what's the future of bitoin in china ？

[Sharon520]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

[equator]

China is trying to regulate Bitcoin in their country so they are planning big on Bitcoin technology and its acceptance so before stating any big news they are taking all precautionary steps to implement Bitcoin in their country.

[ladydark]

The future of bitcoin is very bright all over the world except china.Its all due to aggressive steps taken by china against bitcoin.China is not comfortable from the beginning.Earlier it had an idea of banning bitcoin,but since it realized it would not give them desired results.So,they started to take actions against bitcoin step by step.It was as a result of implementing these steps that all ICOs got banned,bitcoin exchanges getting banned.Chinese investors would be the ultimate losers.They could only blame their government for such steps and other than that,they could do nothing.

[unamis76]

China has for quite a few times dodged regulation or had it in their favor. They will dodge it again if needed.

[jonathan6655321]

china want to know what her citizens are doing. one of the reasons they now think to ban it it's because they dont have controll over people investments, ico, and exchanges.

once they will find a way to be under control i think they will adopt it the future will be bright

[bitbunnny]

Bitcoin will survive in China, that is sure. All this happenings are actualy try to regulate the Bitcoin not to destroy it. I think China is still interested in Bitcoin and they are not so sensless to go into some destroying campaign against Bitcoin. All this will be in their favour at the end but on long term it will not harm Bitcoin either.

[BrewMaster]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai,

ICO has nothing to do with bitcoin! unless you found out about bitcoin yesterday you should have known this already.

relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.

proposed plan!
Chinese exchanges were closed because they didn't have any license and were working illegally.

SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

nothing changes. the same thing is going on, the government is trying to prevent the illegal exchanges from operating and either close them for good or regulate them.

bitcoin is still being adopted in China and in all the 100 something countries around the world. and the volume coming from China is even higher than before.

[Singwala]

At the time China made a stop to the ICOs and Exchanger as well as the emerging news that the Bitcoins were to be abolished, it was as if they called the people their right to freely use it. We know that bitcoins have many affluent banks. But we can not prevent what's happening because it really is the answer to all our problems. Because we can facilitate transactions and have an equal status in life. Let's imagine that the minds of china will change because when it happens they may regret it. and their country will remain in poverty

[Virtual miner]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

A bright future is coming ahead for bitcoin. China will soon issue licensing to bitcoin wallets and exchanged and might also make a separate body which might govern the whole market of bitcoin. So dont worry about this minor setback.

[AleSergio]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

China has not forbidden all ICO and also it has forbidden only those exchanges which have had some illegal transaction, by making profit for developers. Some day i think bitcoin in China would be legal, but all exchangeres and ICOs would be checked by the goverment

[Roman Abraham]

I think bitcoin will grow rapidly in a country if the government fully supports the existing bitcoin circulation in that country, but if the government shows the opposite attitude it will be very difficult for bitcoin to flourish, this case happens in China, their government has closed all activities which is related to ICO, so I think it will complicate the development of bitcoin in the country.

[Aleister Crowley]

Bitcoin will survive in China, that is sure. All this happenings are actualy try to regulate the Bitcoin not to destroy it. I think China is still interested in Bitcoin and they are not so sensless to go into some destroying campaign against Bitcoin. All this will be in their favour at the end but on long term it will not harm Bitcoin either.

and this is really just a matter of time, until finally the bitcoin is allowed back .. because the Chinese government wants them to benefit from every transaction that takes place .. and this will be re-legitized when the Chinese government has got every advantage of bitcoin users. maybe this will re-pump the bitcoin price when china re-operate against the bitcoin payment system

[rasmadisulaiman]

China in addition to banning bitcoins, they want to control bitcoin entirely in their country. That's already predictable, because from the first China is known with a country that likes to control the people and technology completely.

[pyedpyper]

Everything will be okay even without China!

[passwordnow]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

Bitcoin's future in China is still unpredictable, we don't know what China is planning about bitcoin. Their decisions can't be trace and what I think is that they want to control and regulate the transactions in their country. And later on we will see them again eating their words that they ban ICO's and other stuffs because this will give their government a big profit that will benefit their people.

[OrcaTech]

I heard  the news that currently 90% launched projects in ICO platforms have been basically checked and returned in Shanghai, relevant Bitcoin virtual currency exchanges also proposed plan for quitting and started related work for customers’ funds and assets.
 SO ,what do you think about Bitcoin' future  in china?
I would like go hear some opinions

China has not forbidden all ICO and also it has forbidden only those exchanges which have had some illegal transaction, by making profit for developers. Some day i think bitcoin in China would be legal, but all exchangeres and ICOs would be checked by the goverment

I've heard that China forbidding ICO just because they want to make sure thatthe majority chinese investors will invest in foriegn startups, so they can have more influence on the world. I know that it might sounds a bit crazy  , but i see that there is something in this rumor.

[vit05]

Bitcoin is banned in China. All cryptocurrency is banned until they changed their mind.

[European Central Bank]

The future of bitcoin in china is in the shadows at best.

The stronger it gets the more measures they'll put in place against it.

It'll always be a thing there but never above ground is my guess.

[Bobotard]

China and most other countries are more interested in Blockchain technology than in bitcoin itself.  For most governments there is no need to have another currency than what is out there now.  Just like China was interested in what Social Media was about,  but not necessarily in Google, Amazon or Facebook.  Which is why it is banned and they have Weibo, Alibaba, etc.  Anything that can be recreated(and owned by them or their cronies) for the Chinese people exclusively is what they're interested in, that's been their political and economic agenda ever since.

[Jose Mourinho]

No one can confirm the future of bitcoin in china, but I think with or without china bitcoin will continue to be popular because users outside china also keep on increasing.