Bitcoin (BTC) price drops on China's cryptocurrency

Op-Ed: Is China Cracking down on Bitcoin?

Op-Ed: Is China Cracking down on Bitcoin? submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Op-Ed: Is China Cracking down on Bitcoin?

Op-Ed: Is China Cracking down on Bitcoin? submitted by rmvaandr to Bitcoin [link] [comments]

What would happen if the governments of US and China crack down on bitcoin?

Given the fact that now some people have grasped that there is a real value in bitcoins, at least as a store of value (also thanks to their resilient distributed network model) do you think that a crash would immediately happen if one day the news says that bitcoin is going to be heavily regulated or banned for every company in the US, China or Europe?
Do you think this is still a realistic scenario?
EDIT: -------------------------
I know well that US and China HAVE SUGGESTED that they won't do anything but I have also seen the news today, and that seemed to go in the opposite direction, resulting in a small flash crash, what if they take further actions that way? Could they?
MY 2 μBTC: -------------------
In my view every innovation, even when it's good, needs to be supported in its adoption, that is why I think that a well structured international lobbying activity is very important for the future of crypto at this stage
17C4cAAM8ojPWNviyBvWBSBspfp6gynbHF
submitted by MikeXBTC to BitcoinMarkets [link] [comments]

China cracks down on bitcoin and ICOs

submitted by tradingeducation to InvestmentEducation [link] [comments]

China Cracks Down on Bitcoin as Beijing Turns Market Power into Strategic Weapon

China Cracks Down on Bitcoin as Beijing Turns Market Power into Strategic Weapon submitted by thefeedbot to TheNewsFeed [link] [comments]

China cracks down on Bitcoin

China cracks down on Bitcoin submitted by bitcoinalltheway to Bitcoin [link] [comments]

Are all virtual currencies in danger as China cracks down on Bitcoin?

Are all virtual currencies in danger as China cracks down on Bitcoin? submitted by rethaw to peercoin [link] [comments]

Thoughts on putting a quarter of net worth in bitcoin? Anyone already there?

I've been considering this for a few months now. I'm a 30 year old professional with net-worth ~$200k, mostly in diversified index funds. I first started investing in bitcoin in early 2014 (after the MtGox crash) and currently have ~$20K+ worth of BTC, so basically ~10% of my net worth. I'm strongly considering moving that up to 25%. I've done a lot of research on bitcoin over the past 2 years and believe I have a good understanding of the potential upside (huge potential as a safe store of value + worldwide decentralized transactions) as well as the risks (exchanges and online wallets getting hacked, private keys on cold storage or paper wallet getting lost or stolen, price volatility, altcoin competition, hard forking, China "cracking down on bitcoin" for the 16th time...). I'm solidly long on bitcoin I'm pretty confident we'll see 3,000 in 2-5 years and 10000 within 10, though it's probably going to be pretty hairy getting there.
A couple things I've already thought about in terms of reducing risks:
-Buying over several weeks/months in increments to smooth out cost basis. -Holding the actual bitcoin broken up into several different wallets (some cold storage, some online with trusted U.S. based wallets, some on major exchanges). Is there a 'good rule of thumb' people use for this? Like put no more than $X or Y%in any single online wallet or physical cold storage location?
For improving my upside, I'm going to margin lend some of my BTC broken up between 2 exchanges to reduce counter-party risk while still getting benefits of BTC interest income.
One thing I've been thinking about is the psychological component, from having so much volatility, and seeing price go up and down 10-20% in a couple days. Would appreciate any thoughts or advice from someone who's migrated from a "heavy dabbling" into having a significant fraction of net worth in a long BTC position.
Cheers
submitted by Platypodes_Attack to BitcoinMarkets [link] [comments]

Time to go outside and get some fresh air - ignore the charts, prices etc for a few days.

The WHOLE market is heading south and my bet is it is temporary although there are a couple of major things contributing to this currently.
1) China cracking down on bitcoin mining
2) reports that 80% of all BTC now mined
3) Finance Minister Kim Dong-yeon in South Korea reported that a total crack down and ban still a "live and open option" 4) France looking at a total ban and regulation on BTC, ETH, LTC and XRP
lots and lots of scared folk out there at the moment but I am not moving, if it all goes down then so be it but I bet it doesn't and rallies back
JUST HODL AND LEAVE THE MONITORING ALONE FOR A WHILE AND ALL WILL BE FINE - DONT PANIC AND SELL IF YOU DO YOU WILL BE AT A LOSS IF YOU BUY BACK LATER TRUST ME I HAVE DONE THIS A FEW TIMES BEFORE AND IT IS ALWAYS THE SAME. HODL STRONG FOLKS
submitted by Borg_2 to icon [link] [comments]

Time to go outside and get some fresh air - ignore the charts, prices etc for a few days

The WHOLE market is heading south and my bet is it is temporary although there are a couple of major things contributing to this currently.
1) China cracking down on bitcoin mining
2) reports that 80% of all BTC now mined
3) Finance Minister Kim Dong-yeon in South Korea reported that a total crack down and ban still a "live and open option" 4) France looking at a total ban and regulation on BTC, ETH, LTC and XRP
lots and lots of scared folk out there at the moment but I am not moving, if it all goes down then so be it but I bet it doesn't and rallies back
JUST HODL AND LEAVE THE MONITORING ALONE FOR A WHILE AND ALL WILL BE FINE - DONT PANIC AND SELL IF YOU DO YOU WILL BE AT A LOSS IF YOU BUY BACK LATER TRUST ME I HAVE DONE THIS A FEW TIMES BEFORE AND IT IS ALWAYS THE SAME. HODL STRONG FOLKS
submitted by csmonigo to CryptoCurrency [link] [comments]

Did I jump the gun?

Looking to learn from a recent decision I made last night because now I'm second guessing myself.
One of the deciding factors that got me into Bitcoins was the fact that China started playing big time in this game and I went on a gut feeling how big this opportunity was.
So for what I could invest and afford to lose was $500 for a total of 3 bitcoins.
Now after reading all of the news about China cracking down on Bitcoins and seeing how far the price fell. Not to mention how bad crashes have been in the past. I thought to myself that for a big as China's play helped take BTC to $1,000, the reverse would be just a dramatic. This is also considering other negative factors like Silk Road, Mt. Gox, and the recent decision on how the IRS is treating Bitcoins as property and not currency.
So, I decided to cash out all 3 BTC's that I own for a total of $1,300 making my initial investment back and then some. First I could actually use some of the money at this moment. Second, I'm having the expectation that BTC will drop even further to let's say the $100 range because of the drastic drops in the past and when it does I'll buy back in with the ROI I gained and have more BTC than I did before.
Now, that I had a chance to sleep on it I'm second guessing myself but since it's such a small investment I'm not sweating it that much but I just wanted to come here and put what I did out there for opinions to learn and see if I made a mistake or not.
submitted by wizardelite to Bitcoin [link] [comments]

ONE WSJ author. TWO "China will ban Bitcoin" hit pieces. THREE years apart.

ONE
China Cracks Down on Bitcoin
By Chao Deng in Shanghaiand Lingling Wei in Beijing
April 1, 2014 10:15 a.m. ET
China's central bank has ordered the country's commercial banks and >>according to people with knowledge of the matter...
Link: https://www.wsj.com/articles/china-cracks-down-on-bitcoin-1396361492
TWO
China to Shut Bitcoin Exchanges
By Chao Deng and Paul Vigna
Sept. 11, 2017 8:16 p.m. ET
BEIJING—Chinese authorities are preparing to shut down the country’s >bitcoin exchanges, according to people familiar with the matter...
Link: https://www.wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
THREE
BULLSHIT!!!
submitted by beerfinger to NEO [link] [comments]

ONE WSJ author. TWO "China will ban Bitcoin" hit pieces. THREE years apart.

ONE
China Cracks Down on Bitcoin
By Chao Deng in Shanghaiand Lingling Wei in Beijing
April 1, 2014 10:15 a.m. ET
China's central bank has ordered the country's commercial banks and >>according to people with knowledge of the matter...
Link: https://www.wsj.com/articles/china-cracks-down-on-bitcoin-1396361492
TWO
China to Shut Bitcoin Exchanges
By Chao Deng and Paul Vigna
Sept. 11, 2017 8:16 p.m. ET
BEIJING—Chinese authorities are preparing to shut down the country’s >bitcoin exchanges, according to people familiar with the matter...
Link: https://www.wsj.com/articles/china-to-shut-bitcoin-exchanges-sources-1505100862
THREE
BULLSHIT!!!
submitted by beerfinger to vertcoin [link] [comments]

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto submitted by n4bb to CoinPath [link] [comments]

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto submitted by Ranzware to BitNewsLive [link] [comments]

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto https://upload.news/zzy7kk
submitted by GaryPalmerJr to MintingCoins [link] [comments]

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto submitted by Link0000054 to Bitcoin_2019 [link] [comments]

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto

Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto submitted by ThrillerPodcast to thrillerpodcast [link] [comments]

Satoshi Nakaboto: ‘China will no longer crack down on Bitcoin mining’

Satoshi Nakaboto: ‘China will no longer crack down on Bitcoin mining’ submitted by Ranzware to Ranzware [link] [comments]

China Decides Not to Crack Down on Bitcoin Mining

China Decides Not to Crack Down on Bitcoin Mining submitted by bitnewsbot to bitnewsbot [link] [comments]

China Reverses Decision to Crack Down on Bitcoin Mining Industry

China Reverses Decision to Crack Down on Bitcoin Mining Industry submitted by bitnewsbot to bitnewsbot [link] [comments]

China Decides Not to Crack Down on Bitcoin Mining

China Decides Not to Crack Down on Bitcoin Mining submitted by DrMai85 to AsiaCrypto [link] [comments]

Why Governments Hate Cryptocurrencies This week in Bitcoin - July 1st, 2019 Bitcoin at $250,000 - Is China a Serious Threat to Bitcoin? China Cracks Down On Crypto

Bitcoin’s price fell by more than $100 in minutes around 9 A.M. London time as the People’s Bank of China announced they have opened an “inspection” on BTC China, Huobi and OKCoin, which in combination account for 90% of bitcoin trading volume. Crypto markets are not reeling this week because China is “cracking down on Blockchain.” Tokens have been getting slammed since the summer because most of them are unnecessary, and because the 00:00 cracking down ordering facilities to close. let's get to more. > yeah, this is huge for the bitcoin mining market because china is a huge chunk of it. a lot of mining is Bitcoin fell to the lowest level in more than a month after a report that Chinese regulators are cracking down again on the cryptocurrency, targeting mobile apps and online platforms used for trading. A new report by crypto research company Bitooda claims that China accounts for only 50% of global Bitcoin mining capacity, and the U.S. 14%. The data is in sharp contrast with earlier findings

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Why Governments Hate Cryptocurrencies

us government closely watching and ready to crack down on bitcoin, mixers, and crypto in general. alex jones finally becomes a bitcoiner. and more BCH mining fee drama Social Media: Follow me on ... - Iranian State Cracking Down on Bitcoin Miners ... BREAKING! JAPAN & USA COLLABORATION to BEAT China's E-Yuan! Ethereum to 10k minimum + SEC Securities - Duration: 29:09. Today's #BLOCKHEADS: 1. China cracks down on crypto 2. Grayscale files with SEC 3. TD Ameritrade & Schwab marraige, crypto baby? 4. Tinder hit with crypto scam 5. Worlds largest mining farm in ... Crypto prices get crushed after China cracks down on bitcoin - Duration: 1:53. CNBC Television 13,000 views. 1:53. Bitcoin Weekly REVERSAL Candle, MACD BULLISH Divergence! Governments from US to China have tried to crack down on bitcoin and other cryptocurrencies, but can they control them? Articles: http://time.com/money/5105008/bitcoin...

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