Chinese coins pump coming?

[DOH!]

Thank you for that, I'll definitely be taking a closer look at conflux.

But wasn't Neo considered to be the chinese ethereum for a long time too? IIRC Neo was also accepted by the chinese government in some way?

well NEO is called chinese ethereum for long time but what had NEO proved after? this is the reason why many investors lose their faith in this coin and convert to other currencies , but there is a chance that NEO will have pump now since Hongkong will Unbanned crypto but the thing here is that , will it be last long? or just another pump and dump ways of investors?

Yes, I guess just relying on the accepted upbeat signals from Hong Kong won't give a sustainability to NEO that way, the excessively rapid speculative demand will create hype that the market can't keep up with response.  It will just be Pump and dump
- NEO was expected to be the ETH of China but that has changed from the proof-of-concept for development.  Market demand and reception will change over time for the altcoin range

[GelatikKembar]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I am optimistic for Chinese narrative coins, because this is very bullish news,
CFX has experienced a very high increase and I am sure that several altcoins from China will also follow CFX,
my advice is to just stock up on Chinese narrative coins, and one of the coins that is still very cheap is VSYS, you can buy it on Kucoin.

[Why you bully me]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I am optimistic for Chinese narrative coins, because this is very bullish news,
CFX has experienced a very high increase and I am sure that several altcoins from China will also follow CFX,
my advice is to just stock up on Chinese narrative coins, and one of the coins that is still very cheap is VSYS, you can buy it on Kucoin.

Thank you for your input, what do you like about vsys?

[Similificator]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I ain't gon tell you to buy, instead I'm telling you that I bought quite a few and currently thinking if I should buy a bit more to balance the amount on all these except VET which I had bought way before the others mentioned. I Didn't spend a lot of capital on the rest of these coins though, just a small enough amount to make me smile when I get profits and frown a little when I suffer a loss, lol. Besides, these coins ain't that bad compared to most shitcoins out there anyway so I'm quite satisfied with this investment. Bull run or not, I can store them away and forget about them anyway so all good. xD

[ivankoh]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I see it as an optimistic signal, we can't deny that Hong Kong/China money is trending into huge crypto, which shows the growth potential of the assessed altcoins  this high.  I do and am optimistic with FIL - and its data platform will combine with web3 will become a hot spot of great attraction.  We are still a long way from the altcoin bull season and it is a good time to seize the opportunities.

[TastyChillySauce00]

Hongkong may life the ban on those coins next months but i think that it will not give a huge impact on the price. The era for those coins is already gone. This time the only new coin that got hyped. The hype will come after bitcoin will be pumped so high again.
I think that the price will remain the same. Even after such news and there was a big change in the price of tokens. There's no movement at all. Im skeptical with chinese coins these days.

[bittraffic]

Hongkong may life the ban on those coins next months but i think that it will not give a huge impact on the price. The era for those coins is already gone. This time the only new coin that got hyped. The hype will come after bitcoin will be pumped so high again.
I think that the price will remain the same. Even after such news and there was a big change in the price of tokens. There's no movement at all. Im skeptical with chinese coins these days.

It could either be the calm before the storm or the Chinese just have no interest in these tokens. FIL token pretty much have a good value back when it started but looking at it now, it seems like only the dev team is holding on.

We may really have to wait for what sort of regulation clarity they have for the Chinese otherwise it will be just like what Gensler is doing. There will also be a turf war for regulatory boards.

[Reatim]

Hongkong may life the ban on those coins next months but i think that it will not give a huge impact on the price. The era for those coins is already gone. This time the only new coin that got hyped. The hype will come after bitcoin will be pumped so high again.
I think that the price will remain the same. Even after such news and there was a big change in the price of tokens. There's no movement at all. Im skeptical with chinese coins these days.

It could either be the calm before the storm or the Chinese just have no interest in these tokens. FIL token pretty much have a good value back when it started but looking at it now, it seems like only the dev team is holding on.

there are so much time to wait mate, because this will be happening in the couple of months meaning we can expect or  not mate so lets not speculate that soon.

We may really have to wait for what sort of regulation clarity they have for the Chinese otherwise it will be just like what Gensler is doing. There will also be a turf war for regulatory boards.

actually the important thing here is that they are unbanning crypto and that is what we have to understand and bare with.

[kotajikikox]

Hongkong may life the ban on those coins next months but i think that it will not give a huge impact on the price. The era for those coins is already gone. This time the only new coin that got hyped. The hype will come after bitcoin will be pumped so high again.
I think that the price will remain the same. Even after such news and there was a big change in the price of tokens. There's no movement at all. Im skeptical with chinese coins these days.

The question stands about chinese coins mate and the the whole market specially not bitcoin so lets talk about those coin and not general.
there is a coming hype for most of chinese coin but i doubt that the situation will last very long because in my views?
this will be used by whales to manipulate the prices and fool those greed and noob.

[Psynthax]

it's not gonna be any significant news, after all, i think many capital that truly wants to invest in cryptocurrency has moved from that place to neighboring country like singapore.
i'd say even if ban is lifted, surely the current value will just stays the same.

[Why you bully me]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I ain't gon tell you to buy, instead I'm telling you that I bought quite a few and currently thinking if I should buy a bit more to balance the amount on all these except VET which I had bought way before the others mentioned. I Didn't spend a lot of capital on the rest of these coins though, just a small enough amount to make me smile when I get profits and frown a little when I suffer a loss, lol. Besides, these coins ain't that bad compared to most shitcoins out there anyway so I'm quite satisfied with this investment. Bull run or not, I can store them away and forget about them anyway so all good. xD

Sounds like you are hodling these for a bit of a longer term than the rest. What makes you not want to sell in the short term for quick profits?

[bitkanu]

I will be honest that I think it will have very little thing to do with the value of bitcoin, ban can be lifted, but everyone already investing in cryptocurrency basically bypassing the ban through various means and that maybe also include using management company outside of their country, but I guess it's just gonna add more legal perspective for their respective investor in the hongkong but i don't think it will be significant enough honestly.

[JeffBrad12]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

Doubt it will be earth shattering news, at best it will just adding legitimacy towards bitcoin investment which is a good thing but doesn't mean buy order gonna magically come.
but maybe it's good decision if you're so into the coin you mentioned to invest in them just in case, but I think if these news about lifting is actually a thing and actually have some effect, don't you think bitcoin will be the ones that gain most of increase? but considering conflux value spike at these recent months maybe it's gonna got some good thing ready.

but i'd rather bet in NEO in this case since it seems it got considered as a pioneer of coin that quite literally got cancelled out of its glory time because of the banning, maybe once it got unbanned it will rise really high but considering many have been going on ever since the banning, maybe attention has shifted and things will be different this time around.

[Similificator]

Sounds like you are hodling these for a bit of a longer term than the rest. What makes you not want to sell in the short term for quick profits?

Yup. I have indeed been holding these coins for quite a while now while having held vet even longer than the rest of them. The reason is simple, it's because I like them coins enough to keep DCA-ing on them and not chase quick profits when it isn't necessary. These times are times of accumulation. The longer you stay in this industry, the more you'll
be able to understand what I mean fundamentally. Also, my secret for not panicking or getting over excited when the price moves up and down is due to not over investing, and I make sure that I invest only because the coin is good enough for my standards after looking into them and not just because of bull runs or overexaggerated hype.

[killerfrost]

(...)What are your thoughts?

China's money pump or miners are entering the crypto market is really interesting news and should be watched closely. It seems that the crypto market is becoming a land where investors and tycoons can make great profits, and China's participation in the production of cryptocurrency miners to supply the market school is a sign that they are interested in participating in this game. In addition, the fact that Hong Kong is seeking to lift the ban on cryptocurrencies is also a positive signal for the crypto market, showing that the government is interested in the development of cryptocurrency technology and are considering opening the market.
However, China's participation in the production of money pumps is also an alarm for the crypto community, so investors and users need to be more careful in managing their investment risks. . The use of Chinese miners may affect the security and fidelity of the blockchain.

[rodskee]

Thank you for that, I'll definitely be taking a closer look at conflux.

But wasn't Neo considered to be the chinese ethereum for a long time too? IIRC Neo was also accepted by the chinese government in some way?

well NEO is called chinese ethereum for long time but what had NEO proved after? this is the reason why many investors lose their faith in this coin and convert to other currencies , but there is a chance that NEO will have pump now since Hongkong will Unbanned crypto but the thing here is that , will it be last long? or just another pump and dump ways of investors?

Yes, I guess just relying on the accepted upbeat signals from Hong Kong won't give a sustainability to NEO that way, the excessively rapid speculative demand will create hype that the market can't keep up with response.  It will just be Pump and dump
- NEO was expected to be the ETH of China but that has changed from the proof-of-concept for development.  Market demand and reception will change over time for the altcoin range

There might be no sustainability for the price and it may not last long but of course the main objective here is if NEO and other Altcoins will have their way to go up now since the bear covered the whole market. And HongKong will give them chance to grow once again.

[poodle63]

Is it hongkong really gives big impact? In my opinion if hongkong was not china as it has its own govermnet bodies. I think that we are being to optimistic to hope if chinese coins will be getting huge impact from the ban lifting by hongkong regulartors.

The era is changing right now. There are so many better coins than those old chinese coins. Those chinese coins may be dead in the future.

[RussianEnglishTranslation]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I always got rekt investing in Chinese projects because there are too many scams from there. I stick with western projects like IOTA and Q Blockchain, both of which are heavily regulated and have real world partners, not hype.

[newdevices]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I always got rekt investing in Chinese projects because there are too many scams from there. I stick with western projects like IOTA and Q Blockchain, both of which are heavily regulated and have real world partners, not hype.

Before investing, of course you also have to look at the fundamentals of the Chinese altcoin first,
may I know which Chinese coin you were scammed by?

[someone703]

(...)What are your thoughts?

The Chinese money injection and Hong Kong lifting of the crypto ban may affect the crypto market but the impact depends on many different factors. A number of cryptocurrencies related to the area up there posted impressive gains following the news, which shows the confidence of users in the cryptocurrency. However, this can also lead to a decrease in the value of some cryptocurrencies as they fail to meet the requirements of competition and development in a short time. And the truth that I can imagine is that when China is pumping money, this can lead to increased inflation and a decrease in the value of the currency and traditional assets. However, the cryptocurrency market may not be affected much because it is not regulated by traditional monetary policies and central bank regulations.