Quote from: fearcoka on September 29, 2017, 09:25:03 PM

Quote from: jackhdt on September 29, 2017, 05:02:09 PM

Quote from: doublebit21 on September 29, 2017, 04:44:38 PM

Quote from: btcsister on September 18, 2017, 02:46:56 AM

Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

China's ban on Bitcoin and other cryptocurrencies may be temporary, to appease international agencies and hardcore communist members ahead of the upcoming Communist Party convention. China's big government and banks cannot tolerate Bitcoin. It threatens their very existence, as it was previously written in a piece here. That's in the long term, though, when Bitcoin has the potential to replace the yuan in everyday transactions, and as a monetary asset. At present and in the immediate future, however, the size of the Bitcoin economy is far too small to be a real threat to the Beijing government and the banking system it owns and manages.

as i know China does not say they ban Bitcoin, only the ICO market and the cryptocurrency exchanges in this country have banned

That's right, but this FUD still affected the mentalility of traders on the market because the rumors changed many information about that, even some rumors fake China has banned Bitcoin and will penalize any one hold Bitcoin lol Grin

Rumors are created by 100% verified liar because he is a big liar in history that's why he has created a news like that and blamed bitcoin i will say that we should stop spreading that anymore.