Topic: CHINA UPDATE: The news China doesn't want you to know. - page 2. (Read 4203 times)
I think it is 7pm now in China (mainland). Was really hoping to see some kind of news update but I guess I should have just checked now instead of every hour since 10am haha. Maybe no news is good news, is what OP was referring to? Anyway, trend looks to be going stable for now. Or China is waiting for Tuesday to troll people today.
Well China might not be banning mining, but they are banning ICO's - so all those tips of yours for China based ICOs are poor.
How can anyone recommend purchasing a Chinese based ICO like Neo with a straight face?
How can anyone recommend purchasing a Chinese based ICO like Neo with a straight face?
It seems when there aren't any news from China, everything goes up 
we just need them to be quiet for a month or two, and most crypto will reach their previous ATH
we just need them to be quiet for a month or two, and most crypto will reach their previous ATH 
Freaking China.
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
I spoke yesterday with Chang, the guy who is in charge of writing the legislation on crypto. It's all fine, don't worry guys!
...
Oh come on....
Freaking China.
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
I spoke yesterday with Chang, the guy who is in charge of writing the legislation on crypto. It's all fine, don't worry guys!
...
Oh come on....
I don't believe the mining ban will happen. I also don't believe they need legislation to do it, they can find existing rules or just express their displeasure.
Only suicidal idiots would carry on.
I also don't see how some guy who works in finance has the slightest clue about the internal workings of the chinese government.
Only suicidal idiots would carry on.
I also don't see how some guy who works in finance has the slightest clue about the internal workings of the chinese government.
Remember, bans can be lifted. The Chinese government has so far enforced bans, which it later lifts, when it comes to Bitcoin and crypto currency. The bans are usually just to keep things stable while they do their work.
I too do not see the connection between a hedge fund manager and government news waiting for release. But that is exactly how connected people work, to be honest.
I don't believe the mining ban will happen. I also don't believe they need legislation to do it, they can find existing rules or just express their displeasure.
Only suicidal idiots would carry on.
I also don't see how some guy who works in finance has the slightest clue about the internal workings of the chinese government.
Only suicidal idiots would carry on.
I also don't see how some guy who works in finance has the slightest clue about the internal workings of the chinese government.
Because of the way Chinese government works, these back and forths are perfectly possible. I don't discard a ban on chinese hosted mining, with (along with the exchange ban) a back pedaling that will consist mostly on issuing licenses and legislation where the Chinese State can get their cut. So what im saying is, I predict there will be a ban, and then both exchanges and mining will come back, all heavily monitored by Chinese government and all under strict licenses and paying a fee on everything.
All they want is to milk Bitcoin and make money doing so, I don't think the Chinese are strategically stupid enough to ostracize themselves into irrelevancy in the most relevant active that any nation should be aspiring to accumulate above gold for the first time in history.
Freaking China.
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
That is what i keep on telling to my friends. But they do not want to believe me. They went on and kept dumping not just the coins on the list but all they have and even btc because they said it wont be long till other governments ban all crypto currencies. Cant wait to rub it in their faces when the prices rise up. Too bad i only have a strong heart and belief with the coins but no funds to buy myself a lot of them. Sad.
Can't wait for Monday to come. It's been a while since we saw stable green market
i hope we will see tomorrow a last FUD or lie from BITMAIN like:
"we will stop mining by 30 septembre" so we can grab more coins at cheap prices!!!
"we will stop mining by 30 septembre" so we can grab more coins at cheap prices!!!
This guy is the worst fucking liar I've ever seen. Anyone who is here long enough knows China's banning minnig operations news are highly speculative lies. He acts like he discovered a secret, LOL!
Freaking China.
Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
China does not prohibit mining only ico projects that are banned because there are some alesan until the decision is made. so what's the right news? Ok, I'll be brief and to the point.
I spoke to a good friend of mine Xui, who is a Hedge Fund manager at one of the largest firms in mainland China (Hong Kong is NOT China people.) and he confirmed that there is NO current legislation or even PROPOSAL to ban mining. None.
The bulk of this downtrend has been of the coat tails of China declaring that it is going to regulate ICOs (This is gonna make the Chinese market much stronger and when they are back in the game full swing, watch the prices MOON.) and exchanges.
China is not stupid, they are also not the USA. They have a vastly different approach to government and legislation.
Back to my point. The FUD over China banning mining and network is false.
You are going to hear about this more on Monday, but to my dear friends on here, get your trades in over the weekend.
Picks of the day:
NEO @ $17.10 or better
ARK @ $2.57 or better
OMG @ $8.09 or better
WAVES @ $3.10 or better
*All long terms HODLS.
*I have a position in all
Hey guys -
Time will tell if I can be "trusted"
There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends. We will see more growth early Oct once the Chinese FUD and "Ghost Month" pass.
Is it too odd to think that someone has a friend in China? Even the Chinese hedge fund managers have friends, believe it or not.
Until then!
Time will tell if I can be "trusted"
There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends. We will see more growth early Oct once the Chinese FUD and "Ghost Month" pass.
Is it too odd to think that someone has a friend in China? Even the Chinese hedge fund managers have friends, believe it or not.
Until then!
You had me at Zencash.
I went through your posts and like a lot of the general advice you’ve been giving:
Diversify, find a good team, hold long term; all proven to work.
I’m a big believer in Zencash. They have a great team, an excellent governance model, and when Secure Nodes launch next month will be unique in the crypto space. Charles Hoskinson and his IOHK team have been helping in an unofficial capacity which tells me there’s more here than meets the eye.
I like Waves also, but need to do more research on the team.
Anyway, you do realize you made a do-or-die statement when you said:
“There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends”
If this happens tomorrow, you will gain a big following, if not, most will ignore anything else you have to say. For various reasons I hope your statement comes to pass.
After ZenCash got their public approval from Ethereum's Byzantine which went live this week, you can be sure that they are going to get a lot more recognition from the coming weeks. My only issue is that I still feel it is overpriced at almost $7 now. I have to wait at least for 4.50 before trying to get in on ZCash. Oh and yes I'm also waiting for tomorrow's FUD to see if this thread is true.
Hey guys -
Time will tell if I can be "trusted"
There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends. We will see more growth early Oct once the Chinese FUD and "Ghost Month" pass.
Is it too odd to think that someone has a friend in China? Even the Chinese hedge fund managers have friends, believe it or not.
Until then!
Time will tell if I can be "trusted"
There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends. We will see more growth early Oct once the Chinese FUD and "Ghost Month" pass.
Is it too odd to think that someone has a friend in China? Even the Chinese hedge fund managers have friends, believe it or not.
Until then!
You had me at Zencash.
I went through your posts and like a lot of the general advice you’ve been giving:
Diversify, find a good team, hold long term; all proven to work.
I’m a big believer in Zencash. They have a great team, an excellent governance model, and when Secure Nodes launch next month will be unique in the crypto space. Charles Hoskinson and his IOHK team have been helping in an unofficial capacity which tells me there’s more here than meets the eye.
I like Waves also, but need to do more research on the team.
Anyway, you do realize you made a do-or-die statement when you said:
“There will be an article on Coindesk about the FUD BS re:China on Monday that will help flip the market trends”
If this happens tomorrow you will gain a big following, if not, most will ignore anything else you have to say. For various reasons I hope your statement comes to pass.
I the beginning I thought so. The people love the panic and the collapse of a large part of the market!
That's the difference between a regulated market and an unregulated market like crypto. Because we are free to invest in what we want news will manipulate the market whether it's true or not. Governments will try to manipulate markets in order to get a piece of the cake, but the true winners are we that where in it from the start and HODLing till we go to the moon
Even i agree to this. There is no official announcement or even government related source have made any claim that China is banning exchanges or mining. This rumor gained grounds with BTCC owner claiming to suspend their exchange working by end of September. Many experts are calling that to be a manipulative move solely done for his own profits to buy in more cryptos at better price. Market has been highly volatile recently. He just took the benefit off panic sellers.
There is no China impact,good lesson for long time investment.Big Govts. cant stop crypto coins
That is the thing that I always want to believe in. That no matter what the Big players pull theirselves into, they will never beat Cryptocurrencies. Also many crypto enthusiasts know this too since they should be aware why bitcoin was created in the first place.
There is no China impact,good lesson for long time investment.Big Govts. cant stop crypto coins
I the beginning I thought so. The people love the panic and the collapse of a large part of the market!
They are trying to purchase Bitcoins for a cheap price. The mining of the coins is expensive as it is. 
To get low price and to control the citizens of the central Chinese government.
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