I would say China wants to make a statement, to get to be associated with bitcoin and its properties. I believe the banning would either bring moves to monitor or trying to control.
China is not against bitcoins or any other digital currency. There was a time when eighty percent of the bitcoin trading was done in that land. Whatever China has been doing is just for the safety of investors and its local currency yawn. Moreover, still some people in China will be dealing in bitcoins and even its cut off from this digital world, bitcoins won't die. 
Topic: China Will Kill Bitcoin: A Conspiracy Theory - page 5. (Read 4126 times)
I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
Well why should china burn the coins ? There should be a services who accept bitcoins as donation. But i am afraid with tax. If government start accepting bitcoins they can applied highly tax for sure. So my answer is yes bitcoin can help community by donation. The amount which government gather in form of bitcoins from citizens should be donated to help the poor.Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
I think you are going to far. China like to keep an eye on their money, and bitcoin doesn't help them in that task. They will fight it if they can't control it, but I don't think it will ever go that far, and truly don't believe that even if they ban bitcoin, the other countries will follow. All countries will feel the need to regulate bitcoin, and that's about it.
I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
Well why should china burn the coins ? There should be a services who accept bitcoins as donation. But i am afraid with tax. If government start accepting bitcoins they can applied highly tax for sure. So my answer is yes bitcoin can help community by donation. The amount which government gather in form of bitcoins from citizens should be donated to help the poor. Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
Wooaaahh.!..You really had a bad hallucination, mate! That's kinda creative but very dark. I don't think China will do that. They just banned ICOs becasr of scammers. It's very hard to trace bitcoin transactions because of its anonimosity. How can they tract all the people who used bitcoin? Bitcoin is unstoppable!:) Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
I would say China wants to make a statement, to get to be associated with bitcoin and its properties. I believe the banning would either bring moves to monitor or trying to control.
I'd say it's impossible for any government to "kill" Bitcoin; sure, they can ban it or make it illegal in their jurisdiction thus making the exchange of fiat to btc and vice versa quite hard, but how are they going to go after the people who are making transactions or holding it in their wallets? It's kind of like torrenting imo, it can't really be killed as long as it's decentralized.
Nope, Everyone who will be believing this FUD will be considered as total Fool. Bitcoin Climbs again without help of any chinese. It's only a portion of the market and lots of lots of big investor are not yet coming in into cryptos meaning there's more for btc. RIP china BTC don't need you to climb it's heights.
China will not kill bitcoin because bitcoin is a really strong cryptocurrency in the world and china is just a piece of cake for bitcoin to let it destroy bitcoin because bitcoin done a lot of things and it is already been through a lot of problems and none of that will be able to kill bitcoin.
Even though the effect of the decisions by the Chinese government is reaching an unprecedented level and the last time we went as low as this in recent time is prior August 1 but right now its facing us again.
The way bitcoin is structured, I don't think Chinese government can successfully kill it and its no other reason that when group of people resolve to go a particular way come what may, they can only be put down but not defeated and that is exactly what will happen in the case of bitcoin. Bitcoin has grown beyond nationalities or even continent and a whole lot of us have resolved to make this a success.
This is not the sensible decision by Chinese to ban bitcoin as world is looking forward to accept the values and trades of bit coin and they are banning it and this will left them behind from the progressing as many of shopping will be done by bitcoins in future and they are not accepting it will give them loss and those who believe in bitcoin will not be effected by this decision of Chinese and will invest more to gain more. The way bitcoin is structured, I don't think Chinese government can successfully kill it and its no other reason that when group of people resolve to go a particular way come what may, they can only be put down but not defeated and that is exactly what will happen in the case of bitcoin. Bitcoin has grown beyond nationalities or even continent and a whole lot of us have resolved to make this a success.
this is because Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says... this is the reason why China has junk the use of bitcoins in their country. They are basically afraid that they will lose their economic power eventually.
On the other hand, they should be looking for the economic success it would bring, they surrendered in finding ways to regulate bitcoin and that will lead them incompetent, they cannot stop the changes and whatever they do some countries will continue the development as decentralization is the new system that would be beneficial to the people.system they just wanted to make sure that they are controlling crypto from their jurisdictions.
i think china become success to make peoples panic and they already selling their bitcoin and now big whales is taking the benefits because bitcoin price is down so they can buy in a big amount. for the first time I heard that china will banning bitcoin, I wonder if its true because like above me said, china got a huge numbers of miners and I don't think that the miners will stay calm with the news.
this is because Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says... this is the reason why China has junk the use of bitcoins in their country. They are basically afraid that they will lose their economic power eventually.
On the other hand, they should be looking for the economic success it would bring, they surrendered in finding ways to regulate bitcoin and that will lead them incompetent, they cannot stop the changes and whatever they do some countries will continue the development as decentralization is the new system that would be beneficial to the people.system they just wanted to make sure that they are controlling crypto from their jurisdictions.
this is because Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says... this is the reason why China has junk the use of bitcoins in their country. They are basically afraid that they will lose their economic power eventually.
On the other hand, they should be looking for the economic success it would bring, they surrendered in finding ways to regulate bitcoin and that will lead them incompetent, they cannot stop the changes and whatever they do some countries will continue the development as decentralization is the new system that would be beneficial to the people. 
this is because Bitcoin Exchanges Lack Legal Foundation, China Internet Finance Association Says... this is the reason why China has junk the use of bitcoins in their country. They are basically afraid that they will lose their economic power eventually.
Even though the effect of the decisions by the Chinese government is reaching an unprecedented level and the last time we went as low as this in recent time is prior August 1 but right now its facing us again.
The way bitcoin is structured, I don't think Chinese government can successfully kill it and its no other reason that when group of people resolve to go a particular way come what may, they can only be put down but not defeated and that is exactly what will happen in the case of bitcoin. Bitcoin has grown beyond nationalities or even continent and a whole lot of us have resolved to make this a success.
The way bitcoin is structured, I don't think Chinese government can successfully kill it and its no other reason that when group of people resolve to go a particular way come what may, they can only be put down but not defeated and that is exactly what will happen in the case of bitcoin. Bitcoin has grown beyond nationalities or even continent and a whole lot of us have resolved to make this a success.
I dont think this would happened, I have my own speculation about this. I feel, theres a hidden agenda for ico bannings and closing exchanges. And that is to cast fear and make bitcoin dropped severely. Chinese whales are waiting for your coins in the dip.
You must be really high when you wrote this. LOL!! I think China just wants to regulate the use of Bitcoin so that they themselves will be able to monitor it and the government will have a hold on the crypto coins as well and can manipulate the market.
Hahahahahahahaha.... This post made me laugh out loud... Well.. Chinese government can never be trusted so I will support it 10/10.... Even the people living there doesn't know about what the government is gonna do next and what it is doing and why it is doing 😒....
Sorry it isn't intended for any person who lives in china..I feel not the citizens but the government is flawed...😓
Sorry it isn't intended for any person who lives in china..I feel not the citizens but the government is flawed...😓
I am presenting a speculative idea and a conspiracy theory and here it is: China is planning to kill the whole of the cryptocurrency market starting with the biggest of them all Bitcoin and all the rest will follow. In fact, there is a detailed plan being worked out on here and it started with the banning of all ICO projects...next is the ban of all Bitcoin exchanges and soon all citizens of China having Bitcoin will be imprisoned for 20 years (only 5 years if the person will surrender his Bitcoin to the government for possible burning).
Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
Well let me tell you this little theory of yours Is utter bull shit. China hasn't banned exchanges till now and if they do they will suffer a loss, second if China even plans to imprison people who use bitcoin in their country, then they will need a large amount of prisons built especially for the people who use bitcoin or any other crypto currency. So this will really turn out bad for China if they are foolish enough to do such things like you pointed out. Do you think am I hallucinating due to the "shabu I bought coming from China? Or am I only making some predictions that has more chance to come true than playing in lottery?
Please tell me what you think...and let's have some fun!
they was already manipulating bitcoin market even since several years ago and now china looks want to kill bitcoin then i have to agreed with you after banned ICO then they banned exchanges and eventually perhaps they will ban too all of cryptocurrencies indeed this is the fearest things for us as the bitcoin users because this country looks don't want bitcoin even stronger
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