Cryptocurrency Exchanges Officially Dead In China

[rosber]

Cryptocurrency Exchanges Officially Dead In China?

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[mk4]

Cryptocurrency exchanges have been banned in China for more than a month already. Though there are rumors about the Chinese government
legalizing cryptocurrency exchanges sometime in the future. But then again, these are only rumors.

[ss890]

Cryptocurrency exchanges have been banned in China for more than a month already. Though there are rumors about the Chinese government

legalizing cryptocurrency exchanges sometime in the future. But then again, these are only rumors.

Yup the whole china itself is rumour I believe, but no offence at all.


They always made the market fluctuate like crazy and always have been artificial on the market. This disturbed the way prices of bitcoin where until last month. They had amazing power of the mining bitcoin but they lost it in the long run after the ban.


Cryptocurrency exchanges where closed down and thats why we saw down movement of the bitcoin in the last month. Thats not rumour by the way, what is rumour is they might start up again, so yeah it could fluctuate us again by pumping the prices, hopefully.

[giveen]

You can't lose hope there will surely be a day when exchanges will return despite all the delays in implementing regulation, tax china is surely looking for a way on how they can profit from exchanges. If they wanted they could have even banned mining but the revenue earned from mining by the government is really high maybe by end of this year exchanges will return if it doesn't then what you are saying is right.

[Gozie51]

Some of these news items are rumours and rumours are part of the business world. It falls under fundamentals, we should not be surprised when investors start acting on what they have heard and this, causing panic selling. Thus, affecting the market.

For China however, they have always wanted to be in the news with bitcoin and cryptocurrencies either for the good reasons or bad ones, we are going to see how it plays out.

[yndye]

There are rumors that China would open up their exchanges again because they can't pass up this opportunity to not profit in cryptocurrency. They are maybe just ironing out some issues so that when the time comes they would officially open then there would be little or no issues to address. China have played a big part on the bitcoin price especially those crashes but the crypto world have moved on and can exist without them being involved.

[v.mariette]

isnt this just one of many news bubbles intentionally created?

[Yabuy92]

What do you mean by officially dead? This fear uncertainty and doubt was spread a long time ago in the cryptocurrency space and we have already rebounded from the issue. I don't think there is much more to say at this point. We are going to the moon with or without China.

BECAUSE this issue bitcoin prices last month dropped but cuman correction, once again this cuman rumors are not true china declares full ICO is strictly prohibited, there is a political element in it.

[Yabuy92]

There are rumors that China would open up their exchanges again because they can't pass up this opportunity to not profit in cryptocurrency. They are maybe just ironing out some issues so that when the time comes they would officially open then there would be little or no issues to address. China have played a big part on the bitcoin price especially those crashes but the crypto world have moved on and can exist without them being involved.

considering the amount of bitcoin that circulates more in china, so naturally this happens, and anyone would be interested in the name of money 

[twobits]

Cryptocurrency Exchanges Officially Dead In China?

Yes if there will be no more intruction from the regulators to continue the crypto exchange service in the china, But another news was appearing about the chinese regulator try to consider about the crypto exchange site again. And about to regulate the crypto.

[Herbert2020]

Cryptocurrency Exchanges Officially Dead In China?

the big exchanges are in a winter sleep and will most probably wake up after some time as some rumors and news tell us about them. they will come back just as they came back before and with new sets of rules and regulations and probably 0 ICO.

the act of exchanging or trading is still pretty damn hot in China though. they are trading bitcoin like crazy. the volume of some foreign exchanges are not much higher because of their migration and also the volume from decentralized places and the peer to peer or OTC trading places are through the roof too.

[cryptopredict.me]

Chinese exchanges will open soon and ICO will be regulated, like in other fields China wants to keep all in their hands

[karmamiu]

Cryptocurrency exchanges have been banned in China for more than a month already. Though there are rumors about the Chinese government

legalizing cryptocurrency exchanges sometime in the future. But then again, these are only rumors.

Yup the whole china itself is rumour I believe, but no offence at all.


They always made the market fluctuate like crazy and always have been artificial on the market. This disturbed the way prices of bitcoin where until last month. They had amazing power of the mining bitcoin but they lost it in the long run after the ban.


Cryptocurrency exchanges where closed down and thats why we saw down movement of the bitcoin in the last month. Thats not rumour by the way, what is rumour is they might start up again, so yeah it could fluctuate us again by pumping the prices, hopefully.

                      As much as i agree with you. I am also wondering that they are maybe manipulating the prices so they could take advantage, but its just my own opinion to start with, and there is no sure if that is possibly true but i've been hearing so many rumors about this and there is also a slight chance that it is possible.

[Reez]

That is good that cryptocurrency exchanges are dead in China, this means that the volume is moving towards peer to peer exchanges, like localbitcoins.com. There are more like cadcoin.co, paxful.com, bittylicious.com, and even bisq.io if you want a lot of privacy. Cadcoin.co and bisq.io are the safest peer to peer exchanges I know of that offer you so many privacy features when using their process.

[gabmen]

Cryptocurrency Exchanges Officially Dead In China?

At this point? Who cares. Bitcoin's been on a roll evem acter the chinese banned these exchanges. They can go on and ban everything they want and bitcoin will continue to revolutionize the market.

[Talenter]

The biggest risk is that the wallet is no longer working, especially because the password has been forgotten, the hard drive is defective, the paper is corrupted or burnt.

[Idrisu]

THIS is better for the crypto currencies development and since China has been the problem from beginning I think it is better to do without them and maybe later they will change their minds. I know something related to currency manipulation that united States of America said about China last time may be the reason behind this decision of stopping crypto currencies activities.

[ditinhu]

All governments want to collect taxes from the population and in the world of cryptomoedas this ends up being difficult to do. That is why the Chinese government wants to ban or forbade the Cryptocurrency, but I think it will be temporary because I do not think I'll be able to control it.

Many governments will try to do the same thing so they can get money out of the population.

[craZyLovE0916]

Of course cryptocurrency exchanges are dead in China that is because they put bans on them. However, they did not, and could not, put a ban on peer to peer exchanges like localbitcoins because that is out of their jurisdiction. Look at the volume on p2p exchanges after China banned centralized exchanges, it is massive and that's because people don't need third party oversight.

[reflector]

THIS is better for the crypto currencies development and since China has been the problem from beginning I think it is better to do without them and maybe later they will change their minds. I know something related to currency manipulation that united States of America said about China last time may be the reason behind this decision of stopping crypto currencies activities.

Btcc exchange also recently banned from China. Since many people invested in bitcoin like in trading and mining platform.
I do not know what is the issue of the bitcoin. Simply their government pressure up the bitcoin from their country. Some months before many of the company from the China migrated to other countries.