lot are actually moving their crypto assets into more secure coins like deeponion and monero.  This way china can ban all they want, but with Tor and Meek, there is no really way of stopping a rocket like deeponion.