China plans to shut down Bitcoin ExchangessteemCreated with Sketch.

in bitcoin •  7 years ago 

Yahoo Finance Video•September 11, 2017

China is putting an end to trading in virtual currencies like Bitcoin. The country is shutting down cryptocurrency exchanges. People will not be banned from using Bitcoin but will instead end the commercial trading of the currency. Yahoo Finance’s Alexis Christoforous, Editor-in-Chief Andy Serwer and Melody Hahm figure out what kind of impact this will have on Bitcoin.

See video : https://finance.yahoo.com/video/china-plans-shut-down-bitcoin-165634858.html

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future of bitcoin is a bit shady

yes

It's wrong. Truth is China shut down only ICO activity.

this will shift the market to a huge down trend

It might be for a short time.

some were saying its not going to happen i am a bit confused are they really going to do that.

The news says it is certain. So no doubt in it. Nothing to worry, there re more countries in the world accepting bitcoin eagerly.

Omg...I cant believe this...

this is reality

This post has received a 7.08 % upvote from @booster thanks to: @mohammedfelahi.

ok