molenracing
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June 03, 2018, 09:55:33 PM |
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This is indeed old news, and this is very influential on the price graph of Bitcoin and other crypto at that time. China is a big country with great influence too, and with the ban Cryptocurrency exchange in the country will certainly reduce Bitcoin investors from the country.
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joebrook
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June 03, 2018, 10:03:44 PM |
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This is indeed old news, and this is very influential on the price graph of Bitcoin and other crypto at that time. China is a big country with great influence too, and with the ban Cryptocurrency exchange in the country will certainly reduce Bitcoin investors from the country.
China could have simply put in measures to regulate bitcoins just like every country is currently doing but they chose to just ban it and I really don’t know why they decided to go through that route. |
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lestariptr
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June 03, 2018, 10:53:44 PM |
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I think I'm getting used to Chinese who always do a ban on cryptocurrency. I also do not know for sure what happens to bitcoin and other cryptocurrencies. May not have too much effect on the value. that's my opinion. There are still many countries that make bitcoin more popular so we do not have to worry about china. Stay positive with cryptocurrency
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PatronRH
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June 03, 2018, 11:36:26 PM |
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It is definitely going to be a really bad thing on bitcoin because it means the market is going to be smaller the number of transactions is going to shrink so much because Chinese users represent a big portion of bitcoin users. And this will definitely lead to the deterioration of bitcoins value.
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Sand King
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June 03, 2018, 11:46:56 PM |
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This is indeed old news, and this is very influential on the price graph of Bitcoin and other crypto at that time. China is a big country with great influence too, and with the ban Cryptocurrency exchange in the country will certainly reduce Bitcoin investors from the country.
China could have simply put in measures to regulate bitcoins just like every country is currently doing but they chose to just ban it and I really don’t know why they decided to go through that route. This is bad I think for those Who is a user of bitcoin in China they will have a hard time to find exchanger in other countries and also they will have a hard time all around it's a bad thing for me even though I'm not from that country |
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tuikindu01
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June 04, 2018, 03:49:10 AM |
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China is a huge cryptocurrency market, but as far as I know this year China has been supportive of blockchain technology and acquiesced in cryptocurrency.
The Chinese government has changed its attitude to bitcoin, and there will be many crypto-currency exchanges in China for some time to come.
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zhekinsp
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June 04, 2018, 04:34:44 AM |
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This is indeed old news, and this is very influential on the price graph of Bitcoin and other crypto at that time. China is a big country with great influence too, and with the ban Cryptocurrency exchange in the country will certainly reduce Bitcoin investors from the country.
China could have simply put in measures to regulate bitcoins just like every country is currently doing but they chose to just ban it and I really don’t know why they decided to go through that route. China didn't ba the crypto currencies they banned the bitcoin because they have a cerypto currency called NEO so they want their coutry people to use that currency so they are restricting the other currencies and increase the usage of NEO in their country this will give the same revenue as bitcoin do. |
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JackdunR
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June 04, 2018, 07:56:06 AM |
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This is indeed old news, and this is very influential on the price graph of Bitcoin and other crypto at that time. China is a big country with great influence too, and with the ban Cryptocurrency exchange in the country will certainly reduce Bitcoin investors from the country.
Although it is old news, it still has a big impact on the Crypto market today, the number of investors from China is quite large, so has made the Crypto market fall deep over time. But the decisions of their country have their reasons, perhaps just one of the reasons for hurting criminals. |
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spongegar
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June 04, 2018, 08:04:14 AM |
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This a story from a long time ago. But whenever a country ban crypto currency, then the people of that country will immedietly sell off thier holdings increasing the supply of coins in the market and plummeting the price in effect. That is always a bad news for all of us. But I'm pretty sure people will pick it up since it's so cheap.
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liseff3
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June 04, 2018, 08:40:50 AM |
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After a ban or regulation at that time, has triggered a massive panic sale in China, inevitably the value of bitcoin also experienced a very sharp decline. For us, this tragedy is a heartbreaking story that I may never forget forever.
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fcf1081
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June 04, 2018, 09:04:06 AM |
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Whenever there is this banning regardless of places there's always has effect, effect in popularity, effect in price value and the result was the panic selling of their coins for fear that it might lose and they will gain nothing.
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dongyi17
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June 04, 2018, 09:29:02 AM |
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:(Bad because it has effect on the value of bitcoin and the demand as well, the more bitcoin banned the more increases the demand that's what I know and the more investor and and bitcoin holder will panic and sell their btc in cheaper price this makes other dump their coin too.
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manismanja
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June 04, 2018, 11:49:39 AM |
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it seems that china only tires in only a few places where the exchange of cryptocurrency because indicated money laundering while in china is still very much a place to exchange cryptocurrency.
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Yantoaja
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June 04, 2018, 12:29:51 PM |
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It seems that this will greatly affect bitcoin, let alone country like china which is one of the big country in the world where china have good economic development. If this is not prevented, then the possibility of bitcoin will decrease for a while until the news disappears.
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basyang
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June 04, 2018, 12:55:55 PM |
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It seems to me that I though china is accepting bitcoin in there country so what happen?. But in my opinion, well I thought in this case it has a big impact in the bitcoin world or in crypto currency because china is one of the leading country today and when it comes to economy china is very successful from it. However, let's respect the decision of the government of china about this situation. But when it comes to the value of bitcoin it seems that the value will decrease because of the country banning is incresing and its bad for our community. |
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t2yax
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June 04, 2018, 01:06:34 PM |
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There's a lot of advantages and disadvantages of bitcoin. As we can see, bitcoin becoming popular every now and then, we see how the importance of bitcoin now. We see a lot of country is using bitcoin now, for the next year, or decades, bitcoin will be one of the popular virtual money. In China banning bitcoin can be one of the side effect to lower down the value of bitcoin. China is the one of the largest country, China can contribute a lot to the bitcoin economy.
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maculeth
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June 04, 2018, 01:06:45 PM |
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not too bad, because the users who come from china, maish can exchange it in another country. and still can transact. mislanya they all moved to japan, it's good for japan, because voume transaction will increase drastically.
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isidrorex
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June 04, 2018, 01:24:12 PM |
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I searched for this on the news (through Google), and my conclusion is that indeed the move of China to ban Bitcoin exchanges is quite bad for all of us in the crypto world. As we all know China is the biggest country in Asia and many Chinese has Bitcoin minings and are investors in the cryptocurrency world, so if their government will ban Bitcoin exchanges, then the market price around the world will be affected.
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Jamescur
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June 04, 2018, 01:35:58 PM |
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This is obviously a bad thing! China is the most populous country in the world!
This is a big market. If the cryptocurrency is legal in China, the cryptocurrency will be invested by many Chinese people! This will speed up the development of blockchain and cryptocurrency!
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Haterstestbtc
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June 04, 2018, 01:47:08 PM |
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Even though China declares banning bitcoin exchange which is contribute a bad effect to the development digital economic stability but it can't control there people to used other option in going exchange there bitcoin some where in asia because it can make a transaction as long as they have bitcoins in there wallet address which can anywhere be transact as freely.
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