China wants to ban bitcoin…again to create their own cryptocurrency exchange? - page 2.

makishart

legendary

Activity: 3108

Merit: 1029

Quote from: matsusomoto on February 06, 2018, 03:44:28 AM

Quote from: Max Lee on February 05, 2018, 11:09:40 PM

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/

Theres nothing new about this news,you are just making another panic at the market,stop spreading FUD the market hasnt yet recovered and the total marketcap is still declining,do you want to end cryptocurrency's era?

China is trying to make and use their product rather than try to use other's product. Well said that China is always trying to copied or make a clone of the various thing and this already happened with multiple product and system. Just like the military system of rusia and us has been copied by china. And this time china is creating another fud to make crypto users scared to see that.

angjosh

newbie

Activity: 126

Merit: 0

Quote from: cherryscarlett on February 07, 2018, 11:26:36 PM

China is a corrupt country, and the country doesn't seem to have a democracy at the moment. They just want to put the money-making market in cryptocurrency markets into the government's hands.

So china has scrubbed all websites offering cryptocurrency trading services or advertising the digital currency market from search engines and social media in a bid to wipe out the trade. Really? They say they are doing this to "prevent financial risk" Roll Eyes

cherryscarlett

member

Activity: 238

Merit: 10

Power the World for FREE

China is a corrupt country, and the country doesn't seem to have a democracy at the moment. They just want to put the money-making market in cryptocurrency markets into the government's hands.

gorodi

full member

Activity: 476

Merit: 100

Quote from: Yuli.2205 on February 05, 2018, 11:14:19 PM

This is the way the Chinese Government's easy to guess.
After all, BTC will be go to 20.000$

China wants be make their country the richest one in the world, thus its government makes these steps. As for the price of Bitcoin, now we will not see its 20 thousand prices in the nearest several months. IMHO.

Onestepinhell

full member

Activity: 462

Merit: 100

Good Morning

Well, the Chinese are not all of Asia, let them do what they want, for me they simply will not be allowed to take everything in their own hands. There are other powerful states that will not simply give them everything to do.

matsusomoto

member

Activity: 182

Merit: 10

Quote from: Max Lee on February 05, 2018, 11:09:40 PM

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/

Theres nothing new about this news,you are just making another panic at the market,stop spreading FUD the market hasnt yet recovered and the total marketcap is still declining,do you want to end cryptocurrency's era?

Gogochen

member

Activity: 238

Merit: 10

Yes, the Chinese government likes to do this because it can help local IT companies.
As they were driving out Google, so the search engine baidu to development, now they banned foreign encryption currency exchange, I think they just want to create their own exchange.

rowel21

member

Activity: 182

Merit: 10

What do we expect they don't honor for things they can't control or they won't gain something then if they implemented their own crypto sooner the other country will make there own it is the end of world crypto
Or there will be a battle of its cryptos and it will be a huge pump and a possibilities the price will rise in the level that we can't imagine

Theory you think

auliahr

full member

Activity: 518

Merit: 100

the wind is blowing hard and bringing bad news all over the country.
to be honest I was sick of seeing and hearing news like this. whether it will make things worse or not, I do not care anymore.

you think, if a country closes and prohibits exchanges, who will get the biggest losses? its own citizens.

skelethon

newbie

Activity: 168

Merit: 0

Not surprised China wants to create a monopoly they can easily control, one of the reasons I don't like Ripple.

Of course, could all just be FUD, hopefully.

inyakizuryel

full member

Activity: 378

Merit: 104

Quote from: Max Lee on February 05, 2018, 11:09:40 PM

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/

I really don't know the thinking of the chinese government, they want to create their own style of cryptocurrencies to help increase their income as Chinese people or government, I think they really want to rule the world especially when it comes to money, I am not against that way because everybody really wants money but for me that's being greedy and by that the population of Chinese people that are being banned from cryptocurrency will be a big factor in our industry that is why the market is in the red zone, it is one of the factors.

rollingstorm45

member

Activity: 448

Merit: 17

yes, and you can already guess what will happen
like the previous drama, the price will definitely bounce very high

sourish

full member

Activity: 532

Merit: 114

China with its great firewall is not the only cloud over the crypto horizon. Retail and banks turning away has also created a major spark in the argument of bitcoin. Is it a bubble of denial By investors or a bubble of uncertainty by policy makers.

almost09

jr. member

Activity: 135

Merit: 2

china has always been a villain in the cryptocurrency saga. today it is not only digital token that us being transferred in the blockchain but also information.. valuable information that is unhackable. they fear blockchain because they have no control over it. so they go after the users and exchanges instead.

99th

member

Activity: 196

Merit: 22

Las Vegas

I thought NEO was what most people in China were using and believed in? So now China wants to create something only they own and have access to and profit from it through the sales of it to their own citizens? Sounds pretty lame to be honest. I can see this being a massive issue with the global crypto market regaining some value. This is yet another bad piece of news.

ramini

member

Activity: 126

Merit: 11

ICO Starting on 1st of April

Well, I'm thinking that they're developing their own blockchain and will be used exclusively within their country (China) in the future. I don't know about their plans even they already know that Bitcoin, Blockchain and Cryptocurrency is the future of our monetary system for economy and trading industry.
Many countries now are adapting blockchain for their advantage like Russia, Switzerland, Venezuela etc but China, Bangladesh and other countries aren't yet friendly for blockchain.
Maybe in the future China will bring innovation for Blockchain Technology but as of now everyone's clueless behind their cryptocurrency restrictions.

Joyce.Chu

newbie

Activity: 13

Merit: 0

"One everyone who may be in is in, there is no more fuel to the upside. "

Then how can you call it a bubble when the price drops in response to government persecution?

Yuli.2205

newbie

Activity: 12

Merit: 0

Chinese people will soon be moving to the next country with their laptops, lol Grin

Max Lee

newbie

Activity: 96

Merit: 0

everybody who wants to buy BTC can do that people find their ways always

Pivo

legendary

Activity: 1876

Merit: 1000

Quote from: Max Lee on February 05, 2018, 11:09:40 PM

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 FUD! China did not ban cryptoexchange. China trying to keep all crypto in one place - China!!

Topic: China wants to ban bitcoin…again to create their own cryptocurrency exchange? - page 2. (Read 354 times)