Quote from: thend1949 on October 05, 2017, 08:05:23 AM

Quote from: malikusama on October 04, 2017, 07:01:13 PM

Quote from: omonuyak on September 14, 2017, 07:09:13 AM

"Chinese government said it is impossible to ban bitcoin that they are just trying to regulate it and they actions should benefits blockchain" https://www.reddit.com/r/Bitcoin/comments/6zzmyy/official_press_of_china_it_is_impossible_to_ban/ for fundamental analysis traders, the best time to buy bitcoin is now as this is the best significant news that come from China after the banned of ico and the fake news or rumor of banned of cryptocurrency exchangers in China.

After all they realize they were doing something wrong. Bitcoin has gained so much value and importance that countries will regret after they put a ban on it. Regulating bitcoin is somehow a solution to keep using bitcoin while preventing any misuse or illegal use of it.
May be china will soon announce and launch their own cryptocurrency which will be under control of chinese government.

I think china government is not fair with other currencies at all because they are banning other crypto ico due to they wanted their currencies to rise and to compete with bitcoin. With that news about their new crypto currency I guess that's another opportunity to those who trade bitcoins, because it's open to the crypto market if their coins will be active at trading sites, and I am sure pumps and dumps will happen smoothly.

If that's the case well they are not successful for that banning since bitcoin still the top after all there banning implementation came and we cannot erase the strong fact that bitcoin are much trusted among the other coins outhere and those chinese coins will never defeat it since the bitcoins had worldwide supporters and china got only some few holders and stakeholders.