Quote from: Sahyadri on October 28, 2019, 03:16:25 PM

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/

A country where cryptos are out rightly banned, will bring an altcoin season? I highly doubt that.
Just one statement by the president about blockchain means nothing at all. Crypto space has gone unaffected (both positive and negative) through many such news.
The thing to notice is that Chinese are involved heavily in OTC crypto trades which goes undocumented. That doesn't really affect the market price as such. So increase in searches doesn't mean that altcoin season is upcoming.

It is not really like all the crypto currencies have got banned by China. It is more or less like that Chinese government is afraid of losing its power and want to introduce its very own crypto currency. In the digital market whoever controls bitcoin, controls the whole market. China desired that but now has got that this is impossible. Countries that are advanced support technology innovations certainly.