So according to Jihan Wu, china has not banned Bitcoin.
Im honestly sick of the back and fort. If they are going to ban it, then ban it already, because after they ban it, they can no longer interfere with the Bitcoin price. We will survive all bans in the world.
I am with you on that 100% but the problem is that there was no back to have a forth! China never said they wanted to ban bitcoin! it is our awesome and 100% reliable "news" sites (which should be called shit-posted-sites instead) that filled the media with this nonsense!
all China ever said was that since ICOs are scammy and unregulated, they are not legal.
and then the follow up on the exchange regulation which has been going on from 2016 and yet people believe what a click-bait of a site tells them.
It's not only new sites, but people spreading rumors. For example, Charlie Lee said that the had very secure sources that he could trust, that China would ban all exchanges. He ended up having to delete all of these tweets. The market crashed with these tweets, some people don't realize the power they have with twitter. Charlie Lee needs to twink twice before posting that kind of stuff again or he may put his life in danger. This is not a game, and there is nothing more dangerous than pissed off investors due what you do crashing the market.
On other news, it seems BTCC has confirmed themselves that they will be shutting down all operations come September 30th, so at least one exchange will be closing, not sure if temporal or not, probably temporal waiting for licenses.
