BYE BYE BITCOIN ☹️☹️☹️ BYE BYE CHINA

in china •  7 years ago  (edited)

Image source: www.pixabay.com

Local Regulators from China orders all crypto exchange to close within September 30 this year. Caixin Global posted a tweet in its official twitter page. Previously BTCC, Chinese biggest crypto exchange announce their closure within september 30.

Today Another crypto exchange named viabtc announce its closure within 30 september.

Yunbi also announce its closure within 20th september

Just a few minutes back, BTCC China announces their full closure. It seems that all exchanges got confirm message from regulators.

The market reacted sharply. All cryptos down by significantly. I think investors are over-reacting. It is obvious that China will do something like this. More country will follow the steps of China. Regulators does not like crypto. They are crypto haters.

Is it the end of fear of Chinese regulators? I think so. Market will be down by significantly. But After this period, Crypto market will come back strongly

I am expecting comments from you about this topic.

If you like my post you can follow me @steemero for more update. Upvote is highly appreciated.

china bitcoin ban exchange crypto-news
7 years ago by

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    • [-]
      ·  7 years ago 

    Don't worry, China has banned bitcoin many times before and unbanned it to buy up at a much lower price. Just Hodl

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      1 vote
      [-]
        ·  7 years ago 

      I wouldn't be surprised if people within the Chinese government just bought up lots of bitcoin haha..

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      2 votes
      [-]
        ·  7 years ago 

      Is this happening now? Market is bounce back sharply

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        [-]
          ·  7 years ago 

        Lower price for all. buy time

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        1 vote
        [-]
          ·  7 years ago 

        Bitcoin isn't going anywhere ;)!

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          1 vote
          [-]
            ·  7 years ago 

          Within one hour, Market Turns positive

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            [-]
              ·  7 years ago 

            This post was resteemed by @resteembot!
            Good Luck!

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              [-]
                ·  7 years ago 

              Is this not just FUD to crash the market only to buy cheap and build confidence in this shiny digital currency once more?

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                [-]
                  ·  7 years ago 

                I think so. may be It is buy time

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                  [-]
                    ·  7 years ago 

                  True that

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                    [-]
                      ·  7 years ago 

                    @steemero got you a $1.81 @minnowbooster upgoat, nice!
                    @steemero got you a $1.81 @minnowbooster upgoat, nice! (Image: pixabay.com)

                    Want a boost? Click here to read more!

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                      [-]
                        ·  7 years ago 

                      It's crazy watching the price drop as BTCC are tweeting 🙈

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                        [-]
                          ·  7 years ago 

                        crypto is volatile. No risk no gain

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                        1 vote
                        [-]
                          ·  7 years ago 

                        The chinese are money crazy , they are going to drive bitcoin to 10000 by year end !!

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                          [-]
                            ·  7 years ago 

                          Everyone is money crazy including me :)

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                            [-]
                              ·  7 years ago 

                            Im not , I believe that there are datk forces controlling everything , or i would be one rich mutherfucka now .

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                              1 vote
                              [-]
                                ·  7 years ago 

                              upvoted 😍
                              great blog

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                                [-]
                                  ·  7 years ago 

                                This is exciting. Bitcoin will go ____???

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                                  [-]
                                    ·  7 years ago 

                                  I think the Chinese people want their own system anyway.
                                  While I was in China last month, every young person, including non-Chinese "locals", were consuming with WeChat & other apps.

                                  I found it hard to find an ATM to withdraw cash.

                                  Bitcoin is anti establishment and can be sold as anti China!

                                  Many Chinese people I met are critical of their government officials but have a very optimistic outlook about their country.

                                  China doesn't want an external force creating disharmony, and so must "blockade" against cryptos, until they create an alternative that is inherently Chinese.

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                                    [-]
                                      ·  7 years ago 

                                    China has a long history of uniqueness. You mentioned about weChat. Yes, I know they are obsessed with weChat. Luckily, I have some friends from China. Because of them I use weChat. I hope so. They will create an alternative which somewhat secure for China and Chinese economy.

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                                      [-]
                                        ·  7 years ago 

                                      The Chinese, and foreigners living in China, were very optimistic. They want to learn and improve, regardless of their status level.

                                      They were very much in favour of slowing economic growth for a healthier environment.

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                                        [-]
                                          ·  7 years ago 

                                        I have a plan to visit China. I want to learn the Chinese language. Thank you for your information

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                                          [-]
                                            ·  7 years ago 

                                          It is an extremely diverse place.

                                          Keep off the beaten track. Try back road dumplings. 😉

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                                            [-]
                                              ·  7 years ago 

                                            I have heard a lot about dumplings. may be very tasty

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