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Author Topic: Do you want China be back into Bitcoin?  (Read 2191 times)
ihsanskanzaone
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November 10, 2017, 10:48:59 AM
 #41

I think yes because China is the largest resident country that uses bitcoin so if china again use bitcoin then bitcoin price will rise higher. We need to know more and more bitcoin enthusiasts around the world will greatly increase the price of bitcoin because the number of bitcoin users more than the number of bitcoin in the world so it will greatly affect the bitcoin.
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November 10, 2017, 10:51:40 AM
 #42

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.
Quite agree with your statement right there, even without china, we can still reach new ATH and it's the time for the glory of bitcoin after going through the dark age after being banned by China.
Expecting them to come back to the entire bitcoin community just doesn't make sense after causing such a mess, even I know that the bitcoin users in China have nothing to do witht that but the government.
However if they can add up the market capitalization in huge amount if they could come back, sounds like a good thing.

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November 10, 2017, 10:53:40 AM
 #43



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...



thats a good news if china can go back again in action because this may give a big impact on the the bitcoins current value and we will be expecting it again to rise even more if china has totally Accepted bitcoin as a payment structure online or offline. though even without china , bitcoin can still go along run and we can still hope for a new highs within the next few days.
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November 10, 2017, 10:58:25 AM
 #44

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.
indeed the rules there are very tight but there is a great chance the bitcoin will be re-used. the government can not allow the people because bitcoin is now a necessity of society

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November 10, 2017, 10:59:37 AM
 #45



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 believe they are a huge market and will undoubtedly push btc to 10K in no time. Although there have been issues of hatred towards their government for what happened months ago. Their comeback will be much welcome and besides we can't do anything if they do. It's not as if we can tell them to back off. I just hope that their laws will be furnished once they decided to give their hundred percent in btc for the second time.

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November 10, 2017, 11:00:02 AM
 #46

China has always been involved in mining Bitcoin and ETH, not surprising if China is already back into bitcoin
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November 10, 2017, 11:17:44 AM
 #47



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 very welcome to be back in business with bitcoin and other digital currencies as well. Even do obviously that they try to manipulate and control bitcoin in which they fail still China affiliations is a big assets that it will make bitcoin more stable and stronger because of its high population besides we don't have the power to stop anyone who want to join or to quit bitcoin.




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November 10, 2017, 11:20:41 AM
 #48

of course i want. Bitcoin immideatly will reach 8000, who doesnt want it? Huh
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November 10, 2017, 11:21:13 AM
 #49

BTC has proved that it can exist even without China,surely it would be good that things normalize there and that their exchanges start to operate again.Huobi is start to work recently but offered only trade in crypto pairs,I do not know what the situation is today,but the Chinese government still does not allow exchanges to trade with yuan cyrpto pairs.

If they come back that will for sure push price up because they like to trade with BTC,but I am not sure we can see old times again.At this point it is really unimportant what will be with China,if they come back it may be good thing-if they not there will be no harm for BTC.

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November 10, 2017, 11:26:13 AM
 #50

I really want to return to China with bitcoin and virtual currency system. Because China is the largest market in the world, it is the most populous country, so there must be a lot of Bitcoin users. This will make Bitcoin truly develop because of the inadequate supply that will make the value of Bitcoin soaring. Moreover, when China adopts Bitcoin, it will set an example for many other countries to follow, gradually the world will accept it as the world's main currency.

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November 10, 2017, 12:24:28 PM
 #51

I think this can have a negative impact on the price of bitcoin and it may become cheaper.
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November 10, 2017, 12:33:21 PM
 #52

Yes because if china lift the ban on bitcoin there could be a possibility for the bitcoin to grow again and in a faster rate. Since the ban, the bitcoin goes down by $1000 on late july 2017. I hope the chinese government give bitcoin a chance.
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November 10, 2017, 01:15:35 PM
 #53

that's really good if china come back into bitcoin, nothing impossible.. we never know maybe China now is preparing to come back.. bitcoin can give many profit for China and china have the most bigges bitcoin users, if that's come true of course the prices bitcoin will rising up.
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November 10, 2017, 01:26:19 PM
 #54

If china comeback with Bitcoin it will surely increase its market value, plus china has the cheapest labore fee and electricity a very suitable location for mining.


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November 10, 2017, 01:47:22 PM
 #55

Of course, the more people the better, I think that bitcoin will grow strongly if China returns.
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November 10, 2017, 01:48:19 PM
 #56

If China come back, it is good. But, to be honest, That is not important. Look at the growth of Bitcoin, you can see that China ban Bitcoin does not affect to Bitcoin.

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November 10, 2017, 01:52:36 PM
 #57



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...


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.
Yeah, our opinion doesn't play a role for China and their decisions, but I also think if they would come back on crypto market that would be the greatest pump of bitcoin price  Cheesy
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November 10, 2017, 01:53:16 PM
 #58

i think if china want to be back into bitcoin then it will be good for bitcoin because bitcoin will be stronger and china will give the support for bitcoin. actually i want not for just china that will be back into bitcoin but i want the other country to be join with bitcoin too because this will make bitcoin more grow widely. and people from many country can use bitcoin and they can search another way to make their life be better than before.

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preikaler
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November 13, 2017, 11:19:41 PM
 #59

China is one of the best economies in the world, but I see that bitcoin does not need it. bitcoin grows by itself. bitcoin can develop well without any encouragement from any country.

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November 16, 2017, 04:55:43 AM
 #60



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...


Actually bitcoin policy is love for all bitcoin don’t want to make any disturbance in any country bitcoin believe to play a positive role in any country as we know that biotin reduce un employment from many countries and that’s why countries are going to accept bitcoin and that’s what bitcoin was doing in china so I hope china will join bitcoin again.
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