In October or November, China will hold its 19th Party Congress. It’s not an election in the truest sense—the Chinese people do not get a vote—but at this closed-door meeting, officials will appoint some of the country’s top leaders.
Next year’s Congress is more important than most. Five out of the seven people who currently sit on China’s all-powerful Politburo Standing Committee are set to be replaced, while about half of the 18-member-strong Politburo are also outgoing.
Topic: Why China's Ban On Crypos May Be Temporary - Forbes - page 2. (Read 989 times)
To be honest I dont know what is inside of the government's mind but if it is true then it will be a good news for all crypto users, but I feel a bit pessimistic about this, China really strict about alot of things, I dont believe the ban is going to be temporary, but let just hope for the best because the decision could affect the bitcoin and other crypto
Interesting article, but actually who did really think that China would really ban long term this new crypto-economy?
Not sure how they can conclusively stop bitcoin in china. It would be very difficult to work out who actually holds it in order to enforce the ban.
this is probably the dirty strategy of china
As the article said it is politically motivated and this is a good news actually as the ban will be lifted after the election. It's good to see that the price will be ready to enter $5,000 on that day.
is the bitcoin created in china?
No, it is just mined there by different mining farms as most of the miners are living in China.
does china create blockchain technology?
No, it is created by Satoshi Nakamoto but no one knows what's his nationality either.
we can only wait for the next news
Yes and that news is going to be a good one.
It seems that the Chinese government has not been able to prohibit the crypto currency in its country and in the near future its circulation and exchange for ordinary currency will be resumed. This is good news as the Crypto currency market has frozen in anticipation and this is hindering the normal development of the crypto currency. However, I would like to hear clear statements about this very government of China. Too many rumors and unverified facts, and the information provided is not sufficiently specific.
Interesting read. The thing about mainstream media is that they mumble and jumble everything together when it comes to cryptocurrency. Most of these writer just don't understand what this is all about. Instead of some of them to seek people with clear perspective about crypto, they keep regurgitate each others mislead information.
At some perspective maybe the news actually is true but i dont know either if its a good or bad news if ever the election would really have new sets of administration. Cause what if the next administration would continue the incumbent administration. Let's just wait because as of now, the temporary really had great effect on how the price of btc is increasing because of their role on mining.
this is probably the dirty strategy of china
which I want to ask
is the bitcoin created in china?
does china create blockchain technology?
we can only wait for the next news
Thank you for sharing these interesting article to me, I think the Chinese government will not ban crypto, they just want to stop ICO scams.
That's right, I agree with youAny development of hot, cheating or unsuitable phasp needs to be inspected
All is just to serve development and find the right direction
No fraudulent ICO
Sure
In a digital age and in a flat world like now, nothing can be banned
The Chinese government can not resist the development of crytocurrency
In a digital age and in a flat world like now, nothing can be banned
The Chinese government can not resist the development of crytocurrency
Oh what a suprise, China is not going to ban all the cryptos 
Thank you for sharing these interesting article to me, I think the Chinese government will not ban crypto, they just want to stop ICO scams.
I don't believe it. I think China has lost so much money with various types of capital flight that they're clamping down on all of them.
In a way it will be good to get the whole China thing done and ended, and then we can grow with these "china is going to ban bitcoin" stories we've had consistently since 2014.
In a way it will be good to get the whole China thing done and ended, and then we can grow with these "china is going to ban bitcoin" stories we've had consistently since 2014.
Sounds like good news for the community 
i guess the pull back was eminent and was going to happen eventually, healthy for markets to react this way. new ATH soon
Interesting commentary. I was expecting to see something concrete. Nonetheless, good article.
At present and in the immediate future, however, the size of the Bitcoin economy is far too small to be a real threat to the Beijing government and the banking system it owns and manages.
At present and in the immediate future, however, the size of the Bitcoin economy is far too small to be a real threat to the Beijing government and the banking system it owns and manages.
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
Even if it's true, thanks to the ICO ban in China and so the closure of exchanges, the majority of the Chinese ICOs has probably re-located to other countries where it is legally accepted to deal with ICO projects and cryptocurrencies. Besides, I highly doubt that the ICO ban in China could be reversed, by the way. What for?
Sounds like good news for the community
Hope this is the case, the fact is that the cryptocurrency world took a huge hit and is coming back stronger.
If China gets on board then it's all steam ahead!
If China gets on board then it's all steam ahead!
I think the article is wrong, what I heard is that China banned some chinese exchanges and they will close operations at the end of this month.
But still everything else it said applies, BTC can't be ban and there's a lot of chinese people that prefer BTC better that Yuan.
But still everything else it said applies, BTC can't be ban and there's a lot of chinese people that prefer BTC better that Yuan.
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
That already mentioned by a lot of the people if the ban just a remporary and there is a statement from the pboc's site related to the banned of the altcoin coin in the chinese exchange site or china's territory.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
That was definitely true at all.
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
Whether the news will be something that will live up to expectation, only time will tell because I would rather not keep my hopes high but eventually when this happens, it then mean there is going to be a serious high level that has not been reached before with the factors such as Japanese interest growing, Amazon speculative acceptance and now, China coming back into the game.
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