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Topic: Can Bitcoin Prices Reach $5,000 Again Without China? - page 6. (Read 3042 times)

sr. member
Activity: 504
Merit: 250
I'm optimistic with bitcoin progress even without China, because with the popularity of bitcoin nowadays it certainly can attract investors from various countries to contribute to bitcoin, even with the presence of Japan that has opened the market for crypto trading, of course, It gives new hope for the growth of bitcoin in efforts to improve its progress, and it seems that before the beginning of 2018 bitcoin prices could reach $ 5000 even without the crypto trade in China.
member
Activity: 222
Merit: 10
Yes. Bitcoin will continue to go higher up in value. With more countries joining the bandwagon it has to go up. Personally I think China will draft a fresh policy to allow Bitcoin trading in the future and will try to regulate it.
legendary
Activity: 1806
Merit: 1521
We proved the world wrong by bouncing back from 3000$ to 4000$ in a matter of hours. I don't know when we will hit 5k again but we will eventually. I still hold onto my theory that China caused FUD and bought up a lot of bitcoin when it was low. That's why we saw such a good bounce back.

After previous bubble pops we saw even stronger bounces, like 62% and 70%. Here, we only retraced 50% of the move down from $5000. I'm hopeful that we will form a base to rally from now.

But don't you think it's possible that this was just a dead cat bounce? That could still be the case even if we push up to $4200+. I see that Masterluc is bearish for the first time in a long time, which makes me nervous.
hero member
Activity: 3080
Merit: 603
Of course bitcoin can reach $5,000 even without China. Do you even think that China is the only major player in the market? Think about Japan, South Korea and other countries that are now progressive and adopting bitcoin. And we can even reach higher price without them because of the adoption that's about to happen from other countries as well. Once there are big companies started to show their interest in bitcoin, it will increase suddenly.
hero member
Activity: 1428
Merit: 653
Leading Crypto Sports Betting & Casino Platform
Why not? China banned the bitcoin, But maybe another country will take the place of China. Maybe it will Japan, USA or Uk. So we will see in the future who will it. But I am sure that btc will reach 5000$ without china but it will need time.
First of all with or without china bitcoin prices may go both ways low or high. Secondly yes there are lots more countries which seem to have been supportive of bitcoin and there are more people in those countries who are interested in bitcoin and buying it so China isn't the only country which can influence bitcoin prices adversely or favorably. Bitcoin will reach 5k mark soon and the poor Chinese people will be feeling deprived.
hero member
Activity: 1274
Merit: 516
Sure it can, with the increasing bitcoin's popularity we will manage to get $5000 without china, but the process will be longer, but we are depending on china to get that number, with more implementation in shop and more country willing to accept bitcoin, I am sure bitcoin will reach it
jr. member
Activity: 34
Merit: 1
For sure it can, Bitcoin community is increasing every day. Look, a good part of the China's community is moving to Japan to operate from there. Also, there are some rumors that China may remove the ban after regulation. Let's see what happens.
full member
Activity: 294
Merit: 107
Most likely, yeah. Bitcoin and cryptocurrency as a market is still uncharted by most standards, it's not obscure or anything, but it's not on the same level as normal currencies, so spastic rises in the exchange rate will continue and prices above the sum you mentioned are inevitable.
jr. member
Activity: 33
Merit: 1
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

Pretty sure it will.. I mean it sure does looks like..
legendary
Activity: 1442
Merit: 1008
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

The possibility is there Bitcoin can reach $5000 because the success of Bitcoin doesn't depend on China. China is only one country who bans bitcoin and Bitcoin is circulating around the world and lots of progressive country do invest as well in bitcoin.
this is what a lot of people worried about . they afraid that without the most bitcoin miner like china the market could crashed to the lowest. and the reality now says different way , it's still survive stable on the previous price when china exchanges, miners etc still onfire. i can't see the big difference here. bitcoin used by a lot of people from different places and that's more powerful rather than china alone.
sr. member
Activity: 336
Merit: 252
We proved the world wrong by bouncing back from 3000$ to 4000$ in a matter of hours. I don't know when we will hit 5k again but we will eventually. I still hold onto my theory that China caused FUD and bought up a lot of bitcoin when it was low. That's why we saw such a good bounce back.
full member
Activity: 138
Merit: 100
Bitcoin Cash will but BTC (segwitcoin) has hit its peak and will head close to $0 over time now.

But how can you be sure of that ?
jr. member
Activity: 60
Merit: 2
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
definitely, bitcoin is indepent of China or any other nation. It will reach even more.
hero member
Activity: 966
Merit: 500
China is not the be-all-end-all of Bitcoin or crypto. Sure, they have money and tat money is currently not being invested which is why we are seeing a slight drop in the price, but at the end of the day the price is so high now that no single factor can influence it that much (except if the US government were to outright ban it, it would be devastating).
full member
Activity: 210
Merit: 100
I think it can reach more than 10.000 without china and maybe much higher. I also think that china can not ban it forever.
full member
Activity: 166
Merit: 100
Yes it is. Today its price already $4000!
member
Activity: 96
Merit: 15
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

The possibility is there Bitcoin can reach $5000 because the success of Bitcoin doesn't depend on China. China is only one country who bans bitcoin and Bitcoin is circulating around the world and lots of progressive country do invest as well in bitcoin.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh

Of course yes. No doubt, China have big players and they can started a trend due to big volume on their exchanges but it doesn't mean they control all things that may happen to bitcoin price. Aside from that, bitcoin is well distributed now so even China will be out of the game, there are remaining nations who can also have bring impact on bitcoin price.

Think positive mate as we have reasons to act like that. Smiley
full member
Activity: 308
Merit: 100
I think it's still very possible, because as we know bitcoin is already very popular.
So the number of investors will continue to increase even without China, just keep calm.. Bitcoin prices will continue to rise.
But for now it still takes some time to stabilize the price of bitcoin.
member
Activity: 255
Merit: 10
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
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