China lifts ban on cryptocurrency - page 12.

bboyjohn

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Quote from: makerst on November 10, 2018, 09:27:06 AM

To be honest, such news is more similar to news for the crowd or for the beginning and a change in the trend, because it is in China that can really reverse the entire trend to a change in cryptocurrency.

I agree with you. China is great country for change our downtrend. But we don't see big changes with this news, we need different things. Everyday we see good news about bitcoin and other crypto currencies but still fallin everything..

BravO_o

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I really hope this news is true. The Chinese can help lift the market off its knees. We will see green prices again

Nolimitz84

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We will wait for official news.But definitely if this is true, then surely China will be followed by other countries.And this will directly increase the capitalization of cryptocurrencies.So look forward to the official announcement from the representatives of China.I am sure it will be a public resonance

Agapelove

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If this news is a legit one, this would give a big boost to the cryptocurrency investors around the world. This kind of positive news would make the market bullish. Hoping that this is for real. It's really hard to ban cryptocurrency because countries need to get with the flow of crypto for them not to be left behind when the time comes. Look at Russia, USA, Australia, and a lot more. These countries embrace crypto just to make sure they are prepared for the future.

pinovero

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The World’s First Blockchain Core

I am not sure about that news. Because i saw too many people attacked to that news. They said that news are not true. But that is not important for me. I believe it will be one day in the future. Maybe tomorrow maybe 5 years later but i believe china will lift that ban and chinese people will start to invest crypto currencies freely at the end.

Azcoinbig

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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.

Good afternoon! Great news which can not not to make you happy. But comparing with year 2017, now such positive news don't influence as much on market. But I really want market to go higher.

yeahright

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Quote from: Tigerheart3026 on November 10, 2018, 10:40:12 AM

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 saw that news yesterday. That is really good news. China is a big country, so many big investors can come to the crypto section. If some of big people come in the cryptocurrency sector market will rise again.

If that's true then that would be great news. China is a huge country with huge populations and will obviously have an impact on the growth of crypto globally. It offers tremendous opportunities for the electronic money market and increased confidence in the rest of the world

Tigerheart3026

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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 saw that news yesterday. That is really good news. China is a big country, so many big investors can come to the crypto section. If some of big people come in the cryptocurrency sector market will rise again.

hashshashin

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Look ARROUND!

If the fact that China cancels all bans related to the cryptocurrency is true - then this is indeed very good news, which may affect the recovery of the market. Let's see how everything will be in reality.

Kolikalex55

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simply getting the job done

This is very good news ! I think that the legalization of cryptocurrency in China will give an example to other countries ! If the state trusts cryptocurrency then I think that people living in this country will begin to trust even more given to grow !

Quidat

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Quote from: kiemnhieutien on November 10, 2018, 10:16:08 AM

I tried googling about this but got no trusted source, only some posts about this news on bitcointalk and social media like stemmit and reddit, some unfamous news websites. If this new is legit and featured on some famous magazines, it will make a positive effect to crypto market and bring bullish market back.

Yeah, i tried to google it too but unfortunately, nothing is showing but instead i found this article.

https://cryptoslate.com/no-china-has-not-legalized-nor-put-an-end-to-bitcoin-ban-inaccurate-reports/

Whoever make this news might be someone who belong to a group of pump and dump people.

That's why it doesn't make any changes to the market after all we read this.

jacksonhen

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Quote from: kumiskura on November 09, 2018, 12:56:32 PM

guys before talking and starting this topic, we should have gathered more information from different sources other than this one alone. because it might be fake and the latest news that i heard about it was this :
https://cryptoslate.com/no-china-has-not-legalized-nor-put-an-end-to-bitcoin-ban-inaccurate-reports/

we can not believe anything on internet directly and the only one that we can do to confirm this is waiting, waiting an official announcement from China's goverment.

stay safe and be calm

Thank you for providing clarity, this news is indeed confusing because the data used is not accurate and tends to be confusing.

I underline the information from the article as follows :

On Oct. 1, China’s oldest technology publication Beijing Sci-Tech Report (BSTR) announced that it would accept Bitcoin as a payment method for its subscriptions beginning early 2019, to encourage the utilization of crypto in a “real-world setting for practical actions,”

But, the trading of Bitcoin and other cryptocurrencies remains strictly banned, and the areas of the cryptocurrency market that the government of China has banned remain prohibited.

While merchants are technically allowed to accept cryptocurrencies, trading, crypto events, ICOs, and any form of OTC investment in the asset class are still prohibited.

kiemnhieutien

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I tried googling about this but got no trusted source, only some posts about this news on bitcointalk and social media like stemmit and reddit, some unfamous news websites. If this new is legit and featured on some famous magazines, it will make a positive effect to crypto market and bring bullish market back.

mayan251

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I hope this is true. In this way, the largest population in the world can participate in the encrypted world. This will definitely promote the development of encryption.

weborsha

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Quote from: Saint1990 on November 10, 2018, 07:36:11 AM

China is the biggest manipulators in the cryptocurrency industry as china have major dominance on Bitcoin , ethereum mining with players like BITMAIN. China also have 13 block producer out of 21 block producers of EOS blockchain. China knows the potential of cryptocurrency and have adopted this technology well. This news is obvious that they will remove the ban on cryptocurrency and move on with greater aspects.

China is about to rule the world in a couple decades from now) These damn communists have more than a half of the world's industrial objects. Now they own the major crypto assets and about to make it legal.

batang_bitcoin

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I still cant find any reliable source about this. Ive seen this news a day ago from social medias but the link that has been isnt that reputable and recognizable. But if ever that China is really lifting the ban on cryptos, how come that big mining farms can still operate there despite of the ban? AFAIK, the ban is only for ICOs.

makerst

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To be honest, such news is more similar to news for the crowd or for the beginning and a change in the trend, because it is in China that can really reverse the entire trend to a change in cryptocurrency.

altcoinhunter01

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If this news is correct then it can change the fundamentals of the whole market as Chinese have huge participation in this market and it can start a new bull run of this market.

charlotte04

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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.
[/quote

I hope this would be the start of a new bull rally, but I guess some people would still wait that the price of Bitcoin will go up before they start buying.

cryptotycoon33

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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.

If this news information is quite true then it's a welcome development to the entire cryptocurrency community, the information will help increase the demand of crypto in China which is one of the biggest economies of the world

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