China bans bitcoin

finance.jrj.com.cn/tech/2017/09/08211823086220.shtml

>tl;dr: China to completely ban all cryptos

Other urls found in this thread:

twitter.com/luluyilun/status/906163511658557440
m.finance.caixin.com/m/2017-09-08/101142797.html
translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http://finance.jrj.com.cn/tech/2017/09/08211823086220.shtml&edit-text=
asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold
youtube.com/watch?v=SuCshNyBUYs
businessinsider.com/chinas-shadow-banking-sector-is-exploding-in-size-2017-8
twitter.com/NSFWRedditVideo

How many times have they done this now .. and yet it still works

>for the 10th time

Trading at $3700 on Chinese exchanges already. Sugar we're going down!

Of course they're gonna sell at any price they can while they still can.

I hope this time it's for real.

You're really gonna fall for the Chinese meme again?

>expecting the chinamen to observe the law

> EUR/USD -> CNY
> CNY -> BTC
> BTC -> BTC/fiat

profit?

top keks

i like your keks OP but youre larping faggot

can't wait to see the neotard coping that btc ban is gonna help neo

Have fun trying to withdraw from a chinese exchange.

neo is still a thing?

neotards are, and they are obnoxious

...

is this 2013?

kek

lmao, can the chinks take a fucking break already

what the fuck are they doing man

>filthy chinks forced out of Bitcoin
>no more mining monopoly

rofl

Sounds... Wonderful!

yawn.
who else is a comfy bagholder here?

It would probably cause 25% drop and then 200% increase next year

Amazing.

kek this fits perfectly and looks like it's actually from south park

you need chink ID or resident permit to join chink exchanges

> inb4 neo will be the only crypto allowed in China

twitter.com/luluyilun/status/906163511658557440

fake

fcken chinks

Fuck China man, what the fuck is there problem?

I don't wanna seem like a shill but Alts like NEO, ETH, platforms that utilise blockchain technology and are NOT just replacement currencies are likely to gain if this is true.

lmao here it is

Did not expect to see one so fast

This is very clearly fake news but I hope they ban it anyway. All they do is crash the market anyway

hahahaha who the fuck made this OC, this is brilliant

Better buy up that BCH now since it will be the official Chinese approved cryptocurrency

It didn't have to be this way.

If only you had bought their gook btc knock-off.

Really Fuck China... But also Damnit America.. get in this game so it's not so easily swayed by those damn soy fags. We eat meat and have longer dicks. We need a CONUS marketing machine for Crypto the likes of the grate meme war that elected orangegoy

Fuck that and fuck them.

Fuck off NEOgook.

1. China ban bitcoin #9001, rumour started from Caixin ("chinese cnbc"): m.finance.caixin.com/m/2017-09-08/101142797.html

2. JRJ (Chinese fin news) echo'd this also translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http://finance.jrj.com.cn/tech/2017/09/08211823086220.shtml&edit-text=

3. Markets dumped (especially Chinese spot and okex futures)

4. OKCoin and Huobi both say they got no such notice to shutdown as indicated above, and are still operating: twitter.com/luluyilun/status/906163511658557440

FUCK OFF YOU MISINFORMED FUD SPREADING FUCK

I'm wondering if the Caixin article was more just an opinion piece people misinterpreted.

Even if it was just an opinion piece, will anything be enough to save the price from falling further after this huge ass red candle on the 4h? Regardless, the timing is uncanny.

The article is just an outlook of what 7 departments have said so far, and it's something everyone knows:

Bitcoin is uncontrollable.

And this is where the unstoppable Bitcoin meets the unmovable Chinese Securities.

>Inb4 they come up with a way to backtrack every transaction and wallet to the person and destroy the Bitcoin concept

There, I fixed that glitch from the second to the third frame.

fake news
buy the dip

>pic related

if its not against crypto what the fuck is it against

>inb4 chinks gonna chink

.png for better quality

Why

Those exchanges would have been offline yesterday if that's true.
Some whale must have paid for this article to be written because it doesn't add up.

fucking cunts china, I was 73 sats off triggering my sell-limit order then this shit happens and now I have to wait 5 odd days for it to happen.

Thanks Chinese reporter for your fakenews. Now, excuse me while I BTFD.

>.png for better quality
>converting jpg compression into png resulting in no quality difference at all only 3MB increase in file size
don't do this

this has been around for years you newfags

its to make sure the govt gets control of the markets, china doesnt want to invest in bitcoin only to see it crash because muh free market

Nah, it's because they are going to fuck the dollar and need to rein in the yuan flowing out of the country.

www.google.com/amp/s/asia.nikkei.com/amp/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

The Chinese want to kill the Petrodollar to make the Yuan the major currency for business in the world. They don't like parallel currencies in their country and they surely don't want Bitcoin to become stronger. That's why they kill crypto.

Game over.

Oh, also buy gold. The Chinese back the Yuan by gold, so they have to buy gold to have inflation. Without inflation their economy is kill. Gold will only go up in the next ten years.

this. China doesn't see a need for crypto currencies like btc and ltc, etc. for obvious reasons, since that would weaken their own currency. BUT they don't have a problem with platform coins like NEO, which just create more investment opportunities.

guys you have to admit it's pretty fucking hilarious that 1 fake news article written in chinese crashed the whole fucking crypto market

Neo is supported by china now!

youtube.com/watch?v=SuCshNyBUYs

Here's some chinese dude explaining what's happening in China relating to cryptos:
youtube.com/watch?v=SuCshNyBUYs

>Veeky Forums: muh SEC >Americans will destroy bitcoin
>china destroys bitcoin
pottery

China will also cause the next financial crisis:
businessinsider.com/chinas-shadow-banking-sector-is-exploding-in-size-2017-8

Medium sized if true