The Chinese propaganda

[pixie85]

What propaganda do you have in mind? China isn't fighting cryptocurrencies or trying to discourage people from using them. They used their ban hammer and that's all there is to say. The only thing that was close to propaganda was the FUD when they were saying that they are going to ban exchanges and didn't do it for 2 years. That was a really bad move that made the bear market last so long in 2015.

[ironman2014]

China is a great power country, which is significant at the world stage...I believe they have a great influence on the bitcoin price and opinion of people about crypto

[moynul2050]

This is an old topic and this has already been discussed by some members here.
there is nothing to be worried about right now, China is not a threat to cryptocurency. China holds 20% of world trade volume, and will increase in the future.

[Betheng10]

American movie producers targets Chinese audinces because it can greatly affect the profit of the projects. Although foreign movies are required to have chinese actors cast in the movie before the government allows the movie to be shown in their country.

Point is, China's population market can greatly contribute or even dictate a project's success.

[zarados]

perhaps China is one of the best imitator countries in the world and its residents are also required to prioritize the use of domestic products. Maybe their motto is 'if I can make it, why should I buy it'. As with cryptocurrency especially bitcoin, which could be considered to be threatening their currency. Finally, a ban is done, and it's enough to shake the market. Maybe again, the ban is done so that people prefer to use cryptocurrency he made.

[ucingucingan]

I also think so, somehow Chinese always do the same thing to bitcoin, it happens very often, sometimes it seems to me that China is just wanting to take advantage of itself from the panic they spread

[tongkatakai]

Don't you think if the news from China had come earlier like 5 years ago, it would have crashed the emergence of cryptos. I think that was the news that saw bitcoin heading downwards.
Whats your view?

Naturally, in China there is a rejection of bitcoin transactions because they consider illegal transaction bitcoin used for crime transactions and pay hackers

[nazaididuan1]

There are so many people in China!

BTC users are also very many, but BTC is forbidden in China!

If BTC is legal in China, the development of BTC and cryptocurrency will threaten their financial order!

[neonshium]

Don't you think if the news from China had come earlier like 5 years ago, it would have crashed the emergence of cryptos. I think that was the news that saw bitcoin heading downwards.
Whats your view?

Naturally, in China there is a rejection of bitcoin transactions because they consider illegal transaction bitcoin used for crime transactions and pay hackers

No, I don’t think this news is authentic. Why China will not be part of bitcoins and the crypto world as they better know that for becoming super power, they have to take out the mark over international economics. And in future, everything would just be dealt and measured in bitcoins and crypto so they must not be ignoring and banning bitcoins if they have such wish to become.

[Tigorss]

sometimes we have to be heartened by the news, china has always had a bad response to crypto, so naturally if they spread the news that it is cornering and dropping the world of crypto, let's show that here we are still strong and endure and always optimistic with this cryptocurrency, here's my opinion on this

it is certain that China will do such a thing because they are planning to make a new digital currency that will be specially used in their own country which ultimately does everything against other currencies that are planning to rise in the country.

[da7a1oad3r]

I still claim that the influence of China on Bitcoin is exaggerated and users themselves are to blame for that. They give too much importance to the news from China and then react on that news creating mess on the market.
Still, five years ago the influence wouldn't be so big as now exactly because Bitcoin wasn't so developed and popular then.

True that, nowadays there is no point in that "China" or "USA", whales from lot of different countries has a huge influence and they're doing that not for national interests but for profits

[breathlessz]

sometimes we have to be heartened by the news, china has always had a bad response to crypto, so naturally if they spread the news that it is cornering and dropping the world of crypto, let's show that here we are still strong and endure and always optimistic with this cryptocurrency, here's my opinion on this

it is certain that China will do such a thing because they are planning to make a new digital currency that will be specially used in their own country which ultimately does everything against other currencies that are planning to rise in the country.

i also had a headache reading thread that cryptoworls in china are considered illegal. maybe this is china plan that wants to feel free by creating their own digital currency so they can develop it themselves. we know that china is a big industrial country

[d1ceplayer]

There are so many people in China!

BTC users are also very many, but BTC is forbidden in China!

If BTC is legal in China, the development of BTC and cryptocurrency will threaten their financial order!

There are few companies in China who prefer to give a part of the salerie3s to their employees. But again according to the question and some other facts, China is against Bitcoin despite being the top spot for mining Bitcoin. This really shows two faces of China which might be due to political purposes or may be they do not want to loose the hard earned money by investing in Bitcoin.

[alfs75]

Don't you think if the news from China had come earlier like 5 years ago, it would have crashed the emergence of cryptos. I think that was the news that saw bitcoin heading downwards.
Whats your view?

will i thinks this feed news coming from china have no relevant in the situation 5 years ago happen,because the situation now that  this chinese government they only want to make there own digital currency system on there own thats why they do not allowed,foreign ICO project development  to establish a bussiness in means of cryptocurrency to there homeland because they want to create there own,and not to crashed the emergence of cryptocurrency system.

[squog]

China is a big investor boasting a huge fraction of the world's population within it's borders. But whether not China joins in the crypto currency world, crypto currencies will still fly and will definitely still be strong. Although it won't hurt if China actually joins in. But then again, other countries will fill the void that China left. Then again, this news is from last year so i don't think it is still relevant.

[KorakPawon]

it is still like this incident from some time back china opened the cap of access to his country against crypto whether this is a mere politics or not. Indeed China is the first country to successfully develop a crypto that can spread to other countries in the world until finally they plan to make their own crypto.

[Epimetheus]

Chinese government never want something in their country which influence their own currency value in the international market. Because of Chinese government bitcoin is ban in many country. According to Chinese government and politician Bitcoin negatively affect their country economic growth and also affect their central bank profit. Chinese government want their full control on their country currency value but Bitcoin affects that thing in many way. So these are some reason behind Chinese propaganda.

[BitcoinMarketer39]

Don't you think if the news from China had come earlier like 5 years ago, it would have crashed the emergence of cryptos. I think that was the news that saw bitcoin heading downwards.
Whats your view?

Yes, when icos on china has announced earlier then there is no way for bitcoins today to become very powerful like the price today is rising into a very huge amount.