Topic: China is turning against cryptocurrencies?? - page 3. (Read 579 times)
China is behaving like a woman in love but is pretending not to be in love.With time her real love will be revealed to her husband.That is what China is doing.The authorities do not want to easily give in to cryptocurrency but is that possible in a technological country like China? They love crypto but only time will tell.
I mean, China has been turning against cryptocurrencies for ages now. Ever since last year they've started to regulate ICOs, they have been turning against cryptocurrencies. I don't think that the regulation in China has been overly supportive of crypto at any given time.
The real question is, are they going to bring back some of the companies that have left as a result of these restrictions by implementing new regulation?
There is a chance considering that IIRC there is a research project to rate all coins going on right now in China. But for now, most Chinese exchanges have already moved overseas, and isn't coming back for the time being. So yes, you can definitely say right now that they're quite against crypto.
The real question is, are they going to bring back some of the companies that have left as a result of these restrictions by implementing new regulation?
There is a chance considering that IIRC there is a research project to rate all coins going on right now in China. But for now, most Chinese exchanges have already moved overseas, and isn't coming back for the time being. So yes, you can definitely say right now that they're quite against crypto.
There are still many crypto markets available and not just China's largest. I know china is the most enthusiast to invest in crypto but the state regulation has been applied. Perhaps Crypto needs a marketing medium to let everyone know cryptocurrency.
even though China took a bold move of banning cryptocurrencies it is in still thinking to open the crypto market with new regulations hopefully China market opens up
China is taking time and working towards a more better understanding of Blockchain technology and make a firm legality of technology adoption in the coming days
Well, for sure we are already expecting it that China will eventually turned their insights regarding cryptocurrency, and if that happens for sure China will create great impact with the value of the cryptocurrency so it would really a positive news as well as negative news on the other side. 
bitcoin have so much trouble right now in china after the goverment have so much losses in electric energy and blame the mine factory in china, this is really serious matter to make bitcoin survive in china
It could hit bitcoin that hard that price of it could come in such a big down, but new investors will come thanks to "little" price of it, thanks to that bitcoin will recover, that is how i see it.
Bitcoin is not a legal one in China.But many people had involved in crypto currency trading and mining in China.The china goverment made a war against crypto currency.The started to ask their people to inverse in gold and silver,instead of cryptocurrency.It was not works 100%.
bitcoin have so much trouble right now in china after the goverment have so much losses in electric energy and blame the mine factory in china, this is really serious matter to make bitcoin survive in china
China turning against bitcoin or cryptocurrency never happens, because they were the one that made it grow when none were aware about it. Second thing, now China might have got hard regulations and for the same we cannot say it is turning against bitcoin. Even now China holds the majority of the miners who are the backbone for the entire system to function without flaws.
China is taking time and working towards a more better understanding of Blockchain technology and make a firm legality of technology adoption in the coming days
im not invested in chinese coins anymore even though they are different market because of the size and nature they are. but if china disagrees, i also disagree.
China seems not to be in much favour of bitcoin. After ban of exchanges, most of the chinese people have lost their interest from bitcoin and crypto-currency.
Yeah youre right they seems not supported with cryptocurrency but it will never a big problem because in this world many country really interested and supportive with cryptocurrency.So whenever china turn off with cryptocurrency I'm assure that it will never be affected. After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
Why worry? FUDs are made to make investors panic and sell their stocks so that those whales can buy bitcoin in lower prices. Hopefully nothing serious happen in cryptocurrency in china, as it was a huge contributor to cryptocurrency all over the world.
China is really aggressive taking down crypto currency and they can force it to their citizen because they are just pretending to be a democratic country but in reality they are still in a dictatorship.
We do not know the real motive of the Chinese Government, as of now the reports would suggest that they just want to avoid fraud and social unrest. I do not know if this is true but I think regulation will be better than totally banning it.
There's no need to fear if you are a miner. And the title is very misleading even it's like a question.
I guess Japan now is the biggest player in the market now.
China is the biggest player on the crypto market.
Before they are the biggest players in the crypto market but everything is starting to be exposed now.I guess Japan now is the biggest player in the market now.
I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
Well, even if many chinesse investors having a large farm mining. They will not tolerate cryptocurrency to spread out, it will stop because they found out it can not contribute much taxation in the economy due to volality of coin. In this stage i think cryptocurrency will soon to dead in chinesse counry
I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
Well, even if many chinesse investors having a large farm mining. They will not tolerate cryptocurrency to spread out, it will stop because they found out it can not contribute much taxation in the economy due to volality of coin. In this stage i think cryptocurrency will soon to dead in chinesse counry
I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
This news is already circulating, we know that China is one of the big country that ban bitcoin. This maybe give a effect to the bitcoin price. I think they have their power to do that, after all they are a big and rich country. They are maybe just want to have their own tokens or coins that will he used by their countrymen. In this, they might the capacity to level with bitcoin's popularity. As what I also read they are regulating this. But I guess in the end, people might benefit from it or vice versa. We can't tell the future of this all Cryptos, all we to do is wait what will China will do next.
Man China was always against them ..there is not hard and fast rule well am Preety sure you have heard the rumors .. that went like " China banning Bitcoins and releasing their own crypto in the future"
Well you know no one out here is a Chinese government spy thus we won't be able to know ... For sure if ... The news is true
Well you know no one out here is a Chinese government spy thus we won't be able to know ... For sure if ... The news is true
After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
Oh well, we really cannot take that away from them since they have invested in materials just to be able to mine and they have already learned to love what they do. Of course I am sure that you will probably be feeling the same if you were the one in their situation. As an investor and a lover of cryptos it will be something that a miner will really feel. Specially when he already sees mining as a full time job for him. I can only imagine how heart breaking it would be for that person.
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