Topic: china coming back ? - page 3. (Read 703 times)
Yes, I have heard this news too. But I do not know anything about this. If China comes back to Bitcoin, then I think the price of BTC will be increased. Because China's contribution to bitcoin is much more. So China has a lot of influence in bitcoin. We hope China will come back to bitcoin again.
I think there might be some bad news, they acquire all the coins cheap and then it moonshots afterwards. Might be in Dec/January
Without any strong source any news/updates coming from china is just fud/hype, we have seen hundreds of them in past.
Its better to wait and watch, if you are just linking this with recent bitcoin price boom than I think this is unrelated. Currently price is pumping because of upcoming fork which might split bitcoin community into two distinctive half.
Its better to wait and watch, if you are just linking this with recent bitcoin price boom than I think this is unrelated. Currently price is pumping because of upcoming fork which might split bitcoin community into two distinctive half.
They're gonna lift the ban. Most Chinese businessmen wouldn't let this phenomenon pass and milk the hell out of bitcoin as long as they can. Some bitcoin traders I know of that came from China move to a more bitcoin-friendly Japan as of the moment to still be in the action, so that itself speak volumes that the Chinese still want to get involved in bitcoin no matter what the cost may be. PBoC might come back to state that they are now lifting the ban though certain regulations, this time stricter, are in place for any potential bitcoin scam that may arise.
The Chinese traders haven't abandoned BTC because of the ban. They moved. You could see that in both the price and volume. When the rumors were confirmed there was a selloff, but not big enough, meaning that they haven't sold, they just stopped trading and moved the coins to other exchanges. Not long after the volume in Japan and Hong Kong went up drastically. If China comes back we'll go up again, but it won't be huge because like I said they are already trading.
Not only China is rich, but many other countries have hidden wealth that is not very visible, and bitcoin prices will continue to grow due to the growing interest as time passes, and this price grows naturally.
what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of new government or something like that i don't know correctly
Well, there is nothing impossible especially if we are talking of China as these people are really good on projecting the power that they are holding. Seriously speaking though I don't want China to be back into the Bitcoin and cryptocurrency market on the basis that this country has been good in manipulating all of us. I have no ax to grind with its people but am talking here about their government...it is a government that can be saying one thing and without you knowing it doing something else behind.
We have already shown that Bitcoin can all survive and prosper without the presence of the Chinese market. Anyway, money from wealthy Chinese still find their way to the Bitcoin market as money just like water can always find the way. However, I am aware that China can also help push the value of Bitcoin towards the $10,000 mark.
Almost certain they lift the ban imo. Their government won’t want to miss out on all the taxes that they can earn from exchanges & mining farms.
what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of new government or something like that i don't know correctly
rumors, mid january comeback
what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of new government or something like that i don't know correctly
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