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Topic: Today's news: Chinese gov restricts Crypto again... - page 2. (Read 1456 times)

newbie
Activity: 149
Merit: 0
Hope that it is just a rumor  because they are really good in the cryptocurrency and they know how to develop the blockchain, ICO and smart contract. It's not clear what the Chinese government is planning exactly, in fact they rather support crypto.
member
Activity: 673
Merit: 10
China may find it difficult to accept the virtual currency but it is also difficult to stop it because it is now very much needed and I think we can not resist technological advances and we should be able to follow it because in today's technology can not be stopped. just as we are going to be old, we are from child to parent, being a grandfather like bitcoin is getting more expensive and more important in real life.
hero member
Activity: 686
Merit: 521
With so many people spreading this kind of news I think we are just doing more harm than good and if countries like south korea that alomost put the ban hammer on cryptocurrency trading uturned and made it clear that they wanted transparency then the same could happen to china which could help the crypto market grow massively.
full member
Activity: 672
Merit: 100
And still, with the help of this news, I think that China is very manipulating the bitcoin price, because it is news that is knocking down the bitcoin rate, not USDT and that nothing else can beat so much at a price, I think that it's only in these news, although USDT also I think is a tool for manipulating
sr. member
Activity: 756
Merit: 252
The Chinese government has lost its influence on most of the altcoin and has recently introduced the relevant restrictions, so the rise and fall of the digital currency is not limited by China.
They are losing influence but as long as most of the miners are still in china and a great deal of bitcoin user are also in china then the government will keep some sort of influence over the market, but thanks to their foolish actions that influence is going down and at some point it would be so small as to not being able to affect the markets anymore.
hero member
Activity: 2604
Merit: 816
🐺Spinarium.com🐺 - iGaming casino
There is no need to panic whatsoever! Why would you panic if you hold for the longterm? Especially when you hold projects you really believe in. For example one project I hold is DeepOnion it really has great features such as tor integrate. Why would I ever want to sell this altcoin if i know it is going to be great in the future? No need to panic really...

maybe people out there need to learn more about bitcoin and need to know that they don't have to panic and it is better if they learn about manage their feeling too so if somehow there are a bad things that happen for example, the price is down like yesterday, they can calm down and just wait for the price increase back. I think they need to know that not every news will give a good news but some of them will try to make people to gets panic and finally they will sell their bitcoin because of the price is down.
newbie
Activity: 196
Merit: 0
There is no need to panic whatsoever! Why would you panic if you hold for the longterm? Especially when you hold projects you really believe in. For example one project I hold is DeepOnion it really has great features such as tor integrate. Why would I ever want to sell this altcoin if i know it is going to be great in the future? No need to panic really...
member
Activity: 336
Merit: 12
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...

We've heard it so many times.. Now facebook is announcing to do the same with advertising. Yeah, maybe scams (and that is good thing) but with solid projects there are no hiccups. It is not over, it's only a start, yeah China may block TOR for example, but there are anonymous currency projects like DeepOnion that act fast and implement protocols to help users from China using crypto still with success and another layer of anonymity. Recent implementation of OBSF4 and MEEK in DeepOnion is clearly a sign that is not over. It is starting. By the way, look at BTC now, does that not look like consolidation and recovery? Smiley Crypto is not dead. It's time for FUD to die once and for all.

If you remember well, Chinese government trying to impose capital control to prevent Chinese money from flowing abroad is what triggered the first real bitcoin price boom. This FUD is bullshit, they are not even trying to ban crypto and it's not clear what the Chinese government is planning exactly, in fact they rather support crypto as long as they can control it, it's just medias and markets being hysterical as usual. But it's good DeepOnion offers a user-friendly solution for Chinese citizens to bypass government control allowing  them to protect their privacy and individual freedom, I think it might be safer for Chinese people to use this kind of technology actually.
member
Activity: 122
Merit: 10
Do what needs to be done.
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...

We've heard it so many times.. Now facebook is announcing to do the same with advertising. Yeah, maybe scams (and that is good thing) but with solid projects there are no hiccups. It is not over, it's only a start, yeah China may block TOR for example, but there are anonymous currency projects like DeepOnion that act fast and implement protocols to help users from China using crypto still with success and another layer of anonymity. Recent implementation of OBSF4 and MEEK in DeepOnion is clearly a sign that is not over. It is starting. By the way, look at BTC now, does that not look like consolidation and recovery? Smiley Crypto is not dead. It's time for FUD to die once and for all.
hero member
Activity: 1148
Merit: 527
china news = boring news

sorry but china looks to be out

but then if you can get mainstream even if regulated in

US,EU,UK,JAP,CAN,AU,

i think bitcoin will be just fine without them and probably better due to stability. You don't want strange moves every 5 mins.
yups,the chinese maybe a big contributor to this community and their presence is highly appreciated but if they will continue to make actions like this,i should say they can just leave cryp forever,we can survive without them,coz its happening since 2017 whe they first banned crypto..the market will grow sooner so theres nothing to be affected
Which unfortunately, they will never have. Those who have been gullible enough to sell it to them at a lower price will have themselves to be blaming now. So far, those who are smart enough are seeing it as an opportunity to just keep loading up more as it keeps getting lower.

Decentralization is here to stay and no matter what the government is thinking, it cannot work and they know that already.
hero member
Activity: 1008
Merit: 501
China is not a free world to start with and if the world is left to China, they would make sure nobody breath without government approving it! It would be like having licence to breath. I would only be worried if a country like United State or United Kingdom ban cryptocurrency outrightly!
It is a threat to them, they know they can hardly fight it and they know what that means to fiat. So, the best way to do that is to attack it. Unfortunately, it is too late for them. We already have a lot of stronger hands now than before, so even if they try all their bullshit, at the end of the day, the cryptocurrency world will just keep getting stronger and stronger. So, I would really just take any news from the government or China as a pinch of salt.
member
Activity: 154
Merit: 11
Hello everyone! I've heard the news, and I hope they're just scary... because I do not want to think about what they are all doing to ensure that the price of bitcoin fell, and it is completely gone. They're trying to control the situation. Need to wait for news.

Don't worry about Bitcoin price Wink decisions like this can't make damage to him Wink Anyway this kind of Chinese manipulation (in my opinion) is just to buy more cheap Bitcoins Wink

What other damage is supposed to be done? Bitcoin price hasn't recovered due to all the FUD in the first place. News like this, whether accurate or not, cause the price to drop, or if it was already down, prevent it from going up again.
sr. member
Activity: 1112
Merit: 256
Hello everyone! I've heard the news, and I hope they're just scary... because I do not want to think about what they are all doing to ensure that the price of bitcoin fell, and it is completely gone. They're trying to control the situation. Need to wait for news.

Don't worry about Bitcoin price Wink decisions like this can't make damage to him Wink Anyway this kind of Chinese manipulation (in my opinion) is just to buy more cheap Bitcoins Wink
full member
Activity: 406
Merit: 100
Hello everyone! I've heard the news, and I hope they're just scary... because I do not want to think about what they are all doing to ensure that the price of bitcoin fell, and it is completely gone. They're trying to control the situation. Need to wait for news.
member
Activity: 1022
Merit: 10
to work on decision as spares on level of constant within parts of qualification to gives as number on moderation. as referring rest to work on focus with depth on strength of confinesment as disputing challenge as entering with following position with the market.

sr. member
Activity: 756
Merit: 252
The fact that the Chinese government once again decided to toughen the circulation of the crypto currency in its country, can not seriously affect the state of the whole country. However, in recent years, something has become too much negative information from governments of different countries. Maybe there really is some conspiracy against bitcoins or even crypto-currencies in general? I will not be surprised at this now. So all synchronously it turns out, that hardly it can be casual. In addition, for some reason, the bitcoin development team has not eliminated its shortcomings for too long, and some have already suggested that this inactivity is also intentional. However sooner or later, bitcoin should again recover and grow in price.
There is not a point in thinking about a conspiracy, just look at bitcoin and what represents and it is easy to see why bitcoin and other cryptocurrencies will be seen with bad eyes by governments, bitcoin is a currency they cannot control in any way, they can control the users but not the protocol, they cannot destroy it and it weakens them so it is obvious why they hate bitcoin.
sr. member
Activity: 882
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 look like worldwide government conspiracy.... Rage Against The Crypto (c) Every day we have news that press down crypto prices
But may be it's just a 'BIG market manipulatng'?

Today we hear about more and more restrictions of cryptocurrency. Most of them are sure connected with Bitcoins and ICOs. I am sure that people will find the ways out. But let's see!
sr. member
Activity: 1162
Merit: 252
china users  should have no fear.There new tech out which enables chinese people to still trade crytpo currency and use tor With a new update of OBFS4 chiense users can use deeponion for example with no problem
full member
Activity: 476
Merit: 101
The Chinese government may try to stop Cryptocurrencies but certain coins using the new TOR OBFS4 updates will still get around this,

For example DeepOnion running with the new OBFS4 Tor upgrade can bypass the Firewalls, there are screenshots on the forums of this happening.

If the clamp down continues, I can only see Privacy coins becoming more predominant in the marketplace.
full member
Activity: 1316
Merit: 108
There are certain forces, groups of people who want to spread false rumors about crypto-currency to cause panic among the population and to lower the price of bitcoins and other crypto-currencies. Only today there was information that someone from the Central Bank of China sent a false notice that some major banks are joining together in order to further restrict the circulation of crypto currency in this country. It is interesting simply that this is such a great dislike of the crypto currency, or the desire to temporarily lower the rate of bitcoin in order to have a good profit on it?
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