China bans bitcoin EVERY year | Bitcointalksearch.org

Roman Coinson

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China will introduce taxes on the bitcoin transaction and this will be the best way out)

Aufar

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Because Bitcoin helps humanity and many in their country have made the law of Bitcoin which means Bitcoin is the best of the best currencies in the market and is still very stable and popular in the market.

in many countries in their economies, and also reduce unemployment in many countries.

So far China has a big role in this industry so if there is a regulation about crypto it will affect the price even if only rumors.

yes..we all know that most miners come from the country and I'm sure this will have a big impact on the bitcoin system, in the hope that it will not happen

bolbau

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the pattern that occurred as if it had been planned. china as one of the countries with the largest cryptocurrency users feel they have more power to manipulate the market. I think there is a lot of interest in china, both from businessmen and goverment itself.

angelakrasnova

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I always thought that in chinae about bitcoin there would never be any restrictions but it turns out I was just in the hope that my beloved country protso does not want to develop in this direction.

ilyashpakin2015

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The prohibition of bitcoin in China and the cancellation of all ICOs caused a sense of uncertainty among the participants of the event - start-ups, investors, and crypto-currency funds.

BitlumensCN

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Second.

btccashacc

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Thanks for making this, but one thing that makes me scares their government would regulate mining farm due to it consumes more electricity we all know that mostly miners come from that country and I believe it will bring big impact for the bitcoin system, hoping that it will not happen. So far China has a big role in this industry so if there is a regulation about the crypto it will affect the price even though it's just a rumor.

royalfestus

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Everyone who hated bitcoin are rallying, thinking it is bitcoins end. I like to tell new investor that it is our it works here. News drive bitcoin value either up or down. Patience is a virtue for hodling bitcoin. february will also be a period that will move the coin with stated US congresses on the currency, after this, we might see a steady rise. This part of the year there are few investors that may want to take profit that could be the reason for the rate of rise.

Harlot

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I wouldn't be surprised if China is holding millions of Bitcoin by now. We can say that it is an orchestrated FUD delivered by their own government in order for them to have more Bitcoin for themselves. With the unclear news and lack of reputable news sources it creates panic to the global market resulting into the downfall of the cryptocurrency. But it is all just speculation for now as I don't have any proper evidence to my claim. But I don't see any reason why China always change their statements about Bitcoin.

Tuesto

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According to the information I have given, there is no such prohibition. But if it does, bitcoin will be a great danger.I hope it is not something like this.

cryptobluemoon

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no government can ban bitcoin so we need to understand banning bitcoin is to show fear for new investors

1NV3ST0NM3

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Quote from: javkot on January 16, 2018, 05:46:48 PM

Jan 2014, China bans bitcoin trading
https://www.reuters.com/article/us-china-bitcoin/alibaba-division-bans-bitcoin-after-china-crackdown-as-ipo-looms-idUSBREA070F620140108

Apr 2014, China won't ban bitcoin
https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin

May 2015, bitcoin supposedly banned in china
https://www.ccn.com/top-10-countries-bitcoin-banned/

Nov 2015, bitcoin not banned in China
https://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/

Jan 2016, China wants to release their own coin with potential threats of btc ban again:
http://bitcoinchaser.com/crypto-currency-china

June 2016, bitcoin not banned in China
https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

Jan 6 2017, china threatens to ban bitcoin
https://themerkle.com/how-the-peoples-bank-of-china-denied-bitcoins-ath/

Oh, but a week later, Jan 13 2017, China isn’t banning bitcoin
https://themerkle.com/why-china-isnt-interested-in-banning-bitcoin-importance-of-regulation

Sep 2017, again China bitcoin FUD due to ICO ban
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/09/why-china-crushed-bitcoin

And crypto exchanges were dead in China by early nov 2017
https://www.forbes.com/sites/kenrapoza/2017/11/02/cryptocurrency-exchanges-officially-dead-in-china/#19938f52a839

JUST BEFORE the BOOM to nearly $20,000!

currently, Jan 2018, china threatens to ban bitcoin causing btc decline
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-china-exchange-ban-cryptocurrency-trading-government-a8161721.html

This is just a tip of the iceberg, this Asian BTC-FUD has probably happened a dozen or more times over the last 4-5 years.

And now we are going to see another BTC all-time high in the coming months!

Haha curious I never knew this. So we should really contact China and ask them to settle all this at once and decide what they want with bitcoin and cryptos. I think China being such a huge market has a great impact on the price of bitcoin. When on peak chinese exchange's had a much higher price of bitcoin than the rest of the world but I still think that China won't be able to come up with a complete ban rather it might just hold off things for sometime. Market will recover soon.

criz2fer

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Quote from: supine on January 16, 2018, 06:03:24 PM

China is really a good market manipulator. Just imagine how many good businessmen are out there in China. China does it every now and then, they will spread news that they will ban and then prices would go down. They will cancel their news and buy bitcoin at cheap price. Just play a long with their game, and you will surely gain too.

Businessmen's that want to buy smaller price of bitcoin by paying/donating media to make FUD. A great strategy specially if you have a lot of money to manipulate the market. Although this would really affect the market so big. Its better to join them than to beat then right? Hope this coming month, bitcoin could recover from these FUD.

Candyeye

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Quote from: Kotone on January 16, 2018, 10:36:39 PM

Quote from: javkot on January 16, 2018, 05:46:48 PM

Jan 2014, China bans bitcoin trading
https://www.reuters.com/article/us-china-bitcoin/alibaba-division-bans-bitcoin-after-china-crackdown-as-ipo-looms-idUSBREA070F620140108

Apr 2014, China won't ban bitcoin
https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin

May 2015, bitcoin supposedly banned in china
https://www.ccn.com/top-10-countries-bitcoin-banned/

Nov 2015, bitcoin not banned in China
https://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/

Jan 2016, China wants to release their own coin with potential threats of btc ban again:
http://bitcoinchaser.com/crypto-currency-china

June 2016, bitcoin not banned in China
https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

Jan 6 2017, china threatens to ban bitcoin
https://themerkle.com/how-the-peoples-bank-of-china-denied-bitcoins-ath/

Oh, but a week later, Jan 13 2017, China isn’t banning bitcoin
https://themerkle.com/why-china-isnt-interested-in-banning-bitcoin-importance-of-regulation

Sep 2017, again China bitcoin FUD due to ICO ban
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/09/why-china-crushed-bitcoin

And crypto exchanges were dead in China by early nov 2017
https://www.forbes.com/sites/kenrapoza/2017/11/02/cryptocurrency-exchanges-officially-dead-in-china/#19938f52a839

JUST BEFORE the BOOM to nearly $20,000!

currently, Jan 2018, china threatens to ban bitcoin causing btc decline
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-china-exchange-ban-cryptocurrency-trading-government-a8161721.html

This is just a tip of the iceberg, this Asian BTC-FUD has probably happened a dozen or more times over the last 4-5 years.

And now we are going to see another BTC all-time high in the coming months!

China has been a place where it has capitalized on it influencing the market by being a land where countries can build companies and establishments because of their workforce being readily available. In turn the chinese government is able to also in a way manipulate and influence certain stock prices by a myriad of ways because of their dtanding in the business sector and economic structure of a lot of countries that are embedded in the land of he Republic of China.

I don’t know what massage bitcoin want to give bitcoin stop care about any ban and I’m sure that china will come back after some time because bitcoin is helping to a lot of countries in their economy and it also reduced unemployment in many countries because bitcoin is helping humanity and a lot of countries they have made bitcoin legal which mean bitcoin is best of the best currency in market and still it’s very stable and popular in market.

dicom

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Activity: 123

Merit: 12

China does not prohibit bitcoin, just do not think it is a currency, of course, bitcoin is now just a virtual product, even if the circulation of the world is only a transfer function, which itself involved in money laundering activities, so the need for an anti-money laundering protocol to join Trading platform

seoincorporation

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Activity: 3290

Merit: 3092

Quote from: javkot on January 16, 2018, 05:46:48 PM

Jan 2014, China bans bitcoin trading
https://www.reuters.com/article/us-china-bitcoin/alibaba-division-bans-bitcoin-after-china-crackdown-as-ipo-looms-idUSBREA070F620140108

Apr 2014, China won't ban bitcoin
https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin

May 2015, bitcoin supposedly banned in china
https://www.ccn.com/top-10-countries-bitcoin-banned/

Nov 2015, bitcoin not banned in China
https://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/

Jan 2016, China wants to release their own coin with potential threats of btc ban again:
http://bitcoinchaser.com/crypto-currency-china

June 2016, bitcoin not banned in China
https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

Jan 6 2017, china threatens to ban bitcoin
https://themerkle.com/how-the-peoples-bank-of-china-denied-bitcoins-ath/

Oh, but a week later, Jan 13 2017, China isn’t banning bitcoin
https://themerkle.com/why-china-isnt-interested-in-banning-bitcoin-importance-of-regulation

Sep 2017, again China bitcoin FUD due to ICO ban
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/09/why-china-crushed-bitcoin

And crypto exchanges were dead in China by early nov 2017
https://www.forbes.com/sites/kenrapoza/2017/11/02/cryptocurrency-exchanges-officially-dead-in-china/#19938f52a839

JUST BEFORE the BOOM to nearly $20,000!

currently, Jan 2018, china threatens to ban bitcoin causing btc decline
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-china-exchange-ban-cryptocurrency-trading-government-a8161721.html

This is just a tip of the iceberg, this Asian BTC-FUD has probably happened a dozen or more times over the last 4-5 years.

And now we are going to see another BTC all-time high in the coming months!

Great information, man, Thanks.

Yep, China has been a while trying to crash BTC in the market, stoping transactions… and now, besides all the information you show us, they are trying to stoping mining!!!! China has the 2/3 of the BTC mining in the world, as “el diario” published last January, 11th, due the low price of electricity. Now they intend to control electricity consume in order to identify miners and stop their activity!!

I don’t know why are they so concentrated in banning BTC, but surely it has its own motifs, because, as you show us, they just will not stop because they are the biggest holders.

BitcoinPanther

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Activity: 1918

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There is an upcoming update on Bitcoin Network, the implementation of its LN this first quarter ( if i am not mistaken) will certainly boost bitcoin price. And this made me think that this dip is just a manipulative act to accumulate bitcoin in lower price. I believe even if China bans Bitcoin every year, it will not over ride the hype brought by the good news of LN implementation. Bitcoin will definitely recover and will break its ATH again and again.

Carlsen

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I think the list of op shows good how resilient bitcoin has become.
Every year multiple new life threatening scenarios are dragged through the media.
Some of them even creat major dips of bitcoin price, but after a while the price recovers and bitcoin takes another attempt to a new all time high.
This time it won't be any different.

Ayaancool

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Activity: 308

Merit: 100

China is trying to hold that money also in to their own country. They got inspired by bitcoins amazing growth. So they would like to introduce their own crypto coin , so to improve it's demand they played a threaten drama . Don't bother it this fall gonna make up by bitcoin with in few days.

zarados

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Activity: 364

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Well, it is not easy for China to be able to simply ban the circulation of bitcoin in the country. Moreover, China is one of the countries with the largest number of bitcoin investors in the world. Of course, they need special consideration, how the impact on the decision they will take for this cryptocurrency. If they forbid, investors will move their assets out of China, and that would be a big loss for the government because assets worth billions of dollars would move and this could affect the economy in China.

Topic: China bans bitcoin EVERY year (Read 672 times)