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Topic: What is China government upto? (Read 179 times)

full member
Activity: 1008
Merit: 149
Hire Bitcointalk Camp. Manager @ r7promotions.com
May 22, 2018, 02:42:46 AM
#30
China is and always had been a crypto friendly country. For this it has published a crypto rating which will make a lot of people enthusiast about cryptocurrency and will help the investors to decide where they should invest next. I appreciate this very much and hope that all other countries will also come out like China and work together to make the market even better.
Are you kidding? You actually feel that China is a crypto friendly country? This is the same country that repeatedly banned cryptocurrencies on various occasions for their own reasons. China will never fully embrace crypto in my opinion. They have obviously understood that it is not possible to ban crypto completely which is why they are trying to regulate it now. Their ratings are stupid and I don't agree with them at all since Bitcoin is the number one cryptocurrency.
full member
Activity: 798
Merit: 103
May 22, 2018, 02:34:29 AM
#29
If you look carefully, at least half of the new ICO are from Chinese companies. They want to become the number one in every domains.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
May 22, 2018, 02:08:14 AM
#28
China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/
I have to say, this rated can't affect the decision from the regulators. I guess there is no relationship with the government. This is only ratings but I glad to see ethereum at the number one of the rating list.
Until the PBOC will try to change its percenption to the crypto and there will be no change.
jr. member
Activity: 224
Merit: 1
May 22, 2018, 02:04:23 AM
#27
There are no ban for cryptocurrency in China. The only thing banned in this country is ICO project because of so many scam ICO project appeared so they just wanna protect their investors. Very soon, China will legalize cryptocurrency as their main local currency - Yuan.
China is a fast growing and developing country, China is beginning to think that cryptocurrency can be beneficial for its country, so they will legalize cryptocurrency.
newbie
Activity: 266
Merit: 0
May 22, 2018, 01:55:41 AM
#26
China is and always had been a crypto friendly country. For this it has published a crypto rating which will make a lot of people enthusiast about cryptocurrency and will help the investors to decide where they should invest next. I appreciate this very much and hope that all other countries will also come out like China and work together to make the market even better.
full member
Activity: 686
Merit: 104
May 21, 2018, 07:43:34 AM
#25
they do the right thing. they reject crypto because it's a cryptic price, but they support the technology behind crypto, which is blockchain and they want to develop it. do not be surprised if they rated on crypto, because their main purpose is blockchain.
newbie
Activity: 80
Merit: 0
May 21, 2018, 07:41:04 AM
#24
I heard that they want to start executing for the fact that someone is mining cryptocurrency, though I do not know the truth or not I do not remember where it is read in General. But if that's the case, I don't think anyone's gonna think of putting a farm in their house.
newbie
Activity: 80
Merit: 0
May 21, 2018, 07:40:18 AM
#23
China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/
I heard that they want to start executing for the fact that someone is mining cryptocurrency, though I do not know the truth or not I do not remember where it is read in General. But if that's the case, I don't think anyone's gonna think of putting a farm in their house.
newbie
Activity: 36
Merit: 0
May 21, 2018, 07:39:09 AM
#22
I think they were only behind the bad guys and scammers who were collecting money disguising as new ico projects, sooner or later china will be fully legalizing the real crypto assets as the largest mining units are working from china and also chinese provide huge volume to overall crypto market, so the real coins are projects are going to be ok in China and all over the world.

looks like a reasonable way to understand it.
Hope it won't take.much longer
newbie
Activity: 88
Merit: 0
May 21, 2018, 07:35:00 AM
#21
Who knows, I don't trust any government, definitely not the chinese one.
member
Activity: 162
Merit: 10
May 21, 2018, 07:32:29 AM
#20
I don't get how they have chosen this 25 tokens.
They should have done it at least for top100 coins.
full member
Activity: 378
Merit: 100
May 21, 2018, 07:30:30 AM
#19
There are no ban for cryptocurrency in China. The only thing banned in this country is ICO project because of so many scam ICO project appeared so they just wanna protect their investors. Very soon, China will legalize cryptocurrency as their main local currency - Yuan.
newbie
Activity: 238
Merit: 0
May 21, 2018, 07:24:55 AM
#18
China government is trying to impose tax on crypto currency which is good for crypto currency itself. People will have trust on it more than before and legality question would be dropped off due to this very soon.
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
May 21, 2018, 02:05:57 AM
#17
This is also what I'm wondering recently. In the past, there was information that the Chinese government banned cryptocurrencies making the NEO rate plummet, and now the government has launched a campaign to probe users about their favorite cryptos. Is the Chinese government going to legalize cryptocurrency instead of banning it as before?
full member
Activity: 243
Merit: 100
Blockchain with solar energy
May 21, 2018, 02:04:50 AM
#16
China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/
The Chinese government seems to be the only one capable of making responsible decisions and are not afraid of this, unlike other countries. The fact that the prohibition of cryptography was justified by the fight against fraud, perhaps this was not the main reason, they also can easily lift this ban, which will give rise to many Chinese coins.
sr. member
Activity: 714
Merit: 261
May 21, 2018, 02:01:06 AM
#15
There are only two possibilities with this country. Either they are very very confused about the crypto currencies OR they are making some revolution within the country and hiding everything until the projects completed.

But I am afraid we can not predict anything about them as there was time when they completely vanished the idea of bitcoin and all other crypto currencies a year ago. Now they are trying to be giants in the crypto exchanges and there are still some projects like NEO which are running with high speed in the country.

Sometimes we cant even predict what they really want and what are they upto. May be they will surprise us with something really bad for us. Lolz. The same way they did last year.  Grin
jr. member
Activity: 168
Merit: 1
May 21, 2018, 01:57:03 AM
#14
Oriental countries seem to have a higher level of bitcoin closure than Western countries. Russia is currently the largest country in the country that declared bitcoin illegal. However, China and South Korea are the two countries that have recently stepped up efforts to review and monitor the use of Bitcoin. In fact, the price of Bitcoin has fallen dramatically in the world due to the influence of the Chinese and South Korean governments continuing to rectify the cryptocurrency. According to reports, there are 100,000 signatures in Korea requesting refusal of proposals to ban cryptocurrency transactions; 30,000 signatures have requested the removal of two ministers, the Finance Department and the Legal Department, on the grounds of manipulating the market.
newbie
Activity: 49
Merit: 0
May 21, 2018, 01:54:37 AM
#13
This is expected from them as they're always like this when it comes to technologies. They will welcome you with open arms then later on ban you once they're done developing similar technology.
legendary
Activity: 3276
Merit: 2442
May 21, 2018, 01:54:20 AM
#12
China is the first country to have a government that provides crypto ratings. It is quite shocking as it is the same country where people are banned from using it. Are they going to change how crypto works in china? Bring some regulations?

Read the complere article here : https://coinfrenzy.io/chinese-government-crypto-rating/

Just do what you believe.

Would you care if China rated bitcoin as the worst currency ever? You wouldn't. I wouldn't. People would still ignore them and keep buying.

The Chinese Government is trying to confuse you intentionally by creating a non-sense list.

They put a scam like Verge above Bitcoin. Don't fall for it, we didn't start buying crypto because some government told us to do so, we started to do it because it is (crypto) is obviously better than what they offer. (FIAT, banks)
newbie
Activity: 103
Merit: 0
May 21, 2018, 01:49:28 AM
#11
The Chinese government hopes that encryption technology can be developed and used well, but they are also very afraid of investing in speculation. So they want to have easy-to-control encryption technology.
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