bitcoin ne kaafi recover apna losses kal aur aaj me karliya hai,ye inr ke hisaab se se 210,000 inr ka agaya tha lekin abhi ye fir se 283,000 inr ka hogaya hai,esme bahut he jada volatile market rehta hai,esme bahut he careful hokar trading karna hoga
For me i dont like cryptocurrency because its hard and risky to trade with it , it doesnt respect the technical analyse or the other analyses and any country can ban it like china today and this will lead to big losses,thanx for threat
Despite measures announced in February aimed at preventing its citizens from taking part in cryptocurrency trading and initial coin offerings, Chinese media are admitting that ICO activity is continuing to intensify
What is forbidden has always been attractive, and the same is proving true with ICOs. Chinese newspaper ‘The Voice’ have published two articles claiming that the crackdown on digital currency is not succeeding, and that in fact ICO activity has intensified. In defiance of the government ruling, Chinese exchanges are continuing to provide their services to investors seeking “to take advantage of the tide of rising bitcoin prices.”
The article states that when the ban was announced, the “hot money network” of cryptocurrency exchanges was silent, but afterwards “platforms immediately set up overseas websites and continued to provide digital currency services to mainland users as overseas companies. They also illegally set up "contract transactions like futures.”
OKCoin, one of the four largest exchanges worldwide, is singled out as guilty of obfuscating its operations in China, and also offering unlicensed securities,,,,,,,,,,,,,,,,
An investigation into the exchange was headed by a Mr. Yang, who told reporters that the platform has “neither the corresponding qualifications nor any supervision” necessary for operating legitimately as a digital currency futures trading platform, and that it has circumvented regulations by nominally moving the company overseas. The exchange purports to be “headquartered in Belize” with a team in Hong Kong, but Yang claims that in fact the entire company is operated “in Beijing, and the users are almost all Chinese.”
When Yang phoned the overseas offices detailed on the company website, he found the numbers in Ireland and Russia unreachable, and the numbers in Hong Kong and Singapore unanswered.
After the national ban was issued, OKCoin is thought to have transferred all user data and digital currency to the OKex Exchange, established outside China, but Yang claims that OKex customer service maintain that they have no connection with the China-registered OKCoin company.
When the Chinese authorities requested the closure of Chinese Bitcoin exchanges last September, OKCoin and Huobi, the two largest exchanges in China, were given leeway to operate until the end of October because they had not been involved in any Initial Coin Offerings,,,,,,,,,,,,,,,,,,,,,,
The second article, published in The Voice’s technology supplement, claims that Chinese ICOs are also operating in defiance of the central government’s ruling, and that they have ‘intensified’ since the ban came into effect. The article relays the unfortunate experiences of Shanghai local Mr Zhang, who purchased a cryptocurrency called ‘Saucoin’ on the OKex exchange in January.,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
Allured by the white paper vision of subverting the live broadcasting industry with blockchain technology, he invested—only to watch it depreciate, and on further investigation discovered that the project founder was suspected of fraud. Not only that, but the white paper was “crude” and the development code underpinning the project was non-existent.,,,,,,,,
To further emphasise the dangers, the article explores the process of creating a deceptive ICO by copying pieces of code from successful whitepapers, acquiring the rating of dubious agencies, and then promoting the offering with celebrity backing.
A ban is a formal or informal prohibition of something. Bans are formed for the prohibition of activities within a certain political territory. Some see this as a negative act and others see it as maintaining the "status quo". Some bans in commerce are referred to as embargoes.
profit earn karty hey es se app apny trading experience ka andaza bilkul be na lagaye, app apni trading ka hi jaiza len key app ki trading me mistakes ketni kam ho chuki hey, agar app every month apny mistakes ko control kar rahy ho aur pehly se bahot kam app trading me mistakes karny lagy ho to app 100% achy trader ban chuky ho.