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Author Topic: Yunbi closes on Sep 20  (Read 800 times)
dineshary
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September 15, 2017, 10:12:25 AM
 #1

Another one joins the list

Yunbi to close by sep 20

https://twitter.com/cnLedger/status/908633922044534786
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krizniq
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September 15, 2017, 10:25:33 AM
 #2

finally... no more market speculation with 0 fees!
bye china

Looking for investment tip? XBY OMG and ADX, thank me later Wink

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September 15, 2017, 10:33:19 AM
 #3

https://bitcointalk.org/index.php?topic=2179492.0
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September 15, 2017, 10:40:28 AM
 #4

chinese exchanges will close temporarily
Herman Hesse
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September 15, 2017, 11:00:48 AM
 #5

Short term all this panic makes blood of the price, but longterm it is very healthy for overall  crypto development. So relax..


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September 15, 2017, 11:09:09 AM
 #6

chinese exchanges will close temporarily
The closure are temporary. Don't know why people love to panic and fud. Guess that's what happen when you're investing for speculations and not for the tech

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September 15, 2017, 11:10:19 AM
 #7


The closure are temporary. Don't know why people love to panic and fud. Guess that's what happen when you're investing for speculations and not for the tech

What makes you think so? I checked the OP link and screenshot but it does not say anything special.
dineshary
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September 15, 2017, 11:11:20 AM
 #8

Latest tweet from BTCC. It says complete shutdown and no official statement regarding reopen from any of the exchanges

Reopen is uncertain. we need to wait and watch.

https://twitter.com/YourBTCC/status/908647195141799942
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September 15, 2017, 11:35:30 AM
 #9

ViaBTC too Cheesy this exchange will close next month

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September 15, 2017, 11:36:50 AM
 #10

Latest tweet from BTCC. It says complete shutdown and no official statement regarding reopen from any of the exchanges

Reopen is uncertain. we need to wait and watch.

https://twitter.com/YourBTCC/status/908647195141799942
all markets in china will be closed this september,  Smiley
so october is the month where bitcoin in china just stay name Sad

cryptothreads
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September 15, 2017, 12:26:58 PM
 #11

All Chinese markets will close in September or October, which is gradually getting worse for the cyrptocurrency community. I think if we do not have the participation of China, Bitcoin will certainly be very low price.

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RelaxRelax
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September 15, 2017, 12:30:52 PM
 #12

Yunbi will close trading services on September 20th: https://www.youtube.com/watch?v=RFLTm1198gU
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September 15, 2017, 01:23:27 PM
 #13

Another one joins the list

Yunbi to close by sep 20

https://twitter.com/cnLedger/status/908633922044534786
Not only Yunbi i think all bitcoin exchange china will stop operating on early october. I do not what will happen on that day after they closed. This will be the worst history in the world of cryptocurrency this year.

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dineshary
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September 15, 2017, 01:46:00 PM
 #14

Chinese are going to be out of the market. They don't have an exchange to buy btc with cny and also government might block people from using other exchanges

That's huge. Exchange reopen might take a long time. Chinese are heavy in bitcoin and gonna dump everything over the next few days when exchanges are still open to get back their fiat.
Twinkledoe
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September 15, 2017, 01:47:10 PM
 #15

I think also that it's just temporary. Such huge chinese money is at stake here...

dineshary
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September 15, 2017, 01:50:25 PM
 #16

Official statements of top 2 chinese exchanges okcoin and huobi. They have some more time till Oct 31

https://twitter.com/cnLedger/status/908687698738556928

Seems no reopen at least this year
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September 15, 2017, 03:05:34 PM
 #17

houbi too just see their post
slaman29
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September 15, 2017, 03:12:34 PM
 #18

So in the WORST case scenario, ALL the chinese exchanges close. And we lose 18% of the bitcoin trading volume globally. Or do we? What if everyone moves over to localbitcoins? What if people see, hey, actually we can also just go over to USD or RUB or JPY or KWN. Or just trade alt to alt, with the multiple available decentralised exchanges, and when ready to cash out, do a lump sum exchange to fiat over localbitcoins or even other exchanges (that don't have trading platforms.

It's not too difficult really.

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dineshary
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September 15, 2017, 03:15:35 PM
 #19

can localbitcoins still operate in china?
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September 15, 2017, 05:42:48 PM
 #20

I'm kind of getting mixed messages here. I also read this one: https://yunbi.zendesk.com/hc/en-us/articles/115000146641-Token-Delist-Announcement

This says they're just delisting some currencies and the other resume as normal. Does anyone know more about this?

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