CHINA will halts all Bitcoins exchange....

[quarkyplum]

Many people panic about it, and sell their bitcoin, because they do not want to suffer huge losses, of course it will affect people who keep their bitcoin, because this policy makes a considerable impact and felt by the traders, so far I think . I will continue to wait for the price to reach the lowest point and buy a lot of bitcoin so I can hold it and hold it, because I think bitcoin will recover.

Yeah, me too. But I do not want to hold my Bitcoin because I like earn profit from short term trade than hold in long term. Of course it does not mean I never hold my Bitcoin for long term, but not too many.

[fedoralite]

Many people panic about it, and sell their bitcoin, because they do not want to suffer huge losses, of course it will affect people who keep their bitcoin, because this policy makes a considerable impact and felt by the traders, so far I think . I will continue to wait for the price to reach the lowest point and buy a lot of bitcoin so I can hold it and hold it, because I think bitcoin will recover.

Yeah, me too. But I do not want to hold my Bitcoin because I like earn profit from short term trade than hold in long term. Of course it does not mean I never hold my Bitcoin for long term, but not too many.

Actually I'm a shorterm trader also since I don't actually holds huge balance with bitcoins and also for this event well I dont want to hold since I don't know on when does this banning on china will end and I believe this price would dump more since China's crashing out some exchange are so annoying event of the history.

[buxlover]

Bitcoin is non ending valuable asset which will remain same for now and always. No matter what country drops from the bitcoin but bitcoin has many options open and the investors are always there to back it up. Though Chinese are dropping out it doesn't matter bitcoin is now finished. It was not the only country which made most of the investment, there is whole world behind its development. It doesn't matter if one fish is dead from the ocean, because the fishes are many and ocean is big!

[adam1230]

If you supports these rumors you need to prove the source of these rumors. With just writing few words about fake news will only support these foxy people.
So please give the source of this rumors. Source must be a goverment link.!

[zzSunZZ]

Yes i've heard the news like you but today i saw some news that said, China's goverment doesn't declared all Bitcoins exchange anymore cause they can not control it at all . Is that chinese's mafia try to control the Bitcoin's price by giving us fake news ?

[noictib]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

I think they can't halt exchange because a big part of the china is growing with the cryptocurrency earnings .
Here personally i myself never think in negative way about this news when it comes official by the china government .
You can take example of the big economy in this world where they accepted bitcoin offically with better amount of the tax .
So here I don't think china will take action against the bitcoin or any other cryptocurrency .
If it will happen then i am sure market will go down for one month only because bitcoin is not only use by the people of the china .
And also here we should see that there are many countries who are still observing the bitcoin and making news rules that how to regulate in perfect way , so may be things will go in favour of the cryptocurrency user .

[btc-facebook]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

Is there any official new regard this ?
IMO even if Chinese no longer operated, Japanese and South Korean market having more larger market compare Chinese .
Although bitcoin value is dropping at the moment but I'm sure it will rise soon since I'm pretty sure that on October, bitcoin will back to $ 4.000

[eaLiTy]

Yes i've heard the news like you but today i saw some news that said, China's goverment doesn't declared all Bitcoins exchange anymore cause they can not control it at all . Is that chinese's mafia try to control the Bitcoin's price by giving us fake news ?

The entire market corrected because of the news coming out of China and there is nothing like a ban,they are just planning to regulate the exchanges and that is what i understand from the news i heard but news are coming out saying that they are banning bitcoin which is not true and the market is reacting to a FUD which is really bad for everyone,China is manipulating the price of bitcoin with the FUD news .

[btc_angela]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

I think they can't halt exchange because a big part of the china is growing with the cryptocurrency earnings .
Here personally i myself never think in negative way about this news when it comes official by the china government .
You can take example of the big economy in this world where they accepted bitcoin offically with better amount of the tax .
So here I don't think china will take action against the bitcoin or any other cryptocurrency .
If it will happen then i am sure market will go down for one month only because bitcoin is not only use by the people of the china .
And also here we should see that there are many countries who are still observing the bitcoin and making news rules that how to regulate in perfect way , so may be things will go in favour of the cryptocurrency user .

They have issued close order to most of the Chinese exchanges or they have voluntarily stop their operations. But to be clear, they are not banning exchanges but rather have stepped up and will put a stricter regulations. So if those who have chooses to close is operation voluntarily they have a high chance that they can go back and be operational again once they have comply to everything that government will set up.

[intrader]

Bitcoin will be better without china, its funny to see few years later they have to spend 5x from current price in order to buy back bitcoin.
But there are a sign china government secretly bought bitcoin at the current dip then after sometime they will make an announcement that bitcoin can be trade again to push price to new level high.

[Nerman]

I understand now that China's ban in cryptotrading and dimon statement affected the market but did recover right away. Now the real question is what if othwr super power countries like the United states ban bitcoin what will happen to the market? How much effect if other countries follow the China policy. Just a thought.

[rjbtc2017]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

Can you post the link about this news? There are lot of fake new circulating online.  Some mainstream media always paints a bad color on Bitcoin.  The Market will always recover and will continue to move as long as there are active users and community that continuos on supporting the bitcoin system and AFAIK, bitcoin does not rely on one country i.e.  China.

[Lagduf]

It's all politics. They're a communist country, people buying bitcoins and getting filthy rich doesn't fit that model.

That's my view on it anyway or perhaps it's because the government can't manipulate it.

I definitely agree with you. The Chinese Government is trying to make the most out of their residents as they can. Since Bitcoin avoids taxes and fees charged from the Govt, it is seen as a threat to their desire to grow richer and stronger.

No because the goverment said the crypto is very easy to be the way to the scammer or thief to laundering their money, as you can see with the btc-e which the site already taken by the united states justice regarding the money laundry's case. It can become a good example for you.

[Seansky]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

I hope that bitcoin would survive too. I am quite surprised to see news about China halting bitcoin exchanges by october being true and not just a FUD. That being said, I still think bitcoin will survive and it might get better because Chinese are the ones who are always trying to manipulate bitcoin's prices and with them gone, bitcoin might have a healthier pump and dump without it being manipulated always.

[amueller]

this is fake news you find bitcoin price up more again

[arbitrage]

]No because the goverment said the crypto is very easy to be the way to the scammer or thief to laundering their money, as you can see with the btc-e which the site already taken by the united states justice regarding the money laundry's case. It can become a good example for you.

https://wex.nz/ is the new location of this exchange. You just can't stop something, you do not understand.
US Government known risks and if they can they would probably already ban Bitcoin and all related coins to BTC. But they cannot do this. They can't stop leaking of information and this is small problem in comparation. Those who want to launder money will find their ways, and Bitcoin cannot be considered as guilty one.  Bitcoin cannot be banned, they just can ban BTC/USD and this is not solution at all. They will just speed up process of adoption, eventually BTC will win.

[kpcian]

I don't think so. China has taken Bitcoin for regulating properly which doesn't mean that China will ban Bitcoin forever. I think China is going to allow Bitcoin as a legal currency because China will have to realize its importance very soon. because Bitcoin is being used in most of the developed countries so Bitcoin is becoming a popular currency day by day.

[Lieldoryn]

I don't think so. China has taken Bitcoin for regulating properly which doesn't mean that China will ban Bitcoin forever. I think China is going to allow Bitcoin as a legal currency because China will have to realize its importance very soon. because Bitcoin is being used in most of the developed countries so Bitcoin is becoming a popular currency day by day.

You are not right. In your thoughts more desire than logic. In China, a lot of miners and bitcoin users. Probably the Chinese government has realized the threat from crypto currency faster than other countries and decided to be proactive.

[radjie]

the Chinese government does not want to completely shut down Bitcoin in its country. They just want to make clear rules about Bitcoin. Bitcoin transactions in the Chinese government are not actually prohibited, they only use the rules of bitcoin that need to be regulated seriously. Although China is now the largest transaction center that can affect the market price, But that only makes market prices go down for a while, because in addition to China, japan and south korea are still the largest bitcoin transaction center in the world.

[raven7886]

Just now... China has declared a halt to Bitcoins exchange and operations by October... The price of Bitcoins has partially drop due to the news... However, if we can equal the population of Bitcoins user in China and invite a lot of investors... I think Bitcoin will still survive.... Hope so....

Bitcoin's survival is not dependent on just one single country and it will never be. China is trying to manage and curtail the system in their country so as to limit how every transaction is done, and I don't think that is a crime. In their last policy statement, they already said every bitcoin business must be licensed before they operate and I guess exchanges are involved as well. Over time, things will get back to normal.