Topic: Bitcoin Is Better Without China!!!!!!! - page 4. (Read 2993 times)

It will still sttract tons of investors, doesn`t matter if China is involved or not, but it is always better to have more people than less.
Without China nothing will change

I think chinese investors will be big part of in bitcoin so if China going to stop all Bitcoin exchanges must close by September 30, but this type of thing not happening in first time at China it's happened May time not very we will get good news about this soon

The Chinese govt. are not stupid. They know that blockchain technology is here to stay and as far as money goes, bitcoin is at the forefront of the cryptos.

Their aim isn't to kill bitcoin. They just want to have full control of it in their own country as they don't want more money leaving China as has been happening for several years now.

The Chinese economy has been built on exporting cheap goods to the rest of the world. The rest of the world (esp. western economies) are technically bankrupt but the ability to print money is keeping them afloat.

This means that China can't rely on those countries to keep buying their crap to keep the Chinese economy going. So China is looking to increase domestic consumption. This means they need Chinese money being spent in China.

But for many years the rich Chinese have been getting their money out of China to invest in property and businesses abroad.

So the Chinese govt. has been forced to introduce measures to stop money being taken out of the country (This is called Capital Control and could happen to USA, UK etc). But bitcoin and other cryptos became an easy way to get around capital controls so they want to spook investors until they can get some proper regulation in place.

And I would bet all my coins that some high ranking members of the Chine Communist Party managed to pick up some btc while it was on sale!

Sorry my friend, you need to properly understand chinese people. They can do business with you and benefit, but you can't benefit from them the way the benefited from you. They always think they are smarter than others. China is afraid some day it economy will fail, if they let their people keep investing on cryptocurrency, and by letting them invest in cryptocurrency they will have financial freedom that will make them very hard to control. do you feel me?

Nothing can stop bitcoin, it can live without china, its like having a bunch of wounds in your body, we can feel the effect of their banning for now. the pain, lost and suffering, but no physical wounds that lasts forever, time come that it will heal, will become stable, and will increase its value without the help of china, soon they will regret that they banned the future currency.

Yes, chinese people are problem to the bitcoin and cryptocurrency ecosystem as well, without them their will be no more doubt and too much risk involved on any given coin in the market. There are lots of big whales from china that tend to manipulates the original value of a given coin and when everybody jump into it, they'll just dump that very coin and go to the next one by living people with handful coins with no one to buy that might finally lead them to losing their money. it better off without china!

I admit that china is very influential to the high value of bitcoin selling ,,,, but today, tomorrow, the day after tomorrow, and so on we declare to the world ,, that we are able to rise and stand even without china ... bitcoin live ,,

There are huge number of bitcoin are on market cap on china and there are a lot of investor we find in china. We can't ignore china is a major part of bitcoin but it seems that bitcoin will recover it's place without china.

i think we need china in some aspect and dont angry to them because they have reason why they leave bitcoin,i think the best now is to try to retrieve again there attention here in bitcoin and to build more accomplice here in bitcoin for a good earnings of anybody that use this,angry to them are nothing atleast do something to back them

For me without China, this market will not attract many investors around the world. I think China contributes a lot to the Bitcoin market and they have the right to adjust this market price properly.

China can't ban bitcoin. Banning bitcoin by china is good thing to happen for long term though price in shot term. 35% Price correction is very healthy and necessary. I take advantage of dip buying more rather complaining.

Yes I agree with you that there are still Chinese investors and miners who are continuing to use bitcoin because they seek a good opportunity in bitcoin that they give them a good​ profit even there is now a high risk of using bitcoin in their country they can make ways in order to use bitcoin.

Agreed. And I've moved on already so should everyone else here. Btc have strived even without the investments of China and that's what will happen again. But honestly, I think there are still Chinese investors and miners who didn't stopped using btc because they've seen and known how profitable it is.

As of now, i can't say that bitcoin is better without china because china is the major country that giving volume and the biggest reason why the price of bitcoin is around to the current price and i think that if we are going to lose china in the bitcoin then it is already clear that we will have a hard time to climb up again because of the huge loss in demand in china.

yes i agree, with or without china bitcoin will rise again china just watch other country implement bitcoin in their goverment and china will left behind

I agree with you. Communist, totalitarian countries like china wants to control whole market. They don't like decentralised any community, They want to gather up whole power and the markets, like cryptocurrency, never let them do that. So, Volatility is    decreasing and market will be stable soon.

a big news bitcoin banned in china that makes people panic selling bitcoin, but whether bitcoin will die if there is no china?
I'm sure bitcoin will stay alive without china,
But that's just great news that keeps the bitcoin price down,
and I am sure that bitcoin is not banned in china.

yes we must always be sure to keep working in various projects without having the Chinese people because the goal there is to make money though not too big must still have an optimistic attitude by everyone in the face of this ordeal.

I'm not sure bitcoin better without China, because I know China is one of the biggest supporters of bitcoin, big investors also many from China. but prices recovered after the issue of China ban and close exchange, so bitcoin without China may not be a problem.
 

As of now, it seems that the closure of the exchanges is a temporary solution. And some of the exchanges such as OK Coin and Huobi will be operating, although they will have to disable the CNY-BTC trade. Anyway, the Chinese government is out of options here. If they ban the mainland China exchanges, then the users will simply open accounts with exchanges based in Hong Kong and South Korea.