More / Bitcoin Reddit - 3 years ago

China's "Bitcoin Ban" Is Fake News at Its Finest. What’s actually happening here is an attempt from China to discredit the top cryptos while bolstering the digital yuan, which has thus far been an unmitigated disaster. HOLD your cryptos. Don’t fall China’

submitted by /u/SmartInvestor786 [link] [comments]

by COINS NEWS - 3 years ago

If China cracks down on miners, miners in other countries will just pick up mining....mining slack will be picked up by other miners and BTC will probably become more decentralized.

I'm not sure why this would cause such a crash ????????. I'm not one of those people put out posts urging everyone to hold during crashes or to buy the dip. There is such thing as negative news and times you should sell. I'm just saying t...

Cryptocoins Exchanges / Binance - 3 years ago

Breaking news: Bitcoin bans China

submitted by /u/enacolada [link] [comments]

More / Bitcoin Reddit - 3 years ago

China FUD is bullish for Bitcoin!

What ppl don’t understand is that ppl who care about Bitcoin and the planet _want_ China to ban bitcoin mining. Eliminates (outside) risk factor, decarbonizes BTC, decentralizes HR, ++ margins for clean US based miners. Bitcoin bad, China controls Mi...

by COINS NEWS - 3 years ago

China recycles another old regulation for the second time this week, this time in regards to mining. Looks like this is their way of preparing for the release of the Digital Yuan... Don't fall for the FUD.

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by COINS NEWS - 3 years ago

China is repeatedly attempting to FUD crypto because Digital Yuan has been a total disaster. HODL on and we'll get through this.

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Cryptocoins Exchanges / Binance - 3 years ago

1 more FUD came again and BTC started crashing The State Council of China: Crack down on Bitcoin mining and trading, and prevent individual risks transmitted to the social field.

submitted by /u/JoinUpp [link] [comments]

More / Bitcoin Reddit - 3 years ago

Elon Musk or China is not a problem with bitcoin or other strong cryptocurrencies

I said it before. Elon Musk or China is not a problem with bitcoin or other strong cryptocurrencies. People worry too much; they sell, the price drops. But these are all temporary news. The value of bitcoin is still there. Right. submitted by...

More / Etherum Reddit - 3 years ago

Did we just get screwed ? Yesterday they said China banned crypto Today they say China didn't ban crypto? https://www.reuters.com/article/us-crypto-currency-china-idUSKCN2D11MI

submitted by /u/DerekZ1985 [link] [comments]

Cryptocoins News / The Cointelegraph ​ - 3 years ago

Stocks, China and the dollar: 3 reasons why Bitcoin price is tanking below $40K

$39,000 may seem unfairly cheap for Bitcoin, but there is likely more keeping it there than just Elon Musk. Bitcoin (BTC) has hit its lowest price since Feb. 8 and is...

Cryptocoins Exchanges / Binance - 3 years ago

Food for thought. This from a Reuters article referencing the China ban. We will be okay

submitted by /u/EconomyListen [link] [comments]

More / Bitcoin Reddit - 3 years ago

In all seriousness, how many times has China banned BTC by now? 30, 40, 50 times?

Serious question. I got to thinking and realized that I've heard the same story for the past 5 years (when I first entered the crypto world). Every month it's the same story: As sure as the sun will rise tomorrow, China has banned BTC. Again...

by COINS NEWS - 3 years ago

WARNING - The News of China banning Crypto is MISLEADING

Be careful about misleading news of China banning cryptos. It's just reuters manipulates the market. From Qiao Wang's twitter; 3 dumb things happened within the last hour: 1-Reuters writing a misleading article on China banning 2-People re...

More / Bitcoin Reddit - 3 years ago

Here comes "China bans Crypto" FUD

✔️ Elon FUD ✔️ Binance FUD. ✔️ CNBC calling for $29k And now we are back to - surprise - the good old “China is banning Crypto “ FUD again ???? China banned Crypto 5376x since I joined Crypto. And we still here. Don't panic. submitted by...

by COINS NEWS - 3 years ago

New China FUD is just fake news from Reuters. A ban already existed. Chinese association is just re-iterating their stance.

China has already banned financial institutions from Bitcoin/crypto years ago. Now their industry association is just re-iterating their stance and that there is no change to the status quo. Yet fake news websites like Reuters spew up stories that co...

by COINS NEWS - 3 years ago

China did NOT ban institutions/firms from crypto payments. This FUD news is misleading and wrong!

They didn't and can't ban anything. Those associations just issued a document, basically giving their own opinion. This FUD news is misleading and translated incorrectly. ​ Read (or translate) #2 there: https://mp.weixin.qq.com/s/Zpl0M...

by COINS NEWS - 3 years ago

China has banned financial institutions and payment companies from providing services related to cryptocurrency transactions, and warned investors against speculative crypto trading

"Recently, crypto currency prices have skyrocketed and plummeted, and speculative trading of cryptocurrency has rebounded, seriously infringing on the safety of people's property and disrupting the normal economic and financial order,"...

by COINS NEWS - 3 years ago

“The Big Short” investor Michael Burry suggested Tesla bought bitcoin to distract from regulatory issues in China

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More / Bitcoin Reddit - 3 years ago

Pierre Rochard: “Bitcoin mining hashrate in China is purely commercial and not a result of the Chinese Communist Party’s geopolitical strategy. The CCP has actually sought to ban Bitcoin exchanges and mining, not promote either.”

submitted by /u/SpringSprung33 [link] [comments]