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skypiliot

10,261 Posts.

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09/09/17

12:51

Post #: 27105420
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Originally posted by xindongzuitaohua ↑

@mouse

Just checked Chinese financial news, Chinese central Government stated they only banned the broker in house trading which provided by 3 Chinese broker platforms in mainland China, they Did not Ban the Crypto trading(such as Bitcoin) in mainland China. ...

Currently bitcoin trading turnover in China has dropped to 30% of worldwide from 90% in year 2013......

Anyway, Chinese government is Worrying the insane trading of many Chinese type Crypto will lead to bubble which cause Riots and unstability Given A big Community party conference of number 12 will be held at Middle of October, so they wanna Stability.....

Anyway, Cryptocurrency/Bitcoin is a big trend and tide Globably which can't stop by Government orders always so they will pan well with more understanding from goverment and rules regulated and directed.....

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Like the chinese government I also do not have any difficulty in believing the deluge of ICOs many of dubious worth will result in tears unless something is done .
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