The Chinese government of today is known for several things, but perhaps one of the most prominent will be its consistent efforts to keep control of its people. By launching several initiatives, Beijing has gone well out of its way to ensure that it has its eyes all over the country.

One of the most ambitious means through which it has achieved this level of control is with a social credit system. Essentially, the government has classified its eligible population based on their social behavior and public records, allotting them social scores that will determine their ability to access loans and other financial benefits.

China’s Social Credit System Becomes Even Less Liberal
The credit system has been implemented in phases since 2009. However, a new update is expected to be rolled out this year, and according to a recent report from XinhuaNet, controls are set to be even tighter going forward.

As XinhuaNet reported at the time, the updated credit system will take factors such as ‘fake’ divorces, defaults on paying bank loans, acquiring multiple loans from several banks at the same time, and much more under consideration when allotting the scores.

However, one of the most important inclusions in this report is the enforcement of penalties on civil rulings. Primitive Ventures founder Dovey Wan explained in a recent tweet that the government conveniently made the definition of civil rulings ambiguous, thus creating a loophole that will enable the administration to restrict people’s access to credit as they please.

more : https://beincrypto.com/chinas-overreaching-social-credit-system-makes-room-bitcoin-shine/

Earlier, I wrote in a similar thread, but recent price developments are a very good sign. And the consensus of all Crypto investors is to reach past prices as soon as possible as early as possible.

developments and info are very fast, so in seconds, minutes can all change,
all hope ETH is at a price of 180 or more maybe it can be more like 2017 and people are tired of the bear market,

many reasons people want to know what cryptocurrency is, and from their curiosity, be sure of transaction.  and As far as I know and see the crypto trade provides an opportunity to make a big profit.  There are many potential coins that can make you get a good profit like bitcoin

there are many tokens that do not have a price in my wallet, it is true that we must be diligent in finding info about the coins we have.  so as not to miss the latest info.  I don't know if this token might be an antique coin and can be remembered if the project ever existed

whether or not a new coin is needed depends on the needs of each person, for those who already know the value of selling the best coins usually if there are new coins always evaluate the value of the use of the coins themselves, without them leaving the top coins in the market

Quote from: pelana vreo on January 11, 2020, 02:47:22 PM

Honestly I never use bots on every trade, it seems like this bot can disturb me when trading, because there will be price manipulation and I can see my order just passed.

I agree. Better to use the application for reminders to give an alarm. Like, when waiting to buy Bitcoin at $7500, we set an alarm at $7600, so we can monitor whether we will buy or are still waiting.

Does this alarm exist on every exchange?
I just found out if there is an alarm for exchange, get more knowledge here, I will try to find and use the alarm

they make altcoin for sure to make money, if you are interested in investing in altcoin choose coins that already have a stable value, for new coins better think deeper to invest them (coins)