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Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services.

In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

Bitcoin is tanking following a reiteration from China's central bank that financial institutions cannot provide cryptocurrency services. In a statement published online, the People's Bank of China warned against institutions and businesses from engaging in any form of virtual currency transactions.

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Brother, some of us mentioned this would happen about a month ago.

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That's right Brother I put out a post about it a few weeks ago.

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I remember Brother as did I, and we both received a lot of flack from these so called " Experts"

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Lol yes exactly.