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Tuesday, December 26, 2017

Another country, Israel, has banned bitcoin trading.

https://finance.yahoo.com/news/israel-regulator-seeks-ban-bitcoin-firms-stock-exchange-111621526--finance.html

Israel will ban bitcoin trading soon!

Instead of seeing bitcoin getting worldwide adoption, merchants are dumping bitcoin payment system and central banks are banning bitcoins.  All these will affect bitcoin usages and demands.

Goodluck to bitcoin fanatics!

1 comment:

Eric Ho said...

https://sg.finance.yahoo.com/news/israel-may-issue-cryptocurrency-speed-020100698.html

Maybe this is the real reason to ban bitcoin trading in Israel. Israel wanna develop its own cryptocurrency which cannot be mined by others.

We stated before that the cryptocurrency market would be decimated when more new forks & cryptocurrencies appear.

http://sg-stock.blogspot.sg/2017/12/mas-has-issued-warning-about-bitcoin.html