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Author Topic: Good News - China  (Read 6088 times)
klien_br
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September 15, 2017, 10:15:53 AM
 #1

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/status/908607956010389506
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September 15, 2017, 10:22:36 AM
 #2

Well thats indeed a good news hope Chinese FUD would read this to rebuy bitcoins again.

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September 15, 2017, 10:28:53 AM
 #3

This is a good news , i hope this is right , mean now is the right time to buy Bitcoin and Altcoin , lets buy now  Grin

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September 15, 2017, 10:29:05 AM
 #4

Well thats indeed a good news hope Chinese FUD would read this to rebuy bitcoins again.
This can made my day, FUD everywhere atleast a goodnews, but we should not depend too much in China now, whatever there issues and plans , we just need to believe that btc value will soon to recover wven without them.

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September 15, 2017, 10:32:23 AM
 #5

Where is the proofs?


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September 15, 2017, 10:32:57 AM
 #6

Finally a great news, hope thus all ends well, as for the date, i guess they are still working on it and time will only tell, when will the exchanges be open again. As i've read from some trysted sources in the web, china banned those scam ICOs, since a lot are ery persuasuve but in fact,will not give bavk anyhting at all, as far as i can understand on what i've read, during the bitcoin's rally this year, some individual took advantage and made scam websites, which unfortunately, a lot of people dive in to, and that's the reason of banning ICOs, and also to protect their people from such scams, they wanted to regulate cryptocurrency, in a way, i think somehow, it is possible, so some exchanges, had no choice but to shutdown, since it is going to be a lot of work, if they are still operating when the government issues to regulate it, but unfortunately, the media wanted a mire jucier news, so instead of saying it is just temporary shut down, they reported to the public that china is banning cryptocurrency, which in turn resulted to panic selling. If this is the case, that the shutdown is only temporary, as a sane investor, no doubt that you should buy already, as much as you can, so you can have it as a bargain. This is great news for us all, hopefully they will come to positie outcome, once the exchanges open up again.

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September 15, 2017, 10:37:20 AM
 #7

Well thats indeed a good news hope Chinese FUD would read this to rebuy bitcoins again.
This can made my day, FUD everywhere atleast a goodnews, but we should not depend too much in China now, whatever there issues and plans , we just need to believe that btc value will soon to recover wven without them.

The bad part is that there are no license for crypto trading being issued in China.
And in the discussion above nobody is saying they are going to apply for one.

They say " we can only choose to close it down".
I think that there are no regulation in China hence you can't get a license for something that is nor regulated.
Like you applying for a ostrich flying permit or trying to pay your taxes on worn down socks.

No excange that was closing down said they are going to apply for a license, none used the word "temporary" before shutting down.


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September 15, 2017, 10:37:56 AM
 #8

Well thats indeed a good news hope Chinese FUD would read this to rebuy bitcoins again.
This can made my day, FUD everywhere atleast a goodnews, but we should not depend too much in China now, whatever there issues and plans , we just need to believe that btc value will soon to recover wven without them.
,why bitcoin should depend on china, ,it makes China even more proud to be able to play with bitcoin prices,
from the past china always make bad news ,, always there is their game,,Let's get the spirit to rise up ,, bitcoin

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September 15, 2017, 10:40:15 AM
 #9

Its going to take a few good reports like the above
and it will be enough to nullify the negativity circulation
at the moment and to set Bitcoin and other alt coins
on the path they should be on - UP

dont forget adoption by Crypto in China and Asia in general
is far greater than in the US or Europe!

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September 15, 2017, 10:50:48 AM
 #10

lol, i see this as strange nobody said also they china will stop their trading site, i do not know i see it will be down trend in 1 or 2 weeks ahead Smiley
so let's see it later

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September 15, 2017, 11:04:33 AM
 #11

It is all rumors right now. Hope China will clarify the situation soon, but Bitcoin was created to not depend on governments. So, if i they put some regulations and licences, good, if they don't also good, no problem: Bitcoin will raise again because bitcoin users use will keep on using it.


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September 15, 2017, 11:08:45 AM
 #12

Well that good news.. And off course this is really good time to buy more Bitcoin.. Sooner or later Bitcoin create new record when all rumours solove out..

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September 15, 2017, 11:17:55 AM
 #13

hopefully with this information adds trust for us that bitcoin only in stop for a moment and the future will be more advanced and added good again

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September 15, 2017, 11:20:39 AM
 #14

Thanks for share this news, i almost sell my coin lol.
Already check some thread on forum and people comment said is better to hold. But i hope the price will recovery asap.
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September 15, 2017, 11:20:48 AM
 #15

Well that good news.. And off course this is really good time to buy more Bitcoin.. Sooner or later Bitcoin create new record when all rumours solove out..

i think that you should wait a little bit more before buying bitcoin because if you buy it at a lower value, like around 2.5k. Then you will be making a lot more profit than when you buy it now. And we don't know for sure if bitcoin will go up again.
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September 15, 2017, 11:23:39 AM
 #16

I also believed that this local exchanges closing down is just FUD. BTC China has voluntarily step up and said that they will stop trading as well. But it doesn't mean that they are not going back. Chinese trading platforms may have to get licensed before resuming its operations. It was another set of tighter regulations that those exchanges need to comply before they can go back to business. But the scare that they are closing and won't be back are already evident as the price continued to plummet every hour. So for those big investors, or even casual like us, the best thing to is hold on your coins and if possible, buy in this dipping point.

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September 15, 2017, 11:24:07 AM
 #17

Good news indeed. Hope all ends well for us. Been a sad week ☹️

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September 15, 2017, 11:25:43 AM
 #18

China just want some cryptocommunity attention. Good news though, many weakminded speculants have lost their coins.
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September 15, 2017, 11:27:54 AM
 #19

i think we can safely say that the previous couple of weeks have been the weirdest days in bitcoin history! there was no reason in first place for bitcoin price to go down but it did and just because of banning of ICOs! i don't know maybe some people think ICO and bitcoin is somehow related Cheesy

then the fake news turned into China banning bitcoin!!! which was the funniest of all times.

all the while nothing new has happened! it is the same regulation and licensing of exchanges as before.

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September 15, 2017, 11:29:19 AM
 #20

Well, that makes a lot of sense now. The Chinese probably had withdrawn their money from the exchanges just to be safe before it closes - but eventually would go back once these companies are able to secure licenses. I badly want this price drop to end soon because I am seeing blood everytime I wake up in the morning.



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