According to zerohedge, part of the reason for the bitcoin rally last night to $5900 was a rumour that would reinstate the exchanges!
http://www.zerohedge.com/news/2017-10-12/bitcoin-explodes-5600-30-end-chinas-golden-week-holiday
It's nonsense of course. No big country bans and unbans stuff on a monthly basis. I think this was just a rumour put out there to persuade the guillible to buy at the top (and to allow some whales to sell at the top).
Topic: Bitcoin without China - page 3. (Read 3937 times)
Bitcoin is a global currency, it doesn't need any particular country. And it is clear that with current adoption rates btc can grow without China. It will be much faster with them but they are expendables.
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges.
I like this idea china has been playing around with bitcoin they act that they love bitcoin and are happy they are the world power but in end they start banning stuffs and start introducing new and different rules to bitcoin
They cannot really introduce any rule perse as bitcoin cannot be controlled and it seems it has proven itself as such after the whole Chinese FUD. You cannot blame china though as all they are trying to do is not to admit anything that will go against their monetary policy or affect their economy in a way and they are trying to be careful not to fully do that and at the same time not to declare that they hate bitcoin. As time goes on, they will just have to stick with one.I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges.
We no more need china or russia for progress of bitcoin.Bitcoin would survive without china.Only chinese investors have to suffer as they would not be able to dominate bitcoin market here after.Bitcoin price has almost reached $5,661 today despite china's actions against bitcoin.
But regarding mining,definitely we would have to suffer due to late confirmation of transactions as majority of mining farms are located in china.It would take a little bit time for mining farms to be set in other parts of the world.
But,it would definitely be helpful for bringing once again decentralization in bitcoin.
But regarding mining,definitely we would have to suffer due to late confirmation of transactions as majority of mining farms are located in china.It would take a little bit time for mining farms to be set in other parts of the world.
But,it would definitely be helpful for bringing once again decentralization in bitcoin.
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
Well, I guess the market has given us a resounding answer in the last day: China is no longer critical to making new highs. Japan and South Korea seem to have filled in the space left by China, and the increased positive chatter from large financial institutions (e.g., Goldman Sachs) may well be drawing in new investors. Additionally, just because China has shut down their exchanges, that doesn't mean that Chinese investors have sold all of their bitcoins. They could still be holding, hoping that BTC -> Yuan trading will resume at some point. What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges.
I like this idea china has been playing around with bitcoin they act that they love bitcoin and are happy they are the world power but in end they start banning stuffs and start introducing new and different rules to bitcoin
They cannot really introduce any rule perse as bitcoin cannot be controlled and it seems it has proven itself as such after the whole Chinese FUD. You cannot blame china though as all they are trying to do is not to admit anything that will go against their monetary policy or affect their economy in a way and they are trying to be careful not to fully do that and at the same time not to declare that they hate bitcoin. As time goes on, they will just have to stick with one. 
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
Bitcoin growth is not dependent on a specific country, bitcoin has become a global currency now without any centralized authority. Bitcoin will reach the new heights and will set new benchmarks in future too even without China. BTW soon china will remove its ban on Bitcoin when they will realize their mistake.What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
Although some rumors said that btc will fall down but i don't think so. Owing to cChina banned bitcoin and After fall down 3000$ , bitcoin is start to growing up and now the price of bitcoin is around 4322$ and i think bitcoin will hit 5000$ or more at the end of this October without china. Now China maybe realise that Bitcoin don't care about anyone. Besides it is good time to buy bitcoin and makes profit from bitcoin.
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
Bitcoin growth is not dependent on a specific country, bitcoin has become a global currency now without any centralized authority. Bitcoin will reach the new heights and will set new benchmarks in future too even without China. BTW soon china will remove its ban on Bitcoin when they will realize their mistake.What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
Bitcoin growth is not dependent on a specific country, bitcoin has become a global currency now without any centralized authority. Bitcoin will reach the new heights and will set new benchmarks in future too even without China. BTW soon china will remove its ban on Bitcoin when they will realize their mistake. What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
bitcoin without China maybe fork 
Bitcoin economy is now cleaner than ever without china.
In fact, bitcoin is far better without china. who needs china anyway?
In fact, bitcoin is far better without china. who needs china anyway?
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges.
I believe the news leaks of the Chinese government's ban on Bitcoin trading and perhaps also Bitcoin mining are not FUD anymore. We have seen BTCC and ViaBTC releasing announcements that they will terminate their exchanges by the end of this month. The rest doubtlessly will also follow.
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
What will happen to "a Bitcoin" without China? Do we really need them to reach new highs?
nothing would really happen to bitcoin without china because as you see thesedays bitcoin is back and still increasing and soon will skyrocket and reaches to the moon, no matter what crisis its facing. the storm has passed and theres a new season that is blooming on to bitcoins and lastly we wont be dead without china or other countries and online exchanges.
I like this idea china has been playing around with bitcoin they act that they love bitcoin and are happy they are the world power but in end they start banning stuffs and start introducing new and different rules to bitcoin
It's chinese people who seem to really like or loving bitcoin, they are happy because they can make so many profits out of the bitcoin existence and their government? I think not.the government are trying to prevent bitcoin disrupting their economic and by that they release the regulation.
I like this idea china has been playing around with bitcoin they act that they love bitcoin and are happy they are the world power but in end they start banning stuffs and start introducing new and different rules to bitcoin
It is the other way around "China needs bitcoin" or I say "Bitcoin is better without China".. Bitcoin doesn't need any support from government to survive,, it is developed to be decentralized and out of any government contol and policy.. If they want to regulate bitcoin in the first place they should have announced it and not downplay for being rumors.. They've planned for bitcoin price down but those days won't last.. Bitcoin recovers.. Again..
It's really not that simple, since having exchanges around is always a good thing as more people are able to access bitcoin easily. With a bitcoin-friendly government it is probably a lot easier to spread the idea of bitcoin than with a bitcoin hostile government. This goes without saying ofc.
However as you said, bitcoin can indeed survive without China.
People will still trade in China, and still buy bitcoins. Tehy'll just do it another way. It's not like China is gone forever.
I don't know how they're government react when one of they're citizens will not follow them because I'm not aware of how they implement such policy.. But if it is forbidden to do so,, I will stop and never do that and wait for the change of heart of my government officials.. China might not be gone forever but I will not change my idea of a much better bitcoin community without them..
I agree to that mate.. Even japan alone can handle those investments because they have legalized bitcoin in that country.. China is just making noises to gain some attention.. Like a child play and china doesn’t really mature of how they think... It was not meant to regulate they want to own and be the center of the Blockchain technology and of the bitcoin community that is obviously impossible..
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