China just like banning things, Google, Facebook, Twitter, then Bitcoin.

[ivrynx]

I think we are now all familiar, on hoe the chinese think, they most likely waned to create yhrir oen crypto coin that will competr with bitcoin, i think this will be funded by their government, and aside from that they still have reserves of bitcoin in their hands. We should not be worried about this, just look at thr websites that they have banned, those sites arr now earning more, than what they fad expected, just take a look at google and facebook, as well all know, china already made their own social media, and it seems to look a lot like facebook, and , search engine that is also similar to google,i just din't know about twitter, i think just basing it from what the chinese had banned, those companies just gre bigger and bigger, with or without china, and bitcoin is not an exception, we will just see bitcoin to grow in value,and if yhe chinese government doesn't lift their ban, the only bitcoins they will have are just theur reserves from their mining, and even if the government, destroyed those miners and wallets, making the bitcoins out of circulation, it will just increase the value of bitcoin, basin it on supply and demand, the supply of bitcoin then will have a decrease, thus increase in value. The chinese government need to think again, if it us tigt to ban bitcoins i china and produce another altcoin in exchange of banning bitcoin. What i see if they continue to create an altcoin that will be their bitcoin, only outsiders can take advantage of the coin, since we can bargain for the coins for bitcoin and for sure there will be scarcity of bitcoin and china, and thry will be willing to trade their altcoin, even if it costs much, to bitcoin sincd they know that the future will still be bitcoin.

[Chairul Muttaqin]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

china government usually makes controversial regulations towards something that actually didn't need to handle by government. It's like restricted their citizens and limiting them from whats international technology growth. In my opinion China government attempts to fully controlled their own country and try make some regulations which will give benefits to their nation without care about anything else, china do not want foreign country take more dominant to their nation.

[Juggy777]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

China bans what it can't control or had no large share. All these years, it was playing a large share but now their share has reduced its just 10% and they are jealous that Japan has been getting a lot of attention, China loss is good for all other countries and it's a good time for them to capitalize on it. It's good for everyone that China shall exit Bitcoin and they can no longer effect it.

[manselr]

I think because China has an ideology that is almost similar to northern korea, all the activities of the peoples must be under government control, including how to do business.
And China also has big ambitions to be number one in the world in all sectors, as an simple illustration : why should China use Google if they can make it ?

China is an evil place with no freedoms whatsoever. Anything banned by China is a strong bullish indicator. Also notice how they don't ban bitcoin mining. They have this mentality of "even if we ban good things here to keep people trapped in this nightmare with no freedom, we will still manufacture this same thing to the rest of the world if it gives us profit". Worry not, they will be defeated soon. In fact, Bitcoin has already made China it's bitch by recovering so quickly, look at the price.

[bitcoinvestor]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

Next, they will ban Internet. That;s a typical of dictator government, They don't want their citizen to be rich. They don't want their citizen to be educated, they want their citizen to be poor and depends on the government subsidized economy. You know, Chinese in other countries live in wealth and prosperity, they have asset, cars, money and they can send their children in good education. In their homeland they are nothing.

[zarados]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

China bans what it can't control or had no large share. All these years, it was playing a large share but now their share has reduced its just 10% and they are jealous that Japan has been getting a lot of attention, China loss is good for all other countries and it's a good time for them to capitalize on it. It's good for everyone that China shall exit Bitcoin and they can no longer effect it.

China has the big potential of to effect the bitcoin price, I don't agree if you say that they can no longer effect it. Actually, china doesn't ban bitcoin, the goverments are stopping thw exchange to transact with their currency. And that's the reason why the price are down. If it's kust a temporary regulation, don't you think it will effect the price to the ATH again? I think China still have their power.

[richardivan]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

Next, they will ban Internet. That;s a typical of dictator government, They don't want their citizen to be rich. They don't want their citizen to be educated, they want their citizen to be poor and depends on the government subsidized economy. You know, Chinese in other countries live in wealth and prosperity, they have asset, cars, money and they can send their children in good education. In their homeland they are nothing.

From what I know China didn't ban Bitcoin, they ban only ICO. Because their people unfortunately invest some of their money on scam ICO, so China government didn't want their people lost money from investing in stupid ICO. And Chinese people only work for building their country they didn't want build another country by working in there, so when they come out from their country we are nothing

[kamikadze69]

You can not say anything like that. because a government that issued a certain regulation must have a purpose to protect their country even though it is not liked by many people. so it's only natural that they issue such regulations.

[criz2fer]

From other perspective, China wants to control the business that involving bitcoin which are too free for the people. I think their government want to lessen the risk for their people to have a contact in some project that will make a total dump or bankruptcy.

[bL4nkcode]

Next, they will ban Internet. That;s a typical of dictator government, They don't want their citizen to be rich. They don't want their citizen to be educated, they want their citizen to be poor and depends on the government subsidized economy. You know, Chinese in other countries live in wealth and prosperity, they have asset, cars, money and they can send their children in good education. In their homeland they are nothing.

That will be the stupidest thing they will ever do if they do that. People on that country will suffer like what north korea do in the hands of communists and a dictator. Dunno if this country will be the next north kor.
But china is not a huge hindrance to bitcoin anymore see the price its 4000ish back already and it recovers just in a matter of time.
That's the reason why bitcoin is strong enough as a cryptocurrency.

[rasmadisulaiman]

China has always liked to ban technology from outside countries that can not be controlled by them. China will continue to ban any outside technologies that do not comply with their rules. China prefers to use technology made by its own people, such as Weibo, WeChat and others. I do not like Chinese rules, there is no freedom there.

[Flomo]

China is one of the world's most influential economies, China will ban anything that can not contribute to its country, especially financial gain. maybe that's an excuse because it will only benefit the individual.

[Xester]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

They are just not a fun of social media and not a fun of telling the world what they are.  Maybe they want to preserve things the way they are.  Maybe they are conservative but inclined with technology.  As to bitcoin maybe they just want its price to go down.  And then will put a huge investment after its price fall.  Tactics and clever thinking you know.

[kondor1030]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

China likes banning foreign technology like FB and Google and then introduces their own copycats. The thing with Bitcoin is distributed and banning it is impossible and even if China introduces their own copycat it won't work this time.

[zxl912157]

China uses communist ideology, they are very closed and always want to be in front. Their government will ban anything to maintain government stability. Security and stability are important issues.
they believe that China will lead the world and will replace the US as a super power state.
it is very reasonable.

[Singbatak]

China is a powerful nation. But why do not they accept modern technologies. I also do not know why they do it. What do people in China so that their lives will not be boring? There is also what I want to ask. Many people in China are leaving their country and living elsewhere. As with us many chinese businessmen are here and almost all the factories, shops in malls, and so on. They are free to do their desires because they pay taxes. So even though they yield so they are not expelled from our country because they provide jobs to people in my country.

[AltCreators]

However, the USA is threatening china with Commericial Sanctions.

Because Bitcoin threatens the US Dollar.
And the government wont be in big control.

So the USA wants to remove Bitcoin.
Obviously this is pretty much impossible.

NOTE: I do not check back to people replying on this message.
If you want to reply please PM me

Thanks 

[johnarce]

China has had a complicated relationship with cryptocurrencies, and bitcoin in particular, for some time. Bitcoin trading volumes in yuan​ leapt ahead of those in U.S. dollars. But i don't think the banning will last long.

[Roboabhishek]

Why China like banning new online technologies. (Sorry, including second babies... LOL)
It started with Google, Facebook, YouTube, Twitter, Instagram, Snapchat, down to bitcoins.
China just wanna suck the joy out of everything... Are these guys living in Mars or somewhere up there?

What do you say about this? Share with us what you think. thanks

It's true that china is banning websites like facebook, twitter ,etc but i am sure people there are still using these services through Vpn or proxies.
When it comes to bitcoin they know it might affect their economy and maybe that reason was enough to ban it.

[sekapai]

China was banned all thing that they cant control..
Likely they are banning everything that noy chinese look.
We should do as they do...
All people worldwide banning evreything thing from china..because we can live in the world without china

https://en.wikipedia.org/wiki/Websites_blocked_in_mainland_China