Bitcoin price drops following report that China is going to shut down local exchanges

Discussion in 'Latest News In The Bodybuilding World' started by NavyChief, Sep 9, 2017.

  1. NavyChief

    NavyChief Senior Member

    Sep 26, 2013
    241
    55
    Another day, another crash and another Chinese ban. This time, a single report from financial news site Caixin is saying that the Chinese government is considering banning cryptocurrency exchanges in China.

    In particular, the report is saying that Chinese citizens won’t be able to use exchanges to buy bitcoins, ethers and more using Chinese yuan, and vice versa.

    Cryptocurrencies aren’t banned per se, just exchanges. But do bitcoins have value in China if you can’t exchange them? That’s the main question and the reason why cryptocurrencies are crashing.


    https://www.yahoo.com/finance/news/b...160633553.html
     
    rawdeal likes this.
  2. FlyingDragon

    FlyingDragon VIP Member

    Nov 4, 2010
    2,712
    1,152
    Its up this morning.....
     
  3. rezjzzor084

    rezjzzor084 Senior Member

    Dec 17, 2013
    221
    15
    best wishes for bitcoin - bitcoin meetups always allow you to buy red bull drinks with bitcoin
     
    NavyChief likes this.
  4. FlyingDragon

    FlyingDragon VIP Member

    Nov 4, 2010
    2,712
    1,152
    U only meet up with men that pay in bitcoin?
     
  5. rezjzzor084

    rezjzzor084 Senior Member

    Dec 17, 2013
    221
    15
    no, actually I never met anybody in my life who pays in bitcoin
     

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