But, that's just temporary. Let's look at the brighter future
Topic: China calling for a wider ban on Crypto currency trading ? - page 2. (Read 1610 times)
In recent times, when legislation was in place to regulate Bitcoin, bad news appeared
But, that's just temporary. Let's look at the brighter future
But, that's just temporary. Let's look at the brighter future
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
This information doesn't mean anything, and China still has a lot of people trading and investing in encrypted currencies.
It is as if the country has put a traffic light on the road and let people obey it. We can still see people running red lights. The state thinks you are wrong and the rules are his.
There is no technical way to ban encrypted money, and as long as it is recognized, it will exist.
Is China an isolated country where its citizens can not send or receive money from abroad? If they can, they can trade crypto currencies abroad? Also, I am pretty sure that the hardcore traders will find ways to trade crypto currencies while exchanges are prohibited in China. Thanks to the digital world of the internet and I doubt that the government of China can effectively prevent those activities.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
I love those kind of news.
I'm wondering, is it the reason why bitcoin starting to goes down?
That kind of news is one of the reason that affects bitcoin or let's whole crupto currency price.
And for me that news is a good to be true. Knowing the fact that they cannot bring down the father of all crypto and that's bitcoin.
Many whales/pro-trader is celebrating if that news affect much the industry of bitcoin, computing their own future profit. ROFL
These so-called bans on crytocurrency tradings are actually useless. Whatever the governments do, people will always find ways to make things possible. Privacy coins will be the trend because of this. And there many privacy coins. One example is DeepOnion. It is the best alternative, and the privacy coin in its category because of its technology. It features the latest TOR protocol, OBFS4, MEEK, DeepSend, DeepVault, etc.
I think nobody really cares now what China says. They always say that and then you hear that most Chinese traders still secretly trades crypto and even migrate to continue what they are doing.
People still care about what happens in China, I'm not really sure why since China has chosen to withdraw from the market of cryptocurrencies and I suppose it's kind of difficult to let go of old habits and people still put attention to China thinking that is still as powerful as it was just a few years ago when it came to the influence it had over bitcoin but that has changed.There is nothing like that and that such thing will never happen, instead China is going to declare this as legal currency very soon.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
This information doesn't mean anything, and China still has a lot of people trading and investing in encrypted currencies.
It is as if the country has put a traffic light on the road and let people obey it. We can still see people running red lights. The state thinks you are wrong and the rules are his.
There is no technical way to ban encrypted money, and as long as it is recognized, it will exist.
I think nobody really cares now what China says. They always say that and then you hear that most Chinese traders still secretly trades crypto and even migrate to continue what they are doing.
People still care about what happens in China, I'm not really sure why since China has chosen to withdraw from the market of cryptocurrencies and I suppose it's kind of difficult to let go of old habits and people still put attention to China thinking that is still as powerful as it was just a few years ago when it came to the influence it had over bitcoin but that has changed.There is nothing like that and that such thing will never happen, instead China is going to declare this as legal currency very soon.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
That's bad news.
From the current market, it is true that the encryption market has been very volatile, because it has been down for several days.
In the long run, the encryption market will not die, because it will be helpful to people, and the blockchain technology will be widely used, and the market will only eliminate some useless currencies.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
This information doesn't mean anything, and China still has a lot of people trading and investing in encrypted currencies.
It is as if the country has put a traffic light on the road and let people obey it. We can still see people running red lights. The state thinks you are wrong and the rules are his.
There is no technical way to ban encrypted money, and as long as it is recognized, it will exist.
I think nobody really cares now what China says. They always say that and then you hear that most Chinese traders still secretly trades crypto and even migrate to continue what they are doing.
People still care about what happens in China, I'm not really sure why since China has chosen to withdraw from the market of cryptocurrencies and I suppose it's kind of difficult to let go of old habits and people still put attention to China thinking that is still as powerful as it was just a few years ago when it came to the influence it had over bitcoin but that has changed.There is nothing like that and that such thing will never happen, instead China is going to declare this as legal currency very soon.
They work for themselfs, not for humanity, and what ever they do that doesn`t touch me. I would like we to be concentrated on better things and how to rise awareness about bitcoin and all cryptocurrencies in our own countries, to not happen what is happening there.
I think nobody really cares now what China says. They always say that and then you hear that most Chinese traders still secretly trades crypto and even migrate to continue what they are doing.
People still care about what happens in China, I'm not really sure why since China has chosen to withdraw from the market of cryptocurrencies and I suppose it's kind of difficult to let go of old habits and people still put attention to China thinking that is still as powerful as it was just a few years ago when it came to the influence it had over bitcoin but that has changed.There is nothing like that and that such thing will never happen, instead China is going to declare this as legal currency very soon.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
That's bad news.
From the current market, it is true that the encryption market has been very volatile, because it has been down for several days.
In the long run, the encryption market will not die, because it will be helpful to people, and the blockchain technology will be widely used, and the market will only eliminate some useless currencies.
A senior official at the people's bank of China has called for a broader ban on the country's digital currency trading services.
But that does not stop the cryptocurrency.
Germany, Japan and other countries have recognized the legal status of bitcoin, and some U.S. states are trying to legislate for bitcoin.
We should pay more attention to some useful news.
But that does not stop the cryptocurrency.
Germany, Japan and other countries have recognized the legal status of bitcoin, and some U.S. states are trying to legislate for bitcoin.
We should pay more attention to some useful news.
I mean some single cases, to be proposed in any other country
Nothing is being proposed in any other country and china is not calling for any wider ban on cryptocurrency and whatever anyone is telling you right now are just pointless. If Chinese regulators want the country to opt out from cryptocurrency entirely, no one is stopping them but using fake news by some people to generate FUD in the community is uncalled for and has to stop. Time we stopped paying attention to too much negative news. 
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
The news is usually not effective in the market.
South Korea started the same program to regulate the market.
It is difficult to completely ban the encryption of money, but China can control it fairly rigorously.
China is manipulate with bitcoin news for years, I get a feeling that all those miners in China actually work for their government. Until now I saw Chinese banning bitcoin several times and soon after changing that decision.
Last year manipulations with bitcoin and bitcash were interesting to watch, we saw how Chinese coordinate attack on bitcoin network, pushing bitcoin price down and bitcash price up, in the same time news from everywhere lead people to dump bitcoins at dropped price and to buy bitcash on top, many people fall on their trick.
I stated before and I will do it again, I don't believe in nothing that comes from Chinese, they are masters in manipulations, communists that is all they know to do.
If they want to keep manipulating, that is their cup of tea, if the Asian whales want to be spreading fake news, which is also their cup of tea. At the end, who cares expect those that want to jeopardize their positions in the market.
I think nobody really cares now what China says. They always say that and then you hear that most Chinese traders still secretly trades crypto and even migrate to continue what they are doing.
People still care about what happens in China, I'm not really sure why since China has chosen to withdraw from the market of cryptocurrencies and I suppose it's kind of difficult to let go of old habits and people still put attention to China thinking that is still as powerful as it was just a few years ago when it came to the influence it had over bitcoin but that has changed.
One of my friends sent me this today. He says this is a statement of a person who participated for a meeting about cryptocurrency in US. ''
House ICO Hearing: overall, still low awareness of the technology and the cryptomarket: 'cryptocurrencies are a crock' and are used only to fund terrorism, claimed California Representative. However, other Representatives urged the Congress to properly study the subject before rushing into regulations. The end of the discussion was positive too: 'I believe that this is probably hello and not goodbye'.
House ICO Hearing: overall, still low awareness of the technology and the cryptomarket: 'cryptocurrencies are a crock' and are used only to fund terrorism, claimed California Representative. However, other Representatives urged the Congress to properly study the subject before rushing into regulations. The end of the discussion was positive too: 'I believe that this is probably hello and not goodbye'.
Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer
The news is usually not effective in the market.
South Korea started the same program to regulate the market.
It is difficult to completely ban the encryption of money, but China can control it fairly rigorously.
if china and korea close the link exchange is difficult to access and stop, why this latest technology can not be accepted whether there should be an update system and this technology must be handled because this is a good thing for the economic growth and welfare of the people who are free to work and are expressed to help a future tomorrow and new ideas will emerge.
Jump to: