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RSS FeedsChina´s Crackdown: Why Bitcoin Will Continue to Thrive
(WorldNews China)

 
 

19 september 2017 21:18:11

 
China´s Crackdown: Why Bitcoin Will Continue to Thrive
(WorldNews China)
 


September 15, 2017, the Chinese government officially issued a ban on all Bitcoin exchanges and trading platforms. The ban did not come as a surprise, rumors had been circulating for some time, but the ruling still triggered a mass exodus of investors. When rumor became reality a nervous market began selling off, sending the price of Bitcoin into a slide. The talk in the crypto-community immediately turned to whether Bitcoin was a bubble and this was the beginning of the end for the digital currency. However, experience investors know that the price dip and setback with China are mere bumps in the road and Bitcoin´s path to growth will continue. As a proof point, by press time the...


 
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