Topic: China is blocking all the Crypto-Currency Exchange sites and ICOs - page 3. (Read 682 times)
February 14, 2018, 10:27:08 AM
I do not like it. But if China prohibits, the purchase of ico will be less competitive
February 14, 2018, 10:25:20 AM
I hope Chinese people can use VPN. Is it banned in their country?
It is illegal to set up a server to provide VPN services.However, it is not illegal to use a VPN because there are many people who use VPN, and the government is totally unable to control the occurrence of such things.
February 14, 2018, 10:24:12 AM
That is maybe a tenth time this fake news went out. China is not blocking exchange sites and ICOs, but they do want to regulate them. Some permanent blocks could be necessary along the way through, nothing to be worried about, only annoyed, and only if you are a Chinese trader.
You must understand that Chinese Government only wants to find the way to make this for their benefit, if not to protect people.
China may block all non-Chinese projects in the future though. That is what they did with search engines, news portals etc. They have their versions of everything, even iPhone. That way all the money is staying in China. It is called a strategy, we can argue it (especially about the intellectual property and patent rights) but it is valid.
No, the Chinese government does want to limit the existence of these exchanges.You must understand that Chinese Government only wants to find the way to make this for their benefit, if not to protect people.
China may block all non-Chinese projects in the future though. That is what they did with search engines, news portals etc. They have their versions of everything, even iPhone. That way all the money is staying in China. It is called a strategy, we can argue it (especially about the intellectual property and patent rights) but it is valid.
I quite agree with you that it is true that the Chinese government only considers its own interests most of the time, not the interests of the people.
February 13, 2018, 10:33:51 AM
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?
If right! This is not good news for digital money! Because there are so many projects and exchange in China!What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
I hope not
February 13, 2018, 10:24:09 AM
I hope Chinese people can use VPN. Is it banned in their country?
February 13, 2018, 09:13:31 AM
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.
February 12, 2018, 10:45:58 AM
After such news, bitcoin will fall even lower. It seems that we are really waiting for support at $ 600.
This news is pretty old if you're talking about the ban on bitcoin, cryptocurrencies and ICO's, last year China already imposed the ban on this coin, but guess the month of December what is the price before the weeks of Christmas? did it dump 600 USD? it's true that it decreases from 20k to a fluctuating price of 8k range, so for me, I doubt it will dump that much, btc gained so much fame, supporters and big investors with a great support from their owned platforms. February 12, 2018, 10:34:45 AM
I think it's probably time to leave China and their views on crypto-currencies and miners from China. I think it's worth moving to another country with a more serious potential, to a country that is not so critical to crypto-currencies.
February 12, 2018, 10:29:30 AM
This is just another trade to make some FUD about crypto. Countries like China are just scared of cryptocurrencies like the most other countries out there. So dont worry guys, we are here for the long run and this will be a great one!
February 12, 2018, 10:26:02 AM
This is not new since CHINA had declare total ban of bitcoin and cryptos before. Yes, it do some damage in the cryptoworld and causes bitcoin to fall down that time but bitcoin showed to us how dominant it is and just a couple of days after that crisis, bitcoin started to skyrocket its market price that went off the charts breaking almost every barrier that's on its way and made a history of reaching its highest market value at 20,000$.
So that is a pure statement that cryptoworld can live without CHINA.
So that is a pure statement that cryptoworld can live without CHINA.
Sure it can live without China. But what if other countries will follow the example of China? Will Bitcoin hold out such a pressure?
February 12, 2018, 09:43:49 AM
This is not new since CHINA had declare total ban of bitcoin and cryptos before. Yes, it do some damage in the cryptoworld and causes bitcoin to fall down that time but bitcoin showed to us how dominant it is and just a couple of days after that crisis, bitcoin started to skyrocket its market price that went off the charts breaking almost every barrier that's on its way and made a history of reaching its highest market value at 20,000$.
So that is a pure statement that cryptoworld can live without CHINA.
So that is a pure statement that cryptoworld can live without CHINA.
February 12, 2018, 09:36:35 AM
this is bad for crypto investment,i hope they reverse this trend
I don't think the Crypto Market World needs Chinese Government in order to proceed on taking over our financial innovation in the future. Whether they adapt Blockchain or not but the Crypto Market clearly doesn't need a portion of the world of pie to be eaten.
I mean, Blockchain and Cryptocurrency would still innovate and revolutionize the way we use money on trading and things we used like payment for products and services locally and internationally.
The fact is, even China disrupts Blockchain and Cryptocurrency and blocking everything then their citizen could still access their Crypto Assets using VPN and other proxy.
February 12, 2018, 08:24:54 AM
this is bad for crypto investment,i hope they reverse this trend
February 12, 2018, 08:22:56 AM
Can you give me a reliable source where I can read more about this? Is this news confirmed by chinese goverment? Or is this just another fud from west?
Here it is https://www.ccn.com/china-ban-block-cryptocurrency-trading-icos-abroad-report/
They are very serious on cracking down blockchain and they don't want to adapt the future because seems they only care of preparing for war, well, it's only my opinion as everyone seeing different things with the same subject.
Although the government has banned exchanges and ICO, we can still use a VPN to solve this problem, and there is no need to worry.
February 10, 2018, 11:31:48 AM
After such news, bitcoin will fall even lower. It seems that we are really waiting for support at $ 600.
Why does the price fall when the news comes out?It has no effect on the Chinese, and I can't understand it.
Indeed, in reality, China couldn't totally block their citizens' access to Blockchain and Crypto related activities because this kinda technology requires large scale technical knowledge on internet stuff.
I do believe that Chinese Crypto Enthusiasts are very familiar with VPN so they could still get access on Crypto services like ICOs, mining and other stuff.
Blockchain and Crypto cannot be stopped by Governments, States, Organizations and individuals hence China couldn't stop it even in their own soil and people would still access anything over government's watch.
February 10, 2018, 11:26:46 AM
After such news, bitcoin will fall even lower. It seems that we are really waiting for support at $ 600.
Why does the price fall when the news comes out?It has no effect on the Chinese, and I can't understand it.
Not to mention that many in China were easily getting around previous restrictions by simply using foreign exchanges and the likes. Now they cannot access these unless they can subvert the firewall. It's fairly significant. The price already did fall on that news being released. It was one of the many things that contributed to the price going to 6k.
February 10, 2018, 11:13:00 AM
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?
Theres is nothing to worry about,nothing new with china's restrictions they wanted to block most of the good things in their country and will eventually create a duplicate that can be called their's.This is how China works,it is a communist country which is why the government keep dictating the people's freedom in almost everything,peole in other countries are immune to china's restrictions and most of us doesnt care about China anymore. What are your thoughts about this?
Is this the reason why Bitcoin and Altcoins are drowning in Bloodbaths since late January?
February 10, 2018, 11:10:40 AM
Can you give me a reliable source where I can read more about this? Is this news confirmed by chinese goverment? Or is this just another fud from west?
Here it is https://www.ccn.com/china-ban-block-cryptocurrency-trading-icos-abroad-report/
They are very serious on cracking down blockchain and they don't want to adapt the future because seems they only care of preparing for war, well, it's only my opinion as everyone seeing different things with the same subject.
Especially now, when the USA withdraws its business from China.
Many people in China are trying to earn even on the prohibitions of crypto-currencies. There were many websites with offers of free candies. Come, get, exchange from us- Pay a commission for illiquid coins.
So, you believe that refusing to adapt Cryptocurrency and Blockchain is to divert their financial assets into the preparation for war? I don't think so.
China is the most populated country in Asia so Technology innovation and Cryptocurrency within China will affect the impact of the world market because Chinese do love technology and innovations but their government is seeing differently on adapting Blockchain and Cryptocurrency for them it will affect their economy badly and they are afraid that this blockchain will sabotage their sovereign currency as well.
There are still ways to collect taxes from the people who earned though Cryptocurrencies just like in USA, Crypto earners are paying taxes on IRS and whatever they get from the Crypto exchange sites they are oblige to pay any kind of taxes before the money get on their hands.
I mean Chinese government do still get taxes from their citizens who are earning Cryptocurrencies but they don't want Blockchain and Cryptocurrency to dominate on their land and they hate whatever the western technology because they just want the world use their products and their technology for their own advancement.
February 10, 2018, 11:02:35 AM
After such news, bitcoin will fall even lower. It seems that we are really waiting for support at $ 600.
Why does the price fall when the news comes out?It has no effect on the Chinese, and I can't understand it.
February 10, 2018, 10:41:35 AM
After such news, bitcoin will fall even lower. It seems that we are really waiting for support at $ 600.
Why does the price fall when the news comes out?It has no effect on the Chinese, and I can't understand it.
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