How are you taking the China Bitcoin Ban?

[Nutrient]

This won’t be the first time China would seem to be going to ‘war’ with Bitcoin. They’ve been playing this card over and over and it now seem like a strategy to boost their Economy. They for sure know that negative news tends to affect the market.

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[IamWealth]

It’s quite hard to take China’s stand on Bitcoin serious anymore. They put out these negative news knowing that it has an impact on the market and they wait for the ripple effect. About the amount of Bitcoin that China owns, how was it amassed? We don’t know for sure. It could have been seized from criminals or ‘offenders’ for all we know. The fact that they hold a large amount of Bitcoin don’t mean that they fully support Bitcoin.

[Rengga Jati]

Some reports telling that china government's place is second in holding Bitcoin. But we're seeing that china is always publishing negative news about crypto currency / Bitcoin. They've published noticr about banning Bitcoin in a several times.

It is not new, it has been several times news about this, why should be popular again this time when the market should be bullish?
Maybe there are some certain willingness from certain whales to rise up this issue and spread the FUD 

What do you think about this? How are you taking this ban?

Take it easy, I know that this FUD will always give a negative impact on Bitcoin price to drop down.
That is why we don't need to panic, we know that we are sad every time looking at our dropped assets, but if we panic and do some stupid and panic sell, it will be worse.

[Ziskinberg]

The consensus of the majority seems not to see this it serves as a worrying part of crypto development. People has been satisfied with the market performance without China and the current news that we've heard seemingly doesn't affect us. People who have the trust in crypto will simply ignore this, and I did.

Can't stop them from spreading FUDs just to stop Bitcoin where it continues to grow despite all of these things. We will still be in success without China, that is how we figure out.

[tippytoes]

The consensus of the majority seems not to see this it serves as a worrying part of crypto development. People has been satisfied with the market performance without China and the current news that we've heard seemingly doesn't affect us. People who have the trust in crypto will simply ignore this, and I did.

Can't stop them from spreading FUDs just to stop Bitcoin where it continues to grow despite all of these things. We will still be in success without China, that is how we figure out.

Look at what is happening to the crypto market, bitcoin is going bullish instead of going down. Though there was a slight decline when China announced such news but only short period of time. And now, btc is going up again. So yes, it seems the crypto community doesn't make the news from China a big deal anymore. They can't control what may happen to this market. And will continue to grow without their participation.

[Assface16678]

I don't live in China so I live the way I used to. And also the banning of BTC in China is not new, they already did this multiple times and so I have this immunity of not giving thought about it. Also the fud that it causes is natural for me now and doesn't cause any panic.

[Emitdama]

Some reports telling that china government's place is second in holding Bitcoin. But we're seeing that china is always publishing negative news about crypto currency / Bitcoin. They've published noticr about banning Bitcoin in a several times.
Ref:

https://www.kevinrooke.com/bitcoin.
What do you think about this? How are you taking this ban?

I don’t know, but how did these people get to know about this information that they have posted? How did they know that these groups they have mentioned here are holding these particular amounts that they have listed? Okay, I know it’s possible for the US government to Hodl this amount because I have read stories of them confiscating bitcoins in the past, so it’s possible that they might be holding some bitcoins, although I also read from the news that they auctioned the bitcoins they got. But for the Chinese government, how exactly do we get to know about this, that they are holding this amount and it’s certain?

[Hypnosis00]

The consensus of the majority seems not to see this it serves as a worrying part of crypto development. People has been satisfied with the market performance without China and the current news that we've heard seemingly doesn't affect us. People who have the trust in crypto will simply ignore this, and I did.

Can't stop them from spreading FUDs just to stop Bitcoin where it continues to grow despite all of these things. We will still be in success without China, that is how we figure out.

Look at what is happening to the crypto market, bitcoin is going bullish instead of going down. Though there was a slight decline when China announced such news but only short period of time. And now, btc is going up again. So yes, it seems the crypto community doesn't make the news from China a big deal anymore. They can't control what may happen to this market. And will continue to grow without their participation.

That means the market won't just rely on China, they are not a market player, unlike in its early days where we got heavily affected with their 1st banning attempt but for now, it becomes normal and people never think it. The market moves freely, we got this recovery so fast, and even without China Bitcoin will keep soaring high as it did several times.

Well, I was happy that China is leaving from crypto so these FUDs will stop. And they can't use this anymore as a tool to ruin the future of Bitcoin and the entire market as nobody else is listening to them right now. I know people had read it but just ignore then after.

[EdenHazard]

The consensus of the majority seems not to see this it serves as a worrying part of crypto development. People has been satisfied with the market performance without China and the current news that we've heard seemingly doesn't affect us. People who have the trust in crypto will simply ignore this, and I did.

Can't stop them from spreading FUDs just to stop Bitcoin where it continues to grow despite all of these things. We will still be in success without China, that is how we figure out.

Look at what is happening to the crypto market, bitcoin is going bullish instead of going down. Though there was a slight decline when China announced such news but only short period of time. And now, btc is going up again. So yes, it seems the crypto community doesn't make the news from China a big deal anymore. They can't control what may happen to this market. And will continue to grow without their participation.

or... they might successfully reached their goal to make bitcoin price dropped for a while and the current bouncing back is made in china lol. nobody just know... one thing is pretty sure that china government play it dirty , they talk A but act B..

they ban bitcoin but also facilitate crypto https://www.scmp.com/tech/tech-trends/article/3136515/china-plans-accelerate-blockchain-development-and-adoption-push , and they did it over and over again, people confused and get lost with all of these

[Gyfts]

They aren't enforcing the ban at all, so no one is going to be effected by it.

Give it a few years when they get desperate enough with CNY, they might try to enforce it. This is a country that has millions of muslims in concentration camps so I'd say they'll put up quite a fight (but won't end up successful.)

[pinggoki]

I shrug it off. China has been negative towards bitcoin since time immemorial, and to let such a good piece of technology die just because some Communist Country tells its people it is bad to have freedom through the currency isn't something that would faze me. As a matter of fact, a lot of us here are already fed up with China's bullcrap that they didn't bother getting into the news anymore. And the evidence is bitcoin's sudden pump even during this banning.

I dont care about China, so the things that happened related to them dont even bothered me, I just dont understand why there are still a lot of people who do panic selling when they have heard some news relates to this. The market always immediately reacts when China do these things and besides this is not the first time it happened hoping that next time people will become smarter than they dont also get bothered by this kind of FUD.

A lot of us are like you already my friend. It has been a long time since we've heard anything good come from China, it's time we detoxify and not let these FUD get into our heads. I may sound like some evangelist thinking of bitcoin as a savior of the masses but the thing is, China has antagonized cryptocurrencies for so long that it's just annoying at this point, so there's no reason as to why you should even consider the implications of China ever banning cryptocurrency within their border.

[Dhaniii]

Don't believe the rumors that China has banned the use of Bitcoin. Rumors about China banning the use of bitcoin from year to year are always there, but the fact is that China is ranked second in bitcoin holdings, so there is a possibility that they will want to dominate bitcoin in the future. creating rumors about a crypto ban and bitcoin is a trick to get them to adopt bitcoin at a very low price.