Question on China vs Bitcoin

[Happy Smile]

Is it true that China will shutdown some crypto exchanges by the end of the month?

[Nawaytes]

Maybe yes or maybe not (it would be better if YES).
You know they are always trying to make an impact on bitcoin prices so they can get it at lower price. All this time they think they are the ones that make the bitcoin price up and down. But now the world has realized that without China, bitcoin move better than before although they are close their exchanger.

[affandi]

The information I heard was like that. And it seems people have started smart and do not want to be affected again with the news from china. The proof of bitcoin has begun to creep up again, it is a sign of bitcoin will continue to grow even though there is no china in the world of cryptocurrency.

[Pursuer]

Maybe yes or maybe not (it would be better if YES).

there is no maybe anymore. it is a sure thing. China has already closed the exchanges a couple of times before in the past. now it is another time they are closing them down for the same reasons. the exchanges actually have released statements about them shutting down and have given dates of their shutdown too. they are still operating well until that date though.

You know they are always trying to make an impact on bitcoin prices so they can get it at lower price. All this time they think they are the ones that make the bitcoin price up and down. But now the world has realized that without China, bitcoin move better than before although they are close their exchanger.

they are not going anywhere. bitcoin will continue to exist and China will continue to be involved in it like before but nothing more and nothing less.
they have never made bitcoin itself illegal nor trading it or any other altcoin. and people will continue to do that.

additionally since it has never been China affecting the price, nothing will change. even if China no longer exists on the map there will be some other excuse for the same FUDs and same price effects.

[Taki]

That's true, some of exchangers had been closed already and some just plan to do that. BTCC, which is in the top 5 Chinese trading sites, announced the closing of its subsidiary BTC China, the oldest bitcoin exchange, which today is still functioning. The company published its first announcement on 14th September, stating that on the last day of the month it will completely stop your exchange services.

[dilinger]

Is it true that China will shutdown some crypto exchanges by the end of the month?

Yes, they will shut down end of this month, relax friend it will not kill the bitcoin.

[kotajikikox]

Maybe yes or maybe not (it would be better if YES).
You know they are always trying to make an impact on bitcoin prices so they can get it at lower price. All this time they think they are the ones that make the bitcoin price up and down. But now the world has realized that without China, bitcoin move better than before although they are close their exchanger.

i agree with you sir my answer yes if the china government want bitcoin shutdown permanently its not worrying about that because i believe go rising again without the support of china, many country want to support bitcoin as currency, there' nothing big effect for bitcoin about that issue.  

[Gaaara]

Maybe yes or maybe not (it would be better if YES).
You know they are always trying to make an impact on bitcoin prices so they can get it at lower price. All this time they think they are the ones that make the bitcoin price up and down. But now the world has realized that without China, bitcoin move better than before although they are close their exchanger.

i agree with you sir my answer yes if the china government want bitcoin shutdown permanently its not worrying about that because i believe go rising again without the support of china, many country want to support bitcoin as currency, there' nothing big effect for bitcoin about that issue.  

Actually it might affect the price but it will not be that big, there is so many investors in china and lots of ICO that is made in there so basically it will make some impact but its not what some expect, it will gradually lessen the value but a big pump will come after as always. What I do is that I don't buy big amounts I will wait for the effect to happen first then I could buy as much as I want.

[maciak]

Yes it is true

[dasdo]

Of course, these bans from China, Korea, and even the regulation of the SEC from America can not have a significant impact on the crypto-currency market. It's like trying to stir a haystack with a spoon. It is a pity that more than 85% of the world's people believe the news media background, not suspecting that it can be bought. Their opinion about bitcoins is made up of a TV set. Invest in a long time and you will be happy. Moreover, the news has already come out about the lifting of restrictions from China on October 18, here is a living example.

[pedrog]

Is it true that China will shutdown some crypto exchanges by the end of the month?

Yes, it is and some of us were expecting a big dip but it seems it is already priced in and the dip already occurred on the 15th, so now it's moon and no more China ban price manipulation.

[Bosx1ne]

Is it true that China will shutdown some crypto exchanges by the end of the month?

I think China can't do that. They can't banned all of the ICO in the world.

[n4poleon]

Exchanges in the mainland China has already taking this proactively as they are shutting their operation on CNY/BTC pair down. And this is without the announcement yet, so far the announcement is just for the ICOs.

[btc-facebook]

Is it true that China will shutdown some crypto exchanges by the end of the month?

Yeah.. but I read that China will made some regulation before able to operate once again
But for now, I can see that bitcoin value keep growing without China so I'm wonder if China enable bitcoin once again, I think it will reach $ 5000 before 2018

[shield132]

Maybe yes or maybe not (it would be better if YES).
You know they are always trying to make an impact on bitcoin prices so they can get it at lower price. All this time they think they are the ones that make the bitcoin price up and down. But now the world has realized that without China, bitcoin move better than before although they are close their exchanger.

It would be better? Finally yes, but not now because currently high percent of price depends on them. Well, they think that they are the ones that make bitcoin pricebup and down as they wish and to be fair, I agree them and there are many examples for them. At first it's when china said they are closing bitcoin exchanges, also remember when okcoin stopped withdraw, price went down immediately. Every their action affects bitcoin's price and that's why they think so.

[yugyug]

if China will truly ban their bitcoin exchange platform then i am so glad to hear that, it is much better that Chinese will stay of out bitcoin scene it is much healthier if China don't exist in the bitcoin exchange platform and much better if they will try to shut down the mining firm too, China almost centralised the bitcoin blockchain because majority of the majority of the mining pools are located in China because i see it as an unfair competition to other small time miners. Chinese miners caused a lot of trigger of mining difficulties where new miners has a slim of chances to gain profit from mining.

[coiner495]

My opinion is that most of the news last week were fake or not completely true. I was planned by whales to force panic sell and then buy BTC back with 35% discount.