Okay, so how does china banning crypto affect everything? Is

>>3393313
It doesn't matter. China is just flopping their babby cocks around to show they can manipulate the market.

Once the chinks gobble up their fill of cheap coins, the """ban""" Wil disappear

They aren't banning cryptos. It's FUD. They're only banning ICOs. This is actually good for the health of the crypto economy. There was way too many fake ICOs. Wish the ban was worldwide or ICOs acutally got properly regulated.

>>3393313
Hasn't it just been confirmed that the china ban was a hoax?

Best case they actually do ban it and enforce the law shutting down all chinese miners.
More realistic is >>3393335

>>3393313

IT'S FAKE NEWS

The FUD was probably caused by Chinese whales. Bitcoin is too expensive to pump and dump. Paying a reporter to post fake news is relatively cheap.

>>3393415
>Bitcoin is too expensive to pump and dump
You greatly underestimate the type of money that is entering the market right now. You don't need to have anything near a coins marketcap to push it around you just need to have about the daily volume of a major exchange (~$200m).

>>3393466
idk man, sometime it seems like 1 btc is enough to turn something around...

>>3393466
I didn't mean undoable. Just that there are cheaper ways to manipulate it.

>>3393466
i was talking altcoins btw...