What if China ban was temporary

[the rise]

Could it be possible that China's ban fits in its plan to gain control on crypto market in China?
1/ To temporize during analysing and preparing a regulation
2/ To re-allow Chinese gov-compliant altcoins to the domestic market
3/ Finding a way to still mine BTC while avoiding its massive adoption, promoting an already existing or a newly created crypto

I see China wanting to make a special coin into a major conversion both from bitcoin and all altcoin. This is already done by japan, maybe chinese is a bit late because crypto business is rampant in their country, but ICO ban has strong motive to get there, I think it is not permanent and will be reopened if chinese crypto system is ready as soon as possible.

[Arkann]

The ban in China on the circulation of crypto currency and, as already seen, was temporary. Now China is gradually returning to the crypto currency market, but leadership seems to have taken Japan from Japan.

[susila_bai]

Could it be possible that China's ban fits in its plan to gain control on crypto market in China?
1/ To temporize during analysing and preparing a regulation
2/ To re-allow Chinese gov-compliant altcoins to the domestic market
3/ Finding a way to still mine BTC while avoiding its massive adoption, promoting an already existing or a newly created crypto

I see China wanting to make a special coin into a major conversion both from bitcoin and all altcoin. This is already done by japan, maybe chinese is a bit late because crypto business is rampant in their country, but ICO ban has strong motive to get there, I think it is not permanent and will be reopened if chinese crypto system is ready as soon as possible.

They not banned completely but they ban to get time so that they can regularize and make some rules to use bitcoin and invest in ICO In the interest of their public.

[Delisaara]

china has a big plan behind all this,I think china will not be able to leave the bitcoin for granted,
because China used to hold a very large bitcoin exchange,not as easy as chinese leave bitcoin.
we just wait chinese to survive to what extent.

[bitllionaire]

Could it be possible that China's ban fits in its plan to gain control on crypto market in China?
1/ To temporize during analysing and preparing a regulation
2/ To re-allow Chinese gov-compliant altcoins to the domestic market
3/ Finding a way to still mine BTC while avoiding its massive adoption, promoting an already existing or a newly created crypto

I see China wanting to make a special coin into a major conversion both from bitcoin and all altcoin. This is already done by japan, maybe chinese is a bit late because crypto business is rampant in their country, but ICO ban has strong motive to get there, I think it is not permanent and will be reopened if chinese crypto system is ready as soon as possible.

I think yes the ban can be as temporary and they may be working on it, because in modern time i think crypto currency have more importance specially for countries like Japan, China USA etc, and i am sure that their government may never ignore the fact, therefore we expect that the ban on Crypto currencies in China is temporary.

[Cryptolive]

Don't think much about china. If it is temporary or permanent that wont affect bitcoin badly as the effect of it has gone and nobody is thinking about it.It may affect positively but no negative effect from it. As you can see china banned many top companies.

[daenarys_stormborn]

I think if china really only do bitcoin banned temporarily, and then china will open the gate for ico and bitcoin again, then bitcoin price will rise high far, this could be just a strategy of china country, but no one knows what will happen in the future

[elliottflz65]

Why would this benefit China? Surely this doesn't change anything for them if the ban was temporary or not.

[Moujahid]

I think if china really only do bitcoin banned temporarily, and then china will open the gate for ico and bitcoin again, then bitcoin price will rise high far, this could be just a strategy of china country, but no one knows what will happen in the future

What's happening is the Chinese are frustrated that they can't appropriate BTC to the level they want.  That's been the history of western business ideas and China's reaction for decades.  We invent something and they copy it and try to absorb it and make it their own.  Can't do that with crypto.  There's a paradox here where the Chinese are excited about crypto and sense that there's something definitely powerful in it, but they don't fully understand the technical aspects of it.  They'll be back after they figure out how stupid this move is.  I'd make ANY bet on it.  Screen cap this and watch what happens.

[barhavsky]

if china ban temporary. i think it's good because china have big investor so they can invest in ICO.