Fake news about China banning cryptocurrency and exchanges
They crypto markets all tanked yesterday due to word spreading virally that China was banning all cryptocurencies
I've seen a number of articles including this one suggesting it is simply NOT TRUE that China has banned the main exchanges i.e. the story was FAKE NEWS.
http://www.livebitcoinnews.com/china-not-suspending-cryptocurrency-exchange-activity/
Also when Reuters reported on it yesterday they took the trouble to add that none of the big exchanges they'd spoken to had been told by anyone official to stop trading.
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Good time to buy in I would say! FUD will always be part of this game, I love it, and many earn lots of money with the dips!
Agreed
oh so this was fake lol looks like someone is playing with crypto
Seems so - it's quite irritating though a good excuse to pick up things on one's shopping list at a discount I suppose. Wish I'd had more cash to do that with!
oh hell yeah how could i forget that red sign is just for shopping :D
Upvoted from @neowne
Help post.All dollar i will earn from this post will be given to help the flood victim people.do share among friends too.
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Done. But if you were advertising anything other than this laudable initiative in my post I'd be cross and would down vote it! As it is GOOD LUCK with it and I resteemed it.
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you're welcome - glad you think so
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I don't know if it is fake news. According to this message on the peoples bank of china it isn't.
http://www.pbc.gov.cn/english/130721/3377816/index.html
It did had a pretty bad effect on the market