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  • Bitcoin is tumbling after Chinese regulators say an exchange ban is certain

    From businessinsider.com

    Bitcoin continued to tumble Thursday, trading down 6.6% to $3634.82 per dollar at 8:13 a.m. ET, after Chinese media reported the country's regulators were moving closer to shutting down exchanges. Reports from Bloomberg and the Wall Street Journal on Monday first indicated that China planned to ban trading of bitcoin and other virtual currencies on its exchanges. According to Bloomberg's Lulu Yilun Chen, China Business News reported that the city of Shanghai has verbally halted bitcoin exchanges. The website Crypto Coins News further cited a local newsletter that said banning bitcoin exchanges was ... (full story)

  •  Guest
  • | IP X.XX.217.209
then black-market will be active for trading these crypto-currencies and wala, the bitcoin price will jump to USd10,000 in less than a year...

good action, please proceed ASAP to close the exchange......
Chart looks a lot like Nasdaq in 2000/01
Quoting Guest
then black-market will be active for trading these crypto-currencies and wala, the bitcoin price will jump to USd10,000 in less than a year... good action, please proceed ASAP to close the exchange......
Chinese citizens are a very significant cause behind the BTC increase. They want to protect their wealth...

If you take (most of) them away, there will be less demand. And the Great Chinese Firewall is not a 2nd-tier university grade's, the time when you get past it with a VPN is gone...
Japan korea and russia provides unlimited demand.. buy ze dip
  •  Guest
  • | IP XX.XXX.178.90
I couldn't agree more. If this hits the black market then if it doesn't go to 10,000 it will at least hit 7,500.
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  •  Guest
  • | IP XX.XXX.92.240
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  • Story Stats
  • Posted: Sep 14, 2017 8:45am
  • Submitted by:
     Newsstand
    Category: Fundamental Analysis
    Comments: 5  /  Views: 2,835