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Topic: China is punishing cryptocurrency - page 7. (Read 674 times)

sr. member
Activity: 1918
Merit: 256
Just.bet - Decentralized On-chain Casino
July 15, 2018, 11:21:16 PM
#53
i am bored with china, they always do this repeatedly.
and bloody markets. their efforts have always managed to reduce the price of Bitcoin.
i hate with information about this.
full member
Activity: 350
Merit: 100
July 15, 2018, 10:59:48 PM
#52
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.
newbie
Activity: 170
Merit: 0
July 15, 2018, 10:25:24 PM
#51
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
full member
Activity: 204
Merit: 250
Adoption Blockchain e-Commerce to World
July 15, 2018, 10:19:57 PM
#50
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 Smiley). Don't trust too much on news on the interenet if you don't wanna fall into trap of the whales Wink
member
Activity: 294
Merit: 10
July 15, 2018, 10:11:10 PM
#49
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.
member
Activity: 434
Merit: 10
July 15, 2018, 03:22:04 PM
#48
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.
jr. member
Activity: 182
Merit: 1
July 15, 2018, 03:03:09 PM
#47
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
sr. member
Activity: 742
Merit: 253
July 15, 2018, 02:55:05 PM
#46
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.
member
Activity: 322
Merit: 10
July 15, 2018, 02:36:05 PM
#45
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.
newbie
Activity: 233
Merit: 0
July 15, 2018, 06:44:17 AM
#44
I think China has banned cryptocurrency. But may be in future, it can again get back to crypto world.
legendary
Activity: 2100
Merit: 1167
MY RED TRUST LEFT BY SCUMBAGS - READ MY SIG
July 15, 2018, 06:39:06 AM
#43
china is not an issue... stop worrying about them
newbie
Activity: 155
Merit: 0
July 15, 2018, 06:07:36 AM
#42
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.
newbie
Activity: 120
Merit: 0
July 14, 2018, 09:37:59 PM
#41
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.
full member
Activity: 484
Merit: 101
July 14, 2018, 09:35:20 PM
#40
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.
newbie
Activity: 112
Merit: 0
July 14, 2018, 09:17:46 PM
#39
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,
hero member
Activity: 2996
Merit: 600
Eloncoin.org - Mars, here we come!
July 14, 2018, 09:09:54 PM
#38
China is celebrating it's success of cracking down crypto transactions.

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

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.
member
Activity: 518
Merit: 16
July 14, 2018, 08:51:40 PM
#37
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
jr. member
Activity: 701
Merit: 4
July 14, 2018, 08:28:12 PM
#36
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.
full member
Activity: 658
Merit: 100
July 14, 2018, 02:33:45 PM
#35
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
newbie
Activity: 322
Merit: 0
July 14, 2018, 02:17:30 PM
#34
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.
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