Bitcoin never die.Let china banned what ever that relate to Bitcoins. Bitcoins can survive even without china. As we all are aware about one thing that bitcoin is a world wide and no body can control it anyone can use bitcoins so doesn't matter if china banned bitcoin it will never effect on the value of bitcoins. China had banned it the price fall down but bitcoins survive and the price is higher than before
Topic: Will Bitcoin Die Because of China? - page 31. (Read 14415 times)
I don’t really think so. It is true that due to China’s population it helped bitcoin a lot and many of it’s citizen used it. However, Cina is just one country and there still many countries out there that use bitcoin. So, it’s not likely to happen that bitcoin will die.
The influence of china is there and we cannot deny it but at the same time the influence is diminishing as countries like japan begin to adopt bitcoin at a greater speed, while china is doubtful and they are creating barriers to bitcoin the Japanese have decided to adopt bitcoin fully and they are going to get a lot of benefits by taking this decision.
China did some damage but bitcoin quickly recoverd. So bitcoin will not die because of china. China is not the only land in the world there are many other lands in the world.
Today bitcoin is falling because it cannot rise up forever. Something needs to drop a bit.
Today bitcoin is falling because it cannot rise up forever. Something needs to drop a bit.
China will make no difference to Bitcoin, the move there right now to setup their own currency and Crypto banking says they will do what "China" does which is make its own thing to suit itself. Insular countries always do this and no doubt we will see other countries that lack inward trading do exactly the same. But it won't stop Bitcoin because if anything its one of the reasons Bitcoin exists to bypass all this nonsense of centralised control.
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 dont think so, for me maybe not , because bitcoin is worldwide not only on china or in any other country, maybe bitcoin in china will be ban, but in some country maybe not, because bitcoin is the new digital currency, some big compony are using bitcoin not money, its my opinion . thanks
There are still investors that still want to make the bitcoin alive. Even though the china banned bitcoins there are still some countries that make the price grow. Imagine if the china did not ban bitcoin, the price is already $10,000.
Within the period of globalized Internet economy, individual government authorities don't have authority and power to act against a decentralized forex like Bitcoin. Even when The fareast will go out from the game it might get slow the rise of Bitcoin's price, but it will never ruin Bitcoin. All scenario on the world marketplace is displaying us that presently Bitcoin is distributing over the world and wins more and more coronary heart, the situation of China is just like an exception, which doesn't perform the entire tend.
No but sure i effected it a little but i hope oneday china will unblock bitcoin once again
My opinion on this point coincides with most of the answers here, of course China's influence can not be underestimated. But its actions can have only short-term consequences and bitcoin will recover.
No. Bitcoin will not die because of China. As we heard, China banned bitcoin in their country but that assumption that bitcoin will die because China refused to support bitcoin was an exaggerated story. Bitcoin can survive without the help of China. Look at it now, maybe at first, it was really affected when China had just left bitcoin without any say but now it already recovered.
bitcoin will not die even if china banned bitcoin or any country banned bitcoin.
we see now that bitcoin is getting more and more up and despite the many negative issues about bitcoin.
bitcoin remains triumphant and high
we see now that bitcoin is getting more and more up and despite the many negative issues about bitcoin.
bitcoin remains triumphant and high
No brother it did not happened.No doubt that a huge drop was seen in it's price when China banned ICO's and exchanges but it was a temporary effect.Soon the market was recovered and now the price has reached upto 7000$. Bitcoin is decentralized in nature and government has no control over it so statement or action by any government will not effect Bitcoin to that extent that will make Bitcoin to crash.
They own like 40% of total bitcoins. That billions, better regulate it than ban. With ICO it's different though, it was banned for good, need to regulate it first and get rid of all fraudulent 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?
China is only a little piece of Bitcoin infrastructure, so even if they will ban bitcoins, bitcoin will live it's own life
for me either china is a big contributor in bitcoin there is still a lots of country that supporting bitcoin.. as you can see there is a chinese still investing on bitcoin.. because they can do that outside of their country..
Yes, China makes a big contribution to the growth of bitcoin. In recent days this has been a big issue and a controversial talk that China is getting out of bitcoin. Now, growth is promising and surely a small impact is felt upon the growth, but the same within a short started to grow gradually. 
for me either china is a big contributor in bitcoin there is still a lots of country that supporting bitcoin.. as you can see there is a chinese still investing on bitcoin.. because they still want to connect and invest on digital currency because of they see that btc have a future in the market..
There is no way a single country can kill Bitcoin. Despite China previously having the highest volume and also the largest Bitcoin supplier, Bitcoin remains strong and made it back. Some companies even relocate to another country if they feel threatened.
Even if you cut internet in CHINA the difficulty will retarget in 1440 block (normally 15days). But if you kill 70% hash power it'll be like 1months or 2. After that the network will be fluid again. 
China maybe could give some big impact if they SUDDENLY disappear from cryptocurrency world/ not participating again. But, Bitcoin enthusiast itself come from every region in this planet. So, what i thought is. Maybe bitcoin prices will go down in some way, but it will surely regain its prices again. because every single second in this world bring each new bitcoin user. that's what i thought and believe
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