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Author Topic: October - China back in the game ?  (Read 3570 times)
Bay_Harbour_Butcher
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October 05, 2017, 03:20:41 PM
 #181

I really hope china can get back into the world of ico and bitcoin again, because it is in pity as one of the largest and populous country, not even allowed to access bitcoin, hopefully china can comeback

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October 05, 2017, 07:48:23 PM
 #182

Maybe China just took a break from ICO. And if this is true, this is a good news. Sometimes it's a good move to take a break and start again from better results.
With the current forking for Bitcoin taking place in a few weeks, there should be a little bit of an aggressive purchasing volume from China since people there want to make money on this as well.

 
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October 05, 2017, 08:46:23 PM
 #183

Maybe China just took a break from ICO. And if this is true, this is a good news. Sometimes it's a good move to take a break and start again from better results.
With the current forking for Bitcoin taking place in a few weeks, there should be a little bit of an aggressive purchasing volume from China since people there want to make money on this as well.


Any confirmation yet, this fork is for sure gonna happen? Sofar it has been extremely quite around this topic?!

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October 05, 2017, 08:49:49 PM
 #184

I am also interested in this topic. Do you think that BTC will go down with hardfork?
And probably if BTC will go down, all or most Alts will follow.
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October 06, 2017, 09:02:48 AM
 #185

Could be another reply of August 1 scare, goes down then goes ballistic.  Grin
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October 09, 2017, 10:54:46 AM
 #186

Could be another reply of August 1 scare, goes down then goes ballistic.  Grin

There won't be any replay of July and August. After 1st August holders of BTC made huge profit and also received BCH that added a lot to that profit. So I think now not many will fear the fork, I think many will want to get free BTC Gold and will exchange alts into to BTC to get a hold of as much BTC Gold as they can. So the price of alts will drop and BTC will go up. It's seems it's already happening. I just think they might be disappointed after they see the pice of BTC Gold might not get even nearly as high as it was with BCH.

And there was also some good news published yesterday about regulations in China. Well it's not really a news more of unconfirmed speculation, but still it adds some positive fundamentals.

https://themerkle.com/china-state-news-hints-at-bitcoin-exchange-licensing-resumed-crypto-trading/


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October 09, 2017, 11:27:09 AM
 #187

yes they are back in the game until the next operation, they will ban something else / invest / hold / resell = jackpot
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October 09, 2017, 11:31:35 AM
 #188

At the moment, the country owning 70% of the production capacity of bitcoin is in stasis. I think any fluctuations in their market, total ban or denouement of hands will lead to instant changes in the price on a global scale.

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October 10, 2017, 10:39:33 AM
 #189

I hope so too, with the return of chinese, then btc will be more advanced again, and everyone there will be happy because most Chinese people are btc users, so their financial problems will also improve.

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October 10, 2017, 10:45:58 AM
 #190

The return of the Chinese will possibly happen after the fork. They will take advantage as much as possible of the situation and make a ton of profit. I think they are going to accumulate more BTC than any other country combined and by having the biggest mining sites they will control a great deal of BTC rates, supply and need.

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October 10, 2017, 12:38:02 PM
 #191

The return of the Chinese will possibly happen after the fork. They will take advantage as much as possible of the situation and make a ton of profit. I think they are going to accumulate more BTC than any other country combined and by having the biggest mining sites they will control a great deal of BTC rates, supply and need.

There's a speculation they they'll life the ban somewhere in later oct, after some elections there, tho it's not for sure. The ban wont stay there forever, that ban just might put off some bigger investors but people here and there would find a way to profit from their btc even tho the ban is not lifted.

p.s. What's with Russia shutting down internet exchanges all of a sudden? 

Need some spare btc for a new PC that can at least run Adobe Dreamweaver.

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October 10, 2017, 12:45:54 PM
 #192

The truth about China is this; China is using it's population and new found wealth of it's economy to manipulate Western technologies and breakthroughs! The irony here is that China actually copy and pirate some of this tech. Unfortunately, Bitcoin can not be pirated! It is China's loss if China opt out of crypto!

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October 10, 2017, 01:34:34 PM
 #193

The truth about China is this; China is using it's population and new found wealth of it's economy to manipulate Western technologies and breakthroughs! The irony here is that China actually copy and pirate some of this tech. Unfortunately, Bitcoin can not be pirated! It is China's loss if China opt out of crypto!

Actually this is wrong. Bitcoin can be copied. You can fork Bitcoin blockchain unlimited times for various reasons. If they want to make their own chain they can do that pretty easy. It would be highly centralized though. Only governments want that, not ordinary people.

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October 10, 2017, 01:58:14 PM
 #194

when you called name of China, i expect to see and hear that happening really different things. whatever happens, they have very huge power on many issues. i believe that quiting, backing etc. are part of the their plan in this market. 
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October 10, 2017, 02:05:28 PM
 #195

Oh, great news. But, I think, it was predictable.
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October 10, 2017, 02:30:09 PM
 #196

They are released bad news of bitcoin so they can buy cheap bitcoin, they do the tricks many times since 2013, its not a fresh news if they gonna play with btc again but I think btc will be better without them.
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October 10, 2017, 02:34:07 PM
 #197

China was only 1 day out of game. They are back in game after first shock. They found ways to buy and trade bitcoin very fast.
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October 10, 2017, 02:51:59 PM
 #198

China inside again.. Russian go away ?
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October 10, 2017, 03:04:44 PM
 #199

Oh, great news. But, I think, it was predictable.
China goverment play the game like JPMorgan did
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October 10, 2017, 03:18:23 PM
 #200

very unfortunate this is only a rumour but i have recently reading the article that Okcoin and Huobi would be permitted to continue to operate until the end of October to continue to process withdrawals but i think we no need china because after this country declare to banning ICO and cryptocurrency exchange as you can see now bitcoin pretty strong from the price also was so high
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