Topic: China wants to ban bitcoin…again to create their own cryptocurrency exchange? (Read 350 times)
February 08, 2018, 09:02:39 AM
china's one of the largest investors on the market and they have most of the miners. but people that supports cryptocurrency don't stop on a single country. we continue to move forward. crypto currency is the future
February 08, 2018, 08:48:28 AM
china does not grasp this is now a GLOBAL decentralised trustless currency/storage of wealth
You can not replicate that and maintain full control by creating your own centrally controlled crypto
Sadly china will miss out on this new opportunity.
Which is sad for them since they were ahead of the game at one point and now throw it all away.
You can not replicate that and maintain full control by creating your own centrally controlled crypto
Sadly china will miss out on this new opportunity.
Which is sad for them since they were ahead of the game at one point and now throw it all away.
February 08, 2018, 08:35:20 AM
When it comes to a decentralized crypto market, any prohibitions look ridiculous! They want to get maximum control so they try different management options.
Regards Denis
Regards Denis
February 08, 2018, 08:24:07 AM
The Chinese Government ban youtube then promote Youku, ban google then they create Baidu, ban facebook to promote weibo
and now, they block access to international cryptocurrency exchanges to create their own cryptocurrency exchange?
China to Block Access to International Cryptocurrency Exchanges - https://news.bitcoin.com/china-block-access-international-cryptocurrency-exchanges/
It is a common thing to these communist countries they just want to control the whole nation,no one gets in or out to their premises.This is how they play the game being greedy will make them succeed to their goals.They just dont want to get into a moving train that is why they will create their own things,they arent that type of people who will socialize with other races they are famous duplicating things so there nothing new about this. and now, they block access to international cryptocurrency exchanges to create their own cryptocurrency exchange?
China to Block Access to International Cryptocurrency Exchanges - https://news.bitcoin.com/china-block-access-international-cryptocurrency-exchanges/
February 08, 2018, 08:12:25 AM
It seems to me that China will not be able to do anything with this phenomenon. Crypto currency is the technology of the future. Therefore, those who do not use them will always be behind, and China is a country of technology, so they will not be able to prohibit decentralization and new technologies. I hope so.
February 08, 2018, 08:03:17 AM
Probably both.
If they ban btc first, they can ban some other coins later and then introduce their own currency.
If they ban btc first, they can ban some other coins later and then introduce their own currency.
No ban crypto. Chinese want to come back money in crypto to the country)))
February 08, 2018, 03:00:51 AM
I am not surprised that China bans cryptocurrency trading and exchange, China is closed society and the idea that they could suddenly embrace cryptocurrency that pushes idea of freedom beyond democracy is preposterous!
Well, the government in China has a right to banned bitcoin and other crypto currencies in there country. Since then it has being announced last year 2017 that declaration is partially banned only, further more we are affected by them because of there local investors have a lot of mining bitcoin that support the blockchain. With this final judgement were it was totally banned we were hoping for recovery of bitcoin in some parts of the world accepting crypto currencies.
February 08, 2018, 02:54:31 AM
Probably both.
If they ban btc first, they can ban some other coins later and then introduce their own currency.
If they ban btc first, they can ban some other coins later and then introduce their own currency.
February 08, 2018, 02:46:16 AM
I am not surprised that China bans cryptocurrency trading and exchange, China is closed society and the idea that they could suddenly embrace cryptocurrency that pushes idea of freedom beyond democracy is preposterous!
February 08, 2018, 02:42:51 AM
yes, china has a passion for world domination, all want to have and lead by it. they are very clever and dangerous
The second beta of Bitcoin china has a tremendous impact on the crypto market and may also be an opportunity for beginners.
Currently, Bitcoin's capitalization is 50% larger than the overall market for coinmarketcap, so the overall cost of altcoin is now dependent on the level of bitcoin growth, bitcoin on the altcoin and bitcoin. altcoin down, and currently bitcoin is in the down trend + china board bitcoin do bitcoin altcoin all fell sharply.
The opportunity for newcomers is that when bitcoin can drop sharply to $ 5000, that's the real value of a bitcoin mining, and the opportunity to buy cheap bitcoins as well as market entry at the right time for people. new.
February 08, 2018, 02:18:28 AM
yes, china has a passion for world domination, all want to have and lead by it. they are very clever and dangerous
February 08, 2018, 01:45:44 AM
they are creating fears to capture cheap btc.
February 08, 2018, 01:44:10 AM
It will do everyone so much good if the Chinese will come out with a position on this issue once for all. This everyday intending to ban is utterly annoying. It is making the system restive.
February 08, 2018, 01:37:53 AM
In loop for crypto exchanges will not benefit for china. They are the biggest bitcoin and miner exporter in the world.
So this will be a suicide for china. They need to export all crypto coins and miners. so i don' think they are building own exchange.
So this will be a suicide for china. They need to export all crypto coins and miners. so i don' think they are building own exchange.
February 08, 2018, 01:35:53 AM
China always try to ban or restrict bitcoin when the price rises too much. This already happened in 2014 and finally, once their chinese investors got enough coins, their position changed. I've been always wondering if some chinese investors weren't in the governement and trying to make fud to buy lower 
Anyway, indeed, they could create their own exchange, but that couldn't protect them against decentralized exchanges that will progress in the next years.
Anyway, indeed, they could create their own exchange, but that couldn't protect them against decentralized exchanges that will progress in the next years.
February 08, 2018, 01:31:01 AM
The Chinese Government ban youtube then promote Youku, ban google then they create Baidu, ban facebook to promote weibo
and now, they block access to international cryptocurrency exchanges to create their own cryptocurrency exchange?
China to Block Access to International Cryptocurrency Exchanges - https://news.bitcoin.com/china-block-access-international-cryptocurrency-exchanges/
and now, they block access to international cryptocurrency exchanges to create their own cryptocurrency exchange?
China to Block Access to International Cryptocurrency Exchanges - https://news.bitcoin.com/china-block-access-international-cryptocurrency-exchanges/
Actually china,didnt want that foreign country control into there economy that why they trying to manipulate everything in there own,just like happen now in crypto currency,they block all access of foreign exchange including trading and ICO investment,because they want to build of there own currency.the question if how about we would not patronized also there product and not recognize also there own cryptocurrency maked and we not accept that in all our trading exchange market,so that they will learned from there mistake.
February 08, 2018, 01:22:12 AM
China... again , i am totally bored with china regulators , they have plans as always. They gonna collect the last usd of the world !
February 08, 2018, 01:18:34 AM
China is just trying to manipulate the market prices to help themselves.
It's all games.
I agree with what you are saying completely. The Chinese governament are obviously trying to manipulate the crypto market and bitcoin in different ways to their own advantage which is why I feel that ignoring them is the best way to not let them succeed in their pursuits. Many major governments will keep trying to regulate the entire market in some manner or another, but this will obviously not affect Bitcoin in the long run which is why I advise everyone to ignore such FUD and HODL your coins for long term profits. It's all games.
February 08, 2018, 12:59:07 AM
In the future we'll also see the ban from different countries and after some time they'll lift the ban as cryptocurrency is the future and whether they launch their own or support well-established coin that's up to them.
February 07, 2018, 11:53:56 PM
China is just trying to manipulate the market prices to help themselves.
It's all games.
It's all games.
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