China banned crypto, sell your BTC while you still can.

[sommii]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

[babydl]

only one china?   have any country (official network) ,teamviewer , VPN can help. haha

[jseverson]

I don't think things are going to play out the way you described. China's trading volume has already plummeted pretty severely since the first exchange ban, and while it's a pity that even P2P exchanges were shut down, there are still plenty of ways for the still existing Chinese traders to do what they do. There are already ways to bypass the Great Firewall of China, and there's no reason that wouldn't work for crypto. Some news article also came out recently that described how Chinese traders were moving their activities to Hong Kong, where China's ban can't reach them.

Miners may be affected in the short term, especially with all the uncertainty surrounding mining, but this could be a good thing. It's such a bad idea for majority of the hashrate to come from within the Great Firewall, where regulations are rash and drastic. It's better for the Bitcoin network as a whole to do away with all that uncertainty by distributing the hashrate a little better across countries with non-oppressive, clear-cut rules.

[TERA2]

China banned bitcoin in 2013. All the Chinese exchanges finally went down in 2017 which served as a silk-road-like launchpad for the rally. I dont know how china is relevant now and why you are trying to necromance this idea from the dead.

[zazzbg]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

Do you want to buy mine?

[fabiorem]

China ban bitcoin every year. Last year it banned bitcoin two times.

Its old FUD. Not gonna work.

[severaldetails]

The cryptocurrencies have started to move away from China. If they ban or ban not in 2019, I'm sure the cryptocurrencies will not bother that much. Besides, the problems that could come up in 2019 are not of any concern at the moment. At the moment we need to keep the down trend in check that we have right now.

[bitcad4u]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

Don't be a stupid to believe all this things,do you have any link for this?
If this news is true so,not china only make this much crash.I don't accept the fact bitcoin will reach 1000$ and all in 30-60 days.
You make the holders to get panic,don't spread the fake news here to make other's panic.

[pedrog]

"The lesson from the internet is, anything that China bans, invest in it"

https://twitter.com/picoloresearch/status/904725588094668800

[lili song]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

I'm not sure bitcoin can go down to $1k, I still believe bitcoin can rise and shine to high value again. Bitcoin demand and supply still high.
Hope in a few month bitcoin up again, anything can happen in cryptocurrency world. We be better in bitcoin value after drop down.

[Nosk]

You know that the power cost needed to mine 1 btc is approximatively (depends on many factors) between 2k and 4K usd ?
It can't go to 0. Never. 3k seems to be the absolute bottom to me, and we won't reach it.

[Tyrantt]

Yes, yes cause more panic selling. Besides, as you can read in other peoples posts, China has been banning everything ever since. One of the articles is back from 18.10.2017 (pretty sure there were bans before this one) when China banned Bitcoin and you know what happened to the price afterwards. Stop spreading panic.

[Wilhelm]

Come on .... sell your coins on this FUD please!!!!!
Once you weak hands leave we can climb again

[zerberr]

meh. whales can move the markets with their volume alone.

Of course they can afford to hire some FUD spreaders on forums.

"Ignore" button is your friend.

[Sitarow]

You know that the power cost needed to mine 1 btc is approximatively (depends on many factors) between 2k and 4K usd ?
It can't go to 0. Never. 3k seems to be the absolute bottom to me, and we won't reach it.

Here is a chart that you can use that will help.

I have updated it with Bitmains latest offering of the Antminer S9.

https://docs.google.com/spreadsheets/d/11QS1BBV11KNGTF8N_-fdfmjTZ3WzPQFbLfVrl5n6R8s/edit?usp=sharing


Between 2k and 4k to create 1BTC? There is a short window of oportunity to make such things as network difficulty depending on how much hardware does make its way onto it. The network difficulty rises you may never make 1BTC from the hardware.

At this price it may be way more profitable to simply purchase BTC.

Here is an example from the above linked document.

^ UPDATE: Now with two difficulty dates. Presently set at 5% and 1% on the 6th month.

It seems that the network difficulty will be dropping. Perhaps due to BCH taking a little of the mining hardware out of the picture or older hardware being taken offline to to operating costs.

[crairezx20]

Another fake news just to push other people to sell their bitcoin there are lots of people that they wanted to let people sell bitcoin just to buy cheap price of bitcoin..  Honestly i don't trust any news because i heard that the news are fake about banning bitcoins from china..
Why manufacturer in china still selling their hardware miners? it means what we are read from news about bitcoin are fake. .
There are reason why the price was drop even the global market and stock market everything there are falling not only cryptocurrency in past few days ..
For me i stay holding even i only have few bitcoins i still save it for future and mining business.

[trickyriky]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

These posts make people panic. Why do you do this, man? Many traders are not in the best mood and you try to make the situation even worth, killing them morally?

[yrreg ger]

China blocks access to the markets with its huge Great Firewall of China. Any and all websites offering cryptocurrency trading services or advertising the digital currency market have been scrubbed from search engines and social media in China in a bid to wipe out the trade.
BTC will go down to $1k  within next 30-60 days and it will be close to $0 before 2019. Sell it now.

I disagree with your opinion.

In the second time bitcoin banned that cause of dumping. But I believe that it will not be the result of crashing of bitcoin. There are big reason why they need to do that especially if this will be the problem of growing economy.

But for securing my future, I sell some of my bitcoin and use in business to make sure of income. And to avoid blaming myself when the price of bitcoin dumps.

[Wilhelm]

Hmmmz if China blocks all Bitcoin transactions how are they going to dump 

[criz2fer]

OP will just make another news from FUD. Don't let this kind of topic spread on the forum with no such basis. China banned bitcoin and exchanges almost every year just o make the weak hand sell the investment on a cheaper price. If this kind of people spreading out in the market, then theres always sa sale every year to buy more coins for regular traders like me.