China wants to ban bitcoin…again to create their own cryptocurrency exchange?

[JioMoney]

they are creating fears to capture cheap btc.

[cepot9]

yes, china has a passion for world domination, all want to have and lead by it. they are very clever and dangerous

[sollahp]

yes, china has a passion for world domination, all want to have and lead by it. they are very clever and dangerous

The second beta of Bitcoin china has a tremendous impact on the crypto market and may also be an opportunity for beginners.

Currently, Bitcoin's capitalization is 50% larger than the overall market for coinmarketcap, so the overall cost of altcoin is now dependent on the level of bitcoin growth, bitcoin on the altcoin and bitcoin. altcoin down, and currently bitcoin is in the down trend + china board bitcoin do bitcoin altcoin all fell sharply.

The opportunity for newcomers is that when bitcoin can drop sharply to $ 5000, that's the real value of a bitcoin mining, and the opportunity to buy cheap bitcoins as well as market entry at the right time for people. new.

[otundebis]

I am not surprised that China bans cryptocurrency trading and exchange,  China is closed society and the idea that they could suddenly embrace cryptocurrency that pushes idea of freedom beyond democracy is preposterous!

[sunX3]

Probably both.

If they ban btc first, they can ban some other coins later and then introduce their own currency.

[Bitcoincole]

I am not surprised that China bans cryptocurrency trading and exchange,  China is closed society and the idea that they could suddenly embrace cryptocurrency that pushes idea of freedom beyond democracy is preposterous!

Well, the government in China has a right to banned bitcoin and other crypto currencies in there country. Since then it has being announced last year 2017 that declaration is partially banned only, further more we are affected by them because of there local investors have a lot of mining bitcoin that support the blockchain. With this final judgement were it was totally banned we were hoping for recovery of bitcoin in some parts of the world accepting crypto currencies.

[Pivo]

Probably both.

If they ban btc first, they can ban some other coins later and then introduce their own currency.

No ban crypto. Chinese want to come back money in crypto to the country)))

[andor.gellenhidi]

It seems to me that China will not be able to do anything with this phenomenon. Crypto currency is the technology of the future. Therefore, those who do not use them will always be behind, and China is a country of technology, so they will not be able to prohibit decentralization and new technologies. I hope so.

[cryptoux]

The Chinese Government ban youtube then promote Youku, ban google then they create Baidu, ban facebook to promote weibo
and now, they block access to international cryptocurrency exchanges to create their own cryptocurrency exchange?

China to Block Access to International Cryptocurrency Exchanges - https://news.bitcoin.com/china-block-access-international-cryptocurrency-exchanges/

It is a common thing to these communist countries they just want to control the whole nation,no one gets in or out to their premises.This is how they play the game being greedy will make them succeed to their goals.They just dont want to get into a moving train that is why they will create their own things,they arent that type of people who will socialize with other races they are famous duplicating things so there nothing new about this.

[De_nis]

When it comes to a decentralized crypto market, any prohibitions look ridiculous! They want to get maximum control so they try different management options.
Regards Denis

[cryptohunter]

china does not grasp this is now a GLOBAL decentralised trustless currency/storage of wealth

You can not replicate that and maintain full control by creating your own centrally controlled crypto

Sadly china will miss out on this new opportunity.

Which is sad for them since they were ahead of the game at one point and now throw it all away.

[Cocojam0610]

china's one of the largest investors on the market and they have most of the miners. but people that supports cryptocurrency don't stop on a single country. we continue to move forward. crypto currency is the future