Bitcoin Forum

Don't panic and don't sell your crypto  >:(, it is only fake news , they can't bane banne bitcoin  8)
I have told you that some Chinese exchanges might be banned according to our own sources. Do not forget China cannot ban Bitcoin and is not banning bitcoin. The market is going down a bit now but in my view it will recover. Do not panic. :P ::)

I also hope that hopefully, bitcoin prices can recover, because the impact of the news is very outside can affect the market price bitcoin. Lots of bitcoin users are panicking about bitcoin market price movements that ultimately get a loss on the impact.

They are not banning bitcoin, it's only the ICO's and their local exchanges. And you are having a good speculation out there and I'm not going to panic anymore. The price is recovering a little by little and I'm satisfied with it. And this is because of Charlie Lee's twitter post that made many hodlers to sell. Just keep the faith, relax and hodl.  8)

China is not banning bitcoin but some exchanges and ICO temporarily as long as I know, haven't heard any updates on the discussion if it was permanent. I don't have exact information but someone's shared to me about a protest rally to be done by Chinese investors as no exchanges have issue a warning before the banned is due. I hope for the best of bitcoin and I think the increased will be continuing in this coming days. Be patience everyone and hold your bitcoin tightly.

   On this unstability period Im go to dogecoin, Becouse I want to safe my money from risk!                                             

I have said it so many times that no one country owns bitcoin and as such no country can bring down bitcoin!

it is not a country that lowers the price of bitcoin, but a country's decision on the bitcoin usage policy is affecting global bitcoin market prices.

I agree with you and i do not believe Bitcoin is banned in china its just stupid news.Bitcoin is global currency so this coin popularity is high in wrold wide.When this news is published after that everybody try to sell their BTC.Keep paitence.

That's right. If BTC were to be banned in a country where there are many investors, like in China, some of those coins would be converted back to local currency.
People would be afraid of being unable to trade and cash out, so they'd sell while the exchanges are still online.
As we know, a massive sale, even if performed by just 5% of the investors, could trigger an avalanche.

Panic just makes you fail to survive, and that is the main problem of a trader. This issue is very annoying I am sure only "FUD". Some people want BTC down and depressed, while they enjoy the price for some time. I do not believe in tires. If this happens China is suicidal. :o

So, no fundamental reason for the price drop? In that case, it's quite possible that pump&dump groups are suppressing the price. I wonder for how long they can hold it down.

We can't blame those who were panicking at time when drop of price, they're not expecting much about this as we're seeing increases since august 1st. Let them experienced it and I know they will learned from it. China is always been like this since let just ignored much rumors about them it won't helped us to go forward. Bitcoin now is recovering and i think it will increase more.

China spread rumors before that bitcoin will be banned and it was effective thus they do it again. I agree that we cannot blame those who panic because there are countless predictions that bitcoin would continue to rise and the possibility to double in just a few months and then when they heard the rumor about bitcoin, they just panic and immediately sold which has greatly affected the market.

Bitcoin has been rising for a while and seeing the rise in price makes me worried it will go down just as quick as it had risen and it is already happening now. I believe bitcoin will rise again and now it is just a healthy correction. In every market there is a cycle and this correction is needed so that bitcoin will not become a bubble so it has to go down from time to time and not just continuously rise up.

I would say for me that the China banning bitcoin really got me interested somehow on how the price goes. Most of us would really have some negative reaction upon hearing this news but its in more reading that we realize it could be just another fake news. A lot of influences could affect prices not just btc but anything in the economy. Even before these China issue, there had been price falls and increase so i am not really worries if there are some kind of news like this.

Yes, its true that China cant ban bitcoin. But the news all around saying they did, already did freaks people out. You should be glad for you know for sure China will never ban bitcoin, you should be glad and buy more :D.

I too believe that the dump in the Bitcoin market is just for a short time and as soon as Chaina's government settles the matter i.e. they are not going to banned Bitcoin exchange and are banning ICOs temporarily, the price of the Bitcoin again began to pump,so hold on  for a while and do not  panic or sell your Bitcoins. 

So many told in the past thread it was a fake news and spreading it on the internet. Bitcoin cannot be banned by China because they are a developing country as par as I knew, however we will see in next month the rise in Bitcoin price.

Losing China in the cryptomarket can really affect us even if it's just fake news. It just show that this country plays a major role in trading bitcoin. They has also the largest bitcoin mines so banning it is really absurd.

The "ban on bitcoin" can mean a lot of things. It can be any of these:

1. A ban on the possession of Bitcoin
2. A ban on the trading of Bitcoin
3. A ban on the conversion of Bitcoin to fiat
4. A ban on using Bitcoin as a currency
5. A ban on trading derivatives based on Bitcoin.

Right now, it seems to me that the Chinese are more concerned with #4, because they are afraid that Bitcoin can seriously undermine the Chinese Yuan.

very good
thank you for these very useful explanations

don't panic none of nation worldwide can affect bitcoin , we are strong enjoying freedom of payment everywhere . they only can close exchanges but nothing else can be done still chineses can use bitcoin ,eth even NEO

The more they accused bitcoin of being "fraud" especially Jaime Dimon. The more bitcoin will be popular remember bad publicity is also a publicity. Bitcoin is strong on the top now and it will be there for a long time.

well, let me tell you it was a great oportunity to open a short position after Charlie Lee tweeted his "joke" about the news from his hidden source.
It was a 1000$ per BTC movement. So could have made a lot of money. Without selling one BTC , just with leverage.

It is impossible to ban the possesion of Bitcoin. How many people will be in jail if 1 practiced. A ban of using bitcoin as currency, in many countries do so, however practically many people do transaction using bitcoin. WHo knows if I bougt a cloth with bitcoin offline.

Whether an actual "ban" or not, I'm curious what long-term changes this will have to other countries and how they interact with cryptocurrency. Thoughts?

I am guessing that it's some newbies that are panicking at the moment, thru don't know enough about the cryptocurrency market at the moment and it's setbacks like these that will make them really appreciate and learn instead of depending on everyone's say so.

bitcoin will not banned at all. and if its ban in china it will not affect totally the cryptoworld. its normal that bitcpin dump and pump. same like before. we need to worry if the bitcoin price go down to $1000 but as we can see it rise at fall in a day. lets just hope that biycoin will rise up to $5000

There could be a possibility that they are banning it I think it was official. On the other hand some news emerged as well that the reason of banning it in their country is due to the emersion or they wanted to make a similar kind of bitcoin on their own. Banned or not though I will stick on bitcoin and will continuously look at this low deep as an opportunity

Coming from a dude who calls himself "Islam Power".Do you really want me to consider your thoughts logical ?

You're forgetting the fact China controls most of the mining scene so banning bitcoin in such country would definitely mean something.

What do you think how long will it take to spread around the neighbouring countries ? This is bad move and could affect bitcoin in the long run.

Of course as the dominant or totally monopoly of mining. Shutting down all bitcoin related activities will seriously put a dent on the market as we have seen in a little as 2 weeks. But if they chose to close the door, I guess other opportunities will open for others. Maybe Japan will take the lead and the void that the Chinese will left. I think they have invested on their own mining farm and soon we will see this idea come into fruition. There is also South Korea who is also as dominant as Japan and China in the trading sphere. Of course the West is also there as well. Short effect, yes, but I doubt it will have serious affect in the long run.

I can confirm that India and Pakistan won't be affected my China's views on Bitcoins. India, with the second most population,  favours online currency to play an important role in the market. What bugs me is how is mining being affected vastly by China's withdrawal from the Bitcoin network.
Around the world, Bitcoin has influenced itself over the last 7 months with its rising price from 800 to 4k$. It's a  progress leap of 500%.
In the future, it will only keep rising more.
On a side note, could you summarise in a few words as to why China has started withdrawing from the Bitcoin market?

Who said that bitcoin is ban in China? You just misunderstood the fact that China is not literally banning bitcoin, but exchanges and it's ICO's. And I've read an article that these are just temporal so we can see on how China is taking it's sentiment for bitcoin in the first place. They just want to regulate the crypto currency transactions in their country.

I agree with you . China wants to control its users and avoid shifting to other countries, which is justified because China owns more than 70% of the total number of Bitcoins and the ban is never going to happen.

This FUDders spread fake news and it cause fear among weak hands that they sell their holdings at a loss. What is clear is for the ICO ban TEMPORARILY. On update, I think they will come out with Licensing on ICO's, this way they can catch those scams or make them answerable to law.

Indian will be the first country to ban bitcoin after China.The government is already implementing heavy tax schemes and they don't appreciate cryptos.There are no laws governing the scene at the moment but if one country starts banning it,certainly it will spread the word around.  

Yes,china has decided to regulate and issue license for bitcoin exchanges.BTCC has shut down voluntarily while the two other exchanges work normally.There was lots of FUD encouraging panic selling and i think once again the weaker hands,newbies have once again sold all of their bitcoins to big whales.Price has almost recovered to $3668 today which shows that there is still a huge buy wall because bitcoin has investors world wide and no more dependent on china.

Absolutely not.India has already formed a committee to give recommendations in favor of legalizing crypto currencies within six months.So india would not follow china blindly.It was earlier when india was thinking of banning virtual currencies but later took a U-turn in its decision.So,if india legalizes bitcoin,then it would increase the demand of bitcoins more.

china does not banned bitcoin but banned exchangers and ico. for news that affects the bitcoin will definitely make the panic holders let alone news like this which I think has a major impact on cryptocurrency.

To add further, with the recent de-monetization in India and the rise of online banking apps, India is already favouring Bitcoin and cryptocurrencies worldwide. There is but very little awareness about Bitcoin which is a major drawback to the industry. Some people are ignorant while others unaware. I guess seminars and workshops explaining the Bitcoin terminology should be help at places to enlighten the mob.
There are several Indian exchange websites and day by day, their numbers keep increasing.

china not banned bitcoin, but only ICO, and exchangers just have to got licenses to continue their platform in bitcoin world. i dont know why those more people panicking and rushing sell their bitcoins and alt-coins. lol i dont see any worries about this droping moment of all coins. i think it is just to start reinvest again to got/gain more profit before the end of this year.

yup that is true bitcoin is on the internet it is like the movie nerve hehehe if you know what I mean
but hopefully BITCOIN will start and recover again the impact of these and in the investors holders miners etc.. is so big

and t those who bought BTC before the price drop hehehehee beter luck next time

Bitcoin was never banned in china, the media just reported it wrong, these people still needs more education so that whenever they report something about bitcoin they can also educate the masses, rather than creating a juicy news for them, they should remember that its not all about the ratings, what matters is they should report factual news. However, the banning os dcam ICOs and shutdown of btcc china, made an impact to the crypto economy, the drop of  of the value of bitcoin, only shows that there are a lot of new investors, who have weak hands, you can see from the exchanges that there has been a large volume of people who sodl, and this is usually a beginner's error, they failed to understand one of the basic principle in investing, that is to buy low and sell high, the shutdown of btcc exchange, doesn't mean they can't invest anymore to other exchanges, rather they just made an easy way out, they sell their bitcoins, and didn't even think of winning it back, once bitcoin rises again, they might regret selling their bitcoins. I hope that the chinese media, had seen this coming, just because of a wrong report, new investors or even those who hodl but with weak hands, will likely regret in believing such news, they should have first made an investigation before reporting it, and as we know, a negative report will be heard around the world, and just what had happened jpmorgan even capitalized on this report and the fall of price of bitcoin. Fortunately, real news are coming out already, bitcoin is not banned, and the report shoukd also consider the fact that the chinese already invested a lot on its miners, and legalized the used of bitcoins, why would they just waste a lot of time, money and effort in banning bitcoin.

I hopefully looking forward to that

i saw a news saying it is fake and not enough info regarding to that happening in china where BTC drops its price

definitely it will recover again and much grow even bigger

Yeah. China is banning ICO which is susceptible to a lot of scam and fraudulent acts. China is banning exchange that participate in fraud. Some are just suspended because of having no license. Soon they will operate again. China is becoming strict on this field. That is just it.
There are a lot of people who already sold there investment. I don't know if it is our benefit or there loss. Just keep on buying when it dips.

Yes true, and I'm sure bitcoin users in China will not leave the business that makes them rich, they will do everything to keep bitcoins, even until they have to go abroad.

and this has been proven, bitcoin has again grown with prices that doubled from the price yesterday.
this shows that the power of bitcoin is very great and the problems that occur in china it is only a small problem that can be solved only within a few days

thats what i dont really get about this. if they are going to ban exchange trade, but for a limited time, why panic? at the very least, look at it as though your coins might be locked for x period of time. but why sell, when obviously the price would surge when they do legitimately open the markets again? the demand that China generates is proven at this point, we have had two bubbles popped at this point.

i think the media ran with the fud, to depress the price. we all knew it would/will be temporary ;)

I do really hope it is a fake news, it will be really bad for bitcoin price if the exchanger being closed down, within the news the price fall down 30% if it is really happened I think we can back to $2000 and it will take a long time to back to $4500, but now the price is gradually recover, so there is a hope that the news is fake

This is also what I want to say. it's just a trick to compel us to sell bitcoins. This is a tactic to overthrow the price of bitcoins and the whales will increase it. And of course what happens to sellers can buy high prices. So I expect that the price will be higher and will meet the new All time high. After the drama and panic selling ended. It has also happened recently where the price of bitcoins dropped from $ 4,000 to $ 2,700. So as long as possible. Do not sell Bitcoins. Because you might not even be able to buy it cheaply

On the headline "China Banded Bitcoin", and that's yes that's the fake news, we don't know what's the point of spreading that fake news since China doesn't ban bitcoin but they are regulated in terms of their government policy. My other point of view is that they try to kill Bitcoin and then start promoting their forked bitcoincash and NEO crypto which came from Chinese dev team, and they paid the fake media for publicity stunt, IMHO.

Wow. It´s incredible what is done to incite to the people to sell their BTC. With that, it was demonstrated that the BTC is so powerful that can recover pretty fast from any fake news.

but they ban some exchange. this make many China trade say goodbye with crypto world

I think even if bitcoin is not banned in china but if to do exchange in banned of course this makes crypto trade in china will not run, I think this policy is unfair.

Crypto World bid farewell to China. Today and tomorrow will be the progress of Bitcoin without China.
https://i.imgur.com/4GMkZt8.jpg

True, it's just the fake news they use so bitcoin owners sell their bitcoin and make the price down, then they'll buy a massive bitcoin because of the cheap bitcoin price. When they buy bitcoin in large quantities they will become the majority of market rulers and set the price of bitcoin as they please. Therefore I suggest that do not panic and sell bitcoin, wait until the price back to normal.

Yeah, a lot of people are panic now, it makes the bitcoin prices went down. We must be strong, and really look up to the news wether it is 100% true or not. I hope we can learn something about this event guys, and keep investing in bitcoing. By the way, im just a newbie, wanting to make a higher rank and want to make some bitcoins.

I agree with your opinion because bitcoin entrepreneurs are also coming from china, maybe it's true the Chinese government will block bitcoin, but it's possible that bitcoin owners from china keep doing bitcoin trades using different identities.

Fake news?
But China does not ban bitcoin. China banned ICO only.
So I would like to say that may be fake too.. How can ban ICO?

I don't have an idea if they are owning more than 70% worth of the total bitcoins in the circulation. There are a lot of news that comes out from China and everything is aware of it and this weekend we can breathe widely because the price starts to get up again. And China is a big player in the market that has a lot of miners, investors and traders so the news did affected the market.

Really happy to see bitcoin got up in the last 24 hours. We really don't know what's real news coming from China anymore. The fakes news has already affect us in a very damaging way that the price plummeted below $3000. However, we are already in the road to recovery so I guess people already know how to react from fake news, by buying more bitcoins. Let's see if the trend will continue despite negative from the Chinese government towards bitcoin ecosystem.

Ofcourse, china wont ban bitcoin, they only ban chinese ICOs that scams there fellowmen , this kind of news gives great impact  on the price of cryptocurrency because they are decentralized. Price of bitcoin goes down this past few weeks because of panic selling, and now i see that bitcoin is now recovering as investors starts to buy bitcoin for themselves and hold it. This is an opportunity for most of us, we just need to be patient and wise enough to analyze things and news that affects this kind of investments.

Alright, it landed now at $3,800 so there's a big hope that we will going to see bitcoin again at $4,000. Those news are coming from China can be found in news crypto articles and those people that are relying to Charlie's Lee status on twitter they are so many of it. And many are taking advantage of those news for spreading fud's on internet and made people to sell.

The news about China is just a drama and it is launched because people wants to buy a cheaper bitcoins and they can just do it when the market is falling and they make the market falling by telling fake news and giving some negative thoughts about bitcoin like saying that it is fraud but in the end of the day it was just a fake news and fake accusation.

As per preev.com its above $4000 now. I think the drama is over for now. We have unmasked the entities behind this FUD and the massive buying as well. JPMorgan is really the brainchild adding the fake and negative news from China. Its a relief from 2 weeks of seeing the market going down in shambles. I'm seeing a massive bull run already boiling and the steam has just started. Let go and move forward from the China news, they already impacted the market so much already, its about time to see the steam of bitcoin and where will it take us.

Yes thanks. It is good to see that the bitcoin market is recovering. Many people must have gotten bitcoin at a bargain price !!

Yes bitcoin is not ban in china,
There's china's three largest bitcoin exchanges stop offering local trading.
That's why the bitcoin price is fluctuate drastically.

Chinise exchanges what was not listening ico's will oparate untill 30 oct.I ve been reading exchanges will need to ask for licence.Trading like chinise usdt will be created to prevent from capital outflow and money laundering

It wasn't really so much fake news as the government was talking about changes in protocol and the fact that we don't get much information out of China or at least not any non-modified information out of China then things appear differently than they really are most of the time. Combined that with the fact of fear based rumors that go around in a crypto-currency market and boom you have a China ban.

Agreed that China can not ban Bitcoin outright for the entire world but it can make its citizens not participate in the buying and selling of Bitcoin through strict legislation. And that is what is happening now. It isn't a fake news that there is a ban after the clamping down on ICOs and exchanges in China. It's all over the news. No FUD, dude. 

CHINA did BANNED the bitcoin in their country yesterday they announce the last day to withdraw all bitcoin and investment ..
i saw it in the news but theres a twist after having that news and people did whwat the covernmeent told them they released a news (law) that you need to get permit for you to have emining and bitcoins .. then at the end China didnt really want to ban bitcoin but to have tax in earning at bitcoin :D

Bitcoin is thriving in China, enough that the government is implementing things to make it cheap and causing FUD in order to buy before the price reaches $10,000. :)

Is Bitcoin officially legal in China?
but I don't think it is that important.

It's just to murky the water while some people make good profits. The rest give in to fear and sold their bitcoin. This is why I don't read or listen to these so called "news" articles.


I don't think so. Let's just leave them in the water. People let external influences Change their opinion too much.

The truth will eventually come out, but before that happens so many people or investors have already lose their investment, good for them for not believing that Bitcoin will eventually get back and comes back more stronger than before, butt this is not going to be the last news of it's kind.

as usually these fake news create a trap for newbie. they buy during a strong peak (5000$) before a big dump (3500$) in less then a couple of days.
never trust only news, and who start to buy for the first time btc should save for a long time before selling again.

Lots of fake news to cause turmoil. Alternative motives. Lies being told and spread just like properganda and wild fire.
It's not the end it never is and never was but they talk about it like or is to get people to sell at low prices so they gain more bitcoins.

I missed that chance of seeing it on preev above $4,000. Did you really checked preev? So far I know that it didn't pass $4,000 for now and we are still in the middle of $3,000 - $4,000 run and is quite stable at $3,500. If $3,500 will be the new floor price it's still good. Those FUD that are spread in the bitcoin economy surely made the price started to crash.

Buy now and sell when China pumps the price again.

There is no fake news involved i don't see anyone telling tgat bitcoin has been banned in china they have only banned exchanges in their country and the fact if yoj have bitcoin in china with a value but there is no way to sell it this indirectly means that is banned what's the use of having something worth 3000$ when you can't sell it

Do not panic because no nation around the world can influence bitcoin, we strongly enjoy freedom of payment everywhere. They can only close the exchange but nothing else can be done still chineses can use bitcoin

Bitcoin was not really banned in China and the Chinese government never expressed such intention. The three biggest exchanges on trading crypto-currency in China announced that they will stop trading bitcoin from September 30, but this does not mean that the crypto currency will be banned. In addition, it is assumed that the closure of exchanges in China will be temporary, until the order of the circulation of the crypto currency in the country is completed.

thats also my prediction chiana want to handle or control the bitcoin to regulate bitcoin for the government interest, i'm not panic about thar issue because many country to help bitcoin and accepted as currency, if chine bitcoin exchange totally banned the bitcoin botcoin raised at many country to continue the popularization. i believe bitcoin value uprise again.

Many are still in doubt about bitcoin they say it's scam and fraud, now the news says china will banned bitcoin but none of them was able to prove it they don't believe in bitcoin because they don't have the knowledge about it they just believe in other people saying but for me bitcoin is really a helping hand to many people I would always be glad that I learn bitcoin

indeed I do not panic, I can get a lot of profit from the bitcoin decrease. because I can buy lots of bitcoin at a cheap price. that time the market panic resulting in decrease in bitcoin prices.

Yes bitcoin is not banned in China, thank goodness, like China has a huge amount of bitcoin investors, markets will not be the same as before.  And panicking will happen no matter what, because some people have put whatever they have in it, if the price goes down ,they will force sell it because their situations will force them to do so. And just so you know exchanges are not banned, they are just closing down for now because of some policies I believe.

this bitcoin price reduction does not panic for some people who have a lot of capital, but for some people who have little capital it very makes their panic because they certainly do not want to suffer a big loss especially if they keep the amount of bitcoin they have to wait for the price back as it was was very long.

a good news for bitcoin price, but for freedom that china's market gonna take the command after this.
so i dont think that it would be good for people that fed up with china doing. hoping that china will stop taking over the market again.

Nobody said bitcoin was banned in china. They only said the exchanges was banned.

YOU are making fake news.

Lol, everyone knew that Chinese people can't throw away such investment. They ban exchanges because its a threat for some business, since bitcoin got so many demands governments started to act, since lots of exchanges are not owned by their people.

china banned ICO not Bitcoin , and i not going panic to hear that news , because i believe , bitcoin has a good profit in future , and eventhough another country banned Bitcoin , i'm not afraid ..

if its true, thats a good news to hear. to release those doubt that this china is the reasons why all coins are dropping down in the market. i think this fake news has a intention to us to sell our coins in rush, ( a big dump ) to rapidly drop bitcoin price and they do buy/bought bitcoin including altcoins in the market while we dumping our coins in a low price. that what exactly they want after announcing that fake news. it is just my opinions.

If this is confirmed, then this.is good news for us all. I think the media is always.making juicier news for their ratings, the price went down becuase thry have caused.panic, and those with weak hands sold their bitcoins, causig a drop in price, noe that the price is rallying back, it only means that they made a wrong decision, though the news said it is only for china, we should remember that bitcoin is global, so there are weak hands around the world, they also contributed to the price drop. We should all be informed regarding the news and not be threatened or panic in the instance we heard negative positive news, we still need to do our research in order to check whether the news is true or a fake news. Some sites are trustworthy when it comes to news about bitcoin, but i think we should get thr information first hand, from those people living in china, who are investing in bitcoin as well, but as far as the news goes, i think it is confirmed that china is not going to ban bitcoin, since they already invested a lot on bitcoin, and most of the millionaires in china prefer to use bitcoin for transaction since they need not to go the bank just to transfer and to pay for transactions and taxes. Hopefully such news will stop or first be confirmed by the government so that all of us will be aware and can make a plan on how to deal with it, in case a country will tty to ban bitcoins, and not just panic or be threatened because of fake news.

Bitcoin prices will never fall severely as the supply gets more and more limited

Everyone should not panic because it causes the price of bitcoin to drop very fast and big. We should stop spreading fake news to not cause people to sell their bitcoin. We bitcoin users are all affected whenever the price of bitcoin falls.

I had guessed from the beginning that it was false news about bitcoin being banned in China. I think it's a strategy of some people that some people who have bitcoin are busy selling bitcoins at a falling price.

Even if it is a legit news there will be no effect to bitcoin.  Even if China banned bitcoin, the fact that there were still a lot of supporters bitcoin have from around the globe.  Obviously today its price goes up again and it just shows that whatever threats we heard about bitcoin, it does not affect it.  Actually it is a sort of good news because I was able to buy a bit of bitcoin thus, adding it to my investment.  And considering that bitcoin has been tried and tested that its price continue to goes up, I could have a good profit in the future. 

Hopefully your words are true. That does not ban bitcoin from china exchanger. Because of the huge damage the bitcoin gets and its price in the market place will continue to fall.I hope bitcoin price can be recover.

No one knows the news is real or just chinese boast, the media also likes to overload the news so they have a lot of readers, but look at bitcoin prices, the price was destroyed when the news came up, but back to $ 4000 yesterday, I'm not sure the news is real, or maybe they buy more when panic is in progress

News is correct, its not fake. They are even trying to block all btc transactions.
Read here: https://news.bitcoin.com/china-block-all-bitcoin-transactions/

But they do not seem to sell all their coins yet, prices are still as stable as possible if they've sold all their coins, bitcoin prices could be down to $ 2000, or maybe they're waiting for a higher price

Even if China really prohibits bitcoin, it will not affect its development, since there are many other countries that support it. But I do not think that the Chinese really want to give up their money with bitcoin.

Bitcoin is not banned but they have banned ICO investment in their country, and they just stated the exchanges to stop their exchange for some time till they dont form the rules and regulations to for the exchanges to follow for the further exchange working. That is why some exchanges stopped their work due to they cannot now do the fraud in the trading of coins. 

The worth of the bitcoin is increasing more and more. It is not good to panic because none of the worldwide a nation can affect the bitcoin ever; it is providing the freedom in the case of the payment in all the areas of my country. They can only stop the use of the bitcoin at some specific areas but cannot make the bitcoin disappear from their country so I think banning bitcoin can never affect bitcoin as a lot of other countries are using bitcoin

People still saying china banned bitcoin. Stupid people. China only banned exchanges, nothing else!

You oversimplify the problem. If you prohibit the exchange of bitcoins at the moment it would mean the death of bitcoin. This is another reason to think about the fact that without the use of bitcoins to purchase goods we will always be under the threat of bankruptcy.

yeah. China hasn't banned Bitcoin anymore, they only ban ICO and its exchange. but some people spread out it as a ban in China. I think there are a lot of sources for getting real information regarding Bitcoin so that don't be panicked and keep in touch with Bitcoin. Bitcoin will be legal in China within a couple of months.

Of course! As we all know China is known for having great businesses around the world. And investing or buying bitcoins is part of the business part. If China will take it out from its citizen and those citizen found out that bitcoin is so worth to put their investment on. They will move to other country for them to invest in bitcoin, thus they will lose businessmen. And after that a chance in decreasing their economy. Big loss isn't it?

first this is bullshit.
secondly it is impossible to do which makes it even more bullshit
third it is bitcoin.com and they have just been trying to put fuel into the already burnt out fire to try and pump their altcoin (bitcoin cash). and they have been failing.
finally, a click-bait news site which belongs to Roger Ver is not a reliable source.

I researched about china banning bitcoin and is not true but they only can manipulate it. They only prioritize their own money country it only controlling the bitcoin in their country to the economy . don't us panic because its only a hoax news or fake don't sell your bitcoin because no one can destroy it.

Yes they cant ban bitcoin, but they can ban the use of it.. heard also they charge big to those ICO that are accounted for. But as said there is nothing to be afraid of. As google was ban in china it still strive to millions now. In bitcoin it will be the same.

Just to make it clear. China CAN ban bitcoin if they want to. The case now is that, they are not YET banning bitcoin and I think that they WON'T ban it because many Chinese investors have put their money on it. If China bans bitcoin, these Chinese investors will surely get raged and will surely affect the country's economy. So stay calm. I am not even alarmed with that news anymore.

These are the major risks with bitcoin. Government will shut them down eventually.

To all of you saying cryptocurrency will be doomed if they ban the exchanges, atomic swap was tested and it was successful. Quoting bitcoin magazine:

Atomic Swaps

"Interoperability between Bitcoin and altcoins is not new. So-called atomic swaps (or atomic cross-chain trading) were first described by Tier Nolan back in 2013.

Let’s say Alice has 200 litecoins, but prefers 1 bitcoin. And Bob has 1 bitcoin, but prefers 200 litecoins. So Alice and Bob agree to trade. But neither Alice nor Bob trust each other, so neither wants to be the first to send over the coins. The other may not return the favor.

That’s why Alice and Bob set up an atomic swap.

Atomic swaps utilize a clever trick known as a hash time-locked contract, which in turn leverages the potential of multisignature addresses and time-locks. All this is enabled by the basic scripting language found in Bitcoin and most altcoins, including Litecoin.

In short, Alice and Bob submit transactions to both blockchains: one on Bitcoin and one on Litecoin. The Bitcoin transaction sends 1 bitcoin from Bob to Alice, but Alice can only claim this bitcoin if she reveals a secret number only she knows. The Litecoin transaction sends 200 litecoins from Alice to Bob, but requires the same secret number on both chains.

When Alice claims her bitcoin, she reveals her secret number on the Bitcoin blockchain. And with that same secret number, Bob can, in turn, claim his 200 litecoins.

Even though the transactions are on completely different blockchains, they are effectively linked. Bob just needs to monitor the Bitcoin blockchain to see if Alice claimed her bitcoin so that he can claim his litecoins.

All this works today. But it is a bit of a hassle. Alice and Bob need to find each other to set up the atomic swap, which then requires several transactions on multiple blockchains.

This can be improved.

(Note: there are some extra steps to ensure that Alice actually does claim her bitcoin within a limited amount of time so that Bob can also claim his litecoins in a timely manner. The specifics are beyond the scope of this article; however, for details on how hash time-locked contracts work, see Understanding the Lightning Network, Part 2: Creating the Network.)"

And that's why banning the exchanges won't kill cryptocurrency.

not everything will end like that later, because each country has its own capacity to manage Bitcoin.
and China reacts as it may be because they can not control or manage how bitcoin lanes are

I hope the Chinese government is not banned bitcoin because bitcoin is a big industry and gives a lot of work for chinese citizens, if banned of course unemployment will increase in china.

Yeah, FUDDERS are losing a lot of credibility these days.

I think it is true but the question is that why the price of bitcoin fell very low in the past few weeks? The reason was that all the people realized that China has banned transaction in bitcoin. So there are two different thoughts about the banning of bitcoin in China. May be it is false that china has banned bitcoin because the news says that in the near future china will legalize bitcoin.

Bitcoin has been a major disruptor in China and its socialist monetary policies.
As such, it is believed that the Chinese government has perceived the growing interest of the digital currency as a threat especially as Chinese investors have been seen to buy up Bitcoin and bet against the yuan.
The anonymous source cites “too much disorder” as the reason for the alleged shutdown, echoing the Chinese central bank’s words last week criticizing ICOs for disrupting the country’s financial order.

How is it possible that such a sensible government can ban such a valuable currency that will give them a lot of profit and will boost their economy .All the news that are going viral are not authentic and have no proofs. So don’t stuck into such a debate and invest more to gain more the true investors doesn’t care what other say he have a faith in bitcoin.

Chinese are wise nation they cannot ban such a profitable coin just without any reason they know this coin can give them strength also their economy can earn some boost.

And they know the problems that will arise without bitcoin and they will not do it in future also because they know there is lot of success in bitcoin and banning it mean saying no to success.

Yes that news was wrong and I was thinking how a sensible country can ban such a valuable thing in their region, the rumor spreader did very wrong. Chinese are now clearing all this and they said we are in it and we will not leave it many of investors are from china they don’t want to lag in field of development. And world will be more far than they.

I did not panic because I am sure that China's ban is temporary and in general bitcoin can successfully develop without China. This news only reduced the price of bitcoin for a while and allowed buying coins at a cheap price.

I think too. Bitcoin comeback with it's rate. We are very happy to see it.

Probably bitcoin is really profitable for bitcoin users but how you can assume that bitcoin is profitable for china? how can you assume like that when there's so many tax avoider hiding their wealth in china, well, I just heard that from rumour in the internet, don't know if it's true.
By the way, your statement that saying by banning bitcoin china will not going to success is just doesn't make sense.

What are you all discussing about? Don't you know as of now a few bitcoin exchanges of china locality have dialect farewell to cryptocurrency community?
It was a true news and now it turned into reality, we can't make it happen happen reverse by our enthusiasm.
Anyways, digital currency market speculators are in believe that banned exchange platforms would return after they get licensed from their government but this would also take time. Currently we have to accept the truth.

 Well yes, maybe it is indeed true that China already banned bitcoin.  In any case, should we be worried about it?  Considering the fact that China banned bitcoin and the news from Dimon that bitcoin is fraud, we can see that there is just a little effect on bitcoin price.  Bitcoin is still the most preferred, most trusted, and well known crypto currency.  And even if its price will go down, I still believe that its price will goes up again.  Its price will be a good opportunity for people who are into investment.

Bitcoin isn't banned in China but the exchange, now exchange companies are seeking license abroad to operate since China won't allow Bitcoin exchange and other Altcoins other than their own ICO.