Good News - China

[Prodigan786]

Good news hope it will legit news and soon China government issue license for exchanges am looking forward end this bloodbath happening from past few days.

[slaman29]

Good news indeed, but not really a surprise for those who use a bit of common sense. Remember that this is a move from exchanges to cover their asses from possible worse case scenarios. A few have said it is temporary, and a few have said they will consider it later. None have said it is permanent. Of course the licences will come in and everything can start up. Then not only will the price recover, it will even increase. This is called consolidation, that's all!

[Miningstore]

what do you think BTC will crash to before it starts going back up when China comes back out of this?

[salihno71]

China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

[Ariess]

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

wow this is good news, is this news reliable?
if true I feel happy to hear it. bitcoin is feasible to be pumped back.

[Miningstore]

I have heard they are experimenting with a licensing option, like a permit to carry a gun, but to use BTC and other altcoins

[mdsharif]

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 "

http://ap.imagensbrasil.org/images/2017/09/15/4de83.jpg

https://twitter.com/TradingWhaIe/status/908607956010389506

If china close BTC investment, I will buy more BTC for future

[lecongnhan123]

Hopefully this is a good news for BTC. My belief for BTC and cryptocurrency world never change. I will keep all my Altcoin and continue to wait. Behind the attempts of China for BTC is what ? I think they're plotting something !

[Wipro]

China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

Again today many news in CoinDesk which speaks positive side and mass adoption corporates and Japan mining implementation worth some million USD. Now Chinese news about licensing issue resolved. Buyers who bought already will make huge profit by the way.

[QuestionAuthority]

The way Chinese rumors and the Chinese people control the bitcoin price, devs should change the name to Chinacoin. So does anyone know if there is a single user that does NOT live in China? LOL

[techindo]

this is long before the ico ban in china appeared, i guess this must be the case.
it is easy to guess how china monopolize the trade,  we better enjoy this drama from china, let me be more famous again Cryptocurrency

[Dhaaaw]

Well you can begin to see the results right now ! Since all the news were in chinese i struggled with the translationand the fact that i didnt really know what happened in China so this really brings hope that we all lacked for a few days.

[nikisev]

Yeah ive figured they just wanted kiss on the ring and than its back to business.

[jvdp]

China generally does not like if something is happening on their turf and they don't have any control over it. Therefore all the steps that they're taking are not so surprising.

Again today many news in CoinDesk which speaks positive side and mass adoption corporates and Japan mining implementation worth some million USD. Now Chinese news about licensing issue resolved. Buyers who bought already will make huge profit by the way.

Ya I agree you buddy. The  price of bitcoin is now raising some how. So it looks like as you said buddy. If so,main Investors will get their money in terms of double or triple of the investment. Their is no doubt in that.Even now you can inverse in bitcoin. Now also some how low.Tomorrow the price will reaches the moon.

[erikalui]

Why earlier they could operate without any license? I feel that every exchange needs a license to operate but with those new regulations, how easily will they be able to purchase it? Now with two exchanges shutting down, they haven't mentioned that they would restart their operation and whether they will seek any license. Whatever happens, it's going to take months for them as they'll take months to get a license and till then the Chinese market will depend on okcoin mainly and OKcoin has stopped CNY deposits which means that only crypto to crypto trades continue. There's nothing mentioned about them shutting down.

[gajebo]

is this true and trustworthy? I look at the market, yes there is an increase in bitcoin.

but I still doubt it for investment.

[sammy.one]

This makes a lot of sense. With such a small liquidity pool news like this can cause extreme volatility. Should be a wild few months!

[joebrook]

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

The whole issue was about licensing and not bitcoin being illegal,Once they sorted it all and exchanges are given the license to operate, This will inadvertently make the price of bitcoin jump again once this whole mess is eventually sorted out.

[Koadharber]

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

This news somehow comforts me inspite on having this all the pressure we are not experiencing as of now.All the news of negativity on bitcoins price.Atlast this news shows some light and just as presumed they do ban ICO but they would comeback again but on a regulated return which we can say that this is the best time to buy more cheaper coins.

[ivanarifiant]

This is good news, now it's time to buy some alcoin and bitcoin because china will come again. But I do not think we can say that it will reach the highest price we get this month.