China playing a game :D | Bitcointalksearch.org

deadsilent

hero member

Activity: 1148

Merit: 500

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

Bitcoin and other cryptocurrencies are not really banned there. It's just ICOs and cryptocurrency exchange are stopped by the government because they can't regulate the flow of capital. Some are just over reacting and spreading lies to manipulate the price. Actually they can still trade there peer to peer. So cryptocurrencies there are not actually banned. And theres no way they will ban Bitcoin there. Japan is now making a big move to Bitcoin. I don't think China will allow that. Of course they will compete. Theres a rumor that the ban on exchanges is just temporary.

LightSide

member

Activity: 98

Merit: 10

Not playing any kind of game, they just don't want business bitcoin related within they territory.

pooya87

legendary

Activity: 3472

Merit: 10611

Quote from: teemocoins on September 27, 2017, 11:59:16 PM

Quote from: maokoto on September 23, 2017, 05:49:35 AM

There is something that boggles me a bit...

None has chinese crypto friends who can inform about the truth? There are no chinese users of this forum who can tell?

Lack of confirmation of whether this is true or not is very very strange.

Hi there, i am the one who is a Chinese user in this forum, I can tell you that banned BTC in China is a true story due to it is out of control and it will threaten Chinese Banks and GOV has no benefits on it.

trusted people who are from China such as Charlie Lee (creator of Litecoin) are saying there is no bitcoin ban in China and it is all bullshit and FUD. now you create a throw away account with only 1 post and think we will take "your" word over theirs Cheesy

teemocoins

newbie

Activity: 1

Merit: 0

Quote from: maokoto on September 23, 2017, 05:49:35 AM

There is something that boggles me a bit...

None has chinese crypto friends who can inform about the truth? There are no chinese users of this forum who can tell?

Lack of confirmation of whether this is true or not is very very strange.

Hi there, i am the one who is a Chinese user in this forum, I can tell you that banned BTC in China is a true story due to it is out of control and it will threaten Chinese Banks and GOV has no benefits on it.

jings007

jr. member

Activity: 174

Merit: 7

I think China has nothing to do whatever happening to the rollercoaster-like Bitcoin price...it's the traders. I've a feeling the price is being manipulated by influential people and/or traders.

centralbanksequalsbombs

sr. member

Activity: 378

Merit: 278

Bitcoin :open immutable decentralized global fair

Hahahahaha.

So funny!

China and ANY governments do not matter to Bitcoin anymore! Hahahahaha.

Bitcoin reached escape velocity 4-years ago in 2013 which means it cannot be stopped - cannot make it illegal or legal - governments/banks do not matter. Bitcoin cannot be controlled.

On the opposite end of the spectrum the global fiat bubble system broke a couple of decades ago.

Fiat around the world is forced to inflate issuance as its heavily infested, burdened and broken with:
-regulatory burden on fiat banks & system (incredibly costly)
-unemployment & other welfare costs
-inflating fiat to keep stock market rising and to keep house-prices from collapsing
-financing conflicts, bombs, and "aid"
-insurance fraud
-false claims and insurance loss-events
-stabilize regions after natural disasters
-keeping monopolies with internet access centralized and search engine crawlers centralized
-money laundering
-chargebacks
-frivolous legal costs (lawsuits bogging the system down)
-state-sponsored corruption and unofficial corruption (governments and gangs, banks and conartists)
-retirement obligations (debasement in value to keep up with payments from government or other retirement-obligations)
-fake credit (goods being transacted with credit-loss, replaced by inflation of monetary base rather than bringing perpetrators & source to justice)
-using enforcement labor to freeze accounts and assets and take away your money
-costs of auditors and budgetors and accountants to governments and businesses

Bitcoin, systemically, is free from these burdens.

Bitcoin is GLOBALLY held and sought after by people in almost every country - see global trade data by country or see this list:
https://bitcointalksearch.org/topic/which-country-are-you-from-here-list-thirty-popular-bitcoin-countries-for-trade-1853019

CAN SOMEONE PLEASE STOP BLOWING BUBBLES OF EXTRA FIAT MONEY AROUND THE WORLD? (PLEASE NO MORE USD, EUROS, JAPANESE YENS, INDIAN RUPEES, CHINESE YUAN, MEXICAN PESOS - PLEASE STOP INFLATING AND MAKING BITCOIN SO VALUABLE)...stop this pumping

https://macromon.wordpress.com/2017/04/26/the-chart-that-floats-overvaluation/

pendekar cinta

full member

Activity: 490

Merit: 100

Is it true that the incident will happen because it could have made many investors more burdened because there are settings that they make and automatically if we want to do various transactions could be part of the revenue will go to the state treasury China later and surely make a loss is quite apprehensive.

leonair

sr. member

Activity: 1260

Merit: 390

★Bitvest.io★ Play Plinko or Invest!

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

Maybe they are but I don't think so, it is just that their government really want to regulate the cryptocurrencies in their country because of its booming industry and of course it has many money involved in it so they mus take an action before anything else. The Chinese holders of bitcoin is still in power in making the decision whether they want to withdraw their coins, not their government. And most of the Chinese people can still find a way to access the unregulated exchanges if they want so I think that is not a big problem with them government.

ivrynx

full member

Activity: 518

Merit: 103

It is a fact that when china did something regarding cryptocurrencies, there is a huge effect, being that china has a large population of people who uses cryptocurrencies and also invest on them, china did not only affect the price of bitcoin but thr prices of altcoins as well. The movement of china still is unknown, why did they legalized then ban bitcoin, it is possible that the chinese government, wants the world to see that without them cryptocurrencies will be devalued or be killed, i think this is also one of the reasons why they didn't hesitate close down exchanges, that is to show the world what they are capable of, unfortunately for china, bitcoin as well as altcoins still is alive even if they banned them. I hope that china wouod rrconsider its actions and again legalize cryptocurrencies, since it will be also beneficiary for them. I don't think that china is playing a game here, they probably just want to show the world, that evrn in thr digital world, they still rule, but that will not be the case, digital currency is for all, though they have a large population, there are still countries that compensate their loss.

Falgorn

full member

Activity: 364

Merit: 100

China does indeed play some game with a crypto currency. Perhaps the Chinese government once again wants to test how much it can affect the whole of the crypto currency, and if it succeeds, subordinate it to itself. If it sees that it simply loses its revenues to its economy because of its activities, it will inevitably release the crypto currency. While experiments continue. I think bitcoin and other crypto currency will win.

Dobmader

full member

Activity: 165

Merit: 100

Quote from: SUDARMONO on September 23, 2017, 08:25:00 AM

yes it must be only the game of china to profit from the declining bitcoin price that in panic selling, and now bitcoin prices have started to go up and up keep the price, and we also have no harm to put our money in bitcoin as future investment, because seen of the bitcoin price increase each year.

Yeah they want the price of the bitcoin to go more and higher. Some of the people are using bitcoin to earn the profit. China is saying the different things and the price of the bitcoin is getting down now and the price will increase in the future, it will be up again some people are saying that china just want to make the bitcoin cheaper so that they will increase the price and will unban it in the future.

fitriyanti

jr. member

Activity: 54

Merit: 10

I think so too, they want to master as much bitcoin as possible by making the rules and regulations that make bitcoin holders remove their bitcoin and they will take all the bitcoin on the market. after that booomm, they, legalize bitcoin

Doell

hero member

Activity: 2156

Merit: 531

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

not unlike where the authenticity is still confusing, china which he said has declared will kill bitcoin, but some chinese do not tell the truth of the news, I think this is a whale game that has manipulated the exchange.

kiemponxs

full member

Activity: 462

Merit: 100

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

so true. I agree with you. i just want to know what china will do next. this became my research material, I think there will be a play back.

GreenBits

legendary

Activity: 1148

Merit: 1048

Quote from: KroFly on September 23, 2017, 05:36:15 PM

Quote from: Monkey D.Luffy on September 23, 2017, 05:23:16 PM

They try/tried to ban it and made it but people can still use em and invest in em they just can't openly state it.

They only scare people. And they are good at achieving goals. Bitcoin has not been restored for a long time. The price fluctuates very much. I hope that the Chinese government will stop manipulating the price in October

they are doing a noble thing with the introduction of regulation, but they are trying to hide their intention of manipulating the price short term behind this. if this were a well thought out thing, there was no reason for the rumors to persist for a week before they were formally addressed. the amount of value that was lost hurt their citizens more than it hurt the global community, why would you do that to your citizens? they could have stopped all the panic the next day, if they intended too.

im still torn as to the why. to buy in more, to introduce a rival coin, or to prevent a transfer of wealth to the middle/lower class? Huh

pucunghul

full member

Activity: 434

Merit: 102

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

yes, china is making a new scenario, i'm sure it is. I think bitcoin will surprise, there is an issue about russia who want to legalize. and now china is also playing again. let's see what will happen next.

KroFly

full member

Activity: 243

Merit: 100

Blockchain with solar energy

Quote from: Monkey D.Luffy on September 23, 2017, 05:23:16 PM

They try/tried to ban it and made it but people can still use em and invest in em they just can't openly state it.

They only scare people. And they are good at achieving goals. Bitcoin has not been restored for a long time. The price fluctuates very much. I hope that the Chinese government will stop manipulating the price in October

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: endaiin on September 23, 2017, 01:26:56 AM

Bitcoin price will going to the moon. because China only play they game, now they banned cryptocurrency, next time they created a good regulation of cryptocurrency... So prepare for that time... Cheesy

Since before they are one big player in different types of market and industries. Reverse engineering industry, plastic wares industry and all sort of industries they are the biggest part of it and for our main concern which is bitcoin / cryptocurrency they are surely making their own regulation for their people. They may have banned crypto's(ICOs) and force close of exchanges, they had to remember that crypto's can run even without them.

FasTroy

sr. member

Activity: 434

Merit: 250

Quote from: Monkey D.Luffy on September 23, 2017, 05:23:16 PM

They try/tried to ban it and made it but people can still use em and invest in em they just can't openly state it.

They maybe can effect the Bitcoin for just a period of time, but they can't banned it which they result of dying or anything like that. Bitcoin is more powerful than be controlled by one country in the whole world. That right, that China have a high population but it's hard for them to destroy the Bitcoin.

Monkey D.Luffy

newbie

Activity: 9

Merit: 0

They try/tried to ban it and made it but people can still use em and invest in em they just can't openly state it.

Topic: China playing a game :D (Read 1035 times)