Why China's Ban On Crypos May Be Temporary - Forbes

[dineshary]

Forbes article provides the political motivation behind the ban and hints about the possible revoke soon

https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929

https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections

[digital_weezer]

Interesting article, only time will tell if this is actually factual or just an analysis.

[shivansps]

If what the articles says is true,then it is a good news for us

[BTCLovingDude]

it still am waiting to see where they banned "cryptos" or as the article title says "ban bitcoin"!

to this day i have neither read any news from China about banning bitcoin nor i have seen then actually banning bitcoin.
the only thing i keep seeing is that uninformed news sites which do not even know what bitcoin is, repeat the same thing about China banning bitcoin!

the funny thing is even Chinese themselves are annoyed by this lie https://twitter.com/SatoshiLite/status/911067464796053506

[adam1230]

Interesting article. Already China announced that they are not able to ban bitcoin. Just they want to regulate ICO and Altcoins.
Probably in short term they will announce that they have a new license for crypto trading companies.
Then we will sky rocket

[feelideb]

Interesting read. The thing about mainstream media is that they mumble and jumble everything together when it comes to cryptocurrency. Most of these writer just don't understand what this is all about. Instead of some of them to seek people with clear perspective about crypto, they keep regurgitate each others mislead information.

[SaiyanSS3]

I like how optimistic is Forbes analyst about the China, they are always think ahead of anyone else.

[Yuhee]

Interesting read. The thing about mainstream media is that they mumble and jumble everything together when it comes to cryptocurrency. Most of these writer just don't understand what this is all about. Instead of some of them to seek people with clear perspective about crypto, they keep regurgitate each others mislead information.

At some perspective maybe the news actually is true but i dont know either if its a good or bad news if ever the election would really have new sets of administration. Cause what if the next administration would continue the incumbent administration. Let's just wait because as of now, the temporary really had great effect on how the price of btc is increasing because of their role on mining.

[olushakes]

Forbes article provides the political motivation behind the ban and hints about the possible revoke soon

https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929

https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections

Whether the news will be something that will live up to expectation, only time will tell because I would rather not keep my hopes high but eventually when this happens, it then mean there is going to be a serious high level that has not been reached before with the factors such as Japanese interest growing, Amazon speculative acceptance and now, China coming back into the game.

[omnik]

Forbes article provides the political motivation behind the ban and hints about the possible revoke soon

https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929

https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections

That already mentioned by a lot of the people if the ban just a remporary and there is a statement from the pboc's site related to the banned of the altcoin coin in the chinese exchange site or china's territory.
That was definitely true at all.

[sunhany]

I think the article is wrong, what I heard is that China banned some chinese exchanges and they will close operations at the end of this month.

But still everything else it said applies, BTC can't be ban and there's a lot of chinese people that prefer BTC better that Yuan.

[hunker_down]

Hope this is the case, the fact is that the cryptocurrency world took a huge hit and is coming back stronger.

If China gets on board then it's all steam ahead!

[amado88]

Sounds like good news for the community 

[PowerfulGuerilla]

Forbes article provides the political motivation behind the ban and hints about the possible revoke soon

https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/#5ca43cd97929

https://cointelegraph.com/news/chinese-ico-ban-may-end-after-oct-18-with-communist-congress-elections

Even if it's true, thanks to the ICO ban in China and so the closure of exchanges, the majority of the Chinese ICOs has probably re-located to other countries where it is legally accepted to deal with ICO projects and cryptocurrencies. Besides, I highly doubt that the ICO ban in China could be reversed, by the way. What for?

[unusualfacts30]

Interesting commentary. I was expecting to see something concrete. Nonetheless, good article.

At present and in the immediate future, however, the size of the Bitcoin economy is far too small to be a real threat to the Beijing government and the banking system it owns and manages.

[dolan564]

Sounds like good news for the community 

i guess the pull back was eminent and was going to happen eventually, healthy for markets to react this way. new ATH soon

[alyssa85]

I don't believe it. I think China has lost so much money with various types of capital flight that they're clamping down on all of them.

In a way it will be good to get the whole China thing done and ended, and then we can grow with these "china is going to ban bitcoin" stories we've had consistently since 2014.

[shenjing85]

Thank you for sharing these interesting article to me, I think the Chinese government will not ban crypto, they just want to stop ICO scams.

[tylerik1]

Oh what a suprise, China is not going to ban all the cryptos

[sakkosekk]

Sure
In a digital age and in a flat world like now, nothing can be banned
The Chinese government can not resist the development of crytocurrency