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Topic: Oh Shit! - China bans Bitcoin yet again. This time for real. - page 7. (Read 3275 times)

hero member
Activity: 812
Merit: 501
Sorry, you should not "burn" people to sell their bitcoin just because the news ; China banned bitcoin for real. I don't think it will give us a good effect, because without china bitcoin still run. CMIIW.
Without China bitcoin will grow faster. Most Chinese are tricky, First, they fail with BCC to destroy bitcoin, next scenario they ban ICO, then they ban Bitcoin and then they ban internet at all. So the citizens will be out of date information and stupid that's why CHinse govt can easily control stupid citizens. IF I live in China I will migrate to other countries and never come back .
sr. member
Activity: 644
Merit: 299
Whoever falls for this Chinese crap obviously need some deliverance. As a result of their stupid stunts, even traders have deemed it fit to shift to Japanese market which now remains the largest after US. According to cryptocompare, they are now the 4th on the list based on Bitcoin (BTC) Volume by Currency and they will keep going down until we see them no more for all we care. (https://www.cryptocompare.com/coins/btc/analysis/USD). No country can just wake up one day and feel they are indispensable. If they like, they should keep banning bitcoin until they have no news to give again.
sr. member
Activity: 322
Merit: 250
Yep, that is right - China does it yet again.  Bitcoin is now banned AGAIN!!!  Quick sell your Bitcoin!!!
https://cointelegraph.com/news/china-will-heavily-crack-down-on-all-bitcoin-trades

How many times is China going try this same trick?  How many times are stupid people going to care and fall for the same story? 

No matter how they try to spin the news, we have always expected it to happen this way and it still wont change the mind of believers like me and several others on what they need to do. This wont be the first time they will be coming to ban bitcoin and surely it wont be the last. Let them bring it as we are more than ready.
newbie
Activity: 42
Merit: 0
It doesn't matter what China does, it might effect the value for a short while but it will rise once again, like it always does.
sr. member
Activity: 376
Merit: 251
How many times is China going try this same trick?
As long as there is a lot of people that are involved in bitcoin trades they'll never get tired.

How many times are stupid people going to care and fall for the same story? 

For this time, this will be the last.
hero member
Activity: 1092
Merit: 502
Leading Crypto Sports Betting & Casino Platform
Sorry, you should not "burn" people to sell their bitcoin just because the news ; China banned bitcoin for real. I don't think it will give us a good effect, because without china bitcoin still run. CMIIW.

Yes, in many statements from the China they never said we are banning Bitcoin but we are banning ICO in order to regulate them again. Still, long way to go because it depends on their economic growth because other countries all allowing their people for Bitcoin purchase and start thinking to regulate it.
full member
Activity: 210
Merit: 100
Is it likely that China will not in fact [Ban] Bitcoin, but "control" it, much the same way it does with other things. Think of how they essentially have blocked and allowed Google over the years - in favour of Baidu their own flavour of search engine that they can control [more].
sr. member
Activity: 1176
Merit: 301
Yep, that is right - China does it yet again.  Bitcoin is now banned AGAIN!!!  Quick sell your Bitcoin!!!
https://cointelegraph.com/news/china-will-heavily-crack-down-on-all-bitcoin-trades

How many times is China going try this same trick?  How many times are stupid people going to care and fall for the same story? 
I think they would learn their lesson and stop panicking and stop selling their coin when they heard some rumors going around,
They are just being played by this same old trick lets just wait and see how many people did fall in this scheme.
legendary
Activity: 1862
Merit: 1015
I think it's just some group that try to gain the advantage for gaining profit by using Chinese ICO issue in order to scare people so whale trader able to manipulate their transaction for profit.

What is the matter if china banned bitcoin? I don't see any bad thing about it because that is normal for bitcoin to get rejected or ordered as a banned currency in a country and we still have a lot of countries for the market and a lot of people are still using bitcoin and still buying and it is not always only in china.

Japanese and South korean market have bigger market so IMO Chinese can't affect bitcoin market for now
newbie
Activity: 20
Merit: 0
Listen btc has one price and the market will even itself out. Its one asset that is truly an asset of confidence. Its price is a pure reflection of the communal confidence. What you must not miss out is that people make money when the price drops especially a certain prolonged drop which is expected with news like china bans all exchanges. If a btc owner sells at 1btc at $4500 expecting a nosedive then buy whn it steadily begins to rise again at $3500. then the btc owner has made $1000 profit. Now multiply that by 1000. If a group had government intel and knew this announcement was coming........ the more they rushed the market the higher the price got till .......Ok I got sidetracked, but the point is if price goes down people make money too.

Bottomline is there is a transfer of wealth when the prices move but bitcoin will stabilize, because it is (bruce lee voice)"like water" it has no border, boundaries. If you close one space it will flow into another.
legendary
Activity: 1162
Merit: 1000
Again they base their news on anonymous sources. How can we know if the sources ever exist and aren't just an invention to spread FUD?

And if they exist, how can they know they are telling the truth?
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
Yep, that is right - China does it yet again.  Bitcoin is now banned AGAIN!!!  Quick sell your Bitcoin!!!
https://cointelegraph.com/news/china-will-heavily-crack-down-on-all-bitcoin-trades

How many times is China going try this same trick?  How many times are stupid people going to care and fall for the same story? 
As many times as long as theyll profit from it, bacause they can only ban ICO's and exchanges but the blockchain technology of bitcoin itself? Ibthink they cant stop it, chinese will just shift to decentralize exchanges using VPN's and other stuff. Just my cent.

VPNs also banned in China.

If they can't trade Renminbi with bitcoin easily, bitcoin will never be used at a relevant scale in China.

Some highly tech savvy people will continue to use, but no significant use can be achieved if bitcoin is banned.

well, so far bitcoin is not banned and there is no plan or even indication of banning bitcoin so all these arguments are moot!

and while people are arguing over pointless FUD and discuss whether it is true or not and what will happen if... some sneakier people who know the reality have been accumulating cheaper bitcoin in bottomless their bags.
hero member
Activity: 840
Merit: 501
I am tired of this repetitive news, if the government want to banned please just banned it, so the price will fall down once and recover prefectly, dont keep on spreading the rumors and make the traders and investor worries and makes people doing panic sell and cause riot in every market
newbie
Activity: 28
Merit: 0
Is a ridiculous story, i cant understand if it is a real notice or not.
Someone tell yes someone tell no
But i cant understand in which mode china can ban the bitcoin?
hero member
Activity: 2590
Merit: 644
What is the matter if china banned bitcoin? I don't see any bad thing about it because that is normal for bitcoin to get rejected or ordered as a banned currency in a country and we still have a lot of countries for the market and a lot of people are still using bitcoin and still buying and it is not always only in china.
legendary
Activity: 2786
Merit: 1031
Yep, that is right - China does it yet again.  Bitcoin is now banned AGAIN!!!  Quick sell your Bitcoin!!!
https://cointelegraph.com/news/china-will-heavily-crack-down-on-all-bitcoin-trades

How many times is China going try this same trick?  How many times are stupid people going to care and fall for the same story? 
As many times as long as theyll profit from it, bacause they can only ban ICO's and exchanges but the blockchain technology of bitcoin itself? Ibthink they cant stop it, chinese will just shift to decentralize exchanges using VPN's and other stuff. Just my cent.

VPNs also banned in China.

If they can't trade Renminbi with bitcoin easily, bitcoin will never be used at a relevant scale in China.

Some highly tech savvy people will continue to use, but no significant use can be achieved if bitcoin is banned.
legendary
Activity: 1288
Merit: 1087
My bids haven't been filled yet, we need more panic and more dumping, $2800 is the target, China bans no longer as effective as they have been in the past...

the china panic is past. there's not much else they can do. most people would welcome the end of chinese mining. maybe there'll be an organic fall anyway,
full member
Activity: 490
Merit: 100
Yep, that is right - China does it yet again.  Bitcoin is now banned AGAIN!!!  Quick sell your Bitcoin!!!
https://cointelegraph.com/news/china-will-heavily-crack-down-on-all-bitcoin-trades

How many times is China going try this same trick?  How many times are stupid people going to care and fall for the same story? 
As many times as long as theyll profit from it, bacause they can only ban ICO's and exchanges but the blockchain technology of bitcoin itself? Ibthink they cant stop it, chinese will just shift to decentralize exchanges using VPN's and other stuff. Just my cent.
full member
Activity: 350
Merit: 100
China will be China Cheesy If they ban BTC or any Crypto so be it. I read an article where it actually says that Crypto is really strong in part of Europe and Asia is starting to adapt it. In terms of ICO, Chinese are well known to be fond of business and investment. I am pretty they'll make a way how to bypass any security measure just to explore and venture crytpocurrency /ICO. When this news first started, BTC went down, but I think holders learned the lesson hard because BTC is coming back stronger
legendary
Activity: 2786
Merit: 1031
My bids haven't been filled yet, we need more panic and more dumping, $2800 is the target, China bans no longer as effective as they have been in the past...
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