Topic: China May Reverse Bitcoin Band - page 3. (Read 963 times)
I read an article saying they are looking into regulating it. The ban has never been said to be permanent. The Chinese government is simply trying to come up with ways to prevent capital outflows and money laundering. They're also planning on releasing their own online currency, of which other cryptocurrencies play a role. The question is not if the ban will be lifted, it's when.
It is not just you, most people noticed it as well, with the price of bitcoin constantly rising more and more people wanted to invest and with that, the government started to pay attention to it. They can clearly see the power of bitcoin, what it is capable of and of course how much profit they will gain from it. China just started it they wanted to control something that is not meant to be controlled by a person or an institution and because of this china came up with a plan to ban bitcoin but in my opinion it is just a strategy to check how the market would react. Now that phase 1 was done they have to proceed with the next phase seeing that the market somehow got affected with the ban they can now come up with a strategy to manipulate it. So they're not banning bitcoin anymore instead they will impose rules which will be hard for the chinese market and due to these rules they now have a way to manipulate it and gain more profit from it.
Well, maybe. But I don't think the Chinese government will easily let it go, at least for a few months. Because it seems like a very serious topic: the Chinese government will not allow some uncontrollable virtual currency to disrupt the yuan's position. The existence of bitcoin is unintelligible to the government, so they need time to understand, or forbid. But at least for now, it is not illegal for anyone to buy or sell bitcoin. Hope is getting better and better.
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.
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. That is true. I don't why people are still talking about this shit when we have seen bitcoin remain very strong despite the news from china. Why is china all over this thread until now? Are we not contented that china is taking control of our houses and lives through all china-made products? I bet the PC you are using right now is either assembled or entirely made in china.
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. Why though? Most of us who are Intelligent made good profits off the fear of the idiots. Thank you useless china. I bought two new gaming consoles thanks to them
Threat? Never!! In fully confident in Bitcoin and just look what happened? Exactly as I said. Bitcoin not only recovered but is trading at over $5000 great!! I do agree with you though I'm also tired if hearing about china. Leave china behind in the dark they don't deserve bitcoin.
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
Not just you, I think the same too. China is doing very, very shit things, they want to gain control on bitcoin and do as much money as they want. Every their word affects price immediately and that affect is very serious. They already tested and know their possibilities, result of this test is that they can manipulate as they want. Europe/US has to play important rule too or bitcoin will be nothing but a china's toy. https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769
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. 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.
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.
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
https://www.investing.com/news/cryptocurrency-news/bitcoin-hits-5400-on-hopes-china-will-reserve-exchange-ban-540769
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