What if China ban was temporary

[jorneyflair]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

It doesn't really make sense to me why they would want to ban ICOs or bitcoin exchanges. I mean it has nothing to do with its upcoming party convention whatsoever. I feel like this is probably going to be an indefinite ban.

However, if it was temporary, and when it is lifted, then price will defintiely go straight up.

There is no doubt about it. People are already extremely bullish now, they'll even be more bullish when that happens.

[ProGamerJojo]

Doesn't really matter if China  keeps the ban on ico's. As long as they'll leave Bitcoin alone

[magneto]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

China actually didn't ban bitcoin so i'm not sure what they are referring to here. It is likely that they got bitcoin and bitcoin exchanges mixed up since China has only recently banned ICOs and forced bitcoin exchanges into closure, but not bitcoin itself. This is proven by the amount of sell and buy ads on loclabticoins that are still active.

Anyways, this could well be temporary. They could in future find a way to effectively regulate bitcoin exchanges or ICOs and allow them to exist once again. However this definitely depends on the government and what they are planning on doing. We can only pray for the best.

[Michael_Token]

Crypto technologies brings jobs and economic opportunities to China, via mining, ICOs, new coins ...

So I think  they will just regulate crypto activities.

[newlone]

If a temporary ban from china is issued that would be a great opportunity for many investors at the moment, they can buy BTC cheaper than normal and hoard it for future. But that is something some investors do not want to happen because it has so much risk and they fear it.

[ProGamerJojo]

They're probably working towards ways to better regulate it and setting up the required facilities to oversee it. So yes, I think it's probably a temporary thing.

[weredo911]

temporary or not. we shouldn't care China anymore. Many China trader has use news to control market like this many times.

[no0dlepunk]

What if? - I honestly don't care too much anymore. About a month ago, I didn't know what will happen to my career since I had left my day job and focused on bitcoins and writing blogs. Currently, I am exclusively earning bitcoins and what happened a month ago had bring so much pain in my ass. However, after that catastrophe, I became more confident with bitcoins and realized that its not only China who plays this game that I am playing - I also have South Korea, Japan, and India. So if ever I read another news about China and Bitcoin, I wouldn't give a damn anymore. Price might pull down a little but as I have said, I became more confident with bitcoins now. No offense to the Chinese.

[wowanstrong]

I am sure that the ban in China is temporary. China is a very powerful country and it will not want to give up the modern currency of the future, they just want to control it.

[sishahid]

There may be many reasons for bitcoin banning. We can not tell anyone why Bitcoin has been declared illegal in China. There may be links to many things. There may also be political reasons. But we do not know the real facts.

[50ouncebrew]

China ban can be temporary or not. It is up to them. That is the beauty of free markets. Thing is Bitcoin is unregulated so it will continue to act that way. It'll give me a chance to buy them for cheap.

[cherrymobile]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

If china ban bitcoin i know and i sure that the value of bitcoin goes down but bitcoin increase again becuase many investor will invest to bitcoin becuase many investor want  to invest if the bitcoin will decrease becuase decreasing value of bitcoin wis the best day to invest.

[Panah Arjuna]

I think that the ban may be temporary as well.
It is possible that China will continue to ban the use of ICO "or at least the questionable / fraudulent"
But gradually allowing exchangers to start operations again after establishing uniform rules and regulations.
It does not make sense for China to want to ban bitcoin entirely, especially if they can not find a way to exploit it financially, perhaps through taxes / fees or by simply trading the crypto-escalation itself and playing in the market....

[brickafterbrickwalldpt]

Nothing surprising, they know it's not the best decision to ban it entirely.

[FrankNoland]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

I saw this coming, and it was so predictable. I don't want to mention names but there are some organisations which are just trying to manipulate the market so that they can go in very hard when the values are lower bearing in mind that when the value begin recovering, they start making profit.

[JohnBitCo]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

If china perm-banned or temporary ban the ICO ,It will not effect on bitcoins neither there users. We can still survive without China. Same as north korea even they banned Bitcoin still we're using bitcoins and its functions. We should avoid reacting to such news every now and then, as these negative news for bitcoins are becoming more popular these days

[salmanahmedone]

China ban can be temporary or not. It is up to them. That is the beauty of free markets. Thing is Bitcoin is unregulated so it will continue to act that way. It'll give me a chance to buy them for cheap.

It is temporary, and that has been said more than 800 times in the media in China! It has been mentioned here over and over and it has been said in the press over and over. China is simply not that into the crypto thing and it is one of hundreds of regulations government things they are dealing with and the results are going to be the same as always, meaningless in this world.

[X-ray]

China ban can be temporary or not. It is up to them. That is the beauty of free markets. Thing is Bitcoin is unregulated so it will continue to act that way. It'll give me a chance to buy them for cheap.

It is temporary, and that has been said more than 800 times in the media in China! It has been mentioned here over and over and it has been said in the press over and over. China is simply not that into the crypto thing and it is one of hundreds of regulations government things they are dealing with and the results are going to be the same as always, meaningless in this world.

Yeah, that's it, tired of all these stupid news that still going around over this forum, even the news itself have been repeatedly mentioned that the ban is temporary and people still think that this information is a thing.
The closing down of many exchanges in china is also not because of this ban but more about they can't fulfill the "strict" rules which china recently released.

[razzbee]

China ban can be temporary or not. It is up to them. That is the beauty of free markets. Thing is Bitcoin is unregulated so it will continue to act that way. It'll give me a chance to buy them for cheap.

It is temporary, and that has been said more than 800 times in the media in China! It has been mentioned here over and over and it has been said in the press over and over. China is simply not that into the crypto thing and it is one of hundreds of regulations government things they are dealing with and the results are going to be the same as always, meaningless in this world.

Yeah, that's it, tired of all these stupid news that still going around over this forum, even the news itself have been repeatedly mentioned that the ban is temporary and people still think that this information is a thing.
The closing down of many exchanges in china is also not because of this ban but more about they can't fulfill the "strict" rules which china recently released.

I think the main aim was to shut the exchanges down by drafting strict and hard to follow rules, because if you need something to stay , you will provide flexible rules instead

[jc89]

According to a post by Forbes, The Chinese ban might be temporary because they want to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. So if the ban was to be lifted today or anytime soon, how prepared would you be to make a great opportunity out of it since it only means two things, a massive price increase or decrease

Source:  https://www.forbes.com/sites/panosmourdoukoutas/2017/09/25/why-chinas-ban-on-bitcoin-may-be-temporary/2/#1c8055057d09

That's what almost everyone of us here thought the first time we heard about bitcoin ban in China. Because we know how they are trying to manipulate btc as they please. That appeasing international agencies is just one of the reasons they've come up with to excuse their actions and I'm not buying any of it. They can support, ban and support btc again how many times they want. I'll just mind my own business and keep on investing.