Yestarday China's financial regulator issued a comment on its previous move to shut down all virtual exchange including Bitcoin exchange. It stated that they are neither "...confirming nor denying this report". However this has still left a lot of confusion on the matter especially among the Chinese Bitcoin Community. This has left the Chinese Bitcoin Community scarred and so like any self-respecting Bitcoin Traders, the Chinese began to dump bitcoins onto the the market which caused the drop in the Bitcoin price to around US$3,995.00, about a drop of -5.92% (which in my opinion is a very good time to Buy Bitcoins if you are a beginner and don't know when to buy). The Financial structures of the world (as was depicted in the Star Wars 5th Episode as the "Empire") is making a move against CYPTOCURRENCY. However in the immortal words of Bill Gates "BITCOIN IS BETTER than CURRENCY". Steemers will keep you updated. DONT Forget to leave your comments in the COMMENTS SECTION and please UpVote my Post. Later Guys.
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