Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: ghermghuda on August 23, 2018, 04:52:13 AM



Title: History might repeat itself once again- The new China ban
Post by: ghermghuda on August 23, 2018, 04:52:13 AM
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.


Title: Re: History might repeat itself once again- The new China ban
Post by: Halbert on August 23, 2018, 04:53:46 AM
On the history of bitcoin movement, we can say that we are preparing to see a big increase by the end of the year  ;D


Title: Re: History might repeat itself once again- The new China ban
Post by: zhekinsp on August 23, 2018, 04:57:20 AM
In last year the prices were rapidly increased not because of Chiia ban in something related to crypto currencies,and if something which happen again this may leads to fall prices more in my opinion.


Title: Re: History might repeat itself once again- The new China ban
Post by: Anewor on August 23, 2018, 05:03:15 AM
Should they ban it, then it could be another beginning for cryptocurrency. This could be another event that could as you have said repeat history, but for me this another beginning that could lead to something else. It is more like a correction to ptrvious mistakes that may have happened if there is any in their own sense. So i just think the cryptocurrency market will probably change after this.


Title: Re: History might repeat itself once again- The new China ban
Post by: Vispilio on August 23, 2018, 05:10:03 AM
Bans & Censorship efforts by states and banks further the understanding of the masses that institutions are no longer your friend in the 21st century, and the individual has to

look after himself in the modern world. So in the long run, oppressive behavior will have a positive effect on the rise of Crypto Currencies.


Title: Re: History might repeat itself once again- The new China ban
Post by: Rangga27 on August 23, 2018, 05:14:10 AM
I think the impact was very influential on the crypto market, because many Chinese investors held funds in crypto


Title: Re: History might repeat itself once again- The new China ban
Post by: dogtana on August 23, 2018, 05:33:30 AM
Ban the banned ???


Title: Re: History might repeat itself once again- The new China ban
Post by: Herbert2020 on August 23, 2018, 05:51:30 AM
bitcoin has been around for about 9 years and from around the second year or third China has been banning cryptocurrencies almost every 2 months... or at least that is what the "media" has been telling you they have done.
this time the source of the news is so funny! it is some dude from California owning a shitty small business called Dhanua Capital, posting a tweet!
what really happened is that WeChat is no longer allowing any ICO advertisement on their platform. :D


Title: Re: History might repeat itself once again- The new China ban
Post by: mmacool on August 23, 2018, 05:58:47 AM
Do you really think that in that year because of China, the market grew very quickly? There is a lot of news and the market reacts differently. But I think that China will play some role in the market.


Title: Re: History might repeat itself once again- The new China ban
Post by: kingdomofhearts on August 23, 2018, 06:00:56 AM
On the history of bitcoin movement, we can say that we are preparing to see a big increase by the end of the year  ;D

I hope you're right about this trend dude. However, things can always go the other direction and we have no basis for that pump yet. So I think we will be better off not to assume things or probably just don't expect too much.


Title: Re: History might repeat itself once again- The new China ban
Post by: Kallipso on August 23, 2018, 06:02:51 AM
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.
China is not a global problem for the market and their prohibitions do not significantly affect the entire situation. So do not think about the nearest pump, we need more global news.


Title: Re: History might repeat itself once again- The new China ban
Post by: mostkey on August 23, 2018, 06:20:26 AM
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.

The current situation with last year is certainly very different, this is a psychological problem that people think on the market today, of course with the many fears of news that make them weaker than anything, I don't think it will be the same now but China is not right There really is an impact on the other side maybe in development last year with the Chinese ban there is news that might be better after the ban happened? then that's the cause and now we are not too strong with any news and people are afraid of losing money, often not understanding what investment is.


Title: Re: History might repeat itself once again- The new China ban
Post by: Samtob4 on August 23, 2018, 06:32:52 AM
I will be happy to see that is what we having being waiting for hope they pump it soon i have alot of coin am holding and i wish to sell them by december


Title: Re: History might repeat itself once again- The new China ban
Post by: BitcoinHodler on August 23, 2018, 06:37:11 AM
China last year did not ban cryptocurrency trading, what they did was that they tried regulating their centralized exchanges but they refused to comply so they closed them down. and ever since that day people have been trading P2P or trading on other exchanges like the Japanese ones.
and this time is no different, there is nothing that indicates any kind of ban. so in a way you are correct history did repeat itself in the sense that we saw the same FUD about China ban one more time and the market ignore it :D


Title: Re: History might repeat itself once again- The new China ban
Post by: semobo on August 23, 2018, 06:39:37 AM
bitcoin has been around for about 9 years and from around the second year or third China has been banning cryptocurrencies almost every 2 months... or at least that is what the "media" has been telling you they have done.
this time the source of the news is so funny! it is some dude from California owning a shitty small business called Dhanua Capital, posting a tweet!
what really happened is that WeChat is no longer allowing any ICO advertisement on their platform. :D
LOL,I am just amazed after seeing the trueness of the media nowadays,they just tell China bans even didn't make any research about it.
So the people we need to be careful,what we are hearing is not true this maybe someone's strategy to manipulate us.


Title: Re: History might repeat itself once again- The new China ban
Post by: electronicash on August 23, 2018, 06:49:59 AM


onechain seem to be active. as long as the people from china has access to the internet, their government can't stop the people from trading nor participating on ICO. cryptocurrencies has been here for years already, no one stops this even if all government are going to keep banning. they'd have to put us all in cell in that case to stop crypto.


Title: Re: History might repeat itself once again- The new China ban
Post by: rdny on August 23, 2018, 07:08:29 AM
Even with the new china ban, bitcoin will still stay around at current levels, but people are hoping that it goes way up in the coming last quarter of the year. They are betting on it replicating or atleast besting its last year performance.


Title: Re: History might repeat itself once again- The new China ban
Post by: bartolo on August 23, 2018, 12:54:11 PM
China last year did not ban cryptocurrency trading, what they did was that they tried regulating their centralized exchanges but they refused to comply so they closed them down. and ever since that day people have been trading P2P or trading on other exchanges like the Japanese ones.
and this time is no different, there is nothing that indicates any kind of ban. so in a way you are correct history did repeat itself in the sense that we saw the same FUD about China ban one more time and the market ignore it :D


Nobody cares about news from China anymore, the supposed China bans have become a meme, most are interested misinterpretations and the rest are restrictive measures that their citizens can easily skip. Anyway, we must also remember that the real FUD was not any news from China but the August hard fork, I still remember many expert analysts predicting the apocalypse those days and we saw what happened next.


Title: Re: History might repeat itself once again- The new China ban
Post by: dzelenyanskiy on August 23, 2018, 01:02:17 PM
The Chinese government is playing some kind of cunning game, sometime softening its policy towards crypto-currency, then toughening. Of course, this is bad news for us, but as the market was already depressed, as it is, such news will not significantly affect it now.


Title: Re: History might repeat itself once again- The new China ban
Post by: Gekkoo on August 23, 2018, 01:10:08 PM
Fortunately, the cryptocurrency market is well distributed and does not rely heavily on China, we can rest easy with this news that is unlikely to shake investors. Last year there was a bigger reaction when it banned for the first time impacting the market. But can we expect China to resume its position on the crypto? I believe so and this moment is temporary.


Title: Re: History might repeat itself once again- The new China ban
Post by: clingy on August 23, 2018, 01:11:16 PM
The Chinese government is very annoyed with cryptocurrencies, so it closed most of China's trading websites from around October last year. It also banned all ico projects. I believe history may repeat itself, but I believe this has little impact on Chinese investors.


Title: Re: History might repeat itself once again- The new China ban
Post by: echodike on August 23, 2018, 09:57:41 PM
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.

China banning cryptos in September was not the rise why the market went to into bull run last year, market went into bull run because of the bitcoin futures trading and what could happen this year is that bitcoin ETF might get approved which could see anther huge bull run


Title: Re: History might repeat itself once again- The new China ban
Post by: arienna23 on August 24, 2018, 12:25:08 AM
If there will be a ban, I think it will be an ICO coins and not Bitcoin and other known cryptocurrency. Their strategy of banning cryptocurrency failed already. I think they already know that banning cryptocurrency is not a good approach to and should embrace it to take advantage and get ahead in the future.


Title: Re: History might repeat itself once again- The new China ban
Post by: sinkfish on August 24, 2018, 01:57:28 AM
China: okay guys, we need more bitcoin, time to wage another ban...


Title: Re: History might repeat itself once again- The new China ban
Post by: Mr.frost on August 26, 2018, 01:34:51 PM
It might have impact but they are not the only country who are into crypto.Let's just say, the history that will repeat will be the big jump of the coins value.


Title: Re: History might repeat itself once again- The new China ban
Post by: amrulshare on August 26, 2018, 01:41:08 PM
Chinese govs are very strict with the regulations that have been issued, and I think they only want to hold most of the cryptocurrency market in the world. however, they could not control that and that was why they hated the initial coin offering.


Title: Re: History might repeat itself once again- The new China ban
Post by: CoinEraser on August 26, 2018, 01:43:23 PM
Last year around this time getting into September, China decided to ban crypto trading activities and other related activities and then they finale banned somewhere in September. This year, they have done it again by banning crypto marketing and events, according to: https://bitcoinist.com/china-officially-bans-crypto-activities/
Will this make the market furious again and begin to pump or it's no "new" news and so it won't have any significant impact.

I don't think this message will affect the price of Bitcoin or other altcoins. The price is very instable even without this message. Besides, it doesn't directly affect Bitcoin or altcoins. So from my point of view, this message isn't as bad as the message again when china may have wanted to banish Bitcoin altogether. But that's just my opinion. If and how the market really behaves on this message we will see in the next days.  ;)


Title: Re: History might repeat itself once again- The new China ban
Post by: Cryptodiscuss on August 26, 2018, 02:46:16 PM
Noone cares about crypto news from China anymore! Bigger news was when facebook banned crypto marketing on its platform! China darkened their crypto world last year and they dont count anymore!


Title: Re: History might repeat itself once again- The new China ban
Post by: CryptoAssasin on August 26, 2018, 02:51:12 PM
China moves again? That is not something new. These guys are the biggest market manipulators where these chinese are investing secretly to get bitcoin or other cryptocurrency at its lowest price. We all know that China always using its power to get what they wanted so manipulating the price in the market is super easy for them. I will not be surprise if they will change their mind sooner or later and embrace cryptocurrency once they collected enough bitcoins.


Title: Re: History might repeat itself once again- The new China ban
Post by: acheampong64 on August 28, 2018, 03:47:32 PM
Mmm...well maybe what you are saying could be true. The price of Bitcoin has been gradually rising of late and I think this might have a relation even though there are numerous reasons that can affect the price of Bitcoin. We hope this latest gradual bull run is real and no bad news occur on our way to the top.


Title: Re: History might repeat itself once again- The new China ban
Post by: dungthuy on August 28, 2018, 03:51:44 PM
If the history will repeat itself then we should buy bitcoin now because a big increase are coming up. The movement of Chinese goverment won't be soething new at all. China is one of the biggest and strongest countries in the world and they want to take effect on this crypto world so as long as some thing big comes up, they will involve


Title: Re: History might repeat itself once again- The new China ban
Post by: Nexigen on August 29, 2018, 09:48:56 PM
This strange Chinese decision, apparently, is connected with the trade wars being waged now all over the world. It will lead to an influx of dollars into the Chinese economy due to the sale of crypto assets by Chinese investors. Many of them will go to Singaporean jurisdiction. Most likely, such a decision is lobbied from there.