China trying its best to get hated

[PercT4b]

I honestly think that people are starting to get really sick of China's behavior.


What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).


Should we really expect a bear market?

[noorman0]

The hatred only comes from crypto supporters who see China as a barrier to global adoption or creating bearish sentiment. So far don't know the exact percentage of the entire human population that actually supports crypto. If it was only a small part, then this hatred was nothing to them.
But who denies that China is a great business paradise? Chinese people will not really run in that country because their government offers better things (in their opinion), on the contrary they always attract the attention of non-Chinese. And in fact, China dominates the technology market share worldwide.

[MusaMohamed]

The market is manipulated by whales and governments. It means they don't ban the market. Who do ban if they can abuse the market and their ban hammers to get benefits?

Do you think governments don't involve in Bitcoin and crypto market? They can print their fiats and use them to invest in crypto market. They prepare and release governmental news to manipulate market in their favorite plans.

Do you think governments not get anything from all news and fud they do?

[mk4]

This has been like what? The 74278323th time China has dropped a hammer on bitcoin/crypto already? And funnily enough, the FUD is still working lol.

[Yogee]

September 2017 - People Bank Of China "bans" crypto then market dipped before surging to a $20K ATH.

2018 to 2020 - China cracks down on exchanges, miners, and everything in between hehe.

September 2021 - China "ban" on crypto again. Sounds familiar now? Let's see if history repeats itself.

They do not really care whether they are hated by those who liquidated or crypto enthusiasts. They do what they like since they can. Let's also not forget that they are getting ready for their CBDC.

[FulxilCoris]

Every time I talk about China I don't want to care and don't like this country. Because China is a barrier to global adoption or creates bearish sentiment. The market is manipulated by Chinese whales and the government. It means they don't ban the market. Who will ban if they can abuse the market and their ban hammer for profit?. But the more China tries to ban bitcoin the more bitcoin is going to rise in price.

[Dhoe]

China is indeed famous for its strong economy, they will do whatever they want, in my opinion stupid people, China must have certain intentions, 2017 China banned bitcoin, 2018 it banned again, now 2021 it's doing the same thing again, even their ban on crypto is getting worse, I think they want to manipulate the market, I'm sure the Chinese government is also playing crypto, the proof is that even though the government has banned crypto in their country, crypto is mushrooming there..

[Lorence.xD]

It's not that they intend to be hated, they're just looking out for themselves and that they want to be different when it comes to decision making, they do what they think is best for their motherland and for the party.

[cotton ball]

as smart as a squirrel jumps once, it will surely fall too, that's the best saying for the Chinese government, even though China has everything, and has a strong economy, and can suppress other countries with its financial strength, but without him realizing it, other countries are uniting to bring down they, with China spreading hatred towards crypto currency, without him realizing he was looking for his own enemy, crypto silence does not mean he lost, but crypto is designing a strategy to fight,

[Theones]

The hatred only comes from crypto supporters who see China as a barrier to global adoption or creating bearish sentiment. So far don't know the exact percentage of the entire human population that actually supports crypto. If it was only a small part, then this hatred was nothing to them.
But who denies that China is a great business paradise? Chinese people will not really run in that country because their government offers better things (in their opinion), on the contrary they always attract the attention of non-Chinese. And in fact, China dominates the technology market share worldwide.

China is one the global super power and there decision greatly effect world affairs. In my opinion, what china did with crypto is an expected thing, sooner or later we will see other big economic powers doing the same. Its us, the crypto community who are shocked by such decisions every time. There is no reason for governments to promote crypto (in its decentralized form) and that's what they are doing.

[livingfree]

A real manipulation.

Don't buy the FUD but instead, buy the market that's currently dipping and going low. Just ride what they do and you'll also be in favor if you what they do.

Get used to it.

[MinoRaiola]

I think there are many people in China who do not like the decision, but they have no choice. In China, so much is forbidden that you often get into dangerous situations to do something forbidden. Imagine you are not allowed to use google.com or your BTC would be illegal now. wtf?

[Cryptmuster]

I think there are many people in China who do not like the decision, but they have no choice. In China, so much is forbidden that you often get into dangerous situations to do something forbidden. Imagine you are not allowed to use google.com or your BTC would be illegal now. wtf?

A country of prohibitions, but China has always had such a policy and the government very tightly controls any violation, so there is high discipline, what people are told, they do. Of course, many do not like this, but I think that people have no choice, they have to do it in order to survive. Why is China restricting people's access to cryptocurrencies so much? Probably to limit their capabilities and still control them...

[Fesatmas]

What does he care about China's role? why should we focus and make China a center of study on crypto growth? We have to stop them, and let China get rid of the crypto world. China's ideology and state system will cover all economic, social and political sectors. Influence in one command.
We just need to do something so that in the future Bitcoin does not fall into countries like China at that time.

[haidil]

So we can conclude the flow of China's desire, as far as I understand is that anything that has the potential to grow the economy in a country or globally, China will face all its political forces. Not only Bitcoin, but the economic market between countries, political upheaval and social status in the eyes of the world. China just wants to disrupt that growth system as quickly as possible and indoctrinate the products they offer. Currently, not a few countries that have submitted to China and then offer Yuan as a form of their method of spreading adoption?

And here it is clear that China is a country that wants to stand above the policies of other countries, especially countries that are indebted to you.

[BIT-BENDER]

The hatred only comes from crypto supporters who see China as a barrier to global adoption or creating bearish sentiment. So far don't know the exact percentage of the entire human population that actually supports crypto. If it was only a small part, then this hatred was nothing to them.
But who denies that China is a great business paradise? Chinese people will not really run in that country because their government offers better things (in their opinion), on the contrary they always attract the attention of non-Chinese. And in fact, China dominates the technology market share worldwide.

The Chinese Government, can be insensitive about the effect of their actions on people and countries outside China, chinese are good in business, going into partnership with private companies, other government, giving away of loans, but many of their partnership or business don't consider humans, eco system, I don't find it excitingly New if china take decisions on Crypto-currency, that can effects it in set-backing ways.

[Fortify]

I honestly think that people are starting to get really sick of China's behavior.


What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).


Should we really expect a bear market?

Out of all the nasty stuff that China has been up to in the last few years, if you only turned against them because they have banned cryptocurrency then quite frankly your opinion is worth very little. It is funny to see so many people raging about this new development today when the writing has been on the wall for a long time now and the politicians in China were never going to allow a currency outside of their control operating within their borders. It actually closely ties in with the property developer with huge debts that is currently looking to go bust shortly - there are many people who will try to flee with money that is easy to transfer across borders than the Yuan, whether it is insider traders or officials who have enough to run before the authorities start chasing them.

[Yaunfitda]

I honestly think that people are starting to get really sick of China's behavior.

Who wouldn't? I mean in the global market they have dominated in the last 5-10 years by they have starting to act like a dick recently.

What's really amazing is that they don't understand that they are cutting themselves out from a super-growing market, letting all major investor taking all their money to other countries (like the mining exodus happened recently).

Believed me they understand the consequence, but the government doesn't care, as long as they have total control and not giving their people freedom to choice that will be ok for them.

Should we really expect a bear market?

Short term maybe, but we all know that bitcoin can't be stop not even as big as China is.

[Dave1]

Ok, so let's see how this ban will affect the price.

New all time high?



https://twitter.com/RayNasser123/status/1441369263613169671

[swogerino]

It's not that they intend to be hated, they're just looking out for themselves and that they want to be different when it comes to decision making, they do what they think is best for their motherland and for the party.

History will repeat itself and we will see this was and is the biggest China error removing all mining from there.Now they want to declare every crypto operation illegal but this is a move no one really cares from outside the country,I only feel sorry for the Chinese people who are involved in mining and crypto,I don't care for the People Party of China,that last standing communist party is from long that I think should get removed from there and let China be a free country like the rest of the world.Bitcoin and crypto operations will continue to live even without China,the price has already started recovery so the bottom line is that they have taken the wrong stance against cryptocurrencies now.