Quote from: CheatingCoins on February 16, 2018, 07:46:33 PM

Quote from: sukey2008 on February 04, 2018, 07:44:23 PM

Cryptocurrency-related advertisements have stopped appearing on Chinese search engine Baidu and social media platform Weibo, amidst reports of Chinas government tightening cryptocurrency and Initial Coin Offering regulations on Sunday, Feb. 4.

The Financial Times of the Peoples Bank of China (PBOC) was told today, Feb. 4, that China will further increase regulatory pressure on cryptocurrency exchange sites and Initial Coin Offerings (ICOs), Chinese news site Sina reported.

Seems cryptocurrency will not recover so much in a short time...

We've heard it so many times.. Now facebook is announcing to do the same with advertising. Yeah, maybe scams (and that is good thing) but with solid projects there are no hiccups. It is not over, it's only a start, yeah China may block TOR for example, but there are anonymous currency projects like DeepOnion that act fast and implement protocols to help users from China using crypto still with success and another layer of anonymity. Recent implementation of OBSF4 and MEEK in DeepOnion is clearly a sign that is not over. It is starting. By the way, look at BTC now, does that not look like consolidation and recovery?

Crypto is not dead. It's time for FUD to die once and for all.

If you remember well, Chinese government trying to impose capital control to prevent Chinese money from flowing abroad is what triggered the first real bitcoin price boom. This FUD is bullshit, they are not even trying to ban crypto and it's not clear what the Chinese government is planning exactly, in fact they rather support crypto as long as they can control it, it's just medias and markets being hysterical as usual. But it's good DeepOnion offers a user-friendly solution for Chinese citizens to bypass government control allowing them to protect their privacy and individual freedom, I think it might be safer for Chinese people to use this kind of technology actually.