China bans bitcoin

How many times have they done this now .. and yet it still works

>>3392628
>for the 10th time

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Trading at $3700 on Chinese exchanges already. Sugar we're going down!

>>3392660
Of course they're gonna sell at any price they can while they still can.

I hope this time it's for real.

>>3392628
You're really gonna fall for the Chinese meme again?

>expecting the chinamen to observe the law

> EUR/USD -> CNY
> CNY -> BTC
> BTC -> BTC/fiat

profit?

top keks

i like your keks OP but youre larping faggot

>>3392628
can't wait to see the neotard coping that btc ban is gonna help neo

>>3392777
Have fun trying to withdraw from a chinese exchange.

>>3392789
neo is still a thing?

>>3392798
neotards are, and they are obnoxious

>>3392628
is this 2013?

>>3392830

kek

lmao, can the chinks take a fucking break already

what the fuck are they doing man

>filthy chinks forced out of Bitcoin
>no more mining monopoly

>>3392830
rofl

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>>3392872
Sounds... Wonderful!

>>3392628
yawn.
who else is a comfy bagholder here?

It would probably cause 25% drop and then 200% increase next year

>>3392830
Amazing.

>>3392830
kek this fits perfectly and looks like it's actually from south park

>>3392777
you need chink ID or resident permit to join chink exchanges

> inb4 neo will be the only crypto allowed in China

>>3392628
>>3392628
https://twitter.com/luluyilun/status/906163511658557440

fake

>>3392919
fcken chinks

>>3392628
Fuck China man, what the fuck is there problem?

>>3392940
I don't wanna seem like a shill but Alts like NEO, ETH, platforms that utilise blockchain technology and are NOT just replacement currencies are likely to gain if this is true.

>>3392789
>>3392798
>>3392813

lmao here it is

>>3392940

Did not expect to see one so fast

>>3392628
This is very clearly fake news but I hope they ban it anyway. All they do is crash the market anyway

>>3392830
hahahaha who the fuck made this OC, this is brilliant

Better buy up that BCH now since it will be the official Chinese approved cryptocurrency

It didn't have to be this way.

If only you had bought their gook btc knock-off.

Really Fuck China... But also Damnit America.. get in this game so it's not so easily swayed by those damn soy fags. We eat meat and have longer dicks. We need a CONUS marketing machine for Crypto the likes of the grate meme war that elected orangegoy

>>3392994
Fuck that and fuck them.

>>3392976
Fuck off NEOgook.

>>3392628

1. China ban bitcoin #9001, rumour started from Caixin ("chinese cnbc"): http://m.finance.caixin.com/m/2017-09-08/101142797.html

2. JRJ (Chinese fin news) echo'd this also https://translate.google.com/translate?sl=auto&tl=en&js=y&prev=_t&hl=en&ie=UTF-8&u=http%3A%2F%2Ffinance.jrj.com.cn%2Ftech%2F2017%2F09%2F08211823086220.shtml&edit-text=

3. Markets dumped (especially Chinese spot and okex futures)

4. OKCoin and Huobi both say they got no such notice to shutdown as indicated above, and are still operating: https://twitter.com/luluyilun/status/906163511658557440

FUCK OFF YOU MISINFORMED FUD SPREADING FUCK

>>3393083
I'm wondering if the Caixin article was more just an opinion piece people misinterpreted.

>>3393097
Even if it was just an opinion piece, will anything be enough to save the price from falling further after this huge ass red candle on the 4h? Regardless, the timing is uncanny.

>>3392628

The article is just an outlook of what 7 departments have said so far, and it's something everyone knows:

Bitcoin is uncontrollable.

And this is where the unstoppable Bitcoin meets the unmovable Chinese Securities.

>Inb4 they come up with a way to backtrack every transaction and wallet to the person and destroy the Bitcoin concept

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>>3392830
There, I fixed that glitch from the second to the third frame.

fake news
buy the dip

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>pic related

>>3393219
if its not against crypto what the fuck is it against

>inb4 chinks gonna chink

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>>3393198
.png for better quality

Why

>>3393219
Those exchanges would have been offline yesterday if that's true.
Some whale must have paid for this article to be written because it doesn't add up.

fucking cunts china, I was 73 sats off triggering my sell-limit order then this shit happens and now I have to wait 5 odd days for it to happen.

>>3392628
Thanks Chinese reporter for your fakenews. Now, excuse me while I BTFD.

>>3393238
>.png for better quality
>converting jpg compression into png resulting in no quality difference at all only 3MB increase in file size
don't do this

>>3392993
this has been around for years you newfags

>>3393233

its to make sure the govt gets control of the markets, china doesnt want to invest in bitcoin only to see it crash because muh free market

>>3394371
Nah, it's because they are going to fuck the dollar and need to rein in the yuan flowing out of the country.

www.google.com/amp/s/asia.nikkei.com/amp/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

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>>3393233

https://asia.nikkei.com/Markets/Commodities/China-sees-new-world-order-with-oil-benchmark-backed-by-gold

The Chinese want to kill the Petrodollar to make the Yuan the major currency for business in the world. They don't like parallel currencies in their country and they surely don't want Bitcoin to become stronger. That's why they kill crypto.

Game over.

>>3394408

Oh, also buy gold. The Chinese back the Yuan by gold, so they have to buy gold to have inflation. Without inflation their economy is kill. Gold will only go up in the next ten years.

>>3392976
this. China doesn't see a need for crypto currencies like btc and ltc, etc. for obvious reasons, since that would weaken their own currency. BUT they don't have a problem with platform coins like NEO, which just create more investment opportunities.

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guys you have to admit it's pretty fucking hilarious that 1 fake news article written in chinese crashed the whole fucking crypto market

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Neo is supported by china now!

https://www.youtube.com/watch?v=SuCshNyBUYs

Here's some chinese dude explaining what's happening in China relating to cryptos:
https://www.youtube.com/watch?v=SuCshNyBUYs

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>/biz/: muh SEC >Americans will destroy bitcoin
>china destroys bitcoin
pottery

>>3394633
China will also cause the next financial crisis:
http://www.businessinsider.com/chinas-shadow-banking-sector-is-exploding-in-size-2017-8

>>3394588
Medium sized if true