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+--- Thread: CHINA BAN CRYPTO (/Thread-CHINA-BAN-CRYPTO)
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CHINA BAN CRYPTO - fsociety - 05-19-2021
https://www.livemint.com/news/world/china-bans-financial-payment-institutions-from-cryptocurrency-business-11621345322383.html
RE: CHINA BAN CRYPTO - mothered - 05-19-2021
Here's another article detailing the ban and Bitcoin's value under 41k.
https://stockhead.com.au/cryptocurrency/bitcoin-slides-under-us41000-on-china-ban-btc-dominance-falls-under-40pc/
RE: CHINA BAN CRYPTO - HackingRealm - 05-19-2021
That's why crypto market dropped today right?
RE: CHINA BAN CRYPTO - Oni - 05-19-2021
Between China and Elon, seems like the perfect storm.
RE: CHINA BAN CRYPTO - Severun - 05-19-2021
Should we expect GPU flood on secondary market?
RE: CHINA BAN CRYPTO - Oni - 05-19-2021
(05-19-2021, 03:08 PM)Oni Wrote: Between China and Elon, seems like the perfect storm.
On this note, I'd wonder if China is engaging in manipulation as well.
They'd gone from calling it an "investment alternative":
https://www.cnbc.com/2021/04/19/china-calls-bitcoin-an-investment-alternative-marking-shift-in-tone.html
To banned entirely:
https://www.reuters.com/technology/chinese-financial-payment-bodies-barred-cryptocurrency-business-2021-05-18/
RE: CHINA BAN CRYPTO - Spooky - 05-19-2021
wow this is purely market manipulation. you can not tell me china didnt have a lot of mining rigs while it was at an all time high. cashed out and called everyone else a piece of shit for doing it . unbelievable.
RE: CHINA BAN CRYPTO - hacxx - 05-19-2021
Hitting $38000 while i'm posting this comment.
RE: CHINA BAN CRYPTO - Oni - 05-19-2021
(05-19-2021, 07:24 PM)demonboy Wrote: wow this is purely market manipulation. you can not tell me china didnt have a lot of mining rigs while it was at an all time high. cashed out and called everyone else a piece of shit for doing it . unbelievable.
Well, and they're responsible for a majority of the pollution that Elon suddenly found out about.
RE: CHINA BAN CRYPTO - fritz - 05-19-2021
(05-19-2021, 03:48 PM)Severun Wrote: Should we expect GPU flood on secondary market?That would be some great news !