Moujahid
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October 12, 2017, 12:32:36 PM
Last edit: October 12, 2017, 01:01:06 PM by Moujahid |
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And now russia also bans bitcoin exchange, all this things happened because cryptocurrency is on its phase of mass adoption in mainstream and i believe more and more country will follow from now on, and i dont consider this as fud inteads this is a positive implication of whats gonna happen in the future! Mass adoption
There is no sign of other governments doing what China is doing. China seems to like to be friendly to bitcoin then releasing news that crashes the market. They MUST be doing a lot of insider trading. They'd be crazy not to. They don't want to destroy bitcoin though since they're making so much money. I think BTC china is just providing China with some chastisement for their constant cycle of FUD by leaving the market. China doesn't want to be left out of crypto currencies and crypto assets going forward so I think it's doubtful that they want these exchanges to close down. I think eventually they will want to issue a government crypto currency the same way Russia is planning to. I'm very bullish on Bitcoin and crashes like this are just part of the bitcoin game. I'm down more than my yearly gross income since the high of a few weeks ago but I'm not worried. |
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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beatleap
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October 12, 2017, 12:39:07 PM |
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Even if this has happened it really hasn't had that big of an impact on bitcoin itself look at the price you would think such a big country would make more of a dent
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rowbot
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October 12, 2017, 12:49:41 PM |
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They ban it because cannot control. Regulators make a lot of money. and if you dont pay to regulators, avoid taxes, big guys cannot buy another superyacht  BTC and ETH will be growing imho |
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willmunte
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October 12, 2017, 12:52:43 PM |
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No problem, they forbid just to do better bitcoin, they will manage Bitcoins, ICOs and altcoins just to control them and help them go the right way.
No one can stop the cryto currency
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ekoice
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October 12, 2017, 01:09:14 PM |
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Just add russia also to that list now.Russian president has also blamed bitcoin as a pyramid scheme.He has said that bitcoin is used for money laundering and illegal activities.Following this,the central bank of moscow has decided to ban all bitcoin exchanges through out the country.I think that these countries have thought that only combined action at the same time only would stop bitcoin's progress.
But the truth is entirely different.Nothing is able to stop the progress of bitcoin.Its marching towards ATH without bothering these bans.So,don't get panic.As you have said,there is no price fall.so,just hold it.
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kevinzxz
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October 12, 2017, 01:23:30 PM |
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no problem china and south korea want to block bitcoin, certainly bitcoin will not die because bitcoin have many fans from there bitcoin can be famous and survive until now. so I remain confident and trust to invest in bitcoin
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Lenzie
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October 12, 2017, 11:52:10 PM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC...  Try to look at bitcoin back in september and today. If you buy more during the China issue where it falls, you could have been profiting a lot by now. If ypu lose hope and sell everything, you might now be regretting. If you are a safe player and just hold your so called "investment" then congratulations, you might have been laughing at those who believe in the news and the speculations of some people that china would cause the downfall of btc. |
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Mike Mayor
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October 12, 2017, 11:56:43 PM |
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ICO is bit a scam. It's a method. Done Drvs abuse the method. Doesn't mean the method is a scam. Ico is exactly that a way to distribute currency. It was never ment to be abused but of course s scammer will abuse and take advantage if anything in order to make a quick profit at the cost if others. Just be very careful. Not everything is a scam and bit everyone is a scammer. But practice great care even when bit dealing with ICO. |
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malikusama
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October 19, 2017, 06:20:33 PM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... Its upto you mate, you have the choice because it is your own money. Well you can observe that China's ban doesn't strongly effect the bitcoin price because bitcoin isn't dependent on a particular country or state. Bitcoin community is now grown and spread all over the world, and due to the legalization in big countries its worth have increased much more. Soon it is expected that China and South Korea will lift their ban. |
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Ariess
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October 31, 2017, 04:45:02 AM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... the story of china is different from south korea. china is so strong it shakes the bitcoin value down, but not with south korea. but anyway bitcoin still survive, and see now its value .. without the two countries bitcoin able to rise beyond what we imagine. |
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kenkoy
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October 31, 2017, 10:55:19 AM |
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There are China, Russia, and South korea to ban Bitcoin exchanges. However, there are also other countries who are putting their foot ahead on Bitcoin, US, Switzerland, Aussie, and now IRAN. https://news.bitcoin.com/iranian-government-bitcoin-use/That is why the Bitcoin value is not really turning down the slope as there are countries who appreciate the potentials of Bitcoin. If you are skeptic about Bitcoin, then dont invest on it. Investing on Bitcoin needs a lot discipline to control your emotions as value is not always high. BTC market is very volatile. |
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Appyaak
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October 31, 2017, 11:07:21 AM |
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Any country will ban ICOs because it is not a legit way to raise funds sooner or later,South Korea and China went ahead and did it. ICOs might come back if the company/organisation ask the specific government of the country they reside in to raise the funds in,but still you cannot be sure what will happen. Sometimes ICOs are scam and sometimes they are good for investment. I don't know what will happen in the future when ICOs are asked about. Just want them to be there since I personally get benefited some times.
As I know the banned only BTC, not ICO. But I agree with you, they should make rules for the international ICO's regulation |
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Bastime
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October 31, 2017, 11:11:50 AM |
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I do believe countries were trying to regulate the expansion or the operation of crypto currency in general, other than l they require rules and regulations to protect their sovereign fiat currency.
Actually China isn't banning crypto currency and you can even use Bitcoin and Altcoins to purchase products and services payments but they have implemented a very strict control over exchange operators and operators cannot give their government's requirements that's why Chinese exchange operators are seeking license to operate outside mainland, that is Hongkong and Japan.
In Korea in the other hand, they are now building their own crypto currency and still have implemented a very strict regulations to other exchange operators.
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newlone
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October 31, 2017, 11:12:42 AM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... I think you should keep, it as it may not drop in the near future and it will continue to grow strongly. |
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marcbitcoins
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October 31, 2017, 11:17:55 AM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... Buy more or keep hoarding are the best choice if that what did you did. After surviving these challenges to include this coming Segwit2x, bitcoin will nothing to prove anymore in which all people will trust bitcoin as the most promising kind of investment that ever exist resulting to bitcoin value will continue to increase and become more strong. |
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ivrynx
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October 31, 2017, 12:00:53 PM |
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This is just history repeating itself, it is known that there are a lot of Bitcoin users in South Korea, and I think banning ICOs in South Korea is a result from the Bitcoin gold fork, since the value of Bitcoin went high and all altcoins went down, but I don't see south Korea banning Bitcoin itself. I think we all know what to do next, if negative news like this created panic again, just what had happened last time with China, it is better to hodl and but more. But looking at the trend, I think there are fewer weak hands that we have right now, since the price of bitcoin is still rising, and hopefully it reaches a new high.
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poletando
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October 31, 2017, 12:07:29 PM |
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i suggest you to do it by yourself, don't ask people because you will regret it someday because people decision that you believe maybe is not like your speculation maybe its will be great and it will be bad, so all is yours, you need to make your decision by yourself
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btcprospecter
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October 31, 2017, 12:11:40 PM |
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I cannot see why they would ban bitcoin. Ico on the other hand can be a difficult problem as there are some that unscrupulously scam people this is where the problem is also with icos being offered every other day it does have a big impact on the market.
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Bukx
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October 31, 2017, 12:42:19 PM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... i even still not get income from bitcoin then china and korea was banning bitcoin, i am afraid with this situation. Maybe this is mistake.. as i know, china not banned bitcoin but banned ico. China thinks ico is scam. Its scamed their citizen so thats why they banned ico. |
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CuriousGeorge
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October 31, 2017, 12:44:24 PM |
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What should we do keep your bitcoin, sell it, or buy more? now because I am a little skeptic, but I can see that there is no decreasing value of the the BTC... i even still not get income from bitcoin then china and korea was banning bitcoin, i am afraid with this situation. Maybe this is mistake.. as i know, china not banned bitcoin but banned ico. China thinks ico is scam. Its scamed their citizen so thats why they banned ico. China just think that if they let all these ICOS going around through their region without even regulated by them, all their citizen money will be stolen by possible scam ICO. That's actually good to keep their citizens from the possibility of getting scammed by unquality, scam ICO, but the biggest disadvantage is that, their citizen can't have the chance of investing into some projects. |
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