China to ban Bitcoin exchanges

[Jamie McKane]

China to ban Bitcoin exchanges

China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges.

 

[Thor]

This will backfire. That said I don't believe it.

 

[Messugga]

This will backfire. That said I don't believe it.

You don't believe that a government that heavily leans towards absolute control and won't even let their citizens view whatever Internet content they like, would take steps to ban a virtual currency which has a primary purpose of evading control by government? Lol.

 

[Arthur]

If this comes to pass, Bitcoin might well recover to $500 by next December...

 

[Hamster]

This will backfire. That said I don't believe it.

It's over man... it's over. Back to regular old boring ETFs and hard work.

 

[Thor]

You don't believe that a government that heavily leans towards absolute control and won't even let their citizens view whatever Internet content they like, would take steps to ban a virtual currency which has a primary purpose of evading control by government? Lol.

Neo

 

[Messugga]

Neo

In real life, China disappears Neo, tortures him a bit, kills him and shoves him in an unmarked grave.

 

[cyb3rt]

Please change the title of this. Its just adding to the FUD that is still unsubstantiated.

These misleading titles are so annoying. The ICO ban isn't even permanent.

 

[Temujin]

Please change the title of this. Its just adding to the FUD that is still unsubstantiated.

These misleading titles are so annoying. The ICO ban isn't even permanent.

+1 No actual sources for any of this. China hasn't said anything

 

[cyb3rt]

+1 No actual sources for any of this. China hasn't said anything

Now that I think about it... Its actually a good thing. Keep spreading misinformation so that I can buy more in the dips

 

[Pitbull]

This is very bad news...

 

[Neo_X]

Neo

somebody called?

 

[NeonNinja]

Mybroadband.co.za publishes fake news now?

 

[Tabac]

https://cointelegraph.com/news/great-time-to-buy-bitcoin-as-unreliable-sources-from-china-spook-markets-

Are some people having an agenda to pump Bitcoin and spook the market? This news may actually be doing everyone a favour, as it is likely to be the last time you can buy Bitcoin at these levels. We have just had it gifted to us, a 30 percent return as BTC will dipped below $4000 and then returned to business as usual.

 

[cyb3rt]

Just for interest sake on everything on the China 'situation'

https://storeofvalue.github.io/post...currency-exchanges-everything-we-know-so-far/