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Topic: China banned ICO's not Bitcoin idiots! - page 4. (Read 2893 times)

jr. member
Activity: 308
Merit: 8
November 08, 2018, 11:18:46 AM
#83
This issue is always confusing a lot of people. There is a difference between ICO and bitcoin. This is a fact we must know. China never bans cryptocurrency (bitcoin) what they ban is a scamming ICO where protecting their citizens from losing their hard earned money is the top priority for them.
newbie
Activity: 1
Merit: 0
October 21, 2018, 11:01:33 AM
#82
China banned bitcoin?  It's real or fake news? 
But someone say that,  it is a fake news. 
     
member
Activity: 476
Merit: 10
November 08, 2018, 10:58:54 AM
#82
I also read too many articles about China banned Bitcoin like WTF this shit keep popping into my newsfeed. Really 50% of what we read in article news shouldn't be believe without a solid proof or source that we can trust. Those fake news can make a slight dump price for those ignorant people who dump cause they believe in those shit.
newbie
Activity: 126
Merit: 0
October 21, 2018, 09:57:12 AM
#81
in my country a major newspaper wrote that China banned bitcoin. they write fake news on purpose  Undecided
many articles like that too. makes me confused in the beginning.
writer just write without checking the truth or maybe like you said, they write fake news on purpose.

I fully agree with the idea that they do not understand what they are writing about. Cool
full member
Activity: 350
Merit: 100
October 21, 2018, 11:41:29 AM
#81
yes china is not ban Bitcoin and other cryptocurrency and i think they have any reason why bann ICO in their country, as we know that chine is the biggset country that use bitcoin and cryptocurrency, and i think it will never ban bitcoin
sr. member
Activity: 882
Merit: 297
October 05, 2018, 11:40:00 AM
#80
I agree with you, we know that China has a big role in creating a very good bitcoin market, by the end of 2017 bitcoin reached a value of 20K. and China dominates bitcoin trading.

yes, China only prohibits ICO, but you must know that China is very greedy, they want to master bitcoin. they are never satisfied.

China were before mid of 2017 holded the big role in crypto market and even in mining farm, but after Japan and south korea legalized the crypto currency. China is no more dominates bitcoin trading. Even when they stated news of banning ICO in mid 2017 it did not affected the market and bitcoin price went more high and who ever in china shorted bitcoin on that news have taken heavy loss.

But still even china have stopped the exchange function till the government have not formed the new rules and regulation to follow to run the exchange.
member
Activity: 560
Merit: 11
October 05, 2018, 10:52:33 AM
#79
I agree with you, we know that China has a big role in creating a very good bitcoin market, by the end of 2017 bitcoin reached a value of 20K. and China dominates bitcoin trading.

yes, China only prohibits ICO, but you must know that China is very greedy, they want to master bitcoin. they are never satisfied.
jr. member
Activity: 252
Merit: 1
October 05, 2018, 10:16:11 AM
#78
In China, ICO = scam.
hero member
Activity: 2912
Merit: 556
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October 05, 2018, 02:55:08 AM
#77
So if China banned ico and not bitcoin, it will bring good news for the Chinese people because they can use bitcoin without any worry. And I think that if many other countries finally ban the fake ico because the ico can easily to get much money from the investor and in the end, they are leaving the project without any news. Many people have obtained scam by this, and there is no protection for the investor, and if there is any regulation for the ico then the investor will save and not worried about their money.
newbie
Activity: 6
Merit: 0
October 05, 2018, 01:51:54 AM
#76
I feel totally disappointed about the ICOs though. Most of them are just scums and nothing more, you are waiting for the minimum payouts forever.
hero member
Activity: 826
Merit: 523
October 03, 2018, 06:17:21 AM
#75


China's banning of Ico's may appear as a clever procedure as it has been a lot of scams throughout the last year. Chain has an outstanding influence in any business it get in, so China may wait for the market of cryptos to have its all corrections and become more stable so that it enters this market again.






member
Activity: 448
Merit: 10
October 03, 2018, 05:56:43 AM
#74
Yes this is also what i am trying to say to my friends. But not all Ico's were banned only around 40% to 50% of new and monthly old ico's. There are many ico's that are fake so that's why china keeps banning it. But don't worry they really checked of the Ico is legit or not they don't just ban it whenever they want.
full member
Activity: 1624
Merit: 163
October 03, 2018, 05:13:33 AM
#73
That's the thing about media, they only think about clicks and views without giving enough context or even researching to their own subject. At least most of them are. I think they are only writing what people want to see, they don't care about facts at all. Let's be careful with those.
legendary
Activity: 2716
Merit: 1225
Once a man, twice a child!
October 03, 2018, 04:55:42 AM
#72
There are many countries in the United States that have imposed a ban on participation in ICOs. But in most of them, Bitcoin or crypto money trading is not prohibited.
Dude, what are you rambling about here, many countries in the united States?... Cry

On the issue with China and cryptocurrency, I think the ban has long been overtaken by events. I believe China's main issue right now is getting out of its trade war with America.
sr. member
Activity: 1988
Merit: 283
October 03, 2018, 04:55:13 AM
#71
True and probably china banned some gambling sites as well because my friend account become frozen after dumping small amount on a gambling site which is sort of like exchange also. It says "you used withdraw limits for your country ". Maybe it is temporary banning again.  So no need to worry. 'cause honestly that issue always happened even before but always back to the business after months.  
full member
Activity: 346
Merit: 100
October 03, 2018, 04:43:14 AM
#70
Its just another tactic from whale to scared this newbies investors that want to create panic sell so they can buy bitcoin cheaper. Spreading false alarm about the banned of bitcoin around the globe and forcing other to sell their bitcoin so they can gathering it back with a cheap price. It easy to create chaos when panic are attacking without knowing a real news about what China banned off. China banned ICOs not bitcoin.
full member
Activity: 476
Merit: 100
October 03, 2018, 04:30:05 AM
#69
Thanks for the clarification on what China has banned. This has been a confusing issue concerning China and cryptocurrency. Bitcoin though not yet legalized in China but it is not banned. People are still transacting with bitcoin on P2P and exchanging their goods and services. People should stop being agent of FUD deciving people to become frenzy and sell off their coin at a loss. 
newbie
Activity: 25
Merit: 0
October 03, 2018, 04:05:51 AM
#68
The ICO ban was unveiled as a military truce, as all the investors were holding their breath to see the Bitcoin graph ever down to $ 2,981. However, just two days later, the Bitcoin value recovered to $ 4,000. The total market capitalization of the cryptocurrency market was at $ 137 billion, with a low level of $ 100 billion just three days ago. It appears that there are countless benefits behind the ICO ban. China has removed all of its transactions with Bitcoin, which will reduce the influence of the Chinese market on the global Cryptocurrency market. The tightening of management and enforcement of the trade ban in the Chinese market means that the quality of the ICO will be improved. As a result, the more quality the product, the better the whitepaper, the more clear the plan, the more convenient the enterprise will be in seeking legal representation, company structure diagram Regulatory enactment, and self-management mechanism. Managers find that the complete ban on cryptocurrency is not only impossible but also difficult to achieve. The economic benefits derived from both the value of the state and the potential for technological innovation demonstrate that no illegal activity occurs.
member
Activity: 713
Merit: 31
October 03, 2018, 03:58:45 AM
#67
There are many countries in the United States that have imposed a ban on participation in ICOs. But in most of them, Bitcoin or crypto money trading is not prohibited.
full member
Activity: 1190
Merit: 212
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October 03, 2018, 03:56:26 AM
#66
yes that's what those who don't know the difference between ico and bitcoin and those traders who panic easily make them panic and sell all digital currency assets including bitcoin they have at a very cheap price and make the price condition at the exchange place collapse this badly.
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