Looks like China’s really clamping down on crypto now. They’ve issued a full-on ban. 😩
China's Latest Crypto Ban: What's Going On?
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Wait, where’s the proof of this? Sounds sketchy.
Not a rumor, though. Heard people are using VPNs to keep trading. It's still a hot topic.
just_nonceNewbie
Posts: 122 · Reputation: 15
#4Apr 9, 2018, 09:21 AM
Check this out, an article from just a couple of days ago. But honestly, even with a stricter ban, I doubt it’ll hit prices hard. Chinese folks will still find a way to get their crypto.
gas_oracleMember
Posts: 76 · Reputation: 194
#5Apr 9, 2018, 11:20 AM
Totally agree! This ban is just surface level stuff. If China was really serious, it wouldn’t be so easy for them to hold crypto. They just don’t want their citizens trading or mining.
quantumhashNewbie
Posts: 78 · Reputation: 29
#6Apr 9, 2018, 02:00 PM
True, bitcoin’s past the point where a ban will tank it 50%. Only the US could make a real dent in the price now. They’re riding high with pro-bitcoin vibes.
chris_maxiNewbie
Posts: 219 · Reputation: 36
#7Apr 9, 2018, 03:12 PM
Why worry about China’s ban when the US is pushing for bitcoin as a national reserve? That’s the real deal.
Exactly! If the US is backing it, who cares what China does? 😂
wildoracleMember
Posts: 138 · Reputation: 44
#9Apr 10, 2018, 03:06 AM
I’m not convinced they’ll enforce a real ban. It feels like they’re just putting on a show. Meanwhile, other countries are buying up bitcoin.
Yeah, maybe they’ll just allow the government to hold it while ordinary folks are left in the dark. We’ll see what happens next.
I’m with you on that. Seems like China can’t ignore bitcoin forever, especially with predictions showing it’s going to soar in value soon.
AtomicShardNewbie
Posts: 68 · Reputation: 8
#12Apr 10, 2018, 08:25 AM
Wait, fully banned? Does that mean everyone with crypto is in trouble? Sounds extreme.
Nah, they’re not banning ownership. Just trading and mining. People can still hold their bitcoins.
What’s the point of hoarding bitcoin if the citizens can’t benefit? If they really cared, they’d just regulate it properly.
Right? Feels like they just want to keep it all for themselves while the people miss out.
Honestly, this isn’t new. China has banned bitcoin so many times. When will they actually stick to it? Seems like a never-ending cycle.
Yeah, it’s like they keep saying ‘ban’ to create FUD but most of us aren’t falling for it anymore.
rocket_2019Member
Posts: 23 · Reputation: 204
#18Apr 12, 2018, 12:12 PM
It’s just boring at this point. They’ve been at it for years, and it hasn’t really changed anything.
Exactly! Even with the second-largest bitcoin stash, they’re still trying to act tough while people trade underground.
falcon_2016Newbie
Posts: 20 · Reputation: 38
#20Apr 12, 2018, 04:32 PM
China should just quit with the drama. Their threats don’t hold much weight anymore. They’re not as influential now.