Topic: Do you want China be back into Bitcoin? - page 8. (Read 2250 times)
I think the answer here is obvious, and it is yes, since we already seen the impact that the Chinese can do when they banned their exchanges we saw a dip in the value of bitcoin, and for sure if they allow their exchanges to operate again and Bitcoin be accepted again, they can give a big boost to the value of Bitcoin, though we can make it through without China, it is still much better if we all invest in something great.
If China lift the ban in crypto currency i am sure that this will attract more investors. Remember that China is a populated country and i am pretty sure that some chinese investors sold their coins when the chinese government imposed the ban. There will also some effect on the price since more people will buy bitcoin or altcoins.
It doesn't matter at all to me whether or not we see China become a big player in Bitcoin (again, since something supposedly happened to their previous dominance of the crypto) or if they don't do anything at all. If the market remains healthy and we aren't experiencing massive fluctuations because of their absence, then there should be no problems.
Sure, having the extra money in the market is a good thing, but it also drags along a ton of whales and, let's be honest, most of them aren't the benevolent, savory type of investors most users would prefer them being.
That's assuming that China has exited the market at some point, though.
Sure, having the extra money in the market is a good thing, but it also drags along a ton of whales and, let's be honest, most of them aren't the benevolent, savory type of investors most users would prefer them being.
That's assuming that China has exited the market at some point, though.
not saying that china have a big effect on bitcoin if it still banned but for sure china coming back to crypto currencies world well make a positive reference
to the future ..i hate that any country ban the technology which will be used in the future to set a new world order i know iam dreamy but at least that's what i hope it will happen
to the future ..i hate that any country ban the technology which will be used in the future to set a new world order i know iam dreamy but at least that's what i hope it will happen
It will be beneficial for the bitcoin industry if China will be back in motion. China have been one of the most part of bitcoin users if they come back it will affect btc price positively. Also, Chinese miners will also be involve again and we can expect more supply of bitcoin that can sustain the industry in the long run.
they are stupid enough to ban the bitcoin, let them out of it.
I accept your think boss.it's totally foul,we already loss lots of money for chaina effects China will be back in bitcoin trading, I don't think Chinese government will keep restricting their people from cryptocurrency trading as government was also earning quite good amount through tax before. They might increase that tax and might impose different regulation in their new trading license, so I think current ban in bitcoin trading is just temporary one.
r8 sound great dude. I'm not from China, but i think that bitcoin is not an illegal thing, so why ban it?
If China come back to bitcoin, the price can increase, so we need to support this
I agree with your think but I think we still don't need or more china effects.already many people lost lots of money for chaina ban😭 I also loss If China come back to bitcoin, the price can increase, so we need to support this
Definitely,it would help for the progress of bitcoin.We could hope that china would have learnt a lesson that bitcoin is no more in need of china and it is china which needs it not to be isolated from development.But we should not forget that even when china banned bitcoin exchanges,people just switched to counter sales and hey just continued selling bitcoins P2P.Traders used telegram chats for such purposes.So,there would not be a huge difference in the trading volume of bitcoins even when china once again allows bitcoin trading in exchanges.
they are stupid enough to ban the bitcoin, let them out of it.
Of course. Because many Chinese investors are coming back to bitcoins. Really big demand will be able to get bitcoins when it is fulfilled. And this will affect the price increase. Hopefully In the coming december. China has already abolished the illegality of bitcoins to them.
China never really left... If you look at South Korean's exchanges volumes, it's pretty clear that the Chinese are trading very heavily there. So the ban only made them leave their previous exchanges into an international one.
But if the government does make it legal, it'll be a very bullish sign and we can expect the market cap to grow several % based on that.
But if the government does make it legal, it'll be a very bullish sign and we can expect the market cap to grow several % based on that.
Of course, it would be generally good for the crypto currency market if China returned to this market. However, in this case, he still has to streamline the ICO, since it is the Chinese that make him risky because of the increased likelihood of fraud. I would like the Chinese government, as it stated earlier, to regulate it in order to reduce such risks and protect the rights of investors.
That would be great if China will be back into Bitcoin. They are the biggest holder and user of Bitcoin. Most of our exchanges are also from them. If China will be active in the crypto market again, it only means that there will be an increase in demand and it will lead to price increase. Aside from that, it would be helpful for Bitcoin if China will trust it again because some of doubtful investors will also learn to trust it.
Many including me wants china to be back in bitcoin because there are many investors there. Chinese people are business - minded so they will contribute largely with bitcoin. China has a big marketplace for bitcoin and if they will uplift the ban in their country (convert bitcoin into yuan - their currency), more chinese people will invest in bitcoin and the price will increase.
I think if china is involved again in the bitcoin market it's a good thing.
especially miner in china, the more miners involved in mining will make an effect on Bitcoin prices.
But i don't really know if mining still is an illegal thing there.
especially miner in china, the more miners involved in mining will make an effect on Bitcoin prices.
But i don't really know if mining still is an illegal thing there.
With anything with China there are always some complications as China likes to have things within their own control. I would say that overall yes I would like China to be fully back in to the bitcoin and altcoin market but it's really a balance. China brings huge amounts of investment but they also bring lots of complications which can hurt the price of bitcoin. How can we be sure that they will not pull the plug as they have done so before? Realistically it is not a choice for us to make as that is the nature of bitcoin, it is not controlled by anyone so if China lifts restrictions on their citizens there's nothing we can do to stop them. Not to mention the fact of how many Chinese have still been investing in ICOs etc since the ban but using VPNs etc?? Probably a lot!
Yes i want to china came back. Because china is big marketplace of cryptocurrency . If china is back bitcoin price will be more high and create lot of opportunity for the bitcoin user.
Digital currency in China is totally illegal and banned, but they are the world largest trading market.
And if we are going to welcome back China, it is good for me. They might be a good contributor and great influence to the world of cryptocurrency. China is a big and developed countries and maybe they are good helper, supporter and investors for bitcoin and it is the way that bitcoin be worldwide currency
And if we are going to welcome back China, it is good for me. They might be a good contributor and great influence to the world of cryptocurrency. China is a big and developed countries and maybe they are good helper, supporter and investors for bitcoin and it is the way that bitcoin be worldwide currency
Yes, I believe that china should back to the bitcoin.China is one of the largest markets in the world.The price of bitcoin will iincrease more aand more.If they come back there will be many opportunities will be create for bit coiners.
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