Topic: Why China's Ban On Crypos May Be Temporary - Forbes (Read 989 times)
I agree with the article of Marketwatch all about is a way for China to enforce capital controls. this is all about bitcoin ban in china
Whatever the affect in cryptoworld because of China rumour o think it’s healthy change because there is lots of ico coming up with only scam interior with the white paper and website . Ico has to be regulated so that lots of losses can be reduced for the innocent people . Again China is not completely banning Ico.
Love your point of view
yeah i have read the article. China want to regulate the altcoin ico project.announced that they are not going to ban bitcoin. it's a good news for us.
hopefully they will control everything properly.
It was clear from the beginning. Each of us knows what bitcoin is profitable. But to earn an income with bitcoin in various ways. Everyone chooses an acceptable method. Similarly, the Chinese are trying to choose for himself the most profitable ways to use bitcoins. hopefully they will control everything properly.
If the article is indeed saying the truth and there may still be possibilities that China ban will be lifted then it is a very good news.
Since we can't deny the fact that Chinese people are one of the biggest investors when it comes to cryptocurrency.
I only hope that if ever they will lift the ban they will stick to that decision forever.
And will not reach to another announcement that they will give ban again.
Because if this happens then it will be better that they will just distant their country form cryptocurrency forever.
Since we can't deny the fact that Chinese people are one of the biggest investors when it comes to cryptocurrency.
I only hope that if ever they will lift the ban they will stick to that decision forever.
And will not reach to another announcement that they will give ban again.
Because if this happens then it will be better that they will just distant their country form cryptocurrency forever.
yeah i have read the article. China want to regulate the altcoin ico project.announced that they are not going to ban bitcoin. it's a good news for us.
hopefully they will control everything properly.
hopefully they will control everything properly.
maybe, because china is just to drop the bitcoin price so they can profit a lot from bitcoin.
To me the banning of exchanges in China played out kinda weirdly. A tweet by Charlie lee followed by an announcement from Bobby BTCC which based the closing on the ICO ban. Then a meeting with officials of the other two big exchanges (OK, Houbi). I may have missed the "official" ban exchanges announcment.
Also very little complaints or plans to move from Bobby Lee??. Personally I think they intend to start up again when all their account holders are confirmed clean and the new china bit licence is issued
Also very little complaints or plans to move from Bobby Lee??. Personally I think they intend to start up again when all their account holders are confirmed clean and the new china bit licence is issued
I also think that China`s ban on conducting crypto curruncies is temporary. In the future the Chinese authorities, having improved regulatory mechanisms, may reconsider their decision. As soon as regulation of this industry comes into sight, virtual currencies themselves will be legalized, the ban will be removed. China prohibits bitcoin at least once a year. This is just another form of controlling the movement of funds. They probably weaken the ban and introduce controls that they think are necessary.
It does not have to be coming from Forbes in order for people to be convinced of the fact that this will be highly temporary. Crypto is the future of currencies and china will not allow itself to be in the last batch of countries adopting it. China will have to face the reality and adopt too.
Whatever the affect in cryptoworld because of China rumour o think it’s healthy change because there is lots of ico coming up with only scam interior with the white paper and website . Ico has to be regulated so that lots of losses can be reduced for the innocent people . Again China is not completely banning Ico.
Forbes article provides the political motivation behind the ban and hints about the possible revoke soon
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929
https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections
chances are it's true bitcoin in china is temporarily disabled, https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929
https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections
but i also think if bitcoin there will really not be
Another theory is China ban all ICO and cryptocurrency so they can create their state-owned, state-control cryptocurrency.
I think it will be better for all, if China would be out of cyptos with they manipulations on the whole cryptomarket.
it still am waiting to see where they banned "cryptos" or as the article title says "ban bitcoin"!
to this day i have neither read any news from China about banning bitcoin nor i have seen then actually banning bitcoin.
the only thing i keep seeing is that uninformed news sites which do not even know what bitcoin is, repeat the same thing about China banning bitcoin!
the funny thing is even Chinese themselves are annoyed by this lie https://twitter.com/SatoshiLite/status/911067464796053506
to this day i have neither read any news from China about banning bitcoin nor i have seen then actually banning bitcoin.
the only thing i keep seeing is that uninformed news sites which do not even know what bitcoin is, repeat the same thing about China banning bitcoin!
the funny thing is even Chinese themselves are annoyed by this lie https://twitter.com/SatoshiLite/status/911067464796053506
I would agree wih you BTCLovingDude, i have been saying
This for a number of days now. It seems like people pick
up on a whisper and it just spirals out of control.
The only news i have read is that china imposed a temporary
ban on exxchanges and would look at implementing a
licensing system. And as for ICO's they need to sort the
Legitmatenones from the scams.
Its good to see the mainstream media report something Positive
I do not believe the China and their people.
But I believe the Forbes.
I am a good guy, and no one else is.
But I believe the Forbes.
I am a good guy, and no one else is.
It's all politically motivated undertakings, the banning of ICO and exchanges. Well then, I'll have to wait and see what will happen in the crypto currency in mainland China after the upcoming communist party convention. Maybe a government self issued digital currency will emerge and a regulated ICO and exchanges.
I don't care about China anymore but have to say this:
The government of China wants to ban exchange to investigate money laundering. They will reopen soon after finish investigate.
The government of China wants to ban exchange to investigate money laundering. They will reopen soon after finish investigate.
out of curiosity, how would the actions of the china government affects the tons of mining farms in China?
I really don't see how they can ban totally....
Though i heard whatsapp was "blocked" in China recently.
I really don't see how they can ban totally....
Though i heard whatsapp was "blocked" in China recently.
. Let's hope that after the next party conference in China on October 18, which will elect a new party leadership, new party leaders will have the wisdom to cancel prohibitions and restrictions on the circulation of crypto-currencies inside the country, leaving only its reasonable regulation following the example of Japan. I do not want to lose such a large crypto currency market as in China.
Forbes article provides the political motivation behind the ban and hints about the possible revoke soon
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929
https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929
https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections
no one should be care about china anymore, really.
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