Re: Will China start Altcoin Season

Quote from: Opekin on November 01, 2019, 03:42:37 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/

In terms of buying an altcoin or coin in the market that includes Cardano i don't think that will be the start of alt season . If you know the news that China's Central Bank will going to launch their own Digital currency i would think that it is a big impact to the whole cryptocurrency than for them to buy any altcoins in the market right now.

right, China has great strength in cryptocurrency, with many giant investors there. but indeed in all things China seemed to want to monopolize by making its own digital currency. and I think if you continue to use a decentralized system, it can still affect the development of crypto