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Title: China Closes local bitcoin Exchanges Post by: GAUMZEE on November 27, 2017, 02:57:01 PM Why has china banned its local coin exchanges in the past few days the value of bitcoins has fallen can this adversely effect the bitcoin market ?
Title: Re: China Closes local bitcoin Exchanges Post by: mk4 on November 27, 2017, 03:21:22 PM China banning local cryptocurrency exchanges is old news; they've been announced like 2 months ago, after China has banned ICOs.
Also, "in the past few days the value of bitcoins has fallen". Dude, since a week ago we had a jump from $8250 to the current price of $9200(source: coinmarketcap). How is that a fall? :P Don't worry, there are rumors on China allowing exchanges to open again. Take note that these are only rumors though. Title: Re: China Closes local bitcoin Exchanges Post by: illusioNiZt on November 27, 2017, 03:28:00 PM That news is old and 'in the past few days the value of bitcoins has fallen' what are you talking about? The price is going up almost 9.6k$ now.
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