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Author Topic: Today's news: Chinese gov restricts Crypto again...  (Read 1413 times)
sukey2008 (OP)
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February 04, 2018, 07:44:23 PM
 #1

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...
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February 04, 2018, 11:08:12 PM
 #2

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

It's look like worldwide government conspiracy.... Rage Against The Crypto (c) Every day we have news that press down crypto prices
But may be it's just a 'BIG market manipulatng'?

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February 04, 2018, 11:18:55 PM
 #3

I believe the governments who trying to restrict crypto are not doping the right thing they are gonna be in a bad spot about seeing the future when crypto developt itself to a whole new thing

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February 05, 2018, 01:39:06 AM
 #4

HOPE THAT IT IS JUST A RUMOR. Although I do not like the china, I have to admit that they are really good in the cryptocurrency and they know how to develop the blockchain, ICO and smart contract. This country born a lot of intelligent people and it will be a waste if they ban bitcoin all over the country. CHina is still one of the most powerful country on this planet

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February 05, 2018, 01:41:28 AM
 #5

Lets all wait for all of this news. And when the time comes bitcoin will grow and reach its full potential. This regulation thing is normal reaction of government and banks.

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February 05, 2018, 01:48:52 AM
 #6

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

As early as September 2017, the Chinese government has banned ico and closed all exchanges in the country. Therefore, all ico and crypto-currency trading are illegal in China.
Therefore, I wonder why the Chinese government will once again ban it. This is illogical.
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February 05, 2018, 02:23:31 AM
 #7

Wtf.. What the Chinese government has done is really outrageous. I always ask why the Chinese government always makes extreme regulation to crypto? I suspect there are other plans behind this and they want something more.

Hello op, where did you get this news? Please give us a link about this news here.
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February 05, 2018, 02:28:30 AM
 #8

china news = boring news

sorry but china looks to be out

but then if you can get mainstream even if regulated in

US,EU,UK,JAP,CAN,AU,

i think bitcoin will be just fine without them and probably better due to stability. You don't want strange moves every 5 mins.

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February 05, 2018, 02:41:56 AM
Last edit: February 05, 2018, 03:06:43 AM by choychifung
 #9

Wtf.. What the Chinese government has done is really outrageous. I always ask why the Chinese government always makes extreme regulation to crypto? I suspect there are other plans behind this and they want something more.

Hello op, where did you get this news? Please give us a link about this news here.

News is true. I think they want the capitals stay inside China.

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February 05, 2018, 02:45:08 AM
 #10

They will try, but it won't work. Prominent projects like IoT Chain are taking the crypto world by storm with their tech. https://twitter.com/IoT_Chain/status/959365112216743937
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February 05, 2018, 02:45:53 AM
 #11

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

It's look like worldwide government conspiracy.... Rage Against The Crypto (c) Every day we have news that press down crypto prices
But may be it's just a 'BIG market manipulatng'?
i think so too. I always think that some people want to push down the price of bitcoin to carry out a global price control. The recent negative news has been keeping people thinking that bitcoin will die, it will end, prices will fall, I think this is the way in which governments take over Bitcoin and become the biggest bookmakers.
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February 05, 2018, 02:47:48 AM
 #12

Is China the only country in the world? If they like let them stop the internet we are never bogged. Why is the whole their attention focus on cryptocurrencies.They will only be losing out if they refused to embrace the Blockchain technology. It's high time we stop paying attention to what the media is saying about cryptocurrencies because they are only distracting us. All their so call regulations won't work, crypto has come to stay and there is nothing they do about it. Thanks

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February 05, 2018, 02:48:22 AM
 #13

@sukey2008. What is the sentiment in the local Chinese subforum and the Chinese cryptocoin forums in general? Is is really hard for your citizens to trade fiat to bitcoin and back to fiat?

How are the Chinese exchanges? Are there some still in operation? What about Localbitcoins in your country?

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February 05, 2018, 02:57:24 AM
 #14

No need to worry about it then. It's just the whales playing their game and the newbies and inexperienced traders and investors are panicking. Bitcoin and other altcoins will continue to struggle until the end of the Lunar New Year. That's a no big deal.

Just chill out guys. The only ones who are strong are those who are #HODLing on despite the crash. Even with mixed emotions, there's no need to worry about because we are diversifying our options by not relying on a few altcoins alone.

Can't believe the FUD sale is extended again. Wink

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February 05, 2018, 03:14:59 AM
 #15

Whales again playing with newbie traders. Spreading FUD so they can take advantage. If you know their game you can also take advantage with it. Lets just ride the game of the whales. Smiley
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February 05, 2018, 03:18:50 AM
 #16

It is very likely that other countries follow the example of the Chinese government, but this can also be described as a conspiracy, but my microblogging in China can still see the bitcoin news. I do not know where the news is and can you give me a link?
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February 05, 2018, 03:20:05 AM
 #17

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

Do you have a link? The Chinese exchanges have already closed down. So they can't put "regulatory pressure" on exchanges that no longer exist...

 
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February 05, 2018, 03:21:12 AM
 #18

I thinks a community of like elite global dont want cryptocurrency trend up, they scare like bitcoin change the dollar or euro. If bitcoin or other coin change the euro and dollar, someone already invest in euro and dollar will be get loss.
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February 05, 2018, 03:21:47 AM
 #19

For sure ICO is quite dangerous and you can loose your money if you invest in. But that's not about the cryptocurrencies, that's completely different things, like Dollar and crowdfunding. Dollar is a currency but crowdfunding is collecting money.

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February 05, 2018, 03:28:54 AM
 #20

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of China’s government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the People’s Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...
tighten regulation and impose strict rulings specially for ICO  May lower the chance of creating scam and shit coins this may be good for crypto market for long term perspective. this may eradicate those nonsense coin offering ICO and scumming investors

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