rooster59 Posted September 10, 2017 Share Posted September 10, 2017 China bitcoin exchanges awaiting clarification on closure report FILE PHOTO: A Bitcoin (virtual currency) coin is seen in an illustration picture taken at La Maison du Bitcoin in Paris, France, June 23, 2017. REUTERS/Benoit Tessier/Illustration/File Photo BEIJING (Reuters) - China's Bitcoin exchanges said on Saturday they are still awaiting clarification from the authorities on a media report that they will be shut down. Bitcoin fell sharply on Friday after Chinese financial publication Caixin reported that China was planning to shut down local crypto-currency exchanges, although analysts said this was just a temporary setback. The news follows China's move earlier this week to ban so-called "initial coin offerings," or the practice of creating and selling digital currencies or tokens to investors in order to finance start-up projects. Reuters was not immediately able to verify the report. A spokeswoman for Beijing-based OK Coin said the platform has not received any notification from regulators. Spokespersons at Beijing-based Huobi and Shanghai-based BTCC said they were still waiting for further official clarification. -- © Copyright Reuters 2017-09-10 Link to comment Share on other sites More sharing options...
Topdoc Posted September 10, 2017 Share Posted September 10, 2017 Was $5,000 the top? Link to comment Share on other sites More sharing options...
phycokiller Posted September 10, 2017 Share Posted September 10, 2017 markets are pretty similar to elections, easy to manipulate with fake news Link to comment Share on other sites More sharing options...
speedtripler Posted September 12, 2017 Share Posted September 12, 2017 On 10/09/2017 at 9:35 AM, Topdoc said: Was $5,000 the top? Yes, clear market manipulation by the big fish It's happened at every milestone since $10 Corrupt Chinese officials will revoke the panic when they have bought enough and then the price will rise to new highs ( as has already happened several times this year) Link to comment Share on other sites More sharing options...
phycokiller Posted September 12, 2017 Share Posted September 12, 2017 still no confirmation of this news, none of the major exchanges in China have been ordered to stop or heard anything from the government, as yet anyway Link to comment Share on other sites More sharing options...
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