As some crypto experts such as Clif High, Bix Weir, Teeka Tiwari of The Palm Beach Confidential and many others have already predicted it is very possible that the Chinese can trade again with bitcoin and other cryptocurrencies in a short time as soon as the authorities regulate this market to avoid scams.
Info: https://cointelegraph.com/news/chinese-might-be-able-to-trade-bitcoin-again-soon
It seems quite clear that the Chinese government wants to harmonize not to lose its privileged position in the cryptocurrency market and at the same time regulate it.
If this forecast is confirmed soon, it could mean a strong boost for Bitcoin and even more for other cryptocurrencies such as Neo or OmiseGo.
Do you think that this will happen as soon as it is predicted or will we still have to wait a few more months? Or do you think that this will never happen or at least not so easy?
Did you know the meaning of the "soon"? The important thing to see about what will have done by the china's regulator to prevent the scammers to appear. To make a verification will be better if there are some people are trying to build their own icos or ipo. But if the yuan pair will be available again and that will give a huge impact to the bitcoin's price. We know that this time all of the yuan trade to the bitcoin already closed due to the regulator's instruction and what will be happening if that will be available again soon. Info: https://cointelegraph.com/news/chinese-might-be-able-to-trade-bitcoin-again-soon
It seems quite clear that the Chinese government wants to harmonize not to lose its privileged position in the cryptocurrency market and at the same time regulate it.
If this forecast is confirmed soon, it could mean a strong boost for Bitcoin and even more for other cryptocurrencies such as Neo or OmiseGo.
Do you think that this will happen as soon as it is predicted or will we still have to wait a few more months? Or do you think that this will never happen or at least not so easy?
