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Author Topic: China bans bitcoin EVERY year  (Read 653 times)
criz2fer
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January 24, 2018, 04:38:43 PM
 #61

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.
Businessmen's that want to buy smaller price of bitcoin by paying/donating media to make FUD. A great strategy specially if you have a lot of money to manipulate the market. Although this would really affect the market so big. Its better to join them than to beat then right? Hope this coming month, bitcoin could recover from these FUD.

1NV3ST0NM3
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January 24, 2018, 04:47:46 PM
 #62

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!

Haha curious I never knew this. So we should really contact China and ask them to settle all this at once and decide what they want with bitcoin and cryptos. I think China being such a huge market has a great impact on the price of bitcoin. When on peak chinese exchange's had a much higher price of bitcoin than the rest of the world but I still think that China won't be able to come up with a complete ban rather it might just hold off things for sometime. Market will recover soon.
cryptobluemoon
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February 03, 2018, 07:07:21 PM
 #63

no government can ban bitcoin so we need to understand banning bitcoin is to show fear for new investors
Tuesto
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February 03, 2018, 07:12:13 PM
 #64

According to the information I have given, there is no such prohibition. But if it does, bitcoin will be a great danger.I hope it is not something like this.
Harlot
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February 03, 2018, 07:14:00 PM
 #65

I wouldn't be surprised if China is holding millions of Bitcoin by now. We can say that it is an orchestrated FUD delivered by their own government in order for them to have more Bitcoin for themselves. With the unclear news and lack of reputable news sources it creates panic to the global market resulting into the downfall of the cryptocurrency. But it is all just speculation for now as I don't have any proper evidence to my claim. But I don't see any reason why China always change their statements about Bitcoin.
royalfestus
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February 03, 2018, 07:25:59 PM
 #66

Everyone who hated bitcoin are rallying, thinking it is bitcoins end. I like to tell new investor that it is our it works here. News drive bitcoin value either up or down. Patience is a virtue for hodling bitcoin. february will also be a period that will move the coin with stated US congresses on the currency, after this,  we might see a steady rise. This part of the year there are few investors that may want to take profit that could be the reason for the rate of rise.

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btccashacc
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February 03, 2018, 07:33:29 PM
 #67

Thanks for making this, but one thing that makes me scares their government would regulate mining farm due to it consumes more electricity we all know that mostly miners come from that country and I believe it will bring big impact for the bitcoin system, hoping that it will not happen. So far China has a big role in this industry so if there is a regulation about the crypto it will affect the price even though it's just a rumor.
BitlumensCN
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March 10, 2018, 08:20:58 AM
 #68

Second.
ilyashpakin2015
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March 13, 2018, 11:44:01 AM
 #69

The prohibition of bitcoin in China and the cancellation of all ICOs caused a sense of uncertainty among the participants of the event - start-ups, investors, and crypto-currency funds.
angelakrasnova
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March 19, 2018, 12:56:08 PM
 #70

I always thought that in chinae about bitcoin there would never be any restrictions but it turns out I was just in the hope that my beloved country protso does not want to develop in this direction.
bolbau
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March 19, 2018, 01:13:52 PM
 #71

the pattern that occurred as if it had been planned. china as one of the countries with the largest cryptocurrency users feel they have more power to manipulate the market. I think there is a lot of interest in china, both from businessmen and goverment itself.
Aufar
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March 19, 2018, 01:32:39 PM
 #72

Because Bitcoin helps humanity and many in their country have made the law of Bitcoin which means Bitcoin is the best of the best currencies in the market and is still very stable and popular in the market.

in many countries in their economies, and also reduce unemployment in many countries.

So far China has a big role in this industry so if there is a regulation about crypto it will affect the price even if only rumors.

yes..we all know that most miners come from the country and I'm sure this will have a big impact on the bitcoin system, in the hope that it will not happen
Roman Coinson
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March 22, 2018, 02:01:34 AM
 #73

China will introduce taxes on the bitcoin transaction and this will be the best way out)
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