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RE: China Saves Bitcoin (Part. #4587)

in #steemleo5 years ago

Yeah, China is the real deal and so it was in September 2017 when it banned it just to dip the price and buy low. And what does the clever investor? Buys low and sells high. That year you would only need three months to make $17,000 profit out of one whole BTC, this year we might triple the number :)) if China plays hard.
Or it might crash again tomorrow and all the hyped folks will again face yogi bear.

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Well at the same time as this news they also banned payment services from functioning on sites like localbitcoins and other crypto transaction places which has fucked my plans of getting money out easily, but oh well.

That doesn't come out in the news. Isn't there any option for you to cash out?

If I had foreign accounts from my home country I could do it via a VPN, but my main method is taken down so I really don't know at the moment. I'll have to set something up next time I go back to England, but for Chinese citizens, they're running out of luck