China is punishing cryptocurrency - page 7.

tng811

full member

Activity: 350

Merit: 100

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

This is an old story. There is nothing new about China and this will not have any impact on the crypto market now. The market is in downtrend and good news cannot even pull it back. It needs time for this cycle to get over.

febrian1705

newbie

Activity: 170

Merit: 0

when there is news about crypto world that dropped crypto world in various social media ..
it will become world crypto increasingly famous because people will more want to know what is the world crpto. so do not panic with the news

romaleshc

full member

Activity: 204

Merit: 250

Adoption Blockchain e-Commerce to World

After so many bad news about cryptocurrency come from China, I don't believe in any news related to crypto in this country anymore cause seem like all news about cryptocurrency from this country are fake and they were published just to make investors and traders panic then investors and traders in China will have chance to collect all these cryptocurrencies with lower price

). Don't trust too much on news on the interenet if you don't wanna fall into trap of the whales Wink

Endank

member

Activity: 294

Merit: 10

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

I think this is not good news for the crypto community, especially the Chinese community. Blocking cryptocurrency can affect the market price of crypto world. The government should not be arrogant as it is today, enjoying the latest technology is everyone's right. Hopefully tomorrow morning the government sees a different side of crypto and changes mind.

nekorakoeora

member

Activity: 434

Merit: 10

Perhaps this will be bad news for crypto. However see this, of course, can also make a big question for China. Crypto fields that produce certainly China also know that there is even big crypto also like NEO which also originated from China. slowly it is possible that this could be a strategy for China to be able to make crypto they have value. or it could be this is a step for the Chinese to make their country safe from crypto.

Hughesy26

jr. member

Activity: 182

Merit: 1

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

I, like many others, don't believe this statement for a second.

Look at the success of Binance and Huobi, originating in China. Look at Neo, HPB, TheKey etc

The chinese love cryptos. And the Chinese government can't stop them from buying it.

They can however easily make up fake statistics, like "under 1% of bitcoin is bought in China". Yeah right Grin

mostkey

sr. member

Activity: 742

Merit: 253

This is not too worrisome news and this is old news, now is a new era where they will consider it, to make massive adoption, then there is nothing wrong for china now they do not want any excessive risk for the development of crypto in china, for more solve it in technology to be more serious in adopting crypto, there is nothing to worry about and waiting for the right time to trust it again.

norcia

member

Activity: 322

Merit: 10

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

China is a big country, a country that does not want to be colonized in every way. You know, almost all the products in this world they can make with almost equal form. I think, china will make a crypto that will be used alone, and after perfect they will release it to global market. From the first china is a country that is not shy in observing, stealing, plagiarizing and in the end they have the most perfect product.

Navneet1120

newbie

Activity: 233

Merit: 0

I think China has banned cryptocurrency. But may be in future, it can again get back to crypto world.

cryptohunter

legendary

Activity: 2100

Merit: 1167

MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG

china is not an issue... stop worrying about them

Seriousbizz

newbie

Activity: 155

Merit: 0

Hmm, well I think China is trying to make its stance with the crypto market and show how vital its support is to it. But please, I think the punishment is enough. lol. we are suffering it as the prices are not going in our favor. I don't know if china's ban on crypto is one of the things affecting the market, but everything just needs to stop and go back to normal.

kingdomofhearts

newbie

Activity: 120

Merit: 0

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

Oh my God. These news are going to make the market crashing down again. We are even experiencing good times and greener market these past few days. This is why I hate bad news when it comes to investment. I have no idea why China is doing this.

guanyikclkv8593

full member

Activity: 484

Merit: 101

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

It is really a bad news for the crypto marekt. But how it will influence the marekt is still needed to see. If there are more country who will do this, the marekt will be hard. Now we need to be patient to wait for the good news.

voltesbazooka

newbie

Activity: 112

Merit: 0

Quote from: pokxon on July 11, 2018, 11:01:03 PM

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 ?

Well I think that China is trying to have its unique position when it comes to cryptocurrency. It is possible that they are cracking down crypto and bans it in order to throw its price down and then that's the time when they will create their own and increase its price later on. I think China is just waiting for prices to go down so much again,

batang_bitcoin

hero member

Activity: 3080

Merit: 603

China is celebrating it's success of cracking down crypto transactions.

China’s Central Bank States Crypto Ban Is A Huge Success

Quote from: faza13 on July 14, 2018, 07:51:40 PM

This is not good news for the crypto users.

This has been in the news since last year when everything was unclear if they are really banning crypto's but now there's clarity.

faza13

member

Activity: 518

Merit: 16

This is not good news for the crypto users. This cryptocurrency ban can affect the market price and make the prices goin down. Let's see what happens
and it seems the government can encourage people to avoid cryptocurrency. But how long will they do that and when everyone in the world use it will China still forbid it? China is a strong country and they have a big influence in the economy but I do not think they can ban cryptocurrency forever.
this is like banning the internet in many countries, it may seem like it can, but people can always find a way out to break the rules

mexite

jr. member

Activity: 706

Merit: 4

The ban on cryptocurrency by the Chinese government can not be forever. It is only a matter of time for them to relax their outright ban because cryptocurrency will soar beyond this state as blockchain technology penetrates organizations and governments. I'm sure some Chinese will be using cryptocurrency via dark web, so let's see what the situation will be in the next five years.

marcripto

full member

Activity: 658

Merit: 100

It is not surprising to me that China Bitcoin trading has reached the historical minimum, this ban by the Chinese government has blocked the whole sector. China is one of the countries that is trying to fight in all ways the world of cryptocurrencies, it's a very bad thing, because the blockchain can only bring benefits to people

bawa_23

newbie

Activity: 322

Merit: 0

It is not good for the Crypto world that the Chinese Government banned Cryto Currency. They might be organizing their own Cryto Currency as china has highest number of Cryto Traders. The ban will affect the present prices but will fain in future. Banning might be plans of chinese government to manipulate the prices of Bitcoin to fill their pockets. I think it will not affect Crpto Hunters with time they will grow.

swissgang

full member

Activity: 462

Merit: 100

China is still very effective on cryptocurrencies but it is anymore getting much bigger with big participants. Punishment of china is not effective as the ones in the past

Topic: China is punishing cryptocurrency - page 7. (Read 679 times)