Everything is down again...what is it this time?

[Poink]

Just wondering since I haven't heard anything drastic this time...is this just a normal correction?

[ask]

there are rumors about china exchanges. thats not a technical correction.
Will gain losts as soon as possible do not worry

[quantum]

See news, in China cryptocurrencies are prohibited for personal use now

[Johnnywelsh]

Lots of discussion in the bitcoin section of the forum about it already

https://bitcointalk.org/index.php?topic=2161403.0
https://bitcointalk.org/index.php?topic=2161470.0
https://bitcointalk.org/index.php?topic=2161579.0

[StockBet.com]

According to rumors, China is contemplating of shutting down Chinese exchanges.

If this is true, this is probably another attempt by China to stop their people from laundering money out of the country, to buy real estate in Canada, Australia, Europe and U.S.

[Falgorn]

The last sharp drop in the rate of the Crypto-currency was allegedly caused by the fact that for now, according to unconfirmed information from China, all local exchanges are closed there.

[Poink]

Lots of discussion in the bitcoin section of the forum about it already

https://bitcointalk.org/index.php?topic=2161403.0
https://bitcointalk.org/index.php?topic=2161470.0
https://bitcointalk.org/index.php?topic=2161579.0

Good to know.  I don't visit the big pond since I am teeny tiny fish  

[drwhobox]

Just wondering since I haven't heard anything drastic this time...is this just a normal correction?

There are rummors that China did ban ICO coins of thier country. wich brings us this red mark on the altcoins on the crypto market. China is one of the BIGGEST adoptors of crypto currency in the whole world. that's explains your question.

[GRR]

random boring fud, just ignore 3 days.

[tuiputui]

1-Someone in China makes a noise
2-Westerns sale, go sleep
3-China wakes up and brekfast your coins

same trick arranged for the new audiences: 2014 repump https://www.youtube.com/watch?v=Ry6PpRXk0dQ

[StinkyLover]

1-Someone in China makes a noise
2-Westerns sale, go sleep
3-China wakes up and brekfast your coins

same trick arranged for the new audiences: 2014 repump https://www.youtube.com/watch?v=Ry6PpRXk0dQ

Spot on

[JesusCryptos]

1-Someone in China makes a noise
2-Westerns sale, go sleep
3-China wakes up and brekfast your coins

same trick arranged for the new audiences: 2014 repump https://www.youtube.com/watch?v=Ry6PpRXk0dQ

Spot on

Yes, I think we already have seen this film. That's probably just a remake. Every time the news shout that China does something bad against bitcoin & C. prices tank and somebody makes some cheap buy. A few days later, prices are usually up again

[ipanks]

china banning bitcoin and makes people panic selling, the price is down too far. bitcoin getting down more than 2 times and altcoin can not rise too because of this news. i think some people will get benefits from this because if they have big money, they can buy much of bitcoin because of the price is lower than 2 months ago. maybe the price will be down for more but let we'll see later.

[Jannn]

china banning bitcoin

Hey dude  China is not banning Bitcoin, China considering to shut down of all their local cryptocurrency exchanges only.
Another regulation another cryptocurrency price fall.

[dennyd999]

It was the fake news. No exchange will be closed in China.


No exchanges will be shutdown by China.  


"Wrong"  translation into English. Just profit taking and price dumping by some whale group.

https://twitter.com/cnLedger/status/906195967908601856

"Regarding tonight's rumours, we asked representatives from okc & huobi, they have not received any notice and they're operating normally"  




P.S: Bitcoin Hero Members trying to manipulate too? Knowing that this is fake news?? Roquene, Jannn?

[valuater]

good if down, we can take advantage of opportunities to make a profit but if we choose the wrong can be even harmful

[Mr.cryptos]

Whatever China does, cryptocurrencies has come to stay. For me am not worried at all when i see almost all of the cryptocurrency in the red on coinmarketcap. Just like any economic markets, there have to be up and downs in the prices. This a test for alt coins. BTC in december 2013 lost over 50% of it's value basically over night because of China's ban at that time.    Guys its just a TEST and a repeat of HISTORY.

[eloymjb]

 yes everything is down again. the price of bitcoin is down even if other coins and the price of xrb mrai that i earned in raiblocks captcha typing is goes down. my time and effort is not worth it. this is the time that i over thinking. as a regular people that have nothing but few bitcoin and mrai this is the time that i panic whether i sell it now or hold.

[nomenclatur]

I think the price of yesterday is a temporary increase in stimulus, and the market is red today to prepare for a bigger tsunami, I do not think it will panic because some whales want a temporary price reduction and will take profit in the next 2-3 days. Stay calm and do trading as usual, I think this is not always about negative news from china.

[Jannn]

P.S: Bitcoin Hero Members trying to manipulate too? Knowing that this is fake news?? Roquene, Jannn?

What the hell are you thinking dude, how we can manipulate this?
Im didnt said that China will close all of local crypto exchanges im said its considering to shut down of all local crypto exchanges.

Considering derived from the word consider  means thinking carefully about (something), typically before making a decision.