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Author Topic: Do you want China be back into Bitcoin?  (Read 2188 times)
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November 10, 2017, 07:55:05 AM
 #21

Im hopeful china dont come back into the game, If they come back then more than likely the price will rally higher than it is now or has been before but then china will ban it again. We will end up back to the heavy swings up and down, at least for now without china weve had a steady growthe in price without any rumours to bring it back down. China will change that.

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November 10, 2017, 08:15:47 AM
 #22

It is nice to see that all countries will adopt bitcoin in their economy so that it's legality will become world wide this will also help people to use bitcoin anywhere around the world, they can travel even without fiat on their wallet the transactions will also become fast and convenient and that time will come we will be having only one currency and the economic growth will be equal to all countries.
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November 10, 2017, 08:18:18 AM
 #23

Why not? We all want to benefit with the bitcoin market and if they ever comeback again expect the price to surge but also expect there will be a manipulation. And that manipulation that's happening is we are all aware about that since we used to the market that way.



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November 10, 2017, 08:22:12 AM
 #24

Bitcoin does not care about politics and geography. If China wants to be isolated outside of Bitcoin, it is not important.
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November 10, 2017, 08:23:17 AM
 #25



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...


very profitable if chinese return to bitcoin, bitcoin selling price value will increase in because china have good economy and good system.
hopefully chinese will go back to bitcoin and not just mere talk.
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November 10, 2017, 08:24:46 AM
 #26

China is as of now upheld to the market. Government doesn't make a difference simply individuals are matter since we realize that bitcoin is decentralized and individuals will put into bitcoin and get a great deal of benefit from bitcoin. Presently a days Chinese individuals are exchanging globally they couldn't care less about there national market there are putting into bitcoin universally and pulling back bitcoin universally as well.


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November 10, 2017, 08:31:51 AM
 #27



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...



China is a powerhouse. They have big and small investors and the population is just so enourmous that they are hard to ignore. So for me i say it is nice if they can come back and trade.

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November 10, 2017, 08:42:40 AM
 #28

I don't think they'll stay away, hey just want to profit and make rules very clear and don't have things slipping on the sides. Basically they want crypto with a clean slate and have all the power to do so. I think that' good for crypto in general, even if it's going to be less of Satoshi's ideal.
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November 10, 2017, 08:45:48 AM
 #29



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...


Why not? China is a huge investor and it will still benefit Bitcoin if ever it will come back. Even if the moment they left Bitcoin and other cryptocurrency then bitcoin was able to have a value as high as this, they will still contribute to make it even more expensive. So for me, it is not a problem whether they will come back or not, but ofcourse it will be an advantage if they will do so.
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November 10, 2017, 08:53:13 AM
 #30



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...


If i would be asked if I want China back to Bitcoin, I will say no. They already left bitcoin so there's no use for them to come back. Also, Bitcoin grew and developed as this big without them. It appears that China become a barrier for Bitcoin to have a value as this big since the moment they left Bitcoin, the price of Bitcoin continuously increase and now having a 7400$ value from 4300$ when China was still around.

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November 10, 2017, 09:03:13 AM
 #31

There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?
But we did not choose to drive China away from the world of cryptocurrencies they are the ones that decided to take actions against cryptocurrencies on their own, if they want to come back they can do it at anytime they want but they must learn that bitcoin cannot be controlled by them, they are a big influence but the moment they decide to leave there is going to be other countries eager to take their spot.
Strongly agree. China is a country that has a big influence in the world economy.
But how failure China government in seeking bitcoin technology, are they want to control it and worry about losing control power the finances of their people. While crypto system gives user freedom to manage their own finances as own bank.
Very unfortunate, similar problems are also experienced by other countries, but others try to make adaptation by making regulations for all parties to participate in it without banned it.
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November 10, 2017, 09:21:14 AM
 #32



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...


I'm stucked between wanting China back to Bitcoin and not. For me it will still be in favor for Bitcoin if ever China will be again be a part of Bitcoin community since it is a huge investor and will contribute to its growing demand in the msrket. Amd if not, Bitcoin's value is still rising at this moment, so even without China,  its value is getting more expensive each day.
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November 10, 2017, 09:24:11 AM
 #33



There is no question that China is a big market for anything and if this market can be developed well its power and influence can be felt for good. I believe that China can be a good contributor outwards the overall success of the cryptocurrency movement. Do you think we should welcome China again to the Bitcoin market?

Quote
Future of Cryptocurrencies in China

It is important to note that this ban is, most likely, temporarily. The fact is that China had already banned Bitcoin trading in 2013 and this year imposed a 4 month freeze on exchanges due to security issues. Regardless of the events, the Public Bank of China is very interested in distributed ledger technology, having devised a five-year development plan that focus on researching and developing blockchain technology. Not only that but according to some reports the Chinese government is also developing and testing their own state cryptocurrency.

In a closing note, there are now rumors that Bitcoin exchanges might be reopening. This speculation was felt in the market, with Bitcoin prices surpassing the previous all-time high of $6300. Reports indicate that the policies forbidding crypto trading were examined in the 19th National Congress of the Communist Party of China and that they might be lifted. It was also speculated that a new Chinese cryptocurrency platform, speculated to be controlled by the Chinese government, might be up and running by the 1st of November. Read more here...



If China returns, I believe that bitcoin and the crypto market will actually grow rapidly. But this can be a difficult challenge as china still has restrictions on bitcoin.

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November 10, 2017, 09:39:35 AM
 #34

I think this would give a good leap in the price of bitcoin, so my answer is - Yes
Are you sure that the price of Bitcoins will increase in the future, China Bitcoin will back, Bitcoin will pick up again. If in the future it is likely to be fairly valid then it can be expected.It would be better if china backs it again

Be hardworker
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November 10, 2017, 09:45:32 AM
 #35

We always there and never go out,gov just make we use more step to buy and sell bitcoin

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November 10, 2017, 10:10:28 AM
 #36

Want?  Even without china bitcoin can stand out, so why do we want to come back that china again if they decided to banned crypto currency before? Then now they just decided to bring their selves back again into crypto. For me we dont need china to increase the price of bitcoin because as of now most of the people are got related in bitcoin and they totally supporting bitcoin and that would be the reasons why bitcoin price goes high and not on china.
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November 10, 2017, 10:36:56 AM
 #37

of course ! with china's acceptance, it will certainly boost bitcoin's value

Yes i agree, because when the china banned bitcoin to their country, the bitcoin value is decrease so when the china accept bitcoin again the price is increase again ( actually even without china the price will continue to grow, like what other said ) but if china accept again the influence to buy bitcoin is so high. And that's my opinion i don't know what's your.

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November 10, 2017, 10:42:05 AM
 #38

That would be really nice because then the bitcoin value will go back up in value and everyone will profit from it.
Then a lot of people will come and invest in bitcoin and the popularity of bitcoin will increase even further.
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November 10, 2017, 10:44:55 AM
 #39

I don't see any negatives to it. The more people have access to Bitcoin, the higher it will go in price. I'd like to see every country involved and benefiting.
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November 10, 2017, 10:48:11 AM
 #40

There is no doubt that this is a false news. My friends in China say that there is a strict ban on bitcoin trading among them. I don't think it's possible to reopen it in a short time.
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