Bitcoin Forum

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/

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

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.

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.

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

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/

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).

You might be right but the Chinese thing might change market dynamics!

I would love to see some proof of this!

But yeah it would be nice if the Chinese started a new btc rally or an alt season. The past 2 years I have accumulated some really really big bags that I need to unload XD But honestly, I don't feel like we are going to see what happened in 2017 any time soon :(

China is indeed very capable, i am not surprised though because since the day i start learning about cryptocurrencies country like china,korea and singapore seem to have high taste in blockchain technology, i am starting to think that 2020 will be like something weve seen in the past

Could you please mention the "search engine"? Would like to see my self.
Who owns the TronWeekly website by the way? Tron or just a fan?
Well, you need to be sure the article is even true. I have seen similar articles about China that end up not true.

It this is true, it is probably about fintech "Blockchain" projects.

I really hope you are right... chinese people are so many that if they officially enter crypto, this will definitely change the game...
it will mark the beginning of the most powerfull altseason we have ever seen...
I am ready as I have nothing more to put in alts... bags are full to max possible

https://www.baidu.com/ Is the biggest search engine in China

Not sure who owns Tron Weekly

I surely hope so, after they announced that China's adoption on blockchain, we've seen a great price ups not only bitcoin, but also altcoins. Just like the old days, china took a great impact in cryptocurrency. Even with only a simple news, be it bad nor good news. We'll see that later, what will become of our community after china's decision about cryptocurrency.

Yes this is indeed good news for the crypto world. With this news bitcoin rose by 20% - 40%. I believe blockchain is the future and China too seems to think so. With blockchain everything can be transparent. In my opinion altcoin season will occur if bitcoin continues to climb up to next year. Because the king must always be in front before his men.

As big as china is with alipay and wepay spreading around the cities if crypto manages to be the most favoured it will help the next bitcoin halving alot in 2020, i hope it happens for real china has big populations and it will make crypto surge certainly

Chinese are tech Savy! This could be what we all need!

Did you see the NEO price response? It shows they could likely invest in project that are related to the Chinese or Asia. Some altcoin can start waking up, especially those within the plan of Asia at crowdfund. Project that are listed on those platforms related to china especially NEO etc can also enjoy this but more will be seen by next year when they are granted more freedom in the space

We hope that the chinese government will actually pick one or more altcoins and build something on them or adopt them in one of their future projects. But that is unlikely. The government itself is capable of developing its own blockchain project which issues an alternate cryptocurrency. Why would a very powerful and rich country adopt an altcoin that is not of their own making? Our hope is that the whole country will welcome existing crypto projects for possible partnerships.

There is already a resemblance in BTC pump today that affect altcoins too, if the BTC pump is says to be due to China announcement,then it influence too the altcoin performances now. The fact that China acknowledge blockchain it also give effects in some altcoins, depending if that alt is useful like BTC is.  Only few alts in top 100 that are not performing well.

Yes indeed. But in fact there are many people who still want everything to be closed. Maybe those who commit corruption will not approve it. It would be cleaner if the government uses a blockchain system so that incoming and outgoing funds can be tracked properly. If this really happens, surely bitcoin will go up in price. And this must be a fundamental factor.

I really hope so, because after the positive news from China towards the cryptocurrency, bitcoin was growing in price very quickly and altcoins grew a little bit, so we hope that the altcoin season will begin soon and investors from China will begin to invest in cryptocurrency even more than before, because China is a huge investors market.

But don't you all think this news is suspicious as I am honestly bit afraid if this is an attempt by China to hijack the crypto market as well because they were opposing it for so long and now this news comes out as a positive hope for crypto but not sure about their long term plans and thus it's too early to comment as we have no idea what's going behind the scene.

China likes experimenting with new technology just as same as other asian countries but yes i belief that if people in china start using crypto or start investing on crypto there will be a huge bullrun, example is what happened two days ago when bitcoin recovers 35percent about the china good news

altcoin china is now rife since their predecessors like tron ​​were very successful until now, therefore China now wants to make altcoin like that and the people there are racing to create altcoin with the most advanced blockchain technology in order to give birth to very high altcoin.

I believed that China has been in the alt market already. And even we are in the bear market, they still prefer alt coins because it's pretty much the back bone of most Chinese whales. So there is a chance that Chinese will start to pour money again once we are in a bull run.

But to say that they are going to start it, I doubt it, they will still wait for any news like ETH 2.0 and see how it goes before they start to invest more in alt market, in my opinion.

As time goes by, it will be possible to give ideas with developments. As far as we can see, it was only able to influence the BTC, while the altcoins are still waiting. When we examine the prices of the altcoins against BTC, it seems that there have been no increases other than a few. We have all been waiting for the altcoin season for a long time, hopefully it will be what you think.

Just look at the market now, honestly I still did not get the reason why all Chinese altcoins have increased by 20 or even 120 percent within a night. Anyway it seems strange for me, because few months ago China was strictly against cryptos.

I think they will invest in the list of crypto’s listed above because they are more or less govt endorsed!

The matter right now is that we are not sure if how the Chinese government will use this system to take advantage. Same with what you have said, they are opposing it to the point that they've banned the  mining industry, and now they're bringing good news with blockchain adoptions.

Not directly speaking about crypto or Bitcoin, but the system itself that was being used where they've gathered positive movements after the president made the statement.

It looks like that. China is having a very important role in crypto. When the gevernment is going to support with rules and regulations, this is good move and best for the crypto market overall.

This Chinese altcoin fomo doesn't make any sense to me, but that's market forces for you. Markets are just fomoing for the keywords, not the rethinking the content of the words Xi used. Imho it doesn't last, the real altcoin season is not here yet. This is just a China-themed blind fomo that's happening now and that's not only happening in crypto btw.

It's hard to say for now, but things may go that way anyway.
If China continues to grow and make an improvement for cryptocurrency, this will lead to good things for the whole crypto world.
This will start for a possible new chapter of development.

If that happens will that was a very good news! Altcoins needs boost since it was hardly affected of the price dump in the previous months, If the chinese investors will help and choose altcoins rather than Bitcoin alone its should be watch since its a huge pump if ever happen. but its just an speculation i'm not sure about it! lets wait and see.

The whole market is highly affected, and due to this, it may actually help to reverse the current situation we have. Not only in altcoins, but this may include even bitcoin to have a long green again in the chart. Speculations have chances to happen, we just need to believe it will.

Chinese won't stop to amused me. How can they rank our number one crypto ''bitcoin'' at 11th position while EOS (1st), Ethereum (2nd) and Tron (3rd) base on their best 37 top credible cryptocurrency. It's really funny for them to rank bitcoin low

This is not really clear, the statement attributed to the Chinese President Mr. Xi Jinping, refers more to blockchain technology and does not directly refers to any existed coin or token though, the effect of chinese fully back to blockchain shall be positively felt by all existing coin.

I agree with you 100 percent

Some Chinese companies might become whales in the companies listed: I understand what you are saying and there is truth in what you say but it's a wait and see at the moment. A Chinese bank just bought a major crypto wallet.

We can't stop how China make bitcoin and altcoin price become higher just one moment, where bitcoin can growing up with short time and China will make altcoin on higher price too, when China announce for adopting altcoin as legal payment I think price altcoin will grow up, but China will selective for which one altcoin have to make fly to higher price.

I will not be in a hurry to take altcoin which has to do with any news ,simple conclusion will only wait and always see market conditions if its possible to buy then I will do it and will not be related to any news sometimes I'm afraid just a trap

In fact i’m waiting for the start of NEO and TRON season, not Cardano or altcoins season, because people are referring TRON and NEO as the Ethereum of China, and both of them are a global project with global development. the rise of the last two days tells you everything about Neo and TRON, just look at the chart. I am of the cap that believe that several Altcoins (EOS, Neo, Ethereum, BCH, BSv and Ripple) will survive. so i am not selling any of mine. many projects are really doing a lot and trying to survive the bear market. i am just trying to ensure that i continue to let the whole space know that NEO (and maybe TRON) are one of those projects so that we can continue to be encouraged.

This is a great news as it can really help the crypto society to grow more and the investors will be widen especially that China has the most number of millionaires right now in the latest news as they overtaken the US.

And I like their list as they put Ethereum as their number 2 but still I am not that confident with their first choice but I love to see also whether their choices will affect the grow of EOS investors as they put it number 1 in their list.

You're wrong, halving isn't everything. You can see some time ago when Jinping said the importance of blockhain technology. and look at the market reaction at that time, bitcoin rose high in just a short time. just imagine if China started actively developing crypto(blochain technology) projects, I'm sure the altcoin season will start from china.

ETH is still the best choice :) Whatever it is, with this list, most people will also be affected. Moreover, China is very open to cryptocurrency, the effect is quite large. The Chinese government is also very concerned about the news circulating related to cryptocurrency, this is evidence that they also focus on providing education to citizens about this new technology. See? the Chinese government is serious about this, so the list given as a suggestion cannot be underestimated. With news and rumours, we use to take profit, hopefully, this is the beginning of the bull run.

A country where cryptos are out rightly banned, will bring an altcoin season? I highly doubt that.
Just one statement by the president about blockchain means nothing at all. Crypto space has gone unaffected (both positive and negative) through many such news.
The thing to notice is that Chinese are involved heavily in OTC crypto trades which goes undocumented. That doesn't really affect the market price as such. So increase in searches doesn't mean that altcoin season is upcoming. 

I think so far the state of China has only banned bitcoin mining, and have not prohibited the application of blockchain technology, some time ago of course we have heard news that the Chinese will make their digital currencies and of course the news shows if China is indeed developing crypto and Blockchain in their financial technology in the sense that they do not completely prohibit the development of crypto in their countries.

At least it's better to provide any evidence about that. As far as i know, if XI is only stating about blockchain and crypto is not getting mentioned on his statement.
Just because a chine bank bought a major crypto wallet doesn't mean china will be the next crypto house.
And can i ask you about what company? It looks like some of your words are not in topic.
I feel curious what do you mean about whales in the companies listed? that sounds weird for me

Maybe China want to make they own coin and block other's so they can get big profits or protect they economy from  Foreign Coin.

I don't think china's crypto endorsement will make the altcoins season begin! Only a project with higher trading volume and working product will remain strong and will grow, not every alts! I think China people entering in the crypto for buying Bitcoin, NEO, Ethereum, EOS and so on good coins, it will make the reputed altcoin price grows, not the altcoin season!  

Apparently China has been seemingly postive about blockchain technology. This has definitely had positive impacts in the cryptocurrency market; from the president's vocal support of blockchain technology to the blockchain technology friendly law. It is very likely that China could as well set the ball running for the altcoin price rally.

You forget the two things that often happen in the crypto space "fud & fomo". Even though you think only a few altcoins that will rise high, but the fact is the price increasing can also happen to all altcoins including shitcoin although. Why is that? because in crypto space there is too much fud & fomo which basically can influences the psychology of traders. Just look at the history in 2017!

This is great news. I think China will be a huge push for cryptocurrencies. I would really like to see the new altcoin season. I hope China can do this.

china is an ever growing economy and there was a time that i was scared that they will try to ban the whole cryptoscene but as i heard the last day their voice is very important and they give crypto a good boost

for this moment i don't think Altcoin can make any big movement because now the time for bitcoin growing up and altfoin are following later.
maybe china regulation make big effort in cryptocurrency movement

As far I understand, there is no solid proof that Chinese people will be allowed to invest in ICOs or cryptos in general.
The high official said that blockchain has potential and should be developed, this does not mean that the they will allow to invest in projects from abroad. There is slight indicator that some are taking these news as you said, the indicator is that NEO had  good rally.

I so much respect the Chinese when it comes to investment. You would have known he influential they are, by the time to notice their presence on a project. A project that seems not to be well known, starts gaining recognition.

Have you read about or heard of the Chinese new year festival? During time time of the year that thus festival is being celebrated, there is usually an adverse effect on cryptocurrency,  because the Chinese will be on a break by then. This is a proof that the Chinese invest in crypto.

No way, I think China has done its best in boosting cryptocurrencies(Esp China based coins like neo, TRX, ontology, and so on) the last few days after President Xi Jinpings announcement. Next move is expected from USA. Maybe that will trigger the bullrun.

This will kick start the new alts season. Neo a Chinese cryptocurrency has done almost 100% in the last 48hrs coupled with other tokens which has seen some price growth since Chinese cryptocurrency news broke out. The trend is reversed hopefully

China is a big market for Cryptocurrency, during the early days of bitcoin into usage it is the one that contributed big. Further things changed, and in the meantime China got into controversy of banning cryptocurrency usage. This caused small crash in the market, but that was temporary as people continued to use. Also the majority of the mining process taking place in China made it a big contributor for bitcoin. Now once again showing green flag for Cryptocurrency through blockchain adoption gives hope for an altcoin season.

For now I don't consider that as great price, maybe we've seen it as an amazing walkthrough of the past recovery. The impact is somewhat surprising for everybody and yet altcoins was still dependent on bitcoin's price growth. We can't say it's the final words to say, what's important now is that China now is setting good examples not just to their people, but also for other countries whose still plans to adopt cryptocurrency.

The Chinese influence on crypto is clear due to the current market price movement. I noticed some Chinese projects like NEO really soared well recently, well let's not get so excited anyway, the market is unpredictable.

This is the normal scenario where bitcoin pumps first and then after that altcoins will follow. Some altcoins are already bouncing back from a big fall, they move slowly but surely and when the bull hits bitcoin they will start to show their true potential. China can make cryptocurrency great not just bitcoin but the whole crypto market.

Yes from the news that I heard, the Chinese government has made clear rules about cryptocurrency. Of course this is one of the good news for the crypto community, because this will make crypto prices go up.

some time ago I read china trying to delete all articles related to their statements that said that crypto scam. maybe this has a hook to it. plus yesterday the president of china said that blockchain technology was important for future technological developments. if all these things are connected, I see China trying to start something big in cryptocurrency. maybe the alt season will start there.

Just expect more good news to come in line with China's developing plans for cryptocurrency. Gladly this happened with a purpose, and I seen chinese people were now more eager to own some of the promising altcoins which was not moving after the last bullrun of 2017. This time is their huge opportunity, to be part of cryptocurrency's remarkable journey towards strong and reliable community.

Basically the main influence of China that I can see to the growth of altcoin and cryptocurrency as a whole is their population. As long as many people starts to use crypto, the more they will become hooked to create one. In this case, China might create an altcoin for them to use, but creation of excessive altcoin will not be healthy for the market. Most of the times, it is better to focus on the already existing altcoins in the market. In this case, the market price of each altcoin could be focused. The only disadvantage of this is the lack in competition. If china will create much altcoin, there will also be more competition, as a result, much better blockchain and cryptocurrency could be created to suit the needs of the world.

There is a huge possibility that the China and the Chinese citizen can start an altcoin season as we see the impact of it to bitcoin, that is already a good example on what would be ever happen if the China proposed an altcoin and support an altcoins. It would probably been a huge impact to altcoins as well and they may probably become the top 1 investors of the altcoins and there is a chance that altcoins will start to pump up and it's season may begun.

For me it is not the Chinese makes Bitcoin to sudden heading fast towards the psychological $10,000 mark but it is might be the Big whales trap and they just make it coincidence so that the people will not confused so i suggest that we should not easily to fall on this trap or we willl might ending regretting again. If China will going to pump some coins then it will be most likely NEO and not the whole Altcoins and Crypto market because NEO is China's based coin therefore it is right that patriotism will come first before others.

NEO went up by almost 100% in the immediate aftermath of the announcement by Xi Jinping. But TRX showed a much more moderate rise, with the exchange rates increasing by around 25%. Smaller coins such as Ontology also went up by quite a bit, but now they are once again declining. It is surprising because Xi never said anything positive about the cryptocurrencies. He was very much convinced with the Blockchain technology, but we don't know whether it is going to translate in to a more friendly stance towards the cryptocurrencies or not. For now, the traders are assuming that it will be the case. I predict a negative reaction from the market if their expectations are not kept.

Regulations from the Chinese government have indeed made the Bearish market situation into a Bullish situation so make some Altcoin experience an increase. But I don't think with regulations they can fully become the Altcoin season. Altcoin season has not happened in my opinion.

I don't think that it is because of the chinese government who issued regulations. Bearish market is made because of the lose of the interest of the people because of the market performance. As you can see, we are now into uptrend movement again as the price of bitcoin move backs up to more than 9,000 USD. Altcoin season is not there yet but it is a good opportunity for us to continuously accumulate more good altcoins so we can have a lot of profit later.

Well, Have you heard china is going to tokenize their national currency? It might happen, china could trigger the altcoin season if the launch is successful I think it will launch soon.
Back to the topic, China has great influence and pretty obvious that they have large markets and not just china other neighboring Asian countries will be influenced too by these rankings that they released.

yes you're right China has influence in the world. if they starts tokenize their currency it will be a large scale adoption. that coin will probably be the biggest marketcap coin and compete with bitcoin. with the largest population in the world, I think it's normal if they will create big changes for crypto market

I also think that if you look at the index above Chinese citizens have started to enter several large companies in crypto and maybe this can have a fairly good impact on the development of current crypto prices and if this continues the price will take off.

I think the answer is: No.

Because of the government. Take a look before start thinking, they blocked Google, they may shut down any US company. How to create Altcoin in one country which will protect their own money.

I guess, we may take Chinese users, but not Altcoin from China.

I think Yes, with a market that large it's hard not to imagine it moving markets.  It certainly will be interesting to watch.

Glad to see you are making another thread again James, but did you aware of the latest statement coming from china is all about blockchain?

It's still a big question whether this will be affecting crypto or not. As you can see china has been doing so many shutdowns to so many icos. 

I can't say a lot about that until china will at least say the word about cryptocurrency.

We cant deny the impact of China upon crypto. This global economy giant is moving crypto into new height. Cannan, Bitmain already have filed IPO with U.S securities and exchange commission and if they do successfully they will be publicly able to trade in US. Cannan creative will try NASDAQ for listing

Its about time the US will approve crypto related IPO and probably ETF so that we will know exact what will really happen if its approved.

China I think is not into starting altcoin season, they were just into blockchain technology adoption and their government-backed coin but some good projects actually are developed by Chinese like the NEO and TRX and I don't see why the Chinese won't support these projects. 

If you missed the news the Chinese president was not supporting the crypto currency space so that the altcoin market and bitcoin will increase instead he was talking about the blockchain technology which they might be planning to implement in the future, so the recent market rally has nothing to do with the Chinese news and you need to look at somewhere else to understand the real reason for the rally.

People mock them because they don't rank bitcoin as the highest but lets take a look at what they are looking for in a coin. Basic-tech as in the level of technology and providing what to people, as in blockchain basically which means people who mock them think bitcoin has the best blockchain, do you think bitcoin has the best blockchain? I still think bitcoin is not even close to top when it comes to technology.

Applicability, do you really think bitcoin is easiest and best coin that could be applied to and used for purchases and sales? Hell even a regular payment takes over half an hour at best, how do you plan to pay for something with bitcoin? Creativity, do you really think bitcoin is the most creative one out there? It used to be, but is it still?

So, as you see bitcoin could be the oldest coin and the most used one and biggest marketcap etc but these rankings do not take that into consideration. It is looking for the best coin not the most expensive one.

Actually in my opinion they will adopt blockchain technology, I wonder if they will approve altcoin. From my mind they will make their own cryptocurrency without any crypto coming from outside. According to the indications in your link article, there is no official confirmation.

Everyone is constantly looking for a catalyst that supposedly forces the market to show the alternative coin season again. I do not think that everything is so simple.

China said that it will release its digital asset and immediately there are a lot of enthusiastic exclamators who shout that China is now the main cryptocurrency and it is thanks to China that we will see a new bull race.
In my opinion, it’s ridiculous to cling to such unreliable and unpredictable factors. One gets the feeling that many people on this forum, even those who have high ranks, are just recently.

These are political games that will cause many more to lose money.

It seems that the application of Blockchain technology will make the Chinese economy better because with the Blockchain system it will certainly make financial transactions faster and easier, Blockchain is a distributed ledger technology that records transactions between two parties transparently and efficiently. If later China will officially launch a digital currency of course this will make China free from dependence and policy interest on world standard currencies such as the dollar.

I assume that they will release their own cryptocurrency by adopting blockchain technology. China is famous for monopolizing the market but their support in blockchain itself have a good impact in the current prices of bitcoin and many altcoins. If they have their own coin in the market, I assume that they will implement it nationwide to maximize the use of blockchain technology or will try their best to gather more investors outside the country. If it is the latter, then they will soon have the power to manipulate the crypto market to their advantage if they are big enough to do so. It will be important to expect it and plan your investment and trade strategy well.

It is anticipated by many that China will soon make a move in blockchain technology and it has positive impact to many cryptocurrency as of now but it can change in the near future. Surely, China's support to blockchain technology has made a big news and causing the prices of many to rise. But it will be also expected that they will create their own and compete in the market. Some coins will surely lose on China's coin. Though it will be good addition in the current variety and diversity of the crypto market.

China will create their own centralized version. Just because China said something good about blockchain doesn't meant it is supporting decentralized currencies. Whatever China's statement was, that was it, nothing more and that was not intended to manipulate and pump bitcoin and altcoins.

That's how I think it'll play out, they release their own coin, and that's kind of it. Not that they will back any altcoins or btc.

However, that doesn't mean they still won't move the markets. Just the fact that they stated something positive about blockchains already moved them ... so speculators may read something else into this.

I also wonder if govts notice how easy it is to move markets. If random statements can do it, they must know they could make a bundle if they actually tried to move them on purpose ... such as China allowing Asian alts and so on. And of course said govt. gobbles up a ton of cheap coins before such a statement.  But the liquidity is so low on most alts it's probably not worth the bother for them.

Definitely looks like it, Chinese project did very well in the last pump and that pump was triggered when the Chinese President made an announcement about how Blockchain technology was the future, so it's possible that the Chinese has triggered the altszn, let's wait and see how it goes.

Hope so too! My alt favourites XRP, XLM, TRX, ADA, NWC

Of course, China is one of the key markets that could easily start the new altcoins season. But I think the altcoin season will follow immediately after the current bitcoin halving. So, now wait for the altcoin season, let's hop on bitcoin train and enjoy all the goodie before jumping to altcoins as well

China is a good hope in the future, China is the biggest market power and can certainly make crypto great, I hope that online shopping growth can be utilized to shift to altcoins.

I believe they are already starting in ecommerce. I have seen several projects that are into this kind of business venture. And since, there is a go signal from their President's himself, I think there will be more who will follow on this and their ecommerce industry will be integrated by crypto. We always see product 'Made in China', right? This is a good boost in crypto.

China is starting to believe more in this market and recently a lot of good news related to this market has caused many Chinese coins to rise. In my opinion, if the trend can be maintained until the end of this year, coins such as TRX, NEO, ONT will be the first choices for all investors. I believe this country will have a lot of big changes and can legalize this market someday.

Of course, all stop at the prediction because if you want to legalize this market, it will greatly affect the economy of this country and will make people no longer feel safe when participating in the market.

Although hurry may not be why because they are supported under the Chinese government. where they adopted the blockchain in its government.
As Chines Central Bank launched crypto called "DCEP ". They are under the auspices of the Government because it is their central bank and adopts the blockchain for them.
It does not hurt if they rush how good this news is good for people to know more about the development of today's cryptocurrency.

They've done it, season after season of altcoins now almost dominating.
China is a country that has ambitions to dominate the world economy, all aspects they work on with the maximum, goods needed, technology, education and many other things.
Regarding Altcoin, I think they have started seriously and there have been many crypto projects that they have already produced. At the end of 2019 and early 2020 seemed to be the starting point of the rise of China to dominate and initiate the Chinese invasion in the field of cryptocurrency.

It is not really like all the crypto currencies have got banned by China. It is more or less like that Chinese government is afraid of losing its power and want to introduce its very own crypto currency. In the digital market whoever controls bitcoin, controls the whole market. China desired that but now has got that this is impossible. Countries that are advanced support technology innovations certainly.

i also look forward to it with great enthusiasm, i think the crypto will rise again. crypto has not had such good news for a long time. i hope this will be good news for the crypto market and i also hope that China will become the biggest power for crypto to come back alive.

i think the future of crypto will be even better.

Indirectly now, we are talking of china beginning to support cryptocurrency with full force now and it is a good thing that they have ranked the coin, this will enable their citizens to make the right decision as regards any investment they are doing in cryptocurrency.

The list of coin that they have here on the site is still not very far from the top list coins that are already known, so I am sure they are not being biased about their judgment, the only ranking that I don't so much agree with is bitcoin. I don’t know the criteria that they see in making that list but when it comes to volume, functionality and community strength, I think that Bitcoin is still stronger than all of them and should really be ranked first in place of the EOS that they have right there.

What about NEO seems Chinese like NEO as an investment because it went double after the speech of Xi Jinping, go invest NEO. Let's hope that the altcoin season will start because of Chinese investors, it would be great.

In terms of buying an altcoin or coin in the market that includes Cardano i don't think that will be the start of alt season . If you know the news that China's Central Bank will going to launch their own Digital currency i would think that it is a big impact to the whole cryptocurrency than for them to buy any altcoins in the market right now.

right, China has great strength in cryptocurrency, with many giant investors there. but indeed in all things China seemed to want to monopolize by making its own digital currency. and I think if you continue to use a decentralized system, it can still affect the development of crypto