Quote from: MyIdeas on September 22, 2017, 09:56:13 PM

Quote from: joseafonso123az on September 21, 2017, 09:05:23 AM

I believe China doesn't hate bitcoin. China might hate the fact that it's untraceable, and with the problems that rised with the ICO's where many investors were scammed, and lost money, they couldn't do anything to retrieve that. It's a risky market, some will opt out of it, some will just act that they will opt out, and others will continue following bitcoin!

I was thinking of that too china doesnt hate bitcoins actually, they imposed a ban on their market just to try to control its increasing price but couldnt succeed much in doing so. Another reason for not hating bitcoin is that most of the government officials also have invested a lot of money in bitcoins.

They love it that it's freaking them out that instead the money of their people will go in their economy ,it will goes in crypto that they don't control. All that they are wanting is to have some ownership in things that are too good like btc.