Is China still going to ban bitcoin exchange in China

[Nikhilk]

  will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

[albertvert]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

Their are chance for China to ban .Because they start to get fear about that the bitcoin will reach the peak and Replace their own currency. Due to this fear they stop to ban some of the trading done in China.But now bitcoin replace his own price. It now crossed the value of 4000$.

[Nikhilk]

Will it affect on price of bitcoin on 30 sep

[endlasuresh]

Will it affect on price of bitcoin on 30 sep

I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.

[DaMut]

will they ban the exchanger and their citizen for doing Bitcoin trade in their country ?
Yes,absolutely they will ban it for now and a few months later on.
what will happen with the market ?
Of course there will be another downward movement caused by them for a week and month.
after that price is slowly climbing to the peak when it was.
Will they ban it forever ?
No,they will not do it because they understand how it works and how it will be in the next few years later on,
it has not implemented yet in many country and has a lot of room to grow,which mean the price is not stable yet and can increase at any time.
the reason they did it to gain more coins to increase their financial economy.

[liuqi]

Will it affect on price of bitcoin on 30 sep

I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.

Countries does not do anything to bitcoin. It is a independent medium which can do payment internationally with the less fees in any transaction with the various cost.
You can see the price chart now it is moving forward to touch the next peak value again. If it is been settled 4k USD also since that is good price to worht the bitcoin related projects.

[gilangIDR]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

Their are chance for China to ban .Because they start to get fear about that the bitcoin will reach the peak and Replace their own currency. Due to this fear they stop to ban some of the trading done in China.But now bitcoin replace his own price. It now crossed the value of 4000$.

I also believe that one of the reasons for China is that they fear if bitcoin is growing rapidly in the country. It could be that bitcoin replaces the local currency and destroys the conventional economic system. The decision of china will greatly affect the bitcoin price, I think that on September 30th there will be more panic for bitcoin users. It is feared that the price of bitcoin can go back down and of course this is not the hope we want. The only way is to be calm and tell everyone that do not sell bitcoins simultaneously. If this can be overcome then the price of bitcoin may stabilize and also rise above 4000 $.

[Pamadar]

Will it affect on price of bitcoin on 30 sep

I think you are from India as per your name. It may affect in small percent, however still the Bitcoin shows in rise. You should wait and see what will happen this is not a game its rely on time to time and no one knows the prediction.

Countries does not do anything to bitcoin. It is a independent medium which can do payment internationally with the less fees in any transaction with the various cost.
You can see the price chart now it is moving forward to touch the next peak value again. If it is been settled 4k USD also since that is good price to worht the bitcoin related projects.

we will still feel that for some reason, its still possible that whale will use that issue to make some dip again before the huge pumped to happen, everything will
be depend on how the people or the traders and investors will see the  impact of this closure, but as a believer I will just hold and treat this as my financial investment so in coming years it will bring me more money.

[DenysM]

I do not think that China will close the exchanges completely. Most likely they will legitimize all this and the state will take it under control. Most likely until the new year, all of China's exchanges will open and bitcoin will then go to $ 6000

[Flor1982]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

There is a higher possibility that they will going to pushes through the ban but strongly believed that it will not affect anymore to the bitcoin value because lot of people are already learned from the past especially the panic people. We are already have hard experiences of this ban including JP Morgan criticizing bitcoin so granting there is an affect will happen but this time in a very minimal margin.

[Rastadon]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

It will give impact tot eh crypto but that will be not significant as the pboc announced to shutdown the exchange sites. But the ban was temporary. If we will be facing the date and i believe the bear market will come for the crypto.

[noictib]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

I don't think that it will happen because if the government of china want to ban the ICOs like project then they already banned 2 weeks ago , and why they will give time to put the decision on pending . Here this is full indication cryptocurrency like ICOs can't not go for close .
Here another factor also exists , that population of the china is very big and if the cryptocurrency like things will banned that surely lots of numbers of the people will become jobless and that will result into financially the china growth back , so here china will take positive descion toward bitcoin.
And here if it happened that cryptocurrency get banned then i am 100% sure that the cryptocurrency market will get effect by this thing because most of the miners are from china .

[Herbert2020]

nothing has changed yet!

the Chinese exchanges are still scheduled to be closed and they have even posted warnings to their users to withdraw if they like before the closure of their exchanges. there is no much news about what will happen next and how long will they stay closed. it may be like last time and only last a couple of months before they come back with a real license this time and work under regulations and we hopefully no longer see any issues with them again.

[Flomo]

Is that true?
or just an issue, the issue only causes the decline of bitcoin and will affect the altcoin. I hope it is just a talk and has no effect on all coins.

[iram3130]

The problem is that Chinese population likes Bitcoin more than their own currency because the government's act on their currency. They may ban or may create a new currency of their own.

[Cicada1033]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

I think exchanges will indeed shut down at least fiat to crypto transactions will be cut down. Remember the Chinese gouvernment is very strickt about their announcements. But the effect on the marked won't be significent since measures about this news were already taken.

[betlord90]

There's no article spreading abount unbanning the bitcoin exchange on there country but aslong as the bitcoins price are not affected on this closure event on that country I think those scenarios will be ok and price of bitcoins recovers already from that monster dump happen for those past week and maybe we could experience the real pump today.

[longminh123]

Is that true?
or just an issue, the issue only causes the decline of bitcoin and will affect the altcoin. I hope it is just a talk and has no effect on all coins.

I think this is just a temporary act of the Chinese government because they can not ban the Bitcoin, if China bans it all, it will surely have a very low market capitalization and be very difficult to recover.

[Misshi]

will Chinese exchange platforms shutdown on 30 sep
Will it affect on cryptomarket

I just read that it was postponed. The banning will be on October 14, 2017. If that is the case, get ready for take off because Bitcoin might pump this week or next week. 

[TheCoinFinder]

Yeah china's government is definite to ban their local exchanges till 30th september.
The goveenment has already issued regulations to exchanges that they should not accept new deposits or registrations on their websites.
The reason why ban imposed exchanges are still live in chaina is only for serving withdrawals to their clients.