It looks like a very good news, the Chinese are certainly already preparing for the investment ... and certainly not just them.
But is the BTC mining still profitable at the current price there? In other words, is anyone able to count whether the costs of electricity do not exceed the profitability of mining in China?
Topic: China is Back to BTC Business - page 3. (Read 647 times)
Well, that is good news to us as a crypto enthusiast that having a big chance and hope that Bitcoin(cryptos) price will probably raise up from the drastically dipped. However, if that is true, we know that the country of China has the biggest population who can adopt Bitcoin and other cryptos, there is no reason Bitcoin price will not raising up. I think if that is true Bitcoin price now showing signs to raise up.
That was posted November 9 at this current year and hopefully, the author was telling the truth. China is one of the biggest crypto adopters all over the world and I think they are the main player of these cryptocurrencies. Then, this is the good news there will a high chance that this last quarter of the year there's a possibility that the entire market will back raised again.
But let me say that even if this news is true it is not enough to move the price into the other direction, history telling us BTC can easily ignore all news and head to the direction it wants ( whale wants ).
Yes, you are right, this news will not having an effect on the market if they did not invest more through Bitcoin.
Such news from China is for sure matters and will affect the market soon or later, I don't how some people claim that chain is not important, let me tell you china is one of the main players in Crypto market and more specific in BTC, any news coming from China do matter.
But let me say that even if this news is true it is not enough to move the price into the other direction, history telling us BTC can easily ignore all news and head to the direction it wants ( whale wants ).
But let me say that even if this news is true it is not enough to move the price into the other direction, history telling us BTC can easily ignore all news and head to the direction it wants ( whale wants ).
Does the news have the truth? If that is true, then China is the biggest bitcoin adopter country like last year. That way, the bitcoin market will rise again.
but there is news today that Asia is leaving Bitcoin. but hearing this news, i hope it's right, so that at the end of this year we can see a surge in prices like last year, even though at the moment I'm sure many are frustrated 
Does the news have the truth? If that is true, then China is the biggest bitcoin adopter country like last year. That way, the bitcoin market will rise again.
Bitcoin in china is as it is news
It ls legal payments method
Chinese can own and pay with crypto
There are sites what are accepting btc
However there is still ban on trading crypto
If you think that China will like that leave crypto that you are wrong
There is 41 approved blockchain patents in China
There are estimates that blockchain will be worth 102 trillion dollars in near futures
three times more than internet is worth now
It is big game China wants to dominate blockchain business
It is why we have Ripple pump because some people have found that thanks supporting Ripple will be possible to limit China domination over bitcoin
That is yet another war that time technology war
Price look chart it is series of flash crash remove big orders and sell than people in panic are selling
Look twitter Twitter is full of posts Btc is going 2000 K or bitcoin will be not Nr 1 again
It ls legal payments method
Chinese can own and pay with crypto
There are sites what are accepting btc
However there is still ban on trading crypto
If you think that China will like that leave crypto that you are wrong
There is 41 approved blockchain patents in China
There are estimates that blockchain will be worth 102 trillion dollars in near futures
three times more than internet is worth now
It is big game China wants to dominate blockchain business
It is why we have Ripple pump because some people have found that thanks supporting Ripple will be possible to limit China domination over bitcoin
That is yet another war that time technology war
Price look chart it is series of flash crash remove big orders and sell than people in panic are selling
Look twitter Twitter is full of posts Btc is going 2000 K or bitcoin will be not Nr 1 again
Whatever, If from statically point of view can someone convince me?? why the BTC has not bounce back after the weekly average low instead of over sold in RSI?
I appreciate the attempt to cheer people up, but the selling isn't coming from the people here. Most of the forum lurkers know that there is no point in selling anymore unless there is an urgent need of funds to cover bills.
Is it just me who's noticed it's been largely a lot more sensible around here and also a lot quieter? Perhaps all, or most, of the money grabbers left?
On the initial post, I believe that this news was reported to be false and that bitcoin is still not legal in China.
See what happens in Korea.Falling without volume, it is not supported.
I'm sure I read a couple of articles very recently debunking this China news, but I'm not sure if anyone here still gives a shizzle about China. We're way better off without their casino mentality.
I appreciate the attempt to cheer people up, but the selling isn't coming from the people here. Most of the forum lurkers know that there is no point in selling anymore unless there is an urgent need of funds to cover bills.
Last year on the way up bad news couldn't influence the price, neither does it so right now with positive news on the way down. Let's hope we'll see $3000 soon and have it become a bottom.
I appreciate the attempt to cheer people up, but the selling isn't coming from the people here. Most of the forum lurkers know that there is no point in selling anymore unless there is an urgent need of funds to cover bills.
Last year on the way up bad news couldn't influence the price, neither does it so right now with positive news on the way down. Let's hope we'll see $3000 soon and have it become a bottom.
Shorting on that pseudo btc futures make people better money than buying real btc
I'm sure I read a couple of articles very recently debunking this China news, but I'm not sure if anyone here still gives a shizzle about China. We're way better off without their casino mentality.
I appreciate the attempt to cheer people up, but the selling isn't coming from the people here. Most of the forum lurkers know that there is no point in selling anymore unless there is an urgent need of funds to cover bills.
Last year on the way up bad news couldn't influence the price, neither does it so right now with positive news on the way down. Let's hope we'll see $3000 soon and have it become a bottom.
I appreciate the attempt to cheer people up, but the selling isn't coming from the people here. Most of the forum lurkers know that there is no point in selling anymore unless there is an urgent need of funds to cover bills.
Last year on the way up bad news couldn't influence the price, neither does it so right now with positive news on the way down. Let's hope we'll see $3000 soon and have it become a bottom.
A little hidden news .Not advertised by Coindesk or any other western press
Bitcoin is legal asset in China
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
According to a recent report by CnLedger, the crypto ban is now a thing of the past in China, as virtual currencies have been legalized as a mode of payment to be accepted by people and business entities as. The Shenzen Court of International Arbitration was quoted as saying;
Instead of that news we are receiving scary news about regulation in USA and famous dead of bitcoin
https://www.btcnn.com/cryptocurrency-news/bitcoin-news/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/
hope you are better now
And report from 3 november
This week in crypto:
1. Bitcoin 10 year anniversary
2. Janet Yellen now owns Bitcoin
2. Ron Paul calls for no crypto tax
3. Bitstamp acquired by NXC
4. @binance signs up 40k in Uganda
5. Coinbase raised $300M
6. Morgan Stanley says crypto is institutional asset class
Bitcoin is legal asset in China
China Lifts Bitcoin Ban; Individuals and Businesses Can Now Own Cryptocurrencies Legally
According to a recent report by CnLedger, the crypto ban is now a thing of the past in China, as virtual currencies have been legalized as a mode of payment to be accepted by people and business entities as. The Shenzen Court of International Arbitration was quoted as saying;
Instead of that news we are receiving scary news about regulation in USA and famous dead of bitcoin
https://www.btcnn.com/cryptocurrency-news/bitcoin-news/china-lifts-bitcoin-ban-individuals-and-businesses-can-now-own-cryptocurrencies-legally/
hope you are better now
And report from 3 november
This week in crypto:
1. Bitcoin 10 year anniversary
2. Janet Yellen now owns Bitcoin
2. Ron Paul calls for no crypto tax
3. Bitstamp acquired by NXC
4. @binance signs up 40k in Uganda
5. Coinbase raised $300M
6. Morgan Stanley says crypto is institutional asset class
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