China lifts ban on cryptocurrency - page 10.

Altero

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Quote from: qualitywork on November 09, 2018, 12:33:26 PM

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.

Terrmit

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Quote from: qualitywork on November 09, 2018, 12:33:26 PM

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.

entebah

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Quote from: camelson on November 11, 2018, 04:02:23 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.

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.

HELLOFF

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Quote from: petrcoin on November 11, 2018, 04:14:23 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.

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.

Harkorede

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Quote from: petrcoin on November 11, 2018, 04:14:23 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.

petrcoin

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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.

camelson

copper member

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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.

tolgahanuzun

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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.

oxoxoxox

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This is a very good news, there is no restriction on the ban, I believe more Chinese investors will join the cryptocurrency market!

Hades92

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Quote from: qualitywork on November 09, 2018, 12:33:26 PM

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 ??

olsyd

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Quote from: qualitywork on November 09, 2018, 12:33:26 PM

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!

dentolas

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arcs-chain.com

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

anov996

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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.

Fadhil Pahlawadi

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all businesses must have something that is impossible for no crypto, individually business will be part of my life for now

biletskiy

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Quote from: PetrVas7789 on November 10, 2018, 02:24:54 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.

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.

Mr.Noda

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This is just awesome news. Hopefully there will be an intensive growth soon. China solves a lot in cryptomir. We are waiting for growth.

apitico

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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.

PetrVas7789

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The Premier Digital Asset Management Ecosystem

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.

siddartha1492

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In love with Bitcoin!! 💓💕

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.

djgtr

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Quote from: irenegaming on November 09, 2018, 12:35:23 PM

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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