It is not going to die. China will start to accept bitcoin once they really understand its importance. Bitcoin will live
Bitcoin ban in China effects the overall market of bitcoin but you can not say like that it will destroy its future to zero as bitcoin has been controlled in different countries not in a single country so by banning bitcoin in one country you can not make it vanish from the world. 
Topic: Will Bitcoin Die Because of China? - page 15. (Read 14399 times)
It is not going to die. China will start to accept bitcoin once they really understand its importance. Bitcoin will live
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.
I don't think so. Now bitcoin is in circulation around the world. If China bans bitcoin transactions, it will affect the development of bitcoin, but it will not lead to the demise of bitcoin.
I think it will never happen even if china bans the bitcoin in thier country it doesn't mean that bitcoin will end because china is not the only country in this world. we all know that bitcoin now is operating world wide and supported by its different contributors and it never happens that one country lead bitcoin into death.
bitcoin now continues moving forward to success and we are all here to support cryptocurrency.
bitcoin now continues moving forward to success and we are all here to support cryptocurrency.
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?
China is just the part of the world. Although the crypto market has 20-25% of Chinese people, it is not enough to have some negative effect on Bitcoin or even kill it. Bitcoin is globally supported by many people.
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?
China's ban on bitcoins will only affect the price of bitcoin in a short period of time.
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.
I think the biggest problem doesn't come from China goverment , it comes from the South Korea goverment. You can see only one prohibition from South Korea made the crypto market turn into a red bloodbath specially with Bitcoin. It improves to us , the reason why Bitcoin was raising so much is cause of the investion of South Korea investors.
Bitcoin die or rise is depend on market say, i mean supply and demand. China ban on bitcoin ofcourse have big impact on bitcoin supply which is why the price decreased. but the banning from china cant make bitcoin die because of bitcoin limited, so there will have another buyer which is make bitcoin back to his own position.
Ture! As there still huge demand on bitcoin in China, Bitcoin will not die
Bitcoin die or rise is depend on market say, i mean supply and demand. China ban on bitcoin ofcourse have big impact on bitcoin supply which is why the price decreased. but the banning from china cant make bitcoin die because of bitcoin limited, so there will have another buyer which is make bitcoin back to his own position.
However what we have seen up to now is that the leadership of Xi Jinping want to impose more control. Chinese citizens will not be alloweb to export currency and if they want to use bitcoin and cryptocurrencies they will have to escape the governmental control as in other day to day issues. A drop was seen in its price when China banned ICO's and exchanges but now price is very high .So we can say Bitcoin will not die because of China .
Yes they may be big contributors. Lots of mining farms. They will affect the market but it won't make the bitcoin go away. I think when the Chinese government does a certain policy that harms bitcoin. of course it will impact on bitcoin market directly. look at some time ago when the Chinese government banned ico and exchange in their country and then the bitcoin price dropped dramatically.
Bitcoin will not die, even if China bans exchanges. But many other countries also use bitcoin or cryptocurrency.
Compared with China, there are many markets from other countries.
Compared with China, there are many markets from other countries.
it could make bitcoin prices dropped dramatically, but we can see that the current bitcoin prices are back high. hopefully there is no longer a country that follows in China's footsteps in its decision to bitcoin. I dont think China banning mining any time so btc prices will rise in the future.
The Chinese government has been so long determined with its prohibitions that few people pay attention to it. China or any other country can’t able to control bitcoin by doing some crooks thing . Finally bitcoin not becomes to any authority or country it’s peoples money.
we might see bitcoin benefit from this as the Chinese users are given legal access to bitcoin on safe, regulated exchanges. however, imagine if the ban was lifted, but it was mandatory that all citizens disclose their used addresses and transactions. people might not even bother with bitcoin at that point, and would limit usage by billions of people residing in China.Yeah they are a big contributor to improve the bitcoin industry but it doesn't mean that its the end of bitcoin if the china bans it on their region. Maybe the China is making some regulations or laws on how their people use it on their country.
I think bitcoin will not die without China. Because now many countries that support bitcoin and other altcoin. If bitcoin without China is likely to only reduce the price of bitcoin in a relatively short time.It may be considered as a factor but there are many countries who support bitcoin usage and implementation. China may be the biggest country that contains numerous investors of bitcoins but a single country cannot defeat multiple countries who maximize the potential of bitcoins.
Definitly no,that bitcoin will die because of china,because they are only one nation compared to us,with companion of other country who apply bitcoin.actualy china will use bitcoin in the process of mining only ,while other ways Iike ICO,trading etc,they totaly band . Already now, the growth of the Crypto currency begins, as before, despite this news. So catch the moment, invest in a long time and participate in bounty companies.
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?
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