Topic: China bans Bitcoin again in 2021 - page 4. (Read 1846 times)
this will lead to another big dip in the market today, watching out the effects of what happened 2017 it's really a year of unforgettable for crypto currency. well there is no country or state in control of bitcoin so it's effect will be limited.
In fact, Bitcoin is not under the control of any organization, country, institution, or company. Its fair, open, and just operating mechanism has gained a world-level consensus. This consensus is by no means a country that can control, or influence, or even It can be said that even if all nodes in a certain country withdraw and all mining machines are shut down, it will not affect the normal operation of the entire Bitcoin system.
This is Fuds.China is the country with the largest contribution to the global Bitcoin digging network.Besides Elon. They are also who manipulating the market.Bullrun season 2017,they also made the same decision to push the market down and now it's repeating itself.
it's like happened over and over again, the cycle just goes on and on just like what happened in 2017 happened again in 2021, precisely 4 years periodically. Will we face it again in 2025?. It's not shocking news anyway, cause as we know China always been the biggest country in terms of cryptocurrency users and miners. So it's just natural if the price was affected by China's government policy. I don't know was that a conspiracy, or China government genuinely care about electricity use. However, it's always broke my heart when certain parties always try to tackle crypto bull season.
Yeah.. it is almost like 4 years regular interval. Before 2017, there was another crash in 2013 which resulted from the Chinese central bank closing down some of the cryptocurrency exchanges. But the main issue is with markets over-reacting to any such news coming from China. The real impact on the ground will be very minimal, since most of the Chinese users have already moved to exchanges in South Korea and Hong Kong. On paper, the ban is there, but the authorities are unable to implement it across the country.
it's like happened over and over again, the cycle just goes on and on just like what happened in 2017 happened again in 2021, precisely 4 years periodically. Will we face it again in 2025?. It's not shocking news anyway, cause as we know China always been the biggest country in terms of cryptocurrency users and miners. So it's just natural if the price was affected by China's government policy. I don't know was that a conspiracy, or China government genuinely care about electricity use. However, it's always broke my heart when certain parties always try to tackle crypto bull season.
It's still effective for spreading the FUD. China hasn't even unbanned Bitcoin. BItcoin had been banned in China since 2013 and then they ban it again without even unbanning it in 2017 and then again in 2021 they ban Bitcoin again without telling us that they unbanned it already.
Its really interesting how they come up with carbon emission when it's still US and European countries' carbon emission is higher than China.
I agree with you. China has ever accepted Bitcoin and cryptocurrency. They made bans a few times with scam ICOs, IEOs, IDOs and how shit newspapers and social media can spread this good attempts, good regulation as the end of cryptocurrency and Bitcoin in China mainland.Its really interesting how they come up with carbon emission when it's still US and European countries' carbon emission is higher than China.
If governments control scam good, it will give a cleaner space for cryptocurrency.
It is a good news if China will actually put scammers into the jails. It is positive.
And China has ever banned Bitcoin or cryptocurrency.
China bans bitcoin again in 2021.
Another fud in the bull run.
https://twitter.com/Reuters/status/1394665379616673792
How many times do you need to be affected by this? China has been into this for many times now and if we will be affected then we are nothing to contribute and did not learn anything from there.Another fud in the bull run.
https://twitter.com/Reuters/status/1394665379616673792
China will always make things complicated because they are holding the majority of miners of bitcoin in the world.
It's still effective for spreading the FUD. China hasn't even unbanned Bitcoin. BItcoin had been banned in China since 2013 and then they ban it again without even unbanning it in 2017 and then again in 2021 they ban Bitcoin again without telling us that they unbanned it already.
Its really interesting how they come up with carbon emission when it's still US and European countries' carbon emission is higher than China.
This is just the Chinese government reminding investors to pay attention to the risks of investing in cryptocurrencies.
China bans bitcoin again in 2021.
Another fud in the bull run.
https://twitter.com/Reuters/status/1394665379616673792
How many times do you need to be affected by this? China has been into this for many times now and if we will be affected then we are nothing to contribute and did not learn anything from there.Another fud in the bull run.
https://twitter.com/Reuters/status/1394665379616673792
China will always make things complicated because they are holding the majority of miners of bitcoin in the world.
Regarding this matter, objectively speaking, thermal power plants will be shut down, and the corresponding mines will naturally be shut down. Because global carbon emissions are subject to certain restrictions, there is no need to think too much, just keep holding them. May cause price changes, I think it is only temporary
Bitcoin is becoming more and more popular in all countries. Many people are investing in it. People want to invest in Bitcoin instead of panicking when the price drops like today. Then believe that Bitcoin will be necessary. When the time comes, Bitcoin The price will rise and break the high price.
There is some reason for China to do this, but I will always be a loyal believer in Bitcoin. When everything goes down, the important thing is that the Bitcoin market can rise again.
This is a worrying news for participants in the global cryptocurrency market. The development of Bitcoin is a trend, and it will have a better development only if it is gradually adapted. Now it cannot be completely banned, and it can be properly developed in places with abundant power resources. It is expected that Chinese policy makers can study and learn from international experience on the basis of social and financial stability, and explore an industry path suitable for China's development.
The cryptocurrency market is a major trend, and the issuance of digital currency is actually an affirmation of Bitcoin. China cannot really get rid of Bitcoin. Even if they continue to ban the use of Bitcoin, they cannot control the continued popularity of online use of Bitcoin.
Similar things have happened before. Perhaps the panic caused by this time is even greater. I personally think that it may be a kind of inducement. The Chinese government may be more careful in thinking and control everything quietly. After all, Chinese miners and cryptocurrency investors The proportion is very large, and the government transfers digital assets to the centralized national reserve through reasonable, legal and compliant means.Just like Ali’s Jack Ma, there has been no news recently. Does Ant Financial have a certain relationship with Antminer?
I don’t know, but I feel that my thinking is right. I will continue to hold various cryptocurrencies.
I don’t know, but I feel that my thinking is right. I will continue to hold various cryptocurrencies.
Old users will not be overly nervous, only those who have a little knowledge of this will panic. Believe in our faith. 
I feel familiar again that the cycle in 2017 is repeating itself. We all understand and we all know that China is doing the same thing when Bitcoin gains popularity, there will be a big drama going on so that the Bitcoin price really hits its bottom. From this I can already guess, that the price of Bitcoin in the future will experience a very great increase and will even reach the latest ATH again.
When China tries to discount the price of Bitcoin, we must be prepared to fill our bag by buying it at a low price.
absolutely. When China tries to discount the price of Bitcoin, we must be prepared to fill our bag by buying it at a low price.
there're some people around me who dumped their cryptocurrencies during during this FUD and lost their faith in crypto coins. I think it a pity coz I'm sure the day will come when they regret for what they are doing now. Bitcoin is undoubtedly unstoppable and factually we are living in a digital world led by Satoshi. those with weak confidence in Bitcoin will be left behind while those strong believers will size the opportunity and become rich. anyway, it's a good thing for poor person like me
As a Chinese, the people participating in the crypto market in China are quite panic. They are very worried that their assets will shrink or even return to zero. In fact, the early miners who participated in Bitcoin mining were not too worried about this. The vast majority of people who were worried about policies were newcomers who were just starting to invest in cryptocurrencies. Unfortunately, the vast majority of Chinese people don’t even know who Satoshi Nakamoto is or what decentralization is. They just saw that some people made money by buying Dogecoin, so they joined in. As for the Chinese government, these people losing money in the cryptocurrency field will affect the stability of society. The policy introduced this time is mainly aimed at these new users.
Prohibition does not mean prohibiting possession. If a country bans Bitcoin by legislation, when Bitcoin becomes a global reserve, this country will lose the opportunity.
Bitcoin is not like gold. Gold has practical value endorsement, but Bitcoin does not. If Bitcoin is banned globally, then Bitcoin will eventually die out.
For example, a computer program has been developed to be embedded in all computers for monitoring. This is easy to achieve with current technology, and it is no different from a computer virus.
However, as long as a country recognizes Bitcoin, then Bitcoin has value. Or if a small number of local tyrants recognize Bitcoin, Bitcoin is valuable.
For example, a computer program has been developed to be embedded in all computers for monitoring. This is easy to achieve with current technology, and it is no different from a computer virus.
However, as long as a country recognizes Bitcoin, then Bitcoin has value. Or if a small number of local tyrants recognize Bitcoin, Bitcoin is valuable.
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