China is a non-factor

[bayiajaib]

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.

[Senin]

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.

[masterrex]

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. 

[Freemind]

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.

[Linda78]

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.

[Vx1]

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.

[Freemind]

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.

[Noverteno]

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.

[Linda78]

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.

[Freemind]

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.

[pacar_tiri]

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.

[trauchot]

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.

[royalfestus]

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?

[mahadev]

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.

[Jaephoenix]

This is so because a good percentage of these chinese are into crypto, so any government regulation gets a far reaching effect