I really don't think all these Chinese BTC investors are going to throw in the towel and be like "Alright, time to sell off everything and no more cryptocurrency for me"
The concern is China's Gov't will be blocking people's IP addresses from trading cryptos outside of China in other exchanges given their new anti-crypto policy. If they catch anyone, they will face the penalty of the Gov't. Google to verify this news. Don't care either way, but this lags down Bitcoin's price towards the end of Oct. Best!
Spreading fears to buy BTC cheaper ? I think you sold your BTC at 3000. Big mistake done by you , China market will replace by JPY and KRW, People are joining BTC every day all around the world. You can buy it now to avoid disappointment in the future, thats my advice to you
I really don't think all these Chinese BTC investors are going to throw in the towel and be like "Alright, time to sell off everything and no more cryptocurrency for me"
The concern is China's Gov't will be blocking people's IP addresses from trading cryptos outside of China in other exchanges given their new anti-crypto policy. If they catch anyone, they will face the penalty of the Gov't. Google to verify this news. Don't care either way, but this lags down Bitcoin's price towards the end of Oct. Best!
Spreading fears to buy BTC cheaper ? I think you sold your BTC at 3000. Big mistake done by you , China market will replace by JPY and KRW, People are joining BTC every day all around the world. You can buy it now to avoid disappointment in the future, thats my advice to you
Never owned any Bitcoins - ever. Coming from a trading stocks/options background and only watch Bitcoin as a hobby, enjoying the research.