[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 2.01 MB, 640x360, 1516068542191.webm [View same] [iqdb] [saucenao] [google]
7359924 No.7359924 [Reply] [Original]

Why is nobody talking about the reason for the big crash? China just totally banned any access to crypto exchanges. Thats a hard hit

>> No.7359944

fuck off

>> No.7359987

>>7359924
sauce?

>> No.7360002

I use Brave browser and can't watch webm what happens

>> No.7360010

>>7359924
It's a double whammy since many Western banks are banning crypto buys with credit cards

>> No.7360094

>>7359987
>>7359944
What it's real. Pretty hardcore shit. No crypto trading, even on exchanges in other countries. I don't think they can really enforce it. Maybe there will be a mass exodus from china or something.

>> No.7360112

>>7359987
https://m.futurezone.at/netzpolitik/china-sperrt-zugang-zu-saemtlichen-bitcoin-boersen/309.781.214

Use google translate

>> No.7360927

>>7359924
Just like the other times china banned crypto?

>> No.7361015

>>7360002
its a hilarious D-day Normandy beach landing thing with crypto

>> No.7361092

everyone in china has a vpn

>> No.7361137

>>7360010

and so they should

dumb neets loading up on debt to buy volatile internet funny money and inflating the value with nothing but hot air

>> No.7361170

>>7361092
Yes but Chinese government is constantly banning it.

>> No.7361208

Please somebody post the South Park "China banned Bitcoin" comic again. It's worked every time.

>> No.7361222

>>7360927
http://www.scmp.com/business/banking-finance/article/2132009/china-stamp-out-cryptocurrency-trading-completely-ban


This time it’s fully in effect

Enjoy the numbers you bought for 19k

>> No.7361355
File: 422 KB, 728x3096, 1516185927652.jpg [View same] [iqdb] [saucenao] [google]
7361355

>> No.7361370

>>7359924
>b-but bitcoin can never be stopped

LUL bitcoin is fucking dead

>tfw you managed to avoid the crypto meme

>> No.7361483

>>7361355
Thanks

>>7361370
>tfw everyone thinks it's dead despite going to where it was just 3 months ago so I can finally cash out the fuckload of fiat I had sitting in exchanges and spend it without people thinking "huh that guy just got lucky with that crypto thing I guess. well everyone's 'rich' in a bull market." Fuck people who say that. I'm rich still, in the bear market.

Where the fuck is my trophy?

>> No.7361527

>>7359924
HERRO WE CHINA WE BAN BTC AGAIN FOR 14TH TIME NOW.

>> No.7361593

>>7359924

I think China is ditching Bitcoin and going to do China based cryptos only (NEO, VEN, WTC..). Similar to how they banned western companies and made their own versions. I'm holding a big position in all three I mentioned and dropped my BTC, hopefully my hunch is right