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Author Topic: will the big three be banned?  (Read 829 times)
Simple8.1 (OP)
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September 09, 2017, 01:58:17 AM
Last edit: September 09, 2017, 02:30:42 AM by Simple8.1
 #1

Regulatory agencies believe that bitcoin and bitcoin exchanges are not the blockchain tech. And they involve false transaction volumes, serve as a hotbed for money laundering and scams. they believe that the hot market of icos is by its nature the craze of bitcoin.
even the big three will be a big question mark. but okcoin and huobi stand a better chance to survive. (You can skip to the last part)
http://news.8btc.com/game-over-bitcoin-exchanges
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RamBahadur.Gurung
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September 09, 2017, 02:21:48 AM
 #2

Can't open the link which you had posted. Could you check it once more?

But I checked the Google News, and there is no coverage there about this particular news story. Seems like a lot of FUD is being spread by the market bears, in order to purchase Bitcoin and the other altcoins at cheap rates.
Simple8.1 (OP)
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September 09, 2017, 02:32:17 AM
 #3

Can't open the link which you had posted. Could you check it once more?

But I checked the Google News, and there is no coverage there about this particular news story. Seems like a lot of FUD is being spread by the market bears, in order to purchase Bitcoin and the other altcoins at cheap rates.

it's definitely not fake news. the question is how to carry out all the upcoming regulations.
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September 09, 2017, 02:52:22 AM
 #4

bixin says they will close the exchanges, stops otc and secured transaction services.
another exchange in china says they will move to Singapore.
even the big three will be a big question mark. but okcoin and huobi stand a better chance to survive. (you can skip to the last part)
http://news.8btc.com/game-over-bitcoin-exchanges

finally, a second confirm on this news. edit: nevermind

http://news.8btc.com/game-over-bitcoin-exchanges

I copy pasted that, it may be because it is not an https

anywho, it is rehashing the original article from Caixin. simply restates the initial claim and speculates on the exchanges that will survive the chaos. not that it is a bad quality article, it just doesnt advance any new information or sources.

this is still FUD (the situation, not the article), but i will admit this is some damned powerful FUD, we are deadcatting, folks. pray we come out of this deadcat.

writer is Asian article rewriter; you would think if there was a new development she would be immediately privy to it Wink
cpfreeplz
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September 09, 2017, 02:59:36 AM
 #5

I just don't understand how this news would come out when Asians were asleep! It doesn't make sense. If one article says that China is banning bitcoins that doesn't mean a lot until they prove it.
pooya87
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September 09, 2017, 03:08:43 AM
 #6

they believe that the hot market of icos is by its nature the craze of bitcoin.

i don't understand what the relationship between ICOs and bitcoin is! they have nothing in common! people buy ETH with USD, CNY,... (fiat) and then invest that in ICO scams and after they dumped it they get ETH out, if they want they cash out the fiat again.
where does bitcoin come in, i have no idea!

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Yakamoto
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September 09, 2017, 06:18:15 AM
 #7

Regulatory agencies believe that bitcoin and bitcoin exchanges are not the blockchain tech. And they involve false transaction volumes, serve as a hotbed for money laundering and scams. they believe that the hot market of icos is by its nature the craze of bitcoin.
even the big three will be a big question mark. but okcoin and huobi stand a better chance to survive. (You can skip to the last part)
http://news.8btc.com/game-over-bitcoin-exchanges
Seems like BS, I'm ignoring this information considering, as other people have posted (and I quickly googled), there's no further content related to this. This just looks like a lone article either trying to generate clicks for the website or someone trying to push their own agenda, and not really furthering it in any meaningful manner.

I haven't heard of countries even mentioning other cryptos, Bitcoin seems to be the only concern.

Also, okcoin? Really?
nskendrovic
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September 09, 2017, 06:55:41 AM
 #8

Well, Bitcoin technically is not the blockchain tech. It is founded on blockchain tech, but it itself is not the blockchain tech. Hope that makes sense.
Simple8.1 (OP)
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September 14, 2017, 03:36:40 PM
 #9

bixin says they will close the exchanges, stops otc and secured transaction services.
another exchange in china says they will move to Singapore.
even the big three will be a big question mark. but okcoin and huobi stand a better chance to survive. (you can skip to the last part)
http://news.8btc.com/game-over-bitcoin-exchanges
ANY COMMENTS? BTCCHINA SAYS THEY WILL STOP TRADING ON SEPT 30,2017.

finally, a second confirm on this news. edit: nevermind

http://news.8btc.com/game-over-bitcoin-exchanges

I copy pasted that, it may be because it is not an https

anywho, it is rehashing the original article from Caixin. simply restates the initial claim and speculates on the exchanges that will survive the chaos. not that it is a bad quality article, it just doesnt advance any new information or sources.

this is still FUD (the situation, not the article), but i will admit this is some damned powerful FUD, we are deadcatting, folks. pray we come out of this deadcat.

writer is Asian article rewriter; you would think if there was a new development she would be immediately privy to it Wink
Kprawn
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September 14, 2017, 04:05:03 PM
 #10

The Chinese government has been playing these cat and mouse games for years now. Last time they said the same thing and

exchanges halted trading until they adhered to the governments rules and regulations. I personally hope they just get it over

with, so that we know where we stand.... and build from there. The Chinese have been fcking us about for years now and this

has to stop. GTFO and make way for the countries who want to take this forward.  Angry

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craZyLovE0916
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September 16, 2017, 06:45:10 PM
 #11

Nah. As it is said, companies can and do become "to big to fail". There is nothing we can do about it. IT is amazing how businesses can be so hard to start and grow, but then they can also become too big to atop also.
bitcoinvestor
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September 16, 2017, 06:53:01 PM
 #12

The Chinese government has been playing these cat and mouse games for years now. Last time they said the same thing and

exchanges halted trading until they adhered to the governments rules and regulations. I personally hope they just get it over

with, so that we know where we stand.... and build from there. The Chinese have been fcking us about for years now and this

has to stop. GTFO and make way for the countries who want to take this forward.  Angry
Yes, Chinese want to take anything they can. it is their way of life. They don't care abot legal or illegal so the BAN ICO is because too many scam ICOs. Let's see whether Chinese ICo will effect All ICOs, I don't think so. ICOs will move on with or without chinese.
GreenBits
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September 16, 2017, 06:55:50 PM
 #13

Nah. As it is said, companies can and do become "to big to fail". There is nothing we can do about it. IT is amazing how businesses can be so hard to start and grow, but then they can also become too big to atop also.

to be fair, in this case they had the virtual chair legs snatched clean the fuck from under them. but, hilariously, government intervention of this nature, and the subsequent regulation that emerges, is what prevents an actual 'too big to fail aww shit it did fail' moment. i hate the timing, I really do. but it was actually the perfect time, if only they had made a clean, one time announcement, and not let everyone go crazy with the rumors. if this were announced in an orderly way, if anything this should have made the value go up for participants outside the market. but like always, the majority panicked, and the day was shit (unless you sold earlier Wink )

here to 'we did this so we wont do this in the future', cheers Wink
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September 16, 2017, 07:02:41 PM
 #14

Nah. As it is said, companies can and do become "to big to fail". There is nothing we can do about it. IT is amazing how businesses can be so hard to start and grow, but then they can also become too big to atop also.

take the blinkers off.

there's maybe one or two million people with play money involved in bitcoin in china. the government is a lot keener on stopping the remaining 1.4 billion getting interested. all they have to do is tell them to shut or go to jail which is what they've done.

and all this talk of miners being in the government's pocket is conspiraloon bullshit too. they're a few hundred guys stuck in the countryside with screeching boxes.

btcc is definitely a goner because bobby lee isn't chinese enough. maybe okcoin and huobi will figure something out but i doubt it.
Stephencb
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September 17, 2017, 05:10:56 AM
 #15


Can you test it again? News and no news story about this particular issue are being spread by bear markets, to buy Bitcoins and other altcoins at cheap rates.
but i will admit we are dying, folks. Pray for us to come out of this corpse.
This is like a lone post or someone trying to promote their own agenda and not really continuing it in any meaningful way.
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