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Topic: Will Bitcoin Die Because of China? - page 3. (Read 14399 times)

newbie
Activity: 238
Merit: 0
April 11, 2018, 08:43:19 AM
Bitcoin depreciation is not in the hands of a single country. If Bitcoin is losing value, they are taking the money in the market.
The prices are so low because of the big bosses we call whales.
Every country has its own market.
jr. member
Activity: 235
Merit: 1
The Pure Proof-of-Tansaction [POT]
April 11, 2018, 08:37:48 AM
No countries can control bitcoin,it depends upon the people,as long as there are many people who support and uses bitcoin liked us then bitcoin will not die.
full member
Activity: 295
Merit: 104
April 11, 2018, 08:32:11 AM
I think bitcoin will not die by china. Because many large countries use bitcoins. Until now bitcoin is still there and still intact even though the price is currently decreasing, but I'm sure bitcoin still exist and the price will improve again. We don't fear bitcoin die by china, because we have many big country in it.
member
Activity: 406
Merit: 10
April 11, 2018, 08:25:09 AM
Yes, China can influence bitcoin and create certain obstacles for it, but China is only a part of the world. And it is unlikely that he will be able to have such a great impact on the acceptance of cryptocurrency by the rest of the world.
member
Activity: 434
Merit: 10
April 11, 2018, 08:20:17 AM
Although China is a major player on the world stage, I do not think that it can contribute to the disappearance of the cryptocurrency.
newbie
Activity: 46
Merit: 0
April 11, 2018, 06:02:45 AM
Bitcoin would not die even though China decided to ban bitcoin in their country because bitcoin will be alive if there are still investors that will invest on it.
Base on my research, China is the biggest population that is using bitcoin as their financial problem solver.
newbie
Activity: 154
Merit: 0
April 11, 2018, 05:58:26 AM
This is your thinking and fair Bitcoin will die But In My opinion, Bitcoin is Most trusted cryptocurrency at this time that'll not die it's time grow Bitcoin.
hero member
Activity: 2590
Merit: 644
April 11, 2018, 05:17:15 AM
Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
No I don't think so they are capable of doing that. Maybe they can slow the progress of bitcoin but there's no chance that they could stop it. With the help of internet I think bitcointhat will always be there because setting the internet off is the inly way to stop its function. Because of that China has no chance to stop it and they will just get disappointed with their plan.
In fact, China have the chance to stop bitcoin because they are one of the most powerful country in the world and they have a lot of network through different countries so it will be easy for them to influence other countries to stop using bitcoin and banned it like what they did to bitcoin so there is still a threat for bitcoin because of china's influence.
newbie
Activity: 103
Merit: 0
April 06, 2018, 03:20:19 AM
Bitcoin is not dying, any negative news might affect its prices but it will always bounce back up and come back stronger, all it just takes is some time.
sr. member
Activity: 812
Merit: 250
April 06, 2018, 12:05:02 AM
Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
No I don't think so they are capable of doing that. Maybe they can slow the progress of bitcoin but there's no chance that they could stop it. With the help of internet I think bitcointhat will always be there because setting the internet off is the inly way to stop its function. Because of that China has no chance to stop it and they will just get disappointed with their plan.
newbie
Activity: 70
Merit: 0
April 05, 2018, 11:55:30 PM
Bitcoin will not die because of China. China has no longer have the biggest share in bitcoin value, it's now Japan. And other third world countries are now participating in cryptocurrency just to improve themselves financially.

Maybe this is for a while, because China is a developed country with a very rapid economic development. besides, china has a lot of people who are smart in trading field. can also china state banned bitcoin because there is a certain purpose, because many are using bitcoin for transactions.
sr. member
Activity: 630
Merit: 258
April 04, 2018, 11:38:05 AM
Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
member
Activity: 1078
Merit: 12
April 01, 2018, 05:06:56 AM
The majority of bitcoin users today are Japanese, based on a lot of Japanese data holds up to more than 40% of all bitcoin stock, this makes anything that happens with china hence will not have any effect on bitcoin.
member
Activity: 952
Merit: 41
April 01, 2018, 04:52:51 AM
China is the market hub for bitcoin and China host the largest bitcoin mining firm, but in at that bitcoin will still survive without China because China is just a big part in bitcoin but not the whole. China banning bitcoin may affect the market negatively but can never kill the bitcoin market in totality.
sr. member
Activity: 539
Merit: 250
April 01, 2018, 04:51:11 AM
bitcoin is not from China, and China can't do anything about it. Because if they do something bad, they will burst out, which is a pity for China, which is most opposed to bitcoin.
I'm very upset with this bitcoin because I can make money now.
newbie
Activity: 179
Merit: 0
April 01, 2018, 04:44:19 AM
In history of bitcoin china is one of the countries in asia that so many big player get benefit on bitcoin but after the government banned bitcoin in their country it has a big effect on bitcoin industries but as we see even without china's support bitcoin still on top and bitcoin surprise us by surpassing our expectation.


I don't believe that Bitcoin will die because of China. Yes, China is a very big catch in business but there are other countries that still support Bitcoin. Even if Bitcoin is banned in China there are still big countries who invest and buys Bitcoin. As long as there are countries all over the world who support btc it will survive the tight competition in crypto world market.
newbie
Activity: 123
Merit: 0
April 01, 2018, 04:37:22 AM
Hello, I agree with your point of view. The Chinese are indeed very important to promote the development of Bitcoin, but the attitude of the government is different from the people. Looking back at past policies, Bitcoin still exists. At that time, China’s policy came out. After that, the price of Bitcoin dropped in the short term, and then Bitcoin began to rise. The emergence of the policy made the whales obtain more low-cost Bitcoins. The Chinese government helped the whales.
newbie
Activity: 98
Merit: 0
March 31, 2018, 12:19:00 PM
Absolutely not, but I think they make a big impact in crypto world. Most Chinese Investors are business minded and know how to strategize in the market's volatility. They will not let their business go down the drain and will always grab the opportunity to buy low and sell high. Bitcoin is currently on its early stages of development and we may not be able to predict the future but we can always hope for the best to come.
newbie
Activity: 81
Merit: 0
March 30, 2018, 06:27:03 PM
China has a good bit of demand for bitcoin, but it does not just depend on it to survive.
jr. member
Activity: 201
Merit: 1
March 30, 2018, 06:24:10 PM
The news about the ban on the Chinese bitcoin exchange market by the local central bank has the effect of lowering the exchange rate on bitcoin.
Understandably, bitcoin transactions in China are dominant enough to influence global bitcoin markets.
But I think that China is not a major factor for the future of cryptocurrency, bitcoin and other virtual currencies will continue to run even without china.karena already many developed countries that support the development of bitcoin in the United States government. and Japan to set the bitcoin more seriously.
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