i think we need to seriously stop thinking about China and x and y. and instead start thinking about how we can change the current market state so that a simple panic can no longer damage the price like this!
so far the exchanges are where price is set and changes with them. and they have small orderbooks. this needs to change. we need more resistance so that price can no longer go up and down like crazy.
if this happens. we may hope for people to stop thinking bitcoin depends on one country and start realizing that a decentralized currency can not belong to or be affected from one country.
Topic: Do we really need to depend on China on cryptocurrency? - page 2. (Read 867 times)
No, because there a lot of country can support the cryptocurrency. Even if China were really to ban bitcoin, people will try to invest in other means specially cryptocurrency is a global trading that cant control by any goverment or country.
no! we dont depends on china. Will China will lose a lot from banning bitcoins .I have read news of bitcoins that " This isn’t “the end of cryptocurrencies in China”. Rather I think it’s the beginning of a more highly regulated market. " and its chances are a lot about 80% that china will start again. let mi share the link with you guys.
http://www.businessinsider.com/bitcoin-price-chinas-crackdown-wont-kill-cryptocurrencies-2017-9
No, because there a lot of country can support the cryptocurrency. Even if China were really to ban bitcoin, people will try to invest in other means specially cryptocurrency is a global trading that cant control by any goverment or country.
China's been a pestilence on Bitcoin. It wouldn't have had the price troughs, centralisation and power struggles if it had stayed a modest player. They've contributed nothing to development. The one time China was removed from the equation it eerily, or rather not eerily at all, went from $1000 to $5000. If the miners go then salvation is complete.
Let them come crawling back in the future once the rest of the world has shown them what's what.
Let them come crawling back in the future once the rest of the world has shown them what's what.
Nah... if Bitcoin loses China it will be put back a few years, but nothing it can't handle in the long run. The world market is big enough without China.
See, China banning Bitcoin mining is one of the worst case scenarios and it would actually improve network decentralization. We'd lose a lot of hashpower, but it wouldn't really matter as there's a lot of old mining rigs just waiting to be re-activated.
Ofc not! if its banned in China maybe the time of mining at our basement would be profitable again even the average joe can earn by mining again.
See, China banning Bitcoin mining is one of the worst case scenarios and it would actually improve network decentralization. We'd lose a lot of hashpower, but it wouldn't really matter as there's a lot of old mining rigs just waiting to be re-activated.
And the difficulty will adjust downwards anyway, so all those old mining rigs will easily cope.
China is just shooting itself in the foot. Bitcoin was one of the few areas where they led rather than followed, in teh devlopment of ASICs etc, and they've just gone and trashed their advantage.
As what the title says, do we really need to depend on China on cryptocurrency? I say no imho.... Look at Facebook and Google. They are both banned in China, and yet they worth billions. I believe that the US alone could bring bitcoins up and hit $5k above.
Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
No, and the fact that this is a kind of a big FUD how many times i already heard about this China banned bitcoins knowing that china is one of the biggest miners of bitcoins how come it will happen to banned and they're are in latest technologies. Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
Many countries also not only china have the right to use bitcoins and even china is oit bitcoins will continue. Just take some dips to get advantage.
Nah... if Bitcoin loses China it will be put back a few years, but nothing it can't handle in the long run. The world market is big enough without China.
See, China banning Bitcoin mining is one of the worst case scenarios and it would actually improve network decentralization. We'd lose a lot of hashpower, but it wouldn't really matter as there's a lot of old mining rigs just waiting to be re-activated.
Ofc not! if its banned in China maybe the time of mining at our basement would be profitable again even the average joe can earn by mining again.
See, China banning Bitcoin mining is one of the worst case scenarios and it would actually improve network decentralization. We'd lose a lot of hashpower, but it wouldn't really matter as there's a lot of old mining rigs just waiting to be re-activated.
Ofc not! if its banned in China maybe the time of mining at our basement would be profitable again even the average joe can earn by mining again.
As what the title says, do we really need to depend on China on cryptocurrency? I say no imho.... Look at Facebook and Google. They are both banned in China, and yet they worth billions. I believe that the US alone could bring bitcoins up and hit $5k above.
Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
Actually No! there's other big countries who adopted well the cryptocurrency and those country could boost up the price of cryptocoins out there. But we can't erase that China has big contribution on this since they are popular but believe me this issue will be silent if days will past and people will recover for China's panic later on these days.
bitcoin is global and it will always remain global. China, US, .... don't matter and should not matter. most people invest in bitcoin because of that. because it is not controlled by one country, or group,...
at the end of the day bitcoin is still the same decentralized cryptocurrency with the same features and it is still with the same limited small cap. and nothing is going to change that.
additionally China never banned bitcoin and there is so little chance that they even want to do something like that based on what I have seen so far. and like last time they closed their exchanges, people will still continue buying bitcoin through other methods.
at the end of the day bitcoin is still the same decentralized cryptocurrency with the same features and it is still with the same limited small cap. and nothing is going to change that.
additionally China never banned bitcoin and there is so little chance that they even want to do something like that based on what I have seen so far. and like last time they closed their exchanges, people will still continue buying bitcoin through other methods.
As what the title says, do we really need to depend on China on cryptocurrency? I say no imho.... Look at Facebook and Google. They are both banned in China, and yet they worth billions. I believe that the US alone could bring bitcoins up and hit $5k above.
Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
Also, I agree with this: https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbc
I just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
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