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Author Topic: China bans bitcoin EVERY year  (Read 693 times)
javkot (OP)
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January 16, 2018, 09:46:48 PM
 #1

Jan 2014, China bans bitcoin trading
https://www.reuters.com/article/us-china-bitcoin/alibaba-division-bans-bitcoin-after-china-crackdown-as-ipo-looms-idUSBREA070F620140108

Apr 2014, China won't ban bitcoin
https://www.coindesk.com/chinas-central-bank-governor-pboc-wont-ban-bitcoin

May 2015, bitcoin supposedly banned in china
https://www.ccn.com/top-10-countries-bitcoin-banned/

Nov 2015, bitcoin not banned in China
https://www.coindesk.com/taiwan-finance-regulation-bitcoin-ban/

Jan 2016, China wants to release their own coin with potential threats of btc ban again:
http://bitcoinchaser.com/crypto-currency-china

June 2016, bitcoin not banned in China
https://news.bitcoin.com/china-recognize-bitcoin-peoples-rights/

Jan 6 2017, china threatens to ban bitcoin
https://themerkle.com/how-the-peoples-bank-of-china-denied-bitcoins-ath/

Oh, but a week later, Jan 13 2017, China isn’t banning bitcoin
https://themerkle.com/why-china-isnt-interested-in-banning-bitcoin-importance-of-regulation

Sep 2017, again China bitcoin FUD due to ICO ban
https://www.forbes.com/sites/panosmourdoukoutas/2017/09/09/why-china-crushed-bitcoin

And crypto exchanges were dead in China by early nov 2017
https://www.forbes.com/sites/kenrapoza/2017/11/02/cryptocurrency-exchanges-officially-dead-in-china/#19938f52a839

JUST BEFORE the BOOM to nearly $20,000!

currently, Jan 2018, china threatens to ban bitcoin causing btc decline
http://www.independent.co.uk/life-style/gadgets-and-tech/news/bitcoin-price-china-exchange-ban-cryptocurrency-trading-government-a8161721.html


This is just a tip of the iceberg, this Asian BTC-FUD has probably happened a dozen or more times over the last 4-5 years.

And now we are going to see another BTC all-time high in the coming months!
LouisVuitton
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January 16, 2018, 10:00:31 PM
 #2

It's ok, the prices will recover in the next few days.
supine
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January 16, 2018, 10:03:24 PM
 #3

China is really a good market manipulator. Just imagine how many good businessmen are out there in China. China does it every now and then, they will spread news that they will ban and then prices would go down. They will cancel their news and buy bitcoin at cheap price. Just play a long with their game, and you will surely gain too.
hosseinimr93
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January 16, 2018, 10:04:52 PM
 #4

Great post.
Since I know bitcoin, I have heard many bad news from China and as far as I know many people in China are using Bitcoin. China just manipulate the price by some news and soon every thing back to normal again. I think the current situation is the same.

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MrSpasybo
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January 16, 2018, 10:06:53 PM
 #5

China has forbidden everything that it can not control. But I heard that they are also developing themselves and intend to launch a new currency based on the Blockchain platform to compete with USDT. Maybe YUANT
ThinkAndGrowRich
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January 16, 2018, 10:10:17 PM
 #6

How can we know when it happens ? So we can exchange all our coins to fiat or USDT ? And then buy in again at dip.
How can we know before/at the same time/ as soon as possible ?
ThinkAndGrowRich
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January 16, 2018, 10:12:56 PM
 #7

China is really a good market manipulator. Just imagine how many good businessmen are out there in China. China does it every now and then, they will spread news that they will ban and then prices would go down. They will cancel their news and buy bitcoin at cheap price. Just play a long with their game, and you will surely gain too.

How can we play a long ?
Jon88
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January 16, 2018, 10:13:44 PM
 #8

It's time for Bitcoin to ban China.  Cool
wiro212
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January 16, 2018, 10:30:39 PM
 #9

a good topic buddy, indeed as the world's most influential state of cryptocurrency, their government policy  can make the holders of cryptocurrency there will be shocks in the time period ahead. it puts them in a panic position to sell their assets.

we all expected the price will be slightly better upcoming month.
fanbeila
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January 16, 2018, 11:56:30 PM
Last edit: January 21, 2018, 01:19:20 PM by fanbeila
 #10

Great piece of information.Actually,china has much earlier lost its importance in bitcoin world when it banned ICOs and exchanges completely.Earlier,china had an upper hand in bitcoin market.I could still remember those days before two years when every one would be keenly watching the changes occurring in china's bitcoin markets to plan whether to buy or sell bitcoins.Chinese gamblers easily manipulated bitcoin price as they wished on those days.But thank god,those days are no more.

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babarian
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January 17, 2018, 12:24:46 AM
 #11

that's the way that the Chinese state so that bitcoin prices can be controlled, as it is now
therefore I am sure bitcoin prices will improve the next few days
sabine80
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January 17, 2018, 12:39:49 AM
 #12

i don't know this before. this is really a good information about china and bitcoin. and now it feels like people try to crash bitcoin price with this bad news from china to manipulate the market. this is all very new to me and i don´t know what i have to think about the market and bitcoin itself.  Cry
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January 17, 2018, 12:57:31 AM
 #13

china forbids bitcoin with as it wishes, in time the country will feel the effects of bitcoin
Nitroali
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January 17, 2018, 01:56:59 AM
 #14

Not only china ,  south korea try to regulate Bitcoin .
I think china and south korea are trying to give rules but some big investors use this info to manipulate market.

😁
RheamaeElbanbuena
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January 17, 2018, 02:01:49 AM
 #15

because they do not take too much bitcoin too seriously and then china in the use of bitcoin and they do not know that bitcoin is one of the most popular networking around the country and the bitcoin is my big value
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January 17, 2018, 02:05:46 AM
 #16

All I see this big drop as is a good time to buy  Smiley  I'm fully expecting to to rise back up in the next few days, but we'll see.
Wallflower28
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January 17, 2018, 02:20:08 AM
 #17

I think that is the economical strategy of China in order for them to have profits since it is communist government. The people will follow rules and regulations based on what government will impose.

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January 17, 2018, 02:29:48 AM
 #18

Since I knew about bitcoin, I have not got the good news about bitcoin from China,
the price is only affected by the fluctuations, and the price will return to normal within a few months
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January 17, 2018, 02:29:53 AM
 #19

All I see this big drop as is a good time to buy  Smiley  I'm fully expecting to to rise back up in the next few days, but we'll see.

I guess that's because my tokens have lost the price because maybe I need to wait a long time to recover the price again.

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January 17, 2018, 02:33:23 AM
 #20

yes, this is done to give discounts to investors who want to buy bitcoin,
The drama is performed every year

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