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Topic: What do you think about the future of bitcoin? - page 5. (Read 2260 times)

hero member
Activity: 532
Merit: 500
September 18, 2017, 11:00:53 AM
#8
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?
Other countries may try to ban it, but I don't think most countries will.  However, there will probably be a lot more regulation in the future.  If done poorly, it could really hurt bitcoin.  But if it's done correctly, it should help increase bitcoin's value as it becomes a safer asset.  It's also possible that China will eventually allow BTC <=> Yuan trading again with tighter regulation.
hero member
Activity: 1974
Merit: 586
Free Crypto Faucet in Trustdice
September 18, 2017, 08:15:36 AM
#7
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?
I think, when China forbidden of bitcoin transactions, there are still other countries that will accept bitcoin
Bitcoin will still exist even though we cannot predict its value
sr. member
Activity: 1274
Merit: 263
September 18, 2017, 12:15:32 AM
#6
If you ever heard about Russian banning Bitcoin a few years ago,
what is going on with them ?
basically it did not affecting them at all,until now many people from russian still using Bitcoin and buy it or sell it.
for now we might heard something like this from Chinese goverment but tomorrow ?
they will not doing this for nothing,chinese is a leader in economy and because of their statement a major decline happened a few days ago.
but it will not affecting Bitcoin future,because it has a lot room to grow and more importantly it has not being implemented yet by people.
so what is the future ? it's very bright in my opinion,and for chinese people,even though the goverment banning it they still can buy it or sell it or use it off their country.
so nothing to worry about all of this and keep holding
hero member
Activity: 1162
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
September 17, 2017, 10:09:34 PM
#5
I don't think it will be banned it is not something that can really ban it is like trying to ban the internet, a fruitless exercise that will never happen.
China already tries to "control" internet as much as they can by blocking certain services and sites in an effort to control their people.
hero member
Activity: 1106
Merit: 638
September 17, 2017, 10:06:48 PM
#4
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

No. Restrictions in China while there are more adoption based legislation conversations going on in Switzerland and the United States. Bitcoin is global, no one Country can take it down. And these restrictions from China don't even ban a Chinese citizen from owning Bitcoin, they just ban that citizen from using yuan to purchase or sell Bitcoin on an exchange in China.

No where in the legislation does it bank bitcoin transactions. You can send bitcoin to anyone in China and they can send money to you. They just can't cash out in China, in yuan.
hero member
Activity: 490
Merit: 501
September 17, 2017, 10:04:32 PM
#3
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?

China is just a hump in the road for the Bitcoin journey and I am sure that Bitcoin can all survive and even much prosper without the China market though it does not mean that there will be no Chinese holders of Bitcoin as the government in there is not actually banning Bitcoin but the exchanges and the holding of ICO. Chinese are very creative and resourceful people they can soon find ways and means to deal with Bitcoin away from the freaking and creeping eyes of their "rogue" government.

China is just overrated and the market is overreacting to what the effect will the pullout of China from cryptocurrency. China is an important market but it does not mean that without China cryptocurrency can collapse it can even be better since China became the primary source of bad news for Bitcoin...once we kicked them out of the equation we can better move on and grow. Just look at Google, Facebook and Twitter...they are huge business but they do not have any significant presence in China.

The future of Bitcoin remains to be so rosy and all of those spreading FUD about it are the people who are disrupted by the coin...we don't have to listen to people who are angry on Bitcoin. Long live, Bitcoin!
full member
Activity: 210
Merit: 100
September 17, 2017, 10:00:31 PM
#2
The future of bitcoins we can not read. But we have speculations for it that we can compare to what's happening today. Just like stopping China in ICOs and Exchangers. So it can affect bitcoins. But we really expect and almost everyone involved in Bitcoins. Our price will increase and keep hold of bitcoins. Because this is the answer to all our difficulties in life.
newbie
Activity: 4
Merit: 0
September 17, 2017, 09:46:56 PM
#1
Due to the forbidden of bitcoin transactions in China, what do you think about the future of bitcoin? Will it be banned?
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