Reports: Chinese authorities plan to shut local Bitcoin exchanges

chollida1 wrote: post #5

Full article with google translate https://translate.google.com/translate?sl=auto&tl=en&js=y&pr... As usual Zero Hedge has written on this, this morning. http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-mas... China is really focusing on monetary policy of late, they are also trying to make the Yuan fall against the dollar. http://www.zerohedge.com/news/2017-09-08/yuan-tumbles-after-...

OK, we've changed the URL to that last one from https://wallstreetcn.com/articles/3029742. If someone suggests a better URL, we can change it again.

Submitters: although we have deep respect for other languages, HN is an English-language site.

Re: Reports: Chinese authorities plan to shut local Bitcoin exchanges

#8

Post by davidgerard » Fri, Sep 08, 2017, 3:20 PM UTC

Second report:

http://finance.caixin.com/2017-09-08/101142797.html

No trade allowed between BTC and Yuan, as far as I can make out.

Re: Reports: Chinese authorities plan to shut local Bitcoin exchanges

#9

Post by senatorobama » Fri, Sep 08, 2017, 3:20 PM UTC

Can someone explain the true story behind Bitcoin and the price? I can't help but shake the feeling that someone is playing an exquisitely long game.

Re: Reports: Chinese authorities plan to shut local Bitcoin exchanges

#10

Post by davidgerard » Fri, Sep 08, 2017, 3:20 PM UTC

dang wrote: post #7

chollida1 wrote: post #5

Full article with google translate https://translate.google.com/translate?sl=auto&tl=en&js=y&pr... As usual Zero Hedge has written on this, this morning. http://www.zerohedge.com/news/2017-09-08/bitcoin-crashes-mas... China is really focusing on monetary policy of late, they are also trying to make the Yuan fall against the dollar. http://www.zerohedge.com/news/2017-09-08/yuan-tumbles-after-...

OK, we've changed the URL to that last one from https://wallstreetcn.com/articles/3029742 . If someone suggests a better URL, we can change it again. Submitters: although we have deep respect for other languages, HN is an English-language site.

there's got to be a better site for anything than Zero Hedge, that alone will bury this.