Topic: What if China ban was temporary - page 4. (Read 1556 times)
There may be many reasons for bitcoin banning. We can not tell anyone why Bitcoin has been declared illegal in China. There may be links to many things. There may also be political reasons. But we do not know the real facts.
I am sure that the ban in China is temporary. China is a very powerful country and it will not want to give up the modern currency of the future, they just want to control it.
What if? - I honestly don't care too much anymore. About a month ago, I didn't know what will happen to my career since I had left my day job and focused on bitcoins and writing blogs. Currently, I am exclusively earning bitcoins and what happened a month ago had bring so much pain in my ass. However, after that catastrophe, I became more confident with bitcoins and realized that its not only China who plays this game that I am playing - I also have South Korea, Japan, and India. So if ever I read another news about China and Bitcoin, I wouldn't give a damn anymore. Price might pull down a little but as I have said, I became more confident with bitcoins now. No offense to the Chinese.
temporary or not. we shouldn't care China anymore. Many China trader has use news to control market like this many times.
They're probably working towards ways to better regulate it and setting up the required facilities to oversee it. So yes, I think it's probably a temporary thing. 
If a temporary ban from china is issued that would be a great opportunity for many investors at the moment, they can buy BTC cheaper than normal and hoard it for future. But that is something some investors do not want to happen because it has so much risk and they fear it.
Crypto technologies brings jobs and economic opportunities to China, via mining, ICOs, new coins ...
So I think they will just regulate crypto activities.
So I think they will just regulate crypto activities.
According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
China actually didn't ban bitcoin so i'm not sure what they are referring to here. It is likely that they got bitcoin and bitcoin exchanges mixed up since China has only recently banned ICOs and forced bitcoin exchanges into closure, but not bitcoin itself. This is proven by the amount of sell and buy ads on loclabticoins that are still active.
Anyways, this could well be temporary. They could in future find a way to effectively regulate bitcoin exchanges or ICOs and allow them to exist once again. However this definitely depends on the government and what they are planning on doing. We can only pray for the best.
Doesn't really matter if China keeps the ban on ico's. As long as they'll leave Bitcoin alone
According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
It doesn't really make sense to me why they would want to ban ICOs or bitcoin exchanges. I mean it has nothing to do with its upcoming party convention whatsoever. I feel like this is probably going to be an indefinite ban.
However, if it was temporary, and when it is lifted, then price will defintiely go straight up.
There is no doubt about it. People are already extremely bullish now, they'll even be more bullish when that happens.
It is all about central control there. Once they come to the point they cannot close, rather make profit with it, it will traded at usual central (commodity?) excanges. I think their are very close to all that.
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According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
Maybe it is possible but as far as we base from the past articles i think it will take a lot of time before the lifting of bitcoin ban on china will happen. In my own opinion they will stick to the banning of cryptocurrencies because it acts like a threat to their control and monetary policies. Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
if it's true that china just temporary ban bitcoin, it's mean an opportunity for us to buy bitcoin as much as you can. because when china not banning again bitcoin price will rise more than now
According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
Source: https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09
i think it is great news that china only want to ban for temporary because bitcoin still have a chance to be approved in china again and it will bring a new hope for their people. i think that it is not good to ban bitcoin because bitcoin have much of benefit that can be used by the country and their people can search for another source income.
what the F* is wrong with forbes! China never banned bitcoin for it to be temporary or permanent! are they just shit-posting now, i wonder.
what China "banned" was ICOs and it is permanent. they may allow one or two ICOs if things change and they could heavily regulate them but i wouldn't have much hopes for it. other countries have also banned ICOs. nobody wants them.
and like i have already said a million times ICO has nothing to do with bitcoin.
what China "banned" was ICOs and it is permanent. they may allow one or two ICOs if things change and they could heavily regulate them but i wouldn't have much hopes for it. other countries have also banned ICOs. nobody wants them.
and like i have already said a million times ICO has nothing to do with bitcoin.
I think the ban is indeed temporary as they are planning to treat virtual currencies as virtual assets. According to a news i read today, China is planning to operate virtual currencies as virtual assets from October 1.
The link to news is https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/
So after this may be they will lift up the ban and then regulate the cryptos and that could mean a spike in Bitcoin's price. This surely would be an opportunity to grab on.
The link to news is https://news.bitcoin.com/virtual-currencies-expected-to-regulated-in-china-on-october-1st/
So after this may be they will lift up the ban and then regulate the cryptos and that could mean a spike in Bitcoin's price. This surely would be an opportunity to grab on.
In fact it is temporary... they just wanted to regulate the use of this digital currency... eventually they will give in because of the high demand of cryptocurrency... the only thing they wanted I guess is to control and somehow the state can imposed tax on transaction involving bitcoins... it is a no brainer man... they will come back... and they will come back strong...
I know China won't let go Cryptos because they earned big money from here. Maybe there some innovations of rules by the govetnment and the establishment regarding of accepting digital currencies. Once it settled, probably they'll back on track. Even if the ban is temporary or it,China does not have a major say in the bitcoin market at the moment,the price is recovering really well after all the rumors being spread regarding the ban of ICO and exchanges and the panic selling from novice users and if China's ban was temporary it would be great for the Chinese market and nothing else. 
This hits the nail right on the head. China has done its damage, and the lift on the ban would just raise Bitcoin value even higher. We are already up to $4300 at the moment despite all the negativity, even with the South Korea news, so I think it would be safe to say that we are definitely going above $5000 again.
That being said, the ban was always said to be temporary, as China was looking into ways to regulate them. They see a lot of money moving, and they want a cut. Whatever they come up with, I just hope won't be too restrictive. More demand is always better for value.
Yes, I have been thinking that the ban may be temporary also. It is possible that China will keep the ban on ICOs (or at least the questionable/fraudulent ones) but gradually allow exchangers to begin operations again after setting uniform rules and regulations. It does not make much sense for China to want to ban bitcoin completely, especially not if they can find a way to benefit from it financially, perhaps through taxes/fees or by simply trading the cryptocurrencies themselves and playing the market.
If it will be temporary , it means that the result it made on the transactions chain in the system of bitcoin would recover quickly enough to make sure that it would not crashed as hard it may have been. In other word it would not dump at its range price of its price. And I am sure that the sudden change within the system of China may also result for a better system of bitcoin in terms of transaction, investments and trading. 
In fact it is temporary... they just wanted to regulate the use of this digital currency... eventually they will give in because of the high demand of cryptocurrency... the only thing they wanted I guess is to control and somehow the state can imposed tax on transaction involving bitcoins... it is a no brainer man... they will come back... and they will come back strong...
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