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Author Topic: What if China ban was temporary  (Read 1556 times)
dasdo
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October 03, 2017, 03:28:02 PM
 #61


I am inclined to think that this ban is really a temporary phenomenon. Moreover, news is already coming out about the lifting of the October 18 bans and China's crypto currency regulation. So everything will be fine, especially in the long run.
MMysterious
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October 03, 2017, 03:31:41 PM
 #62

I think most of the traders or even people here in this community are thinking the ban was temporary and just putting a stir on the present situation so the price of bitcoin will dump and giving opportunity to those investors to buy a much cheaper price. I really think it was their tactics to cause a commotion about bitcoin and its exchanges.
Taki
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October 03, 2017, 03:33:35 PM
 #63

I am sure that banning of ICOs in China is just the point of the time. They just didn't know what to do with all those projects, many of which are just clear scam, so they decided to ban it at all till the right decision about ICOs and exchangers control will not be accepted.
For now other countries moved by the same road as China. But I think it's only cause of crypto-world is developing and changing fast, but law system inside of those countries not.
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October 03, 2017, 03:37:01 PM
 #64

The might just be manipulating the market..

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October 03, 2017, 03:41:29 PM
 #65

If that happens, I bet the price of Bitcoin will spike to its new all time highs. Sooner or later China will have no choice but to join the community of the future digital currencies.
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October 03, 2017, 03:49:12 PM
 #66

I think even though its value will increase again, it will also be gradual and indirectly high (now it is already high). in some of these stages we can get a lot of profit if we can choose the right moment. and I think we're late for investing right now, because bitcoin has started to return to its normal price.

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October 03, 2017, 03:57:36 PM
 #67

If that happens, I bet the price of Bitcoin will spike to its new all time highs. Sooner or later China will have no choice but to join the community of the future digital currencies.
I also think that china banned bitcoin was only temporary because it doesn't make any sense that banning bitcoin in their country that affects bitcoins price to decrease. I think china banned bitcoin temporarily is they would still like to join and use bitcoin.
Denies
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October 03, 2017, 04:14:55 PM
 #68

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


yes, i always think like that, let alone china plan want to decrease bitcoin value does not happen ,. once korea catches up, there is no symptoms whatsoever about the decrease of bitcoin. so for me they will be back again on bitcoin and blockchain.
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October 03, 2017, 04:16:22 PM
 #69

I also think that this ban was temporary, and soon China will remove it. I also want to save Bitcoins until this time, because I think that the price for it will immediately grow.
ilovefeetsmell
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October 03, 2017, 04:56:41 PM
 #70

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 hope so, china will ban the ICO temporarily. China has the big contributions on the ICO and a large amount of users and investors of ICO. It is a massive price increase for the passive users and buyers. Great news to all of us, big opportunity big money we can get.
When they will announce the ICO unban in their country. Excited for the comeback of China in our crypto-community.













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Ariess
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October 03, 2017, 04:59:10 PM
 #71

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



we have discussed this with some members of the facebook group.
I have confidence, that china is not really with the ban, yes as you say it is only temporary. let's see what happens next.
Destroyeroff98
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October 03, 2017, 05:03:57 PM
 #72

If China lifts the ban, then most likely bitcoin will "take off" in value.
I think this is a short-term ban and China will soon be on the market.

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October 03, 2017, 05:11:44 PM
 #73

The recent scenario of China banning ICOs resulted in a great downfall of the value of bitcoin.It almost dropped by a whooping amount of $1000.This left many bitcoin users shocked and created a lot of panic due to which many of the bitcoin holders sold their bitcoin.
If this ban turns out to be temporary then the bitcoin value will rise for sure. The price could even reach $6000 perBTC.
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October 03, 2017, 05:46:48 PM
 #74



maybe you are right, but anyway china ban has made us see how china attack bitcoin and play massive rumor, maybe they will come back? Let's see

smith136
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October 03, 2017, 05:50:27 PM
 #75

that is a good news for us if that is the case, maybe they just want to get rid of those ICO scam afterall. China has been a great market for bitcoin so if they lift the ban on bitcoin it might cause an uproar there, chinese people will make a comeback to the market and i can fairly see that bitcoin might go $5000 at the end of this year.

ahmad21
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October 03, 2017, 05:53:24 PM
 #76

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
The whole world is thinking so. Yes this can be a possible explanation for the ban but still there is no specific date as to when this is going to happen. Days, weeks or months who knows?
carlfebz2
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October 03, 2017, 06:16:00 PM
 #77

Not really news, it's pretty much what everyone has been thinking so far. They only want to be sure to stay in control and thus they wanted to regulate it first.
This is the thing on which most people do really think off.Even myself do believe that those banning incidents or news are just really temporary they cant really impose a total ban since they know they can able to benefit from it and the main thing they do really want from here is they would able to control such thing.They do love to regulate anything as they like.lol

happyme1818
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October 03, 2017, 06:25:26 PM
 #78

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
We already expect that to happen because they already do that before. They think they can manipulate bitcoin but they failed.It will surely lifted because their action didn't made a huge impact in the price. As long as Japan is on our side,China will have a hard time crashing bitcoin price.
william8829
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October 03, 2017, 06:29:33 PM
 #79

If it is temporary then this is good news.  China is a huge country with a great deal of wealth.  Its economy is growing fast.  I hope that China will end its ban on exchanges soon.
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October 03, 2017, 06:29:50 PM
 #80

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.
i would like to hope that it's an interim ban until the regime can figure out its definitive stance on bitcoin and how exactly to regulate cryptocurrency related items in order to provide an safe environment for its users. however, knowing china, that's probably the less likely of the possibilities. as for banning ico's, i think that's because the chinese government doesn't exactly like the idea of a decentralized project that they have near zero control over. i have doubts as to weather or not the price would go up in the case the ban would be lifted though, it might be lifted with harsh restrictions that might as well be worse than a ban. honestly wouldnt put it past the chinese government to do such a thing.

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