China will block all sites related to cryptocurrency and ICO

[Lieldoryn]

That's bad news in the last past weeks Facebook CEO Mark Zuckerberg announce banning all crypto ads and ico in facebook and now China well pretty indeed crypto has many enemy.

It really is. No one wants promising projects to receive funding. I agree that there are a lot of scams in ICO. But does anyone believe that the government is interested in our money? Under the pretext of combating fraud, governments and large corporations want to prevent an alternative to Bank loans and new technologies. This is the main purpose of such prohibitions.

[Ahiaba]

Op, for one to believe in what you said please you should have make an effort to provide your sources of this acclaimed information to help believe in your information and maybe make necessary preparation as it will have negative effect on of us that has crypto currency related business/investment in China.

[Edraket31]

Op, for one to believe in what you said please you should have make an effort to provide your sources of this acclaimed information to help believe in your information and maybe make necessary preparation as it will have negative effect on of us that has crypto currency related business/investment in China.

As much as I know the OP is stating a fact because we all know in the first place that China does not want bitcoin at all, they don't care about this because they cannot control it so they made their own that they can call their own cryptocurrency.

[flavio.rib]

Why China last time is attacking Cryptocoins all days? I know there the crypto is more popular than in Europe.

[Rustamm]

It's all for now. We need to believe and be guided by documents and laws. And there are very few laws and other by-laws of China on the issue of regulating crypto-currency. The actions of the Chinese government with respect to the crypto currency are very controversial, therefore, not everything that Chinese officials say is then embodied in the adopted documents. I do not yet see the purposeful activity of the Chinese government in relation to the crypto-currency. They are still looking for their way to solving the issue with the crypto currency. They are not even in a hurry to implement their centralized national currency, as discussed earlier.

[punitjain]

I dont think so this will happen as in china minning is allowed

[ritzshah]

by doing any such things china will be in big loss as its future parallel market.

[lili song]

I never hear this news, I'm not sure china will block all sites since china not accept bitcoin to that country.
Is hard if block the cryptocurrency and ICO sites. I'm sure china just banned bitcoin only. Not block all sites about cryptocurrency and ICO.
The government still search about cryptocurrency problem and the market.

[richminded]

Op, for one to believe in what you said please you should have make an effort to provide your sources of this acclaimed information to help believe in your information and maybe make necessary preparation as it will have negative effect on of us that has crypto currency related business/investment in China.

As much as I know the OP is stating a fact because we all know in the first place that China does not want bitcoin at all, they don't care about this because they cannot control it so they made their own that they can call their own cryptocurrency.

Yeah, this is really possible and if China did this thing for sure cryptomarket will be affected but it will not die. This market does not depend on China, we still have European country to support for this growing technology. I believe China will regulate this thing instead of banning.

[santafewarrior1980]

Although China bans Crypto and ICO's but they did not block sites related to cryptocurrency that's reason why some chinese still do business in cryptocurrency.

[tambok]

Op, for one to believe in what you said please you should have make an effort to provide your sources of this acclaimed information to help believe in your information and maybe make necessary preparation as it will have negative effect on of us that has crypto currency related business/investment in China.

As much as I know the OP is stating a fact because we all know in the first place that China does not want bitcoin at all, they don't care about this because they cannot control it so they made their own that they can call their own cryptocurrency.

Yeah, this is really possible and if China did this thing for sure cryptomarket will be affected but it will not die. This market does not depend on China, we still have European country to support for this growing technology. I believe China will regulate this thing instead of banning.

They knows what is best for their country, and if they think that this will gonna help them to promote their own coin, then there is nothing we can do about them, just let them for as long as in your country you are free to do bitcoin, but at the end of the day, China has a big impact when it comes to price.

[seoincorporation]

It is better if you share your font...
Well, they are against scamming and fraudulent ICOs, as Google itself. To say the truth, from the last month there are a lot of new ways of pishing, scamming &co.
Now, China has been known by their opposition to crypto, so I am not surprised about them pursuing, as other platforms, all this new scamming and fraudulent activities involving ICOs and some other crypto.

[Baoo]

Honestly, what's happening in China is very unfortunate, and in that country there is a total rejection of the cryptocurrencies era, despite that it is very successful and profitable  if recognized from the  governments. But why all these wrong  decisions?  blocked sites of crypto, banning...

On the other hand, I think there will be a solution for those problems or bad decisions in the near future, especially if the success of digital currencies and ICO will continue.
Hopefully that everything will change for better.

[richardsNY]

Well, they are against scamming and fraudulent ICOs, as Google itself. To say the truth, from the last month there are a lot of new ways of pishing, scamming &co.
Now, China has been known by their opposition to crypto, so I am not surprised about them pursuing, as other platforms, all this new scamming and fraudulent activities involving ICOs and some other crypto.

China, basically just like any other government, doesn't care about scams and whatnot. China only cares about how it can keep the majority of its inhabitants ignorant, and that has been going on for years now. Their logic basically is that as long as people remain ignorant, they are very easy to control. Crypto allows people to move value from one country to another instantly, and that without the need to visit a that other country. Capital outflow is one of China's main sensitive spots, and let crypto be the ultimate tool giving people that precious bit of freedom. Great thing is that regardless of their firewall, people will still be able to obtain information and get involved in crypto. 

[Yzhel]

China will block all sites related to cryptocurrency and ICO transactions, including foreign sites.
Ads on cryptocurrency and ICO disappeared from Baidu and China's Weibo
China applies a variety of controls to ICOs and domestic and foreign crypto trading platforms, including a decision to ban all other related businesses, such as local and foreign crypto trading sites.
This statement is seen as a "knock-out" to completely stamp out the domestic cryptocurrency market.

China has always been very critical on bitcoins and crypto-currencies.First,it was banning exchanges,then ICOs and then harassing those who engage in mining activities.They use to control over a third of the mining power.The chinese government blocking all sites related to crypto-currencies is like its final efforts to deny its citizens access to cryptos.It is really sad.The problem with such move is that people will find a way to access crypto-related services using the darkweb.I personally believe that after these crypto-hostile governments have done all they can do to stop cryptos and fail eventually,they will have no choice than to accept it.The world will be eventually decentralized.That is anthropologically conceivable. 

They will do anything for the sake of their own coin, no doubt about it, they can do freely what they want and if they are happy with that, let them be, after such time for sure they will finally open the world for crypto especially  bitcoin and when China already opens the door some countries will follow then.

[jaocoincrypto18]

China will block all sites related to cryptocurrency and ICO transactions, including foreign sites.
Ads on cryptocurrency and ICO disappeared from Baidu and China's Weibo
China applies a variety of controls to ICOs and domestic and foreign crypto trading platforms, including a decision to ban all other related businesses, such as local and foreign crypto trading sites.
This statement is seen as a "knock-out" to completely stamp out the domestic cryptocurrency market.

Maybe this is one of the reasons of why Bitcoin market value cannot rise up permanently due to lot of obstacles are on its way including this one. If China will block the ICO then for sure lot of Chinese investors will be affected losing all potential investments that will support the Bitcoin market. Better if they should regulate it instead of banning as it has more Chinese people are already into Bitcoin investments.

[malbterxic]

   I do not see any problems in this.
Last year in China banned ICO and what it gave ? After a slight correction bitcoin reached an unprecedented height,
it happened during the ban on ico in China!
   Then we can assume that all the negative news is not so terrible, much more influence have a market manipulators.
The fact that in China prohibit trade is nonsense, how to do it ?

[senne]

China will block all sites related to cryptocurrency and ICO transactions, including foreign sites.
Ads on cryptocurrency and ICO disappeared from Baidu and China's Weibo
China applies a variety of controls to ICOs and domestic and foreign crypto trading platforms, including a decision to ban all other related businesses, such as local and foreign crypto trading sites.
This statement is seen as a "knock-out" to completely stamp out the domestic cryptocurrency market.

China has always been the first one and the most effective one in order to oppose crypto currency . After banning crypto currencies and bitcoin in their country this is the another major step that they are taking in order to remove or wipe any sign of crypto world from their country .
It is always a surprise because China was one of the biggest hubs for bitcoin . But what is it all for ? Obviously they are planning something big like endorsing or publicizing their own crypto currency liked with their fiat.                           

[Hexah]

They do, but insignificantly it is always a FUD giving to people yet they are one of the biggest crypto market manipulators. Somehow it is a logical assumption if they will totally implement that one.

[Granxis]

I never hear this news, I'm not sure china will block all sites since china not accept bitcoin to that country.
Is hard if block the cryptocurrency and ICO sites. I'm sure china just banned bitcoin only. Not block all sites about cryptocurrency and ICO.
The government still search about cryptocurrency problem and the market.

Such news is always there, I am constantly experiencing similar threats for at least 1 year. I think the Chinese government is making a lot of money with Bitcoin , but it does not allow people to use Bitcoin. You can guess why.