Topic: Will Bitcoin Die Because of China? - page 39. (Read 14399 times)
Now, bitcoin and other crypto-currencies in general hardly react to news from China. The Chinese government has been so long determined with its prohibitions that few people pay attention to it. Recently, bitcoin began to grow rapidly in the course and to date its rate is 5 202 dollars. So high it was not raised yet. Forecast its growth in the spring of 2018 to $ 10,000. I think that this is quite possible.
no. the news about china is. 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 think the future of bitcoin will not be too affected by the ban that occurred in china. Bitcoin will not die because the rest of the world is familiar with bitcoin, although the effect of the ban makes the bitcoin owner's decline by 20%, making the price now slightly lower than usual but there are still many countries that allow the use of bitcoin transactions and supported by some of the world's largest and well-known companies receive transactions using bitcoin. all just waiting for the time just so that the bitcoin price back interesting so that makes a lot of investors who re-invest in it
Maybe not just because of china, the bitcoin industry is going to die. there are bad news spread that bitcoin will be banished in china. And decrease the price of bitcoin does not mean that the bitcoin industry will die.
I think it's impossible, china can turn off bitcoin, we can see lately where the market goes and the price of bitcoin that increasingly ease, it was then china became the largest in terms of investors and exchange at that time, and the government made a policy which forbids bitcoin in his country, at that time bitcoin has declined due to policies made by his government, causing a mass panic among bitcoin holders in China who sell their bitcoin simultaneously, and causing bitcoin prices to fall, but it is now clear how bitcoin can survive from it all and show its performance, the price back and become more increased compared with its before
I don't believe that Bitcoin will die because of china because china was not the only country that has a lot of Bitcoin users. It will have an impact with the price of Bitcoin for a duration of time but eventually price will go up again without the users in China.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
As I can remember, few threads like these began to pop few months ago. Many have said that it will not affect. And I for one will be standing with them on the NO side. Bitcoin's popularity is gaining momentum not just in Asia but in other parts of the globe. China is just one country and I am pretty sure that there are more countries that are even legalizing bitcoin for their own. So I guess that covers up the loss that China has made. China pulling out ICO made an impact but it was just a little while. But look at the prices now. It remained same as before.
I bet no, china is only known by its huge amount of investors and exchanges but it doest mean that when china rejected bitcoin operations on thier country bitcoin will also follow and resulting to slowly taking the life of bitcoin, which i think is impossible. Bitcoin will stay strong even though reject it.
China ico market is already dead since last month and we are still heading towards 5k USD which clearly shows no region is a key player in this decentralized network.
If it's true that china will also ban bitcoin, what will happen with those miners on china? As I know, china has a lot of bitcoin miners than another country. I dont think they will just sit around watching their goverment ban their gold mine.
I think it's Big NO, because china was also one of the country will definitely Patronized and also benefits the huge profit of Bitcoin in fact because of the big supply of their electricity they have capable to mine of many bit coin. The Chinese mind set is to obtain always profit every minute even the small amount of money that's the culture of Chinese government not to crackdown of any kind of business like this. The one who Die of Bitcoin is the System itself that's only my opinion.
No, even we all had been affected by China news, that were manipulated to damage the crypto world, bitcoin is too powerful to depend from a single countrie, sure China has a huge influence into bitcoin, since big mining companies are located there as well big investors, but we sent a message to them, we arent alive just because of you, we are stronger to keep alive without you.
No... if austrailia and also amazon accept btc it will raise in the end of the year
Bitcoin is recovering fast after Chinese news. BTC = 4850$ again 
No bitcoin is more stronger than one government stopped it only thing they can make price Down for many Days like china do but can’T die it forever
I don't think so, China will never effect bitcoin there was minor effect recently days but bitcoin overcame Chinese threat soon.
So now we have btc value near about 4900 USD, So we don't need to worry about china.
So now we have btc value near about 4900 USD, So we don't need to worry about china.
no it never happen, look now bitcoin now slowly increased it price, it will be $6000 on next month i think and right now people in my class ask me about bicoin, its means that bitcoin become populer than before, and hope this situations make bitocoin rate increased
Definitely not! China has no control over Bitcoin. Yes they have the highest number of Bitcoin transactions but Bitcoij is now becoming more popular on other countries. Some big time celebreties are also very vocal on showing their crypto related investments. Even though China banned the ICO, Bitcoin and other altcoin are already recovering from it.
No country in the world than can kill bitcoin because it is decentralized, meaning it is the currency by the people for the people - if you know what I mean. Bitcoin will survive China and any other country that follow the same way of China. Bitcoin provide freedom to the people that is why people love it more than any currency out there. Bitcoin provide more privacy and security to the people, and with banks that is just a myth because banks gives no privacy, either freedom too.
Bitcoin won't die, before this happen an improvement will be chosen to be implemented. Look at the moment it cost more than 1btc=4800$
Why do people think too much about china? rest assured all will be normal with or without china, besides chinese users also will not easy to leave bitcoin, they will keep keep because bitcoin can be keep in web wallet.
People think about China because they have great influence on bitcoin. Two reasons one is that there are lot of bitcoin miners because of cheap electricity and the second is China has covered almost all the markets in the world. They have a mass production scale in the markets. Because of the strong economy and hold over the market, their affect is not forgettable. But it will not cause of death of bitcoin.
Although China is the biggest contributor to increased bitcoin adoption, I do not think bitcoin will die without China. My reason is because at this time some countries have started legalizing bitcoin, and that will stabilize bitcoin.
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