Quote from: Pinkris128 on October 29, 2019, 05:19:10 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/

It is anticipated by many that China will soon make a move in blockchain technology and it has positive impact to many cryptocurrency as of now but it can change in the near future. Surely, China's support to blockchain technology has made a big news and causing the prices of many to rise. But it will be also expected that they will create their own and compete in the market. Some coins will surely lose on China's coin. Though it will be good addition in the current variety and diversity of the crypto market.

China will create their own centralized version. Just because China said something good about blockchain doesn't meant it is supporting decentralized currencies. Whatever China's statement was, that was it, nothing more and that was not intended to manipulate and pump bitcoin and altcoins.