Bitcoin successfully defeated China - page 13.

Kotone

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Quote from: thejaytiesto on September 18, 2017, 08:41:16 AM

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

If you can see I have already been foghting for bitcoin that it would survive the conflict on china as it has always dine before. I am still a firm beleiever and has managed to study some of its trends. And yes it really is a happy moment to see bitcoin slowly getting on track again. A vindication.

TravelMug

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Quote from: thejaytiesto on September 19, 2017, 06:45:51 PM

Quote from: allthingsluxury on September 19, 2017, 08:53:24 AM

Bitcoin is much bigger than one country. One country alone cannot dictate the direction of Bitcoin, at this point it is global.

Even if all the major countries banned it, people that really want to buy will always find a way, and some countries will always keep it unbanned because it will be on their interest to do so, they would become crypto friendly niches and they would reap the profits of that while the rest get nothing, which is why it will never happen, at some point you are missing out if you ban it, which is why i also think China will retract from his position and unban it eventually.

Since Chinese already know how to make lots of money in the crypto world, even if the Chinese bans it, they will always find a way to trade/invest into it, whether using vpn, having a non-Chinese in China to buy bitcoins for them.

I really hope that they will retract their positions though, it was sudden that those who have millions worth of investment in there suddenly panics sold off crashing the market. Its not the world that will suffer, its those Chinese investors who really love bitcoin because they are earning huge amount is the real loser here.

Lumada

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Quote from: Nerman on September 19, 2017, 08:12:25 PM

I do not know if im correct what I read was China are banning ICO and exchanges. They not banning Bitcoin so I think the Chinese can still mine and own Bitcoin.

Also the Japan news help into the recovery of the price.

Well when the ICO and exchanges were ban in China then there will be no use on btc for them. Bitcoin now were recovering and that's a good news since we can see that no one can manipulate btc.

Nerman

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I do not know if im correct what I read was China are banning ICO and exchanges. They not banning Bitcoin so I think the Chinese can still mine and own Bitcoin.

Also the Japan news help into the recovery of the price.

thejaytiesto

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Quote from: allthingsluxury on September 19, 2017, 08:53:24 AM

Bitcoin is much bigger than one country. One country alone cannot dictate the direction of Bitcoin, at this point it is global.

Even if all the major countries banned it, people that really want to buy will always find a way, and some countries will always keep it unbanned because it will be on their interest to do so, they would become crypto friendly niches and they would reap the profits of that while the rest get nothing, which is why it will never happen, at some point you are missing out if you ban it, which is why i also think China will retract from his position and unban it eventually.

swetka

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Quote from: Mometaskers on September 19, 2017, 03:53:49 PM

I wouldn't go so far as to say that BTC has beat China. If more than any other country, it's the Communist authoritarian government that would be most zealous of their own currency. But still this did show that btc have resilience.

Are the exchanges mentioned in the news already closed? We still need to watch closely what China would do. I don't think they'll completely ban exchanges, only put more regulations. Still, should that happen, the mines would be next. Let's see if they are willing to cut themselves of this method of generating wealth.

for today, there are quite a lot of versions of what is actually going on for crypto currency small. No one really pointed out the essence of the problem with the Chinese side. Although Bitcoin fell very low due to rumors. But today already and we want you to see that your come all the same line in 4000 dollars.

Mometaskers

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I wouldn't go so far as to say that BTC has beat China. If more than any other country, it's the Communist authoritarian government that would be most zealous of their own currency. But still this did show that btc have resilience.

Are the exchanges mentioned in the news already closed? We still need to watch closely what China would do. I don't think they'll completely ban exchanges, only put more regulations. Still, should that happen, the mines would be next. Let's see if they are willing to cut themselves of this method of generating wealth.

gabbie2010

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SOL.BIOKRIPT.COM

Although China may have a considerable number of bitcoin users, holder and traders that should not mean they should put other global users into ransome, there are positive indication that bitcoin had defeated China, people has the belief that without the Chinese bitcoin we can push up the price with more countries adopting bitcoin especially other Asian countries will try to counter Chinese policy on bitcoin.

kairo8758

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Learn Something New

One country isn't a balanced opponent for bitcoin.
Bitcoin keeps getting stronger everyday because of the community itself.
And now player 2 has entered the game, Japan.

HTracer

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Bitcoin showed remarkable resilience facing news from China. Price is not far from the level before first signs that Chinese government planned to ban bitcoin exchanges. Threat of closing most populated market for bitcoin is not as scary as it used to be. Bitcoin is certainly winner in this fight.

allthingsluxury

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Bitcoin is much bigger than one country. One country alone cannot dictate the direction of Bitcoin, at this point it is global.

Sled

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Bitcoin- in bullish time

Quote from: thejaytiesto on September 18, 2017, 08:41:16 AM

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

Banned in the china of bitcoin is not a big deal because we got Japan and other Asian countries which they are contributing good amount of volume of trades everyday and that is a proof that the banned of bitcoin in China is not a big deal because we can survived and still in the top even there is no chinese people who are in bitcoin.

Bellator

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Quote from: Hexah on September 19, 2017, 06:19:28 AM

Definitely, because no one can defeat bitcoin, it will only be defeated if no one would not be interested in bitcoin anymore and regard for the latter I think it is rare not to use such cryptocurrency that is decentralized, has the advantage to increase in its value, and not prone to inflation and many advantages it has. No one can defeat it because it become popular worldwide and many are willing to invest, make it an asset for future use, then if only one would ban it, it is not reason that it will be down totally. I am positive always that it will pump up even it decreases its value and I think it is because of its volatility because it is the nature of bitcoin.

Yeah we all surpass this great chaos and now we are intp widely demand that will make bitcoin a nice investments for the future of our finances. As we took part of the system of bitcoin now, we are going be the most reliable proof of bitcoin's growth. So we better stay strong and don't worry about the future even though bitcoin is volatile but still we are going to benefit from it's pumping moments.

Hexah

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Definitely, because no one can defeat bitcoin, it will only be defeated if no one would not be interested in bitcoin anymore and regard for the latter I think it is rare not to use such cryptocurrency that is decentralized, has the advantage to increase in its value, and not prone to inflation and many advantages it has. No one can defeat it because it become popular worldwide and many are willing to invest, make it an asset for future use, then if only one would ban it, it is not reason that it will be down totally. I am positive always that it will pump up even it decreases its value and I think it is because of its volatility because it is the nature of bitcoin.

Sir Legend

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This is the advantage of decentralization, when the user and community of bitcoin are strong then there will be no dependence on anyone including china. and this is proof that majority bitcoin users are not from China but spread evenly throughout the world.

fanbeila

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Definitely,bitcoin is no more in need of china for its progress.Now,the losers are only the chinese investors.They could do nothing except blaming their government for taking actions against bitcoin.This would be a great chance for setting more mining farms in other parts of world to once again decentralize mining.Japan's great internet giant GMO haSIC miners for mining bitcoin.It would be a great competition to bitmain in mining industry.Bitcoin getting completely out of china is good for the progress of bitcoin.

Carlsen

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I don't think that China is out of the game.
If I understand it correctly, the exchanges are still running, the only thing that has changed is that they do not accept deposits in the form of the chinese fiat anymore.
Actually, if that was all China was aiming at, they could have said it in the first place. It would have saved many of us from a lot of trouble.

Jake052478

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I will do wonder for YOU!!!

With all these things happened last week, the trade of bitcoins has become stronger on the entry of Japan into the cryptocurrency exchange. This is good news after all. As I have read in an article, only 10 to 15 percent does China share in the cryptocurrency trade... So no wonder, bitcoins have regained its status already. Upon learning about cryptocurrency's strong exchange a couple of days ago... I was more inspired to continue in this bitcoin thing....

audaciousbeing

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Quote from: thejaytiesto on September 18, 2017, 08:41:16 AM

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

There is no way to completely remove the Chinese from the scheme of things and saying that bitcoin is growing without the Chinese market will not be totally true because the market alone does not go around the exchange sites which the search light on at this time. But dont also forget the impact of the mining centers available and they either make bitcoin available and even transactions confirms which means without them, there wont be any market after all.

I quite agree with the tighter exchange sites coming back because I dont see any sane country who have dominance in a currency of the future throwing it away just like because they could not control it and another country is ready take charge and dominate. So, they are coming back and this time, the price might reach unimaginable height.

Mysterious01

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Quote from: thejaytiesto on September 18, 2017, 08:41:16 AM

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

This is a good signal that bitcoin is already strong enough to stand up even some countries banned it.
Even though its value crasses down because of China's policy, there are still many countries who are willing to adopt it. Cheers as the price goes up again.

Topic: Bitcoin successfully defeated China - page 13. (Read 5774 times)