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Topic: Will Bitcoin Die Because of China? - page 56. (Read 14399 times)

sr. member
Activity: 434
Merit: 250
September 19, 2017, 12:19:24 PM
even though china is a big contributor to bitcoin but bitcoin will not die without china, now in many countries already many use bitcoin then bitcoin will be stable again but we only need time when bitcoin will peak without china
full member
Activity: 182
Merit: 100
September 19, 2017, 12:10:39 PM
i think bitcoin will not die because of china as there are many countries engaging and earning in bitcoins. but on the other hand as china was major contributor in bitcoins so there may some downfall in the price of a bitcoin nothing
legendary
Activity: 2380
Merit: 1085
Money often costs too much.
September 19, 2017, 12:05:38 PM
Answer is a BIG NO ! Because bitcoin is for whole world not just chaina. Even if chaina  Bans all kind of bitcoin it cannt distroy bitcoin .
There recently has been that global world Blockchain Summit in Shanghai, a city which is logding just right inside the Yangtze River delta and not even counting for these https://en.wikipedia.org/wiki/Special_administrative_regions_of_China sooo...
Doublestandards. Continuity in mining fresh bitcoins, but aiming to not to distribute them amongst their own citizens?!
full member
Activity: 406
Merit: 100
September 19, 2017, 12:05:23 PM
Absolutely not,,, when if bitcoin die, the marketcap volume $66,244,433,358 = 16,575,612 BTC is already used by all bitcoin user. how many people can do it murder.....? never its possible.
sr. member
Activity: 546
Merit: 255
September 19, 2017, 11:59:03 AM
All these news were just spread just to decrease the prices of Bitcoin so that they could all buy Bitcoins at a much cheaper rate. That was a smart move from them to actually make the prices of Bitcoin to fall. And now after it actually dropped they revealed the truth that they have actually promoted a fake news.
full member
Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
September 19, 2017, 11:55:16 AM
Answer is a BIG NO ! Because bitcoin is for whole world not just chaina. Even if chaina  Bans all kind of bitcoin it cannt distroy bitcoin .
member
Activity: 255
Merit: 10
September 19, 2017, 11:49:03 AM
No bitcoin will alive without chaina.Bitcoin have strong community. There is noo  chance  that bitcoin will die
sr. member
Activity: 602
Merit: 252
September 19, 2017, 11:48:46 AM
Recently there is lots of strategy happening for Mining in european countries china may be the biggest contributor in mining and other support but there is still lots of countries are coming with more support some countries thinking to introduce own crypto currency .
Yes, the recent issue from China has been a great talk around the entire portals that make articles relating the digital currency market. China is a major contributor in terms of mining as well user base years back itself, but once after the inspection it's found that the control went out of hands from China. In reality it is not, because the recent price drop took to larger extent just because of a news coming out from China.
full member
Activity: 364
Merit: 101
September 19, 2017, 11:45:58 AM
Not only Bitcoin will not die, but I strongly believe that China will come back to Crypto world. They have invested too much to lose.
hero member
Activity: 910
Merit: 500
September 19, 2017, 11:42:01 AM
Bitcoin is not processed by any period of a country. So if China decides to ban altogether bitcoin in their country it will only weaken it but not kill it. And what does not kill you makes you stronger. Rather than be dismayed by this move, many will consider this an opportunity. Stay informed and ready!

no it will  not, bitcoin has a high market value and a high rank among all other coins there, so i think it is not east for bitcoin to be deceive by a county, it has a many country who supports it so it good to know that bitcoin is strong and it will never be goes down so easily only because of the china take that .
sr. member
Activity: 910
Merit: 252
September 19, 2017, 11:40:31 AM
Recently there is lots of strategy happening for Mining in european countries china may be the biggest contributor in mining and other support but there is still lots of countries are coming with more support some countries thinking to introduce own crypto currency .
full member
Activity: 424
Merit: 108
September 19, 2017, 11:26:59 AM
Bitcoin will not die even china ban exchanges or IcO or what ever. Because bitcoin is for world wide .if china not use bitcoin anymore yes they have effect ban not big. Because many country also use bitcoin or crypto currency . Even bitcoin price decrease for sure it will recover again because many people buy again bitcoin if they see the price decrease because they want to earn money. Bitcoin will not di!.
Yes i agree. I think bitcoin will not die because there is still many investors worldwide. And as far as i know. There is so many buyers of tokens in some countries so bitcoin will not die. As the value is going down. The more investors will buy bitcoin .
hero member
Activity: 826
Merit: 529
September 19, 2017, 11:17:57 AM


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?
you have discussed this issue very specifically, you also know what will happen if China government will ban the whole process of Bitcoin.but I also think that though Chinese population has a big amount of Bitcoin capital at the current situation so that it will hamper in the price market but it will last for a long time as long as many currencies. so Bitcoin will not die whatever China will take any steps to this platform.
sr. member
Activity: 546
Merit: 250
September 19, 2017, 11:03:56 AM

today bitcoin has proven to the world. bitcoin can survive even without the role of china involved in it.
china is not very influential right now, there is no china effect that can lower the price of bitcoin again. after yesterday's incident. this is a fact.
full member
Activity: 224
Merit: 100
September 19, 2017, 10:47:37 AM
That is never gonna happen, it is only China who banned bitcoin but there are many other countries supporting bitcoin. Yes, there is a decrease of some value but bitcoin will never because of China.
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
September 19, 2017, 10:44:04 AM
China clamping down on exchanges can only have a minimal effect on the price of bitcoin, despite all the actions taken by the Chinese government the price of bitcoin never fell below $3000 I am very optimistic that after all these brouhaha the price of bitcoin is going to pick up and journey northward again this is based on the fact that more countries are going to adopt bitcoin which will invariably increase the number of users.
hero member
Activity: 2940
Merit: 613
Winding down.
September 19, 2017, 10:34:19 AM
The price might slowly rise but probably not going to die. Bitcoin is too great to die. And I think that what I have said is an understatement.

I agree with you ....
bitcoin will not die and bitcoin will continue to live because now many people use bitcoin, so bitcoin will not die just because china,
and may be true even slowly but bitcoin will rise higher in price.
You're right.Bitcoin is not that weak that will be easily destroyed when China neglects it.Although China will have a greater impact on the rising of bitcoin,still it won't be a loss to bitcoin if they won't adopt it.Bitcoin has made its foundation very strong now so it will continue to soar high and will still conquer all other countries without the help of China.
full member
Activity: 196
Merit: 100
September 19, 2017, 10:26:38 AM
Bitcoin is not processed by any period of a country. So if China decides to ban altogether bitcoin in their country it will only weaken it but not kill it. And what does not kill you makes you stronger. Rather than be dismayed by this move, many will consider this an opportunity. Stay informed and ready!
full member
Activity: 361
Merit: 100
September 19, 2017, 10:22:14 AM
#99
The price might slowly rise but probably not going to die. Bitcoin is too great to die. And I think that what I have said is an understatement.

I agree with you ....
bitcoin will not die and bitcoin will continue to live because now many people use bitcoin, so bitcoin will not die just because china,
and may be true even slowly but bitcoin will rise higher in price.
full member
Activity: 854
Merit: 100
September 19, 2017, 10:16:00 AM
#98
The price might slowly rise but probably not going to die. Bitcoin is too great to die. And I think that what I have said is an understatement.
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