Searches for crypto exchanges currently blocked in China

Kakmakr

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Well, since June a lot has happened to explain why the government blocked "searches" to popular Crypto exchanges... right. They already knew back then, that they will be banning Crypto currency mining and that they will be clamping down on Crypto currency activities.

People will ask why they banned Crypto mining and after a few months.. they will see the answer. (Hint : They are working on a GovCoin that are under full control of the Chinese government)

They know what they are doing, even though some people might not understand it at the time. The Chinese government wants 100% control over their economy and the flow of money and wealth... and Crypto currencies does not enable them to do that. Roll Eyes

u/isoeaera

newbie

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sure, China has a serious censorship programs, including blocking sites such as google.Nonetheless, if you are looking for a platform that you can use to get the best exchange rates for your crypto, try https://www.bestchange.com .Here you will get more than 50 exchanges that will let you get the best value for your crypto. You can even exchange fiat and other e-currencies using the exchanges on the platform

Quidat

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Quote from: glendall on September 03, 2021, 06:26:13 PM

Quote from: Woodie on June 09, 2021, 04:29:09 PM

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I think China's actions are too excessive in crypto, China should open up a little space for crypto because the effects of the policies they provide have an impact on the whole crypto world, not only in China. when they issue fud always cause a price drop on bitcoin

Just let them be and they do have this kind of behavior since this crypto market had boomed out.They are always having that impression or belief to theirselves that they are superior on everything.
Its just too sad for those citizens who do love to take part of this growing market but their government do really suck bigtime.They do make out some bans and prohibitions and later on they do
revoke it out just like theres nothing happened.To think off that Crypto market doesnt only circulate in one country so just let them be on what are the things they do like to happen
or do.Its their choice but doesnt mean it would greatly affect crypto market.

glendall

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Quote from: Woodie on June 09, 2021, 04:29:09 PM

Chinese users are currently unable to search for popular crypto exchanges on the country’s internet services amid reports of possible censorship.

Keywords searches for online trading platforms including Binance, OKEx and Huobi on popular internet services such as Baidu, Sogo, Zhihu, or Weibo are yielding no results. Other media outlets including CoinDesk first reported the possible blockage.

The Chinese government has recently renewed a regulatory crackdown on crypto mining and trading, helping send Bitcoin down about 45% since its peak in April.

The exchanges that appear to be impacted are some of the largest in the digital-asset world, with Asia-based users being among the earliest adopters. Binance is the world’s biggest crypto platform, with $30 billion in trading volume in the last 24 hours, according to CoinMarketCap.com, a site owned by Binance.

Read more https://www.aljazeera.com/economy/2021/6/9/searches-for-crypto-exchanges-currently-blocked-in-china

Why does Eastern government always want to have everything under their control?? The sooner they come to terms with bitcoin being an assets that was never meant to be under the control of one entity the better for everyone.

I think China's actions are too excessive in crypto, China should open up a little space for crypto because the effects of the policies they provide have an impact on the whole crypto world, not only in China. when they issue fud always cause a price drop on bitcoin

impulse709

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Quote from: Woodie on June 09, 2021, 04:29:09 PM

Chinese users are currently unable to search for popular crypto exchanges on the country’s internet services amid reports of possible censorship.

Keywords searches for online trading platforms including Binance, OKEx and Huobi on popular internet services such as Baidu, Sogo, Zhihu, or Weibo are yielding no results. Other media outlets including CoinDesk first reported the possible blockage.

The Chinese government has recently renewed a regulatory crackdown on crypto mining and trading, helping send Bitcoin down about 45% since its peak in April.

The exchanges that appear to be impacted are some of the largest in the digital-asset world, with Asia-based users being among the earliest adopters. Binance is the world’s biggest crypto platform, with $30 billion in trading volume in the last 24 hours, according to CoinMarketCap.com, a site owned by Binance.

Read more https://www.aljazeera.com/economy/2021/6/9/searches-for-crypto-exchanges-currently-blocked-in-china

Why does Eastern government always want to have everything under their control?? The sooner they come to terms with bitcoin being an assets that was never meant to be under the control of one entity the better for everyone.

This is not the first time China has had a currency-related ban. In 2017, Beijing banned domestic cryptocurrency exchanges and initial coin offerings (ICOs). At the time, China accounted for 90% of all global Bitcoin transactions. However, this ban does not prevent individual investors from buying currencies through foreign exchanges. On the other hand, they ban bitcoin but try to create a digital yuan for central bank issuance. They are simply unique and they want to control everything.

pinggoki

sr. member

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There's no new here everyone! China blocked crypto mining and also other stuff and eventually, they will give permits again and allow it. China was really a devastating country for us crypto followers and because of that, it is affecting the flow of the market, they actually thought that they can control the people who are really interested in the crypto and another thing is that they thought that they can control cryptocurrency that's why they are doing this.

Kakmakr

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Quote from: Woodie on June 09, 2021, 04:29:09 PM

Why does Eastern government always want to have everything under their control?? The sooner they come to terms with bitcoin being an assets that was never meant to be under the control of one entity the better for everyone.

Well, when you control the people... you control their wealth and you can misuse your power. This is exactly why Bitcoin was invented.. because Satoshi saw how Banks and Governments colluded during the previous financial crisis and how governments misused taxpayers money to bail out Banks.

China do not want their citizens to have any control, so they will censor their access to people that has freedom. The firewalls that are in place, can easily be circumvented... so it is not a big issue. Grin

(VPN's)

Expecto

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China is just China. It has been totally against cryptocurrencies for a long time. It still hasn't realized that letting its people trade would help its economy a lot. It is missing a huge opportunity and this could cause China to be 1-0 behind other big countries that don't ban Bitcoin.

SFR10

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Quote from: Woodie on June 09, 2021, 04:29:09 PM

Why does Eastern government always want to have everything under their control?? The sooner they come to terms with bitcoin being an assets that was never meant to be under the control of one entity the better for everyone.

When it comes to China, it's always about them ^[government] having more benefits than their users. AFAICR, a couple of months back they were looking into launching their own digital currency ^{[centralized]}, so they could easily track everything and there were even talks of them limiting how much each individual could have in such form ^[ridiculous].
^{- Judging by recent events, at first it looks like they're just redirecting Chinese nationals so they could control everything and also gain a large extent of the market, but I have a feeling that their main objective extends beyond their borders.}

Kittygalore

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Quote from: logfiles on June 09, 2021, 06:58:02 PM

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I don't think that it the list is only the tip of the iceberg, I am pretty sure that the Great Firewall of China has a lot of banned websites than that of the list. Also, I do agree that it is ridiculous, anything that can remotely promote Western ideas are being banned, China is like the rich family brat at the park that cries everytime his will isn't followed.

mobtc

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Due to the excessive publicity of various Dogecoins and Dogecoin altcoins some time ago，Many people lose a lot of money in the virtual world, which is not under the control of the Chinese government,
so they need to take measures to strictly require all virtual currency activities in China，including exchanges.

swiftbits

sr. member

Activity: 938

Merit: 251

No wonder they lead on bypass tools creation, most VPN GitHub repositories that I have seen were made by Chinese users.
This censorship is for security, as they started blocking reported social media account related to crypto scams.
Now they widen their security by blocking these huge crypto exchanges.

ropyu1978

hero member

Activity: 1904

Merit: 510

china is getting tougher to ban the use of crypto, now china wants to block the search for bitcoin exchanges, will their efforts be successful, because in 2017 china also did the same, it can be said that the chinese government will strictly prohibit all forms of trading which they cannot control, they had to find a way to bring him down.

Crypto Fireside

jr. member

Activity: 44

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I thought this was fairly common knowledge.
China ban all. Roll Eyes

kryptqnick

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Join the world-leading crypto sportsbook NOW!

Wow, that sounds pretty tough. I've heard of the mining restrictions in Inner Mongolia, but I thought that it was a local policy, and that it only had to do with mining. Is trading cryptos currently illegal in China, or are these just some blocking activities that don't actually have laws behind them? But then again, it's true that tons of things from the Internet are blocked in China, so perhaps it shouldn't be that surprising. What IS surprising is that crypto businesses continue to operate in such a hostile environment.

btc-room101

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Activity: 182

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Quote from: ?? on ??

This is not the first time China has bans related to currencies. In 2017, Beijing banned domestic cryptocurrency exchanges and initial coin offerings (ICOs). At that time, China accounted for 90% of all global Bitcoin transactions. However, this ban does not prevent individual investors from buying currencies through foreign exchanges. On the other hand, they ban bitcoin but try to create digital yuan for central bank to issue. They are simply unique and they want to control everything.

They don't want poor stupid people to lose all their money. Its one thing to gamble 10% of your life savings on bitcoin gamble, but its another to borrow and make debt, and spend 100% of your familys wealth on crypto habit disease gambling.

Almost all crypto traders lose 100% in the first 90 days of trading, the GOV is just trying to minimize the human misery that comes from bitcoin insanity.

The system is designed for house-win, 'coinbase', or 'binance' all require that you make 10% profit on all trades just to break even, since the house charge 5% in&out of every trade. In the real world a trader would be happy with 3% to keep on a trade, but in the crypto world, most people just churn their accounts to zero in a short time and walk away broke.

Now in the West this is seen as an opportunity for scammers to get rich quick, but in ASIA this is seen as a criminal endeavor.

btc-room101

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Quote from: Obito on June 09, 2021, 11:51:44 PM

Seems to me that the Great Firewall of China is doing it's work again but again like the Great Firewall of China, I am pretty sure that people are still going to be able to bypass the wall no matter what. That's pretty strange though, they don't have any browsers that is popular in a Western Country, can't they use it?

Let's see India & China have a billion people, and USA has 300M, but most live in the urban gutters

There are 1,000's of sites in China, most chinese do online shopping ,ppl in China don't even use paper money anymore, its all done with mobile phones.

"Great Firewall" is just a clever NYT moniker to call the blocking of USA propaganda in China,

In the other direction, the Chinese with a market of one billion people don't even bother with ENGLISH, so there are no sites, used in say USA, that are chinese, well of course everybody in USA shops on alibaba.com for electronics & stuff. But the JackMa had originally lived in Calif, so he knew english.

Trump tried to 'ban' tik-tok the most popular photo-site in china, so it does happen in the other direction,

But like i said earlier, google has been banned in China since the 1990's, and yahoo; Gmail is banned, its all because the CCP doesn't want the NSA-CIA spying on its people.

Of course USA people don't use chinese software, because its not in english, but GOOGLE has spent billions of dollars supporting all languages on earth, because google is NSA, and they want to spy on everybody on the earth.

The problem here is the west is dumb, and china ain't dumb.

Obito

sr. member

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Seems to me that the Great Firewall of China is doing it's work again but again like the Great Firewall of China, I am pretty sure that people are still going to be able to bypass the wall no matter what. That's pretty strange though, they don't have any browsers that is popular in a Western Country, can't they use it?

btc-room101

member

Activity: 182

Merit: 30

Quote from: Woodie on June 09, 2021, 04:29:09 PM

Why does Eastern government always want to have everything under their control?? The sooner they come to terms with bitcoin being an assets that was never meant to be under the control of one entity the better for everyone.

Err, duhhhh

WHy does the NSA want to know when chinese ppl use the toilet?

Been this way since the 1990's internet 1.0, given that internet came out of DOD US-MIL, why in the hell would the CCP let the NSA-CIA know more about their people than they do?

How about same-same, how about everybody in USA run Chinese spy-ware?

PPL in USA have come to accept that amazon, google, facebook are NSA owned and spy on them, but in CHINA, its a different approach, rather than warn, they just block, in the USA they let you download CP ,then they kick your door in, in China they never let you find the CP in the first place.

Different approach, the USA approach is driven by the prison industry, to maximize arrests of dissendents, while the ASIAN approach is people are essentially good until contaminated, while in the WEST everybody is a prisoner of the system.

...

NOW WRT to BTC, given that BTC was created by NSA, why in the hell would the CCP want the NSA to control 'money' in ASIA? R U DUMB?

Saltius

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Quote from: logfiles on June 09, 2021, 06:58:02 PM

I know this is not a perfect example but isn't it the same country blocked lots of other popular websites?

I haven't seen such websites "collapse" because chain blocked them

Just to show you how China is ridiculously full of censorship, check out how many websites and apps they have blocked so far Grin

01. Gmail
02. Dropbox
03. Google Apps (Drive, Docs, Calendar, Maps etc.)
04. Microsoft OneDrive
05. Slack
06. Google Play (i.e. no downloading Android apps)
07. Hootsuite

08. Facebook
09. Instagram
10. Twitter
11. Snapchat
12. Pinterest
13. Quora
14. Tumblr
15. Reddit
16. AO3

17. YouTube
18. DailyMotion
19. Vimeo
20. Twitch
21. Periscope
22. Pandora
23. Spotify
24. Soundcloud

25. New York Times
26. BBC
27. Financial Times
29. Wall Street Journal
30. Reuters
31. CNN
32. TIME

33. Google (text and voice)
34. Amazon (Alexa)
35. Wikipedia
36. DuckDuckGo

37. WhatsApp
38. Facebook Messenger
39. Telegram
40. Line
41. Signal
42. KaKao Talk (Korean)

43. Medium
44. Blogspot

45. Skype (although it sometimes works, it’s not reliable)
46. Google Hangouts
47. Viber

48. Porn websites
49. VPN websites
50. Politically sensitive sites

So it's just another day in China.

51. Bitcointalk since 2013.

Besides, there is a bit difference between the block OP mentioned and you listed.
When users enter those words in your list on chinese serching engines, there are still results. China gov block the access when clicking the result.

But this time, no result about those exchanges would show up.

BTW: Funny thing is, when entering coinbase on baidu, there are still results and valid address returned.

Topic: Searches for crypto exchanges currently blocked in China (Read 264 times)