Post
Topic
Board Bitcoin Discussion
Re: Bitcoin Dumps to $32K as China’s Bank Announced a Ban on Crypto Usage
by
mayax
on 21/06/2021, 16:40:13 UTC
Banks must not provide products or services such as trading, clearing and settlement for crypto transactions, the PBOC said in a statement.

So, all the exchangers and miners from China will be closed. What does mean? Well, normally the price should down to the bottom if Bitfinex will not generate its shit USDT to buy the BTC from market Smiley)

I think they can generate 3-4 billions of USDT just to buy what the miners and chinesse exchangers will sell . Smiley