Fear not, China is not banning cryptocurrency. because many of the people in china are still trading with crypto that is why the government is planning to take back the restrictions from the Bitcoin.

I'm not sure about your first sentence and can't comment on it, but China is still progressing well and China is a strong competitor for other Nations.
Regarding the China ban, as far I knew that they banned ICO at first and then there was a news some months ago that they will ban trading or fully ban crypto... Maybe I've misunderstood somewhere or I heard a false news.


The market is confused currently due to the news, fuds etc and the result we all can see. But I hope the market will be stable again soon.


No one will be able to stop bitcoin in my opinion. Bitcoin will progress at its own pace. But the way everything is moving forward it seems to me that regulation will be the ultimate result.


Ban will not stop any individuals from any country to stop trading. Once I wrote somewhere that the peoples of those countries who banned crypto are also trading and still involved in crypto one way or other.

Since the idea came out that news can affect the price of bitcoin then there are some whales that are also taking advantage of this thing. And who knows if there are people behind these ban from facebook, google and now with snap chat? Who will be next? Whether the market will stable again or not still there will be FUDs that will come again. And what's the definition of stable market?

I am sure that there is a concrete explanation of such decision from some head manager of Google and Facebook on the net. They are banning only commercial of ICO and crypto projects, but as I heard the ban will not touch every crypto commercial, the own crypto projects of Google and Facebook are going to be advertised. That is simply agreement between this two giants, as the main reason I see protection from scammy projects, cause of in the case of lost investment people are going to judge exactly Google and FB, just cause of they advertised such ICO or project.

Google and facebook are not allow fake adds it is not the mistake from bitcoin or google so we cannot make a judgement by this bitcoin is not supported by google so we can use and invest bitcoin.

Facebook and Google are not banning any cryptocurrencies. They are banning the ICO ads. A high persentage of ICOs are fake, so certainly facebook was getting report about those fake ICOs and it is obvious that they will try to keep this type of ads out from their users.

Simply, they are not benefiting from the success of digital currencies (Profit financier) and also because of the pressure of some governments or countries on them , due to the existence of those cryptocurrencies and their development over time led to some financial losses, especially for banks ( FIAT) ,and they cannot control the transactions currencies, so they are always trying to destroy Bitcoin and other  in many ways (like, google banning crypto, ...).

Furthermore, despite all these bad attempts  which led to a crisis in the market, but I do not think they will be able to break the digital currencies because they are well protected.

They really are not banning cryptocurrency. Those social network sites are only banning ICOs for now. And they are doing so because of the scams associated with ICOs. It really is not directly about bitcoin but about scamming ICO projects.

Total ban can really be implemented but it doesnt really mean that they can completely kill bitcoin or cryptocurrency transactions since we do know we can still able to make transactions which is far away on the awareness of the government.They can ban it all they want but it is not completely the thing that can stop this very good tech.Earning money is just an another add up or benefits but if we do solely look for its main purpose then we cant deny that this do really have the potential.

A lot of scammers flooding around the internet and social media. Its very annoying where you can see a lot of advertisement about cryptocurrency, specially when youre already aware and can decipher which one is legit and which one is fake. Youre right about not banning the whole concept of crypto ads, they are just limiting the use of it to avoid being abused and being used as a tool to take advantage.