Today's news: Chinese gov restricts Crypto again... - page 11.

Didin

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Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

anothers chinese gov in actions
so, this is the main causes for this situations of cryptocurrency
bitcoin down deeper,, and altcoin too

tinytrader

member

Activity: 136

Merit: 10

The news is not clear to me. They will take steps to regulate the market? Or they will make new rules on trading? Blockchain is anonymous. So they cant regulate an anonymous thing. They can introduce some rules to prevent fraud, so bullshit ICO can't steal our money. China is one of the strongest country in world economy. They really did nice job on blockchain and crypto. May be they are scared of BTC like other government. Cause blockchain is going to be the main stream economy and way of transaction

drachman

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Activity: 756

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Quote from: slapper on February 04, 2018, 08:39:06 PM

HOPE THAT IT IS JUST A RUMOR. Although I do not like the china, I have to admit that they are really good in the cryptocurrency and they know how to develop the blockchain, ICO and smart contract. This country born a lot of intelligent people and it will be a waste if they ban bitcoin all over the country. CHina is still one of the most powerful country on this planet

We cannot stop them, if the Chinese government does not want their citizens and themselves to be part of one of the technologies that is going to change the world for the better then that is fine for me, that means on average the rest of the people not living in china will benefit even more from cryptocurrencies, so that is fine with me since it means more money in my pocket in the next years and decades.

DanWalker

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Activity: 1960

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Another FUD to dump the market... I'm already tired of reading negative news from China. I hope that crypto spring will soon come and bitcoin will begin to grow with the whole market. For China it is very disadvantageous and even silly to prohibit crypto.

ajmapalo22

full member

Activity: 266

Merit: 122

In the current situation of bitcoin today as volatility has greatly affected the market demands, I'm not surprise that China as well as other countries find cryptos not good for regalization and market adaptability. Since cyrptos don't have a stable market price it will continue to become an investment asset rather than a currency and more country will decide to banned exchanges rather than supporting it.

mworld12

newbie

Activity: 42

Merit: 0

Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

great the market was down and this uppercut by the Chinese government now let's see when the market will stabalize

dangful

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Why am I not surprised? I admit china' s decision and regulations affects the price because of their humungous population. But what if we will forget about them? What if market will forget about the existence of China and its people? Do you have anything to worry about? Definitely none. Market has been saddend by the situation but rest assured market will rise up again and for us who has been loyal to crypto will be paid off. All our trust issues and patience will be paid off.

mycoinlife

newbie

Activity: 42

Merit: 0

Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

great the market was down and this uppercut by the Chinese government now let's see when the market will stabilize

cryptospear

member

Activity: 210

Merit: 10

Theres nothing new with this china ban,this is how the bigplayers manipulating the whole market of cryptocurrency,financial institutions and whales are going to spread FUDs and after people got panic selling they will buy a lot of solid coins after that they will release some positive news from the paid websites or even there in bitcointalk,then they will sell it on the peak,repeat until they got most of the bitcoin's supply.

Wipro

hero member

Activity: 924

Merit: 512

Quote from: bering on February 05, 2018, 01:41:26 PM

apparently china always can be have affect for price movements and after they were published bad news and suddently major cryptocurrencies has dropped and although most people say no need to panic but they should be worried because to recover back to $19k again for bitcoin it will took more time to do so

From last year august onwards they are doing this idiot move buddy. They have the many companies and people supporting the crpytos including bitcoin bro. For example: Viabtc, Bitmain, BTCC and etc. We will know that if they completely wash out the crypto investment what will happen in the market.

I stongly believe that bitcoin value will be touch the 25k as everyone expected end of this year.

Requim

member

Activity: 166

Merit: 11

In my own opinion, a lot of news about government restricting cryptocurrency is affecting cryptocurrency price. I am new here and as far as I can remember, China restricts crypto currency every year and goes back to crypto again when prices starts falling. I guess this is one of their ways of manipulating market price.

secondgarlic

member

Activity: 112

Merit: 16

Quote from: photo123 on February 05, 2018, 02:22:11 PM

Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

not a good move by the Chinese government for their country now the market will be shook because of this move the governments can't control this currency that is why they ban it

They are not banning it, they are just increasing regulations. Which I think is not a huge problem, because unless regulated, scammy ICOs run amok, as we have all seen. Asking ICOs to comply with some ground rules is not a problem in my opinion.

photo123

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Activity: 198

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Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

not a good move by the Chinese government for their country now the market will be shook because of this move the governments can't control this currency that is why they ban it

yoyolife121

newbie

Activity: 189

Merit: 0

Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

not a good move by the Chinese government for their country now the market will be shook because of this move

iSkyCastle

member

Activity: 142

Merit: 10

It's going to require a lot of additional manpower to further restrict the crypto market.

Hamstead

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Activity: 805

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Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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 looks like, this year might be the hardest challenge of crypto world. Because it happens that, more countries will have banning cryptocurrencies than of previous years. Though the effect is just in slow motion but it really seen to be going dip badly.

max6575

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styca

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Quote from: sukey2008 on February 04, 2018, 02:44:23 PM

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...

Surely the market can't go much lower. It is already at the point where it should be if we put a straight line through from the part of last year pre-December... but who knows? Everything looks a bargain at the moment, but I suppose time will tell.

bering

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apparently china always can be have affect for price movements and after they were published bad news and suddently major cryptocurrencies has dropped and although most people say no need to panic but they should be worried because to recover back to $19k again for bitcoin it will took more time to do so

housebtc

sr. member

Activity: 588

Merit: 252

Most people here are helping to fuel these FUD, we all know the attitude of Chinese Government to Crypto to Cryptocurrencies, I believe they are stiffening new industry to strive, time will show if they are right or wrong about this

Topic: Today's news: Chinese gov restricts Crypto again... - page 11. (Read 1476 times)