Topic: I am an Chinese, and I know what happened, and I will buy more crypto assets. - page 4. (Read 2698 times)

Nice comment about a new era! As I know, Chinese would like to follow all current world's tendencies, especially when it comes to the West! I guess there will be some indulgencies in future!

i love you still in this "world" hahaha, i think if your government block some site about cryptocurrencis, some chinese people get some problem how to access all of them cryptos, and i think bitcoin and all of cryptos is the new era of money, government cant block it, if they still block it i think the block the new era in the world to get in theis country

You tell us many and many things, and hear these things i am not happy, because in this forum you hear everyone said that bitcoin has a bright future, and you are Chinese and you know about bitcoin very well than others, and also you are saying, bitcoin has no live long life, than what's happen with us? If your government suddenly ban the bitcoin. Definitely i have heart attract if it will happen.

                If that's the case then chinese that are really interested and willing to invest in crypto shouldn't panic and not bother because as what you have said it may be a temporary order, besides citizens living in that country are powerless so they cannot do anything aside from obeying the orders of the government or the ones who has the power, since they have decided that it would be ban, it will still be up to the person if he or she is willing to risk and disobey.

You tell us many and many things, and hear these things i am not happy, because in this forum you hear everyone said that bitcoin has a bright future, and you are Chinese and you know about bitcoin very well than others, and also you are saying, bitcoin has no live long life, than what's happen with us? If your government suddenly ban the bitcoin. Definitely i have heart attract if it will happen.

That is  a good move sir. This is the best time time to buy and haggle Bitcoins. I believe some of Chinese might panic and sell their BTC and altcoins so the price may go down. Hold it and reap the price appreciation in the future. Just hold on on what you believe.

thanks for the opinion, it certainly boosted the confidence among the coin holders here. i do agree with you that blockchain technology will not go away and every country will adopt it, just a matter of how and when.

Thanks every friends advised above. And I edit the main post.
I will store my deferential coins in their client-wallets.
For BTCs I using bitcoin-qt,
For BCHs I let it be on the chain, I do nothing about her.
For ETHs I use eth-GUI-Win64 wallet,
For ZECs I use Zcash4win-GUI wallet,
For Moneros I use Monero-GUI-beta2,
For XRPs I use gate hub,
And keep them data backuped multi places.

I have no much more against gov for banning ICOs, because in China, this time ICO is too hot and hiding many fake subjects, off cause they must be stopped.
But I think the better way is gov maybe don't totally baned them. Because if you invest ICO, you must know what the risk is, the judgment must made by yourself not gov. Then every one will learn the risk.

If do things like gov had done, the good ICOs and the bad ICOs all baned,
for one hand, that's not fare for the good ICOs, and at the other hand, people's in China will not learn the risk. They only learned if gov say no, then ICO is risky, if gov say yes tomorrow, peoples of China Will surely in madness again. They lost the ability for judging risk by them self, but that is the most important ability.

And the gov are losing the game too, because his peoples are became foolish and foolish. And difficult to manager.

I see above some friends needs some explanation for the gov's letters, My only advise is:

Don't trust any things you see, just forgot it. because that is the fact what you see, and the world will change every day.
Just believe the truth what you learned, and keep the faith what in your heart.
Trust your heart, not your eyes.

Gov's letter is nothing, you can forgot it. I have take my life in 22 years in China's stock market, I see too many gov's actions, it's all not worthy to keep in mind.

I am waiting the BTC hash rate growning higher, because in the past months the BTC's price goes a bit faster than the difficulty. so if the price down, it's natural.

And I am waiting to 2020, the next half digging days.

I'm glad you're so motivated!
Wish you all the best with your decision!
So how are you going to achieve your goal?

i do not understand what is the purpose of you post this
if that's true you are including a very careless person in my opinion
be careful every wish to make a statement here

That's good to hear Visionfar, you're giving some motivation to us here on the forum. But, I think that China is banning the ICO tokens well, it's because most of it is a SCAM coin  they need to regulate the income and outcome of cryptocurrency. China is just regulating cyrptocurrecy.


Btw how do you hide your altcoins from the chineese goverment?

Thats really big holding and I think you should not expose yourself anywhere like this, if your government will know about your holding they might start to ask you about sources of those cryptos.

Current step/fud from chinese government can't be anything other than another attempt from greedy chinese bankers to buy some cheap crypto.

A word of advice: don't go boasting about how many coins you have - it just invites thieves to try to dox you in order to steal them.

If it's not too hard, could you please help to clarify part of PBC's statement (even if this statement is just a phase of "window-closing/window-opening" process).
I'm taking about this fragment (taken from http://www.pbc.gov.cn/goutongjiaoliu/113456/113469/3374222/index.html ; discussion: https://bitcointalksearch.org/topic/ico-ban-in-china-not-about-ico-but-about-crypto-at-all-2151531)

二、任何组织和个人不得非法从事代币发行融资活动
本公告发布之日起，各类代币发行融资活动应当立即停止。

Is phrase 各类代币发行融资活动 related to ICO-tokens-issuing or it has a "more wide meaning", including, for example "issuing BTC via mining" ?

Well i'm not from china and not lived at china but actually i hope the chinese gov will change their mind about banned ico

how do you hide your assets from the chinese government?

The significant effect would  dependable on whether more governments will follow suit or just adopt a different strategy.

Actually I do believe in you, you guys have a different constitution there other country like in the Philippines, I do agree to you that governments in China only do thing temporarily, they will soon stop banning crypto and for that to happen some investors need to take some actions, there is too much business man in china that uses crypto so there is a high probability that crypto will be legal again in China.

Indeed, good to hear that he is aware whats happening. I think only ICO's are shutdown but not the other cryptos. Good for China if one day they come up rules how to regulates this, this can also protect the investors.

That's a nice portfolio, imagine what the price would be in 5 years! Good luck to you sir!