Bitcoin successfully defeated China - page 2.

leyton11

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Quote from: justspare on October 19, 2017, 03:08:27 AM

Quote from: jekjekman on October 16, 2017, 02:55:01 AM

Quote from: peterthegreat on October 15, 2017, 04:11:22 PM

Bitcoin successfully defeated China because Bitcoin is independent and China is just some entity that has no jurisdiction in cyber space. Nobody does and that's the beauty of BTC.

Yes, bitcoin is independent and really depends on the number of people who trusts it. Maybe some of the Chinese are still trading their coins or if not since Chinese was able to mine a lot of coins before and if they can't release it that only means that the supply of the coin in the market was decreased.

Chinese people think that bitcoin is their slave and its price is totally depending on them and when they banned the trades they think that it will die but it survives just because people have faith in it and there are many lives connected to it and bitcoin has ability to survive through such condition because it is independent of all the region it depend on people who invest and have faith in it,

Nope, this is only the decision of the Chinese government, the Chinese user of Bitcoin did not have this through. But you must to remember, if we do not have the FUD created by the Chinese government, how do we have chance to buy Bitcoin again with cheap price, is right?

valuater

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Quote from: barhavsky on October 19, 2017, 12:42:49 PM

Bitcoin still survive without china because investors not only from China there are still many investors from other countries who invest in cryptocurrency.

Actually many people from different countries invest in the bitcoin and perhaps also because of factors of SegWit2x which led to interest people buy bitcoin high

barhavsky

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Bitcoin still survive without china because investors not only from China there are still many investors from other countries who invest in cryptocurrency.

Nazaneen

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Quote from: thejaytiesto on September 18, 2017, 07:41:16 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.

I agree with you. China has failed to drag down bitcoin. As one of the most influencial people in the world, these Chinese investors who supported the banning of bitcoin in their place were the losers. These Chinese thought they could beat anyone or anything, but this time, they are the one who were beaten. Now, the bitcoin community is laughing at them while the value of bitcoin is rising up.

If only bitcoin can talk, it will probably reject these Chinese investors who are trying to go back to bitcoin investments. China have took the dosage of their own medicine.

Bitcoin users know that bitcoin is a decentralized cryptocurrency and no one ever defeat bitcoin in this world but Chinese were thinking different they think that bitcoin will die when they reject bitcoin but bitcoin show the power to them and not defeated that what I mean that bitcoin is a decentralized cryptocurrency.

Capeshifter

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the regulatory climate is changing so rapidly in all these countries that it's hard to keep up. First China, then the US, then Japan. But I guess it's normal, the technology is new and new laws have to therefore integrate and be written, people have not even clarrified whether Bitcoin is an asset or a security, so everyone gives their own definition and they all see Bitcoin is "a different eye". As with everything, when things get regulated and the government accepts the fact that it can't stop Bitcoin, then we'll start seeing the real money coming in, from both institutional investors and "the common people". It's really exciting times if you ask me and I'm happy to be part of this.

naila waqar

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Quote from: justspare on October 19, 2017, 03:08:27 AM

Quote from: jekjekman on October 16, 2017, 02:55:01 AM

Quote from: peterthegreat on October 15, 2017, 04:11:22 PM

Bitcoin successfully defeated China because Bitcoin is independent and China is just some entity that has no jurisdiction in cyber space. Nobody does and that's the beauty of BTC.

Yes, bitcoin is independent and really depends on the number of people who trusts it. Maybe some of the Chinese are still trading their coins or if not since Chinese was able to mine a lot of coins before and if they can't release it that only means that the supply of the coin in the market was decreased.

Chinese people think that bitcoin is their slave and its price is totally depending on them and when they banned the trades they think that it will die but it survives just because people have faith in it and there are many lives connected to it and bitcoin has ability to survive through such condition because it is independent of all the region it depend on people who invest and have faith in it,

Bitcoin is like a God gift for some people, Chinese people were thinking that bitcoin is not enough god and also bitcoin is dependent on china but it is not like that when they banned china they were thinking that bitcoin will die must but it survive only because people all over the world love bitcoin and they make their lives thorough bitcoin and due to their support now bitcoin is alive and popular.

shezu007

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my ans is a big YES. because if we can judge the previous history of bitcoin then the bitcoin rate is increased very quickly in very less time. which will prove that the banning of bitcoin in china has no affect on bitcoin rate. so its a proof for the future to all countries that no one can affect the bitcoin price.

Cicada1033

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So after yesterdays congress of the chinese communist party it's clear to say that the communists will try everything to maintain their power. They know by looking back at communist regimes like the Soviet Union that once the communist prty in a country losses its grip around their people there is no way going back.

So I guess they fear cryptocurrencies and the freedom they bring for that reason.

justspare

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Quote from: jekjekman on October 16, 2017, 02:55:01 AM

Quote from: peterthegreat on October 15, 2017, 04:11:22 PM

Bitcoin successfully defeated China because Bitcoin is independent and China is just some entity that has no jurisdiction in cyber space. Nobody does and that's the beauty of BTC.

Yes, bitcoin is independent and really depends on the number of people who trusts it. Maybe some of the Chinese are still trading their coins or if not since Chinese was able to mine a lot of coins before and if they can't release it that only means that the supply of the coin in the market was decreased.

Chinese people think that bitcoin is their slave and its price is totally depending on them and when they banned the trades they think that it will die but it survives just because people have faith in it and there are many lives connected to it and bitcoin has ability to survive through such condition because it is independent of all the region it depend on people who invest and have faith in it,

jonatuzc

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Quote from: wowanstrong on October 14, 2017, 05:49:35 AM

Yesterday bitcoin soared very high despite all prohibitions. I believed that he could grow even with the prohibition of China. Only the Chinese in this case are very much losing.

China is nothing in front of bitcoin’s progress and they want to control its price in their hand and this coin defeated them bitcoin proved that it is not confined to any region and one cannot put shackle to it investors are across the world are happy because its price is already at 5000USD and still counting on and rise of single dollar is slap in face of china.

Omega Weapon

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Quote from: Activitycoin on October 18, 2017, 12:51:14 AM

Quote from: Omega Weapon on October 13, 2017, 08:26:15 PM

Quote from: Gozie51 on October 09, 2017, 01:43:03 AM

I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.

The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.

Yes there is no doubt that bitcoin defeat china and I heard that china want to bring back bitcoin when china banned bitcoin so some other develop countries accepted bitcoin and other countries are trying to accept bitcoin and if we see the price of bitcoin its also good then before and day by day his users are going to increase which is a good thing for bitcoin.

The issue for the Chinese is that maybe at some point in the future they will want to go all-in in bitcoin and when they take that decision it maybe too late, Japan has legalized bitcoin and they are already developing their own mining equipment so the hegemony of the Chinese in the mining industry may come to an end sooner than what we may have thought.

hurain

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Quote from: Vastraint on October 18, 2017, 03:38:47 AM

Quote from: thejaytiesto on September 18, 2017, 07:41:16 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 the sign that even the former big players on BTC industry can't bring it down, unless the world announce that BTC and crypto is illegal then someone and somewhere there are , people, group of people, organizations, that will use the piece of technology that Satoshi brought to us. This will be a long war and were not done, they are not done yet, brace for some changes.

Yes i agree with you that the situation is now changing totally. now we can see that even after some bad news in the market we can see the price of bitcoin trading in a good potion. i think that although china has a great contribution but they still cannot manipulate the price of bitcoin any more.

shield132

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Quote from: Kisanaq on October 18, 2017, 03:25:36 AM

This is evidence that the decentralization system can answer all the problems that exist, no one can control the bitcoin so that even if the country banned bitcoin but in fact bitcoin can continue to survive and the price continues to rise.

That answer would be ok 8 years ago but not now. Bitcoin's price is very manipulated, not from only actions but even words said from china plays a great role so imagine when big players want to get profit how much they will do for that. If country bans bitcoin, it will affect price, depends on how active does country was in bitcoin industry.

andrei56

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Quote from: Kingofbitcoin12345 on October 12, 2017, 03:34:30 AM

Quote from: TheCoinFinder on October 12, 2017, 03:16:09 AM

Bitcoin has crossed all previous market records and is now $5118, a weirdest experience first ever in economy.
This is an obvious truth that we alone could manage the cryptocurrency market without china's interfere.
Let's see how skyrocket bitcoin further.

Thanks for that,, I have checked the market price after reading your post.. This is really amazing in many ways..

Any country who want to challenge bitcoin community will be just a laughing stock after this huge increase in price that I though would happen by the weekend but it goes beyond my expectations.. This won’t happen if china still around with bitcoin.. It is better this way they’re not part of this development for them to realized that we can stand alone..

I think that despite of that some countries are going to try to oppose bitcoin and the more they oppose it the more people are going to want to get it, it seems odd but if a government bans something everyone begins to look at that something with new eyes and want it, this is one of the reasons of why the war on drugs has not worked.

Vastraint

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Quote from: thejaytiesto on September 18, 2017, 07:41:16 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 the sign that even the former big players on BTC industry can't bring it down, unless the world announce that BTC and crypto is illegal then someone and somewhere there are , people, group of people, organizations, that will use the piece of technology that Satoshi brought to us. This will be a long war and were not done, they are not done yet, brace for some changes.

Undermood

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Bitcoin has a very big power and the biggest economy in world is China. But China cannot choose to war against bitcoin. They know they will lose.
Wellcome to the new world order.

Kisanaq

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This is evidence that the decentralization system can answer all the problems that exist, no one can control the bitcoin so that even if the country banned bitcoin but in fact bitcoin can continue to survive and the price continues to rise.

Activitycoin

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Quote from: Omega Weapon on October 13, 2017, 08:26:15 PM

Quote from: Gozie51 on October 09, 2017, 01:43:03 AM

I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.

The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.

Yes there is no doubt that bitcoin defeat china and I heard that china want to bring back bitcoin when china banned bitcoin so some other develop countries accepted bitcoin and other countries are trying to accept bitcoin and if we see the price of bitcoin its also good then before and day by day his users are going to increase which is a good thing for bitcoin.

DaftAjax

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Activity: 532

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Quote from: Hotel_Prodeo on October 13, 2017, 10:44:09 PM

I'm happy with this, and this is proof of and enhances the sense of optimism for all bitcoin users about the future of bitcoin to get better even though many countries are banned bitcoin. I'm sure more and more countries are banned then bitcoin is getting popular.

If Bitcoin would be popular as you think it will be then, those countries that have already banned Bitcoin will probably come crawling back to 'not banning' Bitcoin because despite being volatile its price is quite incremental and have quite a pumped in just months.

So the expected price of Bitcoin before the end of this year will be as expected, if it will not be doubled then it will be tripled. Let's just hope that the incoming fork would not affect this stable-increasing price (that's weird how come that it is stable if it is increasing? Well, you'll get it eventually).

jekjekman

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Quote from: peterthegreat on October 15, 2017, 04:11:22 PM

Bitcoin successfully defeated China because Bitcoin is independent and China is just some entity that has no jurisdiction in cyber space. Nobody does and that's the beauty of BTC.

Yes, bitcoin is independent and really depends on the number of people who trusts it. Maybe some of the Chinese are still trading their coins or if not since Chinese was able to mine a lot of coins before and if they can't release it that only means that the supply of the coin in the market was decreased.

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