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Topic: Can Bitcoin Prices Reach $5,000 Again Without China? - page 4. (Read 2996 times)

hero member
Activity: 980
Merit: 507
The price can reach and even go over 5000$,no doubt in that.  But one thing that might be affected is that China's mining farms contribute a lot to the crypto society. If China bans mining then, transaction fees will be high, there will be numerous unconfirmed transactions.  Russia has invited miners to do mining in a huge area of land along with necessary resources  so that can also help.
full member
Activity: 532
Merit: 100
Absolutely. Don't rely on China because bitcoin rely on us all and there are still countries that are planning to join the bitcoin adoption.
sr. member
Activity: 1400
Merit: 347
It can, but only at 2018.

The answer is in Russia.

sr. member
Activity: 1190
Merit: 306
Easily you noob account that's no doubt the alt of another account.
Bitcoin doesn't need China at all, though it's obviously benefited
from that country.  China could be nuked into oblivion and bitcoin
(and crypto in general) would survive handily.  Would the price be
as high?  Maybe not. But it would still exist.
legendary
Activity: 1162
Merit: 1000
Definitely Bitcoin will reach that price even without these Chinese investors.  It may take a while but we know Bitcoin is expanding its market everyday.  More and more people are going into cryptocurrency so this gap that Chinese government made will eventually filled by the new bloods in cryptocurrency.  Let us just wait and see how Bitcoin recover its price and break the $5000 barrier once again.
yes it all depends on time. because we all believe that bitcoin has the power to do that even in the absence of china. bitcoin prices can reach quite high during this time because of the increasing bitcoin users who make transactions. so when now we can increase people who are interested in using bitcoin then this can add positive impact to the development of bitcoin. not the most important china but the more people who use bitcoin.
sr. member
Activity: 1050
Merit: 269
Definitely Bitcoin will reach that price even without these Chinese investors.  It may take a while but we know Bitcoin is expanding its market everyday.  More and more people are going into cryptocurrency so this gap that Chinese government made will eventually filled by the new bloods in cryptocurrency.  Let us just wait and see how Bitcoin recover its price and break the $5000 barrier once again.
hero member
Activity: 924
Merit: 502
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
in fact bitcoin is a decentralize currency and the users of bitcoin are available everywhere in the world, and the users of bitcoin are even increasing from time to time which is making bitcoin more stronger, so we can expect that the China will not effect bitcoin any more. i am sure that the investors from the other counties will give good support to bitcoin and they will never let bitcoin down.

Good thing about decentralized bitcoin, is it's ability to gain it's good price as well. That's why it's famous around the world now and more people were investing for a future plans of aiming at higher price rate and will sell for bigger profit gains. More investors aside from china is not worried about it, because they relied the whole world's populations and not from one country.
hero member
Activity: 588
Merit: 500
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
in fact bitcoin is a decentralize currency and the users of bitcoin are available everywhere in the world, and the users of bitcoin are even increasing from time to time which is making bitcoin more stronger, so we can expect that the China will not effect bitcoin any more. i am sure that the investors from the other counties will give good support to bitcoin and they will never let bitcoin down.
legendary
Activity: 1442
Merit: 1025
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
why not?? it will be 7000$ end of this year.just wait and watch
Yup it will reach up to 7000USD or many more the factor on which it is depending the acceptance from the world and now many countries across the globe started in bitcoin and this will give huge boost to the prices and they will cross the record index in no time and I am waiting for that time to earn and to join the race of profiteers.
hero member
Activity: 714
Merit: 500
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Bitcoin price might go far than 5000 $ without china specially with china ban demand from Chinese will increase and bitcoin price will hit new high again relax and watch .
sr. member
Activity: 630
Merit: 263
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
Why is everyone concerned about the use of bitcoin in China? What do you care? Let me remind you that most countries in the world has the law on the legal use of bitcoins and it does not prevent it from spreading around the world. Drugs is also illegal, but they sell them in all countries. If you use bitcoin will be profitable no bans will not stop him.
hero member
Activity: 946
Merit: 500
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Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
That's what all we can do, to continue moving forward, not because China bans it we eill stop using it or will dump it. Btc is able to do more and to achieve another records in its price without China.
legendary
Activity: 1400
Merit: 1009
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
full member
Activity: 266
Merit: 107
Absolutely Yes, We have Japan, and Korea. Then why should worry?

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

Yeah right, it woul be rise to that price soon. Bitcoins does not only denpends on china there are many countries that support it also as mention above.
So even withoun china, we could probably see that price reach in the right time just be patience
sr. member
Activity: 475
Merit: 253
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Absolutely Yes, We have Japan, and Korea. Then why should worry?

Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
hero member
Activity: 1148
Merit: 504
with china or not i do believe bitcoin can reach even more than $5000 and from now on the price has been recovered above $3500 and slowly but sure eventually the price will hit again to $5000 or higher

Yes, this is for sure. No way bitcoin can be so dependent on China. There are a lot of bitcoiners outside China. Even when the FUD was happening, everytime there was a dump, the price is still pulled up. China can dump bitcoin and the world will gladly buy that bitcoin back.
sr. member
Activity: 1092
Merit: 256
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why do people are so much damn concerned about the effect of china for the price of bitcoin? as many of here says, bitcoin price do not depend on china. it does not control bitcoin. it is only "PART" of the ecosystem. so of course, bitcoin can still soar without china.
Bitcoin can move forward without China, but at some point its participation is required. Maybe in the future when more countries support bitcoin the situations might change. At present China has got the largest market for bitcoin as well other digital currencies. This is required in all forms of growth of bitcoin.
full member
Activity: 518
Merit: 100
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I hope so, and besides, there's a possibility. Indeed, China is a major loss for cryptocurrency including Bitcoin because it is one of the biggest crypto investors. But seeing how Bitcoin slowly making its way back to top, and knowing that it again reached the 4000$ mark, it is possiblr that it will reach the 5k dollar mark before this year end since there'll be a hardfork in the month of November, and if that would be successful, for sure, Bitcoin will then again go skyrocket next year.
sr. member
Activity: 504
Merit: 250
why do people are so much damn concerned about the effect of china for the price of bitcoin? as many of here says, bitcoin price do not depend on china. it does not control bitcoin. it is only "PART" of the ecosystem. so of course, bitcoin can still soar without china.
sr. member
Activity: 434
Merit: 255
Why do you think that without China bitcoin will become weaker? China's only territory. The Chinese will never give up the income associated with the use of bitcoin. They just need time to get around the prohibitions of the government.
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