China is punishing cryptocurrency

[kingdomofhearts]

1  According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions

2  China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market

Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?

Oh my God. These news are going to make the market crashing down again. We are even experiencing good times and greener market these past few days. This is why I hate bad news when it comes to investment. I have no idea why China is doing this.

[Seriousbizz]

Hmm, well I think China is trying to make its stance with the crypto market and show how vital its support is to it. But please, I think the punishment is enough. lol. we are suffering it as the prices are not going in our favor. I don't know if china's ban on crypto is one of the things affecting the market, but everything just needs to stop and go back to normal.

[cryptohunter]

china is not an issue... stop worrying about them

[Navneet1120]

I think China has banned cryptocurrency. But may be in future, it can again get back to crypto world.

[norcia]

1  According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions

2  China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market

Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?

China is a big country, a country that does not want to be colonized in every way. You know, almost all the products in this world they can make with almost equal form. I think, china will make a crypto that will be used alone, and after perfect they will release it to global market. From the first china is a country that is not shy in observing, stealing, plagiarizing and in the end they have the most perfect product.

[mostkey]

This is not too worrisome news and this is old news, now is a new era where they will consider it, to make massive adoption, then there is nothing wrong for china now they do not want any excessive risk for the development of crypto in china, for more solve it in technology to be more serious in adopting crypto, there is nothing to worry about and waiting for the right time to trust it again.

[Hughesy26]

1  According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions

2  China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market

Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?

I, like many others, don't believe this statement for a second.

Look at the success of Binance and Huobi, originating in China. Look at Neo, HPB, TheKey etc

The chinese love cryptos. And the Chinese government can't stop them from buying it.

They can however easily make up fake statistics, like "under 1% of bitcoin is bought in China". Yeah right 

[nekorakoeora]

Perhaps this will be bad news for crypto. However see this, of course, can also make a big question for China. Crypto fields that produce certainly China also know that there is even big crypto also like NEO which also originated from China. slowly it is possible that this could be a strategy for China to be able to make crypto they have value. or it could be this is a step for the Chinese to make their country safe from crypto.

[Endank]

1  According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions

2  China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market

Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?

I think this is not good news for the crypto community, especially the Chinese community. Blocking cryptocurrency can affect the market price of crypto world. The government should not be arrogant as it is today, enjoying the latest technology is everyone's right. Hopefully tomorrow morning the government sees a different side of crypto and changes mind.

[romaleshc]

After so many bad news about cryptocurrency come from China, I don't believe in any news related to crypto in this country anymore cause seem like all news about cryptocurrency from this country are fake and they were published just to make investors and traders panic then investors and traders in China will have chance to collect all these cryptocurrencies with lower price ). Don't trust too much on news on the interenet if you don't wanna fall into trap of the whales

[febrian1705]

when there is news about crypto world that dropped crypto world in various social media ..
it will become world crypto increasingly famous because people will more want to know what is the world crpto. so do not panic with the news

[tng811]

1  According to new information, the Chinese yuan is used under 1% on the world bitcoin trading floor. Beijing is continuing to crack down on active cryptocurrency transactions

2  China Bitcoin trading has hit a record low since the Chinese government's ban on the crypto market

Like the title. This issue is similar to the US imposition of duties on imports from China. What do you think about this issue ?

This is an old story. There is nothing new about China and this will not have any impact on the crypto market now. The market is in downtrend and good news cannot even pull it back. It needs time for this cycle to get over.

[asyakashi]

i am bored with china, they always do this repeatedly.
and bloody markets. their efforts have always managed to reduce the price of Bitcoin.
i hate with information about this.

[s31joemhar]

I think that is not good because the cryptocurrency does not do anything wrong or any activities that forbidden the rule of their law,
it is a unfair case to case basis if they do that without a valid reason.

[districtOx]

I think that is not good because the cryptocurrency does not do anything wrong or any activities that forbidden the rule of their law,
it is a unfair case to case basis if they do that without a valid reason.

China rules the financial world in every way. Therefore, they ignore Bitcoin clearly not so much. But if the boat moves, fasten your seat belts ... we can fly heavily up, and even more down...

[bazukalol]

Perhaps this may affect the market price of the cryptocurrency.  We'll wait for what happens.

[superstarbtc]

china will soon regulate bitcoin and accept bitcoin in the mainstream of all business China is working strong on blockchain and other cryptocurrencies

[Jombrangs]

That is not great because China is one of the biggest country and one of the most powerful and influential in the whole world.
That thing will bring a huge problem in future in their business.

[anahata]

After so many bad news about cryptocurrency come from China, I don't believe in any news related to crypto in this country anymore cause seem like all news about cryptocurrency from this country are fake and they were published just to make investors and traders panic then investors and traders in China will have chance to collect all these cryptocurrencies with lower price ). Don't trust too much on news on the interenet if you don't wanna fall into trap of the whales

It's constant cycle of pump and dump news from this country. First they bring some negative news, and price dumps, then they take it back, and everyone is merrier. Soon, any news coming from them won't even matter.

[megaflux7]

I don't think this has anything to do with the current ongoing trade war between the US and china.
Way before it started the chinese govt. Has raise its flag of no confidence against crypto.

I just hope china and the rest of asia which is really pertinent to the success of cryptocurrency see its inevitability and reduce its clamp down on it.