China Center for Information and Industry Development altcoin pumps

[Stargazer]

Of course, we already know these two coins are actively developing which it is a very good sign for the people who are holding but it doesn't mean they will pump these two coins. Why don't you consider them in a different way, because once the market starts recovering all the coins prices will start increasing in the market.

I do agree with you. Without a proper pump in the crypto market, only ETH and EOS can't be the pump. If China chooses to pump the Bitcoin price then every other coin in the crypto market will be pumped but without BTC, ETH and EOS will fail to make a high price.

[pieppiep]

Of course, we already know these two coins are actively developing which it is a very good sign for the people who are holding but it doesn't mean they will pump these two coins. Why don't you consider them in a different way, because once the market starts recovering all the coins prices will start increasing in the market.

I do agree with you. Without a proper pump in the crypto market, only ETH and EOS can't be the pump. If China chooses to pump the Bitcoin price then every other coin in the crypto market will be pumped but without BTC, ETH and EOS will fail to make a high price.

I think the price of ethereum and EOS can be pumped when the price can recover to the price of $ 20k, so the price of ethereum and EOS will automatically increase in price to become more expensive.

[kkaroul4]

Of course, we already know these two coins are actively developing which it is a very good sign for the people who are holding but it doesn't mean they will pump these two coins. Why don't you consider them in a different way, because once the market starts recovering all the coins prices will start increasing in the market.

I do agree with you. Without a proper pump in the crypto market, only ETH and EOS can't be the pump. If China chooses to pump the Bitcoin price then every other coin in the crypto market will be pumped but without BTC, ETH and EOS will fail to make a high price.

I think the price of ethereum and EOS can be pumped when the price can recover to the price of $ 20k, so the price of ethereum and EOS will automatically increase in price to become more expensive.

that's right so with China pumping these two coins I hope I'm not in China but in all world markets these two coins can pump. because both ethereum and EOS are very good coins

[consideritdone]

I got a feeling Ontology will be to watch this year for china
https://www.coingecko.com/en/coins/ontology
https://www.coingecko.com/en/coins/ontology-gas

[bbc.reporter]

The EOS and Ethereum pump by, I assume the Chinese investors have begun. However, if you are afraid to buy into them because you think the prices are high, then wait for the correction or take a look at the other similar smart contracts projects. Most of them might also be pumped by Chinese traders.

Not only ETH and EOS, but the whole crypto market also pumped. So, I don't think it is happened because of Chinese investors/traders. Rather the crypto market has some good news, therefore ETH hard fork is coming! So, by all means, every coin's price is pumping. You might be right but still, I have a different opinion here.

When bitcoin is pumping, most cryptocoins would also begin pumping without any good reason.

In any case, the speculated Chinese investors that are buying EOS and Ethereum might not be bitcoin holders, however. They first needed to buy bitcoin which caused a pump, then buy EOS and Ethereum, which caused another pump.

[ethereumhunter]

The EOS and Ethereum pump by, I assume the Chinese investors have begun. However, if you are afraid to buy into them because you think the prices are high, then wait for the correction or take a look at the other similar smart contracts projects. Most of them might also be pumped by Chinese traders.

Not only ETH and EOS, but the whole crypto market also pumped. So, I don't think it is happened because of Chinese investors/traders. Rather the crypto market has some good news, therefore ETH hard fork is coming! So, by all means, every coin's price is pumping. You might be right but still, I have a different opinion here.

When bitcoin is pumping, most cryptocoins would also begin pumping without any good reason.

In any case, the speculated Chinese investors that are buying EOS and Ethereum might not be bitcoin holders, however. They first needed to buy bitcoin which caused a pump, then buy EOS and Ethereum, which caused another pump.

So if bitcoin can get a pump, it's the best time for us to sell some bitcoin, right? And then we can buy EOS and Ethereum too just in case those coins can follow increase too. But in these situations, it is difficult to predict if EOS and Ethereum can increase or not because it depends on bitcoin price itself. And when bitcoin can stay or increase for the price now, I guess that many altcoins will rise.

[Suslura]

Of course, we already know these two coins are actively developing which it is a very good sign for the people who are holding but it doesn't mean they will pump these two coins. Why don't you consider them in a different way, because once the market starts recovering all the coins prices will start increasing in the market.

I do agree with you. Without a proper pump in the crypto market, only ETH and EOS can't be the pump. If China chooses to pump the Bitcoin price then every other coin in the crypto market will be pumped but without BTC, ETH and EOS will fail to make a high price.

I think the price of ethereum and EOS can be pumped when the price can recover to the price of $ 20k, so the price of ethereum and EOS will automatically increase in price to become more expensive.

that's right so with China pumping these two coins I hope I'm not in China but in all world markets these two coins can pump. because both ethereum and EOS are very good coins

at least on ethereal, I am fully confident and I hope that he will show his real results after Cosmopolitan and renewal of serenity. As for the EOS platform, I repeatedly notice the migration of the project to this platform.

[Fedrey]

Of course, we already know these two coins are actively developing which it is a very good sign for the people who are holding but it doesn't mean they will pump these two coins. Why don't you consider them in a different way, because once the market starts recovering all the coins prices will start increasing in the market.

I do agree with you. Without a proper pump in the crypto market, only ETH and EOS can't be the pump. If China chooses to pump the Bitcoin price then every other coin in the crypto market will be pumped but without BTC, ETH and EOS will fail to make a high price.

I think the price of ethereum and EOS can be pumped when the price can recover to the price of $ 20k, so the price of ethereum and EOS will automatically increase in price to become more expensive.

that's right so with China pumping these two coins I hope I'm not in China but in all world markets these two coins can pump. because both ethereum and EOS are very good coins

at least on ethereal, I am fully confident and I hope that he will show his real results after Cosmopolitan and renewal of serenity. As for the EOS platform, I repeatedly notice the migration of the project to this platform.

I don't know who to trust today and what information is correct. But if we take into account that these actions of China will be able to benefit these platforms, here I do not see anything wrong.

[bbc.reporter]

It appears that the China Center for Information and Industry Development has declared its next pump for 2019 or 2020. Tron.

According to their updated cryptocoin ranking, EOS is no.1 and Tron no.2 and with Ethereum no.3 hehehe.



Source https://news.bitcoin.com/chinas-crypto-ranking-bitcoin-tron/

[bbc.reporter]

This news article based on data from a report made by Coinlib might prove that my speculation is correct. Chinese speculators are indeed buying bitcoin to buy EOS, Tron, Ethereum and all of their favorite pumps hehehe.



According to data from Coinlib, Bitcoin investments in China rose as the valuation of the cryptocurrency improved. Statistics released by Coinlib showed that the capital inflow into Bitcoin, in terms of Chinese yuan [CNY] placed the fiat currency in the top fiat currencies invested in the crypto ecosystem.

Chinese yuan [CNY] was highly active in terms of cryptocurrency investment. At press time, the Chinese fiat currency registered investments of around $166.49 million in Bitcoin, and Ether witnessed a capital inflow of $75 million in the same period.

Read in full https://ambcrypto.com/bitcoin-btc-witnesses-huge-influx-of-capital-via-chinas-fiat-currency/

[DeepChipolino]

If China will be a country where ordinary money will be converted into cryptocurrency, then it makes sense to take these ratings seriously. Otherwise, we have an objective CMC for now.

[bbc.reporter]

@DeepChipolino. Agreed, only if the investor is only looking for something to pump and dump. You should not trust a ratings agency that rates bitcoin below the possibly scam projects such as GXchain or Onthology.

[sana54210]

If China will be a country where ordinary money will be converted into cryptocurrency, then it makes sense to take these ratings seriously. Otherwise, we have an objective CMC for now.

China is a country that is quick in understanding technology more than us and that is why their economy is growing higher, I wouldn’t be surprise if very soon they convert their money into cryptocurrency.

After all, majority of their transactions has also been digital because it is obvious that virtually every country patronizes their products one way or another especially through Alibaba and most of the payment going through Alibaba has been online, so they might really consider converting their ordinary money to crypto and this will really help the market and value we see in coinmarketcap will shoot higher.

[peter0425]

If China will be a country where ordinary money will be converted into cryptocurrency, then it makes sense to take these ratings seriously. Otherwise, we have an objective CMC for now.

China is a country that is quick in understanding technology more than us and that is why their economy is growing higher, I wouldn’t be surprise if very soon they convert their money into cryptocurrency.

After all, majority of their transactions has also been digital because it is obvious that virtually every country patronizes their products one way or another especially through Alibaba and most of the payment going through Alibaba has been online, so they might really consider converting their ordinary money to crypto and this will really help the market and value we see in coinmarketcap will shoot higher.

Their economy didn't grew because of technology, it grew because they became self-sufficient and then started to exports products. That's why you will see a lot of "made in China", in almost all sectors of the industry. They might understand technology but it's not the main factor why their economy became as what it is today.

Back to the topic, I'm sure everyone knows what's the reason behind why they love altcoins. They just won't simply accept bitcoin because of the freedom it can give to their population.

[bbc.reporter]

@peter0425. Agreed. However, it is not only in China. Greedy speculation occurs around the world with some saying that it is occurring more times in the west in New York or London than in Beijing hehehe.

[5ensei]

EOS isn't a complete product so it does not deserve the number one spot. Even NEO has got a platform ready product so it should be above EOS. Realistically ethereum should retake the number 1 spot as it has proven itself to be capable of hosting thousands of DAPPS

[Tigerw]

EOS isn't a complete product so it does not deserve the number one spot. Even NEO has got a platform ready product so it should be above EOS. Realistically ethereum should retake the number 1 spot as it has proven itself to be capable of hosting thousands of DAPPS

I completely agree with you and really will always support etherium, because I consider this platform as the most profitable for the cryptocurrency market. I’m just pissed off by platforms like EOS, which require more commission ahead before creating a wallet.

[Ucy]

It is surprising to know that the rankings came from the government. I do not think it's proper for government to rank  censorship resistance/decentralized blockchain. They will end giving undue advantages to  government friendly centralized blockchains

[aamirsuh]

Still, the Ethereum is far ahead of them. EOS or NEO need more development. Also Ethereum has a very good system and the costs are very low.

[Leah38]

I prefer looking at cryptocurency market ranking to see what's the top coins. Yes it affects peoples judgment onnwht to invest. Whatever their plan maybe, I see it as a positive sign. That could boost awareness to the public.