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Topic: What will happen to the china based cryptos ? (Read 1399 times)

legendary
Activity: 2436
Merit: 1362
September 25, 2017, 04:01:30 AM
#50
Everyone knows china is a big factor in Crypto
But if they choose in the future to completelg
Close their doors to it there are plenty of other
Users in other countries so it will continue.

I hate how eceryone is thinking the worst at
this early stage in the China news and how
People are including exchanges in the worse
Case scenarios.

F
U
D
sr. member
Activity: 1036
Merit: 329
September 25, 2017, 03:19:21 AM
#49
What will happen to the china based cryptos ?

I think Chinese government did not shut down permanently , they just want to make policy against bitcoin in order to protect people from money laundry etc
I'm sure that Chinese exchanger can be operated once again in the future but with restrict term that have been apply by government
yes i agree with you i think that so that there comes a time that all crypto that is based on china will be operated we dont knowwhen it will be but i think they wont let that this crypto will totally gone in the currency.
sr. member
Activity: 924
Merit: 260
September 25, 2017, 01:46:31 AM
#48
What will happen to the china based cryptos ?
I don't think China as intelligence as they are will allow it citizens to lose such huge amount of investment in cryptocurrency. Chinese investors has the best technology and software structure in cryptocurrency and I believe the government has it citizens at heart and that is why they are trying to stop the activities of scammers and fake ico project by providing a framework for how cryptocurrency should be use in China.
sr. member
Activity: 2352
Merit: 245
September 25, 2017, 12:29:04 AM
#47
At present, China not only restricts and prohibits the circulation of crypto currency in its country, but also actively seeks ways to solve this problem in order to preserve the crypto currency, and that it will cause minimal damage to China's economy. As they do, we'll see in the future. However, it is too early to consider that the crypto currency will be unequivocally banned in this country. If this happens, then China will become an outcast for the world's crypto-exchange community, and its place in this market will be occupied by others.
full member
Activity: 168
Merit: 100
September 20, 2017, 02:42:48 PM
#46
not really of much to change as the different level of expectation as investors to put of decision as releasing distribution of funds
as following use of strategics on appealing the use of details as the customs on personal preference
to work with the release of displacement
to keep on secure with the running of terms with the projects plan as different developer to gives as customs on returns with the possession of
authority as showing the level of competence.



legendary
Activity: 1428
Merit: 1000
September 20, 2017, 12:24:01 PM
#45
What will happen to the china based cryptos ?

the announce btcc totally banned of the china government, the cryptos die in the china and according to news japan try to start mining, in this step dicision of japan is a big help to bitcoin to recover the price value.
even without china there's still lights from this crypto investment as mention japan are now considering to create mining system that will compete with
antminer not confirmed yet but for sure it will bring more investors and new comers inside the crypto industry.
Now all investors and miner alerted to see China announcement, so now onwards nobody will support China based mining pools and cryptos. It is good to see that Japan immediately reacts with this issue and they are helping to bitcoin. Maybe next Japan will replace China, and they will take hold on Bitcoins.
newbie
Activity: 54
Merit: 0
September 20, 2017, 11:11:19 AM
#44
According to the reports and the latest news on the cryptocurrency situation in China, the cryptos are in the process of shutting down and closing them completely.
It's known at the beginning of this month China placed a law ban on ICOs as being the illegal form of fundraising. Currently these regulators are thinking over to put the much more integral ban on any trading platforms and exchanges. So, the China-based cryptos have really unfortunate prospect.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
September 20, 2017, 11:08:19 AM
#43
What will happen to the china based cryptos ?

the announce btcc totally banned of the china government, the cryptos die in the china and according to news japan try to start mining, in this step dicision of japan is a big help to bitcoin to recover the price value.
even without china there's still lights from this crypto investment as mention japan are now considering to create mining system that will compete with
antminer not confirmed yet but for sure it will bring more investors and new comers inside crypto industry.
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
September 20, 2017, 10:34:51 AM
#42
according to me the measures taken by the Chinese government are only temporary!
The Chinese president wants to show that he manages everything because the elections are coming soon
Are there any similar former cases where Xi Jinping recalled any decrete before? The damage done is looking rather permanent. Don't know what would be to regain by reopening Yunbi agains (as example)

Worst case scenario, the company will be "sold" off-shore (outside China).  Wink
They could easily reopen in Hong Kong.  Cool
Two possible SAR regions Macau features enough autonomy, too. That would be the quick fix. On the long term any crypto project that's sitting like a dead duck on one single spot is doomed sooner or later. They will see the money, they will want to grab that money, period.
Either branch out to several different legislation types, or perish.
member
Activity: 111
Merit: 10
September 20, 2017, 10:27:31 AM
#41


according to me the measures taken by the Chinese government are only temporary!
The Chinese president wants to show that he manages everything because the elections are coming soon


That is not a smart move in my opinion. Many suffered  because of their idiocy. I am sure this did not have positive impact.
sr. member
Activity: 1288
Merit: 283
Your Data Belongs To You
September 20, 2017, 10:25:13 AM
#40


according to me the measures taken by the Chinese government are only temporary!
The Chinese president wants to show that he manages everything because the elections are coming soon
full member
Activity: 2548
Merit: 217
September 20, 2017, 10:22:08 AM
#39
What will happen to the china based cryptos ?

the announce btcc totally banned of the china government, the cryptos die in the china and according to news japan try to start mining, in this step dicision of japan is a big help to bitcoin to recover the price value.
full member
Activity: 364
Merit: 102
September 20, 2017, 10:15:40 AM
#38
There is just a lot of FUD at the moment. With time things will get fine. Wait and don't panic sell into the deliberately created FUD. The ones who hold during this time will emerge out to be the winners. I am buying NEO, it just broke the trendline.
newbie
Activity: 31
Merit: 0
September 20, 2017, 09:39:07 AM
#37
I think they are dead .
hero member
Activity: 1932
Merit: 504
September 20, 2017, 03:05:33 AM
#36
It seams they started cracking down hard, I hear mining might face a problem, maybe just rumors .
they only want cheap price so they can stock more and they don't have any tricks anymore so they create rumor like this. i believe they will change their decision again in future
newbie
Activity: 31
Merit: 0
September 20, 2017, 02:34:11 AM
#35
It seams they started cracking down hard, I hear mining might face a problem, maybe just rumors .
sr. member
Activity: 980
Merit: 250
September 19, 2017, 05:56:03 AM
#34
They can rule their country and can close crypto currencies in their country, but they cannot control whole world crypto market. After some time, every thing comes to its normal position and market moving to its direction. Market already absorb that news and start moving upward direction.
legendary
Activity: 1218
Merit: 1001
September 19, 2017, 04:53:45 AM
#33
I guess China will start to invest self exchange systems like waves and also TOR network coins.
They will not want to get caught so this china ban will start a new trend for TOR network coins.
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
September 19, 2017, 04:51:38 AM
#32
If you follow crypto Youtuber's like Boxmining and others, they will tell you China will regulate and potentially allow cryptocurrency exchange in the future: https://www.youtube.com/watch?v=rIVKeaRXOpo
Not only youtubers but a lot of people are saying that the crypto will be allowed in the china as long as the crypto is fully regulated by the goverment. That will be true in the future.
legendary
Activity: 1456
Merit: 1000
September 19, 2017, 04:23:03 AM
#31
What will happen to the china based cryptos ?

I think Chinese government did not shut down permanently , they just want to make policy against bitcoin in order to protect people from money laundry etc
I'm sure that Chinese exchanger can be operated once again in the future but with restrict term that have been apply by government

I also think the ban is only temporary. They will re-open ICO and exchanges once they have finished the regulations.
If not, china based cryptos will only move to another place without a doubt
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