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Author Topic: China lifts ban on cryptocurrency  (Read 20601 times)
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February 07, 2019, 03:58:32 PM
 #241

China is a tremendous power for the cryptocurrency sphere. It is necessary to understand the situations that arise in this area. Cryptocurrencies can save this situation and China's positive attitude towards cryptocurrencies in general.
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February 07, 2019, 04:00:17 PM
 #242

This is of course good news. But if you look at the market, nothing much has changed. This means that the news may be false, and maybe the local population does not have any business and confidence in cryptocurrency?

I believe that the market is not responding to the news at all, it is waiting.

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February 07, 2019, 04:26:02 PM
 #243

This is of course good news. But if you look at the market, nothing much has changed. This means that the news may be false, and maybe the local population does not have any business and confidence in cryptocurrency?

I believe that the market is not responding to the news at all, it is waiting.
The market still not yet decided about the correct news. But this is just another rumour and china never lifts the ban from cryptocurrency dude, Remember this news has already verified by some people and that's just a rumour. China still ban crypto.

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February 07, 2019, 04:31:45 PM
 #244

I have not seen China as being against cryptocurrency. Afterall china has its own cryptocurrency ranking. What the ban is not cryptocurrency but the exchanges and the reason is because of tax. China want control of cryptocurrency and if they lift the ban, it is great. But since your post, there is no sign that has impacted on the market.


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February 07, 2019, 04:48:37 PM
 #245

A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.
Once again, I make sure that the news and introduced laws do not affect the cryptocurrency market. It has been a long time after this news and the market has not been any changes.






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February 07, 2019, 04:52:13 PM
 #246

Yes, of course, this is very good news and will have a positive impact on the development of Crypto. China is a big country with a ban on Cryptocurrency revoked, of course, there will be more Cryptocurrency fans joining.

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February 07, 2019, 05:32:02 PM
 #247

Yes, of course, this is very good news and will have a positive impact on the development of Crypto. China is a big country with a ban on Cryptocurrency revoked, of course, there will be more Cryptocurrency fans joining.
I think that recently a lot of countries are making a very big bet on cryptocurrency and are introducing the block chain into their financial and banking systems. This suggests a great future of cryptocurrency, and that we will still see the recovery of the cryptocurrency market to the level of 2017, and maybe even higher. Of course, you need to wait for some time.
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February 07, 2019, 05:56:13 PM
 #248

Yes, of course, this is very good news and will have a positive impact on the development of Crypto. China is a big country with a ban on Cryptocurrency revoked, of course, there will be more Cryptocurrency fans joining.
I think that recently a lot of countries are making a very big bet on cryptocurrency and are introducing the block chain into their financial and banking systems. This suggests a great future of cryptocurrency, and that we will still see the recovery of the cryptocurrency market to the level of 2017, and maybe even higher. Of course, you need to wait for some time.
It seems to me that countries should more actively raise the issue of legalizing cryptocurrency and investing some funds in it. They need to affect the growth of the cryptocurrency market.
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February 07, 2019, 07:30:48 PM
 #249

As good as the effect this news will have on the cryptocurrency market, its very false. China is among the countries that put a ban on cryptocurrency and they have not in any way lifted the ban, as citizens in china are not allowed to legally own any form of cryptocurrency. this is because they feel cryptocurrerncy allowing cryptocurrency will have a negative effect on the value of their native currency, so a ban on crypto is the best way to protect their native currency.

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February 07, 2019, 07:37:08 PM
 #250

This is of course good news. But if you look at the market, nothing much has changed. This means that the news may be false, and maybe the local population does not have any business and confidence in cryptocurrency?
They never had ban on crypto currencies I think,they just had ban on ICOs and it is really good thing still they have restrictions so just don't get the old or fake news into an account.Crypto currency is considered as scam money by people and if it is started using by them then governments will lose their money so they will never allow the people to know what is actually bitcoin is.

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February 07, 2019, 07:38:33 PM
 #251

A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.

Is this really a speculation or confirmed news? I have never seen such news from any authenticated and trusted sites.
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February 07, 2019, 11:19:34 PM
 #252

In China, it seems that cryptocurrencies are still prohibited? I only know that they were allowed to accept payment in cryptocurrency.
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February 07, 2019, 11:32:32 PM
 #253

Ban + lifted ban cycle is the most standard thing in crypto ever. Pretty sure government officials are using this to do insider trading and make personal profit.

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February 08, 2019, 06:14:07 AM
 #254

Presently there is no ban on any cryptocurrency in China and cryptocurrency is been used as means of payment over there ,the only ban I heard about is on ICOs and that's because many ICOS from there turned scam and the government wants to save his people
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February 08, 2019, 06:39:46 AM
 #255

Presently there is no ban on any cryptocurrency in China and cryptocurrency is been used as means of payment over there ,the only ban I heard about is on ICOs and that's because many ICOS from there turned scam and the government wants to save his people
I also did not hear about the ban on cryptocurrency assets. For this there were no judicial investigations. Wink
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February 08, 2019, 07:10:05 AM
 #256

We can 100% trust everything says on the internet. If that really happens it is definitely affecting the crypto market. because there a billion people live in China. But we didn't see any good effect on the market yet. If that news is true there will be much news on the internet. I saw this news on the internet and another news says it's fake as well.

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February 08, 2019, 07:40:32 AM
 #257

Is a welcome development for china to participate in crypto currency i hope this boost the price atleast china will create new coins

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February 08, 2019, 07:56:39 AM
 #258

With the Crypto ban revoked, I believe this will have a positive impact. Now my investors think they have legal protection. Because the Crypto ban was also lifted, the Chinese government will provide regulations for Crypto.

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February 09, 2019, 09:08:10 AM
 #259

A good news is back from the most populated and powerful country in the world. China lifts ban on cryptocurrency, individuals and businesses can own crypto now legally. I believe this change will impact on the market value and it may go up now.

Although China has already lifted the ban, there is no guarantee that the community aggressiveness to crypto would come back just like before, this year 2019 the market is still uncertain, as we compared to 2017, we are still at the bad market condition, prices and volumes were still low, but I hope it would come back time to time, as success does not come overnight. The increasing number of scams and frauds contributes to the community trust to crypto, as we are all facing this issue nowadays.
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February 09, 2019, 09:26:26 AM
 #260

I heard the news, in my opinion it was good news but it had a bigger impact on China, in fact not all good news had an impact on the crypto market, the proof is that good news appeared last week but did not affect the market, I am more confident when market demand increases.

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