Topic: China banned Crypto Events in Guangzhou (Read 331 times)
I cannot understand why China reacts so aggressively to cryptocurrencies, because it seems to me that sooner or later, cryptocurrencies will eventually be used all over the world this can not be avoided.
I never want to hear bad news about Bitcoin in particular and the crypto market in general. Because they only make the situation worse and worse. A year of turbulence and challenges for the crypto market.
Especially supporting crypto bazaar from the local government, We know that this restriction in China stops only from scammers, which is also used to show Iowa cover councils and to collect funding. China has made many rules for cryptocurrency, especially in the case of ICO fraud and scandal.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
However, it is understandable, that there may be some good reasons behind why they did that, but all the same, China seems not to be my main concern, as they will only be left out at the end of the crypto race if they do not come to their senses.
why they do this, china one of the technological countries, I thougt it could be interestting for such countries! hope some day something will change
If this is the correct information then i think it is disadvantageous and difficult for the crypto market. Because China the country has a very large population and has a very high market share of the crypto market. It is difficult for our community to reduce the influence of Bitcoin.
The Chinese government did not support encryption, so this is also a normal thing. In September 2017, the ban on the Chinese government led to a big waterfall in the market. Perhaps China is the strongest against crypto.
Are they doing intentionally? What's wrong in that, a well developed and a powerful country should give a green signal for this tremendous development. Are they protecting the investors? This is really a sad news.
Thanks.
Such actions speak of a hostile attitude towards the cryptoindustry by the Chinese authorities. The authorities urged the public to refrain from participating in the initial offers of coins (ICO), so as not to become victims of fraudulent schemes.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
I think it does not represent the whole country of china, banning all crypto events, i think its only directed in some areas of china, but i hope this is a bad indication that crypto will be banned in some countries too. I hope this does not apply to all countries.
That seems to be a decision that is state or province specifoc and does not represent the whole country and we already know that most of these bans in China are just to stop scammers to raise funds that use the cover of ico to show legitimacy and raise funds but their intention is just to collect funds by copying some other project, collect the funds and disappear.
Perhaps the actions of the Chinese authorities are aimed at protecting people from fraudsters.
No one will deny that lately the number of fraudulent ICO projects has been growing exponentially and this needs to be stopped.
The Chinese government did not support encryption, so this is also a normal thing. In September 2017, the ban on the Chinese government led to a big waterfall in the market. Perhaps China is the strongest against crypto.
very sad, even though crypto really needs support from various parties so that everything goes well, especially the support from the local government, hopefully the government will immediately make rules about crypto so that it does not clash with other rules
That seems to be a decision that is state or province specifoc and does not represent the whole country and we already know that most of these bans in China are just to stop scammers to raise funds that use the cover of ico to show legitimacy and raise funds but their intention is just to collect funds by copying some other project, collect the funds and disappear.
Who really cares about China anyway? It is not like anything good has ever actually come from here when it comes to cryptocurrency activities, and for all I care, they can ban whatever they want to ban, but the good thing is that the space will always keep moving on and getting bigger, with or without china. If they see cryptocurrency as a threat so much that they are trying to run away from it or frustrate the users in their country, then that is their own cup of coffee. It is a global community and no one really cares whatever decision China has decided to make.
Well, China's Yuan is all set to take over from Dollar and is supposed to be the power source behind the ambitious mission of becoming the super power of the world. But this cryptos is a completely different beast which Yuan was not ready and it could break the dream of Yuan ruling the world. So they are not against cryptos, they are actually against the system that is a hindrance in the pathway of Yuan to rule the world.
Imagine living in such a place
Some decisions from this country are not clear for me but if they have done it, it has all reasons. But banning of crypto events is not so promising way for the future.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
I'm not sure China won't succeed in affecting the crypto market anymore, yes the time for China has passed even though China issued new policies and rumors. I think you are a team from Amon and you should try to increase the value of your token.
I have never thought that China will be against from the crypto even in the particular case. It will not be so useful for them for a little bit I think.
China has always tried to ban anything related to cryptocurrencies, They always do this but at the end you'll see that people in china are still freely using and promoting cryptocurrencies no matter what their government is saying. I wouldn't say that they can ban everything, They could only ban what they can't control.
Absolutely correct, I guess China government is not supporting cryptocurrency. It's really a sad news as they are the most populated country where you could see a lot of investors.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
However, it is understandable, that there may be some good reasons behind why they did that, but all the same, China seems not to be my main concern, as they will only be left out at the end of the crypto race if they do not come to their senses.
Does it really matter? I guess they can still organize stuff like that on Forums, Telegram or wechat? I am not fan of Blockchain conferences/seminars by the way. I don't understand their purpose and they are creepy.
Thought the government banned ICO and Cryptocurency completely last year? Seems they noticed there ban has very little effect on crypto growth hence the recent tolerance.
Thought the government banned ICO and Cryptocurency completely last year? Seems they noticed there ban has very little effect on crypto growth hence the recent tolerance.
Thaey can ban or restrict crypto events, exchanges or companies, but it can't help to stop the progress. Crypto will swap the bank system, it's a matter of time.
I am very surprised, China is one of the countries that could benefit more from crypto. Even if the electronic trading is not allowed, I don´t understand why would they want to cap a growing industry.
I do not see anything strange, since China has a rapidly developing economy and without cryptocurrencies and I think that the means to combat fraud, which is very much in the world of cryptocurrencies, is justified. 
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
Ridicilous decision, i know how important China for crypto market, because it has great potential. But i couldn't understand the goverment approach to cryptocurrency.
They would like to control all financial system in one center but this is impossible with today's technolgy.
They would like to control all financial system in one center but this is impossible with today's technolgy.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
China has already put a lot of regulation in cryptocurrency, especially in ICO for avoiding fraud and scam. This event has been banned in a specific state which is not an issue. each stat may have some different laws and regulations. There is nothing much to worry, But it would be better if it was allowed. Crypto would get some exposure there.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
this FUD make some last tired investors leave the market!
and they would pump big with less people on board and spend less money to bring price to target point... and get bigger profit.
This news has no meaning for crypto. A year ago, China banned the trade in crypto and then Bitcoin dropped to the mark of 1800 dollars, after which you all remember how we rose to the mark of almost 20k dollars. China may say so many times that it prohibits crypto, but any person in China if he wants, he will trade crypto.
China has always tried to ban anything related to cryptocurrencies, They always do this but at the end you'll see that people in china are still freely using and promoting cryptocurrencies no matter what their government is saying. I wouldn't say that they can ban everything, They could only ban what they can't control.
It seems to me that China, on the contrary, should strive to develop the country in a cryptocurrency business, because the desire for a crypt for China is a gold mine.
As far as I remember, in China everything was really very sad and today there is a very serious struggle going on there, because there are states that have something to hide, but there are probably other reasons for banning cryptocurrency
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
remember last year when they ban all the ICOs activities?
I think it's the same trick now. nothing fancy
That seems to be a decision that is state or province specifoc and does not represent the whole country and we already know that most of these bans in China are just to stop scammers to raise funds that use the cover of ico to show legitimacy and raise funds but their intention is just to collect funds by copying some other project, collect the funds and disappear.
Well, whatever is happening within a state actually reflects how things are perceived within the whole country itself. I am sure we do not need to start sugar coating things as we all know the level at which China has always not liked the idea of cryptocurrency and have always tried as much as possible to keep banning anything that is related to it. That is their choice as each country have their own choices to make, and that is why the idea of the fact that this is a global thing and even though one country is fighting it, so many others are trying to adopt it and make their zone crypto friendly, then, China is just one tiny piece of the puzzle that really does not count.
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
so mean that China banned crypto now?
I am very surprised, China is one of the countries that could benefit more from crypto. Even if the electronic trading is not allowed, I don´t understand why would they want to cap a growing industry.
I do not like the way China has been handling cryptocurrency related issues. First a ban on cryptocurrencies for a different set of reasons, now a ban on cryptocurrency events.
This events are mainly to educate people about the technology and I think a technology inclined nation like China should be more inclined towards its success.
Nevertheless it should be said that most crypto events this days is just a chance for the organizers to make some quick bucks and very few of them actually adds value, or presents something new or unique.
This events are mainly to educate people about the technology and I think a technology inclined nation like China should be more inclined towards its success.
Nevertheless it should be said that most crypto events this days is just a chance for the organizers to make some quick bucks and very few of them actually adds value, or presents something new or unique.
That seems to be a decision that is state or province specifoc and does not represent the whole country and we already know that most of these bans in China are just to stop scammers to raise funds that use the cover of ico to show legitimacy and raise funds but their intention is just to collect funds by copying some other project, collect the funds and disappear.
https://blog.amon.tech/wp-content/uploads/2018/10/16102018123821088.jpg
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
This article is about discussion on the ban which China puts on the system of cryptocurrency in promotional events held in Guangzhou.
https://blog.amon.tech/china-banned-crypto-events-in-guangzhou/
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