Topic: End of Dragon Era? (Read 1322 times)
China is one of the biggest contributor of BTC, especially in terms of mining power. We all know they have cutting edge technology plus the cheap supplies. But it doesn't mean its the end of dragon era if they ever be stopped or profibited from doing so. As i said they are just 1 of the biggest contributor. There are still a lot of countries to count.
it is true more bitcoiner are anxious about the china prohibited for bitcoin trade the esteem plunge down a week ago very nearly 3500$ in light of the fact that individuals stun the dicision of china bitcoin restricted and the general population freezing, up to this point the choice of china still stand prohibited the bitcoin, however beginning this week even have restricted for bitcoin gradually go rising again the estimation of bitcoin, so i won't say its end of dragon era or what ever term its given.
although it is the end of dragon era, there will be the next dragon from Asia that is trying to be the leader and it shows with Japan that trying to compete with China. but the bitcoin will still exist no matter who is the dragon because bitcoin is not just for one or two countries, but bitcoin is for all country and all people in all places.
Yes, this could be the end of the era of the dragon, but that does not mean bitcoin will end, bitcoin at this time is better when viewed from the side of price movements, because at this time bitcoin prices are not too fluctuating.
At this times, the price of Bitcoin has also dropped sharply! But I always believe that Bitcoin and altcoin will increase price in the near future! The ban on the use of governments and organizations is purely bearish, but I believe the market will recover soon!
who do you think China is lol, they are not that powerful enough to be so called "ending an era". not a chance, though sometimes they affect the market but ending an ear of bitcoin is something bigger.
I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.
I think that you are absolutely right. Even if you buy Bitcoins for the prices of today, in future (if you do not sell your cryptocurrency) you will get the biggest profit. BTC will be gaining, naturally.
I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.
The Chinese government does not remain silent, where China will act with the existing decentralized currency and what will result from such an event. If all that the ban imposed and the restrictions on the expected results do not carry and the Chinese government has to cancel it for the economic benefit of the government itself. 
Really happy news that the era of the Dragon Age will end forever and disappear. It will be good for all of us. Samurai era will be much better than the Dragon Age. Bitcoin entered the world and many countries recognized it. As a result, all problems will disappear over time.
Not yet, and currently Bitcoin prices continue to rise. If you want to buy and invest Bitcoin I suggest that you immediately buy it. many people predict the price of this bitcoin will continue to rise, and you will benefit greatly if you can buy it now!
The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.
As far as I know, China did not ban bitcoin. Why is it mining and also the use of Bitcoin and other cryptocurrencies were legal? What I know is that China only prohibits banks from dealing Bitcoin so as to make it harder for anyone to use cryptocurrency as a tool to smuggle-out China's wealth.
The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.
How could it be? China is a second strongest economy in the world. They will always have a say.
However, the question is whether the community will stop overreacting to FUD coming mostly from China. Probably not. However, they advanced the most in the sense of regulation and we can expect more of that news from other countries from in the future and hence the attention could shift a bit.
But again - regulation is a good thing. Regulation is not prohibition. I will repeat this another 100 times if I have to.
However, the question is whether the community will stop overreacting to FUD coming mostly from China. Probably not. However, they advanced the most in the sense of regulation and we can expect more of that news from other countries from in the future and hence the attention could shift a bit.
But again - regulation is a good thing. Regulation is not prohibition. I will repeat this another 100 times if I have to.
So far, no country has been able to stop the rise of bitcoin.
Bitcoin is still at a very low price in the long run.
Bitcoin is still at a very low price in the long run.
Besides all that happened, Bitcoin mining is still going strong in China. It has been 7 months since this announcement has been made and we still right where we were back then. They even promised to produce and sell PC-ready ASIC mining cards to consumers. 
Meanwhile Bitmain is still going strong. https://twitter.com/bitmaintech/status/981169456411021312?lang=en So, Do you still think anyone can catch up to them?
Meanwhile Bitmain is still going strong. https://twitter.com/bitmaintech/status/981169456411021312?lang=en So, Do you still think anyone can catch up to them?
Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.
So,would it be correct to term this as end of dragon era in bitcoin?
I think your prediction was wrong. Bitcoin has been pumped up to $ 9k2 at the present time.So,would it be correct to term this as end of dragon era in bitcoin?
I think you should not be too pessimistic about the future of bitcoin. Because there are so many billionaires, financial economists have confirmed that bitcoin will be the most valuable currency in the world in 2022. Bitcoin has really helped a lot of businesses. So bitcoin deserves to be the world's great coin.
I think China is not fully banned Bitcoin, because Bitocean is from china and the founder is chinese and written to their goals is to make china use Bitcoin that is strictly following the law. So maybe they don't want the people to freely use Bitcoin because they're country is very strict in military and laws. The Bitocean is a company that's makes Bitcoin 2 way ATM that you can buy and sell Bitcoin anytime anywhere in they're ATM.
Despite China's ban on ico, the transaction of digital cryptocurrency currency continues!
And there are more and more investors in China's digital cryptographic currency!
Maybe at some point China will open up its digital encryption policy!
And there are more and more investors in China's digital cryptographic currency!
Maybe at some point China will open up its digital encryption policy!
Soon China will be surpassed by Japan and other European countries. With the banning of cryptocurrency at China some miners have already stopped mining. Others have transferred mining locations and are now mining on other countries and others have mined in secret. If China will still not release this ban then soon mining in China will deteriorate until it will die out.
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