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Wall Street Journal: China Is Going To Ban Cryptocurrency Trading

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Thread replies: 157
Thread images: 26

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posted 10 minutes ago

http://weibo.com/1649159940/FlihF146z
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nice try cumfilth
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>>3425042
Delicious dip incoming
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Holy fuck it's real

Just published
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>>3425239
Here we go boys strap in
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QUICK I JUST BOUGHT NEO SHOULD I SELL????
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>>3425239
Lol so no primary sources would speak for the article, so it's fucking meaningless.
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>>3425270
It being from the wall street journal alone makes it mean something
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>>3425042

FUCK CHINA

THEY CANT KEEP GETTING AWAY WITH THIS!!!!!
>>
>>3425042

https://www.wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
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Does this mean ZRX / blocknet moon mission?
>>
Fuck, I love watching this market crash.
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>>3425275
Maybe if you only have half a fucking brain.
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Why is it not crashing? T-this is big right
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>>3425312
It's not.
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>>3425312
haha. it's already priced in. BTC to $10,000
>>
Would it be wise to move to USDT right now?
>>
>>3425312
Article released like 18 minutes ago

I almost didn't even check because I assumed op was a faggot
But then I remembered it's my last day with online WSJ access and searched for China
It's a sign
Holy fuck, usdt'ing now
>>
>>3425312
because it's a bunch of bs and nobody care anymore. there's nothing left to dump at this point
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>>3425042
>be pioneers in new technological industry
>have the capability of leading the world in blockchain tech
>shut it down
>>
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BITCOIN CRASHING. ITS OVER FOLKS PULL OUT REPEAT PULL OUT

SELL SELL SELL
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Nice! Just bought 100k Ripples
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LOL always right as everything is gaining momentum. I hope people stop giving a shit and just cary on.
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>>3425312
There's already been two huge dips over people thinking it was going to be banned and it came back so it's not as big of a deal
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Steady hands, men.
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How much will it dip? Im going all in if it hits 2k
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>>3425239
Its China. People use VPN for everything else. Why won't they just do crypto the same way?
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>>3425042
can you link the Wall Street Journal article? like with a real link? weibo is not where WALLSTREETJOURNAL POST THEIR ARTICLES.
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>>3425275
No sources. Doesn't matter who publishes that shit if there's no fucking sources. Have you literally learned nothing from the past election??
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https://www.wsj.com/amp/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
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>>3425042
>>3425362
because until then i won't even click that link.
>>
>>3425361
It would become incredibly difficult to move your money into crypto regardless of a vpn
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>>3425367
Doesn't matter what's true or not, what matters is what people think is true.
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>>3425367
People use wall street journal as a source itself, that's how credible it is boy.
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>>3425386
>credible
>just repeats the same tired information from the last 3 days
>PBOC wont even respond to them
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>>3425386
then give the real wall street journal link you stupid shit
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Feels good becoming a Tethermarine 30 minutes ago
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https://www.wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
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>>3425404
>Tether-colored ID
Fuck yeah
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Why arent we seeing massive sell offs/shorts right now?
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>>3425362
You can only read WSJ if you have a paid subscription. I get it through my university and can confirm it's a real article. I'm not sure how much you'll be able to read, but here's the link.
https://www.wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
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The only way to avoid the paywall is to view from twitter.

https://twitter.com/rr_bitcoin/status/907093380609576960
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Uh, they're just copying articles that were published days ago. There's absolutely nothing new here. Bad journalism, it's going to make stupid, uninformed people panic sell.
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Just sold all alts and BTC and moved into USDT. Did I do good?
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>>3425409
wtf? the site don't even let people read their own articles?? it is up to date too,
well thanks for posting it.
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idiots its not gonna happen

http://www.globalfuturist.org/2017/07/chinas-cashless-future-pboc-gets-ready-to-launch-worlds-first-national-cryptocurrency/
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apparently WSJ journalists won't get bribed into posting a fake news

100% real
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Lol, the bitch who wrote it is getting rekt
https://twitter.com/Chao_Deng/status/907092179599818753
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Only dip happening right now is from retards who suck WSJ's cock.
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>>3425465 pboc didn't even fucking comment

Yeah I'm not selling on news that probably isn't even true just because normie street journal is talking about it. But my real secret is I wont sell no matter what the news is
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Well, it was a good run. I'm out.
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im tethered boys, this better scare some people
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>>3425464
>https://twitter.com/Chao_Deng/status/907092179599818753

Oh this is great. lol
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>>3425464
Just proves how dumb most of the money in crypto is. They don't want to hear the truth, just what feels good. Only an idiot would react to bad news (whether it's true or false) by screeching about how it's going to ruin their portfolio, instead of shorting or moving into USDT.
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Its just the beginning
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FUCK, I HAD A BRIEF MOMENT OF OPPORTUNITY TO SELL A FEW MINUTES AGO!
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>>3425665
welcome to bagholder's club
>>
Guys sounds like just old news, shes torn apart in twitter.
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How low is BTC going? Did I make the right move selling at 4,205? no shill answers please
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>>3425710
Pretty sure this shit is fake news, old news. I expect a dump, then its coming back real soon.
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Wether it pumps or dumps I'm still buying more at the end of the week. Fuck the dollar. Fuck the Yuan . We are the cryptomarines and we're not fucking selling.
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>>3425042
SELL NOW

SELL NOW

THIS IS NOT A DRILL
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>>3425042

"platforms facilitating trading between virtual currencies and legal tenders will not be allowed in China.”

Not banning all outright, just limiting the cross between fiat and crypto. Still pretty huge deal imo.
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the fuck are you talking about?
chinamen are playing you like fools
https://www.huobi.com/
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holy shit we all knew about this from friday already

how is this news to so many of you
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This is the same retarded recycles news from the last few days. Nothing to see here.
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YOU TOLD ME IT WAS FAKE NEWS!!!!
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>>3425386
did you read the article?
>the people said
>a person said
>people familiar with the matter
this is retarded LOL
the exchange comment at the end, which she snuck in btw the other exchanges not responding to her request for comment
>?? we haven't been given further instruction by PBOC.
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everything is priced in already and whales are just dumping the fake news on you to buy btc cheap
fuck you all WHY AM I ON THE SAME BOARD AS YOU
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>>3425295
fucking paywall
>>
>>3425042
OP is a little late to the party lmao

we've known about this for like half a week now. who cares? chinamen can do what they want
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>>3425811
use the twitter link
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>>3425811
the article: https://my.mixtape.moe/sfiuep.png
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>>3425808
Unironically to not be lonely
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>>3425808
That's not how markets work.
I agree that you should just ultimately be owning BTC, but it's not the worst idea to sell some with and see how things play out while waiting to potentially get back in at a discount.
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will there pass one day without chinks rekting the crypto market?
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>>3425791
Just same rumored news coming from the wall street journal definitely doesn't add any legitimacy to the rumor boys move along.
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Haha bye zipperheads. You won't be missed.
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FUcking morons say that China's trade volume have no impact in Western crypto markets.
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>>3425434
Nope. Bull by default.
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I don't get why the prices aren't moving. ¯\_(ツ)_/¯
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>>3425883
The chinks ain't dumping shit right now.
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Really enjoying all the china FUD lately
Cheap coins while people panic
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>implying Chinese people follow laws
>implying making a commodity illegal lowers it's value
lmao new kids
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I told you all early. And I have posted in Chinese the document. Now go AND SELLLLLLLLLL
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>>3425883
It won't. There is more than enough demand outside of chinkland to pick up their slack and without all the volatility bullshit they create anymore. It has been dumped hard for a week and rebounded every time.
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>>3425910
>implying closing down chink exchanges will affect price
lol stupid fucking biztards don't know shit like us amiright?
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>>3425906
This. Just increased my overall coin quantity 15% over this week. I'm sure others did even better.
>>
Thank you op.
Fake/old/whatever news it may be but it sounds like more and I tethered above 4300 at the last second before it dropped $200

wew lass
>>
God damnit who is the fucking Jew kike bitch who wrote this shit
>>
It's all a big nothing. Nothing ever comes from these things.
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Are there people here who honestly think the WSJ posts things willy nilly? Surprising how uneducated you all are
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>>3425042

lol is it 2013 again?
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>>3425963
lol
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>>3425969
Did you read the article? No sources, no one they contacted would reply to them. It's not credible, it's literally just some shit a girl wrote up and put on the site.

vs. the news from yesterday on cctv where they talked about the bans being temporary while they create a regulatory structure and license.

Or just keep sucking WSJ's dick.
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>>3425868
They literally recycled the news. They don't even pretend that it's anything more than that.
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>>3425969
WSJ spent months talking about how Pewdiepie was an actual Nazi and how YouTube needed to be boycotted for supporting ISIS

Journalism my ass
>>
>>3425921
it wont effect the price too much. just means the chinese wont be able to buy from a physical shop.
so those who already own, will then be forced online... and then probably show 10 of their friends how to buy...
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>>3425993

Hahahhahaha, I'm baffled at what compels you to think you know so much about journalism, but I guess I shouldn't be surprised considering where we are.
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I'm listening to npr and reading wsj daily. I think im growing up, heh

Come on mate. The Wsj is no longer good for reading market news just as Maxim, GQ, and mend health mags are no longer credible for getting laid or being masculine.
>>
>>3425969
>Are there people here who honestly think the WSJ posts things willy nilly? Surprising how uneducated you all are

Found the idiot who panic sold.
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>>3425042
his name was walton
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>>3426006
yeah but pewdiepie said nigger on stream so they were right all along you fucking fascist
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>trusting anything the hong Kong bitch says
she's the reason almost every China dip happens, and the ICO FUD. Lmao
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>>3425959
I'm still waiting for them to fucking god damn verify me already. How long is it supposed to normally take?
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>>3426014
>just as Maxim, GQ, and mend health mags are no longer credible for getting laid or being masculine.

That's because they don't sell bone broth and super male vitality.
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Chinks are going to hold their crypto since they will lose ability to buy it soon.
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BTC dropping fairly quickly. How low will it go?
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>>3426048
Who the hell cares if some Swede blurted out the n word?
>>
>>3426101
millions of people you ignorant bigot
>>
>>3425510
>https://twitter.com/Chao_Deng/status/907092179599818753
judging by all the responses.... BTC is still headed to the moon
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>>3426105
No one cares nigger
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>>3426129
t. frontpage news on BBC
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>>3426105
They beat the fuck out of their kids, raise them in broken homes, constantly shoot at each other but somehow a man across an ocean who said the nono word is the real problem.

I can't wait until the petrodollar crashes and all the scum have nothing to fall back on.
>>
Nothing more than confirmation that mainstream news is simply a vehicle for the elites to manipulate markets in their favor. What we are seeing now is similar to how news organizations during the election would cite each other in an effort to give credibility to the stories.
>>
>>3426079
honestly can't remember anon

doing it with my phone on bittrex was quick tho
>>
Normie News just catching up due to Hurricane coverage - edgie crypto savies think its new news and panic sell - you think this is a blood letting wait till the USA wakes up. China will drop an ooops statement about Wednesday. Deals to be had bros.
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https://www.bloomberg.com/news/articles/2017-09-11/china-is-said-to-ban-bitcoin-exchanges-while-allowing-otc-trades-j7fofh20
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>>3426172
Nobody thinks it's news. They're selling because a doom and gloom article is a signal to sell.
>>
>>3426187
So should I tether up or what
>>
>>3426175
B-b-b-but its just a crazy lady at the WSJ with no sources!! LMFAO ITS OVER BUDDY BOYOS GET OUT NOW WHILE YOU CAN
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You anons believe anything... even written by a Chinese author.

Read the article, immediately notice the spin toward using bitcoin as a hedge against yuan instead of an actual currency. So many red flags that this article is FUD.
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THIS IS FAKE NEWS

/biz/ TOLD ME SO
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>>3426190
No. It's probably too late.
>>
>>3426048
Sticks and stones. Suck it up.

You know society has run out of things to worry about when they pick at words like that. First world problems. As long as some isn't intentionally trying to anger people INTENTIONALLY, just suck it up.
>>
>>3426192
Dude this is the same as the first article. Reports 3 day old news, says they have un named sources and then continue to speculate on the 3 day old rumor. This is meaningless shit and you lap it up like a dog.
>>
>>3426215
>Doesn't think we knew this already
>sold anyways to buy the dip because others would panic sell
>>
For over a week people have been saying it's over, any news from China, fake or not. "ITS OVER" "SELL SELL SELL" "GIT OUT"

Yeah there's always a little dip, but nothing to worry about, China has always been shitting on crypto and Bitcoin has taken bigger hits, so no it's not over at all. The only ones selling are panicking newfags.
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FAKE NEWS!
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>>3426129
grow up
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>>3425042
Fake news. FUDs like this will only prove nothing.
>>
>>3426294
>icos will be banned
>no they wont
>icos are now banend
>chinese exchanges will be closed
>no they wont
>????
So much denial and you retards post here thinking you will actually impact the market.
>>
>>3426312

Icos require a license.

Dense.
>>
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>>3425042
>>
Is now a good time for buying BTC?
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>>3425914
you're dilutional
20% haircut across the board is more likely
>>
I love market manipulation from old rumors.

Fuck MSM, this is bullshit.
>>
Chinks think they're more important to the market than they actually are.

Good riddance.
>>
>>3427358
BTC going up 300USD in china since yesterday
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>>3426312
Whelp, time to pull my shitcoins off binance.
>>
>>3425789
Exactly. What do these people think happened over the weekend
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FAKE NEWS

hahaha most people dont give a shit and hold after the last 5 rounds of this fud
>>
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it was a good ride boys

I just sold everything
>>
>>3427496
I just sold all 100K buttcoin I have
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>>3427496
you do realize BTC gained 400$ in China today right ? It went from 3500$ to almost 4000$ so it would be only natural it recovers some more in the west as well before possibly dumping.

What I am trying to say is this is a bad time to sell.
>>
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HOLY FUCK SELL NOW SELL SELL SELL
>>
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>>3427673
what does it matter

it's all over. fuck. I bought at 4700. Thought it would go up to 10k.

Sold at a massive loss.
>>
>>3425042
>implying we should sell

FUCK NO, NIGGERS
FUCK CHINKS
I HODL OR DIE FOR LIFE

Hodl me tight bros, maybe some iron hands will come to you

Digits will confirm
>>
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>>3427955
>55

HODL THE LINE TYTE
>>
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Guys. Where do you see BTC in 1 year? I have nothing to live for and am thinking about putting all my savings into BTC but i feel like i might be too late to the party.

>inb4 only invest what you can afford to lose

I can afford to lose all my money.
>>
>>3427988
all in OMG

Trust me, I wouldn't lie to someone that has nothing
>>
>>3427994

No, BTC or nothing. I can buy Bitcoin XBT provider. That way i don't have to pay any taxes on my winnings.
>>
>>3425042
99% of the Bitcoin is going to be flooding into here https://tradesatoshi.com/Exchange?market=WJK_BTC
>>
>>3428004
stay poor and have fun with your sideways shuffle
>>
The level of delusion in this thread is something else. Screencapping for later.
>>
>>3428034
Whos deluded?
>>
ARE YOU PEOPLE RETARDED ????????
Most chinese have VPN Access
Crypto is DECENTRAL
do you really think this will have a long term effect to using and trading them ?
are you mentally retarded or what ?
of course it will be more difficult to buy them in the first place but they will find their ways
Thread posts: 157
Thread images: 26


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