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Topic: Will Bitcoin Die Because of China? - page 14. (Read 14399 times)

newbie
Activity: 85
Merit: 0
February 13, 2018, 08:22:35 AM
i think no bitcoin will not die because of china. china is not a single country who use bitcoin bitcoin is used in all world it is conformed that the price rises more after a downfall bitcoin price go down for a short time because of china.
full member
Activity: 504
Merit: 107
February 13, 2018, 07:48:09 AM
A big fat NO from me, it's not like they ban the ICO and suddenly the coins are dead. We are playing in a worldwide range, a little dip won't stop the growth and development of bitcoin.
In other hands, there are many countries that already accepted bitcoin either as payments or other uses as well, because they know how helpful the bitcoin is.
full member
Activity: 1162
Merit: 106
February 13, 2018, 07:32:07 AM
I think no, because even if china ban bitcoin their is many countries support bitcoin.China have big effect in terms of bitcoin market but that is not enough bitcoin wil stop or died.
Wth or without china then bitcoin will survive, although there is a lot of news saying that the biggest user of bitcoin is china but i'm sure that without china then bitcoin can survive and will keep running like this.
member
Activity: 348
Merit: 10
February 13, 2018, 07:19:56 AM
I think no, because even if china ban bitcoin their is many countries support bitcoin.China have big effect in terms of bitcoin market but that is not enough bitcoin wil stop or died.
full member
Activity: 305
Merit: 100
February 12, 2018, 11:46:00 AM


I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.

Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.

I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.

Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
it's possible that china can move bitcoin at everything, but nothing is impossible in this world let's see
newbie
Activity: 224
Merit: 0
February 12, 2018, 11:42:00 AM
China can not decide the fate of bitcoin. Although China has prevented organizations from digging bitcoin. Some organizations moved their headquarters across countries to continue their work. Bitcoin prices have risen, according to some bitcoin analysts, which will continue to rise to $ 50,000 in 2018. I expect this to happen. People are patiently holding a bitcoin waiting for prices to rise in the future.
newbie
Activity: 3
Merit: 0
February 12, 2018, 11:25:05 AM
It impossible
BTC will change the world
newbie
Activity: 154
Merit: 0
February 12, 2018, 11:22:29 AM
Probably China can't make bitcoin die alone. I know that China mining leader nowadays but anyway we still have enough hashing power all over the world.
newbie
Activity: 17
Merit: 0
February 12, 2018, 11:21:21 AM
Of course not, lol. THe market will continue to evolve!
newbie
Activity: 98
Merit: 0
February 12, 2018, 11:20:32 AM
İn China Bitcoin is too important. So what happens in China effects bitcoins price.
member
Activity: 266
Merit: 10
February 12, 2018, 11:10:28 AM
It can not be denied that China is a potential bitcoin market. There are also a number of organizations and companies that build bitcoin mining equipment. The ban on e-currency trading, limiting the importance of bitcoin and the crypto market has affected the value of bitcoin. However, I think bitcoin will not die just because of those things from China. Because bitcoin is used and popular all over the world.
jr. member
Activity: 70
Merit: 2
February 12, 2018, 10:30:15 AM
No, the bitcoin will not die only just because of China, because it is not only used by China. But ya China contributes a lot in bitcoin usage which will definitely effect the price of bitcoin.
full member
Activity: 378
Merit: 100
February 12, 2018, 10:23:13 AM
Bitcoin will not die even without china, bitcoin will survive if there are still buy and sell, but now bitcoin does get a lot of pressure so the price goes down. this is probably the hardest test for bitcoin
sr. member
Activity: 644
Merit: 259
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February 12, 2018, 10:09:18 AM
As you say China is a big contributor to the rise and adoption of Bitcoin, it will certainly create a huge impact on the market. But we must know that China is just a contributor and also other countries as well. If one country actually rejects Bitcoin it will have an impact on the market but will not cause Bitcoin's death.
Well since a lot of Bitcoin activity come from China, I'd say that they are a big contributor in the Bitcoin industry. Most of the worlds bitcoin miners are situated in that country.
newbie
Activity: 160
Merit: 0
February 12, 2018, 10:03:31 AM
Btc will be not die bcos of china, many countries still allow btc so many people is still do btc.
member
Activity: 378
Merit: 10
February 12, 2018, 09:56:33 AM
I don't think China is capable of killing bitcoin. Of course with the Chinese bitcoin could grow much faster...but it's still happening 
jr. member
Activity: 132
Merit: 1
February 12, 2018, 09:52:06 AM
I don't think so, yes China maybe one of the biggest contributors of Bitcoin but it is just one of the many countries who has a lot of people using, enjoying and supporting Bitcoin.  Bitcoin is an international thing right now, its very innovative and revolutionary game changer and I am very positive Bitcoin will continue to grow and it will stop at nothing even China. Smiley
full member
Activity: 168
Merit: 101
February 12, 2018, 09:48:27 AM
China won't kill bitcoin, but if bitcoin were to die someday it would be a death by a thousand cuts.  A regulation here, a country ban there, or a better blockchain tech that speeds up transactions.  At any rate bitcoin probably won't die, but may evolve into a completely different form from what we see today.
sr. member
Activity: 1190
Merit: 250
February 12, 2018, 09:37:32 AM


I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.

Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.

I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.

Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?

will bitcoin die because of china? i think no because china is one of the largest players in the Bitcoin market, but this does not mean that Bitcoin will cease to exist if China has decided to ban Bitcoin or discard it. Enough and other countries that will support bitcoin, despite China.

If the China government banned bitcoin then it will not hinder the citizens, I'm sure when the money issue then everyone will do anything (eg go to country that support bitcoin).
newbie
Activity: 42
Merit: 0
February 12, 2018, 09:31:22 AM
I don't think a single country could be the dying factor of bitcoin even if it is the Chinese Market involved.
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