Notcalculator
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★Bitvest.io★ Play Plinko or Invest!
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March 09, 2018, 01:38:30 PM |
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Who knows if they're against it or it's a market manipulation move. Although. you could also see it as protecting they're border. Money laundering is a problem in china so maybe a ban on exchanges made that fight easier. It's weird that they keep "banning"it though. It seems to be a market manipulation move. Or maybe they're meerely observing how they affect the market.
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Asklepion
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March 09, 2018, 01:49:43 PM |
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China is the biggest player on the crypto market. The Chinese government is fully aware of this situation. During the years when I followed the crypto market, it is reported that China is constantly forbidding crypto money. That's why I do not believe in the news anymore. Bitcoin will go up again.
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paynercash
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send and receive money instantly, with no hidden c
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March 09, 2018, 01:52:30 PM |
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They turned their backs on Bitcoin because they thought Bitcoin was the hiding place of some bribe officials, the shelter of money laundering criminals, and Bitcoin developers that produced many Bitcoin diggers in their country. So China has made stricter rules in Bitcoin deals and increased electricity prices with bitcoin digging, which is why China has little respect for Bitcoin in their country.
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bitkanu
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March 09, 2018, 02:00:20 PM |
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Miners could simply moving out from the country, maybe going to a cryptocurrency friendly. One most important thing is that there's also difficulties adjustment in the bitcoin network which solve this problem if the hash power significantly reduced although
it may gives some problem first and slow down the network. However, China banning mining activities still have a chance for it, better to keep an eye to those rumours.
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ylnar123
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March 09, 2018, 02:05:47 PM |
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After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
Why worry? FUDs are made to make investors panic and sell their stocks so that those whales can buy bitcoin in lower prices. Hopefully nothing serious happen in cryptocurrency in china, as it was a huge contributor to cryptocurrency all over the world. |
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xuv500
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March 09, 2018, 02:12:51 PM |
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Hope these are rumors or false news spread across to make Bitcoin price down by whales. China contributes almost 60% to 70% of support through mining for crypto market and if this news is a true one, may be the mining be slow or jammed due to low mining set up or the transactions will be delayed like for a week or something I guess.
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xaviervilla
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March 10, 2018, 01:49:48 AM |
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After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
Oh well, we really cannot take that away from them since they have invested in materials just to be able to mine and they have already learned to love what they do. Of course I am sure that you will probably be feeling the same if you were the one in their situation. As an investor and a lover of cryptos it will be something that a miner will really feel. Specially when he already sees mining as a full time job for him. I can only imagine how heart breaking it would be for that person. |
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fiulpro
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March 10, 2018, 04:18:02 AM |
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Man China was always against them ..there is not hard and fast rule well am Preety sure you have heard the rumors .. that went like " China banning Bitcoins and releasing their own crypto in the future"
Well you know no one out here is a Chinese government spy thus we won't be able to know ... For sure if ... The news is true
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adiksau0414
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Chainjoes.com
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March 10, 2018, 04:29:18 AM |
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This news is already circulating, we know that China is one of the big country that ban bitcoin. This maybe give a effect to the bitcoin price. I think they have their power to do that, after all they are a big and rich country. They are maybe just want to have their own tokens or coins that will he used by their countrymen. In this, they might the capacity to level with bitcoin's popularity. As what I also read they are regulating this. But I guess in the end, people might benefit from it or vice versa. We can't tell the future of this all Cryptos, all we to do is wait what will China will do next.
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Reid
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March 10, 2018, 04:29:43 AM |
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I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
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Bitcoinjheta
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March 10, 2018, 04:45:14 AM |
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I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
Well, even if many chinesse investors having a large farm mining. They will not tolerate cryptocurrency to spread out, it will stop because they found out it can not contribute much taxation in the economy due to volality of coin. In this stage i think cryptocurrency will soon to dead in chinesse counry |
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burner2014
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March 10, 2018, 05:20:43 AM |
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I dont think so.
They have large farms out there and it will be chaos if they want to ban mining.
This are big investors that will be fighting for it since there is large money at stake. The government also profits with them since this is like business already and I bet they also filed business permits which will be taxed. No way they will do it.
Well, even if many chinesse investors having a large farm mining. They will not tolerate cryptocurrency to spread out, it will stop because they found out it can not contribute much taxation in the economy due to volality of coin. In this stage i think cryptocurrency will soon to dead in chinesse counry We cannot blame them because they wanted to be the number one country of all time, they don't want something that they did not discover or that their name is included in it just like in bitcoin where in the inventor did not came from China, they are not turning out they are just creating war against crypto. |
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terrific
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March 10, 2018, 05:33:56 AM |
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There's no need to fear if you are a miner. And the title is very misleading even it's like a question. China is the biggest player on the crypto market.
Before they are the biggest players in the crypto market but everything is starting to be exposed now. I guess Japan now is the biggest player in the market now. |
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Nerman
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March 10, 2018, 05:36:47 AM |
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After bans on exchanges and initial coin offerings, bitcoin miners fear they are next
Why worry? FUDs are made to make investors panic and sell their stocks so that those whales can buy bitcoin in lower prices. Hopefully nothing serious happen in cryptocurrency in china, as it was a huge contributor to cryptocurrency all over the world. China is really aggressive taking down crypto currency and they can force it to their citizen because they are just pretending to be a democratic country but in reality they are still in a dictatorship. We do not know the real motive of the Chinese Government, as of now the reports would suggest that they just want to avoid fraud and social unrest. I do not know if this is true but I think regulation will be better than totally banning it. |
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Rrotess
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March 10, 2018, 08:29:32 AM |
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China seems not to be in much favour of bitcoin. After ban of exchanges, most of the chinese people have lost their interest from bitcoin and crypto-currency.
Yeah youre right they seems not supported with cryptocurrency but it will never a big problem because in this world many country really interested and supportive with cryptocurrency.So whenever china turn off with cryptocurrency I'm assure that it will never be affected. |
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bitcoinsc
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March 10, 2018, 08:58:37 AM |
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im not invested in chinese coins anymore even though they are different market because of the size and nature they are. but if china disagrees, i also disagree.
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Ethereum and Uniswap.
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automaticmoney
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June 07, 2018, 05:35:04 PM |
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China is taking time and working towards a more better understanding of Blockchain technology and make a firm legality of technology adoption in the coming days
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romero121
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June 07, 2018, 05:43:58 PM |
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China turning against bitcoin or cryptocurrency never happens, because they were the one that made it grow when none were aware about it. Second thing, now China might have got hard regulations and for the same we cannot say it is turning against bitcoin. Even now China holds the majority of the miners who are the backbone for the entire system to function without flaws.
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yuukireit
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June 07, 2018, 05:50:04 PM |
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bitcoin have so much trouble right now in china after the goverment have so much losses in electric energy and blame the mine factory in china, this is really serious matter to make bitcoin survive in china
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bitcad4u
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June 07, 2018, 05:53:10 PM |
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Bitcoin is not a legal one in China.But many people had involved in crypto currency trading and mining in China.The china goverment made a war against crypto currency.The started to ask their people to inverse in gold and silver,instead of cryptocurrency.It was not works 100%.
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