Topic: Do you want China be back into Bitcoin? - page 4. (Read 2190 times)
at the last year, when china banned bitcoin in their country, bitcoin has suffered a huge drop in its price,but later bitcoin rise back to its place and rise even higher without any help from china investors. so i think until now, we may dont need them anymore, because bitcoin will survive with or without them.
There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?
Quote
Future of Cryptocurrencies in China
It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.
In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...
It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.
In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...
Yeah, China is very big conrtibutor in criptocurrency technologies. And I hope chinese team will work further with the same success as it was before
Bitcoin future does not depend on any country. You can see, Bitcoin still develop without China market. So, I do not have any feeling when China come back.
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I think china is back again and if I take a look in china market, the transaction is still fast like usual and although there is no news again from the chinese government related with cryptocurrency, I think people from china still buy and sell bitcoin. I think if china really comes back in the cryptocurrency especially in bitcoin, the bitcoin price itself will increase higher again so we can see bitcoin is not just dominated by china but people from another country too.
China being back into Bitcoin will bring nothing but benefits, specifically increasing its market value given the influence which the said country has on the global market scheme.
There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?
Quote
Future of Cryptocurrencies in China
It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.
In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...
It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.
In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...
CHINA is 90% of the BITCOIN mining, worldwide, most of these pristine mined coins are sold at 10X face value to anonymous investors ( chinese billionaires ), why perpetuate the myth that CHINA ain't involved, hell BITCOIN is china, like it or not.
99% of all BTC's mined, are mined by ANT-MINERS, a CHINESE Firm, like it or not.
China has cheapest electricity on earth, free to mining billionaires,
CHINA never banned BTC, they banned ICO's that were stealing from old ppl, they shutdown exchanges that were selling alt-shit-coins
To be honest, i will be happy if china comeback investing in bitcoin.
China is very big market and can lead bitcoin to the moon.
China is very big market and can lead bitcoin to the moon.
i want china be part of bitcoin community because they are so rich and they have lot of marketing strategy they can help us to increase the price of bitcoin in very fast way they have the highest population in the world and some of them are so rich enough to support bitcoin.
Yes China should be welcome on coming back to bitcoin Because China is a very big market and if China contributes in bitcoin then it not only bost and make bitcoin strong but also helps many investors from China to start their future with bitcoin again.
Of course thes could help the market value of bitcoin in the economic market. Also since most the people of china are business minded these could really be a possible factor for the major changes to bitcoin, because these could lead to many business establishment accept bitcoin as mode of payment for their products and services. In which if this happen to be in reality this could lead to.improvement of bitcoin price.
To be honest, I don't want China to be back on the bitcoin world. As we all know, China is good in ruining a products price and creating its own brand. This might also happen on bitcoin and I don't want that to happen. If China gets back on bitcoin, its like a double edge sword. Its either bitcoin's price will increase or there will be a decrease on its price because of high demand and low supply. I don't know but I have a bad feeling every time I think that China will enter the bitcoin world again. Maybe I'm wrong, I hope that I am wrong.
Yes, I think we should welcome China into Bitcoin. Their population is so huge and that means big potential investors. This also means bigger profits to existing investors. Many will benefit from this.
I hope that BTC can enter China and have a large population in China so that it can better promote the development of BTC so that the price of BTC will further increase. However, it seems that China has not yet opened up signs of BTC transactions. I still look forward to it.
Doesn't matter. Bitcoin is doing very well without China. It's their loss. They'll be left behind. Cryptocurrency is the thing of the future. All-time high right now at $9,000 without them.
Well if china would have a change of heart, then they're welcome to do so but they know that they don't hold any power anymore to sway the market. I think they've started to.backtrack already and approved some exchanges.
Its ok for me so there will be more miners and the value of bitcoins will keep on increasing, From my research, 30% of the contributor in the market is coming from china so i think that the value of bitcoins will greatly increase if china will be back in mining.
Doesn't matter. Bitcoin is doing very well without China. It's their loss. They'll be left behind. Cryptocurrency is the thing of the future. All-time high right now at $9,000 without them.
Indeed off course we need china back to the bitcoin on the grounds that we need that all the world begin utilizing bitcoin with the goal that the rate of bitcoin is expanded to an ever increasing extent and furthermore bitcoin can begin to acknowledge as installment in every one of the regions including shops and so forth and this is conceivable in less time. 
There is no problem for me if china becomes the reason behind of the success of the bitcoin. as long as the knowledge of human will help the entire humanity. We should be grateful because they share something make everyone’s life more convenient and easier.
yes, we always invite it for a strong cryptocurrency world. china is the better option for get more opportunity to helping out a good platform to cryptographic coin or currency.
Doesn't matter. Bitcoin is doing very well without China. It's their loss. They'll be left behind. Cryptocurrency is the thing of the future. All-time high right now at $9,000 without them.
Well if china would have a change of heart, then they're welcome to do so but they know that they don't hold any power anymore to sway the market. I think they've started to.backtrack already and approved some exchanges.
Doesn't matter. Bitcoin is doing very well without China. It's their loss. They'll be left behind. Cryptocurrency is the thing of the future. All-time high right now at $9,000 without them.
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