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Topic: China can't bring bitcoin down! - page 2. (Read 1264 times)

full member
Activity: 238
Merit: 102
1st of May
October 05, 2017, 04:38:47 AM
#88
Yeah.. agree 100% with you. Not any country can stop bitcoin.
I know china has big actor to make bitcoin up. But power of bitcoin is bigger than. Success bitcoin
full member
Activity: 476
Merit: 100
October 05, 2017, 04:09:56 AM
#87
Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?Smiley
Obviously, because bitcoin is not controlled by anyone or anything technically. The prices can be influenced but other than that, you can't do anything to bitcoin. You can ban, block the IP addresses of bitcoin related sites using a firewall, but that won't change anything. People who still want to use it, will figure a loophole anyhow and take leverage of it.
Yes it is a main reason because bitcoin is not going to control by anyone and I think when china banned bitcoin it become more stronger with high price and some economically power full countries also accept bitcoin which is a good thing for bitcoin so nothing will happen to bitcoin.
newbie
Activity: 44
Merit: 0
October 04, 2017, 03:08:32 PM
#86
What rubbish! China can't bring bitcoin down. China has no such power and capacity. When china banned bitcoin it effects on bitcoin business. Bitcoin is legalised in many economically strong country, so their is no worry.
sr. member
Activity: 546
Merit: 255
October 04, 2017, 02:48:19 PM
#85
There is no point in saying this now . They got what they were looking for . They just wanted to decrease the prices of Bitcoin so that they can buy bitcoin at a much cheaper rate and then sell.jt when the prices rise and they wre successful in doing so. Jamie also did the same , he called Bitcoin fraud and when the prices Fell he bought like millions of Bitcoins. So they are just manipulating the prices of Bitcoin according to the way they want and we are the ones responsible for it
full member
Activity: 924
Merit: 148
October 04, 2017, 02:43:32 PM
#84
I have been saying this all along. No government in this world can bring down a force like bitcoin. On the other hand, bitcoin is actually becoming one of the primary sources of income for some governments(Currently look at the Zimbabwe situation).
sr. member
Activity: 462
Merit: 250
October 04, 2017, 02:41:31 PM
#83
i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.

China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC.
yes that right that China cannot kill bitcoin, despite that fact that they have good contribution in making bitcoin more popular and stronger, but now bitcoin is becoming more popular throughout the world and therefore i do not think that a single country cannot kill bitcoin. but still i am sure that very soon china will make bitcoin as legal currency again.
hero member
Activity: 2170
Merit: 553
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October 04, 2017, 02:40:42 PM
#82
i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.

China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC.

Yes.Even if China think to abolish the bitcoin from China so,it's not all possible. That much power Bitcoin has .You can see this, bitcoin will replace the entire currency system and dollar. Soon it will replace the bank system too.If you inverse means, you can go head.
legendary
Activity: 2044
Merit: 1008
October 04, 2017, 02:32:58 PM
#81
i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.

China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC.
legendary
Activity: 1218
Merit: 1006
October 04, 2017, 02:31:01 PM
#80
Market turned into bullish after news about possible hard fork spread out, people are just anticipating upcoming fork to be as good as the last one so that they can get easy profit by just holding bitcoin.

But I really doubt on that one, I will rather wait to buy more bitcoin than jumping into it right now.

We might not have any impact on market in future from chinese fud because China is now out of bitcoin trading.  Grin
full member
Activity: 532
Merit: 170
October 04, 2017, 02:18:30 PM
#79
Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?Smiley



the end of china has ended, now we are looking more forward, I'm sure one day anti china and korea will be involved again on bitcoin.
maybe they are right, to prevent false and false ico.

I think now many countries are following to legalize like japan.
legendary
Activity: 2912
Merit: 1068
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October 03, 2017, 11:45:57 AM
#78
China is big country but it's not the only player on the Bitcoin market. The influence of recent issues with exchangers is exaggerated and it wasn't that important as it looked but it caused panic selling. The price has recovered now and in the future the things will also settle in the China.
full member
Activity: 336
Merit: 100
October 03, 2017, 11:40:11 AM
#77
it's true chinese are not able to carry bitcoin down because china is one of the most populous or densely populated country and the average most bitcoin lovers most also in china so that bitcoin keeps going up from day to day and it is unlikely this bitcoin can fall for china area ..
member
Activity: 81
Merit: 10
October 03, 2017, 10:46:06 AM
#76
i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.
full member
Activity: 322
Merit: 100
October 03, 2017, 10:17:09 AM
#75
Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?Smiley

No i know china theres a big rules in bitcoins life but i dont think so if china can take down bitcoin from its growing time its almost a lot of people not only in china doing a bitcoin earning so thats almost imposible to take down bitcoin in one country only
full member
Activity: 140
Merit: 100
October 03, 2017, 08:45:09 AM
#74
Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?Smiley

Of course China alone can't bring bitcoin down. Compare to the number of investors world wide who believe in btc they're just a small percentage. They might have contributed when they aggressively jumped on board and made an impact but I know we can succeed even without their help. In my opinion, China is just playing the power game here and wanted to show their influence but honestly even if they withdrew their support they're not a loss.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 03, 2017, 05:05:46 AM
#73
Even if China bans bitcoin the people will find newer methods to transact bitcoin and obviously use the TOR and darknet to do transactions and keep themselves anonymous. Then again even if they totally stop bitcoin usage they cant really stop the growth of bitcoin. People are not willing to lose their money and hence they sell in panic when they see such news come up. But they must learn the nature of such FUD. It is there only to make then panic and sell while other people will take advantage of the opportunity.
full member
Activity: 462
Merit: 101
BitcoinSN - The Real Bitcoin!!!
October 03, 2017, 04:59:25 AM
#72
Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?Smiley

Yes i completely agree with your statement that no matter how big you are , you could not bring the bitcoin price down. The price of bitcoin is really going up and this is the reason that china's ban couldn't affect the bitcoin prices as they cannot control the demand & supply of bitcoin even after the ban of ico in their country. I cannot confidently say that china was interested to ban those ico and bitcoin exchanges. But instead they are planning to regulate the bitcoin process in their country with some rules and regulation and i hope they will release their own cryptocoin soon.
full member
Activity: 212
Merit: 100
I am a Professional Graphic Designer
October 03, 2017, 04:42:37 AM
#71
It is a large country with huge population. Only 20% people know about it. It is no so caused of worry for them.It is very small compared to people all over the world. Because of China, its impact will not look too much. Please note that its price has increased greatly.
full member
Activity: 266
Merit: 122
October 03, 2017, 04:18:45 AM
#70
Because bitcoin is consider as a global currency if one coutry will not accept or adopt bitcoin they will not change the status of bitcoin in other countries economy in fact because they banned bitcoin in their country it's more likely that the opportunity for other people around the world will increase. So we better not worry about China if they didn't like bitcoin.
full member
Activity: 210
Merit: 108
October 03, 2017, 04:07:15 AM
#69
Definitely yes China does not hold the majority of bitcoin circulating in the market so even if they banned bitcoin transactions still the market can sustain and bitcoin will remain strong. Bitcoin is a global currency so as long as there are many people using it, bitcoin will not die and will surely continue to appreciate as the demand goes higher.
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