BTCC will suspend trading on the 30th of September

in #bitcoin7 years ago

Seems like Charlie Lee was right, Chinese exchanges will stop trading soon. BTCC will suspend all trading on the 30th of September. They referenced the ICO ban but haven't referenced any new announcements for the closure.

https://twitter.com/YourBTCC/status/908285586368167936

Sort:  

It will be interesting to see which chinese exchanges are not closing trading.

wooooow

I am crying tears of blood looking at the prices of all crypto currencies and this post :'(

could be worse, not to ride your coat tails (i did post minutes before this wonderful post), but i just posted this reassurance. You might like it. fear not.

https://steemit.com/cryptocurrency/@solarguy/advice-for-rookies-and-pro-s-why-you-need-not-worry-about-china-s-crack-down-on-ico-s-and-why-it-s-a-great-thing

It does fit with the post you just posted.

When 30 September comes they will say we have delayed/solved it . Then they will sell all bitcoins which they bought from 3000 for 5000.

If China bans something, it probably is a good investment.
I think this ban will be of temporary nature and slowly transition into official financial regulation of digital currencies.

Almost Everything on the market is in the red with this news. It's great for those not already in because they can buy during the dip.

Could this mean that other exchanges will also stop trading before 30 sept. So the FUD will stop around the same date. I just really want the market to move on without China.

Also, China tried to ban trading back in February. Will this time be the same thing, or are we speaking of a harder ban (no under the counter trading)

I love your post sir,upvoted you sir.
@honeysingh

YourBTCC BTCC tweeted @ 14 Sep 2017 - 11:05 UTC

1/ After carefully considering the announcement published by Chinese regulators on 09/04, BTCChina Exchange will stop all trading on 09/30.

Disclaimer: I am just a bot trying to be helpful.

Coin Marketplace

STEEM 0.15
TRX 0.16
JST 0.028
BTC 68160.40
ETH 2442.97
USDT 1.00
SBD 2.37