china coming back ?

[wonderchaff]

what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of  new government or something like that i don't know correctly

[bujtar]

what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of  new government or something like that i don't know correctly

rumors, mid january comeback

[DeathAngel]

Almost certain they lift the ban imo. Their government won’t want to miss out on all the taxes that they can earn from exchanges & mining farms.

[iamTom123]

what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of  new government or something like that i don't know correctly

Well, there is nothing impossible especially if we are talking of China as these people are really good on projecting the power that they are holding. Seriously speaking though I don't want China to be back into the Bitcoin and cryptocurrency market on the basis that this country has been good in manipulating all of us. I have no ax to grind with its people but am talking here about their government...it is a government that can be saying one thing and without you knowing it doing something else behind.

We have already shown that Bitcoin can all survive and prosper without the presence of the Chinese market. Anyway, money from wealthy Chinese still find their way to the Bitcoin market as money just like water can always find the way. However, I am aware that China can also help push the value of Bitcoin towards the $10,000 mark.

[mekar sari]

Not only China is rich, but many other countries have hidden wealth that is not very visible, and bitcoin prices will continue to grow due to the growing interest as time passes, and this price grows naturally.

[darkangel11]

The Chinese traders haven't abandoned BTC because of the ban. They moved. You could see that in both the price and volume. When the rumors were confirmed there was a selloff, but not big enough, meaning that they haven't sold, they just stopped trading and moved the coins to other exchanges. Not long after the volume in Japan and Hong Kong went up drastically. If China comes back we'll go up again, but it won't be huge because like I said they are already trading.

[dothebeats]

They're gonna lift the ban. Most Chinese businessmen wouldn't let this phenomenon pass and milk the hell out of bitcoin as long as they can. Some bitcoin traders I know of that came from China move to a more bitcoin-friendly Japan as of the moment to still be in the action, so that itself speak volumes that the Chinese still want to get involved in bitcoin no matter what the cost may be. PBoC might come back to state that they are now lifting the ban though certain regulations, this time stricter, are in place for any potential bitcoin scam that may arise.

[mobnepal]

Without any strong source any news/updates coming from china is just fud/hype, we have seen hundreds of them in past.

Its better to wait and watch, if you are just linking this with recent bitcoin price boom than I think this is unrelated. Currently price is pumping because of upcoming fork which might split bitcoin community into two distinctive half.

[Cart]

I think there might be some bad news, they acquire all the coins cheap and then it moonshots afterwards. Might be in Dec/January

[arlinxoha]

Yes, I have heard this news too. But I do not know anything about this. If China comes back to Bitcoin, then I think the price of BTC will be increased. Because China's contribution to bitcoin is much more. So China has a lot of influence in bitcoin. We hope China will come back to bitcoin again.

[harizen]

what do you think ? it is possible ? do you have some informations ? I read few articles which claims it is possible because of  new government or something like that i don't know correctly

Can you give the links of that articles or news? As far as my research is concerned I can't find any articles regarding that or maybe I just missed.

With the bitcoin price surging at above $6,000, it gives hopes that China will modify their regulations about cryptocurrencies. Maybe a sign of come back? Who knows anyways.

[subSTRATA]

Almost certain they lift the ban imo. Their government won’t want to miss out on all the taxes that they can earn from exchanges & mining farms.

as much as im sure the chinese government would love all that tax money, i'd think the very idea of bitcoin goes against their desire to maintain control, it being decentralized and all that. the chinese regime has been an authoritarian one for years, and i dont think they'll come to accept bitcoin without some sort of means to control it, or at least their population's usage of it.

Without any strong source any news/updates coming from china is just fud/hype, we have seen hundreds of them in past.

Its better to wait and watch, if you are just linking this with recent bitcoin price boom than I think this is unrelated. Currently price is pumping because of upcoming fork which might split bitcoin community into two distinctive half.

rumors will always just be rumors, but it always seems that at least 95% of the people here either take rumor for fact, or blow everything out of proportion (or both) when they hear something. you've just got to filter it all out. as far as the fork goes, it likely is the reason for the price spike; people are getting really hyped up about the potential for improvement it seems.

[Coin-Keeper]

One thing to note is that BTC has done just fine without China directly involved.  I think its "egg on their faces" in a way.  We don't need them and values are fine along with trades moving OK.  Forks are behind us now (mostly) and we are on the march.  Sure if they want to come back fine, but we don't need them here to make coin circulation work.  In the past China had a case of over-estimating their value to BTC.

[Rozita]

As far as I know there is no official announcement till now. There are only some rumors with no source. But I personally think that China will lets the citizens to use Bitcoin. They want to legalize it.

[iSkyCastle]

Personally, I believe Chinese government banned crypto and ICO, to implement all necessary regulations. So when China returns, it will only be a more matured market for ICO, etc.

[Hanablue]

They will come back for sure, See without China bitcoin reached at 7k, China thought they will destroy the bitcoin but what happened was the complete inverse. Now China must be regretting.

[matuson]

I'm not interested in going back to China or not. You that bad now? I don't argue with the fact that China has a serious impact on the price of bitcoin, but this influence is not critical. If China remains in the game, we get a bonus of several thousand dollars to the price. If not then we'll get to later. The main thing that we will get them anyway.

[Sirait]

Not only China is rich, but many other countries have hidden wealth that is not very visible, and bitcoin prices will continue to grow due to the growing interest as time passes, and this price grows naturally.

Bitcoin rise at the moment I do not think it's natural like there's an actor behind the current Bitcoin hike,
it's rise is incredibly fast, whoever the actor behind this Bitcoin Pump would have wanted Bitcoin to be known all over the World ...

[thebanker28]

I think because the National Congress of the Communist Party of China ended a week ago the government will now be free to move forward with their agenda. I think they acted partly because of this congress and partly because ordinary people in China were getting ripped off in scam ICO's. There will likely be more "control" in the future but it is inevitable IMO that sooner or later they will be back officially.

[wonderchaff]

Maybe it’s not just China who become the richest country in this world, china is famous with the most population in this world. Few months ago China’s ICO closing affected bitcoin’s value to dip but now the value has recovered from China’s influence

really ? man this is so old post