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Topic: China lifts ban on cryptocurrency - page 10. (Read 20629 times)

full member
Activity: 784
Merit: 123
November 11, 2018, 09:18:53 AM
A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
I've never seen such info around even in television but anyways, it could be great and it surely give a huge impact into prices.
We can't appreciate it right now since we still in red market unless the bullish will shown up. Hopefully, this could be a mirror for some countries who are still banning crypto.
jr. member
Activity: 413
Merit: 1
November 11, 2018, 09:16:59 AM
A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.

I do not understand why China banned it. It's a good news. A new giant market will open. We are waiting for new projects from China.
full member
Activity: 1489
Merit: 150
November 11, 2018, 09:10:32 AM
This really is a positive news and the news came at the time when crypto market is going down and  I think this will give crypto market a bit of stability and uplift. China is a huge market and lifting a ban is a good decision. You will see a pump in the overall market after this news.
Yes it's true, with the removal of the ban on cryptocurrency by the Chinese government can make Bitcoin increasingly used in China, because it is true that China is a big country and the country that produces the largest Bitcoin mining in the world. So hopefully the removal of the Crypto ban in China can make the price of bitcoin rise.
member
Activity: 602
Merit: 10
November 11, 2018, 08:59:42 AM
I think this is bullshit.

You can't ban or lift ban on cryptocurrency.

It is like banning math. Still it may make a positive impact on the market.
It seems to me that this is false information that spreads to the network of attackers. China still works with cryptocurrency and the Chinese government does not make any prohibitions, although it puts forward certain legal requirements and conditions.
copper member
Activity: 2044
Merit: 793
November 11, 2018, 08:56:58 AM
I think this is bullshit.

You can't ban or lift ban on cryptocurrency.

Of course a country choose whether or not to ban cryptocurrency. That doesn't simply implies that cryptocurrencies wouldn't be used in such countries, rather it only means that it might not be government recognized, however, some countries have actually banned or restricted and it could amount to the breaking of a law, which could as well be a punishable offense and include certain consequences.
As far as I know there are numerous countries that banned cryptocurrencies but still it is been used there, an Example is Colombia where there is an implicit ban but, a public figure and superstar of the country in "James Rodrigues" owns a personal crypto token.
sr. member
Activity: 658
Merit: 270
November 11, 2018, 05:14:23 AM
I think this is bullshit.

You can't ban or lift ban on cryptocurrency.

It is like banning math. Still it may make a positive impact on the market.
copper member
Activity: 1386
Merit: 1000
November 11, 2018, 05:02:23 AM
This really is a positive news and the news came at the time when crypto market is going down and  I think this will give crypto market a bit of stability and uplift. China is a huge market and lifting a ban is a good decision. You will see a pump in the overall market after this news.
member
Activity: 308
Merit: 10
November 11, 2018, 04:51:35 AM
There has even been a lot of good news for CryptoWorld lately. But they do not greatly affect the growth of prices. You see, you need some kind of shake. Although it seems to me the price is more influenced by guys with money. As they want, the price will go there.
member
Activity: 462
Merit: 10
November 11, 2018, 04:36:02 AM
This is a very good news, there is no restriction on the ban, I believe more Chinese investors will join the cryptocurrency market!
member
Activity: 238
Merit: 10
November 11, 2018, 04:33:43 AM
A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
This is very good news, considering that China is one of the most shareholders, but I hope this is not just hearsay, can you say the source of this information that you publish ??
jr. member
Activity: 448
Merit: 1
November 11, 2018, 04:30:30 AM
A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
This is a fake and there are a lot of refutations of this news on the Internet!

P.S. When you make such statements, please provide the link to the original source to read a full article! Thanks!
member
Activity: 854
Merit: 12
arcs-chain.com
November 11, 2018, 04:29:21 AM
unfortunately, these seem to be fake news... China would just be the spark for the new bull run, nevertheless I'm hoping there's something true on these news ...
next time you post something like this, maybe it would be advisable to include the link to your source as at this point fake news are everywhere and we shouldn't be helping to spread them around
cheers
member
Activity: 392
Merit: 10
November 11, 2018, 04:25:03 AM
I'm terribly skeptical of this and till I see it according on some additional reputable  major news retailers i will contemplate that it is not true. however fingers crossed that it's as a result of the Chinese market would be an enormous addition. Given however the SEC limits U.S. investors, China is maybe second and there it's illegal.
jr. member
Activity: 238
Merit: 3
November 11, 2018, 04:21:48 AM
all businesses must have something that is impossible for no crypto, individually business will be part of my life for now
full member
Activity: 434
Merit: 100
November 11, 2018, 02:40:55 AM
It is good news. But I am confused that not all residents of China but only only some persons and the companies can own cryptocurrency. It isn't really honest. Even moreover it is discrimination of the population of the country.

It seems to me that this is fake news in order to attract investors. If China allowed cryptocurrency then the market would begin to rapidly expand the top and not stagnate in one place.
member
Activity: 1344
Merit: 10
November 10, 2018, 05:04:59 PM
This is just awesome news. Hopefully there will be an intensive growth soon. China solves a lot in cryptomir. We are waiting for growth.
full member
Activity: 571
Merit: 100
November 10, 2018, 05:01:15 PM
If this news is true, then the cryptocurrency market should go up pretty well. Millions of Chinese who will invest in cryptocurrencies will cause a bullish market.
member
Activity: 168
Merit: 10
The Premier Digital Asset Management Ecosystem
November 10, 2018, 03:24:54 PM
It is good news. But I am confused that not all residents of China but only only some persons and the companies can own cryptocurrency. It isn't really honest. Even moreover it is discrimination of the population of the country.
sr. member
Activity: 952
Merit: 284
In love with Bitcoin!! 💓💕
November 10, 2018, 03:10:54 PM
#99
You are wrong there. They haven't really lifted the ban. It's just that you can own and do p2p crypto transactions directly. Not via exchanges or any median in between. And that's something the basic property of cryptos. No country can put a ban on that.
Otherwise China is tightening the hold on cryptos. It's even trying to ban airdrops. I don't think it will allow its citizens to use cryptos freely, any time soon.
sr. member
Activity: 951
Merit: 250
November 10, 2018, 03:08:29 PM
#98
You have some reliable source, I was looking in google and I get old articles with many speculations, if really China releases the cryptos in the country, that would mean that the bull run of December can still happen, I want to believe that but several years in this medium have made me a little skeptical.
We do not know yet the exact informations all we have it right now is only prediction and spectaculations. The most important thing as of these moment is we trust bitcoin as always. If China really lifts the ban on cryptocurrency, well that is their decision.
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