Bitcoin Forum

Just to name a few:

Google

Youtube

Facebook

Wikipedia

Reddit

Netflix

Instagram

Whatsapp

Skype

Quora

Winnie the Pooh

Alice in Wonderland

Even though these things are banned in China, they are thriving in the rest of the world.

If China wants to crackdown Bitcoin mining activities, miners will go elsewhere. This is actually a good thing for cryptocurrencies, as it shouldn’t be under a decentralised, power-obsessed regime. China can play with its digital yuan.

Yes the "exodus" of the chinese miners is probably a good thing for BTC but I am quite certain that China never planed to destroy BTC with this move. They "just" want to controll their people even more with a cryptocurrency which has a fixed price which is regulated and monitored by their government.
This is just an asumption but it is quite likely that the chinese government (at least the people in the government themselves) have a big amount of BTC for themself (the chinese government usually gets a big part of every company in their country -> look into Alibaba for an example)
China will probably just use these coins to earn money from the rest of the world without being really involved in it.

Well that explains why the Chinese are still sane while the rest of the planet has gone mad.

We all know that China is one of the biggest top countries that got very lot of miners and they are very important too in Bitcoin network as a lot of miners are from China, an example is the FUD recently about banning Bitcoin transactions, minings there, it is one of the proof that China is a big player in Bitcoin now.
For me, this is not totally negative for Bitcoin, this will be also great to neighboring countries of China that will start Bitcoin mining too, Bitcoin  mining will start to spread outside China and possible that Bitcoin mining will grow and spread on different countries or places.

It is not that simple. Chinese manufacturers account for 95% or more of the mining equipment supply. China will have a monopoly in the mining sector as long as this situation continues. Importing mining equipment from China to some other country is hugely expensive. And this is the reason why the mining farms in other countries are just in break-even financial situation, while those in China are very profitable. I have mentioned about this several times in the past. It is one of those issues which doesn't have an immediate resolution.

China government to many things to protect their regime, not their people or the world, see FUD from China as simple as that, you will see your journey with Bitcoin and China FUD more easily.

If you look at lowest price of Bitcoin, on yearly basis, you will see Bitcoin is always moving up, almost all years (one year, 2015, has negative change compares to 2014). Stay positive as FUD will disappear after all.

Please notice the lowest price in 2020, we are many times higher than that min price, still in yearly uptrend.  :D

There is no reason for anyone other than China to ban those that you've mentioned. Think about it, why would any other country want to ban Google? Not everyone has a motive like China to ban western products.

Conversely, US banned Huawei and influenced loads of its allies to choose alternative solutions for their 5G networks. Last I checked, Huawei isn't doing so well. Admittedly, not an apples to apples comparison but that is what strict regulations on Bitcoin can do.

Bitcoin mining is often seen to be damaging to the environment and having them in certain regions can be damaging to the local climate and/or exacerbate any energy shortage. Tons of reasons to try to ban anything that helps Bitcoin, most governments aren't exactly a fan of Bitcoin. What China did was to set a dangerous precedent; mining is huge in China and they're happy to let go of that share. Sure, it'll thrive, that is how it is designed but the adoption will still be crippled to a certain extent.

If you read history you discover China has always been a conservative country and has always been very strict on goods and services that do not originate from China. So china's clampdown on bitcoin activities is not a new thing but I know miners and the rest of the bitcoin users in China will move to other friendly nations.

If you mean by sane being chained and always under surveillance by the government and no degree of freedom whatsoever then call me mad because no person is going to live in that situation without being brainwashed by propaganda. Also, some of their bans are just overreactions and they don't want to look like a clown on world stage so they do this.

That's what I have been saying since China banned bitcoin mining. It's a net positive! China's dominance over bitcoin mining must end for the greater good of the bitcoin mining community. Whatever impact you are seeing, is temporary and not going to hurt us for a long time. But at least it will be free from an authoritarian regime which goes a long way cleaning up ticks from the network. China has their own version of almost everything and they should be happy with centralized digital yuan.

I believe their mindset is at "if they can do it, we can too," so instead of utilizing another service like Google or any other social media platform out there, they would create their own and focus on that if they are not that open towards having that type of collaboration with neighboring countries or even those helpful to them in economics.

They are a force to be reckoned with. That's why I believe they can do those things without anybody's help.

that's the performance of the chinese government, if they can't control what they want, the chinese government will definitely do anything to ban it, but if it can be controlled by the government they will definitely be very supportive, i think their people are definitely not stupid and will keep mining bitcoin, and will continue to invest in bitcoin..because the more banned the more challenging..

It's very rare to find something in China that the government can't control, bitcoin looked unstoppable but look what happened, they did a big crackdown on mining and transactions. Also, I find that the reason that they are oversensitive with banning is because they are still spreading propaganda on their population.

as we have seen today, the impact is already happening. but we see now prices have started to recover and china is finally no longer our reason to stop complaining. since FUD has been haunting Bitcoin and altcoin prices, many have felt that this is the end of Bitcoin. though it's only temporary. with that I agree with you other countries have been given fresh space and can adopt Bitcoin mining. We need to forget about China and let it be with all its selfishness. what we need to do is support all the countries that really want to adopt Bitcoin.

Everything is made in china so it's not surprising even your phone probably? Lol  just joking bro..
  Actually when it comes to China this isn't new, and this alway happened . And as the of fact every year there's always a bad news from them especially with crypto currency.. So this isn't surprising anymore and accept the fact that everything that made in china didn't long last. so just chill..  ;)

if you look at it from here, actually in a rough view I think they don't want to be controlled by non-externalists in the sense that they prefer to promote the economy and their own brand compared to brands from outside. and here too in the case of bitcoin I think it's almost the same because they don't want their digital currency competition to be rivaled by bitcoin, because their thinking is actually one step ahead so I'm very confused about the steps that China is taking at this time.
but apart from that they are actually quite brave in doing this kind of action where other countries are ready to adopt bitcoin but they clearly forbid it

We all know that if china wanted to ban mining bitcoin it would have done it a long time before, the news it self of china cracking down on bitcoin has more impact on the price than shutting down miners themselves, and that just proves how much power they have over it and how much bitcoin is not decentralized, so if china actually takes some serious actions against its miners and shuts them down which it can't at least not entirely, than the mining power will shit elsewhere in the world and will help bitcoin be more decentralized.

I also wanted to say exactly this. It is necessary to solve this problem once and for all. Miners must leave China or simply stop mining cryptocurrency there. Then there will be no constant feeding of this bad news. There are a lot of good, even the best, places on our planet for mining bitcoins and crypto-friendly governments. Otherwise, it all came together right on this China. Half-time measures lead to a constant source of negativity from China. Finally, remove the miners from your territory. We can do without China.

Freedom is an alien world in China. The same is true for human rights. The Chinese Communist Party(CCP) owns the country and everything there is on it including human lives. But it is a totally different world outside the totalitarian state. So if Bitcoin mining and all related activities are banned in the country, I guess it is not hard to move to another country. In fact, even if China is going to ban everything about Bitcoin, it simply does not mean that Bitcoin is dead. China is a unique case. We shouldn't be afraid that what happens there will happen worldwide.

I think that is because the Chinese government does not want their people to know many things that happen out there. After all, that can make their people will doing something.
The government wants to make sure their people are under control on their hands while doing many things to limit their access, knowing the world out there.
They are very strict to control everything that happens in their country and if their people do not follow what they want, they will disappear in just a second and can do that easily.
The government wants to conquer the world, and they are trying to distribute their product to all countries and tells that their product is the best among the other product.
Maybe many other reasons that we do not know behind that.

For now, China is a very influential country, and is greatly feared, because of their economic strength, it is extraordinary, so that western countries, Latin America, Central America, even Europe are still afraid of the Chinese economy, even Chinese products such as cellphones, mostly from china, they started to ban bitcoin mining, because they can't control bitcoin under their control..

I do get the point of China trying to ban bitcoins because they have been trying to dominate the whole market since eternity therefore when it comes to bitcoins, they cannot control bitcoins therefore they are now trying to ban it. At the same time china is trying to launch their own currency therefore bitcoins might be more of a competitor therefore they have decided to take this step. But they tried doing it in the past also, but it did not work. I feel like every other country is now accepting Bitcoins therefore at the end they would have to do not just because of the applications, but also demand and usage.

That is communist mentality. They protect their citizens from foreigner influence maximum as possible, so chinese citizens don't get inspired in a point to become a threat to their national government. That keeps the country peaceful and calm, without any internal conflicts like the ones we see in the rest of the world. Countries under constant internal conflicts are result of rival nations' influences which want to destabilize others to thrive. That is how international diplomacy works since many centuries or maybe millenia ago. Chinese government is just using the most efficient strategy they can to avoid this issue, although their citizens have to pay a high price for that.

we have to be honest, the people of china suffer a lot, their rights are impeded, the people of china are not free. how can a government ban Instagram, facebook and watsapp even if they are somehow companies of a certain person who has acted in bad faith in favor of certain politicians or in their interest, but still people are free to choose what they want to use, but the china government uses the force to force people not to use things they like something very bad. I am very happy to know that bitcoin is finally no longer dependent on china

I think they just being careful about what they want to feed to their citizen's minds because even though it's just a mere movie, it will affect those average people's mindsets. But went overboard about it since they just making it obvious, if things aren't going their way, they won't hesitate to remove it and not just remove it, they completely erase it from their country. Poor miners, I wonder where they migrate after they've been cast out from China. If only El Salvador has enough electricity and security to supply for those banned miners, would have moved to that place.

Chinese thinking is not very open. They will not accept what they do not understand.

Bitcoin does not require any country or company to reach where it is today, nor does it require any entity to advance from here.
 
It's more like some small countries and companies need Bitcoin, provided that they understand it as soon as possible

Then why not totally banning Bitcoin ? don't think what is the reason behind it? yeah they are banning mining yet they are not cracking down the use and circulation of bitcoin in their region because the truth is ? their Yuan still needs bitcoin for development and acceptance.
it is not just that , they only want to prove the world how dominant they are and how they can ruin the world if they wanted.

What's interesting is that these things are banned by China, but Chinese encryption enthusiasts are very active. It's just that the Chinese government doesn't want to apply the things that it can't control widely in their country, so it chooses to ban it in China, but Chinese citizens may not think so.

Have you noticed that after China cracked down on Bitcoin mining, China’s A-share market began to lively, and a lot of Chinese funds have entered the Bitcoin market, but A-shares are still the leader of the altar, so whoever refuses to accept it?

Yeah, there is really something interesting about them. They banned all social media like Facebook, Twitter, Instagram etc. and developed their own version. People started to use those versions rather than the global ones. They are living in their own world as they have disconnected from our world.  ;D

I really wonder why they are doing this. Don't they trust the global versions really?

They actually like to ban some other things also. For example, they have banned cryptocurrency mining now. Miners have to shift their work to other countries if they want to continue to do their work. It's like they are allergic to things that come from other countries.

Yeah no shit, they're banned in China, that's in the title already so thank you Captain Obvious. I don't believe your claim though, that crypto enthusiast in China are active, do you have any data to support that claim? Also, their citizens are alright with this, they are a lost cause because they've been drowned in propaganda already.

Google, Facebook, Instagram... most of them are companies from the USA or from USA allies. Perhaps the political antagonism between China and the West has caused these bans. China is an authoritarian country they want to control everything. Bitcoin's decentralization is perhaps their most feared enemy because of its inability to control and destroy bitcoin. Their ban on bitcoin cannot affect the development of bitcoin, but certainly won't let bitcoin destroy their centralized control that has been established for hundreds of years.

China is considered a very progressive country because even in bitcoin mining alone, their profits is definitely huge compared to other countries who also do mining. But since bitcoin is fully decentralized, their being authoritative is not recognized so they resorted into bitcoin banning.

At first, the decision of China created a negative impact into the crypto market but later on, bitcoin started  to recover again. And if this bitcoin mining is not allowed in China, then maybe those nearby countries will benefit from it. China is just only good for promotion but the moment they realize the progress is not controllable anymore, banning makes easy for them.

i think what you are saying is true if china gives up on BTC mining and then china storage supply decreases then china market manipulation will decrease and of course we will grow easily more without depending on Chinese whales, which would be great for all of us.

many great things are banned from censorship, or restricted in China, if China wants to, I think that the nature of the government like that is very unreasonable, because their people need freedom, in finding their own income, if bitcoin is restricted there maybe the Miners will move to other countries to do mining, but unfortunately their own people always live under the pressure of their government, because whatever they want to do is always limited.

China is a strict communist country so all the rules set by the government are absolute.  If the Chinese government wants then they can regulate the lives of their citizens in as much detail as possible.  banning Bitcoin mining is stupid IMO, i'm thankful i'm not from that country.

Maybe, they thought they can significantly impact the world of crypto if they totally ban it.
But they are wrong, crypto market is continuously growing without them and it is showing in the market.
In the very near future, they may change their stance towards crypto because they will be left behind.

By they way, I really don't know that Winnie the Pooh and Alice in Wonderland are banned in China.
So I made a quick search why those 2 popular characters are banned -

https://www.theguardian.com/world/2018/aug/07/china-bans-winnie-the-pooh-film-to-stop-comparisons-to-president-xi
https://www.wionews.com/photos/fire-fury-when-china-banned-alice-in-wonderland-india-stopped-naipauls-book-643#trumps-rage-109582

The elites of the CCP in China are afraid of their own people, that they might rise up and overthrow them. The best way to prevent that from happening (in their minds at least) is to control the flow of information. However history has shown that people do not like being dominated. The CCP used the abundant cheap labor of their people to become the worlds factory, which is more a credit to the population than the leadership. It has actually had massive growth over a few decades but the CCP consider the natural economic cycle of boom and bust to be unacceptable - however it is an inevitable reality that bust will come eventually and that is what the politicians there fear the most. Good leaders should not fear a few years of economic pain because it is a natural correction needed to treat excess.

Even though the Chinese government banned the OP's listing, it did not prevent citizens from using it. Bitcoin has no effect. Except for a short-term callback after the news came out, my Chinese friend said that there is no effect, and Bitcoin can still be traded freely.

For Bitcoin, suppression by any country is futile.