Big News From China | Bitcointalksearch.org

-Sinner-

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Quote from: Baofeng on November 06, 2017, 06:13:32 AM

Quote from: -Sinner- on November 03, 2017, 05:20:28 AM

What about Japanese? someone know the situation in Japan?

No need to question Japan as they have already filled the void that China left. I have friends in Japan and all that they can say is that a lot of store has been accepting bitcoin as payment option so they are moving a step forward but countries like China is taking a step back. If there are big news coming from China I think it will really bring good impact to the ecosystem. However, we still didn't forget what they did earlier. So I guess its gonna be a mix emotions once they go and enter bitcoin market again.

it is a great news! By the way, before or after, china MUST enter in this market and legalize ALL. No doubts about that.

Mehedi72

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yeah its really big news from china. We know that china Banned ico and then the price of all cryto currency including bitcoin price was went down but its a very good news, expect to allow more like usdt

Baofeng

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Quote from: -Sinner- on November 03, 2017, 05:20:28 AM

What about Japanese? someone know the situation in Japan?

No need to question Japan as they have already filled the void that China left. I have friends in Japan and all that they can say is that a lot of store has been accepting bitcoin as payment option so they are moving a step forward but countries like China is taking a step back. If there are big news coming from China I think it will really bring good impact to the ecosystem. However, we still didn't forget what they did earlier. So I guess its gonna be a mix emotions once they go and enter bitcoin market again.

e-coinomist

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Money often costs too much.

Quote from: -Sinner- on November 03, 2017, 05:20:28 AM

What about Japanese? someone know the situation in Japan?

The situation over there equals the rest of the world, no need to get back on USDT Tether to trick around local legislations. Chinese fintech startups mostly lack connections.
Exchangers like Quoine are connected to a more crypto friendly banking environment. "Would Switzerland bann bitcoin" comes close to that, of course "No".
Co-founder of that tradeside has been Senior Vice President at SoftBank Group, former Senior Director at Globespan Capital Partners, a venture capital fund.

-Sinner-

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What about Japanese? someone know the situation in Japan?

tee-rex

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Quote from: eagleman on October 31, 2017, 06:42:52 AM

Quote from: tee-rex on October 31, 2017, 01:15:57 AM

Quote from: eagleman on October 30, 2017, 04:02:44 PM

-snip-

You're welcome, bro.

I think you can visit ViaBTC and check their exchange. You may have to register there and find out for yourself anyway. I've never been there myself so I don't know if they provide an English interface to the exchange and whether they have a trollbox, but if they do and have, you can easily find out if you are really interested in this question. Let us know if you find something worthy of mentioning here. Have a nice day!

I checked out their exchange and it's disturbing since I'm not a Chinese and never understand their characters. But as I use google translate their top announcement it's a farewell to all of their users. And I can't find some other links that is redirecting their customers to some of their news so I guess it's a goodbye for real with viabtc. But still it's early to assume as there are some exchange that expressed their back in operation so this is also possible for them.

Well, things seem to be getting interesting with ViaBTC. Maybe, this farewell you have found is actually intended for the Chinese government, and they are in fact going to restart their operation elsewhere. Anyway, this exchange was set up specifically to trade bitcoin cash when it had been launched by ViaBTC in early August. It is the bitcoin mining pool which makes up ViaBTC, not its exchange. Right now when bitcoin cash is being traded at Bitfinex and Poloniex and likely at other major exchanges, they might after all have decided to shut down the exchange completely.

eagleman

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Quote from: tee-rex on October 31, 2017, 01:15:57 AM

Quote from: eagleman on October 30, 2017, 04:02:44 PM

-snip-

You're welcome, bro.

I think you can visit ViaBTC and check their exchange. You may have to register there and find out for yourself anyway. I've never been there myself so I don't know if they provide an English interface to the exchange and whether they have a trollbox, but if they do and have, you can easily find out if you are really interested in this question. Let us know if you find something worthy of mentioning here. Have a nice day!

I checked out their exchange and it's disturbing since I'm not a Chinese and never understand their characters. But as I use google translate their top announcement it's a farewell to all of their users. And I can't find some other links that is redirecting their customers to some of their news so I guess it's a goodbye for real with viabtc. But still it's early to assume as there are some exchange that expressed their back in operation so this is also possible for them.

ausbit

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I think that this proves that no country can stop bitcoin from growing as it is an international currency and if you don't take its advantage others will use it and go forward so one should try to understand the importance of bitcoin and its use in thee future. China understood that bitcoin is a very bit industry in there country and there are many advantages to there people from it ass china has most number of bitcoin users.

Bitcoin cannot be stopped from growing as it is a peoples choice and it gives most of the people a good return and now bitcoin will be promoted by many other countries.

tee-rex

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Quote from: eagleman on October 30, 2017, 04:02:44 PM

Quote from: tee-rex on October 28, 2017, 06:04:34 AM

Quote from: eagleman on October 28, 2017, 04:35:17 AM

Quote from: tee-rex on October 27, 2017, 05:30:05 AM

Quote from: eagleman on October 27, 2017, 05:14:27 AM

Quote from: adam1230 on October 26, 2017, 01:31:01 AM

Big news from china

https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)

We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).

I knew it that they will come back again with their operations. I thought they will migrate to nearby countries and will continue it's operation that way. Anything that goes for this type of business there's no one that can stop it even the Chinese government when same interests are applied for the company and also for the Chinese government. Other exchanges will be wild again and will announce the same thing. And now, let's expect bitcoin's price up to the moon again.

If my memory serves me right, ViaBTC was going to move their exchange operations to Hong-Kong, though I don't know if they actually moved there or, if not, whether they are still going to change the country of their business. Does anyone know what's become of that? At large, the politics and decisions of the Chinese authorities seem to be very unpredictable and controversial, mildly speaking. But as I said before, they influence Bitcoin less and less each time the Chinese government comes up with something new.

I don't have also any news about their migration to Hongkong. But I guess there's no need to do it so because there's an indication now that they can now start operating again with any Chinese region. We can't really get any reliable source on what's happening to China and it's businesses regarding bitcoin and to be specific with their exchanges. I'm only waiting now for any cryptonews website to publish an article regarding this comeback from China.

You can read about their former plans here and here. The synopsis can be written as following:

Quote

ViaBTC Intends to Launch an Overseas-Based Bitcoin Exchange After Ceasing Chinese Operations on September 30th. Chinese cryptocurrency exchange ViaBTC has announced its intention to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland China on September 30th. ViaBTC has revealed plans to launch a cryptocurrency exchange platform outside of mainland China.

If they were really planning to launch their trading business somewhere outside of China, for example, in Taiwan, as some people on reddit suggested, it doesn't make much sense to stay in China any more. Today the Chinese authorities may allow cryptocurrency trading only to change their mind again tomorrow. Though I certainly agree with your note that we can't know for certain what is going on in China with respect to bitcoin and bitcoin exchanges there

They have to do it if they can sense that there are some future troubles that's about to happen in China. And they must make this initiative of doing it so and most of the links that you've given are still discussions from people who mostly are not living on China but if someone who lives on China will share on what's really happening there then it will us some delight.

Anyway thanks for the link mate I appreciated it.

You're welcome, bro.

I think you can visit ViaBTC and check their exchange. You may have to register there and find out for yourself anyway. I've never been there myself so I don't know if they provide an English interface to the exchange and whether they have a trollbox, but if they do and have, you can easily find out if you are really interested in this question. Let us know if you find something worthy of mentioning here. Have a nice day!

Best Dreams

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Quote from: tscen on October 28, 2017, 05:55:25 AM

Quote from: Eternu on October 28, 2017, 05:50:29 AM

I am not from China so I do not use sites from that country. But i can say that China play big role in Bitcoin world. Bitcoin price and market are connected to China, because there are a lot of users and miners in it. We all know what happened to market and Bitcoin price when China announced that they will ban Bitcoin local and ICO. So I guess that this is good news for cryptocurrency world.

No it is not. you have been fooled by the op. read this:

"Big News From China" is spreading false information, Exchangers are banned !
https://bitcointalksearch.org/topic/big-news-from-china-is-spreading-false-information-exchangers-are-banned-2320265

Well my information is different it’s true that china banned bitcoin but I know my friends who are from china they are using bitcoins and in some part of china is working easily actually china people want bitcoin to use it for trade and they think china fell regret on his decision hope china will allow bitcoin in his country.

eagleman

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Quote from: tee-rex on October 28, 2017, 06:04:34 AM

Quote from: eagleman on October 28, 2017, 04:35:17 AM

Quote from: tee-rex on October 27, 2017, 05:30:05 AM

Quote from: eagleman on October 27, 2017, 05:14:27 AM

Quote from: adam1230 on October 26, 2017, 01:31:01 AM

Big news from china

https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)

We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).

I knew it that they will come back again with their operations. I thought they will migrate to nearby countries and will continue it's operation that way. Anything that goes for this type of business there's no one that can stop it even the Chinese government when same interests are applied for the company and also for the Chinese government. Other exchanges will be wild again and will announce the same thing. And now, let's expect bitcoin's price up to the moon again.

If my memory serves me right, ViaBTC was going to move their exchange operations to Hong-Kong, though I don't know if they actually moved there or, if not, whether they are still going to change the country of their business. Does anyone know what's become of that? At large, the politics and decisions of the Chinese authorities seem to be very unpredictable and controversial, mildly speaking. But as I said before, they influence Bitcoin less and less each time the Chinese government comes up with something new.

I don't have also any news about their migration to Hongkong. But I guess there's no need to do it so because there's an indication now that they can now start operating again with any Chinese region. We can't really get any reliable source on what's happening to China and it's businesses regarding bitcoin and to be specific with their exchanges. I'm only waiting now for any cryptonews website to publish an article regarding this comeback from China.

You can read about their former plans here and here. The synopsis can be written as following:

Quote

ViaBTC Intends to Launch an Overseas-Based Bitcoin Exchange After Ceasing Chinese Operations on September 30th. Chinese cryptocurrency exchange ViaBTC has announced its intention to launch a trading platform based outside of China. The decision to establish an overseas-based platform follows announcements that the exchange will shut down operations in mainland China on September 30th. ViaBTC has revealed plans to launch a cryptocurrency exchange platform outside of mainland China.

If they were really planning to launch their trading business somewhere outside of China, for example, in Taiwan, as some people on reddit suggested, it doesn't make much sense to stay in China any more. Today the Chinese authorities may allow cryptocurrency trading only to change their mind again tomorrow. Though I certainly agree with your note that we can't know for certain what is going on in China with respect to bitcoin and bitcoin exchanges there

They have to do it if they can sense that there are some future troubles that's about to happen in China. And they must make this initiative of doing it so and most of the links that you've given are still discussions from people who mostly are not living on China but if someone who lives on China will share on what's really happening there then it will us some delight.

Anyway thanks for the link mate I appreciated it.

tee-rex

hero member

Activity: 742

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Quote from: iv4n on October 30, 2017, 06:39:49 AM

Quote from: Lagduf on October 30, 2017, 05:26:29 AM

Quote from: tee-rex on October 30, 2017, 02:26:18 AM

Quote from: pooya87 on October 29, 2017, 12:25:48 AM

haha, where are all the idiots who kept repeating China banned bitcoin, banned trading, banned .... now?
Chinese government is weird and the news coming out of them are even weirder but it has never been like what they spread in their FUDs. and worst part is the FUD is not new. it keeps being repeated the same way as ever! you can find exact same news saying "China banned bitcoin" dating back to at least 2013. there are even topics here saying this which were started back in 2013!

I have to agree with you. These fudsters have been running this vehicle since the beginning of days, and bitcoin has been hitting new highs every time their FUD subsided a bit. It is interesting that they play the same tune over and over again, and it still works somehow. It seems people can't get used to their bluff and perpetual lies. This year alone they have started the FUD machine at least three times, while bitcoin made it like 6x. Meh, I think they should have run it more often.

Let us just consider all these fudsters an opportunity maker for us to gather bitcoin as well as other traders thinking. Pretty much sure that these FUDsters fueled by whales.
You can see how they spread across the forums just for giving an information about bad news, if it's not fueled by whales, it's someone who owns a big amounts of money and trying to buy bitcoin eitherway.

I never thought that China will ban bitcoin, that were just rumors. From beginning I were saying that Chinese are making a lot of money from crypto currencies there weren't a chance that they will quit just like that from all that fortune.
Todaybon cointelegraph article from Alex Gap with title Chinese might be able to trade bitcoin again soon. What happened is that on some of their national communistic congress temporary regulations and policies are cancelled, and trading with bitcoin might be one of them. What is interesting for me was the end of article where is explained how offline trading is now popular in China and how they do it. I knew that they will find a way to continue with their business with bitcoins and they did.

The rumors have surfaced that the recent bitcoin "ban" in China was mainly due to intraparty struggles inside the communist party of China before the National Congress of the CPC, which ended about a week ago. Now when it is over, the "ban" could be lifted and trading allowed again, though that could depend on which "clan" has won. If the pro-ban clan won, the ban will likely remain in place or could become even worse.

iv4n

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Quote from: Lagduf on October 30, 2017, 05:26:29 AM

Quote from: tee-rex on October 30, 2017, 02:26:18 AM

Quote from: pooya87 on October 29, 2017, 12:25:48 AM

haha, where are all the idiots who kept repeating China banned bitcoin, banned trading, banned .... now?
Chinese government is weird and the news coming out of them are even weirder but it has never been like what they spread in their FUDs. and worst part is the FUD is not new. it keeps being repeated the same way as ever! you can find exact same news saying "China banned bitcoin" dating back to at least 2013. there are even topics here saying this which were started back in 2013!

I have to agree with you. These fudsters have been running this vehicle since the beginning of days, and bitcoin has been hitting new highs every time their FUD subsided a bit. It is interesting that they play the same tune over and over again, and it still works somehow. It seems people can't get used to their bluff and perpetual lies. This year alone they have started the FUD machine at least three times, while bitcoin made it like 6x. Meh, I think they should have run it more often.

Let us just consider all these fudsters an opportunity maker for us to gather bitcoin as well as other traders thinking. Pretty much sure that these FUDsters fueled by whales.
You can see how they spread across the forums just for giving an information about bad news, if it's not fueled by whales, it's someone who owns a big amounts of money and trying to buy bitcoin eitherway.

I never thought that China will ban bitcoin, that were just rumors. From beginning I were saying that Chinese are making a lot of money from crypto currencies there weren't a chance that they will quit just like that from all that fortune.
Todaybon cointelegraph article from Alex Gap with title Chinese might be able to trade bitcoin again soon. What happened is that on some of their national communistic congress temporary regulations and policies are cancelled, and trading with bitcoin might be one of them. What is interesting for me was the end of article where is explained how offline trading is now popular in China and how they do it. I knew that they will find a way to continue with their business with bitcoins and they did.

Lagduf

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Activity: 1162

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Quote from: tee-rex on October 30, 2017, 02:26:18 AM

Quote from: pooya87 on October 29, 2017, 12:25:48 AM

haha, where are all the idiots who kept repeating China banned bitcoin, banned trading, banned .... now?
Chinese government is weird and the news coming out of them are even weirder but it has never been like what they spread in their FUDs. and worst part is the FUD is not new. it keeps being repeated the same way as ever! you can find exact same news saying "China banned bitcoin" dating back to at least 2013. there are even topics here saying this which were started back in 2013!

I have to agree with you. These fudsters have been running this vehicle since the beginning of days, and bitcoin has been hitting new highs every time their FUD subsided a bit. It is interesting that they play the same tune over and over again, and it still works somehow. It seems people can't get used to their bluff and perpetual lies. This year alone they have started the FUD machine at least three times, while bitcoin made it like 6x. Meh, I think they should have run it more often.

Let us just consider all these fudsters an opportunity maker for us to gather bitcoin as well as other traders thinking. Pretty much sure that these FUDsters fueled by whales.
You can see how they spread across the forums just for giving an information about bad news, if it's not fueled by whales, it's someone who owns a big amounts of money and trying to buy bitcoin eitherway.

Tamilson

hero member

Activity: 1022

Merit: 503

Quote from: adam1230 on October 26, 2017, 01:31:01 AM

Big news from china🔼

https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)

We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).

Well from what everybody else expected like China will get back to business again and like anything didn't happen.
China's FUD recently are just all showed up and act, they spread the fuds and take advantage of panic selling to buy in more cheap and dump price bitcoin that they'll use for their own exchange and it seems all the plans are getting smoothly that's why now their opening their own exchange that can give them a lot of profit.

tee-rex

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Quote from: pooya87 on October 29, 2017, 12:25:48 AM

haha, where are all the idiots who kept repeating China banned bitcoin, banned trading, banned .... now?
Chinese government is weird and the news coming out of them are even weirder but it has never been like what they spread in their FUDs. and worst part is the FUD is not new. it keeps being repeated the same way as ever! you can find exact same news saying "China banned bitcoin" dating back to at least 2013. there are even topics here saying this which were started back in 2013!

I have to agree with you. These fudsters have been running this vehicle since the beginning of days, and bitcoin has been hitting new highs every time their FUD subsided a bit. It is interesting that they play the same tune over and over again, and it still works somehow. It seems people can't get used to their bluff and perpetual lies. This year alone they have started the FUD machine at least three times, while bitcoin made it like 6x. Meh, I think they should have run it more often.

pooya87

legendary

Activity: 3472

Merit: 10611

haha, where are all the idiots who kept repeating China banned bitcoin, banned trading, banned .... now?
Chinese government is weird and the news coming out of them are even weirder but it has never been like what they spread in their FUDs. and worst part is the FUD is not new. it keeps being repeated the same way as ever! you can find exact same news saying "China banned bitcoin" dating back to at least 2013. there are even topics here saying this which were started back in 2013!

supu

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Merit: 0

This is a wonderful news for the crypto community. I hope BTC will cross $6000 very soon.

Juggy777

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Quote from: adam1230 on October 26, 2017, 01:31:01 AM

Big news from china🔼

https://www.huobi.pro/zh-cn/notice_detail/?id=651. Huobi, one of the biggest crypto exchange in China, will resume its operation at 12:00, 26th, October (China Time)

We are excited to announce that Huobi Pro will support Tether(USDT) trading pairs. USDT deposit and withdrawal is available from 18:00 October 24th,2017(GMT+8). And BTC/USDT and ETH/USDT trading will start at 12:00 October 26th,2017(GMT+8).

I don't really like any news that comes out of China, they never are good or even if they're it does no good there's always a ulterior motive, now that this exchange is back, more people shall start trading there again, and I don't personally like China getting any share of the Bitcoin market, they always mess it up and they mess it up bad, I would advise all to take this news with a pinch of salt, and be prepared they will mess it up.

ethereumhunter

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Quote from: lili song on October 28, 2017, 11:31:03 PM

Even Though China able use bitcoin once again but it's doesn't affect too much on bitcoin value globally.
As we known current global market are being hold by South Korea and Japan.

Overall I can see uptrend and stable because the demand on bitcoin getting greater

so china will continue supporting bitcoin like other asian and this will make bitcoin more stronger than before. you are right, i see the price is trying to break the high price but we need to watching more because it will not easy to break the high price again since many people don't want to be late to buy bitcoin. and with china again, i think many big whales from china will trying to support the price to increase and if they want to buy bitcoin, then they can dump the price for a while and after that they can pump the price again.

Topic: Big News From China (Read 2258 times)