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Topic: Will Bitcoin Die Because of China? - page 26. (Read 14399 times)

full member
Activity: 168
Merit: 100
November 26, 2017, 06:04:26 AM
Bitcoin won't die but its value will be greatly affected by China.
member
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The Experience Layer of the Decentralized Internet
November 26, 2017, 06:03:06 AM
Now, without China's bitcoin, it not only breaks the new heights, but the price is several times higher than before, so it is obviously a good thing to be Chinese.
full member
Activity: 308
Merit: 100
November 26, 2017, 05:56:48 AM
cryptocurrencies world will have some loss damage from china withdrawal from cryptocurrencies world. the loss itself i believe will regain itself by the demands from other countries. just need time to heal i guess  Smiley
member
Activity: 260
Merit: 15
November 26, 2017, 05:51:12 AM
Though banning of Bitcoin in China is bit of shocking for Bitcoin users, but these seem to have a reversed impact on Bitcoin. Price of Bitcoin has not only skyrocketed but more investment have been seen after China ban on Bitcoin. Use of Bitcoin is also at all-time high, be it for investment in Bitcoin or purchase of ICO’s and other altcoins.
newbie
Activity: 36
Merit: 0
November 26, 2017, 04:01:57 AM
That isn't possible. Even if China prohibits a bit coin, that doesn't disappear.
full member
Activity: 339
Merit: 120
November 26, 2017, 03:56:59 AM
I agree to you big NO . even china bans btc theres so many way chinese people invest in btc we all know chinese if there is a big opportunity they always there they find a way to connect in btc.

Definitely true, and the value of bitcoin is the living proof of it. Bitcoin has been successful without the hwlp of China, eveb though they were one of the most influential country who contributes million dollars maybe in bitcoin it is a huge loss for us, that bitcoin decreased its 25% of its value That time.
P60
full member
Activity: 378
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Decentralized Digital Billboards
November 26, 2017, 03:49:51 AM
I admit that china has a big influence in the development of bitcoin, but china can not just turn off bitcoin. And whoever it will not be able to turn off bitcoin, because the network is very wide.
I agree with you, I don't think one country can make the Bitcoin die though China is really powerful but still, Bitcoin is getting stronger and popular now. Also, Bitcoin is slowly getting use by many countries as of the moment; the trust is already and some people already depended on it.
full member
Activity: 392
Merit: 100
November 26, 2017, 03:43:57 AM
I dont think bitcoin will die because of china, bitcoin is geting more stronger and strongern even without china, and the bitcoin price right now 9000USD, even without china bitcoin can always be the best cryptocurrency and bitcoin is traggeting 10,000USD before this years will end and they can do this even without china.
full member
Activity: 445
Merit: 100
November 26, 2017, 03:42:41 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?
The issue with China is already done and Bitcoin proved that it will still continue to develop with or without the presence of China. The moment China left Bitcoin, its market value increased way too fast from a value of 4400 USD, it is now priced at more than 9000 USD. And with that, Bitcoin prived that it won"t die just because of China.
full member
Activity: 244
Merit: 100
November 26, 2017, 03:39:49 AM
China issue is very sad news for every single Bitcoin lover.Because bitcoin is not only digital currency,we are treat BTC is valuable asset for future life.But i think some effect in BTC for china but don't panic.BTC day by day going to very strong.
sr. member
Activity: 630
Merit: 256
CryptoTalk.Org - Get Paid for every Post!
November 26, 2017, 03:38:17 AM
No way, bitcoin will die by no one. Chines ban or regulation has shocked bitcoin users all over the world because China was the biggest trader as well as miner of bitcoins. Chines ban shacked bitcoin market, panicked user sold bitcoins as a result its price has fallen sharply 20%. But this fall lasts no long and bitcoin spiked in upward direction creating a new high of $8000. Even Indonesia, Australia, Japan tried to regulate bitcoin, but these news also created any effect on bitcoin price. Its rising price is attracting more and more users.
full member
Activity: 275
Merit: 100
SOKOS.io
November 26, 2017, 03:37:41 AM
It is obviously yes, bitcoin already survived without China and it is only the Chinese people who can't use bitcoin, yet, bitcoin is worldwide there are so many users and it is still growing.
hero member
Activity: 1134
Merit: 502
November 26, 2017, 03:31:48 AM
I don't think Bitcoin will die because of China, one main reason why is because Bitcoin was not created because of China and there are lots of Countries beside china that has access to Bitcoin. Whatever happens in Bitcoin in China, Bitcoin will still continue because they are not the only user of Bitcoin. There will be impact in the price at first but it will not go on forever.
full member
Activity: 322
Merit: 100
November 26, 2017, 03:28:10 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?

No they will not as a matter of fact they even grow more without china. Look at the value of the bitcoins today another record high for them even without china. Yes they fall when china bans all those cryptocurrency but the can recover with it with just a month after. And besides china is not the only one country that uses bitcoins or that have users and investors of bitcoins. Bitcoin users and investors and enthusiasts are scattered all around the world so even without china bitcoi ns can easily reciver if we do no give up on them.
sr. member
Activity: 1176
Merit: 301
November 26, 2017, 03:22:38 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?

I highly doubt that bitcoin will just die because of China. It is true that the population in that country is quite enormous, thereby increasing the probability of bitcoin users. Still, there are a lot of countries which are big such as Russia and the US, so there are still a lot of people that are potential users of bitcoin.
hero member
Activity: 2744
Merit: 541
Campaign Management?"Hhampuz" is the Man
November 26, 2017, 03:20:27 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?
what chine stands for the cryptoworld specially bitcoin?china banned the bitcoin but still were here crypto still on circulation.why not just forget that country?why not go on your own way and let the market grows even with or without china
sr. member
Activity: 588
Merit: 251
November 26, 2017, 03:03:46 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?

As bitcoin goes on with the long run, bitcoin will surpass these rules made by China, because of the people who are investing into it and there are alot of users today. China has a big effect on the bitcoin economic system and whatever they do affects the blockchain, but cannot stop the use of bitcoin.
full member
Activity: 308
Merit: 100
November 24, 2017, 06:37:06 PM
china bans the btc because if its population becomes rich they will not have cheap labor anymore as well as control over huge society. Even if it bans the btc there will be market for it in any case.
newbie
Activity: 8
Merit: 0
November 24, 2017, 06:31:07 PM
China's banned BTC and all sorts of cryptocurrencies may be temporary, to appease de companies and hardcore communist members in front of the upcoming Communist Celebration conventionChina's big government and banks cannot tolerate Bitcoin. It intends their lifestyle, because it was once designed in a piece right here that's in the long term, although, when BTC can switch the yuan in everyday transactions, so that as a fiscal asset.iworldw
sr. member
Activity: 699
Merit: 438
November 24, 2017, 11:16:25 AM
Even though china is the best place for copying the ideas of other. Still they are not a threat in the journey of bitcoin and will not obsolete in future. No matter what other companies do the bitcoin’s good foundation and principle makes them unique from everybody. The increasing of value of bitcoins in the market gives them more confidence and perseverance to work hard for the success of the company. The experience their go through is the company’s strength  to become unbeatable and unstoppable in electronic banking industry.
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