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What should investors do when bitcoin is shut down

Publish: 2021-04-14 14:39:28
1. bitcoin China, the first bitcoin trading platform in China, announced yesterday that it would stop all trading business from September 30 this year. In this regard, some financial people expect that some investors will not participate in the local sale before the platform closes at the end of the month. If such investors rush in from a high level in August, the losses will be very heavy
bitcoin China announced that in accordance with the spirit of the document "Notice of the people's Bank of China Central Network Information Office, Ministry of instry and information technology, State Administration for Instry and commerce, China Banking Regulatory Commission, China Securities Regulatory Commission and China Insurance Regulatory Commission on preventing the financing risk of token Issuance" issued on September 4, and adhering to the principle of preventing investment risk and protecting the interests of users to the maximum extent, bitcoin China team has carefully discussed, Three decisions were made: first, bitcoin China digital asset trading platform stopped new user registration from yesterday; Second, on September 30, 2017, the digital asset trading platform will stop all trading businesses. Third, bitcoin China's mining pool (national pool) and other businesses will not be affected by this and will continue to operate normally
affected by this news, bitcoin, lightcoin and Ethereum all fell sharply. By the time of Beijing Youth Daily, the price of bitcoin was 21600 yuan, with a 24-hour drop of 12.51%. During the day, bitcoin once fell below 20000 yuan, with the lowest price reaching 19597 yuan; Ethereum quoted 1472 yuan, down 14.56%; Lightcoin fell the most, offering 299 yuan, down more than 23%
bitcoin China, the first and largest bitcoin trading platform in China, is operated by Shanghai satuxi Network Co., Ltd., which was established on June 9, 2011. The team members are mainly from China, Silicon Valley and Europe
on March 12, 2014, bitcoin China officially launched the lightcoin transaction, with a total transaction volume of more than 30 million yuan
on September 30, 2017, bitcoin China stopped all trading business
the first time I bought bitcoin and the first time I bought Ethereum was in bitcoin China. The collapse of bitcoin China and other exchanges means that China has lost its pricing power in the field of virtual currency.
2.

as the third largest bitcoin trading platform in the world in terms of trading volume, bitcoin China is the first of the three major bitcoin trading platforms in China to announce the cessation of trading business

on the evening of September 13, China Internet Finance Association issued a risk warning, pointing out that bitcoin and other so-called "virtual currencies" lack a clear value basis, there is a strong speculative atmosphere in the market, the price fluctuates violently, investors blindly follow the trend of speculation, which is easy to cause capital losses, and investors need to strengthen their risk prevention awareness

as soon as the ban came out, all localities responded. The Beijing rectification office under the Beijing Municipal Bureau of financial affairs immediately issued a document to coordinate with the clean-up and rectification of the ICO platform and immediately stop all kinds of ICO token issuance and promotion activities

3. From the moment bitcoin was born, it was worthless, then it was stir fried, and then it was stopped by the supervision. It's really a roller coaster story. The news of the closing of bitcoin trading platform is increasingly true, and the regulatory authorities have made a conclusion on domestic bitcoin trading platforms: "bitcoin China will shut down and withdraw from the market in the near future." So, can bitcoin investors withdraw cash
bitcoin China will be shut down
bitcoin China will be shut down: Xiaobian learned from multiple sources that bitcoin trading platform will be shut down at the end of September. Regulators close to the local Internet Finance rectification office told China first finance and economics reporters on September 14 that the regulatory authorities have reached a conclusion on the domestic bitcoin trading platform: "all of them will be shut down, and they will withdraw from the market in the near future."
4. Wait and see for a while. Choose a good wallet and deposit bitcoin first, such as coin paypal and coin bag
5. At present, the purpose of the national call is to transfer to other standard instries, preferably to serve the real economy
6. In today's uncertain future of bitcoin, it is not recommended to buy mining machines for mining. At present, the mining cost of bitcoin has approached or even exceeded the price of bitcoin, and retail investors have graally launched the historical stage of mining. There is still a certain profit margin for large mines. If retail electricity is free, it is also profitable. Now mining relies on electricity price and energy consumption of mining machinery. There is basically no such thing. If there is a pyramid scheme, it depends on your own choice.
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