Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: TomPluz on September 28, 2021, 04:41:15 AM
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
I agree with you, I think crypto will always exist without chinese.
Well, chinese is the biggest economy at the world.
But I think other countries will accept bitcoin and altcoins.
Crypto currency is the future currency, I think Chinese government will accept at the next several years again.
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~snip~ I think crypto will always exist without chinese.
Thats corect, but we must know china is the biggest for economy and has many big companies at the world.
I think china will rethink to ban bitcoin.
Because Bitcoin and altcoins will be addopted by many companies.
So, I dont believe the big country such as chine will ban bitcoij forever.
Lets see.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
China constants ban on crypto has turned a blessing in disguise for all crypto lover. For me, it has become ineffective and very soon, it will not be taken seriously and it will definitely become a boost in near future especially for buyers who are looking for opportunity to enter the crypto space at some low or reduced price. Crypto will land in moon soon.
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I think crypto will always exist without chinese.
Crypto is decentralized, it never relies on a country, including China. Of course, crypto will continue to grow without China. China is not a factor to determine crypto development in the future. However, I think there are still many people from China trying to stay trading or investing in crypto. They may move to other countries to do it.
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China has a large population and huge crypto assets, imagine when many holders in China sell billions of dollars worth of crypto, how the market will be affected. DEX can help somewhat but cannot help us get rid of the influence of negative information coming from China.
Anyway, China is slowly giving up its influence in the crypto market.
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~snip~ I think crypto will always exist without Chinese.
That's correct, but we must know china is the biggest for economy and has many big companies at the world.
I think china will rethink to ban bitcoin. Because Bitcoin and altcoins will be adopted by many companies.
So, I don't believe the big country such as chine will ban bitcoin forever. Lets see.
I prefer to think that once China will be successful in eliminating cryptocurrency from its midst, there will be no turning back. Except, f course, if there will be a huge change of regime in China...meaning a new ruling party is installed which may have a different point-of-view with cryptocurrency. Unless that will happen, we should start discounting China in the crypto market. And we have nothing to worry about because Facebook and Google and even YouTube got so BIG even if they are not allowed to do business in China.
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The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.
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China could be a non-factor in cryptocurrency, but the cryptonian people within China is a big factor. Imagine every time China announce/announced crypto ban, we can expect the next scenario of crypto prices are going doomed. The movement effectively move differently in unexpected drop. Liquidated is so much in just a moment. That's how the impact of Chinese government chasing cryptonians. Btw, as what some said, China play crypto very well. Therefore China is a big factor to change the movement of crypto rapidly. Whatever, Crypto will continue to work and move with or without negative news from China.
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The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.
I think no one can refuse the future technology such as bitcoin and altcoins.
I think I agree with you. China will accept crypto and as you said crypto currency will go officially in China.
It's just matter of time as many senior said here.
No worries about crypto.
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On the one hand, China is banning cryptocurrency, on the other hand, El Salvador has officially accepted Bitcoin as the first country in the world. If one door closes for cryptocurrency like this, the other door will open. So there is nothing to worry about. We hope china will accept crypto very soon.
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Unconditionally, the cryptocurrency will exist even if China abandons it. because there are still many other countries on earth that are already starting to adopt cryptocurrency, such as El Salvador. The rest will also come to this sooner or later. It's just a matter of time.
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Unconditionally, the cryptocurrency will exist even if China abandons it. because there are still many other countries on earth that are already starting to adopt cryptocurrency, such as El Salvador. The rest will also come to this sooner or later. It's just a matter of time.
Of course. Without China crypto will still alive. But the effect is not as massive as it is. Crypto adoption will grow little by little as we know "little things will become huge in due time."
Go Beyond as expected and predicted.
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The market changed a bit after the Chinese government completely banned the use of cryptocurrency mining cryptocurrency but The market could not hold back now the market is in a much better position than before.
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Market conditions worsened after the Chinese government announced it would stop cryptocurrency mining. However, the situation in the cryptocurrency market is slowly improving again. So the market situation is much better than before. In this journey, the price of other coins including Bitcoin is likely to increase a lot. So it turns out that other countries have increased the level of investing and trading in cryptocurrencies.
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China often makes Cryptocurrency traders and Investors panic when China publishes bad news about Cryptocurrencies. It's time we no longer care about what the country says, ignore it because even without China, I'm optimistic Cryptocurrency will continue to grow rapidly.
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I don’t believe in the dramas of those countries that constantly talk about cryptocurrency approval and suspension. Gives different negative news at different times. In fact, they want to dominate the cryptocurrency industry. So according to them many traders panic and follow them. I think cryptocurrencies should be trusted for trade. So that a businessman can make a profit at some point. To trade with cryptocurrency, it is better not to listen to these negative news. Because it is possible to benefit if you have more patience.
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Unconditionally, the cryptocurrency will exist even if China abandons it. because there are still many other countries on earth that are already starting to adopt cryptocurrency, such as El Salvador. The rest will also come to this sooner or later. It's just a matter of time.
Well, there are still many countries will accept and addopt bitcoin and crypto technology.
So, I think China issue is not big problem for crypto.
Affected, but not more.
We will see crypto will more popular at other countries and will go up.
Although China is the biggest for economy, but No one can control crypto currency.
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The market changed a bit after the Chinese government completely banned the use of cryptocurrency mining cryptocurrency but The market could not hold back now the market is in a much better position than before.
The Chinese government is an important investor in Bitcoin. The Chinese government was investing in Bitcoin at the time when the government imposed a major change in the Bitcoin market. But this time the bitcoin market has had the opposite effect.
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On the one hand, China is banning cryptocurrency, on the other hand, El Salvador has officially accepted Bitcoin as the first country in the world. If one door closes for cryptocurrency like this, the other door will open. So there is nothing to worry about. We hope china will accept crypto very soon.
I agree with your valuable information. Because if one door of cryptocurrency is closed, another door will be opened anew. China is the only country in the world to have a cryptocurrency. Hold on. So we should not lose hope. Something better can be expected in the future of cryptocurrency.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
It is easy to say but difficult to believe that China is a non factor . I am appreciating that china cover many news about BTC and cryptocurrency and sometimes this effect on BTC price and sometimes not but one thing we must not forget
That china is the largest economy country in the world and if china really bans BTC or digital currency then the effect will down all over the world
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
It is easy to say but difficult to believe that China is a non factor . I am appreciating that china cover many news about BTC and cryptocurrency and sometimes this effect on BTC price and sometimes not but one thing we must not forget
That china is the largest economy country in the world and if china really bans BTC or digital currency then the effect will down all over the world
Of course china a factor in the cryptocurrencies market because China a widely populated countries in the world and most of the people in china using cryptocurrencies. When china governments declared cryptocurrency as a ban then market pretty much down but now market better than before.
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I think it's because China has a lot of people who have become rich, so that makes China very afraid if they have exchanged money because they can give a lot of significant influence, the games played by Chinese people are very good so they can always get a lot of profit.
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We have been seeing for some time now that China has imposed a one-time ban on this bitcoin. After a while, Tarai makes good news. When they When the bad news was published, the price of Bitcoin went down a lot. They took the opportunity to buy Bitcoin. And later they sell this bitcoin again with a good news.
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You should not identify China as a non-factor because China is an important country in cryptocurrency. China is then able to bring about a major change in the cryptocurrency market. Most cryptocurrency exchanges rely on China. So it is never right to take China as a non-factor.
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After all, the crypto market is recovering and BTC has passed 58K. China failed in its BTC dump plan. The world crypto community has surpassed China's FUD quickly. Maybe we should forget the China factor in the future when it comes to crypto.
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After all, the crypto market is recovering and BTC has passed 58K. China failed in its BTC dump plan. The world crypto community has surpassed China's FUD quickly. Maybe we should forget the China factor in the future when it comes to crypto.
Yes , that's funny. After china ban bitcoin mining, we all see bitcoin already touched 58K USD. I think investors always have own analysis and hasn't been influenced by China issue
That's really good .I think bitcoin will reach 60K USD soon.
Let's see big brother and sister, keep hold and wait.
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You may not have noticed it but people from China(and colonies under it like Taiwan, Taipei and Hong Kong) are huge crypto users and investors. Crypto is more or less an Asian thing(with good intrusion from the US) so people from China react to the news. They all use VPNs to interact with crypto platforms
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
I think it' waste of time ,if we always talk about China.
We several time always see the FUD from China.
China banned bitcoin mining etc.
But It will never effect more to bitcoin and altcoin.
Believe it. Fudder gonna fud.
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Everyone is shocked to hear that China has banned cryptocurrency. However, the world's first country has supported Bitcoin. This is the law of natureEveryone is shocked to hear that has supported Bitcoin. This is the law of nature It is normal for the food door to open when any one door is closed. Cryptocurrency will not stop for anyone.
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Of course China is a developed country all over the world. Most people in China relied on cryptocurrencies. But the current state of the market has deteriorated due to the current ban on cryptocurrencies. So are we If one door is closed, a thousand doors will open. More developed countries in the world will wake up with the support of cryptocurrency.
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Indeed, back in 2019 the effects of news from China were really felt on the cryptocurrency market, creating a rapid rise and fall of cryptocurrencies and made all traders panic.
I also feel the increase because I was also in 2018 when all altcoins were down and it was difficult to get back up so that my fortopolio was reduced.
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Indeed, back in 2019 the effects of news from China were really felt on the cryptocurrency market, creating a rapid rise and fall of cryptocurrencies and made all traders panic.
I also feel the increase because I was also in 2018 when all altcoins were down and it was difficult to get back up so that my fortopolio was reduced.
It's several times happened before.
So I think I don't care when China ban bitcoin or altcoin.
I still believe they want to accumulate and buy bitcoin at cheaper price.
Then they will sell on high price.
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It's several times happened before.
So I think I don't care when China ban bitcoin or altcoin.
I still believe they want to accumulate and buy bitcoin at cheaper price.
Then they will sell on high price.
Good thing to possess power and ability to influence the entire crypto market movement in a single blow of negative news to FUD the cryptonians. In every single news could be controlled by them in order to take advantage the market condition either in downtrend or uptrend momentum.
I hope they will not abuse using their strength to play crypto motion for selfish ambition.
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Bitcoin and cryptocurrency prices are not totally dependent on China. However, ultimately, China is likely to become the world’s most regulated crypto hub and will definitely have a continuing impact on the demand and price of cryptocurrency.
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China introduces a ban on the use of cryptocurrency. Maybe this comes from the very creation of the digital yuan, where possible transactions are traced. Thus, the state of China wants to "see" these transactions, thereby freeing itself from the use of cryptocurrency as a payment method.
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On the one hand, China is banning cryptocurrency, on the other hand, El Salvador has officially accepted Bitcoin as the first country in the world. If one door closes for cryptocurrency like this, the other door will open. So there is nothing to worry about. We hope china will accept crypto very soon.
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On the one hand, China is banning cryptocurrency, on the other hand, El Salvador has officially accepted Bitcoin as the first country in the world. If one door closes for cryptocurrency like this, the other door will open. So there is nothing to worry about. We hope china will accept crypto very soon.
Yes, No worries about China.
As you said one door will close, other doors will open.
We should don't panic with negative news.
China always share negative news every years.
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The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.
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The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.
I think China is not main factor that influence the price of bitcoin and altcoin.
For now, China government always share negative issue ban and ban bitcoin.
But I think China will accept bitcoin soon. Let's see.
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Although China is considered not the main factor in Cryptocurrencies, especially in changes in the price of Crypto coins. But China is a big country that can make a big effect in Cryptocurrencies, Now we can hate China because it often makes FUD but we must still be aware of it. We still have to correct the Crypto market if there is big news from China, Protect our assets from the decline caused by FUD from China.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
Every people always talk about china, I think It's not good for crypto currency world.
China ban bitcoin adn other, Its jus FUD,
No matter, bitcoin and altcoin have own community.
The market will recover and will reach new ATH
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If China, a developed country, bans cryptocurrency, it will have some effect on cryptocurrency. Because a lot of people in China invest in cryptocurrencies. China Cryptocurrency Everyone thinks the market will collapse, but I'm not saying that because one door closes, a thousand doors will open for cryptocurrency. Other developing countries in the world will give more support to cryptocurrency.
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The China constant bans on crypto has completely become of no effects to the crypto community world wide. I think crypto has finally broken out from the market price effects. The last bear run was caused by China last ban on crypto related activities on May 2021. I thought that the ban would have sink crypto prices, but fortunately has become the game changer even as new investors entered and bought at low price; at this time, they have made huge profits.
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The China constant bans on crypto has completely become of no effects to the crypto community world wide. I think crypto has finally broken out from the market price effects. The last bear run was caused by China last ban on crypto related activities on May 2021. I thought that the ban would have sink crypto prices, but fortunately has become the game changer even as new investors entered and bought at low price; at this time, they have made huge profits.
yes, China banned bitcoin will never effect to bitcoin performance.
It's just issue because we all know bitcoin and altcoin are more popular now, and not depend on China.
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The China constant bans on crypto has completely become of no effects to the crypto community world wide. I think crypto has finally broken out from the market price effects. The last bear run was caused by China last ban on crypto related activities on May 2021. I thought that the ban would have sink crypto prices, but fortunately has become the game changer even as new investors entered and bought at low price; at this time, they have made huge profits.
all finally opened a certain intention to be carried out by the Chinese state by means of continuous prohibition, they saw the response of the world market with what was said. Of course, at the beginning it was clearly very impactful, but after that, everyone knew.
it is certain that there are certain intentions from China with the ban, until now it has not been seen on the surface. it is certain that later it will be revealed what the intention behind the ban is, I myself agree that the ban is due to the bad impact of mining and must be corrected, but not to prohibit should find a solution.
If continuous action is clear, investors and large traders and institutions will understand, will not be affected by this.
bitcoin will still be the best and able to provide profits for those who keep it until now and maybe continue until a new ATH is formed.
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The Chinese government's cryptocurrency ban is a big factor because thousands of investors from China invest in cryptocurrency marketing. So the Chinese government’s cryptocurrency ban could bring about a major change on investment in the market. Although the market is booming at the moment, China has imposed sanctions to make such a Couldn't change in the market. .
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
Agree with this argument, But I guess those people that affected much and cause the FUD, was also the Chinese investors because they have reason to be afraid, the Chinese government was ruled by the Communist ruler that's why what they want to impose in their country must be done or else your finish in jail. we that far from China have nothing to do about that ban so we can still continue our crypto journey with freedom.
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Do not forget that China has accumulated most of the share of mining in relation to the whole world. There is also a huge number of whales that trade on exchanges and which have an impact on the market, which is why everyone is afraid of any fluctuations with China in relation to cryptocurrency, also the population of China is huge, there, on average, every 5th inhabitant is a holder of a cryptocurrency.
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China is one of the most developed countries in the world, and of course huge amounts of money are concentrated there, and the crypto market reacts accordingly, because billions of investments are leaving the crypto market and many mining farms are also closing.But this is of course temporary, investors and miners are moving to other countries.
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All of a sudden when China banned cryptocurrency Traders are in despair. This is normal because China is a developed country.But we have to keep in mind that nothing stops for anyone. Other developed countries in the world support cryptocurrency.We hope that countries other than China will take cryptocurrency much further.
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All of a sudden when China banned cryptocurrency Traders are in despair. This is normal because China is a developed country.But we have to keep in mind that nothing stops for anyone. Other developed countries in the world support cryptocurrency.We hope that countries other than China will take cryptocurrency much further.
China is not only a country that has advanced in many sectors, but the biggest miners are actually there and come from there, because indeed they can grow big because the costs incurred by miners are quite cheap. because the government factor that provides electricity costs are quite cheap, so the results obtained are quite tempting. no wonder mining there is quite mushrooming and very much at all.
but I agree with you that nothing can stop crypto from continuing to grow, even though the Chinese government prohibits everything related to crypto.
there are many other countries that are able and able to accept crypto and make crypto continue to develop well.
let the chinese government do that but in the other world crypto continues to grow over time, no one will be able to stop crypto.
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What do you mean by non-factor? Do you think China has no power to influence crypto world? No, mate. Don't misunderstand, they have crypto assets although they ban crypto. I assume they even still have a big number of assets in crypto. China is always playing an unpredictable strategy, we don't know what their purpose of banning crypto. Just imagine if they sell a large number of their assets, it will dump the prices of crypto market. It is just an example of their power to influence crypto world. There should be many other ways!!
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Suddenly, when there is news that China has banned cryptocurrency, various traders stop.We know that China is a developed country. Cryptocurrency was also widely used in China.Many people think that banning cryptocurrency will cause a lot of problems but it is not true because there are many more developed countries in the world that have been supporting themselves adequately.One thing we have to keep in mind is that when one door is closed, a thousand doors are open. So I have always believed that banning cryptocurrency would have no effect on cryptocurrency. Cryptocurrency It will run at its own pace. That is why traders are not disappointed.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
Why always China be the trend centre, always be bug news when they ban bitcoin . I think bitcoin and altcoins didn't depend on China.
There are many whales from China, I think It just market strategy to buy the dip while they spread the fud.
old song, I don't believe with this issue.
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Do not forget that China has accumulated most of the share of mining in relation to the whole world. There is also a huge number of whales that trade on exchanges and which have an impact on the market, which is why everyone is afraid of any fluctuations with China in relation to cryptocurrency, also the population of China is huge, there, on average, every 5th inhabitant is a holder of a cryptocurrency.
Let China leave the cryptocurrency market on the sly. Now we no longer need China, because other countries do not need to establish our own rules. China will always have a "tight" environment. Miners will leave China, along with ordinary traders, cryptocurrency investors.
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China has a big citizens and great crypto assets, envision when much holders in China put up for sell billions of dollars price of crypto, how the bazaar will be influenced . DEX may aid a little but unable to assist us acquire clear of the effect of rejection details next to China.
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I have been watching the Chinese regulators for a long time, and I can say the cryptocurrency market does not strongly respond to news from China, I think they only make it worse for themselves with all the prohibitions
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We cannot underestimate china in the build up of cryptocurrency because bitcoin was initiated by satoshi a Chinese. But by now china cannot make a standing ban on cryptocurrency over the world, crypto is far beyond what china alone can control now,it is beyond the idea they sold. China as far as the world is concerned has a good position in the world economy. The ban they lay only covers for their country not more.
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There was a time when really various negative or positive news from China about cryptocurrencies greatly influenced the cryptocurrency market, but the cryptocurrency market has already become so large that various news from China about cryptocurrencies does not affect the growth or fall of the cryptocurrency market so much like before.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
It has totally proved that any of the ban is nothing fact for the crypto market. We were thought that market could be fall down or we can see a long term downtrend but nothing happened. The market has shown the positive trend without some minor downtrend. I am really have that confident this market will be strong and better than stock market.
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Investors are frustrated that China suddenly banned cryptocurrency. China is a developed country. This is the normal development of the developed countries. But One thing we need to keep in mind is that once one door is closed for cryptocurrency, there are thousands of doors open. There are many developing countries in the world that have been supporting Bitcoin to a great extent. I think so There is no harm in cryptocurrency being chin banded.
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FUD have a negative impact on every new investor who is new to cryptocurrency, although the Chinese government does prohibit miners and other things about crypto there, it has an impact on the circulation of existing coin crypto, some old investors may use the Dex exchange, and miners will move to other countries such as America, but all of that requires a process, when the process occurs, some Miners need money and they will sell some coins for their desired use.
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China has no right to dictate its own rules. Thus, those who wish to do what China wants. Let him dictate the rules on his side. Miners are leaving China due to the cryptocurrency ban in China. Many seek refuge.
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China is a developed country. When China bans cryptocurrency, various cryptocurrency traders are frustrated. Everyone thinks that cryptocurrency Everyone thinks that cryptocurrency is a problem Will be One thing to keep in mind If China closes for cryptocurrency, thousands of doors are open for cryptocurrency.So it will not work if we lose our patience. I don't think China's banning of cryptocurrencies will have any effect. Because other developed countries support cryptocurrency.
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Yes, it is true that China is no longer influential in cryptocurrencies. China is not a factor to be afraid of when you are dealing with crypto. China's ban on crypto is only applied in its own country so it has no effect on other countries. It's also good news if Facebook, Instagram and similar large platforms are not supported by China but in reality without Chinese support they can still expand and continue to develop well. That's how crypto, can be seen from year to year crypto is experiencing good development.
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Yes, it is true that China is no longer influential in cryptocurrencies. China is not a factor to be afraid of when you are dealing with crypto. China's ban on crypto is only applied in its own country so it has no effect on other countries. It's also good news if Facebook, Instagram and similar large platforms are not supported by China but in reality without Chinese support they can still expand and continue to develop well. That's how crypto, can be seen from year to year crypto is experiencing good development.
Bitcoin has been invested by many people, not only china citizens
I don't think China ban bitcoin will affect to bitcoin and crypto currency market.
It's just negative issue, market will grow again.
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Imagine every time China announce/announced crypto ban, we can expect the next scenario of crypto prices are going doomed. The movement effectively move differently in unexpected drop. Liquidated is so much in just a moment. That's how the impact of Chinese government chasing cryptonians.
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Now that China has "totally" banned cryptocurrencies (again), its government has once again made a fool of itself. Cryptocurrencies are still traded in China, there are small mining pools in China, and cryptocurrencies are becoming more popular day by day. The Chinese government should have been friendlier and legislate with laws, not bans, so as not to have been the laugh of the rest of the world. Cryptocurrencies continue on their way, with or without the Chinese government.
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Many cryptocurrency traders are frustrated when China bans cryptocurrency. We know that if China rejects a developed country, it must be a little nervous.But we have to keep in mind that when different countries of the world support cryptocurrency, there will be no problem even if China does not support it.Because if one door is closed for cryptocurrency, thousands of doors are open.
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The crypto market will not be harmed if china bans it. However, the number of users in the crypto world will decrease. However, China has banned many things, but they are still popular. The whole world does not flow with the sanctions of one country. The crypto market will grow at its own peace.
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Even China can not impose a ban on crypto users of other countries he can ban only their country crypto users and I believe whatever China says about the crypto market it won't affect the market in the future. Yes, we will keep hearing such statements in the future from china regarding cryptos so we should not get panic whatever china does. Yes, Facebook. YouTube and Google are the best example they are doing good without china.
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The crypto market will not be harmed if china bans it. However, the number of users in the crypto world will decrease. However, China has banned many things, but they are still popular. The whole world does not flow with the sanctions of one country. The crypto market will grow at its own peace.
China will allow bitcoin and altcoins again.
I think China just fud, and will have own crypto currency soon.
I always never believe China will ban bitcoin forever. Let's see
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China will allow bitcoin and altcoins again.
I think China just fud, and will have own crypto currency soon.
I always never believe China will ban bitcoin forever. Let's see
I don't think China will "accept or allow" the use of cryptocurrencies within its borders again. If they did, they would lose all credibility not only with their citizens, but also with the international community. The Chinese government will go ahead with its "ban" even though they know full well that people continue to use crypto, China has a lot of control over the population and institutions, but the government cannot control everything, that is impossible.
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I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban on other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.
China is already a non-factor in cryptocurrency...and in fact, it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.
You are very correct. China is a non-factor in the cryptocurrency world today. The ban didn't have and is price effective in the crypto market expected to be. It shows they can't control the crypto market by their ban. It can affect their citizen.
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You are very correct. China is a non-factor in the cryptocurrency world today. The ban didn't have and is price effective in the crypto market expected to be. It shows they can't control the crypto market by their ban. It can affect their citizen.
No one cannot control crypto currency.
I think China ban bitcoin didn't have big effect for crypto market.
I personally prefer doing research and always believe crypto will have good future.
Than read negative issue.
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You are very correct. China is a non-factor in the cryptocurrency world today. The ban didn't have and is price effective in the crypto market expected to be. It shows they can't control the crypto market by their ban. It can affect their citizen.
No one cannot control crypto currency.
I think China ban bitcoin didn't have big effect for crypto market.
I personally prefer doing research and always believe crypto will have good future.
Than read negative issue.
Nobody can control cryptocurrency with the help of bans, but it is still possible to influence it. The Chinese government is not interested in cryptocurrency. It takes measures to strengthen its own economy and financial system. With the recent ban on mining and the circulation of cryptocurrency, the government is trying in advance to eliminate competitors for its digitized yuan, which should soon be officially launched into circulation.
The ban really did not affect the cryptocurrency market as much as expected. The market matures thanks to the experience and knowledge of its participants.
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I guess the Chinese government itself is a non-factor when it comes to the proliferation of cryptocurrencies because they have already proclaimed their stance when it comes to crypto and they are against it. in short, we have no reason to include china for future cryptocurrency development. But we cannot disregard the fact that still, many Chinese investors are still holding cryptocurrencies that's why it really matters.
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Chinese citizens continue to buy and sell cryptocurrencies on OTC markets, Chinese developers continue to work on crypto related projects outside China's borders, Chinese miners also continue to mine cryptocurrencies outside Chinese borders. People continue to do the same, but in other places, some even continue to do it in China, no government can control everything. In reality, things have not changed much, the most striking thing has been the large mining groups.
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Investors in various countries are frustrated when China bans cryptocurrencies. We know that is a developing country. Then everyone is surprised. But other developing countries in the world Supports cryptocurrency. One thing we need to keep in mind is that when one door closes for cryptocurrency, there are thousands of doors open.So we will try to read the positive news carefully without losing hope.
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Investors in various countries are frustrated when China bans cryptocurrencies. We know that is a developing country. Then everyone is surprised. But other developing countries in the world Supports cryptocurrency. One thing we need to keep in mind is that when one door closes for cryptocurrency, there are thousands of doors open.So we will try to read the positive news carefully without losing hope.
And now we no longer need to be influenced by every news that is spread by the Chinese government, because often China makes FUD and then Bitcoin prices fall and are followed by other coins. There are still many who accept Bitcoin from other countries, and China is now no longer a factor that can influence the price changes of Bitcoin and other Cryptocurrencies.
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Investors in various countries are frustrated when China bans cryptocurrencies. We know that is a developing country. Then everyone is surprised. But other developing countries in the world Supports cryptocurrency. One thing we need to keep in mind is that when one door closes for cryptocurrency, there are thousands of doors open.So we will try to read the positive news carefully without losing hope.
Until now, China has been one of the basic pillars of Bitcoin and the rest of cryptocurrencies, in China there were the largest mining groups and there are also some of the largest investors. I am sincerely glad that China can no longer do anything to dirty the name of cryptocurrencies. Now that everything is really more decentralized, the ecosystem will work better, without pressure from the Chinese government towards miners and investors.
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As far as I know, the ban on mining and circulation of cryptocurrency in China occurred at the level of the People's Bank of China, which is the central bank of this country. That is, there are no separate laws regarding such a prohibition. In any case, I have not heard about it yet. If there are no special laws, then there are no sanctions for violating this prohibition. That is, for the time being, this is, one might say, a soft prohibition, and no one will strictly control it. Let's see how events will happen next.
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Investors are frustrated when China abruptly bans cryptocurrency. This is normal because China is a developing country. But we also have to keep in mind that the world is a developed one When countries ban cryptocurrency and other developing countries support it. When one door closes for cryptocurrency, thousands of doors remain open.We know that Bitcoin is being used in many countries around the world. So I don't think China will be able to impose a ban on cryptocurrency.
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Investors are frustrated when China abruptly bans cryptocurrency. This is normal because China is a developing country. But we also have to keep in mind that the world is a developed one When countries ban cryptocurrency and other developing countries support it. When one door closes for cryptocurrency, thousands of doors remain open.We know that Bitcoin is being used in many countries around the world. So I don't think China will be able to impose a ban on cryptocurrency.
Is China a developing country?. Let me tell you that is highly debatable, and I'm not saying this negatively, China has shown the rest of the world many things in the last 25 years. Of course it is not a perfect country, but in reality no country is perfect, no matter what kind of government is in power or what kind of policy is applied in the country. The Chinese government (as I have said on occasion) will do what it can against cryptocurrencies, but not what it wants, since there are many things that are beyond its power. From my point of view, nothing has changed in the industry.
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Investors are frustrated when China abruptly bans cryptocurrency. This is normal because China is a developing country. But we also have to keep in mind that the world is a developed one When countries ban cryptocurrency and other developing countries support it. When one door closes for cryptocurrency, thousands of doors remain open.We know that Bitcoin is being used in many countries around the world. So I don't think China will be able to impose a ban on cryptocurrency.
Is China a developing country?. Let me tell you that is highly debatable, and I'm not saying this negatively, China has shown the rest of the world many things in the last 25 years. Of course it is not a perfect country, but in reality no country is perfect, no matter what kind of government is in power or what kind of policy is applied in the country. The Chinese government (as I have said on occasion) will do what it can against cryptocurrencies, but not what it wants, since there are many things that are beyond its power. From my point of view, nothing has changed in the industry.
I think Chinese is developed country, not developing country.
We know Chinese is the biggest of economic.
There many investors and companies at almost all countries from Chinese.
But for crypto currency, I think It's not depending on China factor.
The basic factor of crypto price is demand and supply.
The external factors just have little effect.
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A couple of years ago, various negative and positive news from China greatly influenced the cryptocurrency market, but now the time has come when the cryptocurrency market does not depend so much from various news, whether they are from China or from other countries, but of course everything depends from the most news, from their importance for cryptocurrencies.
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A couple of years ago, various negative and positive news from China greatly influenced the cryptocurrency market, but now the time has come when the cryptocurrency market does not depend so much from various news, whether they are from China or from other countries, but of course everything depends from the most news, from their importance for cryptocurrencies.
News will always be a factor for price movement in the bull market, it may not be coming from China again. What is level of breakdown of cryptocurrency exchange from china since last year?
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I think Russian will be the main factor at this year.
We hear Russian government allow bitcoin mining, and accept bitcoin for gas oil payment.
I think I agree with several opinion that said We will see new ATH soon.
I also believe about it.
Hopefully China also accept bitcoin as payment method soon.
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This is so because a good percentage of these chinese are into crypto, so any government regulation gets a far reaching effect
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A couple of years ago, various negative and positive news from China greatly influenced the cryptocurrency market, but now the time has come when the cryptocurrency market does not depend so much from various news, whether they are from China or from other countries, but of course everything depends from the most news, from their importance for cryptocurrencies.
negative issues will always have effect to crypto market, not only China.
At the beginning Russian and Ukraine war also had effect for crypto currency market, but not big.
I think crypto is so popular now, and will gain popularity day by day.
When crypto being used by many people, I think negative issue will not have big effect for crypto market.
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This could all change after the latest news that it appears the Russian government may accept Bitcoin for its oil and gas exports and that Russia may very well pass the law allowing crypto mining in Russia. If these two proposals are finally approved and Russia sells oil or gas to China, all this could give a radical turn to the situation. China would be a very important player, and their actions could have far greater effects (good or bad) than we have seen so far in the cryptocurrency market.
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I doubt that will happen.This will not help in any way to circumvent the sanctions, especially since it is simply impossible to hide such flows of cryptocurrencies
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This could all change after the latest news that it appears the Russian government may accept Bitcoin for its oil and gas exports and that Russia may very well pass the law allowing crypto mining in Russia. If these two proposals are finally approved and Russia sells oil or gas to China, all this could give a radical turn to the situation. China would be a very important player, and their actions could have far greater effects (good or bad) than we have seen so far in the cryptocurrency market.
It could be interesting to believe cryptocurrency can replaced dollar in the economic situation of russia but it was the best time for putin to adopt rubies to replace dollar and others in transaction . The annoucement restore the coin price in march and expect more rection from Russia Governenmnet
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China often makes FUD against Bitcoin and Cryptocurrency, this makes people in Crypto get bored with China. This makes people begin not to care about China, and they will ignore what this country does. So that whatever it has no big influence on the change in the price of Crypto, and this is a good thing.
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It may be of interest to you to know that even though the ban was made in China, the effect may be worldwide since most hashrate of bitcoin, the alpha cryptocurrency is in mainland China and as we speak many had to leave
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It may be of interest to you to know that even though the ban was made in China, the effect may be worldwide since most hashrate of bitcoin, the alpha cryptocurrency is in mainland China and as we speak many had to leave
All the cryptocurrency mining that was in Chinese territory has already left the country a long time ago, at least officially. Almost all the mining groups went to nearby countries with more permissive laws to continue their operations, that is why the hashrate that can remain in China is minimal. As we have seen, this has not affected Bitcoin, it has not died as some said it was going to happen, in fact, Bitcoin is now more alive than ever in my point of view. Trading also continues in China, but it is also done in other ways.
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In Addition, though China has a Big population but overtime, the constant pronouncement of crypto ban will definitely be of know effects because people would have heard it often times with little or no effect. It has been appearing on several news platforms of China constant ban, but this time, it is know longer effecting the crypto market like in the past.
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In Addition, though China has a Big population but overtime, the constant pronouncement of crypto ban will definitely be of know effects because people would have heard it often times with little or no effect. It has been appearing on several news platforms of China constant ban, but this time, it is know longer effecting the crypto market like in the past.
In my opinion, China will allow bitcoin and altcoin at the next coming years.
We shouldn't care about this negative news from china.
Because many investors from there.
Better keep focus to hold and wait the bullish season will happen at 2023-2204.
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This could all change after the latest news that it appears the Russian government may accept Bitcoin for its oil and gas exports and that Russia may very well pass the law allowing crypto mining in Russia. If these two proposals are finally approved and Russia sells oil or gas to China, all this could give a radical turn to the situation. China would be a very important player, and their actions could have far greater effects (good or bad) than we have seen so far in the cryptocurrency market.
It could be interesting to believe cryptocurrency can replaced dollar in the economic situation of russia but it was the best time for putin to adopt rubies to replace dollar and others in transaction . The annoucement restore the coin price in march and expect more rection from Russia Governenmnet
The point here is not in what currency the states will pay for Russian oil and gas, but how Russia will supply them. Deliveries were already limited due to previously imposed sanctions. But now the imposition of an embargo on Russian oil and gas has almost been agreed upon. Russia will be dealt a powerful blow for the invasion of Ukraine and the genocide that the Russians staged there. Then Russia will no longer be saved by cryptocurrency.
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China being a technologically savvy country owns and controls a good amount of cryptocurrency hashrate, because most of the mining pools exist there. However, many of them are leaving China because of such sanctions
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China being a technologically savvy country owns and controls a good amount of cryptocurrency hashrate, because most of the mining pools exist there. However, many of them are leaving China because of such sanctions
yeah that's the fact, many crypto mining leaved China because China government ban crypto mining.
I think it doesn't big matter.
But in my opinion, China government should have good solution, not only ban and block mining.
Because we know, crypto currency is the future technologies.
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yeah that's the fact, many crypto mining leaved China because China government ban crypto mining.
I think it doesn't big matter.
But in my opinion, China government should have good solution, not only ban and block mining.
Because we know, crypto currency is the future technologies.
The fact that China (after 9 years saying the same thing) has banned mining in its territory, is one of the best things that can happen to cryptocurrencies. In this way, mining is truly decentralized and shows the world, and especially the Chinese government, that cryptocurrencies will go their way without having to be in any specific place. Now it only remains to hope that over time, all that hashrate will be distributed among several countries over time.