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Author Topic: Bitcoin is Trending on China  (Read 417 times)
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February 11, 2020, 08:29:28 AM
 #21

This is something that usually happens when there is a price movement towards a better direction, but don't say that this is a good sign for Bitcoin, because the trend of increasing Bitcoin searches occurs when BTC prices start to rise rather than vice versa.

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February 11, 2020, 09:18:14 AM
 #22

Look impossible if bitcoin become trending in China because they faced with bigger problem right now by Corona virus, I think they have no time with discussing about bitcoin reached above $10k or not because today how to make their country is safe from Corona virus and try to get back the economic crisis.

Let's not focus about the Corona Virys Outbreak. I read a lot about China being against to bitcoin because they want to create their own cryptocurrency, but look at now. It is trending in bitcoin after all of the bad comments they had to it, they want to prevail and they want to create their own. How pathetic it is to see the one who don't want it and now celebrating just because of its upward movement in its price. Never underestimate the power of bitcoin to change the economy a certain country. It's volatility is nothing when it goes over its peak. The virus has nothing to do with the digital currency because it doesn't require you to go out and have a transaction with.

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February 11, 2020, 09:36:57 AM
 #23

China doesnt seems to like bitcoin in the past years....What are your thoughts about this?

as for China not liking bitcoin, their government obviously (like many other governments) doesn't like bitcoin because it is taking the power right out of their hands and gives it back to the people. but bitcoin is a phenomenon that can not be stopped.
In fact, you can stop cryptocurrency, but it will be a very time-consuming process, well, or a completely wild option, it will simply reduce the entire Internet, and then no one can use cryptocurrency. Well, or the creation of an analogue of the "Internet" as in the DPRK with the most limited list of sites.

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February 11, 2020, 09:47:16 AM
 #24

I think when bitcoin price goes up like 10k or any other level that will be the hottest topic in social media and mainstream media also to discuss about bitcoins I think it happens regularly when bitcoin price reach milestone like 10k mark can be hottest topic all over the world.

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February 12, 2020, 02:25:50 PM
 #25

My opinion is that it doesn’t matter if China likes bitcoin or not. They’ve supposedly banned it numerous times already & the price always recovers.

In conclusion, China either becomes bitcoin friendly in time or gets left behind. Bitcoin will be the biggest wealth transfer we’ve seen soon, it’s a store of value & a great payment tool.

Move with the times or get left behind, your move China!
So.. China somehow needs this bitcoin or maybe this bitcoin could easily be a great asset for China but it still depends on China if they are going to accept Bitcoin in their country.

Bitcoin cannot be used in their country if they are going to banned it, but for sure this is going to affect a lot of businesses and companies in China also their economy since bitcoin has a big impact on China's economy.
But we know that China somehow really is sensitive just banned something that they don't like... probably happened most of the time.

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February 12, 2020, 02:37:32 PM
 #26


One of the biggest social platforms in China, Weibo a microblogging website has the cryptocurrency bitcoin on its 4th hottest topic.
Looks like the world has its eyes on bitcoin since the market is getting hype again.

That's true in which there are some country that are getting hyped again because of the continues rapidly pumping up of the bitcoin and other cryptocurrency that will makes them a great topic to talk about and just like what you have been said it is in the top trending of the weibo which is one of the very good social media platform that may really helps us to introduce cryptocurrency and talks about cryptocurrency.



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February 12, 2020, 03:10:32 PM
 #27

Bitcoin cannot be used in their country if they are going to banned it, but for sure this is going to affect a lot of businesses and companies in China also their economy since bitcoin has a big impact on China's economy.
It's impossible to ban Bitcoin to a point where people can't use it anymore. All they can do explore legal routes most people and businesses will abide by, but in the background there will always be use of Bitcoin.

I don't even know what to believe anymore from all the China articles I read---they are either manipulated on purpose or they are poorly translated where people are presented a false sense of reality, which really really sucks.

I stopped paying attention to China for the most part. It's a huge country but I don't have any understanding of that market nor the contacts that do. In other words, take everything you read with a grain of salt.

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February 12, 2020, 03:14:55 PM
 #28

so that mean china's people seems doesn't care with regulation from their government ?
interesting, the last news from china make the price surge about the president support for blockchain technology,but not for long time.

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February 12, 2020, 04:13:57 PM
 #29

this is what made Bitcointalk.org really a place for crypto because in just a single Tweet or message people here can make story bigger lol.

anyway Bitcoiners are always looking for this kind of topic so some feeling of success will be indeed because we have been tired of reading FUD and Negatives about Bitcoin so it is reasonable that sometimes we will accommodate simple stories but full of positivities.
so that mean china's people seems doesn't care with regulation from their government ?
interesting, the last news from china make the price surge about the president support for blockchain technology,but not for long time.

they are called Chinese mate.

what regulation are you referring at?they are not banning Bitcoin so there is nothing to fear off.
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February 12, 2020, 04:29:56 PM
 #30

It is natural that the bitcoin may cause the trend on the China and it is simply because of the reason that people are getting talk about bitcoin which is getting hyped today in which bitcoin is currently pumping up so it is already a reason why bitcoin is becoming a trend on china also because of what will happen on the bitcoin halving week so that the bitcoin price is getting high and pping up to the fullest. That should be the main reason why bitcoin is being  trending on China.

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April 27, 2021, 04:54:08 PM
 #31

Not only in China, I think bitcoin is also trending in several other countries, the Chinese government made a mistake in 2017 because it banned bitcoin, I think whether there is China or not it doesn't affect bitcoin at all, because I believe bitcoin will grow and will. keep growing ..
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April 27, 2021, 06:09:36 PM
 #32

All the advanced powers, and especially China, which plays a big role in the blockchain, monitor, participate and develop the infrastructure within themselves. Many large national and multinational companies are considering or are already connecting payments to Bitcoin. I think this trend will only gain momentum and by the end of the year, provided that there are no serious shocks for the cryptocurrency in the world, it will become a stable trend. Every company will strive to have this option for their customers. It will be an indicator of modernity and forward thinking.

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cydrix
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April 27, 2021, 06:30:31 PM
 #33

Any country would probably have seen this value and some countries are still speculating the volatility of Bitcoin. Not only China but I think anyone with the right kind of mind would notice some big changes over these past months and it is no easy feat. Bitcoin is sticking like a sore thumb in the market right now. China notices it right away since their mode of transactions made up mof mostly virtual paying so it might have interested them to put up with it.
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April 28, 2021, 03:46:10 AM
 #34

China is a country that has been in the cryptocurrency market for many years. They actively exchange cryptocurrencies, mine cryptocurrencies, and create projects.I am not surprised that Bitcoin is mentioned in the Chinese community, maybe they mentioned it because of the government's control of social media.
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April 28, 2021, 04:39:11 AM
 #35

Nothing special, Bitcoin just trending once again in China since the Bitcoin Price broke past 10,000$.

One of the biggest social platforms in China, Weibo a microblogging website has the cryptocurrency bitcoin on its 4th hottest topic.
Looks like the world has its eyes on bitcoin since the market is getting hype again.





Reference:
https://twitter.com/molllliy/status/1226379077923160065?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1226379077923160065&ref_url=https%3A%2F%2Fbeincrypto.com%2Fbitcoin-trending-china-breaks-past-10000%2F&fbclid=IwAR20_kIk291O5PQJcSCooydusOOUxLmgwJspV8EETmTxD_pRUi0UuNL5W9I


China doesnt seems to like bitcoin in the past years....What are your thoughts about this?
And after 1 month since posting this? Bitcoin becomes trending in the whole world and not only chine right?
Because Bitcoin dumps to the lowest price ever happen for years since the Covid Virus disturb the whole world.

And again Bitcoin is trending in China as they are Banning the Mining in provinces from their territory ..

But yeah this is nothing because it will fade sooner and Bitcoin now is climbing high once again.

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April 28, 2021, 04:41:38 AM
 #36

Its not surprising that bitcoin is trending in China because most of the countries are now into the crypto world, they now see the benefits of having bitcoin, a lot of countries now are now engaging with cryptocurrency especially with bitcoin, that is how good bitcoin now, as bitcoin price keeps on rising, it really gives a big noise to a lot of countries which makes bitcoin being hyped. A lot of companies as well are doing great for investing in bitcoin. We might see mass adoption for bitcoin because of things that happen like this.

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April 28, 2021, 08:38:15 AM
 #37


As far as i knew from online that china government is not promoting or accepting any kind of crypto currency in their country as tradable or investment option. . As they have the biggest digital payment systems they are about to go with their own digital currency...


Bitcoin adoption is gaining great stand-in China as I read in the news recently where the china central bank approved Bitcoin and other stable coins to be recognized as an investment option.

Can i have the link of this article that you mentioned here?
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April 28, 2021, 08:57:40 AM
 #38

I don't care much about the veracity of this information, whether it is true or false I think it doesn't matter in the current market. From the beginning of the bull run I have seen many fuds, but what we are seeing will reflect the fact that fud is nonsense the market is still going up.

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April 28, 2021, 08:58:33 AM
 #39


As far as i knew from online that china government is not promoting or accepting any kind of crypto currency in their country as tradable or investment option. . As they have the biggest digital payment systems they are about to go with their own digital currency...


Bitcoin adoption is gaining great stand-in China as I read in the news recently where the china central bank approved Bitcoin and other stable coins to be recognized as an investment option.

Can i have the link of this article that you mentioned here?
That's an old one year old report that op posted. Btc is trending almost everywhere and china, being a strong economy, can not lag behind.
I am hoping that with Crypto Yuan, btc and other Alts will attract more and more Chinese into crypto space.
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April 28, 2021, 11:37:43 AM
 #40

That's an old one year old report that op posted. Btc is trending almost everywhere and china, being a strong economy, can not lag behind.
yes, I agree and it is true, the country of China is famous for the progress that is developed to do mining in a big way and has been recognized by the world, everyone knows that
btc is not new in china but every person on this country are not tired to celebrate btc happenings and this makes them trending  but countries where btc is recently accepted didnt know how to appreciate btc well because i rarely see them make an event same as china were doing .
  i will be gald if every country compete if who will be in the top trend when it comes to usage of bitcoin .
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