Bitcoin Forum
November 14, 2019, 04:48:02 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Excited for a Chinese cryptocurrency?  (Read 152 times)
ethereumhunter
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 502


★777Coin.com★ Fun BTC Casino!


View Profile
September 02, 2019, 02:46:52 AM
 #21

As it turns out, all the excitement may turn out to be a bubble. Or is it not? The Global Times refutes the claim that a central-bank-backed Chinese digital currency is soon to be launched. That's contrary to the recent news we've been getting. Let's see what happens next!


I will wait for the next news from them, and I hope that they are serious about that. I am very curious how it looks like, but I don't hope that it will be looks like Libra.

If they really want to launch their digital currency, I think that will make the market have more competitions of the coins since, in the market, we have so many coins that still compete to reach a better position. Let's see and wait for the update, so we know more about them.
How can you say that we will have much competition when it is going to be local to the Chinese people initially? It is a state backed up crypto for all we know, like Maduro's Petro or Russia's crypto Rubble.

But you will be surprised to hear that they are afraid of Libra? Why it is so? Because their government is suppressive and selfish, and they don't want their people to used Libra and that is the main reason why they suddenly interested on rolling their project their year.

That will be for the Chinese people, but when the currency added in the market, then that currency will have to compete with the other currency, right?

I won't surprise if they are afraid of Libra, but that still cannot prove so far because of Libra itself still on the development. We can wait for which currency will launch first so we can see what people react about that.

1573750082
Hero Member
*
Offline Offline

Posts: 1573750082

View Profile Personal Message (Offline)

Ignore
1573750082
Reply with quote  #2

1573750082
Report to moderator
The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
1573750082
Hero Member
*
Offline Offline

Posts: 1573750082

View Profile Personal Message (Offline)

Ignore
1573750082
Reply with quote  #2

1573750082
Report to moderator
1573750082
Hero Member
*
Offline Offline

Posts: 1573750082

View Profile Personal Message (Offline)

Ignore
1573750082
Reply with quote  #2

1573750082
Report to moderator
1573750082
Hero Member
*
Offline Offline

Posts: 1573750082

View Profile Personal Message (Offline)

Ignore
1573750082
Reply with quote  #2

1573750082
Report to moderator
Ranly123
Full Member
***
Offline Offline

Activity: 812
Merit: 104



View Profile
September 02, 2019, 01:39:42 PM
 #22

Well, China is near Russia so it's not a surprise that Chinese will create their own version of cryptocurrency. Though some people were excited about this progress, other will also think it's another hype to counter what that Libra coin has been through eventhough it's not finalized.

Goodvalony
Jr. Member
*
Offline Offline

Activity: 434
Merit: 6


View Profile WWW
September 02, 2019, 10:46:10 PM
 #23

this is a tactics to fight the facebook libra coin which we all know that it has its backing from the government. this will undermine the decentralized nature of cryptocurrency when the super powers fight for supremacy. the community should be watchful about these centralized project.

█████     |       E3T.co       |       IEO on Dcoin       |    █████
───────              Connecting Global Entrepreneurs              ──────
TIDOVEE
Sr. Member
****
Offline Offline

Activity: 910
Merit: 252


🔵 Agareum 🔵


View Profile
September 02, 2019, 10:59:59 PM
 #24

Wow! so interesting to hear this, knowing fully well that there must be a lot of better values from it,the chinese are sure expert in handling cryptocurrency. but how do we guarantee its decentralization character, which is also one highly value nature of all cryptocurrency? will it be restricted to the chinese, or will it be controlled by the chinese alone? , 

a 
          ████████████  ██████
        ███████████████████████
      █████████████████████████
      ███████████████████████
     ██████████████████████
     ██████████████████████
     ██████████████████████
      ████████████████████
       ██████████████████
       ████████████████
      ██████ ██████
      ██████
       ███████████████.
     ██████████████████████.
    █████████████████████████
   ███████████████████████████
  ████████████████████████████
  ████████████████████████████
   ███████████████████████████
   ██████████████████████████
    ████████████████████████
     ██████████████████████
        █████████████████
           ███████████
areum🎮🛫 
Gamified version
of an airdrop
arpon11
Sr. Member
****
Offline Offline

Activity: 882
Merit: 282



View Profile
September 03, 2019, 02:18:16 AM
 #25

I Don’t see anything wrong if China decided to create a digital currency after all it will make free publications for bitcoin and cryptocurrency! I strongly believe that in the long run many people are going to adopt bitcoin as a store of value including the China government. We have a very good product in Bitcoin and it might be the solutions to the economic problems we are having all over the world.
michellee
Hero Member
*****
Offline Offline

Activity: 1134
Merit: 505


★Bitvest.io★ Play Plinko or Invest!


View Profile
September 03, 2019, 02:25:08 AM
 #26

I wonder what will happen later as we know that the Chinese government wants to ban ning cryptocurrency (or they already did?). The news can make people confuse, and that will make some people will questioning for the next thing that might happen. So there is no other way to us except to wait for the upcoming news that will release. But I think the Chinese government needs to clarify these so we know which is right and wrong and that will not make a question from the people.



.
.BIG WINNER!.
[15.00000000 BTC]


▄████████████████████▄
██████████████████████
██████████▀▀██████████
█████████░░░░█████████
██████████▄▄██████████
███████▀▀████▀▀███████
██████░░░░██░░░░██████
███████▄▄████▄▄███████
████▀▀████▀▀████▀▀████
███░░░░██░░░░██░░░░███
████▄▄████▄▄████▄▄████
██████████████████████

▀████████████████████▀
▄████████████████████▄
██████████████████████
█████▀▀█▀▀▀▀▀▀██▀▀████
█████░░░░░░░░░░░░░████
█████░░░░░░░░░░░░▄████
█████░░▄███▄░░░░██████
█████▄▄███▀░░░░▄██████
█████████░░░░░░███████
████████░░░░░░░███████
███████░░░░░░░░███████
███████▄▄▄▄▄▄▄▄███████

██████████████████████
▀████████████████████▀
▄████████████████████▄
███████████████▀▀▀▀▀▀▀
███████████▀▀▄▄█░░░░░█
█████████▀░░█████░░░░█
███████▀░░░░░████▀░░░▀
██████░░░░░░░░▀▄▄█████
█████░▄░░░░░▄██████▀▀█
████░████▄░███████░░░░
███░█████░█████████░░█
███░░░▀█░██████████░░█
███░░░░░░████▀▀██▀░░░░
███░░░░░░███░░░░░░░░░░

██░▄▄▄▄░████▄▄██▄░░░░
████████████▀▀▀▀▀▀▀██
█████████████░█▀▀▀█░███
██████████▀▀░█▀░░░▀█░▀▀
███████▀░▄▄█░█░░░░░█░█▄
████▀░▄▄████░▀█░░░█▀░██
███░▄████▀▀░▄░▀█░█▀░▄░▀
█▀░███▀▀▀░░███░▀█▀░███░
▀░███▀░░░░░████▄░▄████░
░███▀░░░░░░░█████████░░
░███░░░░░░░░░███████░░░
███▀░██░░░░░░▀░▄▄▄░▀░░░
███░██████▄▄░▄█████▄░▄▄

██░████████░███████░█
▄████████████████████▄
████████▀▀░░░▀▀███████
███▀▀░░░░░▄▄▄░░░░▀▀▀██
██░▀▀▄▄░░░▀▀▀░░░▄▄▀▀██
██░▄▄░░▀▀▄▄░▄▄▀▀░░░░██
██░▀▀░░░░░░█░░░░░██░██
██░░░▄▄░░░░█░██░░░░░██
██░░░▀▀░░░░█░░░░░░░░██
██░░░░░▄▄░░█░░░░░██░██
██▄░░░░▀▀░░█░██░░░░░██
█████▄▄░░░░█░░░░▄▄████
█████████▄▄█▄▄████████

▀████████████████████▀




Rainbot
Daily Quests
Faucet
babysweetTiger0401
Sr. Member
****
Offline Offline

Activity: 779
Merit: 251


View Profile
September 03, 2019, 08:42:22 AM
 #27

As it turns out, all the excitement may turn out to be a bubble. Or is it not? The Global Times refutes the claim that a central-bank-backed Chinese digital currency is soon to be launched. That's contrary to the recent news we've been getting. Let's see what happens next!


I was wondering why all of a sudden Chinese will launch digital currency, as far as I know this China most often ban crypto were they've always opposed it. And they're going to adopt crypto space to their place. Well, China was one of the biggest average of bitcoin mining farm in the entire world so actually.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!