Topic: China is punishing cryptocurrency - page 3. (Read 679 times)
Chinese are not the only country in the world, even if they ban cryptos, other countries will still invest into crypto currency, last year when they ban cryptos, people think everything in the market will go down, but what happen? we saw a great bull run, so crypto is a world wide market.
I think china banning crypto currency will make people to find another alternative to still trade and invest in crypto currency, it might take a little time before they will discover a new means, but there must be a way out, so why are they banning something that people will still find way around it? to me it doesn't make sense, they should reconsider their decision.
I think that this is a positive signal. Before Bitcoin begins strong growth, the chinese government bans it. I think that they do not want chinese citizens to buy Bitcoin too expensive. I think that China is too strict about cryptocurrencies.
China is very the best country now. They are now the very updated country in terms of technology, I believe that if China will adopt blockchain technology , they will create big impact.
Not really punishing per se rather, influencing the market by a small amount. We've seen this before when China leveled-up their crypto-regulations. The prices were dumping at that time, but now, the investors must've learned.
Crypto currency can be used to bypass sanctions. For example, North Korea used for Bitcoin purchases of goods from abroad. But China is self-sufficient enough, so do not think that the government is engaged in such things.
each country has its own policies regarding the use of crypto currencies. but to be honest this is not good news, because it will greatly affect the market price in the future.
I think a government of china is want to make their cryptocurrency self, we know china is a big commers in the world.
And they don't want to anything is take a step to their commeres.
Crypto will go more popular with this.
And they don't want to anything is take a step to their commeres.
Crypto will go more popular with this.
I believe that the government is doing this to prevent Chinese citizens from losing their property.
I think they are doing tightly controlled to avoid losing tax money. There are also scams from the ICO, etc ... But they do not ban it, just hold it in their hand.
It's all temporarily, and as for me, it's all tricky before the storm, so you need to keep an eye on the news and then we'll see what will happen.
I do not know exactly why china, an emerging economic trying to expand its reach all over the world, is going hard against the revolutionary cryptocurrency. It maybe china do not want country's money to go to other countries. But I think, china too will become positive about cryptocurrency in the days ahead.
Not so long ago, literally a couple of days ago I saw on the network a document that supposedly spoke about it. that China forbids its legal entities to use crypto-currencies, it's a terrible hit in the economy and already says that the crypto-currencies are integrated more seriously than we think.
In China, very many have invested in Bitcoin. I do not think that their ban on crypto currency will last long. Meanwhile, China supports the NEO token actively 
Yes, the main problem this month is that chinese people have a culture like ghost month , where as it affects the cryptocurrency market enough for some altcoins value to goes down.
I think this a very big game which has associated with whales. All news just swing boat. Example in China were a gossip and later it were rejected. The better not look on this information very serious. To wait real news.
1 According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions
2 China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market
Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?
These actions are aimed at preserving the national currency and not allowing inflation in the country. They did the right thing, even though this influenced the market, but this is not a significant problem in the current conditions. 2 China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market
Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?
I figure government was in fear if the general population begins utilizing the crypto more than there may be shot of less utilizing of paper cash the world over which could cut the citizens so the legislature doesn't need their misfortune here that is the reason they have made this stride yet soon ideally it will be authorized as there are gigantic measure of financial specialists from the China.
This was done in vain because cryptocurrencies are the future that should be developed. In the US, so far, everything is much more loyal on this occasion and it is not necessary to think about it now
The ban has had an incredibly bad impact on the entire market. It seems to me that so far the situation in the US is not the same and I think that China is still a long time
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