China ICO ban a move to please the US?

[microtron]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

[The Sceptical Chymist]

Nah.  I'm probably the worst person to expound upon politics, but I think China's decision is very much their own.  The U.S. hasn't even clamped down on bitcoin and I doubt the politicos are thinking about it much.  At least not as much as we are here on bitcointalk and certainly not in as negative a light as the conspiracy-minded would think.  It's off their radar. And I'm fairly sure China isn't doing anything to appease the United States these days.

[microtron]

Maybe so, I am still hoping this was all a big play to make NEO blow up haha

[orions.belt19]

China is pretty much a superpower and it won't make moves or decisions like this for the sake of others. They most probably did it for their own well being. The US may be a hegemon and North Korea is a threat for others but I don't think China is scared of them. I may be wrong but China is strong enough to not do these actions for other countries and especially not to please them, may it be bitcoin or cyptocurrency related.

[Tenderino]

China typically makes its decision focused on its own country and they have alreasdy announced that they will help North Korea if the US will attack them first.

North Korea isn't a part of the fiat money fraud scheme and doesn't necessarily need financial help from other countries.

[vasrasus]

China typically makes its decision focused on its own country and they have alreasdy announced that they will help North Korea if the US will attack them first.

North Korea isn't a part of the fiat money fraud scheme and doesn't necessarily need financial help from other countries.

China were not into negotiating or depending into other economy as well as anything related in money since they can manage to grow their economic thru their products but in terms of other areas like security and more developments they will sure to coordinate in countries they know they can got something more.

[rjbtc2017]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

I don't think so, In my opinion China just want to have a special power or maybe they want to control the Bitcoin System that's why they always creating and producing FUD to all bitcoiners and bitcoin enthusiasts. I don't see any political issues here, We should be real here that bitcoin isn't that powerful yet to make china make a move to please US and I think they are not even pleasing US right now for the current issue.

[Nerman]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

I do not think so since China really do not care what the United States think about them. If China do care they would Probably abandoned the Islands that they occupied in the Philippines sea.
The most probable cause of China's policy is regulation. The whole world knows that China was once a communist county. They would like everything to be regulated and since they were unable to regulate the coins they created this policy. But most likely once they figure out how to regulate ICO and crypto trading they will lift the Ban.

[Yuhee]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

I do not think so since China really do not care what the United States think about them. If China do care they would Probably abandoned the Islands that they occupied in the Philippines sea.
The most probable cause of China's policy is regulation. The whole world knows that China was once a communist county. They would like everything to be regulated and since they were unable to regulate the coins they created this policy. But most likely once they figure out how to regulate ICO and crypto trading they will lift the Ban.

And China is trying to become the powerful country accoding than USA so i guess they actually banned trading to btc because it is actually supported by the USA. There are still many reasons as to why China did that move and i think it does not have anything to do with them being a communist but they still be trying to make there country without having the influence of other countries.

[night.0wl]

The only  thing that is pleasant about it is less scams.

[jtipt]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

Nah I don't think so. China was looking to ban this for some time now, it was gonna happen sooner or later. I don't think it has any connections with North Korea, China wouldn't want to do something that will make USA's job much easier.

[fiulpro]

Your thinking is preety positive... I have seen numerous threads about how it caused a lot of loss in value and ... I myself believed it was not a good decision...just came here to....say thanks for widening my site of view.. 😐 now who knows you have got me confused......but China isn't in any nice position with US thus..midk why would they do it for them

[Pamadar]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

Nah I don't think so. China was looking to ban this for some time now, it was gonna happen sooner or later. I don't think it has any connections with North Korea, China wouldn't want to do something that will make USA's job much easier.

If chinas move will benefits US and make n.Koreas strength will be in question I'm sure its not like that China also wanted to show how powerful their are and they will not interfere anyone who challenge US bitcoin is far from what you are thinking mate its economics and China knew that bitcoin already threaten them.

[pooya87]

you are trying way too hard to relate things that are not even remotely related.

the ICO ban in China had a very simple reason: to prevent scammers from robbing their people.
other countries have already either banned or gave serious warnings about ICOs and in fact the Initial Distribution way to do a fundraising like what ICOs do is not legal in many places. but the bitcoin media never wants you to know that. they just say "China banned..." and it is followed by a lot of weird stuff even by "...bitcoin"

[aoihs00]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

It could be affecting majority of the world but most probably in positive way. Let's think about it in regards with two nation, one is developing continuously with the time and trying to get the leak of mountain, while on the other hand there is US which is completely powered up country and it won't get affected with worlds move. It's the US which will affect the bitcoin market and not any other country in the world.


No matter what Chinas move was but it for sure did not move a fly from the US officials nose. Because they know the power for themselves very well.

[Granxis]

China is indeed one of the major candidates for the crypto money market, the prohibition of the Bitcoin network is technically impossible, I am linking the prohibition of ICO to economic stability. I do not think it is right to judge the decisions of an country. I am absolutely against all kinds of prohibitions.

[MiF]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

I do believe that the ban is nothing to do in North Korea crisis because China is the number one aid of NOK because they are both communist government. China have their hidden agenda of banning the bitcoin because they want to manipulate the crypto coins if they become success of doing that it would be an advantage to help their economy grow better than US.

[Sadlife]

I dont think the reason why china banned ICO's in their country is because to protect their own fiat currency it hasn't have any hidden agenda's like helping the US where in fact the countries hate each other. Especially in the west Philippine sea dispute. China made the decision on their own and not for anyone. It's only normal for a country to protect their currency from growing and soon to become mainstream currency.

[PhantomJ]

So with speculation that the majority of North Koreas capital coming from BTC, who thinks that China banning ICO's was a step to curbing North Koreas power?

I think there is hardly a conspiracy here to annoy Korea, this is a self-imposed solution connected with the restriction of the distribution of the crypt. This is their internal problems and prohibition was necessary for them for other reasons.

[ekoice]

China does not have a need to please the US.Its totally their own plan to ban ICOs as an initiative step to ban bitcoin.From the beginning,china has been not friendly to bitcoin.It was just keenly watching for an opportunity to take strict action against bitcoin.ICO ban,trying to ban bitcoin exchanges and the only thing remaining is ban on bitcoin mining farms.Also,china's ICO ban would in no way affect north korea.It has nothing to do with it.