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Topic: China May Reverse Bitcoin Band - page 2. (Read 963 times)

hero member
Activity: 1274
Merit: 516
October 13, 2017, 12:52:18 AM
#31
I dont think china will banned bitcoin, and wont lift any of the banned, China will set regulation for the exchanger, I think there are no manipulating news, China really serious want to set regulation and want to try to control crypto currencies, but I think the government is testing us, the government want to know by banning the exchanger what will be the effect to the bitcoin
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
October 13, 2017, 12:49:11 AM
#30
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769

The title is misleading,, the fact is bitcoin is not banned in china.. ICO banning and exchanges closure is part of the regulation that China is facing than makes a flack in bitcoin community and are we not tired talking about them?? even we’re seeing big increases this days.. They’re now not relevant to any happenings to bitcoin and its is much good..

The title is misleading because China doesn't plan to start a band or plan a band or play in a band.

But talking about the "ban" , I sure hope all the communist party , all the members will gather in Tiananmen square and while holding hands will shout "we have banned bitcoin for 10000 trilion years".

And from that moment we will have peace and we will stop with the rumors.
Nobody will give a damn about the monthly bans China is doing, nobody will give a damn about their fake exchanges their fake transactions and everything that comes from China and is most likely 99% fake.

We don't need China, there is no need for any country that controls and tries to manipulate its own currency there is no need for countries that build great firewalls to manipulate and keep their lies safe.

Bitcoin is doing great without China, bitcoin will do great without Russia or NK.

The money that pump the coins right now are coming from the western world, where there are money, there is knowledge and most important freedom and legislation, where you have rights and you are able to fight for them.


sr. member
Activity: 602
Merit: 252
October 13, 2017, 12:48:05 AM
#29
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769

The title is misleading,, the fact is bitcoin is not banned in china.. ICO banning and exchanges closure is part of the regulation that China is facing than makes a flack in bitcoin community and are we not tired talking about them?? even we’re seeing big increases this days.. They’re now not relevant to any happenings to bitcoin and its is much good..
Yes, there is nothing as a ban initiated by the government of China. All that happens is a form of inspection to have a regulated usage. In my thinking, if government has banned bitcoin now we could have not got such a growth that we're experiencing at present.
full member
Activity: 462
Merit: 102
October 13, 2017, 12:37:17 AM
#28
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769

The title is misleading,, the fact is bitcoin is not banned in china.. ICO banning and exchanges closure is part of the regulation that China is facing than makes a flack in bitcoin community and are we not tired talking about them?? even we’re seeing big increases this days.. They’re now not relevant to any happenings to bitcoin and its is much good..
legendary
Activity: 3010
Merit: 1280
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October 13, 2017, 12:36:15 AM
#27
I think once all the rules and regulation policy is pollished, I think China will reopen Bitcoin exchange service to those company that will comply with the rule.  I never believe that china had shutdown its door to cryptocurrency, they are just fixing stuff so that their citizen will not be exploited by fraud ICOs and scam exchanger that can close whenever they choose to.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
October 13, 2017, 12:31:52 AM
#26
The Chinese government is faced with a huge choice. If they ban Bitcoin & Crypto currencies, they might gain control over the capital flight that is supposedly going on in their country. They are very paranoid, so they over react when they are faced with these problems.

On the other hand, they will have to sacrifice their dominance over the whole Bitcoin mining scene and lose potential tax income, generated from the mining farms. < they will have to close down the mining farms or move their operations >

I think they are going to opt for very strict Crypto currency regulations to control capital flight.
full member
Activity: 364
Merit: 118
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October 13, 2017, 12:24:58 AM
#25
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769
It is just you. You know that a Fork is upcoming and a split into Bitcoin to produce Bitcoin Gold will happen that's why these traders and altcoin holders sell their altcoins into exchange with bitcoin. I do not think china will easily lift the ban, They have their monetary pride. well see for the next day if they will release an statement about this.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
October 13, 2017, 12:12:02 AM
#24
just another misleading title in this board!
China never banned bitcoin! and the article doesn't say it either. they are saying reverse the exchange bans!

and i have to say there is no way in hell to "reverse" this exchange bans.

however what they will do is that they will regulate them more and possibly this time give them proper licenses too in order to start their business anew.
hero member
Activity: 490
Merit: 501
October 12, 2017, 11:05:15 PM
#23
Sooner or later it will happens. No one can ignore the power of Bitcoin. China has banned it because of their own benefits. Soon every thing in China will back to its normal.
That is very too true and we can expect that the bane will not continue for a long time, and very soon they are going to release the bane from bitcoin, because a number of Chines are related to bitcoin and even depending on bitcoin for living, Therefore I do not think that their bane on bitcoin will continue for a long time.
I am tired of seeing the news about China, and more forgetting about it. go away from my mind. I do not like Bitcoin being manipulated by political interests there. I feel it's kind of a game to monopolize the price of Bitcoin, whatever sort of fud. Apart from China bitcoin remains alive even unstoppable.

We are on the same conviction. Though, of course, we would be welcoming China back if they decide to eventually go for regulating Bitcoin rather than banning it, there are many repercussions that have to be discussed in regards to China. And I don't believe that the recent surge is based on the possibility that China can be back on the table. That can even be just another fake news. Instead, what we are witnessing is the market is now ignoring China and even the latest confusing news from Russia and all the negative comments from financial leaders in and out of USA.

China is a big market (population-wise and interest-wise) and it can be a big push for Bitcoin in case the market can be re-open. Personally, however, I really doubt if this can happen in the short-term. People in the West sometimes failed to understand the ins and outs of the Chinese government. When the government feel that they are not getting anything out of a deal, they will not stake on it. The government is seeing Bitcoin as a possible problem rather than a big help for its economy. They might however formulate their own coin which they can control and manipulate and this is the best possibility I am seeing they would be doing.
sr. member
Activity: 490
Merit: 258
October 12, 2017, 11:04:31 PM
#22
Bitcoin can be compared to drugs, the more the government prohibits it, the more it becomes expensive... the old school bitcoiners don't care about this kind of news anymore, i guess. Well, anyway, if they will overturn their decisions with exchanges and ICOs then it's going to be good for all of us.
member
Activity: 91
Merit: 10
October 12, 2017, 10:51:55 PM
#21
bitcoin is being tested
Admittedly, the Chinese government's loud ban is enough to give effect to the market and the value of Bitcoin, but here is the test for Bitcoin. The effect is not as big as the previous issues, which is now the global market is decisive, not just one country market. Now there are many variables that affect the price of Bitcoin
legendary
Activity: 2534
Merit: 1338
October 12, 2017, 10:51:08 PM
#20
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769
Bitcoin strength is being monitored and tested every day, remember the days when the network was being spammed to death, do you see all those forks, the FUD, the exchanges being closed and the banning of icos and yet here we are with an all time high, I’m sure that everyone that is watching bitcoin is completely surprised at what it is happening at the moment.
legendary
Activity: 3472
Merit: 10611
October 12, 2017, 10:30:24 PM
#19
i disagree with this a little.
the news about China that is popular and everyone is hearing about is the "China Banned Bitcoin" FUD still. not much has changed about that FUD really and they never banned bitcoin to begin with. they closed a couple of exchanges, and banned ICOs that is all they did nothing more. and just like last times that they closed exchanges, there is a good chance they will be opened soon after some time, maybe 3 months.

i have not even seen any "hopes of China Reversing any Ban"! and when a news is not really circulating around you can't say it is effective in my opinion.
sr. member
Activity: 2618
Merit: 439
October 12, 2017, 10:28:37 PM
#18
Sooner or later it will happens. No one can ignore the power of Bitcoin. China has banned it because of their own benefits. Soon every thing in China will back to its normal.

This isn't true in the least, China feels that Bitcoin is a threat to it's power in controlling it's country and in a country with a very AUTHORITATIVE (Also Communist government) regime, they're going to keep something like this banned. As it is giving power back to the people which they aren't going to be doing.

This article that OP put is simply there to try to keep the Bitcoin price soaring, for a select few to make good money. This ban will stay in place, plain and simple.

Bitcoin or cryptocurrencies can no longer be ignored by a authoritarian regimes such as China and Russia so they have to make their moved very early before its goes uncontrollable. They have been fully supporting bitcoin as evident of their exchanges and the amount of trading. However, bitcoin is gaining grounds in China and Yuan is losing grounds. So they put a halt on it so I doubt that they will ever lived the ban of ICO. Exchanges though might have as chance but I'm sure they need to comply with the government and measures, very hard measures are put as a safety net. But it has to be seen.

We do not know the true purpose of china in bitcoins and what they really want to happen. I think it's just a lie because they really want to buy at a low price so they annoucement that suppose they will stop the exchangers. And now the bitcoins are upbeat, they have probably bought a cheap amount. What they did was to compel people to sell it to get it pressed and buy at a high price.

We do not know the real reason behind their sudden hard stance against bitcoin. But I doubt they try to manipulate the market and buy at a discounted price. Are you saying that the government of China is secretly buying bitcoins behind their country and our backs?
hero member
Activity: 679
Merit: 500
October 12, 2017, 10:14:04 PM
#17
We do not know the true purpose of china in bitcoins and what they really want to happen. I think it's just a lie because they really want to buy at a low price so they annoucement that suppose they will stop the exchangers. And now the bitcoins are upbeat, they have probably bought a cheap amount. What they did was to compel people to sell it to get it pressed and buy at a high price.
sr. member
Activity: 530
Merit: 250
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October 12, 2017, 10:01:11 PM
#16
If China does this then that will make them look extremely weak. I mean it's the right thing to do but you must wait. Too soon and people will think the Chinese are emotional, too long and people will think the Chinese are stupid.
legendary
Activity: 966
Merit: 1042
October 12, 2017, 09:58:19 PM
#15
 Is there really a market in earth that isn't manipulated? Of course that dump was a manipulation. What can you do? It's a real free market and anything goes around these parts.
sr. member
Activity: 602
Merit: 253
October 12, 2017, 09:53:16 PM
#14
With the price right now, yes, it is very possible to happen.
These days the news was not very good. Especially when it comes to China.
But if it's really really true that China reverse exchange banning, then I expect the price will continue to rise.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
October 12, 2017, 09:47:14 PM
#13
Is it just me or does anyone else feel that the strength and integrity of Bitcoin is being tested or manipulated?

https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769
sure they will.they just want to check and assure that the policy will be implied as well of what is the government may benefits,coz being a communist country government first before the people .
full member
Activity: 158
Merit: 100
October 12, 2017, 09:00:55 PM
#12
When the ban is lifted, the great news will push bitcoin price higher.
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