Topic: Will Bitcoin Die Because of China? - page 5. (Read 14399 times)
Bitcoin certainly will not die because China has banned ico and closed the exchange. China is only part of the large community of bitcoin. Although China is a huge loss in the Bitcoin community, it has the largest Bitcoin investors and a large number of Bitcoin users.
I do not think so China has major role in the upcoming of bitcoin.lot of people in China have invested in bitcoin and Chinese are doing bitcoin mining at a very large scale.so if China ban bitcoin, this will definitely affect the market, the market definitely crash because of ban on crypto currency in China. But after that market will again reach at their best due to other countries, who still in favour of bitcoin. But this process will take time
Obviously not, although China still has some impact on the whole cryptocurrency market.
However, this effect is not particularly large, so there is no need to worry too much about it.
However, this effect is not particularly large, so there is no need to worry too much about it.
I believe that china is not the one who will die bitcoin because of many news the Chinese government will did a lot contribution to the bitcoin and the bitcoin is also famous there and the big mining of bitcoin is there in china because of low electricity cost and because of these things we can not blame china for this purpose bitcoin is the growing currency it will not die but the countries will start regulations for bitcoin.
I know because of china's recent move will definitely affect bitcoin greatly but that doesn't mean that because of that bitcoin will die. Yes china is a big loss but there are other countries out there that still supports bitcoin. Bitcoin is just too popular to just die out like that. We may have lose china but I know somehow we will find a way.
China is planning to ban bitcoins and other virtual currencies on the domestic market. This creates a huge shock for investors in the virtual currency market in China as well as in the world, leaving the BTC in China at risk of dying, while China is a fertile country. market development. cyptocurrency
Bitcoin prices have fallen sharply due to the move of the country, which accounts for most of the currency investors.
Bitcoin prices have fallen sharply due to the move of the country, which accounts for most of the currency investors.
I think that after some time China will allow to use bitcoin in their country. The government will not want to lose potential income.
Ofcourse NOT, but given the fact that China is a very huge country and has a very huge number of people this will somewhat affect the number of bitcoin users, bitcoin investors and people who demands bitcoin. Furthermore, may result to decrease the value of bitcoin.
The issue on China banning cryptocurrency happened a year ago already and up to now bitcoin is still alive. Though the banning of bitcoin in China has caused a huge dump among holders and has contributed to the price fall of bitcoin. But as of now China is no longer affecting the bitcoins value but the banning of facebook, google and soon twitter have played a detrimental impact on bitcoins value.
will not die bitcoin just because china forbids bitcoin, very many other countries are playing bitcoin even investors in other countries strongly support bitcoin, our hope chinese can legalize bitcoin.
I think that China will affect at least some of Bitcoin's market effects and it will not cause bitcoin's failure. After all, Bitcoin's market is worldwide, and it is unlikely that the bitcoin will collapse because of the ban on individual countries.
Ofcourse NOT, but given the fact that China is a very huge country and has a very huge number of people this will somewhat affect the number of bitcoin users, bitcoin investors and people who demands bitcoin. Furthermore, may result to decrease the value of bitcoin.
I think this is a joke. Currently, China has banned the trading of ICO and intends to close the exchange.
But it does not affect people's use and investment in bitcoin, which is technically impossible to ban.
You can close your country's exchanges, and you can't shut down other countries.
China cannot prevent people from using and investing in bitcoin.
But it does not affect people's use and investment in bitcoin, which is technically impossible to ban.
You can close your country's exchanges, and you can't shut down other countries.
China cannot prevent people from using and investing in bitcoin.
Bitcoin will never die due to China's sanctions. Because Bitcoin has been created for the whole world. If China does not use Bitcoin, Bitcoin will not be affected. Because one country is not using it and using many more countries. If Bitcoin prices decrease, then it will be re-priced at the desired price. Because many people are earning from Bitcoin. In this way, Bitcoin will continue in the era of yug era.
Figure china didn't blame why bitcoin fall. Since china didn't trot out bitcoin. He only 1 of the massive nation hold bitcoin. In any case, its not mean bitcoin can fall. Its only 1 nation. There area unit half nation holding bitcoin. different area unit bitcoin let that why its larva major ordeal to fall in exactly one nation
Bitcoin won't be gone because of china. Yes they may be big contributors. Lots of mining farms. They will affect the market but it won't make the bitcoin go away.
Bitcoin will not die if China banned it.As of now Bitcoin is now growing it's popularity despite of some fake news coming out.Even China ban it more people are more engage using bitcoin.Yet still China has a big contribution in using Bitcoin it will not affect Bitcoin on how people use it.Because people are the one who decide if they gonna use it or not.
I guess no. Even if China is so big, it can not even control the bitcoin.
Bitcoin will not suffer because of China. It's no secret that there are a lot of people in China who have invested in bitcoin and now there is a ban on the CT, but besides China there are many more countries where bitcoin is allowed, and therefore there is no danger to death
Will Bitcoin Die Because of China? The answer is NO. There are other countries where crypto-currencies are popular, although China has a major part to play when it comes to Bitcoin, China has the largest bitcoin miner's farm worldwide and China holds quite a number of different altcoins, it will not be able to make the entire crypto market collapse. Without China Bitcoin will survive, continues to grow up and become more and more popular as time goes on.
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?
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