I do not think China hates Bitcoin and will definitely expand this market in the future. If Bitcoin gains the trust of the Chinese government, the price of Bitcoin may reach $ 10,000 and may increase further in the future.
I agree, Indeed I guess they like that blockchain technology. They are just protecting their citizen and wants a cleaner environment for exchanges. They are shutting down not properly licensed exchanges and not the legit one. This mean they are serious about Bitcoin and they wanted to deal with it in a legal way. 
Topic: Why does China hate Bitcoin? - page 18. (Read 8833 times)
I do not think China hates Bitcoin and will definitely expand this market in the future. If Bitcoin gains the trust of the Chinese government, the price of Bitcoin may reach $ 10,000 and may increase further in the future.
China hates Bitcoin because it is a competitor to all the gold reserves they have stored up. This is where their wealth is stored and they're mad because it's going to have to go into BTC eventually but are trying to stop that.
I do not think that China hate bitcoin. Only the Government does not like bitcoin because most of the rich people in this country tend to invest their money in cryptocurrency. Therefore, the government can not control their property and collect tax. As you can see, China was the biggest country which involve in the bitcoin society.
This is the biggest obstacle of every country in the world. there is no system or regulation that can attract taxes from bitcoin users. What china is doing right now I think is a big step that the Chinese government wants to do. some of the consequences are the application of a spare system exchange on the tire for some time. what I feel is that everyone who wants to withdraw Bitcoin to local currency will be taxed, it becomes altrernative so that Chinese Government can control the circulation in their country. China doesn't hate bitcoin. As a matter of fact, China has the world's largest trading market. The Bitcoin there was banned because of the Bank of the China who strictly engaging bitcoin through banking. So in a result the government of China decided to banned bitcoin in their country.
not Chinese people who do not like bitcoin, is proven by a lot of bitcoin users coming from China, the Chinese government who hates bitcoin, of course because the government can not benefit from bitcoin,and it is precisely the governments that are losing the existence of bitcoin in their country. I think all users know what harm the government gets when bitcoins are popular in the country,,
I really do not understand what China is thinking, but why do they hate Bitcoin, there is a profound cause? Or they simply do not want Bitcoin to "invade" their market...
I do not think that China hate bitcoin. Only the Government does not like bitcoin because most of the rich people in this country tend to invest their money in cryptocurrency. Therefore, the government can not control their property and collect tax. As you can see, China was the biggest country which involve in the bitcoin society.
I believe China doesn't hate bitcoin. China might hate the fact that it's untraceable, and with the problems that rised with the ICO's where many investors were scammed, and lost money, they couldn't do anything to retrieve that. It's a risky market, some will opt out of it, some will just act that they will opt out, and others will continue following bitcoin!
China have a communist government, so they want to take control all the aspect of economical state inside their country. And we all know that Bitcoin is a form of crypto-currency which is likely to happened to be a unreachable, uncontrollable form of currecny. Meaning that the government or their government will no longer have a control on investments , property and transaction of their people.
The reason why they hate it because they can't do something about it or their not gaining something from untraceable transaction remember that Chinese people tend to act if their not gaining something from it, also they want every transaction noticeable and traceable so they could study and analyze maybe that is one of the biggest reasons why they hate it.
Another half-communist country that yearns to monitor all monetary transactions. How can they not understand that this is a dead end for the development of the economy. Then comes Russia, then Ukraine. Place your bets gentlemen!
I believe the Chinese government is trying to find a way to stop their citizens on money laundering from trading of bitcoins, I believe there might be a small group of wealthy Chinese citizens who are trying to evade paying taxes to the Chinese government and they are using bitcoins to send money overseas, that is one of the main reason for China to enforce tighter laws and regulations on bitcoin.
You are totally right about this situation . Chinese rich people are using bitcoin to pay great amount of taxes to chinese government. Because of this reality, chinese government hate bitcoin.
Chinese people doesn't hate bitcoin but its government. It's because they can't track where the money goes and we all know that China is communist. Their money were revolving only in their country. They don't want to be involved that much especially China had a lot of contibutions in BTC.
I think chinese do not hate bitcoin, it's just their strategy to make bitcoin prices down then they buy massively in order to control and control bitcoin prices.
I do not think china hates bitcoin but its government because of too many chinese who do transaction with bitcoin so in worried that native country china currency weaken and make society more often use bitcoin as easy transaction tool so that bank in china become very less serving transactions thereby reducing government revenue.
china may have been rivaled with bitcoin, because the bitcoin will soar so long that no one can compete with bitcoin prices.
or other than that china feel harmed by bitcoin, chances are you want to make your own coin that can benefit china country.
We all know that china is a communist country having lots of regulations and restrictions.it always wants to keep its people under its strict control.Bitcoin is a currency which has been created to give financial freedom to people.Just we could understand that both are contrast.China does not want to loose its control over its people,either due to bitcoin or other.It does not want its country's wealth to be transacted via bitcoin outside its boundary and get invested in other countries.Also,it does not want its own currency yuan losing its value due to bitcoin.So,it has started to take severe actions against bitcoin.
I do not think china hates bitcoin but its government because of too many chinese who do transaction with bitcoin so in worried that native country china currency weaken and make society more often use bitcoin as easy transaction tool so that bank in china become very less serving transactions thereby reducing government revenue.
China hates Bitcoin because they can't control it. It would be interesting to see a cryptocurrency in China because a lot of people are using their smartphones to pay for something (especially in big cities). Why did China banned exchanges? Weren't they earning a lot of money on income tax from miners? Now miners are moving to Russia and other close countries.
I think china hates the bitcoin because they already know that bitcoin is a scam.
China hates Bitcoin because they can't control it. It would be interesting to see a cryptocurrency in China because a lot of people are using their smartphones to pay for something (especially in big cities). Why did China banned exchanges? Weren't they earning a lot of money on income tax from miners? Now miners are moving to Russia and other close countries.
not true if china hates bitcoin, the evidence is often china btc banned, but in fact it is not consistent. china had freeze one of the exchange in china but in reality its now the exchange is active again. in two months trinal china had announced banned btc, and now announces china btc banned again, as a strategy of investors in china to cause panic for btc owners to sell it, when prices start low investors in china buy it with a large amount
why china hate bitcoin i think china not hate bitcoin they want to buy bitcoin lower price of bitcoin
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