Topic: Will Bitcoin Die Because of China? - page 43. (Read 14399 times)
I think no. And you can see why at bitcoin's price (it continues to rise). I also believe that Chinese will still find a way to invest in cryptocurrency by inventing a new technology (even if it is illegal)
Definitely bitcoin will not die because of China. We have seen this before. China had some effect on the crypto market but then what happened? it all came back to the same level when effect happened. So no worries about China.
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 because there are still many other countries that allow and use bitcoins but many investors come from China.
No they baned bitcoin in china not doesnt mean it will die all around the world. There are many country that they used bitcoin so i think it will not die because of china
I don't think it will be a great effect to bitcoin, yes we have seen the price of bitcoin dumps a little but after some time, the price regains. It may be shocking that China banned bitcoin because there are a lot of people who uses and China is one of the largest miners of bitcoin, still many wants to hold bitcoin and earn some through time so I think it will not be a great deal to bitcoin.
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.
Well China really cant bring bitcoin down, people are now adopting this new technology and i think there's still chinese people who owns bitcoin. We should not be intimidated by those chinese people who want to bring down bitcoin so they can may their own token. I really believe on bitcoin and i know in the future i will enjoy the benefit of this.
I don't think that bitcoin is going to die just because china is planing on banning it.
We are just going to find an alternative.
I think that South Korea is already a good alternative as the government is pretty much pro-bitcoin and they have large exchanges that are based in South Korea.
And now it's all proven, there is nothing about it even though the Chinese government banned bitcoin on September 30th, and this is the advantage of using a decentralized system so that users become the main factor bitcoin can survive. We are just going to find an alternative.
I think that South Korea is already a good alternative as the government is pretty much pro-bitcoin and they have large exchanges that are based in South Korea.
I don't think that bitcoin is going to die just because china is planing on banning it.
We are just going to find an alternative.
I think that South Korea is already a good alternative as the government is pretty much pro-bitcoin and they have large exchanges that are based in South Korea.
We are just going to find an alternative.
I think that South Korea is already a good alternative as the government is pretty much pro-bitcoin and they have large exchanges that are based in South Korea.
No they baned bitcoin in china not doesnt mean it will die all around the world. There are many country that they used bitcoin so i think it will not die because of china
Definitely, not only China is the user of bitcoin. And bitcoin is not a product of China so definitely it will not die. Bitcoin has many supporters all around the world. We only have the presumption because China is a bigger country and that many people there are using it. But that is not enough for bitcoin to die because bitcoin is really such a wonderful creation. Bitcoin is supported by many people not only Chinese. Even China banned bitcoin, it has still a high price.
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 baned bitcoin in china not doesnt mean it will die all around the world. There are many country that they used bitcoin so i think it will not die because of china
Initial reports from Chinese media that the government plans to close down domestic cryptocurrency exchanges have seen the virtual coin shed more than $100. Bloomberg and the Wall Street Journal also reported that the country is planning to shut down digital currency exchanges.
Thats impossible, just think of it that China already banned the bitcoin transaction into their country, but what happened, it is a short bad effect but it is a very fast recovery of bitcoin thats why it is very hard to down and destroy, as Bill Gates says that bitcoin is unstoppable because no matter what happens it is still very stand firm and rising.
i don't think so...Bitcoin is depended on a single country. if Chine will leave this platfrom then Bitcoin will face a sudden shock but it will not die. without China Bitcoin is capable to move forwards. because Japan, South Korea and other countries people are holding most of the capital of Bitcoin so that Bitcoin will not die even China is not with it...
Bitcoin does not need China in order to survive. If you look at the globe, China is juat one coutry among the possible country that will embrace and accept Bitcoin. Even if China bans Bitcoin eternally, there is still Japan and Australia that opens its government to innovations. It will be a lost of China if they stay hostile to bitcoin, though I think China is just preparing its country for a massive adoption of Bitcoin and its technology.
Look at the current price of bitcoin after the china news, what has happened? It's gone all the way to 4K plus in short period of time and now hitting the 5K target real soon. People have knocked down china already and they all know that it's just little part of bitcoin. Yes, yes, I would be more than happy if bitcoin gets accepted again into china as the prices will start pumping again. Even without the china bitcoin price is boosted a lot more and if they prepare their nation to adopt the market again then man we are more blessed. Our investment will also take the proper shape and will sell highest ever. Better keep some more patience see how bitcoin plays the wolf and off course china.
Bitcoin will not die even china ban exchanges or icos. Because china doesn't control the whole market. In the world there are many more countries that support bitcoin and are interested in its development.
No of course not! 
Just look, South Korea has banned ICO, but Bitcoin course keeps growing.
There was some minor influence to Ethereum, but it was temporary, lol
Just look, South Korea has banned ICO, but Bitcoin course keeps growing.
There was some minor influence to Ethereum, but it was temporary, lol
Bitcoin is still here and we're still here.
Bitcoin didn't die just because China banned the ICO or whatever they plan to do in the future.
Bitcoin is too big to defeat. Not because of one country bitcoin will easily go down or lose its value nor it's not easy as what they think. The people who believes these are weak hands and don't trust enough. And I'm thinking what they're gonna say now that bitcoin price now going to reach again it's new ATH.
Bitcoin didn't die just because China banned the ICO or whatever they plan to do in the future.
Bitcoin is too big to defeat. Not because of one country bitcoin will easily go down or lose its value nor it's not easy as what they think. The people who believes these are weak hands and don't trust enough. And I'm thinking what they're gonna say now that bitcoin price now going to reach again it's new ATH.
NO! bitcoin will up with china or without china, you can see right now that bitcoin ragte is stable at $4000++ its mean that bitcoin can live without china hahaha, i think when china banned bitcoin, everybody in al country look at bitcoin and curious with it, so many people want to know more about bicoin so bitcoin rate is high and stable
Current news regarding China ban on ICO's can only be effect the btc price but by time it will find it's value again. These conditions normally decrease the price of the btc, anyway China is a huge contributor, they have power for demand/supply side easily effect the price. In my opinion they are trying setup well organised market rather than uncontrollable ecosystem. At the end of the day, BTC would not die due to China but the big movement on price postponed by current spurt on ICO ban.
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