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Author Topic: ViaBTC also closing on Sep 30 - OFFICIAL*****  (Read 270 times)
dineshary
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September 15, 2017, 07:35:35 AM
 #1

Another one officially closing this month. So, china ban is real.


https://twitter.com/ViaBTC/status/908576610059776000
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September 15, 2017, 07:39:17 AM
 #2

I guess that China's government has a good laugh on this price evolution, it went much better than even their best scenarios.
It looks like all the Chinese exchanges will close. And they'll open again at some point. The history repeats itself over and over again.

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September 15, 2017, 08:00:28 AM
 #3

I guess that China's government has a good laugh on this price evolution, it went much better than even their best scenarios.
It looks like all the Chinese exchanges will close. And they'll open again at some point. The history repeats itself over and over again.

I doubt their government will be able to cut the people from crypto markets.
Either they will allow regulated exchanges, or there will be huge black/grey market sooner or later, or international markets will be used, or a mix of those eventually.

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Altcoinster
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September 15, 2017, 08:19:31 AM
 #4

Oh man, China is just going crazy like every year. China just wants to buy more bitcoin in the end, so they need the price to come down again. Theyre all scared of Bitcoin, because I guess that they wanna create their own currency und bitcoin is strong. I can smell the fear Smiley

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September 15, 2017, 08:37:05 AM
 #5

I guess that China's government has a good laugh on this price evolution, it went much better than even their best scenarios.
It looks like all the Chinese exchanges will close. And they'll open again at some point. The history repeats itself over and over again.

I doubt their government will be able to cut the people from crypto markets.
Either they will allow regulated exchanges, or there will be huge black/grey market sooner or later, or international markets will be used, or a mix of those eventually.


I agree ,if one thing is sure if there is demand for something if you banned it a grey market appears,it is so old economy correlation .Because i am new what exactly this ban means , if there are decentralized peer to peer exchanges could they work in anyway,i do not know how the government of China could regulate peer to peer exchanges, as far as i understand the bitcoin in China is not illegal.
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September 15, 2017, 08:37:23 AM
 #6

Very bad move in the long term, you cannot ban peer to peer currencies. Yep, democracy is scary.

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September 15, 2017, 08:40:59 AM
 #7

Good news

https://twitter.com/TradingWhaIe/status/908607956010389506
Spoken to someone @ Yobtc. No licenses were needed before 9/4. It's likely that exchanges reopen once they get new licenses.



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September 15, 2017, 08:47:34 AM
 #8

Mike V - Viacoin Telegram

" I have just spoken to Yobtc.
 They told me that before Sept. 4th they didn't need any licenses to open their exchange.
 So now they have to close down due to new regulations.
 Which probably means that every exchange will be able to purchase licenses soon.
 And open up again.
 So my advice is to buy as much BTC/alts as you can before that happens "



https://twitter.com/TradingWhaIe

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