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Bitcoin Price crashes from $1200 to $800 as China bans Crypto Transactions – 6th December 2013

Bitcoin Price crashes from $1200 to $800 as China bans Crypto Transactions – 6th December 2013



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28 Comments

  1. god dammit, before I finished reading this I was like WHAT BITCOIN WENT TO 1200? I NEED TO EMPTY MY FUCKING SAVINGS AND BUY BUY BUY RIGHT NOW.

    Then saw the year and got sad lol.

    I also bought the dip recently, not falling for any FUD bullshit. Crypto is the future. Buy and hold. This isn’t some stocks/shibacoin bullshit where we’re trying to pump n dump.

  2. tldr; The People’s Bank of China has banned banks and payment companies from dealing with Bitcoin in China. The country’s citizens are still free to buy and sell the digital coin. Bitcoin’s value fell to $800 this week after the announcement. BTC China is now requiring users to provide ID and passport numbers.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  3. Be advised. This submission either linked to an article written by the Forbes editorial staff or a contributor. Contributor articles are essentially op-ed or non-fact-checked pieces written by people recruited by Forbes and do not necessarily reflect the views of the Forbes editorial staff.

    *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*

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