Bitcoin Forum

what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of  new government or something like that i don't know correctly

rumors, mid january comeback

Almost certain they lift the ban imo. Their government won’t want to miss out on all the taxes that they can earn from exchanges & mining farms.

Well, there is nothing impossible especially if we are talking of China as these people are really good on projecting the power that they are holding. Seriously speaking though I don't want China to be back into the Bitcoin and cryptocurrency market on the basis that this country has been good in manipulating all of us. I have no ax to grind with its people but am talking here about their government...it is a government that can be saying one thing and without you knowing it doing something else behind.

We have already shown that Bitcoin can all survive and prosper without the presence of the Chinese market. Anyway, money from wealthy Chinese still find their way to the Bitcoin market as money just like water can always find the way. However, I am aware that China can also help push the value of Bitcoin towards the $10,000 mark.

Not only China is rich, but many other countries have hidden wealth that is not very visible, and bitcoin prices will continue to grow due to the growing interest as time passes, and this price grows naturally.

The Chinese traders haven't abandoned BTC because of the ban. They moved. You could see that in both the price and volume. When the rumors were confirmed there was a selloff, but not big enough, meaning that they haven't sold, they just stopped trading and moved the coins to other exchanges. Not long after the volume in Japan and Hong Kong went up drastically. If China comes back we'll go up again, but it won't be huge because like I said they are already trading.

They're gonna lift the ban. Most Chinese businessmen wouldn't let this phenomenon pass and milk the hell out of bitcoin as long as they can. Some bitcoin traders I know of that came from China move to a more bitcoin-friendly Japan as of the moment to still be in the action, so that itself speak volumes that the Chinese still want to get involved in bitcoin no matter what the cost may be. PBoC might come back to state that they are now lifting the ban though certain regulations, this time stricter, are in place for any potential bitcoin scam that may arise.

Without any strong source any news/updates coming from china is just fud/hype, we have seen hundreds of them in past.

Its better to wait and watch, if you are just linking this with recent bitcoin price boom than I think this is unrelated. Currently price is pumping because of upcoming fork which might split bitcoin community into two distinctive half.

I think there might be some bad news, they acquire all the coins cheap and then it moonshots afterwards. Might be in Dec/January

Yes, I have heard this news too. But I do not know anything about this. If China comes back to Bitcoin, then I think the price of BTC will be increased. Because China's contribution to bitcoin is much more. So China has a lot of influence in bitcoin. We hope China will come back to bitcoin again.

Can you give the links of that articles or news? As far as my research is concerned I can't find any articles regarding that or maybe I just missed.

With the bitcoin price surging at above $6,000, it gives hopes that China will modify their regulations about cryptocurrencies. Maybe a sign of come back? Who knows anyways.

as much as im sure the chinese government would love all that tax money, i'd think the very idea of bitcoin goes against their desire to maintain control, it being decentralized and all that. the chinese regime has been an authoritarian one for years, and i dont think they'll come to accept bitcoin without some sort of means to control it, or at least their population's usage of it.

rumors will always just be rumors, but it always seems that at least 95% of the people here either take rumor for fact, or blow everything out of proportion (or both) when they hear something. you've just got to filter it all out. as far as the fork goes, it likely is the reason for the price spike; people are getting really hyped up about the potential for improvement it seems.

One thing to note is that BTC has done just fine without China directly involved.  I think its "egg on their faces" in a way.  We don't need them and values are fine along with trades moving OK.  Forks are behind us now (mostly) and we are on the march.  Sure if they want to come back fine, but we don't need them here to make coin circulation work.  In the past China had a case of over-estimating their value to BTC.

As far as I know there is no official announcement till now. There are only some rumors with no source. But I personally think that China will lets the citizens to use Bitcoin. They want to legalize it.

Personally, I believe Chinese government banned crypto and ICO, to implement all necessary regulations. So when China returns, it will only be a more matured market for ICO, etc.

They will come back for sure, See without China bitcoin reached at 7k, China thought they will destroy the bitcoin but what happened was the complete inverse. Now China must be regretting.

I'm not interested in going back to China or not. You that bad now? I don't argue with the fact that China has a serious impact on the price of bitcoin, but this influence is not critical. If China remains in the game, we get a bonus of several thousand dollars to the price. If not then we'll get to later. The main thing that we will get them anyway.

Bitcoin rise at the moment I do not think it's natural like there's an actor behind the current Bitcoin hike,
it's rise is incredibly fast, whoever the actor behind this Bitcoin Pump would have wanted Bitcoin to be known all over the World ...

I think because the National Congress of the Communist Party of China ended a week ago the government will now be free to move forward with their agenda. I think they acted partly because of this congress and partly because ordinary people in China were getting ripped off in scam ICO's. There will likely be more "control" in the future but it is inevitable IMO that sooner or later they will be back officially.

really ? :D man this is so old post :D

I was also reading that latest info is that government will remove ICO's blockage.

Damn, this are really reply on old post. Anyway I hope that China will release ICO as soon as possible.

Chinese bitcoin mining pool ViaBTC has announced that it will close its marketplace for mining contracts this week, a move that comes amid new reports of a ban by authorities in the country. So I do not think that they are coming back.

at this time I think that too, china is already closing the market for bitcoin mining, and china may not be re-plunge into the world of bitcoin mining. indeed whether there is a reason china country wants to plunge into bitcoin. whereas it used to be strictly prohibited, that bitcoin is not allowed to circulate in their country.

I think China would be back after learning the technology of bitcoin, i think they doubted it at first after a boost on its price and looks like a big scam and its not, China's government just make sure about crypto wont make their money waste, i think China would feel better if crypto will make them more wealth country.

I dont think is possible for china to relax their policies on crytpo currencies. Even if there is a change of government it will be hard for them to make another decision on bitcoins.

Who cares? It’s their loss. Bitcoins hit record highs despite their billion people absence. Some guys in the Communist Party are probably in the hot seat right now for that decision to ban cryptocurrency.

It's not impossibe for China to come back. I beleive the pressure is big and there are many efforts to losen the strict regulations about cryptocurrencies. Since that could be easily turned into great income I think chinese government could reconsider the decision. They have to keep the step with civilized world.

Probably, I mean they know they have some valuable markets to work with. But even if a country bans, you don't think the wealthiest have relatives or dual citizenship that would still allow them to invest? Of course they do. They make $$$ either way

I dont think so about that i guess it is not going to happened because when the government banned the ICO and other stuff in there country they already have a big process and analyze the situation before going to a move and obviously they know that they are doing and it is not going to happened to get back what they already done it will undergo a large process.

Well, there are some rumors that there talks between the China government and other entities to make it work the Bitcoin.  Though it is working without their government, it's all just off the books. =)

Maybe it’s not just China who become the richest country in this world, china is famous with the most population in this world. Few months ago China’s ICO closing affected bitcoin’s value to dip but now the value has recovered from China’s influence

now we can see how many people care about discussion. Here we can see only " Activity earners " are here ... look at the date of post ...

It is impossible to buy ico for the Chinese people, I think China is still the place where the bitcoin industry grows the most, and so on.

It's mid January now.. Although I still think they will lift the ban, It's just a matter of time and they need some sort of reason like say the release of Lightning Network or something. As for ICO's they might have a chance but with extreme regulations which would decrease the number of total ICOs held there yet also reduce the number of scams which is a good thing.

If this is true, then it is a great news for the cryptocurrency world. China is a huge market for cryptocurrency. Though,the latest clamp down on the exchanges is  caused panic worldwide but did not take long the market normalized. They come back, it would further boost the market.

Of course there's really a possibilities that China will bring back its support to crypto currencies especially now that it is obvious that the market are becomming more successful through the years and that some countries like Japan start adopting cryptos and giving their full support to this digital economy. We are now lifting the technology to the next level and that is full adoption and when it has been established China has no other way but to accept bitcoin as well as other cryptos

Just rumors to get BTC bottom price! These days, you need to analyze all the news and choose your own way to trade!
Take care!

I think that it is right news that may be in some time china will come back in cryptocurrency trading. This is due to the strong market of crypto currency. Now people are becoming more conscious to earn good profits and that's the only reason china will come back.

China is a dictatorial nation

china will comeback surely bcz they will not gonna miss bitcoin.they are just trying to fud the market.

Yes that is very much expected that they will surely left the ban and one again chines will play an important role in bitcoin. We have to accept that a big population of Chines are connected with bitcoin and they are the earlier supporter of bitcoin, they really have great role in making bitcoin more popular and therefore we can expect that very soon their government will review their decision and will very soon let their people to trade and use bitcoin, they will even turn bitcoin as legal currency.

They will miss bitcoin? It's not about you are missing something but it's all about their entire economy on how they are looking at the market of bitcoin. And we've seen on how they brought a big fall to bitcoin when they announced that they have banned bitcoin related rules and ICOs.

Rumors are giving some good hope when it is positive and it's giving false information if it was fake so yeah choose your own path.

New government in China? The Communist party has been the head of the faucet elections there for a long long time and there is no way that would change. Perhaps intraparty struggles could bring forth some regulators that would be more loose but they wouldn't stop the Chinese government from seeking to control everything.

Quite funny that no one commenting about the new government angle he was trying to portrait :D he does not know what he is talking about,@ OP if you have seen some information do link that page if they are planning to open and so on,you are posting as if you heard a rumor in a tea shop in China that they will have a new government . :P

I am not really sure where several people have mentioned something about a new government in China.  Now China always had a distrust of bitcoin as it allowed people to to move financial assets out of the country. China likes to keep a tight leash on every aspect from what is put on the news to what they learn. Im still waiting for them to shut down large mining farms.

I heard some news too.If govement china coming back  Bitcoin,the price BTC will be increased

I don't know the information but according to the statement that you said, I think it's very easy and it's very possible for China to go back again using bitcoin, and as we knows China has the largest population, and it can't be denied it will affect the utilization of bitcoin there.

That's just China being China.
Everyone: Hey guys we found a gold mine.
China: That's OURS.

China is a country which a lot of countries have investments in especially when in terms of the people workforce which China readily provides. Which is why if Bitcoin or cryptocurrencies can be introduced to its economy can have severe and lasting effects not on the industry but on how companies moght deal with it and it seems that china is overlycautious to it.