What if China ban was temporary

[Wipro]

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

It has been implemented in China to manipulate the bitcoin none other issues bro. Soon they taken off this ban and they will use the bitcoin also legal in their location. Some of the people feel fear because of this ban and bitcoin value goes to 2k back but it will never happened since we are seeing more adoption on bitcoin and ethereum recent days. Let them regulate slowly.

[1715249341]

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[stompix]

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

Them claiming the ban was temporary and bitcoin or bitcoin exchanges or ICO's are legal again will be the worst thing possible.

The only certainty we have at that moment is that we will get another round of them "banning" bitcoin again.
No!And no again!

This circus must stop once for all.
Bitcoin is now in the same price range, everyone has got over the initial shock, everything is still fine even without China, so let's stop.
The wanted this "ban" now let it be "banned" till the great wall crumbles.

[pitiflin]

Yes even I heard the rumors stating that the ban was temporary and China wanted to scare people by making a statement in the form of banning ICOs and exchanges. Though I don't know what is going to be the state of ICOs in china and South Korea ,but exchanges they will be back. And if china comes back before October 10 ,that's what rumors and sources say,the price will increase again. So why not I am ready for it.

[maciak]

I dont think what is temporary

[razzbee]

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.

Yea, I think so too

[lalabotax]

maybe i do not agree with what you think. it seems that china is serious about not re-engaging, as chinese backgrounds tend to adopt more or make duplicates similar to bitcoin to apply in the country

[razzbee]

maybe i do not agree with what you think. it seems that china is serious about not re-engaging, as chinese backgrounds tend to adopt more or make duplicates similar to bitcoin to apply in the country

but do you know they did banned it before and lifted the ban, but I have also heard about the background coin China is supposedly is creating.. but time will tell

[mevmike]

For me it is not really important if the ban China has created is temporary or not.
But i just wanted to point out that whenever they will lift the ban again.
They should not be doing another ban on any other cryptocurrency dealings in the future.
Because by doing this decision making of banning then withdrawing it again would give their government leaders weak image around the world.
I believe that as a leader you should be firm with your decisions.

[Social_Cryptonetix]

We already reported this thing on our blog! There is every chance that this ban is only temporary and over next few months, it could be a reversal in this decision. But, there is no one who can say anything either way with certainty.

[manchester93]

We already reported this thing on our blog! There is every chance that this ban is only temporary and over next few months, it could be a reversal in this decision. But, there is no one who can say anything either way with certainty.

It's anyone's guess at this point. The CCP and PBOC are incredibly cryptic when it comes to new regulations. At least one official has suggested the ban is only temporary, but that doesn't mean anything in the scheme of things. There is often internal disagreements and power struggles in such Party deliberations.

In regards to cryptocurrencies, I suspect the exchange ban is temporary, and we will see licenses and regulation forthcoming. With ICOs, it's anyone's guess.

[prehisto]

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

First of all the China influence is almost* gone, the market now represents  all other countries combined. And it is doing very well.
Second. China will definitely come back in some level because it si just plain stupid not to. This is too big industry to do so.

*there should be considerable amount of Chinese players in the market right now who are bypassing this ban.

In case of good news from China, it would wonderful for all of us who are invested.

[sofi@]

I'll be not surprise if one day China will decided to adopt bitcoin in their economy because seeing the stability of bitcoin nowadays it is very likely that bitcoin will have a big part in the global economy specially now that it is accepted world wide. I think China will realize that they need to adopt with the growing technology.

[marky89]

I'll be not surprise if one day China will decided to adopt bitcoin in their economy because seeing the stability of bitcoin nowadays it is very likely that bitcoin will have a big part in the global economy specially now that it is accepted world wide. I think China will realize that they need to adopt with the growing technology.

Maybe, but I'm fairly certain that isn't the plan right now. The government definitely realizes that Bitcoin and blockchain technology is here to stay. That's why there is a smartphone app available called "Blockchain e-Wallet" that was designed by the Bank of China, according to cnLedger. It will be linkable to Bank of China debit cards. There's no evidence that it will compatible with real cryptocurrencies like BTC -- I imagine it won't.

I guess those who believe that cryptocurrencies are merely payment rails might actually fall for such apps. Maybe that's the point.

[Bitcoincole]

I'll be not surprise if one day China will decided to adopt bitcoin in their economy because seeing the stability of bitcoin nowadays it is very likely that bitcoin will have a big part in the global economy specially now that it is accepted world wide. I think China will realize that they need to adopt with the growing technology.

Probably china banned temporarily the bitcoin because they wanted to regulate the ICO's. This stragegy might result to a low exchange rate. As soon as china lifted the ICO's they havr already a savings for as to invest in any forms of investment.

[Mr. Legendaris]

Banned temporarily or permanently I think it does not matter because bitcoin users are spread evenly around the world and I'm sure users from China are also easy to transfer bitcoin to other countries because bitcoin can be stored in web wallet.

[aencarnaci]

The might just be manipulating the market..

Chinese give loss to the market and if they are temporary or permanent now there is no place for them into bitcoin they can join as investor and in future they will never ever to think about harming it and holding price in their hand bitcoin has proved that china is nothing and china will regret about their decision and will beg to join again.

[Konthol Ngaceng]

we are waiting for this and this is a tough test for bitcoin, of course many bitcoin users in china are panicked and will sell any bitcoin price, may the Chinese government cancel the permanent banned plan.

[MostHigh]

China i strongly believe will be temporal and if so will come back even stronger to boost the market. But if china decides to stay out for long or ever still crypto world will grow and the market in China will just relocate to a hospitable region and China will be the looser in the long run. The government knows about this and i believe they will do all they can to get back involve.

[Pandacomel]

If China ban at temporary . The prices in market will droped down . Many miners will lost they profit if China ban it. That will be more worst and make the prices in market trader from green colour changes to red colour.

[XE14]

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