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Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

As a short-term investment, you can bet on it, but do not continue with it as a long-term investment.
It depends on your risk management policy, but I personally will not invest more than 2% of the money allocated to investing in cryptocurrencies in such a scenario.
My investment will be for a period of 3 months with a return of 20%. Once achieved, I will transfer all + capital to Bitcoin.
Among the currencies mentioned, I will choose:

 - ~ 30% in Neo (NEO)
 - ~ 30% in VeChain (VET)
 - ~ 40% in Filecoin (FIL)

** This is not investment advice.

I don't have any news on those coins, even with their updates, they have been very quiet since the pandemic times have passed until the covid has been lifted. Or maybe I'm the only one who hasn't been updated, maybe vetchain and Neo can somehow pump there, because during the bull run they somehow pumped their values in the market as far as I know during those times, I just don't know if it happens again. Why are there any holds on these coins you mentioned?

NEO has underperformed and and not meet up with the hype of being the Chinese Ethereum and a lot of new and better developed coins are now available so I would be very careful when trading NEO. I'll pick Filecoin among the coins you listed based on it's viability.

Hong Kong lifting the ban on cryptocurrencies could create a positive impact on the crypto market, especially with mentioned coins like FIL, VET, NEO and CFX. However, I would like to emphasize that investing in cryptocurrencies is a high-risk action and should be done after full research and thorough evaluation. While these cryptocurrencies have short-term upside potential, the cryptocurrency market is very volatile and the market can change unexpectedly. Moreover, investing in cryptocurrencies also has security risks, so investors need to consider and evaluate carefully before making an investment decision. In conclusion, the lifting of the ban on cryptocurrencies by Hong Kong can make a positive impact on the market and digital currencies such as FIL, VET, NEO and CFX may increase in price, however, investment Investing in cryptocurrency should be done after full research and thorough evaluation.

What's the basis for this?
Is China already allowed cryptocurrency and consider this as legal? I'm not updated with their policies anymore since they always change their decision. Anyway, if there's a good update from this Chinese tokens and there's a good demand from them, most probably they will rise again. To be more safe, deal with the top coins instead they are still reliable and can be more profitable.

News of Hong Kong seeking to lift the ban on cryptocurrencies will have a significant impact on the crypto market. If the Hong Kong government succeeds in lifting the ban, this will create greater confidence among investors and experts in the crypto community. This trust could lead to an increase in crypto business activities in Hong Kong, creating a significant recovery for the crypto market.
In the opposite case, if Hong Kong decides to keep the ban in place, this could lead to a significant drop in the price of the crypto market, as investors are concerned about the risks and warnings from the Hong Kong government. In conclusion, the news of the lifting of the ban on cryptocurrencies in Hong Kong will have a strong impact on the crypto market and the value of various cryptocurrencies.

The lifting of the ban on cryptocurrencies in Hong Kong will certainly have a positive impact on the market in general, from the list you provided I will only choose Filecoin (FIL) and also VeChain (VET), because these two coins are coins that have enormous potential in the future. But are you really going to invest in altcoins as we're about to see a Bitcoin halving in the near future? I think it's an unwise decision. It's better to go with the flow than to fight it.

I'm sure the lifting of the banned crypto in Hong Kong will have a positive impact on the crypto world, especially coins like NEO, FIL, VET and many more, I hope this can really happen, because as we know China is a country is the great potential in the use and development of the crypto world

If the ban is lifted, it does not mean that investors will run to these old coins and start to frantically pump them. I expect that the lifting of the ban will not lead to the pumping of some old projects, it will lead to the fact that more teams will appear in this jurisdiction and present their new services and projects. Crypto industry has its own specifics, it is easier to make money on a new project than to try to revive an old one.

Ahhh, the Chinese Ethereum and the other projects.

There will be some impact on it to these projects but whenever something like this is on the news, we see a temporary or slight gain.

But then, the market will again back to its former if it won't be sustained a lot. Let us see on how its mainland will react on it as I'm sure most of its investors are coming from there despite the unpredictable move of its government about banning of mining and cryptos.

I am not sure yet to be honest. So far i have not seen a chinese coin that completely took off yet. I still remember back in 2017 when NEO was introduced, which is a chinese project if i remember correctly, a lot of people were saying that this will be the next big thing and some kind of chinese Ethereum. It even managed to get into the top 10 in terms of market cap if i am not wrong. At the moment it is ranked on position 60 at coinmarketcap which is still good but of course nowhere near the top 10 anymore.
In general i think that a great chinese project that offers something new and that is also introduced and marketed well has huge potential because the potential chinese user-base is just so huge.

It seems to me that by June, i.e. the third quarter, Chinese projects can get pumped up, which is already noticeable. You did not mention the Ontology project, it is also getting well pumped. But I think that once the law enters into force, we will be in the red again. All in all, I think the bulls will be there until June. Then the bears will be back again.

I think this is one of the narratives in the space that is going to be front-run again, this is a positive thing for the space when most of the Western countries are closing their doors to Crypto, China via Hong Kong is opening her door, but out of all the tokens on the list, it is only $CFX that I am most bullish on and I think it is going to be pushed as the CHina Ethereum whether it delivers is another million dollar question

It may have a positive impact but people need tone down their enthusiasm, just as it seems there is going to be a nice pump thanks to the lifting of the ban, we should not forget the ban could be imposed once again by China and then the markets will dump, as I do not see how this can be a policy which can be maintained long term when we know that the Chinese government is not really happy to let cryptocurrencies to grow unchecked.

NEO is just been overhyped, the project keeps getting mentioned as a potential top coin to invest in for the last two bull market yet nothing has happened. The coin has just be underperforming and I don't think this bull market will be different.

Instead of investing in NEO I'll invest in GAS, which is the token you get for holding NEO. I don't know if that still happens but when I invested in this project last 4 years I remember I could claim GAS and sell on exchanges.

I didn't see BNB on the list, that's a big project in Asia and they always pump it. It'll put my bet on BNB to be more successful than those tokens you listed. Don't think because BNB is already worth hundreds of dollars that it can't pump.

Maybe there will be a big impact, especially for filecoin, which currently costs around $ 5, if there is a bull market, as predicted, they will get big profits if they get close to ATH, which is around $ 170.
the most important thing is not to hold on to the fomo that has been created for too long, because in fact the market will continue to alternate with each other.

What will the marketcap be if they get close to that ATH, it seems like it will be very high.

Thanks for your input, how come all profits back into btc? Don't you want to put a lot in alt coins blue chips for bigger returns on the coming bull market then back to btc in the bear market? Bit more risky but a lot more reward. What do you think ?

What do you mean by this? Now would be a good time to invest in alts as the rise during bull market could give lucrative gains.

Possible that those coins are going to be pump hard by some groups or individuals. But it's the question on how long?

So for me, if you have the money to invest then why not? as long as you know what you are doing and just be attentive on what is going on with those Chinese coins so that you can take advantage of the pump and get out with your profits.

Not going to lie though, if you think that the pump will continue to go, then you are wrong. This is going to be short but sweet and get out while you can and don't be greedy.

In 2023 there is still a lot of potential to gain a lot of profit from altcoins, for example in several Hong Kong coins,
and yes, as you mentioned CFX, VET or maybe some other coins that are not listed on Binance can also pump high,
it's just that we have to be patient, maybe May will be decisive.

BNB is not positioning itself as a Chinese project. In fact, no one probably knows what jurisdiction Binance has. There are a lot of Asian projects on the market, but that does not mean they will all be pumped up. We are talking specifically about Chinese coins, which is why BNB is not on the list. It also seems to me that pumping will be until June to sell at the event afterwards.

I agree that BNB is not a Chinese coin which can be bullish because of good news from China, because BNB has become a world coin like Ethereum,
different from CFX or CKB because they really focus on China, but there is one altcoin that I think deserves we collect until June arrives, that is VSYS.
VSYS is one of the underated coins from China which is rarely discussed and is not yet on Binance, of course this will be very easy to pump if good news from China arrives again.

Prices didn't change since it's still the price 5 months ago. There is no pump to these tokens but investors should just wait for the real bull market before investing heavily in altcoins. BTC going up may mean the bull run is about to start but oftentimes, the price is pulled down before the kick so you might have to wait for another dip to $20k again or so.

Among that is mentioned, I will bet on VET to rise further since it's been widely promoted in UFC. I donnu, nothing is really going on behind this project but it's in every corner of the cage.

Yes, that's right, Binance is an institution or stock market that takes action on a global scale, or whatever you say. I am one of those who think that Neo is exaggerated in me. During the last rise, bulls did not visit Neo much. BNB should also be evaluated separately. But right now it seems like a good time to buy altcoins.

We do not know whether the source you say is valid. If valid, why is there a limit to lifting the crypto ban until June 1, 2023? It shows there is something in play developed for the crypto market. If they don't have a problem with crypto, the crypto ban should be lifted permanently.

While lifting the ban on crypto in Hong Kong could bring more attention and investment into the market, it is difficult to predict whether specific coins like Filecoin, VeChain, Neo, and Conflux will see huge gains in the next bull market solely based on this news. The performance of these coins will depend on various factors such as their adoption, development progress, and overall market sentiment.

finally Hong Kong wants to lift the banned crypto on June 1st, this is good news for the crypto world, because as we know that China is one of the largest countries in the use and transactions of crypto, hopefully this will have a positive effect on other countries that are still banned crypto

First and foremost there won't be a run unless bitcoin runs.  And then when it does older coins tend to fall back and a new set of projects emerge as the front runners.  Happens every bull run and I don't expect this one to be any different.  I'd steer clear of older projects and see what platforms emerge in this next year or so.

I am not hoping again these dead coins to rise up again, especially NEO. NEO before is also pumping for short time but after that, dead again.
I believe that NEO is already abandoned, there was a rumor before when NEO was abandoned because some part of the team was already working under Binance.

Overall, with all these pumps, I can say that most of them are manipulation.

Have been one of those who trust NEO back in years mate , but leave the support when this continues to dump from ranking coin , this even called the sleeping dragon but fails investors.
 but as you said? it may have a good effect for those coin but not for long term , it may pump (to be abused by whales and manipulator) but the content will only take short term and be ready when this happen.

This will only last for a while, I say this because I am sure that many Chinese businessmen will take the opportunity to use cryptocurrencies to get their money out of the control of the Chinese government, China will realize this and then they will pressure Hong Kong to change their polices and once again ban cryptocurrencies, and then we will have to endure once again all the FUD about China banning crypto that we have to endure every year.

Hongkong does not represent China mate meaning the unbanning of Hongkong is just a small part of what can China bring in the crypto world and yes there may be a big positive result specially in Chinese tokens/coins but can we expect this for the rest of market? or just this coming months and will not last till the end of years.
the sad reality of NEO and there are several chinese coins that listed to whom we cannot expect that big response for the whole community in the next couple of years.

This is called a cycle, once they make profit already their own government will make a way to dump the price again and this is not the first time because China is not solid with their decision with cryptocurrency, they always make a change and that change will always benefit them. These Chinese projects are only good if you are able to buy cheaper and plan to sell it with good profit, don’t just hold though make sure to analyze as it before buying.

I think Hongkong did not ban crypto but it was only China who did it, though last time there was a good news about them. It says that they are considering to unban cryptos again. This could influence other countries to do the same movement but if not, we can still see a good boost in the price of cryptos. This is it, the bull run is not going to be postponed anymore. We are now seeing a light at the end of the tunnel.

Some says that China unbanned crypto because they are trying to promote their own digital currency. There is no need to worry about it because I am sure that Chinese people will mostly pick cryptos as they are decentralized and volatile.

I speculate Conflux and some of the projects created in this blockchain might have a pump that will be very much similar to the Shiba Inu token. I heard it is being considered as the Chinese Ethereum by some people in the cryptospace already.

There has also been an integration of 2 of Ethereum's most important DeFi protocols in Conflux.



Conflux Integrates Uniswap V3 And Curve Into China’s Market

Conflux, the first blockchain that complies with China’s stringent regulations, has proposed using CNH (offshore Chinese Yuan) stablecoin alongside Uniswap v3. Additionally, eCFX, the Ethereum mainnet currency CFX that has bridged to the blockchain, has been proposed as the blockchain’s entry into the Curve Wars.

The Uniswap community benefits from more trading opportunities involving USD and CNHC pairs when Uniswap v3 is deployed on Conflux eSpace. Also, Binance’s recent announcement that it will facilitate the mainnet integration of CFX tokens from Conflux Network will benefit the proposal.

Source https://www.investingcube.com/conflux-integrates-uniswap-v3-and-curve-into-chinas-market/

Thank you for that, I'll definitely be taking a closer look at conflux.

But wasn't Neo considered to be the chinese ethereum for a long time too? IIRC Neo was also accepted by the chinese government in some way?

a simple understanding will let you know that this is coming fast and it will also dropping past , we knew that those coins are in stagnant position now and moving it high just because Hongkong is Unbanning crypto will only give opportunity to whales that will manipulate the system .
so dont be greedy and just invest and sell once the prices starts to climb because trust me , it will go down as speed how it grows.

well NEO is called chinese ethereum for long time but what had NEO proved after? this is the reason why many investors lose their faith in this coin and convert to other currencies , but there is a chance that NEO will have pump now since Hongkong will Unbanned crypto but the thing here is that , will it be last long? or just another pump and dump ways of investors?

Yes, I guess just relying on the accepted upbeat signals from Hong Kong won't give a sustainability to NEO that way, the excessively rapid speculative demand will create hype that the market can't keep up with response.  It will just be Pump and dump
- NEO was expected to be the ETH of China but that has changed from the proof-of-concept for development.  Market demand and reception will change over time for the altcoin range

I am optimistic for Chinese narrative coins, because this is very bullish news,
CFX has experienced a very high increase and I am sure that several altcoins from China will also follow CFX,
my advice is to just stock up on Chinese narrative coins, and one of the coins that is still very cheap is VSYS, you can buy it on Kucoin.

Thank you for your input, what do you like about vsys?

I ain't gon tell you to buy, instead I'm telling you that I bought quite a few and currently thinking if I should buy a bit more to balance the amount on all these except VET which I had bought way before the others mentioned. I Didn't spend a lot of capital on the rest of these coins though, just a small enough amount to make me smile when I get profits and frown a little when I suffer a loss, lol. Besides, these coins ain't that bad compared to most shitcoins out there anyway so I'm quite satisfied with this investment. Bull run or not, I can store them away and forget about them anyway so all good. xD

I see it as an optimistic signal, we can't deny that Hong Kong/China money is trending into huge crypto, which shows the growth potential of the assessed altcoins  this high.  I do and am optimistic with FIL - and its data platform will combine with web3 will become a hot spot of great attraction.  We are still a long way from the altcoin bull season and it is a good time to seize the opportunities.

Hongkong may life the ban on those coins next months but i think that it will not give a huge impact on the price. The era for those coins is already gone. This time the only new coin that got hyped. The hype will come after bitcoin will be pumped so high again.
I think that the price will remain the same. Even after such news and there was a big change in the price of tokens. There's no movement at all. Im skeptical with chinese coins these days.

It could either be the calm before the storm or the Chinese just have no interest in these tokens. FIL token pretty much have a good value back when it started but looking at it now, it seems like only the dev team is holding on.

We may really have to wait for what sort of regulation clarity they have for the Chinese otherwise it will be just like what Gensler is doing. There will also be a turf war for regulatory boards.

there are so much time to wait mate, because this will be happening in the couple of months meaning we can expect or  not mate so lets not speculate that soon.

actually the important thing here is that they are unbanning crypto and that is what we have to understand and bare with.

The question stands about chinese coins mate and the the whole market specially not bitcoin so lets talk about those coin and not general.
there is a coming hype for most of chinese coin but i doubt that the situation will last very long because in my views?
this will be used by whales to manipulate the prices and fool those greed and noob.

it's not gonna be any significant news, after all, i think many capital that truly wants to invest in cryptocurrency has moved from that place to neighboring country like singapore.
i'd say even if ban is lifted, surely the current value will just stays the same.

Sounds like you are hodling these for a bit of a longer term than the rest. What makes you not want to sell in the short term for quick profits?

I will be honest that I think it will have very little thing to do with the value of bitcoin, ban can be lifted, but everyone already investing in cryptocurrency basically bypassing the ban through various means and that maybe also include using management company outside of their country, but I guess it's just gonna add more legal perspective for their respective investor in the hongkong but i don't think it will be significant enough honestly.

Doubt it will be earth shattering news, at best it will just adding legitimacy towards bitcoin investment which is a good thing but doesn't mean buy order gonna magically come.
but maybe it's good decision if you're so into the coin you mentioned to invest in them just in case, but I think if these news about lifting is actually a thing and actually have some effect, don't you think bitcoin will be the ones that gain most of increase? but considering conflux value spike at these recent months maybe it's gonna got some good thing ready.

but i'd rather bet in NEO in this case since it seems it got considered as a pioneer of coin that quite literally got cancelled out of its glory time because of the banning, maybe once it got unbanned it will rise really high but considering many have been going on ever since the banning, maybe attention has shifted and things will be different this time around.

Yup. I have indeed been holding these coins for quite a while now while having held vet even longer than the rest of them. The reason is simple, it's because I like them coins enough to keep DCA-ing on them and not chase quick profits when it isn't necessary. These times are times of accumulation. The longer you stay in this industry, the more you'll
be able to understand what I mean fundamentally. Also, my secret for not panicking or getting over excited when the price moves up and down is due to not over investing, and I make sure that I invest only because the coin is good enough for my standards after looking into them and not just because of bull runs or overexaggerated hype.

China's money pump or miners are entering the crypto market is really interesting news and should be watched closely. It seems that the crypto market is becoming a land where investors and tycoons can make great profits, and China's participation in the production of cryptocurrency miners to supply the market school is a sign that they are interested in participating in this game. In addition, the fact that Hong Kong is seeking to lift the ban on cryptocurrencies is also a positive signal for the crypto market, showing that the government is interested in the development of cryptocurrency technology and are considering opening the market.
However, China's participation in the production of money pumps is also an alarm for the crypto community, so investors and users need to be more careful in managing their investment risks. . The use of Chinese miners may affect the security and fidelity of the blockchain.

There might be no sustainability for the price and it may not last long but of course the main objective here is if NEO and other Altcoins will have their way to go up now since the bear covered the whole market. And HongKong will give them chance to grow once again.

Is it hongkong really gives big impact? In my opinion if hongkong was not china as it has its own govermnet bodies. I think that we are being to optimistic to hope if chinese coins will be getting huge impact from the ban lifting by hongkong regulartors.

The era is changing right now. There are so many better coins than those old chinese coins. Those chinese coins may be dead in the future.

I always got rekt investing in Chinese projects because there are too many scams from there. I stick with western projects like IOTA and Q Blockchain, both of which are heavily regulated and have real world partners, not hype.

Before investing, of course you also have to look at the fundamentals of the Chinese altcoin first,
may I know which Chinese coin you were scammed by?

The Chinese money injection and Hong Kong lifting of the crypto ban may affect the crypto market but the impact depends on many different factors. A number of cryptocurrencies related to the area up there posted impressive gains following the news, which shows the confidence of users in the cryptocurrency. However, this can also lead to a decrease in the value of some cryptocurrencies as they fail to meet the requirements of competition and development in a short time. And the truth that I can imagine is that when China is pumping money, this can lead to increased inflation and a decrease in the value of the currency and traditional assets. However, the cryptocurrency market may not be affected much because it is not regulated by traditional monetary policies and central bank regulations.

this news is not that much significant and isn't important either, yes it might allow many chinese people investing in cryptocurrency but many of them already migrating to japan and korea even many neighbouring country for the sake of investing, you might find out that the massive capital flowing in these cryptocurrencies accross many country are actually big chunk of them coming from china, they've found their own path of investing.

I find that the lifting of the ban on crypto in Hong Kong may lead to increased adoption and investment in cryptocurrencies, which could potentially benefit a range of cryptocurrencies, including Filecoin (FIL), VeChain (VET), Neo (NEO), and Conflux (CFX). However, it should be noted that investing in any cryptocurrency is risky, and individual investors should carefully evaluate their investment goals and risk tolerance before making any investment decisions. Especially during these times.

Maybe cash flow can bring back positive thoughts back to the investors and they may invest more in this altcoins. The question is which altcoins will get more boost after ban lift, I doubt the show will happen on mentioned altcoins because the investments can go to gem altcoins with higher ROI potential, IMO. Anyways, it is matter of time to see how this decision gonna affect the current market cycle. I still can't find this news enough for green altcoin season, the current market psychology doesn't support alt season, IMHO.

It's not significant because it's said they will only "lift" it. It means that crypto on that country, isn't permanent or fully banned but overall, this was still considered as a good news. As it means that people on that country can now fully enjoy cryptos again.

It's nice to know how people on those countries value cryptos so much that they even migrate to other countries only to continue their postponed business when in fact there are still other assets out there which are more legal than in cryptos that they can invest in. China is a big country so it's no surprise that a big number of money flowing in cryptos came from them. This is why the market of cryptos have crashed right after they announce that they will ban cryptos last time.

it's just a matter of time for Chinese coin fomo to return, but we also have to know what coins we should buy so we don't miss out,
my recommendation is CKB, because Nervos is a very solid project and has good fundamentals,
especially now that CKB is still very cheap and most probably June is the time CKB goes 2x!.

It is important to those who believe in Pumping and dumping market , because surely they are waiting for those shitcoins to pump
 and give them an easy income (but also the riskiest chance of losing)

Chinese coins will make its way growing that time , but be ready when it bounced back because you might be trapped inside

If you don't understand the system , then best not to deal in anything that comes sooner.


not sure if this will will be growing also but I doubt it as Hongkong does not represent that whole chinese cryptos .

Cryptocurrency is a global market there's always a huge gain for every crypto that's the needed fundamental concept, utility, potential, and use case needed by the investors. There's nothing about a Chinese or American coin pump.
Although, the Chinese may want to create some hype through their false analysis just like they used to do then with NEO but the effect will only last for some time.

There is truth to that Hongkong opening its gate for cryptocurrency adoption though, it could be a catalyst from the East to make the bull run for crypto which might just be the first in history where the bull run will be led by the Eastern countries.

The only project that I have seen with so much exposure is the Vechain. But the one with much potential is the FIlecoin. It's a bit worrisome to invest though because right now it's only BTC that has higher price fluctuation.

Hong Kong is not the only Chinese location where there's an open door for cryptocurrency adoption, there's a village in China called Wenzhou if I could remember the name and I read they are among the early adopters of BTC and still support BTC as we speak.
For the East, it's hard to decide if the bull run will come from there cause only the United Arab Emirates are creating something that will influence the bull run.

I think you need to dig in His post History and you will see what I mean here.this account is a Shill of that Q Blockchain and checking His post contains of this kind of post almost each of those.
so asking of which project he had been scammed?
or better to ask him if those he mentioned will be another scam  :Dthere is a thread that I come recently talking about the leading Mining countries now and to my surprise , a Small country goes to top rank because the miners from china migrate to their place.

and here are the list that will Shock you

https://i.imgur.com/aHLh3up.png

Imagine Kazakhstan having 18.1 Percent? being ahead of Russia and Canada?

It was comfortable for the Chinese to move to a neighbouring country to continue mining. Therefore, it is not surprising that the number of miners from China has increased in Kazakhstan. Perhaps they can go back if China removes the ban on mining. But the fact that China will remove the ban on cryptocurrencies should have a good effect on the market. I hope there will be an increase this summer because of the inflow of new money from China.

Yes, I'd been watching already a few coins that have potentials. Filecoin, Vechain and CFX are in my watchlist and maybe I will add some more in the next few weeks.

It's good that Hongkong is determined to pursue regulating cryptocurrencies. Mainland China or the communist part pretty sure won't follow suit but many of its people will flock towards Hongkong or even in other countries. Chinese volume in crypto is still very significant despite of the ban and I expect it to further increase if Hongkong starts its own regulations.

Well looks like it was exit on the rumor event. I personally don't trust chinece coins anymore. People are afraid on what sec does to crypto in the west but with chinese coins we have experienced even worse back and forth dance, and there's no end coming.

"Is it already that time of the year when China bans crypto?" is a meme already. And it's funny because it has been true for everyone who has been here longer. Fud and fomo has been too strong and when fundamentals are so shaky, you really can't build future on top of that. You can seek pumps but that's all.

what is that project? are you shilling for that project?



actually there is , specially in times like this that a Chinese biggest economic part will have adoption or welcome crypto.? maybe this will bring good increase to those who had been calling as Chinese coins.
but what will happen isn't destined instead there will be changes as days comes near.
but for me personally , I will take distance from this because of no assurance at all and of course without the halving effect that will come next year or the following.

well that is correct and that was the most reason given by people here that since Kazakhstan is a near country from China so the miners migrated from the banning in that region.
now they are one of the biggest mining country in the world .
but look about the thread now and will chinese coin really pumping soon?
or this is just another pump and dump like what had happened in the past.

Neo has gained popularity in China and beyond. Although regulatory changes in Hong Kong may have an impact on its acceptance and ecosystem expansion, it is crucial to examine larger market trends and technology improvements. However, it is impossible to make a firm conclusion on the prospective benefits from the next bull market for the cryptocurrencies you named. While the removal of the cryptocurrency prohibition in Hong Kong may result in a more favorable regulatory environment, the performance of these cryptocurrencies will be determined by factors other than legislative changes.

good opportunity to buy Hong Kong coin right now, because the price of Bitcoin dumps and makes altcoins dump too,
of course if you accumulate at low prices for CKB, CFX, and VITE then you can achieve big results,
because there is a possibility that China Coin will pump maybe before June 1st or after June 1st, so don't miss it.

We've witnessed this a lot of times when Bitcoin dumped and took all other cryptocurrencies with it and some of them could never pump back when Bitcoin recovered back from the dump, so what's the guarantee that any of these coins or tokens will gain significant success when Bitcoin goes back up after dumping? Besides, Bitcoin isn't dumping anymore, it's just a correction.

People should not invest in coins or tokens only because they belong to a country and that country has unbanned or legalized Bitcoin or cryptocurrencies since that doesn't guarantee that these coins or tokens will get a pump, there are a lot more factors to be considered before making an investment.

for CFX it has gone up high and I really regret it for not buying CFX, but if you don't believe in that opportunity then you won't be successful,
CKB and VITE also have good fundamentals, moreover Hong Kong has also allowed investing in foreign currencies crypto money, then why should you be afraid?
Indeed, it cannot be guaranteed, but the opportunities are still open, friends.

We hope that it will become real by profiting from those coins. But we also can't expect it seriously because we don't know what will happen. If you want to buy the coins, only use the money you can afford and wait for the price to increase before you sell them. If not, you can only wait without certainty when the price will increase.

And before you invest in those coins, make sure you get a lot of information about the coins so you don't choose the wrong one. For CKB and VITE, you can buy them because the prices are still low so you can expect to reap the benefits.

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

Good for Kazakhstan and good decision for the miners of China. They can now continue their postponed operations there. I heard lots of Chinese people migrated in other neighboring country other than Kazakhstan in order to use cryptos again.

If the rumors are true about the unbanning of crypto then yes, Chinese coins might pump along with other cryptos that we already know because this was a good news in the country of China and people are now going to start re-investing again. Dumping can still happen later on because there will be sellers who will take advantage of the recent pump. As long as the cryptos won't be banned anymore, they can recover quickly.

What do you like about vsys? I remember searching them before I couldn't find anything interesting.

If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins.  Because a country's ban on cryptocurrencies will have a positive impact on the crypto market.I almost invest in VET, Filecoin coin.I know VET also has good fundamentals, which is why it's likely to get pumped.  But these coins are not for long term investment, investing in cryptocurrency is risky business, so it will be better for short term.

As Changpeng Zhao recently said, a bull market may be waiting for us soon. But if the Chinese do not take part in it, then it will definitely not be a bull market. It looks like the Chinese will join the cryptocurrency market again, which will undoubtedly push the entire market up.

from the news that China will legalize Bitcoin, of course this is a positive start for crypto currency to be bullish,
of course not only Chinese coins will pump, but all altcoins with strong fundamentals will also pump, but it will take time for market cap to rise again,
user from China will enter the market again and if you don't buy altcoins from now on then you will be left behind.

and how long will it run mate? I am now interested in buying at least some of my extra funds but willing to learn more on how long to hold and how much percentage to expect?
but of course , not all of those coins mate and also expect changes and limit your expectation , chinese coins might grow high but surely some of those will reverse its movement.

I reckon if Confux begins pumping, everyone should also begin to pay attention on the tokens of those projects that are being created in Conflux's ecosystem, very much similar to those of you who pay attention in the Ethereum, Binance smartchain, Avalanche and the Fantom ecosystems hehe. The liquidity might be lower, however, the pumps are much higher hehehehe. Small minnows like us do not need much liquidity.

Much of these Conflux projects are not very known by most of the traders in the cryptospace unless they are active in the Chinese crypto community.

yes China already believes in cryptocurrencies so we also have to believe that bullish will arrive soon,
considering that 2024 is the halving for bitcoin then maybe China has taken action first to buy on DIP,
we should follow it and buy some altcoins from China in Binance, my favorite is LINA.

Thats not certain, no one can ban all crypto activity.They can mostly controll large mining farms.

If you are looking for an investment #protip https://pepewx.tech
New memecoin, you can get it for cheap and hodl untill it get good %.

The Conflux Ecosystem isn't that big like the ecosystems of Binance Smart Chain, Polygon and also Ethereum,
you can see several ecosystem names such as Trustswap, open Defi and Cobo I'm sure not only the Chinese community knows,
but everyone knows that, yes I do I'm grateful that CFX can pump because it's really feasible for CFX that has good fundamentals.

@everyone. The forum's Chinese community's subforum might be a good source of information if you want to have early information on tokens being developed in Asia. Hong Kong has also began allowing retail trading within their jurisdiction which clearly creates a storyline that China might be next.

Use google translate and start reading hehehehhe. Rumors on which coins and tokens that might be whitelisted by the government of China might bring the biggest pumps for the next bull market.



Hong Kong on Thursday reinstated retail crypto trading at select exchanges in what could serve as a test case for China reversing its 2021 ban on cryptocurrencies.

Source https://finance.yahoo.com/news/hong-kong-bringing-back-retail-090000097.html

June 1st has passed and the fomo for Chinese coins seems to have ended,
because we have seen an increase in several Chinese coins such as LINA, KEY, ACH, VELO and VSYS etc.
we are in the beginning of the bullish so keep accumulation and don't sell cheap.

It should be remembered that since June 1, trade has been allowed only in Hong Kong and is still prohibited on the mainland of China. Accordingly, the governmen permission is required to continue the pump, although it is already possible for Chinese citizens to buy cryptocurrencies on Hong Kong exchanges.

I think there will be some moves this summer for all of the alt coins, not only FIL, VET, NEO
NEON is going to be huge (Neon Link)
We gotta check the market, soon we can see a huge gain coming

If there were some dumps on many of these Chinese tokens, this should be expected behavior, I reckon. Many traders have certainly been buying the rumor then selling on the news hehe. However, from a longterm speculative observation, the Chinese pump might only be starting.

hopefully after June 1, Chinese narrative coins can start to rise again I'm sure of that,
because marketcap from China will come slowly on altcoins, because we are still in the bearish season so it's only natural that altcoins will experience a correction,
and in my opinion that's good because we are given another chance to buy coins from china.

I am also confused whether the news is accurate or not, what is certain is that everything might have been arranged and trying to get some people to follow it.
because things like that are normal in the crypto world and anyone can spread the news.

All the altcoins that he mentioned, such as CFX, FIL, VET, and NEO, are altcoins with good fundamentals,
so if you don't know updates about project development, I'm sure you don't follow them on their social media,
because all of these altcoins are very updated on Twitter, Telegram or Facebook.

HongKong lifting Crypto ban should have a good impact on the crypto market, but I never think HongKong having a huge interest on crypto, especially compared to Mainland China or even South East Asia, so there should some impact, but it won't be significant.

We should not look at the pedigree of the project, but at its tokenomics. Just because a project is Chinese does not mean that it is now obliged to grow when any restrictions are lifted. Look at the investment, the circulating supply, the exchanges and liquidity of that coin, and the overall timeline. Then it will become clear whether this coin will grow or not. If the founders are Chinese, growth won't just happen, the industry doesn't work that way.

The china legal a bitcoin from the new to crypto currency its good starting of course  not only Chinese coins will pump, but all altcoins with strong fundamentals will also pump, but it will take time for market cap to rise again ,user from China will enter the market again and if you don't buy altcoins from now on then you will be left behind and the exchanges and liquidity of that coin , and the overall time line.

While the market hasn't looked excited because of the good news from China instead now the bad news is coming from the SEC and making the market dump,
to be honest I'm still confused why the market isn't bullish even though China has already announced that they support cryptocurrencies and I know it takes time,
but is 2024 will be the same as what is predicted?.

Maybe we will see the effect of the good news that China allows crypto-currencies next year,
because next year 2024 is likely to start bullish,
usually before the halving of the price of cryptocurrencies reacts positively so that's where my prediction for 2024 will be very positive.

I see it being totally opposite. I mean people in mainland in general could have more need for crypto but that doesn't matter as those voices doesn't matter. Only CCP matters in there. Meanwhile one country 2 systems is still somewhat happening and people of hong kong demand new things and freedom and some level of autonomity despite from oppressive government.

Without total rebellion of Hong Kong, they stay under thumb of CCP and  i am guessing this is part of their total surveillance plan.

I very much agree. However, the reason for arguing on why Chinese projects might pump is because of the speculation that they might be among the first projects to be whitelisted in Hong Kong then in mainland China through Shanghai. It is not because the projects are simply Chinese.

On the argument of tokenomics, what I like about some of the Chinese projects is their implementation of buy and burn for maintaining value. I have noticed that compared to western developers, it appears that buy and burn is a more liked tokenomics structure by Chinese development teams.

If this is the case, I would be more inclined to believe that successful projects from China may be new projects rather than those that have been on the market for a long time. If in the foreseeable future, announcements of new crypto projects that have a strong team and reliable investors will start to appear, such projects can easily take their niche in the top lines of the crypto rating. I support and agree with this development, but I don't believe in sudden success of already existing Chinese projects, for example EOS.

Do not be more inclined about hehe. We should be more confident that it will be the newer projects that might find success in China. Neochain, Vechain and the rest of them that were created before 2019 will be forgotten and die slowly. I might be wrong about some of them, however.

Also, on EOS, do you remember their ICO that lasted for 1 year? The rumor on that is it was a money laundering scheme for the Larimer brothers and Fenbushi Capital. Much of the coins that went in the billion dollar ICO were from the Larimers and Fenbushi hehe.

At the moment, due to the dumping of the Bitcoin price, Chinese coins are also affected by the dump,
but if you want to accumulate some Chinese coins and be patient to hold them, you can achieve high profits when the market is excited again.
There are many Chinese coins which are currently dumped due to Bitcoin, that is CFX, Vite, VET and CKB.

Right now market looks really bad everywhere but I still think that market pump is coming soon and Personally I find the coin list absolutely useful and well created But the whole security token and lack of clear regulation will make some coins hangs a little bit So I will pump might come towards the end of the year

you can't be very sure about their price movement, but fil, vet, neo and cfx are still in the top 100 alts, having fil and vet in the top 50. well, if you have extra funds, you can take a look at these coins but need to be meticulous as you should also look at their current developments in the market. we all know that chinese can easily change their stance and redact whatever they announced in public. also, consider the BTC market as it directly influences the overall market performance.

right, China can immediately change their decision, of course this is done to seek their own benefit. I think even though the altcoins mentioned are in the middle, it is a risky thing to invest in the long term, it would be better to choose top altcoins with good fundamentals, so you don't worry about holding them in the long term. but what we salute from China is that they seem to want to dominate the market, not just become ordinary members, so the steps they take sometimes confuse us

Risks and return both come into play, as does the way we view the market with the things we go through. I feel that the recent information from the SEC is negative for the market, before that we received positive things from the Chinese side with this market. Although I also don't think the economic trade war between the major powers will affect this market, but unfortunately the market is still too small to escape the direction of news, however over time they We can expect the market to be stronger.

China coins will pump when the price of Bitcoin returns to the bullish zone again,
because at the moment Bitcoin is very bearish so it's only natural that altcoins from China will also be affected and experience dumps,
but I'm sure that in the next few months the price of altcoins from China will pump high, so don't waste this opportunity.

I think there will always be an impact in any new rules that can provide certainty, but will it continue or only for a moment !! you can be sure it will be very difficult in a situation where bitcoin is not improving because all coins are based on bitcoin. so the decision that will be made should coincide with the bitcoin situation being uncorrected, then it will get an increase as well. but this is definitely enough information to make a passion for crypto trading.

Virtual asset trading platforms operating in Hong Kong must now ensure safe custody of assets, avoid conflicts of interest, and comply with cyber security standards. The exchange must also assess and set up exposure limits for retail investors and only allow trading in highly liquid tokens. Bit crypto trading is currently banned on the mainland, so operators do not accept retail traders from China. It's a curious dynamic given that China has backed Hong Kong's push to become a virtual asset hub despite cracking down on crypto trading back in 2021. So the question is: should investors be worried about policy U turns? It has a different regulatory regime that is well respected by international investors. Capital flows in and out of Hong Kong are completely free for international investors who want to purchase main land Chinese stocks listed in Hong Kong. They can do that without restrictions. The central government has been using Hong Kong to pilot a number of teams in financial services, and I don't think that there is anything for investors to worry about.