Re: Will China start Altcoin Season

Quote from: masterrex on October 28, 2019, 10:53:39 AM

Quote from: jamesashmore1964 on October 28, 2019, 06:21:35 AM

I hope so!

In my opinion many Chinese are feverishly opening accounts right now to invest
Chinese search engines are reporting the Chinese are searching this topic feverishly!
If these guys start investing in the projects that are on the Chinese list of preferred projects I dont need to tell you what will happen.

As an example, I am invested in Cardano and it is on the list and they also have a solid presence in China

https://www.tronweekly.com/iohk-bringing-cardano-ada-closer-to-chinese-market/

I am not telling you to buy Cardano it is an example. There are many projects on the Chinese preferred list.

List is here:

https://news.bitcoin.com/china-rankings-37-crypto-projects/

If that happens will that was a very good news! Altcoins needs boost since it was hardly affected of the price dump in the previous months, If the chinese investors will help and choose altcoins rather than Bitcoin alone its should be watch since its a huge pump if ever happen. but its just an speculation i'm not sure about it! lets wait and see.

The whole market is highly affected, and due to this, it may actually help to reverse the current situation we have. Not only in altcoins, but this may include even bitcoin to have a long green again in the chart. Speculations have chances to happen, we just need to believe it will.