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Topic: Today's news: Chinese gov restricts Crypto again... (Read 1476 times)

member
Activity: 224
Merit: 10
The Experience Layer of the Decentralized Internet
I've been don't understand why the bad news is always related to China, at present the main market transactions in the United States and Japan and South Korea, so most of the time, China's current investors does not change the market trend
newbie
Activity: 320
Merit: 0
If the Chinese government introduces full restrictions on the use of crypto currencies in the country, it will make poor Chinese citizens only. Unlikely that it is possible. Most likely the government wants to strengthen control in this sphere only.
Some strange ways to strengthen control. More like the fact that they do want to ban everything related to cryptocurrency.
member
Activity: 336
Merit: 12
I do not understand why the Chinese government prohibits cryptocurrencies such as Bitcoin. If it is forbidding ICO advertising, I can understand that because many ICOs are deceptive, rigorous regulation of cryptocurrency transactions is equivalent to restricting the development of cryptocurrencies. I feel very sorry.
That's the main reason why is important to have privacy coins. DeepOnion, in this case, integrated with OBFS4 and MEEK, also  with the latest TOR update is the perfect alternative for China crypto users. It's anonymous and with untraceable payments. With DeepOnion there is no need to worry about the government tracking your crypto trading. Anonymity and privacy are the most importang thing in crypto world, and just because of that 2018. year will be year of the privacy coins.
member
Activity: 406
Merit: 19
Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

What you say is true, actually the regulation pressure has been done by chinese government since 30 september and until now nothing has changed a little bit.

Seems cryptocurrency will not recover so much in a short time...

True, last year if there was something going on with the chinese market its impact would be felt in the crypto market globally but now whatever happens with the chinese state in the slightest doesn't impact on bitcoin.
newbie
Activity: 68
Merit: 0
I do not understand why the Chinese government prohibits cryptocurrencies such as Bitcoin. If it is forbidding ICO advertising, I can understand that because many ICOs are deceptive, rigorous regulation of cryptocurrency transactions is equivalent to restricting the development of cryptocurrencies. I feel very sorry.
full member
Activity: 630
Merit: 100
Chinese gov is restrict to crypto then it means they loosing their money and planning to some thing big for future because china have a big quantity of bitcoin and can not down the market. I think they want fall down the market and want to buy some more bitcoin from market.
full member
Activity: 532
Merit: 107
I feel sorry for Chinese investors, They were really very dominate in crypto market after Korea. But we all can see how it affects the price of coins, and it's all bleeding red last 6 to 8 weeks. But there is always hope, and if Chinese people again able to buy crypto, it will be huge boosts.
sr. member
Activity: 1106
Merit: 251
Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

It's a good thing that DeepOnion is not on ICOs. It is distributed through airdrops. And what the DeepOnion technology to offer against increased pressure by governments are its special features integrated with it. These features integrated are the latest TOR v3.3.0, OBFS4, and MEEK. Another plus factor coming soon are the Stealth Addresses. These features are very useful to people in TOR-banned countries such as China and Turkey. This makes DeepOnion the best alternative.
newbie
Activity: 52
Merit: 0
Good news for the Chinese people!! DeepOnion is here to provide a great tool to send and receive hidden transactions using the TOR network so Government cannot control your money anymore! This DeepOnion project added recently these layers of security and anonymity  (TOR, OBFS4, and MEEK) new releases coming soon among them Android and Mac wallets! Total privacy via DeepSend!

Bad news for the Chinese people!! TOR barely works in China.

Maybe do some basic research before you shill your bags.
sr. member
Activity: 1666
Merit: 267
Earn bitcoins every hour, link below at signature.
Good news for the Chinese people!! DeepOnion is here to provide a great tool to send and receive hidden transactions using the TOR network so Government cannot control your money anymore! This DeepOnion project added recently these layers of security and anonymity  (TOR, OBFS4, and MEEK) new releases coming soon among them Android and Mac wallets! Total privacy via DeepSend!
newbie
Activity: 99
Merit: 0
China's  underground loan problem is very messy and has yet to be resolved completely, so its natural for the government to be weary of crypto ICO and trading of crypto currencies ,as the combination of both can easily develops and balloons into another financial headache. The Chinese government need time solve their present loan problems to ensure their growth and economic development are intact. China is always very forward looking in many ways, giving more time I sure it will embrace CRYPTO again.
member
Activity: 966
Merit: 31
Whatever happens or might happen in China or other countries, there are cryptocurrencies who will not have a problem attracting investors either way. Privacy coins are a whole category that can take care of hiding your real identity while you make your transactions anonymously. And while some might be thinking Monero, I say look at DeepOnion. Not only does it utilize the Tor network but also the developers have integrated the OBFS4 protocol and Meek. Also, the developers are planning on implementing stealth addresses soon. That is more than enough for any person in any country to make anonymous transactions safely without worrying that their government might know about it.
newbie
Activity: 224
Merit: 0
CHINESSE market is not big engouth to affect the price of crypto currency , the big trading voulume in the world in crypto tradin are in japan , south korea and USA
jr. member
Activity: 182
Merit: 4
All the way up
while more or less stable , judging by last year's schedule, the growth will be in the second half of March . I hope to happen
Hopefully that will come true the market had experienced so many bad times in the recent months hopefully there will be a twist of events when the month of March approaches. If we are to conclude the last year's statistics, therefore the month of march will be more stable compared to the past few months, hopefully.
full member
Activity: 420
Merit: 100
while more or less stable , judging by last year's schedule, the growth will be in the second half of March . I hope to happen
jr. member
Activity: 182
Merit: 4
All the way up
Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...
I really dont know why the Chinese Government are doing this things, I think they are being greedy on their jurisdiction, they really want to rule the world most especially in terms of money making that is why they are doing this things. Because of this kind of banning in China our industry is much affected that is why we are in the red zone right now, hopefully the values of the coins will soon rise up once again.
I really do not know why you guys keep stressing yourself over what the media is dropping every now and then, The main purpose is to generate FUDs, the market is already in a lot of it and the whales are still wishing they could have a better chance to drive it down the more so they can hold more positions. Are we not even supposed to be tired and used to the kind of news that comes from China already?
Yes I know that we don't have to stress or to be bothered by these kinds of news but we have to be updated so that not only us but also the people who are reading our posts will be more updated and knowledgeable of what is happening in the industry right now, and also what and how will they adjust for us to be more stable in this kind of condition in the market, but you are also true, we need not to stress ourselves in matters like this but I think it is worth the argument.
sr. member
Activity: 1036
Merit: 250
If the Chinese government introduces full restrictions on the use of crypto currencies in the country, it will make poor Chinese citizens only. Unlikely that it is possible. Most likely the government wants to strengthen control in this sphere only.
hero member
Activity: 2464
Merit: 519
China...China...Chinese gov, restrictions...always the same. But TODAY we have privacy coins and we should protect our online identity at all cost and that's why I'm very interested in anonymous cryptocurrency lately. It is impossible to kill an anonymous cryptocurrency by the government, especially a full privacy one like DeepOnion or Spectre. Both are TOR based with obfuscation protocol (OBFS4) and DeepOnion comes with MEEK and can be used in markets like China or Iran. If any government declares to kill a privacy coin , it will only increase its price. And there will always be a way to trade them.

Though the coin may be portrayed anonymous but the DECENTRALIZED factor is more spoken of. All the countries that have preached a ban on the cion even benefit more. To me, it is all deceit and distraction.
member
Activity: 386
Merit: 10
Hello fellow miners
I don't really think China will completely ban crypto and shut down source of profit for many of their citizens and companies as well.
If they continue to go hard on crypto, there is a good solution in a form of Deep Onion cryptocurrency – everything going through TOR network, with MEEK and OBFS4 protocols in place, making them perfectly safe to use in China and other countries blocking TOR protocol or crypto in general.
member
Activity: 168
Merit: 11
China...China...Chinese gov, restrictions...always the same. But TODAY we have privacy coins and we should protect our online identity at all cost and that's why I'm very interested in anonymous cryptocurrency lately. It is impossible to kill an anonymous cryptocurrency by the government, especially a full privacy one like DeepOnion or Spectre. Both are TOR based with obfuscation protocol (OBFS4) and DeepOnion comes with MEEK and can be used in markets like China or Iran. If any government declares to kill a privacy coin , it will only increase its price. And there will always be a way to trade them.
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