But Bitcoin needs Chinese players & We also need Bitcoin .
Topic: Why is China so important for Bitcoin? - page 2. (Read 7148 times)
Actually ，Bitcoin does not need Chinese gov's approval & so does US gov
But Bitcoin needs Chinese players & We also need Bitcoin .
But Bitcoin needs Chinese players & We also need Bitcoin .
The more people who use a specific type of money, the more useful it becomes.
There are 7.13 billion people on the planet with 1.35 billion of them being Chinese.
Does Bitcoin need Chinese adoption in order to continue to function in other places? No.
Would Chinese adoption of Bitcoin make it more useful for everyone? Yes.
There are 7.13 billion people on the planet with 1.35 billion of them being Chinese.
Does Bitcoin need Chinese adoption in order to continue to function in other places? No.
Would Chinese adoption of Bitcoin make it more useful for everyone? Yes.
China will adopt BTC in one way or another. In one year or another.
The truth - and this will become apparent in time - is that China needs Bitcoin, not the other way around.
This will happen in due time. Not yet, not in 2014 but it will. We just have to be patient. The price will slowly recover to China levels without China. The levels will continue to rise. Then when China jumps back on, the price will skyrocket like before.
The truth - and this will become apparent in time - is that China needs Bitcoin, not the other way around.
Yes, this is true. China will come back to BTC and lift the ban.
because they're most populated country on earth
China is important for Bitcoin.
However, Bitcoin is more important to China. Simply because it's an easy way to get money out of China with their strict laws. They buy art, property, etc to get money out of the country so Bitcoin is easier additional avenue for them.
However, Bitcoin is more important to China. Simply because it's an easy way to get money out of China with their strict laws. They buy art, property, etc to get money out of the country so Bitcoin is easier additional avenue for them.
Cmon now guys. Who is stupid enough to say that 1.3b people are not important?!! Are you plan and simple crazy? On crack?!
Of course China is important. But not in "it will kill BTC" way. China adopting BTC would speed up (by huge amount of time) adoption of BTC and price ofc, but they can not kill it, just slow it down. BTC can survive easy w/o 1 single Chineese touching it, but it can flourish if for example whole china accepts it.
Of course China is important. But not in "it will kill BTC" way. China adopting BTC would speed up (by huge amount of time) adoption of BTC and price ofc, but they can not kill it, just slow it down. BTC can survive easy w/o 1 single Chineese touching it, but it can flourish if for example whole china accepts it.
Personally I think it's more a matter of the peoples mindset. The Chinese seem to have the concept of savings down to an art form. I wouldn't be at all surprised if the government of China itself had a fairly large stash of coin's tucked away somewhere.
*Though I don't think Chinese adoption is critical to bitcoin I know it would certainly speed things along considerably.
*Though I don't think Chinese adoption is critical to bitcoin I know it would certainly speed things along considerably.
Quesion is not good. Coz its made like that so it sounds like China is important for bitcoin but , in reality its not. So it should been like this.
Is China important to bitcoin. And simple answer would be . NO 1
Is China important to bitcoin. And simple answer would be . NO 1
I tend to disagree. When all the western exchanges stop following Huobi and Okcoin like lap dogs, I'll entertain the idea. At least to speculators, China is very important, clearly. And for the network -- don't you think a country of 1.351 billion could be of significant value?
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
wait, who actually thinks china is going to save the world economy?
i personally just think that china believes it is at the center of the world, that it is supposed to be the #1 superpower of the world. they have the hunger of a honey badger, which is why it would help bitcoin along so much if the government DID accept it.
http://www.forbes.com/sites/gordonchang/2013/07/14/biggest-fib-of-the-year-china-gdp-grows-7-5-in-q2/
yeah it's interesting to see how that all folds out.. they are artificially building towns. who in their right mind would want to invest in the real estate market there?
If you need to ask this question then that tell me you did not pay attention in school.
Quesion is not good. Coz its made like that so it sounds like China is important for bitcoin but , in reality its not. So it should been like this.
Is China important to bitcoin. And simple answer would be . NO 1
If you need to ask this question then that tell me you did not pay attention in school.
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
LOL
they love to gamble and lose their shirt. Casinos and gambling places everywhere are fraught with uppity chinese who thought they were smarter than the house.
No one is easier to manipulate and dominate than someone who thinks themselves clever, and everyone likes to feel clever.
Especially the stupid ones.
to be fair, the chinese and vietnamese are both really good gamblers overall.
Ask people in casinos if they are really 'good gamblers' or just putting up air. They will tell you very frankly they suck ass.
Communists in China. Not only is there the money restrictions, as other users have pointed out, but there's a small statistical likelihood that some Maoist could get into power and decree anyone with more than $10K in the bank will be shot.
Rich Chinese for decades have been stashing their fortunes abroad.
Rich Chinese for decades have been stashing their fortunes abroad.
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
LOL
they love to gamble and lose their shirt. Casinos and gambling places everywhere are fraught with uppity chinese who thought they were smarter than the house.
No one is easier to manipulate and dominate than someone who thinks themselves clever, and everyone likes to feel clever.
Especially the stupid ones.
to be fair, the chinese and vietnamese are both really good gamblers overall.
any country with many people is important for bitcoin
adoption matters, it will make Bitcoin more usefull so more valuable
i can't wait to buy food/drinks with bitcoin everyday
adoption matters, it will make Bitcoin more usefull so more valuable
i can't wait to buy food/drinks with bitcoin everyday
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
wait, who actually thinks china is going to save the world economy?
i personally just think that china believes it is at the center of the world, that it is supposed to be the #1 superpower of the world. they have the hunger of a honey badger, which is why it would help bitcoin along so much if the government DID accept it.
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
LOL
they love to gamble and lose their shirt. Casinos and gambling places everywhere are fraught with uppity chinese who thought they were smarter than the house.
No one is easier to manipulate and dominate than someone who thinks themselves clever, and everyone likes to feel clever.
Especially the stupid ones.
Have you guys been on fiatleak. Most trading occurs in China, not USA. I should of said China dominates bitcoin trading by 4 to 1
Using fiatleak for any serious analysis of bitcoin trading is like using farmville to research productivity of crops.
AHAHAHHA:... I CANT STOP LAUGHING
ROFL .U made my day with that post , its so good analogy that its brutal
Fiatleak is based on ... Um is it based on something ? Or just pure bs ?
It takes data the exchanges publish.
So if i do a transaction in yen it will show like somebody in Japan is buying which is totally false.
Also , I don't really want to open again the subject on huobi okcoin and their already proven fake volume and fake trades that are actually never executed.
There are plenty of articles on this already.
Considering so many feel that China is going to save the world economy it is not surprising that so many feel it is detrimental to Bitcoin's success.
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
There are many reasons for this but some of the biggest are 1) Huge population 2) Restrictive government so lots of people are looking for places to stash money and 3) The Chinese people are known to love a good speculation
Jump to: