China uplifting crypto ban?

[Bitbtc8]

I can't stop laughing when I came across this news on twitter today that China is once again thinking about uplifting crypto mining ban in the country, if this is true mehn .......🤣🤣🤣🤣🤣🤣

[1714716791]

1714716791

[Metroid]

Unbanning crypto mining while they still have blackouts and energy price is up 400% in there, come on, more sense in this. This is fake, well the media and manipulators will do everything in their power to create fake news in order to lure sheeps and idiots to buy crypto now and then when the same manipulators crash the market, same thing will happen, they will do everything in order to make sheeps and idiots to sell their coins they bought at xxx price to x price hehe

[flip4flop]

Another full cycle for China when it comes to banning then unbanning. Nothing new just another bunch of ways to manipulate the price until the actual digital currency is ready to go in China this will likely continue to happen and there will be no true enforcement. Its just China testing the waters until then.

[Bitcoin_Arena]

Not sure if this is fake news or legit, but should it be legit, then you can clearly guess and predict what China is trying to do... that is, manipulate the prices of cryptocurrencies.

Ban - Price drops and they buy
unban - Price rises and they sell
Ban - Price drops and they buy
Repeat.

Personally I care less about China. Bitcoin isn't going anywhere.

[Bitbtc8]

Not sure if this is fake news or legit, but should it be legit, then you can clearly guess and predict what China is trying to do... that is, manipulate the prices of cryptocurrencies.

Ban - Price drops and they buy
unban - Price rises and they sell
Ban - Price drops and they buy
Repeat.

Personally I care less about China. Bitcoin isn't going anywhere.

Why use the term bitcoin isn't going anywhere? Are you one of the few that think that bitcoin position will be flipped very soon with another coin entirely? I will wait for your reply

[Grim]

Bitcoin hits right at their nerves.

Bitcoin is a weapon and all goverments fear it more than any amount of nukes.

That is how powerful bitcoin really is.

[electronicash]

Not sure if this is fake news or legit, but should it be legit, then you can clearly guess and predict what China is trying to do... that is, manipulate the prices of cryptocurrencies.

Ban - Price drops and they buy
unban - Price rises and they sell
Ban - Price drops and they buy
Repeat.

Personally I care less about China. Bitcoin isn't going anywhere.

Why use the term bitcoin isn't going anywhere? Are you one of the few that think that bitcoin position will be flipped very soon with another coin entirely? I will wait for your reply

i think he meant bitcoin will not mind what china would do anymore even if they unban or ban again crypro mining. we all know the country has always been decieving.

but as we can see miners had already fleed out from china. are there still going to be interested to build farms when they keep these kind of laws. but then again, i have the feeling they were just driving away those old mining farms so a government funded miners can replace them.

[FP91G]

https://twitter.com/WuBlockchain/status/1452624940843225092

"China is thinking about unbanning bitcoin mining" is a fake news. Carbon neutrality is currently considered the highest political correctness in China, policymakers believe that Bitcoin mining wastes a lot of energy and undermines carbon neutrality plans."


https://bitcointalk.org/index.php?topic=5339708.msg58272222#msg58272222