Will Bitcoin Die Because of China? - page 55.

iqlimasyadiqa

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Quote from: anitayui on September 20, 2017, 08:55:09 AM

Definitely the answer is no. Bitcoin not just depends only on China but we know if China have big influence on mining and trading. So even without China bitcoin still have future to keep growing and increase the price.

china is not everything. bitcoin is in great demand by many people , so we should not be afraid if china makes a bad decision.
bitcoin will continue to grow and also increasingly used by everyone in the world.

anitayui

full member

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Definitely the answer is no. Bitcoin not just depends only on China but we know if China have big influence on mining and trading. So even without China bitcoin still have future to keep growing and increase the price.

Chanock

full member

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China can't kill bitcoin. If you depend in one country to tell that bitcoin die i think the answer is big no. Notice that bitcoin value is depended to the USD and this currency will tell were bitcoin come in the future. Bitcoin cannot fall because of one country even it is china. Beside that there's no reason to doubt bitcoin capability.

xsudo23

newbie

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Even if China bans exchanges or ICOs. Bitcoin won't die.
The crypto currency has indeed suffered a loss for few days but now it's stable and will continue increasing. There still many ways Chinese investors will invest in Bitcoins. Afterall Bitcoin is decentralised.

ayeshajum07

member

Activity: 61

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You were right, Bitcoin won't stop because China banned it.

Bitcoin already exist even before China join on digital currency adoption.

francesyrus

sr. member

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Quote from: CryptoBry on September 09, 2017, 11:36:07 PM

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 don't think so bitcoin would be RIP because of China. For my own opinion Chinese investor make the bitcoin dump so that they can buy it on lower price so that when it pumps again viola instant profit for them.

pepoaly007

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my answer for ur question is no cos the bitcoin is bigest than chaina dont warry bitcoin will be big and big

richardsNY

legendary

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Quote from: Wowcoin on September 19, 2017, 03:45:44 PM

We know that not only china use bitcoin their are so many countries recognized bitcoin and many are big whale's. I know that china is most popular that many big holders there. But bitcoin not die because of china.

Unfortunately, not everyone knows that Bitcoin isn't just tied to a single country as China. Well performing countries such as Japan and South Korea aren't part of the subject anymore, and that while South Korea, which is a fairly new player in the crypto world, has greatly surpassed China in terms of trading volumes, and that by a huge distance. China has had its time, and is no longer the central point of the Asian continent -- it's time for people to understand that Bitcoin is expanding into other important countries as well....

bettercrypto

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Quote from: mstone on September 19, 2017, 03:00:25 PM

China is a drop in the ocean, a large drop, but still a drop

I agree, China is just a part of a globe, not a major part but rather a small one. Even if china banned bitcoin or get hostile with it, China cannot kill Bitcoin or Bitcoin die due to Chinese government hostility. Bitcoin is already adopted all around the globe. Even if some part banned it or hostile to it, it will continue to thrive because of people who believe in it and support it. Aside from that there are also some country who are actively promoting and supporting Bitcoin. If bitcoin is to die, it should have been perished on the first year of its existence.

Glorious04

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Quote from: CryptoBry on September 09, 2017, 11:36:07 PM

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?

Naaaaaa!!! Maybe for sometime it will affect the price but for sure it will recover it's value soon. China is just one of its contributors but bitcoin worldwide is getting more and more popular and people are engaging into it continuously.

Wowcoin

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I think no bitcoin not die because of china. We know that not only china use bitcoin their are so many countries recognized bitcoin and many are big whale's. I know that china is most popular that many big holders there. But bitcoin not die because of china.

mstone

newbie

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China is a drop in the ocean, a large drop, but still a drop

Lomberjack

full member

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Quote from: CryptoBry on September 09, 2017, 11:36:07 PM

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?

Indeed. Of course bitcoin will not die just because China banned the bitcoin exchange in their country because China is just a part of the big community of bitcoin. Although China is a big lost in the bitcoin community for a reason that it has the largest bitcoin investors and massive number of bitcoin users, still bitcoin will not die because it will recover after that scenario proving that bitcoin is a fast growing cryptocurrency for it has regain what it has lost after the banning of China

Tuku007

newbie

Activity: 28

Merit: 0

If you are talking about past then there was a little chance to die but I think,now a days bitcoin has reached at that position,no country can stop this.es,impact will fall there but like vice versa it will re-gain its position back within few days.But it will be so bad for miners of china.So,iI think they wont let that happen.

Asyifiah

sr. member

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Of course BIG NOOOO... !! Cryptocurrency not just in China but the whole world.
nothing can stop cryptocurrency because of its decentralisation.
if china make digital asset cryptocurrency it will not beat bitcoin.

treather

full member

Activity: 266

Merit: 102

More bad news out of China, they are asking exchanges to close down. Expect the price to nose dive with this news;

http://www.bbc.com/news/business-41320568

bassong

member

Activity: 84

Merit: 10

lol! and why will bitcoin die because of China. Yes, things happening there will impact the price, maybe drive it below $1000, but kill it? It will never happen, they are not that important.

anklas

member

Activity: 96

Merit: 15

Quote from: CryptoBry on September 09, 2017, 11:36:07 PM

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?

Definitely NOT Bitcoin do not depend on the investment of China without them Bitcoin will continue boost up and lots of people around the world invest in Bitcoin that would be the reason to its success. Thoug there are lots of chinese investors but bitcoin will not die because of the banning issue to their country.

Best Dreams

full member

Activity: 1008

Merit: 101

Quote from: Odora on September 19, 2017, 04:59:06 AM

who is chinese so they can kill bitcoin, their excess is only because the population is so much that the market there is very good,.

Yes I agree because they have already banned bitcoin but still it survive and day by day it’s going to progress its user are also going to increase
so there is no chance of bitcoin to die.

SummerBliss

sr. member

Activity: 910

Merit: 254

Bitcoin is a world's currency and China is just a part of it. Even if China completely bans Bitcoin or Bitcoin mining, with short term negative effect, bitcoin will ultimately recover. There is huge market available outside China. China might be a major player today, but it will not take much time for any other country to surpass it.

This is the beauty of decentralization!

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