News said that China will close local exchanges

[wendelllee]

A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

9/14
BTCChina will close exchange after Aug30.
https://www.btcchina.com/

[aoluain]

I just skimmed over the report linked above and I
think this is actually about the banning of the ICO's
but re-headlined to mention BITCOIN which will
actually affect the price S H O R T  T E R M

KEEP CALM PEOPLE, DONT PANIC

[SavvyOli]

oh no sea of red here we go

[carlisle1]

another thread about china's moves against crypto currency I think more will come, news after news and weak holders will be eaten alive because of this
issue I'm sure those opportunist will take advantage and place a good buy walls for their supported project, play wisely guys.

[shyliar]

All ready being announced as fake news by some outlets.

http://www.allcryptocurrencies.news/bitcoin/bitcoin-crash-of-8-september-due-to-fake-chinese-news/

[HashFace]

Zero Hedge is pretty unreliable source.  They tend to go for clickbait drama and hyperbole instead of accurate reporting.  I'd want to see it from another source.

[VTS]

No names mentioned, no links to official sites, no links to serious news papers no evidence, no source mentioned... smells like fake news.....

[wendelllee]

Some famous local media in Chinese also issued the same news, such as sina, ifeng, and wallstreetcn.

[Argoo]

I hope that the information about the closure of local exchanges in China is false. In addition, no information about the reasons for such an act. The infor- tion is either untrue to sow panic in the face of the ICO situation in China, or it is greatly exaggerated. The Chinese government does not intend to step on the crypto currency and fight it. It has always been loyal to her and supported her. Here something else.

[helloge]

Some famous local media in Chinese also issued the same news, such as sina, ifeng, and wallstreetcn.

Yes, I think the official announcement will be released next Monday, since this information has made the Chinese market panic and some red curves a few hours ago, but I think there will be new hope again.

[Calangaman]

I believe there is a high chance that the Chinese exchanges will be temporarily closed.

Investors should not forget that Japan is the only country with a clear legal framework for digital currencies...
Monacoin should be in every portfolio as a hedge.

[rainbow169]

This is typical of PBOC, "leak" the news right before weekend so it can be absorbed before the big announcement on Monday. Although the rumor is that they are going to ban Crypto-Fiat trading not Crypto-Crypto trading. We will see.

[TimeHacker]

I hope it's not true because China is a very big market with a huge share of crypto-fiat trading. This would affect the whole crypto capitalization for sure.
The Chinese authorities seem to be complete control freaks, trying to ban anything they can't tightly control. It's definitely not good for people living in China.

[Raphal]

A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

Only a few of them are real, most of them fake news that has made the market unstable recently.

[minbosen]

A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

Only a few of them are real, most of them fake news that has made the market unstable recently.

I have checked the new carefully and asked for my Chinese for help, they told me most of them were fake news since there was no official announcement about that, but we can check that on tomorrow.

[White sugar]

Just misinterpretation of text used to cause FUD.

Nothing to worry about

[Filmmmakerr]

Its all fud. We've been through this before all it does is bring the prices down for a month until everything shoots right back up to normal again.

[Tiennou74]

A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

if they close local exchange then there will be some effect on Bitcoin and Altcoins
Hope this new should be fake

Thanks
Regards

[tyuner4]

IMO, these fake news websites should be closed instead. 

[AUruHM]

A lot of news came up today. I hope it's fake news but it seems not.
http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-massive-volume-china-plans-shut-local-exchanges

if they close local exchange then there will be some effect on Bitcoin and Altcoins
Hope this new should be fake

Thanks
Regards

It will be some effects in publish moment. Now this effect will be leveled because most people are ready to this. Decentralization is basis of this.