Bitcoin Is Better Without China!!!!!!! - page 6.

_Legendary_

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Quote from: MrCrank on September 16, 2017, 02:12:01 AM

Quote from: LFC_Bitcoin on September 15, 2017, 11:12:37 AM

I'm not sure if bitcoin is better without China but it's good to see the price recovering. The bad news is already upon us now so hopefully the worst is over now.

My opinion that without or with China - price will be rise.
I read that Russia want build large bitcoin farm in the world.
I think it's good news for because China can't control mining after.

Yes it seems so, although without China bitcoin prices will continue to skyrocket because users of bitcoin are global and this is proof that china can not control bitcoin. Because users are constantly increasing then nothing can stop bitcoin.

yohan09

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Banning bitcoins in China proves that they are one great users of Bitcoins, Seems the market price are totally affected , as of now we are on the stage of adjustments and recovering the impact brought by China, We already adopt the fluctuations behind bitcoin, there's no way to panic because the real power of bitcoins still remains on us , going back the supply vs demand, and we already proved how it works in previous days. The same path..

MrCrank

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Quote from: LFC_Bitcoin on September 15, 2017, 11:12:37 AM

I'm not sure if bitcoin is better without China but it's good to see the price recovering. The bad news is already upon us now so hopefully the worst is over now.

My opinion that without or with China - price will be rise.
I read that Russia want build large bitcoin farm in the world.
I think it's good news for because China can't control mining after.

Carlsen

hero member

Activity: 910

Merit: 501

China has about 20% of the world population.
They bring a huge amount of money into bitcoin.
And what happens when many of them sell, we have seen this week.
Bitcoin would not be near the price we have without he chinese investments.
But what should happen is that the exchanges and miners spread equally to different countries.

yoseph

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Activity: 868

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Quote from: RawDog on September 15, 2017, 09:36:52 AM

Quote from: CryptoBry on September 15, 2017, 09:27:07 AM

We can still survive without China

Bitcoin is far better without those scared little rats running for the exit every time another news story breaks. Like cockroaches when you turn on the lights in the kitchen. They scurry away so fast.

They should just go, the Chinese almost ruins everything on this planet. They took advantage of their low utility costs answer mine a lot of bitcoins in the process, am thinking of what is going to happen if they start to dump all their bitcoins.

merchantofzeny

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Quote from: CryptoBry on September 15, 2017, 09:27:07 AM

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

I'd definitely be glad. It is just frustrating that one government can have so much control over how a decentralized currency simply by virtue of having the most mines, etc. If they really intend to be out of the crypto scene and they'd go ahead with shutting down the exchanges, then good riddance. Heck, if they shut down the mines, they'd be losing a lot of money. That as well as the lost money from exchanges would not please their citizens. They've been simmering down there.

hich_ang

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Bitcoin will recover and China is not leaving the world of cryptos.

nl247

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We don't really care about them, do we? If they want to partake, they are welcome and if not, they can find their way for all we care. I am happy the market is at least recovering gradually even after all the crazy news from the region lately.

Zenithar

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Quote from: digitalgame4life on September 15, 2017, 03:12:32 PM

Well I totally agree that bitcoin is better without china because its constantly up and down because of China, on the other hand there is much rumours and lies spreaded out that has nothing to do with China as a whole, its just people wanting to buy cheaper coins in order to profit, if China does go out than you can expect the prices to drop heavily because we have alot of Chinese investors in cryptocurrency, it takes the market a long time than again before it goes up cause in western countries they are scared as a chicken cause of the volatility, if cryptocurrency gets more stable it wil be big in western countries as well.

to me i think that china play important part in promoting bitcoin and we have to accept the fact, but i think that bitcoin is now decentralize and is already present throughout the world therefore i think that a single country cannot effect bitcoin too much.

Fundalini

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Having a large entity joining the market like china has disadvantages that far outweighs its benefits. For starters, it can sway the market to it's advantage since it has a considerable influence. Yes, it can pump the price sometimes, but mostly its just FUD. So, yes, I think bitcoin would be better off without them.

bitcoindusts

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I do not think that Bitcon will be better without China. It is always a downfall whenever a supporting citizen is being out of the market. Bitcoin will be missing the demand this people of China is giving, so I guess it would be better if China is still with bitcoin. The sudden hostility of the Chinese Government may push down the price of Bitcoin but it gives new blood a lower entry price making it more attractive to the new investors to hop in the Bitcoin economy.

jubalix

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BTC is going to get very expensive in CNY

darkangel11

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Don't let others control your BTC -> self custody

Quote from: ?? on ??

We can say that Bitcoin without China will be better. Their price manipulation is arrogant and unbelievable. But they have a vast majority of hash rate. If they would decide to mine their own Bitcoin then it would be bad for us. The only upside of forks is a chance to earn some money if you have a lot of BTC (recently happend when BCH fork occurred). I'm only afraid of 51% attack which might be possible in the future. I hope more independent people will start to invest in Bitcoin which would result in making it more hard to perform.

Don't forget that they also brought a lot of money to the table. Do you remember when the Chinese exchanges first opened? The pump was incredible, but then they started covertly moving money out of the country, government got wind of that and started shutting them down one by one and we had one of the biggest downtrends ever.
History likes to repeat itself...

neya

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Quote from: CryptoBry on September 15, 2017, 09:27:07 AM

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

we can survive without china cyrpto not depend to them. but it has an effect to crypto world by now. but maybe after a month will recover. some investors just panic because of that china ban bitcoin but after that will recover and go back to normal.

1Referee

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Quote from: Saisher on September 15, 2017, 03:11:05 PM

They will always be a part of the Bitcoin community because Chinese people are all over the world and each country has a community on it, one of them had dual citizenship and history tells us Chinese support is good for bitcoin progress.

Chinese people aren't the problem here, their lunatic government is. People there won't have any problems buying themselves into crypto, even after a total crypto ban. China is a massive country, which brings in massive growth, but thus far, their government has only caused Bitcoin to go through sell-offs like we have experienced in the last days. One way or another, this must really come to an end - it's insane that one country is causing so much trouble, even in current days. People are sick and tired of this, but yet they let China get the better of them, what a jokers. People should stop focusing on something that has nothing to contribute to Bitcoin and crypto in general. FORGET CHINA! Focus on how Japan and South Korea are taking over the Asian continent in a positive way - that's far more interesting. If it was up to me, I would right now kick out China entirely from anything crypto related, just to get rid of them.

supandi wiharja

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Earn crypto for being contacted

The closing plan of China's largest trade bourse has led to a fall in the price of bitcoin and to date there has been no sign of a further rise.
I think if that happens, this is not a setback because this is a great opportunity to buy bitcoin when prices tend to plummet.
if they reject the existence of cryptocurrency and they refuse to return.
I think without China, bitcoin will not die.

googlebtc

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Activity: 434

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Quote from: CryptoBry on September 15, 2017, 09:27:07 AM

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

if bitcoin is better without china and now we've got negative impact and if we can without china about bitcoin problem will be more advanced for future bitcoin and I hope bitcoin will become stable again and without china or not hopefully bitcoin will be better

Ayiranorea

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Leading Crypto Sports Betting & Casino Platform

Quote from: Ucy on September 15, 2017, 02:47:44 PM

Honestly the ban and unban is causing price instability. But you wouldn't blame the ordinary Chinese who are aswell the victims. The government needs to be responsible.

The government tries to take control over the trading activities happening with each and every trading exchanges. It has provided with the time target of 15th and now several exchanges have scheduled to settle all the trading related financing by 30th September. We can expect a conclusion by then.

digitalgame4life

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Well I totally agree that bitcoin is better without china because its constantly up and down because of China, on the other hand there is much rumours and lies spreaded out that has nothing to do with China as a whole, its just people wanting to buy cheaper coins in order to profit, if China does go out than you can expect the prices to drop heavily because we have alot of Chinese investors in cryptocurrency, it takes the market a long time than again before it goes up cause in western countries they are scared as a chicken cause of the volatility, if cryptocurrency gets more stable it wil be big in western countries as well.

Saisher

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Activity: 2324

Merit: 175

They will always be a part of the Bitcoin community because Chinese people are all over the world and each country has a community on it, one of them had dual citizenship and history tells us Chinese support is good for bitcoin progress.

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