we're fucked

I don't know what you're talking about but the exchanges in China are still processing fiat. I still functioning as normal waiting on more news from the government

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If only there were some way, some protocol, that could not be shut down...

Fucking good. Long term, they won't be missed. There is enough liquidity out there wanting btc without having to rely on stinking chinks.

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>I-I-I-IT'S JUST FUD

>>3405987
you stupid retard PBOC just released their statement yesterday
>>3405992
are you dumb
how the fuck are you going to get FIAT onto there?

>>3405992
You can't trade fiat on 0x you retard.

>>3405992
centralized exchanges will ALWAYS be required for a fiat gateway
like, I don't understand how the fuck people shilling dex's don't fucking understand this, as if they will overcome all government regulation
you cannot get fiat onto the blockchain you fucking chimps

>>3405977
better question - how is this not a GOOD thing? kicking out the Chinese that literally flip the script on a dime by deciding something is illegal and tanking the market every few minutes is a bad thing?

> caring what happens to socialist shithole when it finally stops playing pretend

Go ahead, sell your BTC, id like to buy some more cheap.

>>3406018
because all of their fucking money is going with them you stupid fucking nigger
they will panic sell the SHIT out of everything
for 90% of us without more funds, we are going to be bagholding for a VERY long time as the market recovers
they WILL sell. If they cannot get fiat from crypto, it's fucking monopoly money to them, literally fucking worthless. Don't you fucktards understand?

>>3406016
>he didn't read the OMG white paper

kek

most exchanges are like bittrex and don't process fiat at all, idiots

>>3406016
Local meetups, it's a shit fix but even if fiat is fully banned it will be possible. That being said, expect a bear market for a few months

>>3405992
Um... until we get decentralized banks 0x won't help. The issue is that China is stopping fiat from coming in? What does a decentralized exchange matter if you can't move money onto it from your bank account?

>>3406030
a minor inconvenience that will do nothing but make the market more healthy in the long run

>>3406037
yeah no shit they can still do it, the problem is that the majority will NOT.
>>3406041
yeah have fun bagholding for 3 fucking years

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I wonder if theres a plasma platform out there which also accepts FIAT?

>>3406059
you stupid nigger, fiat to crypto is BANNED in china, it doesn't matter if theres a new fucking platform for it, are you that fucking retarded??? holy shit

>>3406069
>Being this retarded

>>3406051
I agree, we are heading for a bear market. Anyone who disagrees is a total fucking moron. Compounded with Russia and S.Korea proposing very similar things... If you're up cash out

>>3406072
fucking hopeless moron.
>china will surely make an except for omg!!
holy fuck omisetards are worse than digitards

Jihan is gonna see a boost in sales of miners now. Fuck your fiat if you want fuck.

Chinks are gonna mine even harder now.

>Get fiat
>Buy miners
>Sell crypto to other chinks for inflated fiat prices who can't/won't mine

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> OP being this retarded and hysterical
> calls other retards for not panicking at his non-revelation

too good

sell if you're so convinced.

>>3406032
no shit, they are not payment gateways
like, do you think money just never fucking comes in from exchanges that do accept fiat? wtf is wrong with you?
the marketcap CANNOT grow without MORE fiat coming in

>>3406101
sick argument, well written really.
stupid nigger just burying his head in the sand hoping everything will be ok
jesus fuck

>>3405977
I hope this is real, fuck China we can just hope they get out of crypto as fast as possible. sure shortterm it is gonna be a big hit but longterm it can only be a good thing. all major problems were brought up by them, they are sabotaging this at every step of the way. we can only hope they ban it.

>>3405977

This aint that bad. Theyre just regulating it so that you cant trade if you havent verified your identity probably.

>>3406115
Lmao get fucked poorfag

>>3406149
you're going to need to reread the quote.
>legal tender to crypto will not be allowed
I have no fucking idea how you misread it so badly.

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>>3406037
Localbtc is half feds and they will raid you, take every computer and phone you have, and gag order you so you can't even tell anyone. I'm not lying.

>>3406195
Source?

((sources))

Get this cnn tier news out of here

>>3406191
Then sell you ape brained poorfag.

>>3406191
You'll see. They're nationalizing the BTC industry, China loves state industries and this has the potential to be a major one. But people like you lack vision.

>>3405977
Fuck the chinks. They're not as crucial to crypto as you think

IF that's true OP then yes, it will crash. But we still haven't gotten any confirmation yet.

Who cares the US controls the game China is overrated and prob only like %10 of market cap

>>3406233
>noone is allowed to buy btc anymore. you can have it, but you cannot buy it or sell it for real money
>c-china nationalizing btc guys!!
bait/10.

>>3406261
why the fuck do you retards act like china isn't a big deal?
you realize bitcoin mining is centralized in china right? like, holy shit. they OWN bitcoin.

>>3406191

Im dyslexic and mainly focused on the highlighted text - and my english aint my mother tongue. Yeah I see now, its bad, but it still highlights that this is only meant to target unauthorized trading.

FUD is real right now, you guys have any idea where I can find the news first about how this is really going to turnout?

are you the same challenged individual that misunderstood the announcement yesterday OP?

if you didn't listen to any of the people telling you why you don't understand what's going on then, you should probably just sell all of your shit and get out of this market for good.

this stuff is clearly way over your head.

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https://www.reuters.com/article/us-bitcoin-china/bitcoin-tumbles-on-report-china-to-shutter-digital-currency-exchanges-idUSKCN1BJ1US

Stop fearmongering retard
OP if I knew who you were I'd really kick your teeth in right now

Rumours of FUD

God i love it

>>3406032
Name 5 chinese exchanges without fiat pairs or stfu.

>people still care about China
The best thing they could do is ban all crypto, then they would be out of the market and their constant bullshit would stop.

>>3406289
>https://www.reuters.com/article/us-bitcoin-china/bitcoin-tumbles-on-report-china-to-shutter-digital-currency-exchanges-idUSKCN1BJ1US

That's from yesterday, this is the most recent article from Reuters on the subject.

https://www.reuters.com/article/us-bitcoin-china/china-bitcoin-exchanges-awaiting-clarification-on-closure-report-idUSKCN1BK05K

Stop trying to pretend anyone has a clue what's going on.

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>>3406270
Nope

>>3406289
you wouldn't do shit you illiterate bitch, I slap the shit out of you with your own fucking hand and you'd beg for more
your trash article is literally fucking nothing. Literally just the exchanges going "we haven't heard anything new yet" and everyone going "omg fud fake!!!!!".
Not a single one of these exchanges knew about the ICO ban until PBOC announced it to the world, now did they?

>>3406362
who's the illiterate bitch here talking about slapping... baka
Gullible retards like you always claim the world's about to end when some fake news pops up - you're pathetic

>>3406083
Not the sane guy but you have no idea how OMG works you idiot. His point is not that the government is going to make an exception. His point is that OMG solves this problem.
Read the whitepaper and Jun's blog retard.

>>3406396
Retards like you deserve to get burned. It would be so easy to just stay in tether for the next few days until the news is officially confirmed/debunked. Your odds of missing out on a massive pump would be slim if you paid attention.

On the other hand, you'd have virtually no chance of avoiding the flash crash that will happen if this turns out to be true. You sound like a delusional redditor desu.

>>3406030
>If they cannot get fiat from crypto,
they can get it in another country

>>3406445
Not my fault you're a gullible pussy
Stay poor

>>3406482
It's rather be a "pussy" than be a blind hodl faggot who bases his financial decisions on memes. Enjoy tomorrow.

When the NSA shills start fighting the CIA shills. The thread

>>3405977
>targets unauthorized trading at virtual currency exchanges

Chinese not being able to trade cryptos is good !1!11!!!

>>3405977

You fucking dumb inbred bunch of ugly motherfuckers, read much?
What this guy is saying is that FIAT gateways will continue to exist, also in China!
The only thing that will change is that government will want to have very detailed Know Your Customer (KYC) information.

Djeeses fucking christ, how dumb are you? Go fucking kill your parents as they obviously abused you as a child

>>3406674
I don't give a shit what the moron in the tweet is saying, he's fucking delusional, noone thought china was banning bitcoin
they are CLEARLY banning fiat gateways you stupid nignog pajeet street shitting ass licking faggot.Your mom never loved you.

>>3406689

False, FIAT gateways will not get banned... for fuck sake, learn to read!

True about my mom, luckily I had your momma for 5$/hour to compensate... man, she's like a motherfucking vacuum, swallowing the full load like a champ!

Tell her one of your dads says hello!!

>>3406739
>>3406674

It blows my fucking mind how dumb some of you fuckers are. Here is a direct quote from the article that is plainly visible in the twitter post you are fucking talking about

>It means platforms facilitating trading between virtual currencies and legal tender will not be allowed in China

Somehow in your warped, underdeveloped brain that translates to

>What this guy is saying is that FIAT gateways will continue to exist,

Just fucking throw away all of your money already, you deserve it.

>>3406824
Sure buddy, follow the sheeple!
These institutions must be laughing their ass of with the amount of dumb people doing exactly what they want.

Anyway, we'll know in a few days

>>3406007
Coinbase is adding zrx you stupid nigger.

>>3406871
At least make it somewhat believable.

China, the ultimate, FUD => DUMP => PUMP => ... price manipulator.

>>3406016
>being this retarded
>people couldn't buy BTC before centralized exchanges existed
There's always a way. Buy prepaid cards, sell for crypto, use someone trusted for escrow. localbitcoins. Bitcoin ATMs.

>>3407471
You stupid fucking niggers keep looking for tiny ass fucking loop holes, NO FUCKING SHIT YOU CAN ALWAYS BUY IT YOU FUCKING NIGGER
the MAIN fucking point is that the EASIEST way for the MASSES to buy it is about to fucking DIE. If you cannot see how BIG this is, you deserve to be a fucking bagholder.
Stupid delusional retards just playing contrarian while missing the entire fucking point, holy fuck you're fucking stupid

>>3407533
You seem to have an anger issue, you should see someone for that.
So how's that short going, not as well as you wished, you a bottom shorter?
You dumb sob, i almost feel pitty for you

>>3407901
thats the third dumbass coming into my thread playing devils advocate missing the point ENTIRELY about china banning fiat gateways
the other two are you
stfu

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We just need china out if the crypto game. They are cancer for the markets, their mentality is incompatible with a normally functioning market. Their traders are the most short sighted and weak handed dumping non stop. Their govt is like a 12 yr old schoolgirl on her period. Their miners try to fuck everyone every step of the way.

Good riddance, we can build a way better crypto world without them.

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>>3406025
Isn't the ultimate purpose of crypto to free ourselves from these totalitarian fuckers? To me it looks like crypto is succeeding.

>>3407952
they didnt tho

fake news pajeet

>>3405977
Realize this fags. If the Chinese are banned then mining is pointless. If mining is pointless then if you own a mining farm difficulty will not go down as fast. Get in on this niggers, 2x L3+ here. It can only go up from here.

>>3408131
>anon what about these tiny little fiat gateways that noone can control and account for almost NONE of the fiat from china?
well golly gee whiz I didn't account for that! guess its all just fud guys haha! exchanges banning fiat no big deal, just go to local police station and buy some bitcoin! surely the masses will flock to buy even more tahn before now that exchanges are banned from fiat gateways!
fucking niggers honestly.

>>3408162
only they didnt

>>3408342
If this is what people actually believe we have so much farther to go down

>>3406039
>implying you need a bank to exchange fiat for crypto
Local bitcoin anyone?

It's become less convenient for Chinese, but it's far from impossible.