Bitcoin Forum
May 02, 2024, 11:22:13 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28]
  Print  
Author Topic: Why China banned bitcoin?  (Read 2074 times)
Junkymuff
Newbie
*
Offline Offline

Activity: 22
Merit: 0


View Profile
June 03, 2018, 05:11:22 AM
 #541

After the year 2026 China will have no choice than to legalize bitcoin
1714648933
Hero Member
*
Offline Offline

Posts: 1714648933

View Profile Personal Message (Offline)

Ignore
1714648933
Reply with quote  #2

1714648933
Report to moderator
1714648933
Hero Member
*
Offline Offline

Posts: 1714648933

View Profile Personal Message (Offline)

Ignore
1714648933
Reply with quote  #2

1714648933
Report to moderator
There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714648933
Hero Member
*
Offline Offline

Posts: 1714648933

View Profile Personal Message (Offline)

Ignore
1714648933
Reply with quote  #2

1714648933
Report to moderator
1714648933
Hero Member
*
Offline Offline

Posts: 1714648933

View Profile Personal Message (Offline)

Ignore
1714648933
Reply with quote  #2

1714648933
Report to moderator
1714648933
Hero Member
*
Offline Offline

Posts: 1714648933

View Profile Personal Message (Offline)

Ignore
1714648933
Reply with quote  #2

1714648933
Report to moderator
Hopeliza
Member
**
Offline Offline

Activity: 216
Merit: 10


View Profile
June 03, 2018, 05:19:56 AM
 #542

Because the government in China doesn't want the Bitcoin to exist in their country. There's a lot of reason why they not allowing it in Country of China but I can't specified it.

▀▀▀▀▀▀▀▀▀▀▀▀     │      JINBI      │       T H E   G O L D E N   I C O     ▀▀▀▀▀▀▀▀▀▀▀▀
████████████                     JOIN ICO  -  21st  J U N E                     ████████████
▄▄▄▄▄▄▄▄▄▄▄▄       Whitepaper     Telegram     Twitter     Reddit        ▄▄▄▄▄▄▄▄▄▄▄▄
bayu7adi
Hero Member
*****
Offline Offline

Activity: 1400
Merit: 544

paper money is going away


View Profile WWW
June 03, 2018, 05:21:35 AM
 #543

As far as I am concerned, China only does BAN on ICO, because ICO has been unable to take responsibility for the investors' funds received
many of the ICO's are SCAMs that are closely watched by governments or agencies, and since then, there are many organizations that limit crypto space.
JustQueen
Member
**
Offline Offline

Activity: 238
Merit: 10


View Profile
June 03, 2018, 05:22:42 AM
 #544

Government in China banned it in their country naybe because they eant to create their own digital currency that only going to exist in their country and also not allowed to use it in other countries.

▀▀▀▀▀▀▀▀▀▀▀▀     │      JINBI      │       T H E   G O L D E N   I C O     ▀▀▀▀▀▀▀▀▀▀▀▀
████████████                     JOIN ICO  -  21st  J U N E                     ████████████
▄▄▄▄▄▄▄▄▄▄▄▄       Whitepaper     Telegram     Twitter     Reddit        ▄▄▄▄▄▄▄▄▄▄▄▄
nhanlvcskh
Newbie
*
Offline Offline

Activity: 40
Merit: 0


View Profile
June 03, 2018, 05:25:21 AM
 #545


Is China banned from Bitcoin? I just know this. However, China has a lot of new projects.
Chronos_angel
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
June 03, 2018, 05:28:29 AM
 #546

Some people feel that china forbid bitcoin nowadays has a considerable effect on bitcoin prices some exchange sites in tion forbid bitcoin because many people tion tion use cryptocurrency than their local currency and China forbids bitcoin trade because they think through bitcoin many Chinese millionaires send money out of their country to buy international countries that will be a disaster for their economic climate.
Df9898
Newbie
*
Offline Offline

Activity: 196
Merit: 0


View Profile
June 03, 2018, 05:38:42 AM
 #547

because china worries corruption results stored in the bitcoin.
Sam San
Sr. Member
****
Offline Offline

Activity: 630
Merit: 250



View Profile
June 03, 2018, 05:58:47 AM
 #548

After the year 2026 China will have no choice than to legalize bitcoin
by 2026 will be produced almost the entire, bitcoin block value will be of 6.25 BTC. whether someone will need bitcoin after 2022 is a big question.

Jocuserious
Sr. Member
****
Offline Offline

Activity: 1935
Merit: 290


View Profile WWW
June 03, 2018, 06:18:33 AM
 #549

Actually I read in one article some days before ago China did not banned in bitcoin.i think so that now this time to fair.i have some friends in China I will ask him again. I know some days before their given me information accept it bitcoin in China...
yusupjatigumilar
Full Member
***
Offline Offline

Activity: 644
Merit: 100



View Profile
June 03, 2018, 06:18:40 AM
 #550

probably because China wants to make its own crypto currency, because if the Chinese people still use crypto currency other than their country's crypto currency then it will be futile because their currency will not be worth it because it lost by other crypto currency
Mudah_rezeki
Newbie
*
Offline Offline

Activity: 119
Merit: 0


View Profile
June 03, 2018, 06:30:41 AM
 #551

The Chinese government will ban the trading of digital currency criptocurrency, including bitcoin, in the Chinese bourse. The plan immediately cut the price movement of this digital currency.
The ban plan comes amid tightening financial risk ahead of the Chinese Communist Party's overhaul of leadership in October. China's Central Bank, People's Bank of China (PBOC) has also recently completed criptocurrency trials it is trying to develop on its own. This is why China is banning bitcoin. want to develop own criptocurrency.
xeomthanhpho
Newbie
*
Offline Offline

Activity: 42
Merit: 0


View Profile WWW
June 03, 2018, 06:41:04 AM
 #552

I think the near future China will develop block chain technology like other countries. At that time, China would participate in the crypto 4.0 race. go to moon  Grin Grin Grin
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 [28]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!