A ban on trade in China

[Orino Suimuri]

This just cheap manipulation to make prices fall and to do some crypto shopping.
I can bet that in just some weeks the market will jump up again.

[MintCondition]

This just cheap manipulation to make prices fall and to do some crypto shopping.
I can bet that in just some weeks the market will jump up again.

Jist like an announcement they made last yeae, and it's really effective since it makes the cryptos falls again, it's buy time now, China were always against crypto yet stoll many Chinese fomd on javing crypto they might find other ways soon.

[cryptomema]

So this is the news why the market crashes again,people had sold their btc in panic thats why the whole market shaked like what we had last year.

[Wonza99]

They're coming hard for peer-to-peer platforms, such as LocalBitcoins. It is sad to be honest to look at these attempts.

From what i believe people are still using crypto currencies even though there is a clampdown.
Crypto cannot be stopped, people will always find a way to avoid rules and regulations.
It looks today like the news coming out of s.korea and this china news is clearing out the people
Who have no faith in the resilience of crypto.

I adhere to this comment. They can prohibit torrent sites but not a pendrive .. people will continue to share their content by other means as well as their bitcoins

[xiaoxz]

The Chinese authorities will block all platform for cryptocurrency trading.

Previously, China has closed all major cryptocurrency exchanges under the jurisdiction of the country, however, according to the authorities, this is not enough, and they plan to block access to local and offshore platforms that allow for centralized manufacturing. It is reported Bloomberg citing sources familiar with the situation.

Last year the authorities decided to close the cryptocurrency exchanges under the jurisdiction of the country. However, she was recently seen increased activity on alternative venues. The sources Bloomberg did not specify how the authorities will define such platform.

any source? or is it old news? south korean banned exchange and shutdown bitcoin. is the cause of down trend today.
the market is recovering slowly now.

Can I understand that now there is no bitcoin trading platform in China? However, all I know about the news is that there are now some cryptocurrency wallet providers who are not going to support their products in China, e.g. BiXin. I think this is the another cause of down trend.

[GaxviiBuss]

THis news is just another game from China goverment or some whales investors, crypto without China still good last few months. China please leave crypto because we dont need you!

[Cryptolupus]

China has the power to manipulate the market because there is strict control on population net surfing.
But it seems to me just a government histerical reaction to something they can't still understand.

[Lacettivod]

Do you think this is possible? I highly doubt it. Crypto exchanges are on different domains. Many domains are outside the jurisdiction of China. When the authorities block one domain, a week will have another. This game can last a very long time. If the Chinese want to trade cryptocurrency, they will find a way to do it.

[Technotec.org]

I think that for China, mining and crypto-currencies are a gold mine. Great income. Therefore I think that the rules will become more serious,
  but there will not be a ban

[wojiaohahaha]

Maybe this is the reason why all the COINS have plummeted in the past day, but the Chinese government has no official announcement of this content, and it is not known whether it is true or false.

[AndriyPilipyak]

China is not favorite number 1 in cryptoworld,1 year ago maybe yes but now Japan and Korea is most important

[Daddyj2]

There is still no official statement on China of whether they will ban trading but sure thing is they already ban bitcoin mining as it consume too much electricity.

[Ceballos]

The Chinese authorities will block all platform for cryptocurrency trading.

Previously, China has closed all major cryptocurrency exchanges under the jurisdiction of the country, however, according to the authorities, this is not enough, and they plan to block access to local and offshore platforms that allow for centralized manufacturing. It is reported Bloomberg citing sources familiar with the situation.

Last year the authorities decided to close the cryptocurrency exchanges under the jurisdiction of the country. However, she was recently seen increased activity on alternative venues. The sources Bloomberg did not specify how the authorities will define such platform.

citiation needed for this news. We need to see clearly whats going on China Goverment side.
They previously banned ICO but they told that bitcoin trading ban is not possible.

[cryptopuma]

This was the main reason of the big dips today,by further researching earlier i found that korea and china wont ban crypto totally but will have some regulations instead,so dont be so alarmed by these news,dont do panic selling or you will lose a lot of money,hold when you get stucked in a coin its better to wait than to lose a trade,bulls are coming after this.

[nesso]

these guys must be crazy!
a virtual currency was created. Within a few years the whole world got to know it. some countries do not want to see it! states are making decisions that will harm them instead of benefiting from this crypto world....

[AiwonOleh]

This is not yet confirmed information, but only rumors through which the coin market falls, so it makes no sense to panic, everything is settled.

[Baronggot]

I think this move was already imposed in China lately and as what i have known, there are still Chinese people who are doing the crypto thing despite the ban of trade and ICO in China.

[Cryptophorus Columbus]

China all the time spreads rumors just to manipulate the market.
Of course they can stop part of transactions, due to strict control they have on population, but this won't be a global problem.
Crypto can't be stopped.

[Jimmy palumbo]

China intends to further regulate the cryptocurrency, and South Korea is preparing to regulate the cryptocurrency, which is a serious blow to the cryptocurrency market.

[zenman0]

This is normal FUD. I think in the near future we will see news about the lifting of the ban . It's all market manipulation , do not panic , usually in January in this market it happens...