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Topic: History might repeat itself once again- The new China ban (Read 261 times)

newbie
Activity: 4
Merit: 0
Well, referring the report of Forbes, only 5% women are now in the industry which remarkably low. But I don't believe that the participation ratio have to be equal. Because the crypto industry is gender neutral factor and it will not be developed by equal participation by male and female.

Keeping aside the thinks, industry leaders should take steps so that the participation rate go higher in coming days since, my strong faith is, they are well dedicated and able to be the top contributors for the industry. 
full member
Activity: 297
Merit: 100
This strange Chinese decision, apparently, is connected with the trade wars being waged now all over the world. It will lead to an influx of dollars into the Chinese economy due to the sale of crypto assets by Chinese investors. Many of them will go to Singaporean jurisdiction. Most likely, such a decision is lobbied from there.
newbie
Activity: 224
Merit: 0
If the history will repeat itself then we should buy bitcoin now because a big increase are coming up. The movement of Chinese goverment won't be soething new at all. China is one of the biggest and strongest countries in the world and they want to take effect on this crypto world so as long as some thing big comes up, they will involve
full member
Activity: 588
Merit: 100
Mmm...well maybe what you are saying could be true. The price of Bitcoin has been gradually rising of late and I think this might have a relation even though there are numerous reasons that can affect the price of Bitcoin. We hope this latest gradual bull run is real and no bad news occur on our way to the top.
jr. member
Activity: 308
Merit: 4
MenaPay - Crypto made easier than cash
China moves again? That is not something new. These guys are the biggest market manipulators where these chinese are investing secretly to get bitcoin or other cryptocurrency at its lowest price. We all know that China always using its power to get what they wanted so manipulating the price in the market is super easy for them. I will not be surprise if they will change their mind sooner or later and embrace cryptocurrency once they collected enough bitcoins.
member
Activity: 518
Merit: 10
Noone cares about crypto news from China anymore! Bigger news was when facebook banned crypto marketing on its platform! China darkened their crypto world last year and they dont count anymore!
legendary
Activity: 1988
Merit: 1768
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.

I don't think this message will affect the price of Bitcoin or other altcoins. The price is very instable even without this message. Besides, it doesn't directly affect Bitcoin or altcoins. So from my point of view, this message isn't as bad as the message again when china may have wanted to banish Bitcoin altogether. But that's just my opinion. If and how the market really behaves on this message we will see in the next days.  Wink
hero member
Activity: 1316
Merit: 546
Monday Hit Me Every week
Chinese govs are very strict with the regulations that have been issued, and I think they only want to hold most of the cryptocurrency market in the world. however, they could not control that and that was why they hated the initial coin offering.
newbie
Activity: 48
Merit: 0
It might have impact but they are not the only country who are into crypto.Let's just say, the history that will repeat will be the big jump of the coins value.
jr. member
Activity: 252
Merit: 1
China: okay guys, we need more bitcoin, time to wage another ban...
full member
Activity: 221
Merit: 101
If there will be a ban, I think it will be an ICO coins and not Bitcoin and other known cryptocurrency. Their strategy of banning cryptocurrency failed already. I think they already know that banning cryptocurrency is not a good approach to and should embrace it to take advantage and get ahead in the future.
newbie
Activity: 154
Merit: 0
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.

China banning cryptos in September was not the rise why the market went to into bull run last year, market went into bull run because of the bitcoin futures trading and what could happen this year is that bitcoin ETF might get approved which could see anther huge bull run
newbie
Activity: 38
Merit: 0
The Chinese government is very annoyed with cryptocurrencies, so it closed most of China's trading websites from around October last year. It also banned all ico projects. I believe history may repeat itself, but I believe this has little impact on Chinese investors.
sr. member
Activity: 604
Merit: 252
Fortunately, the cryptocurrency market is well distributed and does not rely heavily on China, we can rest easy with this news that is unlikely to shake investors. Last year there was a bigger reaction when it banned for the first time impacting the market. But can we expect China to resume its position on the crypto? I believe so and this moment is temporary.
full member
Activity: 378
Merit: 100
The Chinese government is playing some kind of cunning game, sometime softening its policy towards crypto-currency, then toughening. Of course, this is bad news for us, but as the market was already depressed, as it is, such news will not significantly affect it now.
hero member
Activity: 1176
Merit: 501
China last year did not ban cryptocurrency trading, what they did was that they tried regulating their centralized exchanges but they refused to comply so they closed them down. and ever since that day people have been trading P2P or trading on other exchanges like the Japanese ones.
and this time is no different, there is nothing that indicates any kind of ban. so in a way you are correct history did repeat itself in the sense that we saw the same FUD about China ban one more time and the market ignore it Cheesy


Nobody cares about news from China anymore, the supposed China bans have become a meme, most are interested misinterpretations and the rest are restrictive measures that their citizens can easily skip. Anyway, we must also remember that the real FUD was not any news from China but the August hard fork, I still remember many expert analysts predicting the apocalypse those days and we saw what happened next.
full member
Activity: 322
Merit: 100
Even with the new china ban, bitcoin will still stay around at current levels, but people are hoping that it goes way up in the coming last quarter of the year. They are betting on it replicating or atleast besting its last year performance.
legendary
Activity: 3178
Merit: 1054


onechain seem to be active. as long as the people from china has access to the internet, their government can't stop the people from trading nor participating on ICO. cryptocurrencies has been here for years already, no one stops this even if all government are going to keep banning. they'd have to put us all in cell in that case to stop crypto.
full member
Activity: 1498
Merit: 146
bitcoin has been around for about 9 years and from around the second year or third China has been banning cryptocurrencies almost every 2 months... or at least that is what the "media" has been telling you they have done.
this time the source of the news is so funny! it is some dude from California owning a shitty small business called Dhanua Capital, posting a tweet!
what really happened is that WeChat is no longer allowing any ICO advertisement on their platform. Cheesy
LOL,I am just amazed after seeing the trueness of the media nowadays,they just tell China bans even didn't make any research about it.
So the people we need to be careful,what we are hearing is not true this maybe someone's strategy to manipulate us.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
China last year did not ban cryptocurrency trading, what they did was that they tried regulating their centralized exchanges but they refused to comply so they closed them down. and ever since that day people have been trading P2P or trading on other exchanges like the Japanese ones.
and this time is no different, there is nothing that indicates any kind of ban. so in a way you are correct history did repeat itself in the sense that we saw the same FUD about China ban one more time and the market ignore it Cheesy
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