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Author Topic: China's President Xi Jinping said, Blockchain is vital for China’s future.  (Read 289 times)
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October 29, 2019, 03:37:59 PM
 #21

He's only talking about how blockchain is vital though not the cryptocurrency however if China said that isn't it confirmed that the efficiency and benefits that blockchain could bring is actually not just some bullshit but a real thing? Maybe china has found its way into taking advantage of the blockchain technology and made them speak that way.
This thing just making me kind of curious about how is the overall progress of blockchain research around the world. it is said that many big corporate are taking interest to blockchain system since 2018.

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October 29, 2019, 04:38:31 PM
 #22

This is very hot news as well as good news for the world of blockchain. It is undeniable that some time the news was circulating, the price of bitcoin rose by 20-30%. It is inevitable that blockchain is very useful for human life for the creation of fair information in any aspect, and the evidence is easier to trace. Does China really want to dominate the world economy? We will see in November how the performance and effects of DCEP.
China does have many effects on crypto because the biggest dominance is there. when there is good news the crypto market is starting to grow and I hope that for the next few years China makes many good contributions to the market so that the potential price is greater than it is today
I don't think it's only China that will affect the crypto market later. Maybe China is only a battering ram for other countries that are still hesitant to use blockchain technology. If China succeeds with its own blockchain, other countries will automatically follow. That way the world of crypto must be crowded and even glance at the laity.



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October 29, 2019, 08:45:49 PM
 #23

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/

thats mean china's president knew if blockchain is a future technology
and china's want to be a part from the beginning,,
but this will bring more positive impact on cryptocurrency especially bitcoin
regards
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October 29, 2019, 08:51:40 PM
 #24

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/

I think this is very good news for the cryptocurrency market and the entire crypto community. Since most of the mining equipment is located in China, China may well influence the movement of the crypto market. On the other hand, we have already seen in practice how certain news works in the direction of cryptocurrencies. Therefore, I think that it is necessary to monitor the further movement of the crypto market. Now it’s a very real opportunity to see a good BTC pump for the new year.
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October 29, 2019, 10:39:14 PM
 #25

This news announced some days ago, you should change your news portal to get early update

after this news announced, bitcoin price increased >20% in a day! it is one of big pump in this year

besides that, many altcoins from chine increased too not long from this news announced, i feel excited to look forward

 
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October 29, 2019, 10:54:05 PM
 #26

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/

thats mean china's president knew if blockchain is a future technology
and china's want to be a part from the beginning,,
but this will bring more positive impact on cryptocurrency especially bitcoin
regards
Just bring the hype because blockchain is always related to cryptos but china is not going to implement cryptos into their government it seems.
Why china is trying to use blockchain for some reasons it's kinda beneficial if implemented to every sectors. there are many of big companies out there trying to implement blockchain and testing its benefits too but I've never heard the news until now maybe the research is still in progress.
However the massive impact by china's speech regarding blockchain kinda reflects that the biggest fear cryptos facing is china's movement against cryptos.

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October 29, 2019, 11:42:20 PM
 #27

There are several things that need to be underlined in addressing the statement from the Chinese president.
Indeed, at this time the statement supports the existence of a new blockchain and crypto policy in China and this is very influential on the global crypto market.
However, if they really want to make their own coins and control the blockchain, will it actually have a negative effect on other coins? Will China really be welcome to all cryptocurrencies?

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October 30, 2019, 12:54:12 AM
 #28

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/

The movement of the Chinese Government in the economic field is always overseen by investors and this is because China has become one of the countries with the largest economy in the world. By adopting blockchain technology, I think China will be one step ahead of other economies and maybe in the adoption of cryptocurrency

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October 30, 2019, 12:55:53 AM
 #29

That’s why the US needs Andrew Yang for President.  President Blockchain!! He knows this technology far greater than Xi or Trump.  #YangGang #Yang2020
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October 30, 2019, 02:56:07 PM
 #30

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/
We have been saying this for years, but no one shared about us. lol

China is one of the governments that economy has been rising, and if they do not want to limit this increase, they should choose the best. The important issue that interests me is mass adoption, it is progressing well, there is no longer anyone who has not heard about cryptocurrency after the latest news.
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October 30, 2019, 03:40:43 PM
 #31

This will have profound effect on the crypto markets, as 1.5 Billion people look to this market en mass.  I think it is very important to keep an eye on this.
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October 31, 2019, 04:06:43 AM
 #32

I was surprised that the Chinese president only talked about the development of blockchain technology, but also caused the price of bitcoin to increase by 40%, even crazier that the coins were of Chinese origin, they increased by 100%. after one day. That is definitely a price manipulation

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October 31, 2019, 05:06:57 AM
 #33

President Xi Jinping in his Thursday speech said, Blockchain is vital for China’s future. Following this statement, the Chinese tech share prices surged.

Read here: https://coinpedia.org/news/xis-accelerated-blockchain-adoption-pumps-chinese-shares/

China's announcement is very timely because the Facebook coin is about to launch and he wants China to maintain their e-commerce supremacy and by launching their own token they can do that, This China backed coin will be borderless because they have ventured in various countries.

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October 31, 2019, 05:27:41 AM
 #34

Blockchain technology has now become a sophisticated technology that can be used by every country to safeguard the country's important data. Even the bank too already glance at this great technology, it's likely they will also adopt Blockchain technology in banking. China is a country that will adopt Cryptocurrency in their country.
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November 03, 2019, 06:27:48 PM
 #35

I think this performance may be a new wave of hype around cryptocurrencies. If China begins to be actively interested in cryptocurrency, this could lead to market growth.

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November 03, 2019, 06:38:01 PM
 #36

He's only talking about how blockchain is vital though not the cryptocurrency however if China said that isn't it confirmed that the efficiency and benefits that blockchain could bring is actually not just some bullshit but a real thing? Maybe china has found its way into taking advantage of the blockchain technology and made them speak that way.
This thing just making me kind of curious about how is the overall progress of blockchain research around the world. it is said that many big corporate are taking interest to blockchain system since 2018.
That's the point, Chinese government is only concerned about blockchain technology and not crypto, probably because they've seen the essence in some fields/sectors. Well it's still a positive update to all crypto enthusiasts since at least the underlying technology is gaining more traction.

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