China trying its best to get hated - page 4.

Silberman

legendary

Activity: 2534

Merit: 1338

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

Let them, they had the best position to take advantage of the revolution that is coming, it is known the leaders of China are sick of the US dollar being the dominant currency around the world, and out of nowhere they had access to the best tool possible to challenge that supremacy, they had bitcoin and even if they could not control it they could have supported it to try to undermine the US, but now they have rejected it and many other countries will get the benefits while they watch from the sidelines.

cheezcarls

hero member

Activity: 2282

Merit: 659

Looking for gigs

Well yes but not just in Bitcoin and cryptocurrency crackdown, but here are some:

1. The Great Firewall (banning Facebook, Google, etc.)
2. Limiting gamers below 18 years old in playing video games to just 3 hours a week
3. Cracking down on big tech companies
4. Cracking down on showbiz and celebrities

And so on.....

It would be hard to live in China with these certain events, especially that all Bitcoin and other related crypto transactions are deemed illegal.

Ararbermas

sr. member

Activity: 2016

Merit: 283

Yep they're trending now in the space because of a bunch of negative news from them around the internet , but perhaps a lot of people will see the real reason as well why china is so hated in crypto currency nowadays. Infact it's very obvious tho wherein since they created their own digital currency they're suddenly become against to crypto.. So that means china wants to take over crypto? because you know there's no other reason to be honest why they keep trying their best to get hated with crypto. Smell not good.. Lol

WontRegret

jr. member

Activity: 50

Merit: 1

For Me its like China bans BTC for 9999 times. We can expect these news after next BTC halving too.. They are going to ban BTC for 10000 times after 4 years Lol Grin

Marykeller

hero member

Activity: 1064

Merit: 501

China has never believed in Bitcoin as the king of cryptocurrency. Due to the hatred, they have against Bitcoin they placed Bitcoin in 10th position as their most favourite coin.
I will not be surprised if China ban crypto tomorrow but before then, let's see whether they will have a rethink of having their digital coin before then

Wildwest

sr. member

Activity: 1701

Merit: 308

Now there is a decline in the world of bitcoin, and this is the result of the chinese government banning bitcoin transactions in all regions, if this is true then they have expelled big investors who have previously been so many in the country, I think this is the wrong decision taken by the government let alone China is already known as a business country that is already so big in the world, We as crypto users do not worry about the decision of the chinese government at this time because there are still many other countries that are currently developing the crypto world to be used as a transaction tool.

michellee

hero member

Activity: 2604

Merit: 816

🐺Spinarium.com🐺 - iGaming casino

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.
What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).
Should we really expect a bear market?

You must hold on tight to your bitcoin, sit back, and enjoy the moment if that happens. If you have money, you can buy whatever coin you want to buy, not just bitcoin because altcoin will go down behind bitcoin. China's government will see what will happen to their country and if that means the major investors will leave their country, let it happen. Even if the bear market is coming, you do not have to worry about the bear market because the market will recover and will have another bull run.

Ultegra134

hero member

Activity: 1750

Merit: 904

Quote from: suryogandul on September 25, 2021, 03:55:17 AM

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

China repeatedly has a policy of being very unsupportive of the crypto market and appears selfish in its policies. i think china may have a specific purpose and china doesn't want other countries to be able to compete with china in crypto, so china is issuing unreasonable policies

That's true, China was never supportive of cryptocurrency, despite having large mining operations. This isn't something new, a quick look back in the past few years will reveal a lot about China and its policies against the freedom of its citizens. Such incidents will definitely affect the market, up to a degree, however, its impact won't last long and will recover eventually.

A BLackPearl

newbie

Activity: 27

Merit: 0

Slowly China's impact on bitcoin is getting smaller and smaller until there is no impact. There may be a part of the price of Bitcoin. The reason is because China's encrypted currency enthusiast sells the coins in his hand, causing a short time to encrypt the currency market.

suryogandul

full member

Activity: 550

Merit: 100

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

China repeatedly has a policy of being very unsupportive of the crypto market and appears selfish in its policies. i think china may have a specific purpose and china doesn't want other countries to be able to compete with china in crypto, so china is issuing unreasonable policies

Gyfts

legendary

Activity: 2828

Merit: 1515

I find your moral compass to be obtuse.

The communist nation of China, when they round up millions of uyghur muslims and subject them to concentration camps in which their heads are shaved and forcibly sterilized is not the time to hate China, or to mention their behavior, but an empty threat (as in no enforcement in the present, perhaps in the future) of banning crypto and that's the time to hate?

Maeve@

jr. member

Activity: 40

Merit: 1

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

I don't think that China's policies have affected cryptocurrencies. When Bitcoin and other currencies fall, it may give us all a chance! Let us have the opportunity to buy Bitcoin at a low price! Thank China!

Louis Harper

jr. member

Activity: 50

Merit: 5

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

China owns its own currency, and they are also for the benefit of its own country. China's strength cannot be underestimated, and the economy is strong enough. They do not want citizens of their country to generally accept cryptocurrency, so that their country's currency will naturally be adopted at a lower rate. It’s not surprising that some people support cryptocurrency and others oppose it.

EewardDean

newbie

Activity: 27

Merit: 1

In fact, many countries in the world oppose the popularization of cryptocurrency in China, but the influence of China alone can make the currency price plummet. In the future, we can see that many countries will ban the popularization of cryptocurrencies in their own countries, because this is only their own. This will exacerbate money laundering and illegal activities.

Melody kdl

jr. member

Activity: 55

Merit: 5

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

China has always been an image of a powerful country in the world. Every move will be noticed by countries and people around the world, and will be affected by emotions. China has always been different from the practice of most countries, and more and more people and countries accept virtual reality. When it comes to currency, China runs in the opposite direction, but there are many crypto enthusiasts in China, but the Chinese government does not support it.

Dread Pirate Roberts

sr. member

Activity: 1512

Merit: 326

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Maybe people's perception of bitcoin is more dominated by China is still exist today. even though the news of the rejection of crypto's existence in China has always been discussed by the crypto community, and it is possible with this to create a new view that crypto does not depend on an economy or the regulations of a particular country. if bitcoin can survive and get through news like this without making too much of an impact I think that's a good thing.

MIldic1c

jr. member

Activity: 60

Merit: 5

China has always been less optimistic about cryptocurrencies, opposed to cryptocurrencies, and explicitly proposed a series of measures such as prohibiting domestic mining. It is understandable that they have their own currency. For the benefit of their own country, we cannot interfere in the decision-making of their government. We just make our own choices.

worle1bm

full member

Activity: 1834

Merit: 166

Quote from: mk4 on September 24, 2021, 10:27:52 AM

This has been like what? The 74278323th time China has dropped a hammer on bitcoin/crypto already? And funnily enough, the FUD is still working lol.

They have developed a hobby of announcing such things after some intervals

The current year 2030: Media and articles be like China has ban bitcoin trading in the country Grin

Fed up with their boring bans all the time.

iyamoxjhian

member

Activity: 356

Merit: 10

Maybe their government is threathened that People who were working with bitcoin can be more powerful and influential and might overcome them. We know that not all of their citizens agrees with their government and its propagandas. And most of those rebellious people or against their government wills are smarter than them. It might be a threat for them that they will be forced out by these people who are working with bitcoin. They believe that once you are wealthy and rich then you are powerful and not all officials or in higher positions in their government is against with bitcoin. Infact, who knows, maybe their one of the popular people whose working with bitcoin too.

KaliLinux

hero member

Activity: 1344

Merit: 565

Quote from: PercT4b on September 24, 2021, 09:37:16 AM

I honestly think that people are starting to get really sick of China's behavior.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Should we really expect a bear market?

Was this even new NEWS out of China? I believe that people that want to manipulate the market will continue to put out all this FUD and it is just so unfortunate that with all China has been doing against Bitcoin, it makes it easier to always put China out there because it influences the market quicker. but at the end of the day, Investors should only know how to take advantage of the market conditions whenever the opportunity arises.

Topic: China trying its best to get hated - page 4. (Read 666 times)