Bitcoin Forum
December 01, 2020, 09:35:02 AM *
News: Bitcointalk Community Awards
 
   Home   Help Search Login Register More  
Pages: [1] 2 »  All
  Print  
Author Topic: Cryptocurrency Exchanges Officially Dead In China  (Read 633 times)
rosber
Newbie
*
Offline Offline

Activity: 44
Merit: 0


View Profile
November 05, 2017, 06:19:22 AM
 #1

Cryptocurrency Exchanges Officially Dead In China?
1606815302
Hero Member
*
Offline Offline

Posts: 1606815302

View Profile Personal Message (Offline)

Ignore
1606815302
Reply with quote  #2

1606815302
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1606815302
Hero Member
*
Offline Offline

Posts: 1606815302

View Profile Personal Message (Offline)

Ignore
1606815302
Reply with quote  #2

1606815302
Report to moderator
1606815302
Hero Member
*
Offline Offline

Posts: 1606815302

View Profile Personal Message (Offline)

Ignore
1606815302
Reply with quote  #2

1606815302
Report to moderator
1606815302
Hero Member
*
Offline Offline

Posts: 1606815302

View Profile Personal Message (Offline)

Ignore
1606815302
Reply with quote  #2

1606815302
Report to moderator
mk4
Legendary
*
Offline Offline

Activity: 1498
Merit: 1716


🔐 NotYourKeys.org 🔑


View Profile WWW
November 05, 2017, 06:22:07 AM
 #2

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
Sr. Member
****
Offline Offline

Activity: 644
Merit: 263


View Profile WWW
November 05, 2017, 08:25:24 AM
 #3



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
Hero Member
*****
Offline Offline

Activity: 826
Merit: 1004


View Profile
November 05, 2017, 08:39:21 AM
 #4

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
Sr. Member
****
Offline Offline

Activity: 1232
Merit: 274



View Profile
November 05, 2017, 08:55:35 AM
 #5

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.

▄▄███████████████████▄▄
█████████████████████████
███████████████████████████
████▀▀▀████▀▀▀█████████████
███▄   ▀██▌  ▐█████████████
████▄   ▀█   ████▀   ▀████
█████▄   ▌  ▐█▄▄█  █▄  ███
██████▄     ██▌▐██     ▄███
███████▄   ▐██ ███  ███████
████████▄▄▄██ █████████████
███████████████████████████
█████████████████████████
▀▀███████████████████▀▀
|
LIVE SHOWS  |   SLOT   |  IN-HOUSE GAMES  |
███████████████████
██████  █  ████████
████         ██████
██████  ███  ██████
██████         ████
██████  █████  ████
████           ████
██████  █  ████████
███████████████████
|███████████████████
████████▀ ▀████████
███████▀   ▀███████
██████▀     ▀██████
█████▀       ▀█████
█████▀▀▄▄ ▄▄▀▀█████
██████▄  ▀  ▄██████
████████▄ ▄████████
███████████████████
|███████████████████
████           ████
████▄▄▄▄   ▄▄▄▄████
███▀▀▄▄▄   ▄▄▄▀▀███
██▄▀▀███▄▄▄███▀▀▄██
█████▄▄▄   ▄▄▄█████
████████   ████████
████████   ████████
███████████████████
|███████████████████
██ ▄ ▄▄▄▀▀▀▀▀▀█████
███ █▄▀████▀▄█▄▀███
████ ██▄▀▀ ▀▀▄▄ ▄██
█████ ███ ███▀▄████
█████▌▐█▌▐█▀▄██████
██████ █ ▀▄████████
███████ ▄██████████
███████████████████
|███████████████████
████         ▀█████
██████  ████▄  ████
██████  █████  ████
████      ███  ████
██████  █████  ████
██████  ████▀  ████
████         ▄█████
███████████████████
|
100%
PROVABLY FAIR
|
LOWEST
HOUSE EDGE
|██████
██
██
██
██
██
██
██
██
██
██
██
██████
.
PLAY NOW
██████
██
██
██
██
██
██
██
██
██
██
██
██████
yndye
Sr. Member
****
Offline Offline

Activity: 616
Merit: 262



View Profile WWW
November 05, 2017, 09:05:15 AM
 #6

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.

▄▄▄████████▄▄▄
▄▄██████████████████▄▄
▄████████████████████████▄
▄███████████▀▀███████████████▄
██████████▀▀ ▄▄█▀  █████████████
███████████▄▄█▀  ▄███▀   █████████
█████████████  ▄███▀      ██████████
▄████████████████▀        ███████████▄
██████████████▀          ▄████████████
███████████▀             █████████████
████████▀               ██████████████
████████▄              ███  ██████████
▀██████████████        ██  █▀ ███████▀
███████████████      ██▀ ▄█ ▄███████
██████████████     ███  █  ███████
██████████████   ▄██  █▀ ███████
▀████████████▄ ▄█████████████▀
▀████████████████████████▀
▀▀██████████████████▀▀
▀▀▀████████▀▀▀
   


















   
▄████████████████████▄
████████      ████████
██████████████████████
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██                  ██
██████████▀▀██████████
████████▀    ▀████████
████████▄    ▄████████
▀█████████▄▄█████████▀
  Download on the
App Store
 


















  GET IT ON
Google Play
  ●  FACEBOOK
●  TWITTER
●  TELEGRAM
v.mariette
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
November 05, 2017, 09:05:29 AM
 #7

isnt this just one of many news bubbles intentionally created?
Yabuy92
Full Member
***
Offline Offline

Activity: 396
Merit: 100



View Profile WWW
November 05, 2017, 09:39:26 AM
 #8

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
Full Member
***
Offline Offline

Activity: 396
Merit: 100



View Profile WWW
November 05, 2017, 09:41:58 AM
 #9

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  Grin Grin

twobits
Sr. Member
****
Offline Offline

Activity: 574
Merit: 250



View Profile
November 05, 2017, 10:02:52 AM
 #10

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.

█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
███
███
███
███
███
███
███
███
███
HyperQuant.net
Platform for Professional Asset Management
███
███
███
███
███
███
███
███
███
WhitePaper
One-Pager
███
███
███
███
███
███
███
███
███
Telegram 
Facebook
Twitter
Medium
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
███
█████                █████      ███████             
█████                ███    █████████████       
█████                ██  █████████████████   
█████                █  ██████              ██████ 
█████                    ████                      ████ 
█████████████  █████                        ████
█████████████  █████                        ████
█████████████  █████                        ████
█████                    █████                             
█████                █  ██████              ███████
█████                ██  ███████████    █████ 
█████                ███    █████████    ████   
█████                █████      ███████    ██
Herbert2020
Legendary
*
Offline Offline

Activity: 1890
Merit: 1134


View Profile
November 05, 2017, 11:31:38 AM
 #11

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.

This space is for rent. Send PM with your offer.
cryptopredict.me
Member
**
Offline Offline

Activity: 143
Merit: 10


View Profile WWW
November 05, 2017, 01:26:07 PM
 #12

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

https://genialseo.com
Best SEO Services from real experts
karmamiu
Sr. Member
****
Offline Offline

Activity: 372
Merit: 250


View Profile
November 05, 2017, 01:35:06 PM
 #13



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
Full Member
***
Offline Offline

Activity: 382
Merit: 101


View Profile
November 05, 2017, 02:20:59 PM
 #14

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
Hero Member
*****
Offline Offline

Activity: 1246
Merit: 529

CryptoTalk.Org - Get Paid for every Post!


View Profile
November 06, 2017, 03:17:29 PM
 #15

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.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.YoBit AirDrop $.|.Get 700 YoDollars for Free!.🏆
Report to moderator 
 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..███████████████████████████████
Talenter
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
November 06, 2017, 03:48:19 PM
 #16

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
Sr. Member
****
Offline Offline

Activity: 924
Merit: 260



View Profile
November 06, 2017, 04:09:47 PM
 #17

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
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
November 06, 2017, 04:12:36 PM
 #18

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.

•  ◢    B L U Z E L L E  |  A decentralized database service for the world's dApps    ◣  •
•  ███████   ANN  Whitepaper   Twitter   Telegram  Medium    Reddit   Github   ███████  •
•  ◥    Pre-register for Token Sale    ◤  •
craZyLovE0916
Sr. Member
****
Offline Offline

Activity: 588
Merit: 250


View Profile
November 06, 2017, 04:47:46 PM
 #19

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
Sr. Member
****
Offline Offline

Activity: 826
Merit: 263



View Profile
November 06, 2017, 05:16:48 PM
 #20

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.
Pages: [1] 2 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!