New Chinese articles about Bitcoin Ban, ALARMING

[cashodler]

1) http://finance.caixin.com/2017-09-08/101142797.html

2)
Translation of the post by ViaBTC CEO Haipo Yang
https://twitter.com/yhaiyang

[trickyriky]

Sooner thay close sooner they will stop manipulating bitcoin price! This China is boring.
But I think Chinese government will do some kind legal exchanges.

[Tyrantt]

China should open a government exchange so they can tax the bitcoin properly and monitor the usage and flow, also it would pretty much be a bank but hey, better than banning bitcoin alltogether, right?

[sanjeevtalks]

The Chinese Govt. should have said that they'll create a controlled environment to sustain Cryptocurrencies. Taxation and investor protection could have been some measures built into it rather than outlawing the entire concept.

[reflector]

Sooner thay close sooner they will stop manipulating bitcoin price! This China is boring.
But I think Chinese government will do some kind legal exchanges.

In Trading field we have noticed so many trading and exchanges from China. Whenever these kind moves happen on bitcoin and blockchain technology. These dumps will happen for sure but again correction will be made in the price chart. I really feel that bitcoin price is verybig dump in this year.