China is a strange blend of free market and centralized economy, and most of politicians still have communist mentality.
So it's normal that they don't like that their citizens had the possibility to transfer big sums of money without any control by government.
But I think they will find a way to make just some rules to have a more controlled crypto system.
There is no sense in a total ban.
Topic: China is blocking all the Crypto-Currency Exchange sites and ICOs - page 2. (Read 682 times)
February 16, 2018, 06:16:40 AM
February 15, 2018, 01:01:31 PM
Chinese politicians are obsessed with control, and the idea that population could make free trades make them crazy, so they react hysterically.
But there is no much that they can do, at global level: when bitcoin will become generally accepted, you can bet that chinese will change their mind.
But there is no much that they can do, at global level: when bitcoin will become generally accepted, you can bet that chinese will change their mind.
February 14, 2018, 05:53:01 PM
China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the country’s final crackdown on the industry. - CCN
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
It is to be expected these measures keep getting tighter so if anyone can get their money out of China do it now, you may not have another chance to do it in a long time with such an oppressive regimen, it is such a shame really, the Chinese had a very strong lead in cryptocurrencies and they could have changed the world with it and defeated the US dollar as the world currency but now they are going to be left behind and if they want to get in again it will be too late. What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
February 14, 2018, 05:42:09 PM
i think china is planning something big. they want to prevent illegal use of cryptocurrency and maybe to regulate it. because they can't control it they want to ban it. maybe later when they can solve this problem they can un-ban cryptocurrency in their country.
February 14, 2018, 05:31:50 PM
I think this is already a recycled news to create FUD in the ecosystem of cryptocurrency. China is not the only one who trade in the world and there are more alternative trading platform that is not based in China that is operating smoothly. The owners can also create their own platform outside China if the government doesn't allow cryptocurrency trading. I doubt if China will do such actions.
February 14, 2018, 05:26:56 PM
i do not understand with what is done by china. they want to master bitcoin and crypto world, and they also want to create crypto. but they use the wrong way. they just make the crypto world sick.
and today they ban ICO and blocking exchange . is this information correct? because I see there is still an ICO they make, like a zipper.
so I'm still doubt of what you wrote,
and today they ban ICO and blocking exchange . is this information correct? because I see there is still an ICO they make, like a zipper.
so I'm still doubt of what you wrote,
February 14, 2018, 05:06:12 PM
Well, chinese people are smart, but don't forget that to make something illegal in China is not a so good idea: Chinese leadership has no sense of humor, and if you break the law you likely will face jail or even death penalty.
The Chinese, in any case, will find a way to bypass prohibitions related to the crypto currency, because the potential for crypto currency is high in terms of development. No wonder the whole world is sitting on Chinese phones. 
February 14, 2018, 04:50:45 PM
They wouldn't want to actually lock themselves out of something which is likely to be a huge industry moving forward, probably shouldn't worry about all the banning FUD flying around too much.
February 14, 2018, 04:35:46 PM
They are just making it hard but they know there are still going to be loopholes since cryptos can be very lucrative investments.
Once China have their own cryptocurrency is when they will step in and regulate it. They are just preparing for it.
Once China have their own cryptocurrency is when they will step in and regulate it. They are just preparing for it.
February 14, 2018, 04:35:19 PM
China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the country’s final crackdown on the industry. - CCN
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
I can not understand why China is doing this. But I think that people will be able to learn news about the crypto currency in this forum and look for ways to use their coins.
China is not famous for granting freedoms to its citizens, they rather want to keep everything under control. And "under control" is perhaps the most incompatible term with crypto, because it is very difficult to control, if at all. Add to that the number of mining organizations and investors in China, and you can see how easily these people can take a lot of money off the grid. I doubt the Chinese government would love this that much.
If the government can't control it they will do whatever they can to at least keep it toned down , it will be interesting to see how and if crypto will be used in the future.
February 14, 2018, 04:34:01 PM
I don't think the Chinese government has a big impact on this measure.
Because the Chinese can still use a VPN to break through this restriction, just like I do now, I use a VPN and then communicate with you.
Because the Chinese can still use a VPN to break through this restriction, just like I do now, I use a VPN and then communicate with you.
hahahahah you sir are a legend!!! fight the power
February 14, 2018, 04:32:08 PM
China is reportedly aiming to block all websites, both domestic and foreign, related to cryptocurrency trading and initial coin offerings (ICOs) in what could be the country’s final crackdown on the industry. - CCN
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
I can not understand why China is doing this. But I think that people will be able to learn news about the crypto currency in this forum and look for ways to use their coins.
China is not famous for granting freedoms to its citizens, they rather want to keep everything under control. And "under control" is perhaps the most incompatible term with crypto, because it is very difficult to control, if at all. Add to that the number of mining organizations and investors in China, and you can see how easily these people can take a lot of money off the grid. I doubt the Chinese government would love this that much.
February 14, 2018, 04:10:53 PM
I think Chinese will any way find how to earn cryptocurrency. And no one will be stopped by government, because if the man really wants - he will do that. The same I think about China and cryptocurrency))))
So in any situation they will find the way to earn and speculate crypto
So in any situation they will find the way to earn and speculate crypto
February 14, 2018, 03:53:15 PM
The Chinese, in any case, will find a way to bypass prohibitions related to the crypto currency, because the potential for crypto currency is high in terms of development. No wonder the whole world is sitting on Chinese phones.
February 14, 2018, 03:46:06 PM
Chinese government is obsessed with control, so it can't tolerate the idea that people could move money in an anonymous way.
But it's an antihistorical decision, because the rest of the world won't stop.
We'll see, it will be a bloody war.
But it's an antihistorical decision, because the rest of the world won't stop.
We'll see, it will be a bloody war.
February 14, 2018, 12:15:53 PM
Frankly speaking, I think that China has a very strong influence on the world and on the whole of the crypto currency, because there is a large number of miners of our beloved bitcoin concentrated there. Therefore, I think that it is China that can prohibit the whole of the crypto currency
Perhaps all these actions are connected with something more global. Perhaps the Chinese government is looking for ways to profit from all this, and first of all to get control of this business completely. February 14, 2018, 11:59:38 AM
Frankly speaking, I think that China has a very strong influence on the world and on the whole of the crypto currency, because there is a large number of miners of our beloved bitcoin concentrated there. Therefore, I think that it is China that can prohibit the whole of the crypto currency
February 14, 2018, 11:52:02 AM
If that's true, I think a bit more will definitely affect the market crypto currency. Because as we know, China is one of the biggest markets. As we now feel, bitcoin & altcoin rates drop dramatically. Probably one factor because of the issue.
February 14, 2018, 11:28:17 AM
China is certainly the country in the world that is most opposed to the cryptocurrency sector. He is trying in every way to make restrictions of all kinds to limit the use of cryptocurrencies in his territory, I am sorry that the chinese have to live this absurd situation
February 14, 2018, 10:31:36 AM
blocking is not a solution. domain can move and everything go on with same form. we will win, not government!
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