China can't bring bitcoin down! - page 5.

Denies

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

china might take steps to re-engage, although that's just my guess.

but true china is no longer a problem for bitcoin.

supto005

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

Well, I agree with you. But after ban Bitcoin at China It has been little bit effecting at Bitcoin. However, Now Bitcoin Back to the previous place. So,we can say that China can't Bring down Bitcoin.

MelisaMoris

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Quote from: Adbitco on October 02, 2017, 06:20:44 AM

First of all apparently no country whether it's China or South Korea or any other country is not against bitcoin but it's the misuse of it which almost all the countries are scared of. Secondly I don't think that news like China ico ban and South Korea planning to do the same can have any bad effect on bitcoin for long. There are many more countries which still admire and like the idea of bitcoin and hence the bitcoin community is growing daily and therefore neither China or any other country alone can cause bitcoin to disappear from the world.

recently, China has such an impact...

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

Once China able use bitcoin once again, the value will be greater more and more !
As for now more people interest on bitcoin so it's reasonable to see bitcoin keep increase all the time until it reach the limit

olubams

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

I agree with you but the issue about China is that we really don't know their intention and we cannot not say emphatically if they can stop bitcoin or not in the sense that, the recent crash that was witnessed is something attached to China but they never came with an official statement of the ban but while everything was being speculative. Until when we are sure of their intentions towards bitcoin, we can then rightly conclude the right position to take.

Pasnik

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Quote from: p0wrnflakes on October 02, 2017, 10:17:36 AM

Bitcoin proves again that in dark times, as long as you HODL, bitcoin will go up again.
Luckily they didn't ban mining tho

It has proven that bitcoin is becoming popular and stronger. Even with the news/fud about CHINA bitcoin is still recovering its price. It cannot bring down bitcoin this means there are many users already for bitcoin.

kidoseagle0312

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

That's right, China can't bring bitcoin down, as long as bitcoin is decentralized even how many times they will attempt to dump it, of course they wouldn't succeed against bitcoin of course.

p0wrnflakes

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Bitcoin proves again that in dark times, as long as you HODL, bitcoin will go up again.
Luckily they didn't ban mining tho

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

There's no more excuse for that, they've closed all bitcoin exchangers. certainly no more bitcoin transactions in china maybe they can still support the growth of crypto currency because they do not prohibit bitcoin mining.

DoublerHunter

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Even though the China is the earliest country that mine and adopted bitcoin they still ban it but it is a proof for us bitcoin enthusiasts or users that there is nothing can stop bitcoin even the early bird country; china. Bitcoin can still walk by its own without the help of chinese people and i think that once the progress of bitcoin will become better and better then it will be a regret for china for banning bitcoin and they might take back the decision and accept bitcoin again.

Adbitco

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First of all apparently no country whether it's China or South Korea or any other country is not against bitcoin but it's the misuse of it which almost all the countries are scared of. Secondly I don't think that news like China ico ban and South Korea planning to do the same can have any bad effect on bitcoin for long. There are many more countries which still admire and like the idea of bitcoin and hence the bitcoin community is growing daily and therefore neither China or any other country alone can cause bitcoin to disappear from the world.

faithupgrade

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Its indeed a heaven gift that Chinese people dropped their btc due to ico bans ,so we are enjoying the fear of huge btc dumps. China is no longer the world's most btc holder.

Mysterious01

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

They are not the only user of bitcoin therefore even China is a big Country they can't bring bitcoin down to its knees.
If small countries will unite in using bitcoins they will become bigger than China.

yugyug

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China can stop their citizen from mining, China can stop their citizen from bitcoin trading, but China can't stop the Bitcoin from running around the globe, as we all know that it circulating supply of bitcoin today has almost reach to 80 percent of it maximum supply to 20 million approximately 16 million had mined to this date. No countries or government can bring down the bitcoin , it is like flowing in the blood of internet , this is where the lifeline of the bitcoin holds. The blockchain supports, the investors and the miners would not allow the bitcoin to bring it down as its infrascture investment was high, that's billion dollar of investment in total and that's too big to take down.Unless the bitcoin was as small as some newbie altcoins, where small investments can able to handle the losses.

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

In the first place, why think that China have a purpose to bring down bitcoin? China's movement , actions , policies and future doings can give an impact on the bitcoin price movement whether by going up or down and we seen that many times. But in the end what happen? Just a few period of resistance and correction period then the price will set up again another journey upwards.

Just relax and just go with the flow since that's all we can do. If you are positive about the outcome of the bitcoin then no bad news can break your spirit.

iamTom123

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

This is what I have been saying all along. While we would welcome China back if ever the government would decide to lift the ban, it should be noted that Bitcoin can all survive and prosper even without the presence of China. Though it is indeed a very big market with lots of potential underutilized, Bitcoin can even be better without China as it can be a big source of big headaches anytime.

China is a different country with a different kind of mind-set which many of us can find hard to fathom. This can be the reason why we have so many ideas, opinions and speculations even up to now. Anyway, all of the things that transpired were now water under the bridge. Let's finally move on...without China!

Long live, Bitcoin!

Bilbo Baggins

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China has a big influence on bitcoin, next time they decide to sneeze, there will be another significant drop in bitcoin's value.

Luckily the effects never last for too long

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

I think even China will not hinder the growth of the currency
will be back soon to 5000

Periodik

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

Not sure. FYI China is back just with a new set of rules on their exchanges. China will be influential again in crypto but for now the news means Chinese will be bullish again on crypto.

DainSLane

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Quote from: andylowe on October 02, 2017, 04:50:06 AM

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?

At first i thought because of china bitcoin is going back to the very low price but now without china its back again to $4000 price i hope it will continue,well bitcoin still use by many people all over the world that's why bitcoin is now going up

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