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Topic: what's the future of bitoin in china ? (Read 1395 times)

full member
Activity: 518
Merit: 100
October 09, 2017, 04:12:54 PM
#72
Hello all! China is amazing country with super interesting historical moments and wise culture. China is one of more oldest culture in the world! I am sure that after some shake in bitcoin area in China it will be a new more powerful arena in the world. I see it like Big Four - China, Russia, Japan + others. If China stable this and it will be regulated in Juridical sphere then in will be hard fork
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
October 09, 2017, 03:53:50 PM
#71
Who knows whats in their head, i've read somewhere on cointelegraph, i believe, that they will lift the ban after some elections or maybe after the attempt of regulation. We can just wait to know for sure.
jr. member
Activity: 51
Merit: 10
October 09, 2017, 03:48:55 PM
#70
It looks like the new president might decide to go technological and lift the bans as he is pro tech from all accounts before the campaign
newbie
Activity: 102
Merit: 0
October 09, 2017, 03:43:42 PM
#69
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

I think that China will use its favorite approach.
All will be used with the help of VPN. During the year, 2 or 3 people will be stratified associated with bitcoin. At the same time, they will offer an alternative to the government contraposed.

This approach works with Google, Fasebook and so on.
full member
Activity: 313
Merit: 100
October 04, 2017, 10:43:09 AM
#68
sooner they will realize they can't benefit anything by doing it. cryptocurrency is the future and the flow, they can either be left behind or lead the way. a simple decision made today can be a disaster in the future. else its going to be another race that will take their spot being a huge contributor in the crypto.
There is no hold of china on bitcoin. there will be no effect of china on market in future, so no one has to worry about it, Chinese thinks that bitcoin will die but bitcoin is not depending on them, if they join again they will be user and they will be in their limits and will use it calmly, and Chinese effect is now gone and now they will not cause any trouble in coming days,
sr. member
Activity: 420
Merit: 255
September 30, 2017, 07:34:02 AM
#67
Don't understand why people are so concerned about the fate of the Chinese. I think you need to take care of themselves. But if you are very concerned, there is nothing the Chinese will not. How to use cryptocurrency, they will use it. Drugs are forbidden in all countries, but everywhere there are users and sellers of drugs.
full member
Activity: 336
Merit: 100
September 30, 2017, 07:25:53 AM
#66
I felt bad when bitcoin stops in China, they wan't to control this type of currency because there is big money behind processing transactions,and as early as possible this must be stop, Government in China show's something opportunity behind cryptocurrency , and until now they are on the stage of developing some counter measures to listen the use of BTC.
full member
Activity: 224
Merit: 100
I will do wonder for YOU!!!
September 30, 2017, 07:16:46 AM
#65
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

 As of now.. the operation of bitcoins in China was stop... but in the near furure, they will open the operation of bitcoins again.  I think they are just laying the foundation as to the regulation of using it... they close it down because of lack in legal basis.. so for now... i believe they are drafting laws or ordinances to regulate the its use... so cryptocurrency has been accepted by many of the countries now... what China wants is just to control it a little bit... one of the reason i guess is how to collect income or VAT taxes for payment in services or goods being sold ...
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
September 30, 2017, 06:56:09 AM
#64
It seems that there is a small percentage of bitcoin hodlers and users left in china, since their government banned bitcoins, those who want to use bitcoins freelh, might have cashed in their bitcoin to fiat to move to another country that legalized.bitcoin, in which it will be much benefecial for them, since they do not need to hide.i think those persons in china that have still bitcoins, may have just kept their bitcoins on their offline wallets, like trezor, and just watch how bitcoin moves, and hope that this coming chinese election, their.government might hange their mind regarding bitcoin ans ICOs. As of now, there is a small chance that bitcoin will have a future in china until their ban is lifted, we could all just sit and watch what will the chinese government do, if othet countries out grew them financially because of bitcoin.

Not need to be true. They have other option and they can easily exchange bitcoin in Japan. This is just some example but dont think that China is out of bitcoin, maybe government ban for good, but they will find a way to exchange it for fiat if necessary. Probably best option for they will going to Japan, but think that they are limited for cash in China or they didnt, know that in Europe is limit for this 15000 eur for a day.
hero member
Activity: 994
Merit: 504
September 29, 2017, 11:07:44 PM
#63
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

even china banned icos in their country i think theres no big effect on btc  ,there are many good alts existing already
so bitcoin would boom wherever country on this planet
full member
Activity: 518
Merit: 103
September 29, 2017, 10:55:26 PM
#62
It seems that there is a small percentage of bitcoin hodlers and users left in china, since their government banned bitcoins, those who want to use bitcoins freelh, might have cashed in their bitcoin to fiat to move to another country that legalized.bitcoin, in which it will be much benefecial for them, since they do not need to hide.i think those persons in china that have still bitcoins, may have just kept their bitcoins on their offline wallets, like trezor, and just watch how bitcoin moves, and hope that this coming chinese election, their.government might hange their mind regarding bitcoin ans ICOs. As of now, there is a small chance that bitcoin will have a future in china until their ban is lifted, we could all just sit and watch what will the chinese government do, if othet countries out grew them financially because of bitcoin.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
September 29, 2017, 07:46:26 PM
#61
my opinion, because china has stopped their contribution to bitcoin, of course in china bitcoin will die. and I'm sure sooner or later chinese must be very sorry for having banned bitcoin in their country. because bitcoin progresses and greatly helps the citizens' economy
There may be some Chinese, Actively use bitcoin by itself secretly
Because previously they felt the profit of bitcoin
hero member
Activity: 1022
Merit: 521
September 29, 2017, 07:30:20 PM
#60
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

We don't actually know the future of bitcoin today in china because we lived in the other country but I guess based on the articles and different post here in forum all I can say is that bitcoin will be somehow hard to exchane because we all know that they banned the other exchanger there. And I guess the rate of usage of bitcoin in china will be slowly rising because of the issue.
Nobody can tell the future with hundred percent certainty like you said but I guess, China is going to use bitcoin sooner or later. Chinese government has made this move to check their control over digital assets and the effects on their economy without crypto currencies. Still, it won't destroy the crypto world if China cuts off all links with it.

Yeah, China ban bitcoin in the past few years but still they lift their verdict once they know that many wants to be involve on bitcoin market, A government can't control a decentralized coin. Satoshi design this coin to stop the monopoly on the economy of the world. In the future, The marketcap of cryptocurrency will be greater than the fiat.  Grin
As we already know that they had banned bitcoin is past and then allow it and this will happen again Chinese cannot bear the lag in the development bitcoin has proved that it can survive without china and now Chinese are thinking to join again because they can just ban such a profitable coin and their citizens are also opposing their decisions and asking to remove the ban.
full member
Activity: 462
Merit: 100
September 29, 2017, 02:23:04 PM
#59
my opinion, because china has stopped their contribution to bitcoin, of course in china bitcoin will die. and I'm sure sooner or later chinese must be very sorry for having banned bitcoin in their country. because bitcoin progresses and greatly helps the citizens' economy
legendary
Activity: 3178
Merit: 1054
September 29, 2017, 02:15:30 PM
#58
sooner they will realize they can't benefit anything by doing it. cryptocurrency is the future and the flow, they can either be left behind or lead the way. a simple decision made today can be a disaster in the future. else its going to be another race that will take their spot being a huge contributor in the crypto.
full member
Activity: 364
Merit: 100
September 29, 2017, 02:08:48 PM
#57
I think that China will not be able to prohibit long ICO and circulation of crypto currency in their country. In addition, these prohibitions, in my opinion, will not be effective and will not bring the expected results. The Chinese will be able to bypass these prohibitions, and China as a state will lose popularity in the crypto currency market. To the same there is a chance that the new party leadership of China will change the policy of crypto-currency salaries from October.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
September 29, 2017, 10:02:20 AM
#56
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

We don't actually know the future of bitcoin today in china because we lived in the other country but I guess based on the articles and different post here in forum all I can say is that bitcoin will be somehow hard to exchane because we all know that they banned the other exchanger there. And I guess the rate of usage of bitcoin in china will be slowly rising because of the issue.
Nobody can tell the future with hundred percent certainty like you said but I guess, China is going to use bitcoin sooner or later. Chinese government has made this move to check their control over digital assets and the effects on their economy without crypto currencies. Still, it won't destroy the crypto world if China cuts off all links with it.

Yeah, China ban bitcoin in the past few years but still they lift their verdict once they know that many wants to be involve on bitcoin market, A government can't control a decentralized coin. Satoshi design this coin to stop the monopoly on the economy of the world. In the future, The marketcap of cryptocurrency will be greater than the fiat.  Grin
full member
Activity: 434
Merit: 102
September 29, 2017, 09:52:35 AM
#55
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

We don't actually know the future of bitcoin today in china because we lived in the other country but I guess based on the articles and different post here in forum all I can say is that bitcoin will be somehow hard to exchane because we all know that they banned the other exchanger there. And I guess the rate of usage of bitcoin in china will be slowly rising because of the issue.
Nobody can tell the future with hundred percent certainty like you said but I guess, China is going to use bitcoin sooner or later. Chinese government has made this move to check their control over digital assets and the effects on their economy without crypto currencies. Still, it won't destroy the crypto world if China cuts off all links with it.
sr. member
Activity: 1022
Merit: 280
September 28, 2017, 10:50:10 AM
#54
I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

It has no effect on any of us at all, so what is the purpose of the question? This has come up over and over in the past few weeks and there is no purpose to it here, other than creating useless talk and chatter. Bitcoin future is good even without china and In china, bitcoin will return back soon.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 27, 2017, 12:50:03 PM
#53
I think it's impossible to ban crypto entirely in china. There will always be people who can look for other ways. Its sad that this had to happen especially with how big for crypto the chinese market is
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