Today in Bitcoin (2017-09-10) – China Price Drop – What China Ban – Russia to Regulate Crypto

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Creating tax parity for cryptocurrencies – polis.house.gov

Bitcoin price drops following report that China is going to shut down local exchanges – TechCrunch

Cryptocurrency dealers and online lenders feel heat in China –
asia.nikkei.com

China Police at Bter Exchange

Original Publication on China Ban (use Google Translate):

Fully Translated Statement (Check out Section II)

What Exchanges are doing:

‘They’re real’: Russia eyes regulating Bitcoin & other cryptocurrencies – RT

Bitcoin ETF idea still a little funky, experts say – Reuters

OVERSTOCK EXEC: 'It's crazy that so many retailers don't accept bitcoin' – BusinessInsider

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23 Comments on Today in Bitcoin (2017-09-10) – China Price Drop – What China Ban – Russia to Regulate Crypto

  1. 7:20 Tone Vays – Coinmarketcap update
    7:54 Tone Vays – Mempool/blocks update
    8:43 Special guests – Jimmy Song & Thomas Hunt – Miner agreement about fork
    17:30 Tone Vays- Market update
    26:15 Tone Vays – Travel schedule

  2. Hey Thomas a few tips for your stay in Paris:

    1. If u intend to visit the Louvre = Be aware that to see everything and to take it in all it takes about 2-3 days of visiting the museum! It’s huuuuuuuge and very impressive. Walking underneath the glass pyramid on a sunny day is very beautiful!
    2. Sacre Coeur and the streets surrounding it (Montmartre) is nice. Great view.
    3. If you like castles and gold (and the weather is nice) go to Versailles, visit the chateau and the gigantic garden. Awesome!

    MOST importantly: Don’t buy the 6€ espressos and croissants^^

    http://monparisjoli.com/2016/04/12/10-plus-jolies-places-de-village-de-paris/

  3. Regarding the tweet you referred to at 3:11 is https://twitter.com/cnLedger/status/906111094380302337 Notice the post that followed that one also by @cnledger: https://twitter.com/cnLedger/status/906142114970341377 which states: “Please note the list is subject to changes daily. And do NOT consider the list as an investment advice.” The first tweet showed a supposed delisting date of sept 6 for a series of tokens from BTER, however that date has already passed and STORJ (as well as others of the supposedly delisted tokens) is still actively trading on BTER today, as you can see here: https://bter.com/trade/STORJ_BTC https://bter.com/trade/STORJ_ETH. While I can´t predict future developments with chinese exchanges, this ban in any case should not be targetting STORJ anyway as the statement was that they were targeting tokens from chinese ICOs: https://twitter.com/cnLedger/status/905594753856659457 The STORJ token is not a token from any chinese ICO, and the recent STORJ Token Sale was NOT an ICO at all but a sale of an existing token that was just migrated from a different platform to ethereum. The Counterparty Storjcoin X (SJCX) has been in existance since 2014 and was just migrated to STORJ ERC20 tokens on a 1:1 basis, no new additional tokens were created but rather a portion of tokens held by Storj Labs that were not yet in circulation were offered for sale and the total original supply of tokens was reduced by burning 75MM tokens after conclusion of the sale. The ICO “ban” should not be applied to STORJ at all which is not a vaporware ICO but an existing functioning project with a working product and thousands of existing users. The STORJ token is used to rent space on the network and to pay farmers for sharing their HDD space. UPDATE: BTER has disabled trading pairs only of certain “ICO” tokens vs fiat chinese Yuan, not the trading pairs vs ETH or BTC. STORJ is one of the tokens that had the STORJ-CNY pair disabled, but STORJ-BTC and STORJ-ETH are still trading normally. I still dispute why the chinese gov decided to bunch STORJ together with “ICO” tokens, apparently they didn´t do much in depth review when they decided which tokens to target.

  4. TONE, I think you are making a mistake to completely discount the possibility that the China news is not fake. There is a chance that Chinese exchanges could be banned from offering BTC/CNY trades.

  5. Hey Tone, Jimmy and team! We have just launched a Netherlands based YouTube channel. Would love to have you as a guest speaker sometime. Even in English 😉

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