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China’s Bitcoin bans are speed-bumps on the journey, but don’t stop believing


We’d need a slide-whistle to give the sound-effect to go with a graphic of Bitcoin’s value over the last 24 hours. The news from China that one of the most popular exchanges in the country will stop trading Bitcoin by October has the world’s most popular cryptocurrency losing some of its recently gained ground. The sky, however, is not falling (probably) — Bitcoin dropped from nearly $5,000 to almost $3,400 in the past week, and now it’s hovering at $3,500. Yesterday TNW reported that a few hiccups, like condemnation from JP Morgan’s CEO and an outright ICO ban in China, were…

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