China can't bring bitcoin down! - page 6.

Chachacoin17

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Quote from: andylowe on October 02, 2017, 03:50:06 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?

Yes of course! I agree with you! Bitcoin itself has already rooted into our economy and into the crypto world. It will not easily fall down just because one country. Because Bitcoin is decentralized, no one can control it. Not even the governments. I would say too, bitcoin is unstoppable! Bitcoin shall live longer and will make us richer than before.

Chachacoin17

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Activity: 672

Merit: 250

Quote from: andylowe on October 02, 2017, 03:50:06 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 definitely agree with you mate! Bitcoin itself already had rooted in our economy and cryptocurrency world. It will not easily defeated be cause it is decentralized. No one can control it not even governments. I would say too, Bitcoin is unstoppable! Bitcoin shall live longer!

davey76

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Well, bitcoin is all over the world. Not even a big country can bring the bitcoin down. That's the main thing about bitcoin: no governement will have enough power to control it.

magneto

hero member

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Quote from: andylowe on October 02, 2017, 03:50:06 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?

Even though China is a pretty big part of bitcoin, it is big enough to be bitcoin ITSELF.

As bitcoin is decentralized, even if a country completely bans bitcoin it has absolutely no effect on the rest of the users. Plus, china hasn't actually banned bitcoin. It has banned ICOs and exchanges, that's it. This is why i think people are still buying into bitcoin even though China has done what it has done. They realize now the beauty of bitcoin - the decentralization.

So yeah, i absolutely agree with you. China nor any other country can bring down bitcoin. Nobody can.

pginvest

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Quote from: andylowe on October 02, 2017, 03:50:06 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 is pretty important to world trade no matter which way you look at it, it has somewhere in the region of 15% of the worlds population. For Bitcoin it has many of the miners and it is a powerhouse in many other regards as well, so when it does something drastic to Bitcoin it does have an impact. However, anything China does will not end Bitcoin - remember it is a global thing - the other 85% will still keep it going...

LFC_Bitcoin

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Certainly seems that way buddy, the price is recovering to where it was pre China news. Wouldn't surprise me if it was all some form of manipulation & China unban bitcoin (after the government has bought loads) which would then make the price fly up again.

jseverson

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I don't think China truly meant to bring Bitcoin down. News came out recently that China is about to come out with cruptocurrency regulations. They also clarified that they don't aim to ban cryptocurrencies, but they want to find ways to stop people from using them for money laundering.

That being said, I agree! The initial news did bring us into $3000 range, but Bitcoin weathered that storm pretty well. We're back on track for $5000.

andylowe

full member

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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?

Topic: China can't bring bitcoin down! - page 6. (Read 1331 times)