China wants to lead the path of the Blockchain by albertogm

View this thread on: hive.blog | peakd.com | ecency.com

blockchain · @albertogm · Sep 5 '17 (edited)

$4.24

China wants to lead the path of the Blockchain

<html>
<p>https://cdn.pixabay.com/photo/2015/11/07/11/33/architecture-1031250_960_720.jpg</p>
<h1>A necessary evil&nbsp;</h1>
<p><br></p>
<p>The Chinese government resolved to declare Initial Coin Offerings (ICO) ilegal for its citizens. The massive flow of money being poured into the crypto-market and blockchain-tech-startups set off the alarms of the authorities, the People's Bank of China said that almost 90% of these funds where coming from money laundry or fraud. It was too much chaos for a nation that have been very strict in order to achieve its current leading position.&nbsp;</p>
<p><br></p>
<p>The announcement shook up the market, everyone was in panic and fear like "China has left the group." Everyone was pulling back from everything that was linked to Chinese money. Yesterday's numbers were all in red, with specially big losers like NEO. I think deep down we all saw something like this coming. It is just too easy at the moment, almost $170 billions in hands of the crypto fever, there are so many new crazy ICOs in such a short period, rising exorbitant amounts of money for companies that sometimes do not even have a clear white-paper.</p>
<p><br></p>
<p>Even though that, it was not a rational move, not every coin or token related to China necessarily dropped and not everything that dropped was really related to ICOs. Some people were nervous, and some others were wishing for this. About $20 billion was taken out from the crypto currency world, at the peak of Bitcoin almost reaching $5000, and all other hot token rising everyday. It was the perfect move for whoever played this hand, they sold high, then the perfect chaos, make all the numbers go dow, and then, shopping time!&nbsp;</p>
<p><br></p>
<p>http://www.publicdomainpictures.net/pictures/110000/velka/the-missed-call.jpg</p>
<h2>This is just a wake up call&nbsp;</h2>
<p><br></p>
<p>Today, September 5, the Chinese government has brought another announcement but this time clearing their intentions: this is not the end. The Economic Daily, a governmental agency, published an article titled "<strong>China's block chain industry expected to walk in the fore front of the world</strong>", making clear that the intentions are not to leave the block chain technology research and the value that has been creating around it in their country, their vision acknowledge this and become the absolute leaders on it, but under control, &nbsp;order comes for progress. This strict attitude is not new to the Chinese policy makers, they have banned the Bitcoin in the past, and everything that seems to attempt to take the control over their economy out of their hands.&nbsp;</p>
<p><br></p>
<p>More than a fatality this is a warning sign. Easy mode has ended, at least for Chinese people, but something is for sure ICOs are just going to be more overwatch from now on, everywhere, almost every rich country is talking about it. I'm not sure if regulations are the answer but the market needed a time to see where it is going. I believe this kind of "crises" are the ones that make things go bigger and stronger.&nbsp;</p>
<p><br></p>
<p>Today's numbers are not so bad, some green lights started to appear, and the opportunity for some shoppers apparently might give some rewards sooner than expected. The expectation for Bitcoin is to keep rising, yes China is an important player but we can see that is just regulations, so in the end, things are just the some, we just lived a very profitable weekend for some, and a very difficult one for others.&nbsp;</p>
<p><br></p>
<p>Did you buy or sell over the weekend and the panic day? Please share your thoughts in the comments. Thank you for reading.</p>
<p><br></p>
<p>Cheers!&nbsp;</p>
<p>- 176 -&nbsp;</p>
<p><br></p>
<p>http://beijingcream.com/wp-content/uploads/2012/11/Chinese-ancient-GIF-3.gif</p>
</html>

👍 newhope, chitty, janusface, pharesim, minnowsupport, albertogm, dropahead, transcript-junky, pennystockhelp, proctologic, develcuy, crypto-trail, grandpere, gomeravibz, michelnilles, neilperry, lastminuteman, drotto, nainaztengra, sam99, tatyanamishenko, luisucv34, steemprentice, voronchihin, shawnfishbit, vkesya, dasarts, dednova, kirjanovian, sirkosha, tatyanass, sanyabelok, strug, letozyuk, stephen.king989, pufun, tag2017, allyouneedtoknow, gamerveda, omlirinich, zeriodt, eqlpbdm3yrtq, rezut, vipbuyanov, kazarnata, samalova1410, vektor.spo, nalivi, sanches, borisovche, xihafy, sergey.usmanov, nasnukac, n1kofi, brentmcclure, pionner, browneyes, shellyduncan, clop, olyup, deboas, germanaure, pusteblume, gindor, and 43 others

`author`	albertogm
`permlink`	china-wants-to-lead-the-path-of-the-blockchain
`category`	blockchain
`json_metadata`	{"tags":["blockchain","china","market","money","cryptocurrency"],"image":["https://cdn.pixabay.com/photo/2015/11/07/11/33/architecture-1031250_960_720.jpg","http://www.publicdomainpictures.net/pictures/110000/velka/the-missed-call.jpg","http://beijingcream.com/wp-content/uploads/2012/11/Chinese-ancient-GIF-3.gif"],"app":"steemit/0.1","format":"html"}
`created`	2017-09-05 17:39:51
`last_update`	2017-09-05 18:07:57
`depth`	0
`children`	12
`last_payout`	2017-09-12 17:39:51
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	3.536 HBD
`curator_payout_value`	0.703 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	3,845
`author_reputation`	22,237,629,590,415
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	13,969,854
`net_rshares`	1,255,020,279,692
`author_curate_reward`	""

properties (23)vote details (107)

voter	rshares	pct
pharesim	103,124,820,037	0.02%
proctologic	6,325,190,288	5%
chitty	300,539,601,224	50%
germanaure	436,001,700	1%
grandpere	5,050,337,508	1%
albertogm	28,030,006,004	100%
olyup	478,533,893	1%
endaksi1	305,607,936	1%
edrivegom	218,664,087	0.1%
luisucv34	1,278,183,627	21%
ubg	212,095,651	1%
deboas	437,039,947	100%
gomeravibz	3,835,962,366	0.6%
stephen.king989	1,009,387,755	0.2%
michelnilles	3,773,449,894	10%
pennystockhelp	8,753,248,187	100%
allyouneedtoknow	719,706,743	0.3%
jhermanbeans	399,883,066	0.1%
develcuy	5,869,573,305	40%
davron	142,698,886	100%
nardin	144,609,929	100%
garethnelsonuk	232,909,993	1%
dropahead	15,433,765,958	40%
crypto-trail	5,566,429,277	100%
steemprentice	1,237,174,602	0.1%
soushi888	177,854,135	0.1%
newhope	433,367,068,113	8%
askari	128,987,407	1%
lastminuteman	3,167,354,958	0.4%
corvuscoraxx	129,004,605	18.97%
pomperipossa	316,605,231	0.1%
libertylol	133,429,359	0.1%
sixexgames	126,399,393	1%
banjo	294,652,444	1%
singa	51,496,226	0.1%
numpypython	110,594,560	0.1%
browneyes	494,529,447	100%
pionner	495,225,783	100%
clop	481,208,509	100%
brentmcclure	505,749,909	100%
decibel	144,872,744	0.5%
ilvacca	101,246,988	0.5%
jhagi.bhai	90,877,735	0.1%
gindor	401,798,112	0.2%
whatamidoing	139,524,197	0.1%
shawnfishbit	1,197,419,721	0.1%
indiantraveller	318,765,364	4%
beng05	166,523,818	1%
shellyduncan	490,302,137	0.1%
timbalabuch	101,542,784	1%
jotmax	66,720,154	1%
qwasert	109,176,531	0.2%
taica	163,333,635	0.1%
pusteblume	431,816,394	1%
janusface	238,153,939,788	20%
cryptohustler	183,331,143	1%
minnowsupport	32,648,668,445	1%
tinashe	372,836,187	1%
diggerdugg	138,508,750	1%
burnedpixel	152,521,327	0.2%
maxer27	222,404,940	1%
andrewgenaille	144,424,206	0.2%
n1kofi	511,831,219	1%
ch00fy	383,022,385	1%
sam99	1,935,842,043	20%
myday	161,227,565	0.1%
gamerveda	700,540,660	0.5%
voronchihin	1,234,129,686	4%
alexander.alexis	54,899,998	0.1%
markfitzgerald	251,773,528	1%
eqlpbdm3yrtq	567,919,311	100%
nesbitt	81,485,393	1%
tatyanamishenko	1,570,139,243	100%
bluchr	84,531,715	0.2%
glex	52,126,579	0.1%
drotto	3,044,726,607	0.78%
thedoctor123	101,081,368	1%
pkvlogs	177,830,902	0.5%
sanches	558,385,023	100%
adoelesteem	185,837,990	100%
nasnukac	532,787,200	100%
vektor.spo	561,449,776	100%
sergey.usmanov	554,839,583	100%
nainaztengra	2,196,113,856	100%
borisovche	558,124,781	100%
rezut	567,691,108	100%
kazarnata	567,238,150	100%
xihafy	555,245,689	100%
vipbuyanov	567,502,367	100%
samalova1410	564,363,845	100%
zeriodt	594,676,277	100%
prashant1	289,642,497	100%
transcript-junky	9,734,022,172	100%
nalivi	561,300,108	100%
omlirinich	619,317,599	100%
kirjanovian	1,057,316,833	100%
letozyuk	1,040,552,527	100%
neilperry	3,440,467,365	100%
pufun	951,723,285	100%
sirkosha	1,057,152,816	100%
dasarts	1,112,271,061	100%
tatyanass	1,056,173,319	100%
sanyabelok	1,056,173,308	100%
dednova	1,061,976,392	100%
strug	1,050,369,653	100%
vkesya	1,154,819,047	100%
tag2017	824,040,821	100%

@dropahead · Sep 10 '17

$0.09

Upvoted and Resteemed by **xx-votesplus**, the [dropAhead curation team](https://steemit.com/introduceyourself/@dropahead/introduceyourself-xxvotesplus-dropahead-curation-trail-and-my-path-to-witness)!

Do you want more earnings?

- [Delegate/donate some STEEM POWER](https://steemit.com/delegate/@zeartul/how-to-delegate-steem-power-the-easy-way-if-you-have-over-30-sp-you-can-delegate) to @dropahead
- **Upvote this comment!**
- [Vote @dropahead for witness](https://steemit.com/~witnesses)

By doing things above you will give us more STEEM POWER (SP) **to give YOU more earnings**.

Keep up the good work!

---
Most recent post: [Moving #25_votes_plus to Discord](https://steemit.com/xx-votesplus/@dropahead/moving-25votesplus-to-discord)

👍 dropahead, yukimaru, develcuy, manosteel211, heriadi, proba1, indiantraveller

`author`	dropahead
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170910t222613067z
`category`	blockchain
`json_metadata`	{}
`created`	2017-09-10 22:26:36
`last_update`	2017-09-10 22:26:36
`depth`	1
`children`	0
`last_payout`	2017-09-17 22:26:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.094 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	742
`author_reputation`	7,410,936,083,975
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,498,737
`net_rshares`	34,296,443,631
`author_curate_reward`	""

properties (23)vote details (7)

voter	rshares	pct
manosteel211	3,271,328,682	40%
develcuy	5,789,168,191	40%
dropahead	15,433,765,958	40%
indiantraveller	318,765,364	4%
heriadi	2,409,616,293	40%
yukimaru	6,561,381,768	40%
proba1	512,417,375	40%

@drotto · Sep 5 '17

<p>This post has received a 0.78 % upvote from @drotto thanks to: @banjo.</p>

properties (22)

`author`	drotto
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170905t181838815z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"drotto/0.0.1"}
`created`	2017-09-05 18:18:42
`last_update`	2017-09-05 18:18:42
`depth`	1
`children`	0
`last_payout`	2017-09-12 18:18:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	78
`author_reputation`	419,916,705,599
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	13,972,960
`net_rshares`	0

@minnowsupport · Sep 6 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by albertogm from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, someguy123, neoxian, followbtcnews/crimsonclad, and netuoso.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

properties (22)

`author`	minnowsupport
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t142040158z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"cosgrove/0.0.1rc7"}
`created`	2017-09-06 14:20:39
`last_update`	2017-09-06 14:20:39
`depth`	1
`children`	0
`last_payout`	2017-09-13 14:20:39
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	610
`author_reputation`	148,902,805,319,183
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,054,477
`net_rshares`	0

@nainaztengra · Sep 6 '17

Great post. Hope the China issues wont impact cryptos. What is your take of price for Neo ? Upvoted and following u. Please review my new sunset post and provide your feedback if possible.  https://steemit.com/nature/@nainaztengra/my-love-for-sunsets

properties (22)

`author`	nainaztengra
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t103435250z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"links":["https://steemit.com/nature/@nainaztengra/my-love-for-sunsets"],"app":"steemit/0.1"}
`created`	2017-09-06 10:34:36
`last_update`	2017-09-06 10:34:36
`depth`	1
`children`	1
`last_payout`	2017-09-13 10:34:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	250
`author_reputation`	2,035,127,928,263,248
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,036,520
`net_rshares`	0

@albertogm · Sep 6 '17

Hi, thanks for reading @nainaztengra 
I'm still holding a big portion of my NEO tokens, I believe the project is much more than the opportunity people saw as NEO becoming the official channel for ICOs in China (btw, still not so crazy to think about) and the gov have done things like this before, it was just so fast and easy, now things might take a bit more effort.

properties (22)

`author`	albertogm
`permlink`	re-nainaztengra-re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t122504970z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"users":["nainaztengra"],"app":"steemit/0.1"}
`created`	2017-09-06 12:25:03
`last_update`	2017-09-06 12:25:03
`depth`	2
`children`	0
`last_payout`	2017-09-13 12:25:03
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	368
`author_reputation`	22,237,629,590,415
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,044,891
`net_rshares`	0

@pennystockhelp · Sep 6 '17

$0.03

Thanks for liking my post
I really like your post too :)

👍 pennystockhelp

`author`	pennystockhelp
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t161553476z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-09-06 16:15:54
`last_update`	2017-09-06 16:15:54
`depth`	1
`children`	1
`last_payout`	2017-09-13 16:15:54
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.025 HBD
`curator_payout_value`	0.008 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	56
`author_reputation`	38,604,050,825,934
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,064,883
`net_rshares`	10,704,028,632
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
pennystockhelp	0 B		10,704,028,632	100%

@albertogm · Sep 6 '17

Cool, thank you for reading @pennystockhelp
Cheers

properties (22)

`author`	albertogm
`permlink`	re-pennystockhelp-re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t194614705z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"users":["pennystockhelp"],"app":"steemit/0.1"}
`created`	2017-09-06 19:46:15
`last_update`	2017-09-06 19:46:15
`depth`	2
`children`	0
`last_payout`	2017-09-13 19:46:15
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	50
`author_reputation`	22,237,629,590,415
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,082,252
`net_rshares`	0

@prashant1 · Sep 8 '17

Bitcoin will again touch 5000 mark

properties (22)

`author`	prashant1
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170908t055227012z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-09-08 05:53:57
`last_update`	2017-09-08 05:53:57
`depth`	1
`children`	0
`last_payout`	2017-09-15 05:53:57
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	34
`author_reputation`	102,986,266,513
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	14,220,820
`net_rshares`	0

@transcript-junky · Sep 5 '17

On this one I am siding with China. Things have been moving TOO FAST in the past month or two, and everyone was getting a bit edgy. This is one instance - of more to follow - where the Chinese people conservatism is likely an asset to the world. Bitcoin - and all the other major cryptos - are still going to the moon, in my opinion,  but slowing the pace down will be of the benefit to everyone...

properties (22)

`author`	transcript-junky
`permlink`	re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170905t234909180z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-09-05 23:49:24
`last_update`	2017-09-05 23:49:24
`depth`	1
`children`	1
`last_payout`	2017-09-12 23:49:24
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	398
`author_reputation`	35,468,732,167,881
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	13,995,822
`net_rshares`	0

@albertogm · Sep 6 '17

I still think its gonna hit 5k this month. Thank you for coming by.  If you like it I suggest to follow for more. Cheers!

properties (22)

`author`	albertogm
`permlink`	re-transcript-junky-re-albertogm-china-wants-to-lead-the-path-of-the-blockchain-20170906t000311510z
`category`	blockchain
`json_metadata`	{"tags":["blockchain"],"app":"steemit/0.1"}
`created`	2017-09-06 00:03:12
`last_update`	2017-09-06 00:03:12
`depth`	2
`children`	0
`last_payout`	2017-09-13 00:03:12
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	121
`author_reputation`	22,237,629,590,415
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	13,996,679
`net_rshares`	0

@wise-old-man · Sep 5 '17

RE: China wants to lead the path of the Blockchain

_**Technological progress is like an axe in the hands of a pathological criminal.**_

 \- Albert Einstein

properties (22)

`author`	wise-old-man
`permlink`	re-china-wants-to-lead-the-path-of-the-blockchain1504633264
`category`	blockchain
`json_metadata`	""
`created`	2017-09-05 17:51:06
`last_update`	2017-09-05 17:51:06
`depth`	1
`children`	1
`last_payout`	2017-09-12 17:51:06
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 HBD
`curator_payout_value`	0.000 HBD
`pending_payout_value`	0.000 HBD
`promoted`	0.000 HBD
`body_length`	105
`author_reputation`	-172,182,550,195
`root_title`	"China wants to lead the path of the Blockchain"
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 HBD
`percent_hbd`	10,000
`post_id`	13,970,783
`net_rshares`	0

@albertogm · Sep 6 '17

https://media.giphy.com/media/dTnGlCPn2lTfG/giphy.gif

properties (22)