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Topic: Will China start Altcoin Season - page 6. (Read 715 times)

legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
October 28, 2019, 02:07:12 AM
#7
The early trends suggests otherwise. The recent spike (which resulted from the speech made by Xi Jinping, in which he mentioned about the Blockchain technology) took Bitcoin dominance form 66.5% to 68.0%. That is a 1.5% increase in just 24 hours. Even established altcoins such as Ethereum have witnessed their market share going down over the past few months. And with the Bitcoin block reward halving approaching, it is going to get even worse for the altcoins (including the top-10 coins such as Litecoin and Ripple).
jr. member
Activity: 336
Merit: 3
October 28, 2019, 02:07:08 AM
#6
I hope so!

In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I don’t need to tell you what will happen.

As an example, I am invested in Cardano and it is on the list and they also have a solid presence in China

https://www.tronweekly.com/iohk-bringing-cardano-ada-closer-to-chinese-market/

I am not telling you to buy Cardano it is an example. There are many projects on the Chinese preferred  list.

China seems to be into NEO way more than ADA, it is currently up by over 20%, when even BTC is growing only by a bit over 2% at this time, and Cardano by around 5%. I admit, I did not see this coming, but NEO might actually make a comeback if this continues.

Chinese have on ramps to Neo and Chinese are probably feverishly opening accounts to buy from the list:

List is here:

https://news.bitcoin.com/china-rankings-37-crypto-projects/
full member
Activity: 952
Merit: 110
October 28, 2019, 02:00:28 AM
#5
I hope so!

In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I don’t need to tell you what will happen.

As an example, I am invested in Cardano and it is on the list and they also have a solid presence in China

https://www.tronweekly.com/iohk-bringing-cardano-ada-closer-to-chinese-market/

I am not telling you to buy Cardano it is an example. There are many projects on the Chinese preferred  list.
I personally prefer chinese and korea project because they are more into the tech more than other countries, but i don't think china alone is capable of driving the altcoin season, i think bitcoin halving is the only thing that can drive the next altcoin season
full member
Activity: 378
Merit: 101
Estimated.Pro - Crypto Signals. Free.
October 28, 2019, 01:54:38 AM
#4
I hope so!

In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I don’t need to tell you what will happen.

As an example, I am invested in Cardano and it is on the list and they also have a solid presence in China

https://www.tronweekly.com/iohk-bringing-cardano-ada-closer-to-chinese-market/

I am not telling you to buy Cardano it is an example. There are many projects on the Chinese preferred  list.

China seems to be into NEO way more than ADA, it is currently up by over 20%, when even BTC is growing only by a bit over 2% at this time, and Cardano by around 5%. I admit, I did not see this coming, but NEO might actually make a comeback if this continues.
hero member
Activity: 1862
Merit: 574
Leading Crypto Sports Betting & Casino Platform
October 28, 2019, 01:50:55 AM
#3
China greatly affects the price of bitcoin or altcoin at this time. If the Chinese had started to make a list of what altcoin they wanted to invest the price would go up. Evidenced by the price of bitcoin which is currently rising, it is because of the positive news coming from the president of China. Chinese President Xi Jinping said his country must take the opportunities provided by blockchain, the technology that supports bitcoin. because blockchain technology is very useful and can be developed even better.

https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment
China has a lot of influence on crypto prices and this often happens. if they say something positive or negative about crypto will have an effect on the market. like now when there is positive news from China the price of bitcoin rises so I think if China gives an appreciation to altcoin there will be an effect on the market
jr. member
Activity: 294
Merit: 3
October 28, 2019, 01:52:46 AM
#3
Here is the list:

https://news.bitcoin.com/china-rankings-37-crypto-projects/


Chinese are not stupid they will research the projects and it only takes one big company to become a whale in one of these projects and prices will take-off

Alternatively the masses might start heavily investing in some of these projects.
sr. member
Activity: 534
Merit: 250
October 28, 2019, 01:40:24 AM
#2
China greatly affects the price of bitcoin or altcoin at this time. If the Chinese had started to make a list of what altcoin they wanted to invest the price would go up. Evidenced by the price of bitcoin which is currently rising, it is because of the positive news coming from the president of China. Chinese President Xi Jinping said his country must take the opportunities provided by blockchain, the technology that supports bitcoin. because blockchain technology is very useful and can be developed even better.

https://www.coindesk.com/bitcoin-jumps-12-as-chinas-xi-embraces-blockchain-boosting-crypto-sentiment
jr. member
Activity: 336
Merit: 3
October 28, 2019, 01:21:35 AM
#1
I hope so!

In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I don’t need to tell you what will happen.

As an example, I am invested in Cardano and it is on the list and they also have a solid presence in China

https://www.tronweekly.com/iohk-bringing-cardano-ada-closer-to-chinese-market/

I am not telling you to buy Cardano it is an example. There are many projects on the Chinese preferred  list.

List is here:

https://news.bitcoin.com/china-rankings-37-crypto-projects/
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