what's the future of bitoin in china ？

[naira]

my opinion, because china has stopped their contribution to bitcoin, of course in china bitcoin will die. and I'm sure sooner or later chinese must be very sorry for having banned bitcoin in their country. because bitcoin progresses and greatly helps the citizens' economy

There may be some Chinese, Actively use bitcoin by itself secretly
Because previously they felt the profit of bitcoin

[1714837549]

1714837549

[ivrynx]

It seems that there is a small percentage of bitcoin hodlers and users left in china, since their government banned bitcoins, those who want to use bitcoins freelh, might have cashed in their bitcoin to fiat to move to another country that legalized.bitcoin, in which it will be much benefecial for them, since they do not need to hide.i think those persons in china that have still bitcoins, may have just kept their bitcoins on their offline wallets, like trezor, and just watch how bitcoin moves, and hope that this coming chinese election, their.government might hange their mind regarding bitcoin ans ICOs. As of now, there is a small chance that bitcoin will have a future in china until their ban is lifted, we could all just sit and watch what will the chinese government do, if othet countries out grew them financially because of bitcoin.

[ShadowBits]

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

even china banned icos in their country i think theres no big effect on btc  ,there are many good alts existing already
so bitcoin would boom wherever country on this planet

[azguard]

It seems that there is a small percentage of bitcoin hodlers and users left in china, since their government banned bitcoins, those who want to use bitcoins freelh, might have cashed in their bitcoin to fiat to move to another country that legalized.bitcoin, in which it will be much benefecial for them, since they do not need to hide.i think those persons in china that have still bitcoins, may have just kept their bitcoins on their offline wallets, like trezor, and just watch how bitcoin moves, and hope that this coming chinese election, their.government might hange their mind regarding bitcoin ans ICOs. As of now, there is a small chance that bitcoin will have a future in china until their ban is lifted, we could all just sit and watch what will the chinese government do, if othet countries out grew them financially because of bitcoin.

Not need to be true. They have other option and they can easily exchange bitcoin in Japan. This is just some example but dont think that China is out of bitcoin, maybe government ban for good, but they will find a way to exchange it for fiat if necessary. Probably best option for they will going to Japan, but think that they are limited for cash in China or they didnt, know that in Europe is limit for this 15000 eur for a day.

[Jake052478]

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

 As of now.. the operation of bitcoins in China was stop... but in the near furure, they will open the operation of bitcoins again.  I think they are just laying the foundation as to the regulation of using it... they close it down because of lack in legal basis.. so for now... i believe they are drafting laws or ordinances to regulate the its use... so cryptocurrency has been accepted by many of the countries now... what China wants is just to control it a little bit... one of the reason i guess is how to collect income or VAT taxes for payment in services or goods being sold ...

[yohan09]

I felt bad when bitcoin stops in China, they wan't to control this type of currency because there is big money behind processing transactions,and as early as possible this must be stop, Government in China show's something opportunity behind cryptocurrency , and until now they are on the stage of developing some counter measures to listen the use of BTC.

[matuson]

Don't understand why people are so concerned about the fate of the Chinese. I think you need to take care of themselves. But if you are very concerned, there is nothing the Chinese will not. How to use cryptocurrency, they will use it. Drugs are forbidden in all countries, but everywhere there are users and sellers of drugs.

[super5star]

sooner they will realize they can't benefit anything by doing it. cryptocurrency is the future and the flow, they can either be left behind or lead the way. a simple decision made today can be a disaster in the future. else its going to be another race that will take their spot being a huge contributor in the crypto.

There is no hold of china on bitcoin. there will be no effect of china on market in future, so no one has to worry about it, Chinese thinks that bitcoin will die but bitcoin is not depending on them, if they join again they will be user and they will be in their limits and will use it calmly, and Chinese effect is now gone and now they will not cause any trouble in coming days,

[IdoandWill]

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

I think that China will use its favorite approach.
All will be used with the help of VPN. During the year, 2 or 3 people will be stratified associated with bitcoin. At the same time, they will offer an alternative to the government contraposed.

This approach works with Google, Fasebook and so on.

[money2crypto]

It looks like the new president might decide to go technological and lift the bans as he is pro tech from all accounts before the campaign

[Tyrantt]

Who knows whats in their head, i've read somewhere on cointelegraph, i believe, that they will lift the ban after some elections or maybe after the attempt of regulation. We can just wait to know for sure.

[annbagira]

Hello all! China is amazing country with super interesting historical moments and wise culture. China is one of more oldest culture in the world! I am sure that after some shake in bitcoin area in China it will be a new more powerful arena in the world. I see it like Big Four - China, Russia, Japan + others. If China stable this and it will be regulated in Juridical sphere then in will be hard fork