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Topic: Bitcoin life depends on China - page 2. (Read 1487 times)

newbie
Activity: 11
Merit: 0
December 21, 2013, 05:29:46 AM
#14
OH,MAY BE YOU RIGHT,MY GOD~ Smiley
sr. member
Activity: 301
Merit: 250
Ɓιтcσιη
December 21, 2013, 05:27:58 AM
#13
Bitcoin can live without exchanges, learn to use localbitcoins for decentralization
newbie
Activity: 1
Merit: 0
December 21, 2013, 05:26:05 AM
#12
Long-term holding
newbie
Activity: 3
Merit: 0
December 21, 2013, 05:11:46 AM
#11
Bitcoin is greater than China! It will survive without China!!
full member
Activity: 125
Merit: 100
December 21, 2013, 04:35:16 AM
#10
Bitcoin life does not depends on China, your probably too concerned about short time Bitcoin price too much
newbie
Activity: 7
Merit: 0
December 21, 2013, 04:10:53 AM
#9
Bitcoin is going to mass adoption all over the world. Not depends of China



DrG
legendary
Activity: 2086
Merit: 1035
December 21, 2013, 03:41:09 AM
#8
So Bitcoin is dependent on the banks that it set to replace?  That's like a chicken/egg scenario or MC Escher drawing.

Chinese will use Bitcoin even if China doesn't want them to.  At least that's what I got from Ni Hao Kai Lan.
newbie
Activity: 1
Merit: 0
December 21, 2013, 03:12:12 AM
#7
Bitcoin life depends on bitcoin's larger adoption by businesses.

sr. member
Activity: 448
Merit: 250
December 21, 2013, 03:09:55 AM
#6

No, it isn't.  Tongue
sr. member
Activity: 252
Merit: 250
Skoupi the Great
December 21, 2013, 02:51:59 AM
#5
If bitcoin depends on China then we are doomed...

True.
Bitcoin is designed to work with decentralization.  Cheesy

I agree but what i actually meant is that bitcoin is now history in China.  Sad
newbie
Activity: 3
Merit: 0
December 21, 2013, 02:09:25 AM
#4
If bitcoin depends on China then we are doomed...

True.
Bitcoin is designed to work with decentralization.  Cheesy
sr. member
Activity: 252
Merit: 250
Skoupi the Great
December 21, 2013, 01:39:32 AM
#3
If bitcoin depends on China then we are doomed...
full member
Activity: 123
Merit: 100
December 21, 2013, 01:28:26 AM
#2
Nope, not only China.

Another big positive factor is VC capital in related concepts:
"The investor community, however, might see things differently. They’re not investing in the Bitcoin currency so much as in its underlying infrastructure, which could serve other virtual currencies in the future, said Barry Silbert, an active angel investor in the industry. So if Bitcoin fails, it may not even matter to them, or to the startups."
See http://www.pcworld.com/article/2082700/could-bitcoins-frothy-venture-funding-dry-up.html

Another factor are:
The 188-195 (depends on definition) other countries in the world.
Like in South America where high inflation is very common.

Another big factor is
SecondMarket CEO: Wall Street Will Put 'Hundreds of Millions' Into Bitcoin
http://www.entrepreneur.com/article/230346

By the way:
If China Wanted to Ban Bitcoin, It Would Ban Bitcoin
http://allthingsd.com/20131218/if-china-wanted-to-ban-bitcoin-it-would-ban-bitcoin/
newbie
Activity: 14
Merit: 0
December 21, 2013, 01:17:52 AM
#1
December 19th news, China government banned China largest bitcoin transaction platform bitcoin Chinese (BTC China) accept Renminbi deposits, this message, bitcoin plummeted. Foreign media commented on this article, the following is the abstract:

Bitcoin China stop accepting RMB deposit, it is even bitcoin ecosystems around the world would be a huge blow to China, but not the end signal.

First, the currency Chinese CEO Li Qiyuan is working with another third party payment company on the restoration of the RMB deposit negotiating.

Second, if want to ban China bitcoin, must be completely blocked the currency. In the current Chinese with bitcoin is not illegal. The currency game player can still trading with each other, but if they want to buy the currency of RMB is required for trading line.

Perhaps the government just Chinese bitcoin has some cold water, in order to prevent the currency a get out of hand.

A bitcoin game player said, "China government bitcoin hold a favorable attitude, but the rapid development of a bitcoin some be taken by surprise, therefore in a better understanding of bitcoin prospect, need to let the currency braking. This is a bit like treatment America, I think the final against the official Chinese special money attitude will become more tolerant."

Many industry observers think, in recent months the currency prices soared, and the increasing number of game player, the main reason is that the currency demand in the China rise. If China full stop bitcoin, bitcoin prices will fall very fierce.

It seems the currency is born is dead, to see China further government position
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