Topic: Will Bitcoin Die Because of China? - page 49. (Read 14399 times)
This is very ridiculous. Bitcoin deos not need China if they don't want bitcoin to be part of their economy. Just wait a couple of months and btc will rise again.
Bitcoin will survive even if both China and the USA ban it. That won't stop people from using it, and realistically the government can't do much about it aside from shutting down the internet.
let us alone about shutting down the Internet, maybe china and usa could not stop people use bitcoin although that two big countries are banning bitcoin but i am sure that that will give very bad impact for bitcoin especially for the price because the most of users bitcoin will leave bitcoin as well. 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.
If Chinese government is thinking a way in disconnecting or taking aways cryptocurrencies to its citizens then I think they must start in disabling miners and mining industry of cryptocurrencies there but the didn't cause it is a profitable business to their businessman and they are okay with it. It is just that they want to regulate cryptocurrencies and not to ban it, government duties at its finest, if you know what I mean.Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Of course the price of Bitcoin will drastically go down if this will really happen in the future because China has a large percentage of miners and with this when you think it logically, many of its citizens are having different kind of cryptocurrencies. Bitcoin is an international currency that doesn't rely or to serve a single country so it will rise again if ever this happens.
Meh bitcoin is never die because of China, China is give a big affect into bitcoin but bitcoin will still survive even after that bad news from china about banned ico and bitcoin local exchanges on china. The only problem is the price of bitcoin that decreased because of that news but the price is going up again nowdays.
Absolutely not, a large amount of users and miners are from China but not enough to discourage the growth of Bitcoin. Actually China will see it can only regulate and gain control on Bitcoin to a certain extent and eventually back off I believe.
bitcoin is a universal currency and i do not think that it will die because of a single country, hope that it will remain for every and will never die.
I think bitcoin will be ok without China, we have proven that when China began banning ico and regulating exchanges as you can see there is no drastic change in the price of Bitcoin in fact, they are bouncing back the question is can Chinese live without Bitcoin.
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 does not represent the whole bitcoin market, and it isn't the only country where the costs of electricity to enter the mining industry and generate profits are cheap. With rumors of prohibitions confirmed or not in that country, doesn't mean that the transactions with cryptocurrencies disappear in its totality, nevertheless would give way to the opening of a black market to accede to this type transactions
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?
Well, you already have an answer for your own question! Obviously, bitcoin will not die just because of the ban in China! Bitcoin is so beautifully designed that bitcoin does not depend on anyone! Actually China is the biggest contributor, but it's there. Also other countries playing the same role as China! so I'm not afraid that someday there will be another country that ban ico like china.
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.
Of course the answer is simple it is a now. Because bit on did not just depends on part of China , even if it's given that China is the largest country in the world there is a lot of people in other countries I am sure that is worth on dealing with transactions, investments and trading. 
Bitcoin will survive even if both China and the USA ban it. That won't stop people from using it, and realistically the government can't do much about it aside from shutting down the internet.
let us alone about shutting down the Internet, maybe china and usa could not stop people use bitcoin although that two big countries are banning bitcoin but i am sure that that will give very bad impact for bitcoin especially for the price because the most of users bitcoin will leave bitcoin as well. 
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?
It will not die because of that little matter it maybe can decrease the rate or value too but it will recover some other time china is not the only one using bitcoin it was just basically band and branded illegal because of the threat that will come to future of their economy it is not even possible to the bitcoin dying it is just a simple matter
No, they might be a big contributor in bitcoin but i doubt that bitcoin will die just because of one powerful country. China may have huge influence in bitcoin and can create heavy impact on the market but just like before Bitcoin will rise and survive.
Bitcoin will survive even if both China and the USA ban it. That won't stop people from using it, and realistically the government can't do much about it aside from shutting down the internet.
There’s no point in denying china was a big part of Bitcoin, and will probably continue to be even though the Chinese government decided to shut down all Bitcoin exchanges and even then Bitcoin itself.
However, I think that Bitcoin can definitely survive even without the Chinese with us. This is because Bitcoin is after all, a global currency. It does not need one single government being friendly about Bitcoin policies in order for the network to survive. Bitcoin is p2p, and that means as long as there are people interested in using Bitcoin Commodore always be away for them to access it.
However, I think that Bitcoin can definitely survive even without the Chinese with us. This is because Bitcoin is after all, a global currency. It does not need one single government being friendly about Bitcoin policies in order for the network to survive. Bitcoin is p2p, and that means as long as there are people interested in using Bitcoin Commodore always be away for them to access it.
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 answer is NO. But when investors see the nega effect that China can make on bitcoin price, their passion may fall for fear of other countries doing the same. Perhaps this year is a year of ice and fire for bitcoin and winter is coming.
The life of Bitcoin doesn't solely depend on china and that's why it is decentralized. I know china has a bigger stake in terms of mining power and investment but that doesn't mean if they decide to leave the network others won't replace them and so I don't think Bitcoin will ever die because of the Chinese and their drama.
Yes, u r right. Bitcoin is boundless, but its price is not. When u go back to 2013, the first time that China banned bitcoin, the price went down from 1000 to 500 or less and last for nearly three years. I didn't mean bitcoin would DIE of China's banning, truthfully told, I tended to believe bitcoin would be more than 10000 grand in the future, but NOT THIS YEAR.
in my opinion bitcoin will not die because china, if one country will not cause bitcoin to die, even though china is a country with strong economy. but i am sure without chinese bitcoin is still strong.
This isn’t the first time China is banning exchanges. Back in 2013, bitcoin dropped more than 50 percent as the government asked BTCChina to stop accepting deposits in Chinese yuan. The government changed its mind later on.
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