Fuck china

"action may be taken" not the same as the fake news
twitter.com/coindesk/status/906224061554057216
twitter.com/PDChina/status/906192652521148416

fake news by a bunch of twitter faggots and exchanges? No.

Why civic?

would have bought this dib so hard if I didn't buy with all that I had in the last dib...

I'm sorry I don't use that retarded website I didn't realise that was an official thing. Looks like a clickbait title. I just heard that the news that has filtered over to burgerland is a misinterpretation of what is actually happening.

It's about closing exchanges.

>t. guy who has no idea why the 2013 crash happened

Identify verification to see if you are an illegal chink participant, an USA looser or an free human who can pay for whatever he wants.

Fuck communist china

viabtc ceo confirms it.
stfu retard, a multitude of factors came into play last time including the china ban. It's the same fucking story this time. China bans shit, exchange going awol (probably mt. polo this time), spoofing up the btc price (tether instead of willy bot). ICO regulations/Gov't coming to rape half the market. It's literally the exact same shit as 2013.

If your not in the US your not free buddy. Your a third worlder

Fuck china. We'll go to the moon without them.

>an USA looser
>an
>looser

now it's real again
LMAO

no we wont nigger, most of the bitcoin mining operation is in china.
If they legit ban it, hashpower for btc mining goes bye bye.

so Binance finished then?

unnecessary. no company is going to go to such an effort to keep chinks away because if they allow them to participate the fault/blame is on the chink themselves. unnecessary overhead and a barrier to entry most ICOs dont want to have.

not to mention the civic token only has value when there are multiple large companies that verify your identity on civic, and i dont see the reason why a company that would do such a thing would integrate into the civic platform if they have the ability to do the verification themselves.

It was never ruled fake besides a small group of circle jerking faggots on twitter.

the only people who said it was fake were desperate twitter faggots. The CEO of viabtc said it was fucking real and twitter fags just said "i dont believe you" to save their fucking bags.

I don't want to sell my IOC god damnit.

LOL you serious?
Whole world is laughing about the "free" people of USA

Binance is in Hong Kong

lol no. chinkies getting told to get the fuck out is the most bullish thing for bitcoin right now. they've been stalling progress for years and single handedly created the huge alt explosion because bitcoin was stagnating.

do some analysis before posting your feelings on the internet like a angsty teenager.

DOWN WE GO

So now the little guys can get in on some mining action. Booyah baby!

Goood...gooooooooooooood.
Excellent.
Ripple is going to take over BTC.

delusional fucking retard. Look at the fucking price right now to see whose right about this being good or bad for BTC. There is no fucking debate.
No hashpower= no tx=no bitcoin.

nobody knows wtf is going on right now, so stop acting like you do lol

This.

53%ers btfo

...

>china is what, 20% of the market?

MUCH more than 20%, just look into the number of chinese/mongolian miners there are you idiot

Market hasnt come close to pricing in this move by the Chinese government

BTC will hit 3k

Does anyone know if this will harm the ETH/BTC pairing? Shouldn't make a difference right? I'm new to buttcoin trading, I have mainly just mined about 400mBTC passively over the last year or so and not really actively bought coins as it is semi-difficult here in the UK.

you dumb nigger the CEO of a major exchange fucking confirmed it, how much fucking more do you want?
the fucking president personally coming up to you and telling you to sell?

What? It's a piece of piss buying coins here in the UK

All memes aside, you really should sell now. The dump when chinks wake up will probably be the biggest in the last 6 months.

>Veeky Forums suddenly trusts the chinks and everything the say.

Do you think us white boys should get in on mining or am I better off just purchasing coin

you clearly dont even understand how bitcoin works then. hash power follows price, not the other way around. price fluctuations are based on uncertainty. if the little chinkys arent allowed to buy bitcoin with their play money then thats one income source for bitcoin gone, which would temporarily reduce buying pressure causing the price to drop, same with hash power, but thats a non-issue because it just makes it profitable elsewhere to mine, which is incredibly bullish given the last thing crypto needs is more china.

do your research and stop crying.

Pajeet detected

Lets hope trump nukes china while he's doing nk

china has been lagging the whole way up. the money is in the rest of asia right now. china has been losing relevance for years now, and fake or not, most people have already stopped giving a fuck about what comes out of china unless they're thinking about a very short sighted day-trader point of view.

holy shit you're fucking stupid, this isn't an optional fucking switch of hashpower; if they fucking ban bitcoin the hashpower is GONE because it will be ILLEGAL to fucking mine. Where the fuck is the hashpower going to go if China BANS crypto?? How the fuck is hashpower going to follow price when its GONE?
You're parroting what people said about the btc to bcash hashpower games you stupid fuck, why don't you apply some context? What the actual fuck is wrong with you?

2K incominggggggggggggggg

Just fucking chill, it's fake news.

if china becomes a no-miner zone then there will be increased mining elsewhere

I believe that was his point

>some random faggots on twitter vs the CEO of an exchange getting banned
hmm, better trust some random fags?

nah SELL EVERYTHING NOW

no, why would you think that? do those shitskins hate the chinks too? is it part of that inferior people always hate on other inferior people psychology?

read the whitepaper dude, seriously. you have a deep misunderstading about the way bitcoin works.

The restrictions on outside investment and the fact that China has continued to outperform the rest of asia this year means that I'm willing to bet they are awash with Cash and a hell of a lot it has gone into Bitcoin

there are miners outside of china too and there will be a fuckton more when the chinese are taken off the grid. maybe this is even a chance for america to become great again.

Bro let me tell you... As an American, the US is turning into a third world shit hole.

I am looking for crypto influencers, write me.

livebitcoinnews.com/china-not-suspending-cryptocurrency-exchange-activity/

>53%

As someone who went from a third world shithole to the US... lolno

> Chinese state media reports it
> Better trust a bitcoin news website

here we goooooooooooooooooooooooooooooooooooooooooooooooo
AAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHH

this article sources twitter circlejerk and says that the CEO of exchanges are the ones spread fake news, and selectively chooses two exchanges that say they did not receive info on the ban to say the ban is fake news
Fucking trash article.

>Chinese state media
uhm... no.

What do you use? I've only seen localbuttcoins that doesn't encounter the issue of foreign banks and all the dickwork that comes with it.

fake but keep selling cause it makes me money

WHOS THE FAKE NEWS

they have, but its been a steadily decreasing % of new money for a long time now, not to mention most of the big money has been via OTC trades not on exchanges, and the kind of people with that much money don't care about breaking a few rules to get their money out of china.

america, japan has some investments in it, iceland might be good too. there are hundreds more possibilities if china is taken out of the picture and the difficulty adjusts itself back to the market rate. and you can be sure companies and individuals won't have any problem mining at a loss for 2 weeks to protect their investment.

uhm... yes.

en.wikipedia.org/wiki/People's_Daily

BTC EXCHANGES NOT BANNED
pbc.gov.cn/english/130721/3377816/index.html

lol that terribly written trash has only convinced me more that this is really happening.

It's gonna be a wild night guys. I mean this from the bottom of my heart : Sell now. This isn't a fucking joke or FUD. You can still get out before the main event. See it as an opportunity. You'll finally get to buy low.

can you not buy coins in person in the UK? you can do that here and its the easiest way if you just want a small to medium amount.

This doesn't mention bitcoin at all except for funding ICOS

exactly

personally i think this is great news.
This is the perfect reason why decentralized exchanges are needed
Hell this is the perfect reason why decentralization is a necessity for the future. Everything should be decentralized,from currencies right down to fucking storage services.

If bitcoin goes into a nightmare bearmode perfect.Use it as a buying op.Hell if america bans crypto id sell my mom to buy some crypto.

There are some bitcoin atm's but they are normally wildly above market price and the nearest one is about an hour and a half away for me. I'm looking to buy £1.5-3k BTC in December and the best way I've currently seen is to use an escrow service (localbitcoins).

?????????????????? DID YOU EVEN READ IT???
>From the date of release of this Notice, any so-called platform that provide trading and exchange services for coin offering shall not engage in exchange businesses between legal tender and token or “virtual currency”; or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.

>he financial regulatory authorities will notify the administrative department in charge of telecommunications to adopt measures such as shutting down its website platform
THIS JUST CONFIRMS THE FUCKING BAN

I don't understand was that supposed to be about bitcoin?

nothing new in there that wasnt announced at the initial "icos are banned" news.

Just use coinbase to fund your wallet and transfer the funds onto gdax. Could not be more simple to get coins in the UK.

It's for ICOs dumbass

>3395696
difficulty will go down- good thing isn't it? russia will do it then

>any so-called platform that provide trading and exchange services for coin offering
>coin offering
This is talking about ICOs you dip. You think that the bank of china would just drop a statement like this regarding all crypto exchanges and demand immediate action without some sort of warning/preparation period? This is just a finalization of the ICO ban.

coin offering = ICO =! BTC

bro your reading comprehension throughout this entire thread has been something special.

>or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.
>or engage in proprietary trading activities or trading as an central counterparty of tokens or “virtual currencies”; or provide pricing services or act as information intermediary for tokens or “virtual currencies”.
>or “virtual currencies”.
>or
>or
>or
virtual currencies defined earlier in the paper
>virtual currencies such as Bitcoin or Ethereum

Just sold my precious IOC. Fuck this world.

Dont worry little guys. I'll come back for you when this is all over.

means BTC - ICO trading pairs not BTC - CNY

Difficulty adjusts, shitstain. Chinks are cancer in everything they touch and Bitcoin is no different.
Short period of turbulence in exchange for a healthier environment later on.

>and demand immediate action without some sort of warning/preparation period?
that's literally exactly what the ICO ban is.

>yfw you have no idea who is fake newsing who anymore

> It's literally the exact same shit as 2013.
or maybe it's just another weekend dip.

It doesn't really matter because I'm buying at ~3000 either way.

no shit. see you in 2 years when people start mining again.

market isn't really even reacting to this "confirmed news", no-one cares of china bans anymore.