Is China still going to ban bitcoin exchange in China

[Yaunfitda]

We can't really tell. They have taken a step back in their decision. So for sure if they might have a change of heart once they found out that their decision was not for the greater good of the Chinese community. And might suddenly make a U-turn again and allow the operations of their local exchanges. We have to wait and see how things pans out.

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[fedoralite]

We can't really tell. They have taken a step back in their decision. So for sure if they might have a change in heart once they found out that their decision was not for the greater good of the Chinese community. And might suddenly make a U-turn again and allow the operations of their local exchanges. We have to wait and see how things pans out.

Steps back will be done if there are protest will be happen on it but if there's no appeal sent to the chinese government came to their fellow mens then I think the law will be implemented but lets hope that there's nothing serious will be happen if this sad government dominating will step up so that fall will not came again on bitcoins.

[CuriousGeorge]

We can't really tell. They have taken a step back in their decision. So for sure if they might have a change in heart once they found out that their decision was not for the greater good of the Chinese community. And might suddenly make a U-turn again and allow the operations of their local exchanges. We have to wait and see how things pans out.

That just the matter of time, 2013 and 2015 already become the fact that they were not seriously to ban the crypto because their civilians will always be using it anywhere. That just like try to throw a lot of the money from their country to others. That's pretty strange. PBOC just played us into the game.

[RealPhotoshoper]

We can't really tell. They have taken a step back in their decision. So for sure if they might have a change in heart once they found out that their decision was not for the greater good of the Chinese community. And might suddenly make a U-turn again and allow the operations of their local exchanges. We have to wait and see how things pans out.

It is indeed they are ban bitcoin exchanges there (confirmed)  , but not with the bitcoin transaction itself.
So no wonder if recently the price of bitcoin getting higher even the closure date is near within a week.
It won't affect much to the price , as chinese bitcoin holder can still trade on an outside china exchange.

[buharikx31]

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

Indeed, there will left other payment methods how to buy cryptocurrency, i think it will affect cryptomarket because people are worried about their coins lost, for sure they can close every exchange but i think some of them can work fiat deposit still available

[Monnt]

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

Apparently China is just scared that the whole scheme is going to go against their monetary policy and may end up not being able to control it once it spreads like virus. However, I do not see how this may pose much of a challenge since it seems to me that most Chinese traders are already finding an alternative with the Japanese trading system due to its rapid growth of recent.

[wartywarlock]

Those news already passed and china won't make any speculation any more with ban.

[douglock]

There is no official announcement come from the chinese government so that we do not know yet. Maybe it is just a rumor which was created by chinese exchanges so that they can easily collect more bitcoin withour any problem. China is the biggest country in this industry and I believe that they have been playing an important role in the cryptocurrency market

[hovrah]

There is no official announcement come from the chinese government so that we do not know yet. Maybe it is just a rumor which was created by chinese exchanges so that they can easily collect more bitcoin withour any problem. China is the biggest country in this industry and I believe that they have been playing an important role in the cryptocurrency market

Actually, I have not yet seen any official statement from the Chinese government about the ban on crypto currency or Bitcoin. Perhaps it is really raised the hype for a special fall of the crypto currency, so that larger whales out of more buy at a low price.

[Kemarit]

We can't really tell. They have taken a step back in their decision. So for sure if they might have a change in heart once they found out that their decision was not for the greater good of the Chinese community. And might suddenly make a U-turn again and allow the operations of their local exchanges. We have to wait and see how things pans out.

Steps back will be done if there are protest will be happen on it but if there's no appeal sent to the chinese government came to their fellow mens then I think the law will be implemented but lets hope that there's nothing serious will be happen if this sad government dominating will step up so that fall will not came again on bitcoins.

What kind of protest do the Chinese government needs? I think its very obvious that the bitcoin community there is very lively and alive because we have to admit that they brought bitcoin to the next level. And protest?  I don't think it's allowed inside Mainland China because they rule the country with iron fist. If they said that they are going to ban ICO and close exchange then their citizens can't do anything about it. Even the exchanges themselves just chose to voluntary closes its business. They have  their reasons for doing this act, but for sure the one that is going to suffer in the bitcoin community inside China.

[suzanne5223]

There is 70% possibility that the Chinese government will shut down crypto currency exchanger operations in China this coming September 30th because the Chinese are well known for the uses of force to control something or protecting their national currency.

[1Referee]

Those news already passed and china won't make any speculation any more with ban.

Not? I think you should look back at how things have gone in the past with Chinese garbage announcements. Yes, once they have reached their boiling point they slowly vanish, but they'll return - that's something we have experienced far too often to not take it seriously. As long as there are enough empty headed chickens selling their coins like mad every time China farts, they will keep repeating this and thus continue to buy up your discounted coins, and sell them back to you at far higher levels later. People for once should ignore China and understand that they no longer are the central crypto hotspot in Asia. Everything that happens in this market is pure market manipulation, people still have to figure this out.

[posi]

Those news already passed and china won't make any speculation any more with ban.

Not? I think you should look back at how things have gone in the past with Chinese garbage announcements. Yes, once they have reached their boiling point they slowly vanish, but they'll return - that's something we have experienced far too often to not take it seriously. As long as there are enough empty headed chickens selling their coins like mad every time China farts, they will keep repeating this and thus continue to buy up your discounted coins, and sell them back to you at far higher levels later. People for once should ignore China and understand that they no longer are the central crypto hotspot in Asia. Everything that happens in this market is pure market manipulation, people still have to figure this out.

I totally agree with you 100% and my thinking is that there's something behind the act of the Chinese government because it seems like they are doing this in other to cause dip in price of bitcoin so that Mr somebody could buy bitcoin when dip and he could have a huge profit after everything is settle. Nevertheless, they will resolve the issue and we bitcoiner have nothing to loose or need to panic sell.

[betlord90]

Those news already passed and china won't make any speculation any more with ban.

Not? I think you should look back at how things have gone in the past with Chinese garbage announcements. Yes, once they have reached their boiling point they slowly vanish, but they'll return - that's something we have experienced far too often to not take it seriously. As long as there are enough empty headed chickens selling their coins like mad every time China farts, they will keep repeating this and thus continue to buy up your discounted coins, and sell them back to you at far higher levels later. People for once should ignore China and understand that they no longer are the central crypto hotspot in Asia. Everything that happens in this market is pure market manipulation, people still have to figure this out.

I totally agree with you 100% and my thinking is that there's something behind the act of the Chinese government because it seems like they are doing this in other to cause dip in price of bitcoin so that Mr somebody could buy bitcoin when dip and he could have a huge profit after everything is settle. Nevertheless, they will resolve the issue and we bitcoiner have nothing to loose or need to panic sell.

Certtain manipulation is happening and actually we doesn't even know if this issue is true not unless if there is a chinese crypto trader than confirms this things, and by looking for today's  current price bitcoins is having a good time and the price is going back upwards again. But I feel that  there's something great will be happen so we should stake and stay tuned for this good events happening.

[ployfit]

Those news already passed and china won't make any speculation any more with ban.

Not? I think you should look back at how things have gone in the past with Chinese garbage announcements. Yes, once they have reached their boiling point they slowly vanish, but they'll return - that's something we have experienced far too often to not take it seriously. As long as there are enough empty headed chickens selling their coins like mad every time China farts, they will keep repeating this and thus continue to buy up your discounted coins, and sell them back to you at far higher levels later. People for once should ignore China and understand that they no longer are the central crypto hotspot in Asia. Everything that happens in this market is pure market manipulation, people still have to figure this out.

I totally agree with you 100% and my thinking is that there's something behind the act of the Chinese government because it seems like they are doing this in other to cause dip in price of bitcoin so that Mr somebody could buy bitcoin when dip and he could have a huge profit after everything is settle. Nevertheless, they will resolve the issue and we bitcoiner have nothing to loose or need to panic sell.

This looks like a scenario yet can be true as well. We still don't know what they're attempting to do. Maybe they want to create a hole in bitcoin so that they will buy from the dip side of it.

[psiksenz]

The current market cap of cryptocurrency already accounts for Chinese exchanges shutting down.  But crypto is bigger than any one government.  With decentralised exchanges popping up, people will be able to buy whatever they want.  If for some reason China makes a U-turn then that will only add a massive boost to the bull market we're just getting into at the moment.

[SCCFX]

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. 

all yuan market can close october 31, not 14
huobi is ready announcement https://www.huobi.com/p/content/notice/getNotice?id=642

[777Bitcoin]

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

Nope, it will not because on September 30 the price be on 4800$ - 4900$ again. China on banning ICO and bitcoin exchanges is now an old issue for it was already been in affect, So traders, investors and members are already preparing for that date to counter any effect on market price. We do have much more support without china that is politically correct.

[|Bitkoin|]

Probably. I heard they are doing it in spite of North Korea as so many sellers of BTC were Chinese, but they just switched to localbitcoins which is the beauty of the Bitcoin network.

[twobits]

Probably. I heard they are doing it in spite of North Korea as so many sellers of BTC were Chinese, but they just switched to localbitcoins which is the beauty of the Bitcoin network.

But the latest news appears about the korean alreayd banned the ico and i think that gives the more impact to the bitcoin too. But a lot of people are tried to move into another country. The government just a greedy people.