Bitcoin Forum

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

I'm also looking forward to the regulations! I guess we are about to hit 10k sooner then we think.
I already bought bitcoins when it hit 3k this week, and i'm looking forward to buy more!

your right sir no one can defeat on bitcoin even if china ban ICO in their country theres a lot of investor all over the world and bitcoin nowadays become popular and theres a few people didn't believe in bitcoin, but bitcoin continously pumping and became higher and higher now, no one can destroy the bitcoin unless the owner do it.

Even they banned bitcoin or altcoins in china we still have those country who support bitcoin and they don't want to lose there profit as you can see russia and other country are trying to make an recover for bitcoin the big pumped happens right now is very important to see how bitcoin powerful is.

This was quite expected. Today, Bitcoin is strong enough to recover from such drops. Market is getting bigger and people now understand the potential of cryptocurrencies. In 2 weeks, Bitcoin has recovered from the news of ban by Chinese government which wasn't a small news when it comes to share of China in cryptocurrency market. Maeket is maturing now. People are increasingly investing in Bitcoin and altcoins and hence it will soon become tough to manipulate market by a single news.

I know what you feel man and as a old member on here and earlier persons who do witness bitcoins development we would really be glad that we did eventually survive this kind of events on which we can able to say that Bitcoin do really have a good support by the community even if its theres some news.It might give some effects but not actually the thing that can shut bitcoin down.We are heading the the moon guys.

No one can defeat bitcoin even those billionaires for just saying bitcoin is fraud and this Chinese government for banning bitcoin. Bitcoin has grown so high it is really impossible to get it down.

This is one of the most glorious days for bitcoin ever. Seeing it go from below $3000 to above $4000 (now almost $4100!!) it's a beautiful thing. China and JP Morgan are so impotent right now. They can no longer cause FUD on the markets because their word is now irrelevant to investors. As we see, the damage has been done, only way from now on is up.

The people stuck with short positions that were expecting lower prices must be filling bankruptcy right now.

Bitcoin has come to stay , no government can defeat us no matter how had they try. And I still stand on my prediction of $10k and before December 2017.

Cant really blame them if they had some decisions like that. I guess they cant really control the outcome of the btc or they had advanced there knowledge through many years that it could really become a shady scheme that's still being in the process right now. I am not really worried if in 5 years this would become true because maybe by then i would be thankful to btc that at least i could a 2nd income source that came from bitcoin investing.

You can see the chinese marketplace has now have rather low cap, my guess many whales there moving out their money elsewhere. and good news is, china and their regulation can't really affect the bitcoin furthermore.
now bitcoin has proven its power against the power of government, wonder what'll Fudster saying next.

I hope you are right! Congrats to those who hold on the dip... BTC community is showing its power to the world (again) after a week of turbulence.

Yes again Bitcoin wins .. It proved that no country or nothing can beat bitcoin .. It recovered so quickly . And the whole market is stable again..
We are the winner .

in the first place only the panickers believed that bitcoin will fall because of this. i believed bitcoin improved a lot and things that make it fall so great in the past to the point that

it took years to recover might not happen again as it already established a strong community. its true that there are many panickers, fuders, hypers but they are overwhelmed by

strong hands and whales so i'm not really worried that much. bottomline, core supporters are not all in china

the outcome was what is expected to happen
its very obvious

Not totally defeated China because the reason why the price rise up again is because there are some big exchange are not close and continue to operate that's why chinese still can buy coins.

if Chinese government think they can defeat us. no because so many people trusting in bitcoin and the potential of cryptocurrencies ill support this and this is the biggest opportunity for me and other people who want to become successful in their life

Right, in despite in china's continue's announcement of banning ICO etc. Bitcoin can't be stop by only one country. And these chinese was bliffing the bitcoiners after all because like you said after china get back with the licenses it will have a new ATH again that happens as always.

I totally agree with you OP, it's a make or break when China decided to ban Bitcoin and some exchanges, but we'll see after a few months or so if they will not try to be back in the cryptoworld. Look at how Bitcoin recovered after two weeks of negative feedbacks, I know it looks like torture to some when it drastically dropped down but it did recover after as we all could see.

Now, waiting is to see new ATH! My personal opinion, with all those rumors everyone is finding out about BTC and what people are hearing  something causes oof recent price fall. Right now, trying to recover and in my opinion the price is going to $5000 so if you want to buy low this is the lowest we can get.

There is also news that China cannot ban bitcoin and that they are only regulating ICO. Maybe that put confidence back to bitcoin and so the price is recovering from the bear run last week.

It didn't defeat China, but it is 4000 thousands again.
So it is a new challenge for the miners to keep it up and up.

The word "defeat" isnt really appropriate to be used on the topic title. Bitcoin didnt actually defeated China since theres no competition is happening on here and also China is also just a user of bitcoin but do have actually the funds or power to affect prices but seeing on the current situation of regulation and banning it did actually made some things that do really affect it but still bitcoin did manage to recover up but it doesnt mean that bitcoin did beat china.

I have my own theory behind the China 'ban'. Now that the price has recovered (which I expected) we proof the outsiders wrong once again. This drop was necessary to ensure the market remains healthy (a much needed dip) and to flush out weak heads (who will probably buy in on the ATH again anyway).

That's why I'm predicting that 15 Oct , bitcoin value will increase up , higher than the current highest on this year.
Japanese and South Korean really take the main role for bitcoin global market so I'm keep invest on bitcoin every month without feeling worried at all

if some day a country bans bitcoin for real they are just isolating themselves from the world and from the revolution. the rest of the world will be laughing at them at some point in the near future for the dumb attitude towards bitcoin.

when the 2020 Olympics starts in Japan, a country that has adopted bitcoin and many shops are already accepting bitcoin -tax free- that will bring a lot of publicity to bitcoin and make a lot of money for their country. they will just grow economically by a simple change.

who cares if a random country bans bitcoin! people are still going to use bitcoin globally. that's the decentralized beauty.

yes sir iam very happy for the value of bitcoin goes uprise again, i believe on bitcoin pump again the value without the chinese people bitcoin can survive, i consedired not only the chinese goverment accept the bitcoin as currency in the decentralized cryptocurrency, many more big and popular country accept the bitcoin as currency, example the austallian government bitcoin treated as money. bitcoin again go stand to reach the previous value.

That is correct. Bitcoin has backed to its path now. Bitcoin right now has no authority to control the price of bitcoin anymore. I believe that the amount of bitcoin will be splited to many different people from many different countries. It will make bitcoin have more chance to grow in different places

This is it proves that bitcoin has been stronger until today. There are many speculation that bitcoin will be dead because of China regulation and news but this is not stopping users to use and to support bitcoin. And now its value is pumped back to $4000.

Not long from now, we will experience great things about Bitcoin. It doesn't care if who are banning it. As long as it has many supporters, it will definitely not be affected. It will somehow, but at the end of the day, Bitcoin always wins.

I so much love the sound of this topic. Bitcoin has always prove itself strong over the years and will always prove itself strong anytime any day. I never really imagined the bullish trend will come in so quick with the absence of the chinese but here we are! And like you said already, once they hit the market back, we should not just expect a bullish trend but a thuggish trend.

The ban thought is useless with btc, but it has a big impact on btc can see it in the last few days. china is all origin  of the changes of btc and such as the market crypto,
this affliction has a strong impact on BTC.

Bitcoin has already become the biggest craving for venture capitalists and investors. Almost all of the big traders and investors wanna add Bitcoin significantly to their portfolio. 2017 is the earmarking of this moment and it gonna extend much and much after this. This real adoption on such scale will gonna boost Bitcoin prices in only one direction and that is upward. So forget temporary downfalls, prices are now gonna strength much often.
And China was always a hoax. I can see Bitcoin adoption was much more than China in other Asian countries like Japan, India, Korea, etc. So forget China and let's make Bitcoin start again all together.

with this strong rise back only proves that those speculations and rumors are already been beaten by those really supporting bitcoin, maybe time will tell now
if where this current move will go resistance and new ath to be expected before the year end or right after the incoming fork.

There are many ways you can get signals to buy and sell.
Keep updated on news so you have a purchase signal.
Just like in the past days if you were updated on the news. You are aware that the Bitcoins will fall. This is because of China's stoppage of Exchanger operations in their country. And here's panic selling starts to stop the downfall of your bitcoins. And of course you will wait for the most dip and then buy bitcoins and If you bought it when the price dropped in the past day. I greet you because you earn now.

There is a big probability that eventually the Chinese market can open itself in the near future but in a strict and regulated manner. They have not banned Bitcoin actually so that is leaving a god chance that the government would reconsider its ban stance on ICO and exchanges. China wants to be at the forefront of many innovations and Bitcoin is something they want to have a hand with.

However, it should really be pointed that Bitcoin can survive well into the future even without the presence of the Chinese market...this is the big news actually! China is an influential country for Bitcoin but this influence can be eroding right now because of what recently transpired.

Since the chinese government banned for bitcoin transactions, the price of bitcoin dropped 13% is very big impact on BTC, the value of digital currency. Bitcoin continues to fall in response to the chinese government's decision to close the crypto currency exchange in bamboo curtain country. But china's plan to close the digital currency exchange is not fully known by the bitcoin exchange manager in the gigantic wall country. We'll see that BTC will continue drop what will slowly rise.

I can say that yes bitcoin successfully defeated China after all the bad news they made bitcoin managed to recover from the dip and I hope that is the last and then bitcoin will fly again to the moon.

This is bitcoin the number one cryptocurrency in the market that showed how strong this currency is, even without China. No one can defeat bitcoin.

well it is really good for BTC to hold its price without any country problems, but it is not good to keep making one country responsible for that shit. we all here to promote BTC so we better finish this war of countries in this forum. I hope china will make bitcoin famous in future and make reasons to increase its price.

The battle isn't done yet, we still have some situations that we need to consider. The fact that we can survive without China and even if China bans bitcoin. But I was up into the price of bitcoin, they are hitting the price of bitcoin and everyone is affected. They now also planning to ban p2p network, all of these reports are unverified so it may be true or not. The thing that I'm considering is the ban of mining but I'm sure that China can't resist the crave of what they can get in crypto's, they will lift those blockage soon, trust me.

I think even the supposed p2p ban on the internet is already priced in, we will not see further crashing if it materializes, we wouldn't still suffer much. "China bans bitcoin" was already all over mainstream media, the initial shock factor is lost, there's not much space for China to keep fucking around with the price, which is why im bullish bitcoin more than ever. The fact that segwit2x is losing traction also helps.

Yeah! and that is a very good new, i think that the fud is already over in this forum now... I have been reading a lot of threads in where there were people complaining about the price, saying that bitcoin was dead, that it was gonna drop to zero... etc. You were wrong people. But maybe it is not over yet, we will have to see how btc reacts in the next days, maybe there is gonna be another economist that makes a conference and start saying that bitcoin is a fraud.. we can expect a lot of things at the moment.

They will but it takes a lot of the time because the more exchange site will come with a license by the government and that can be operationally in the future. Bitcoin has proven itself to be the best crypto as a lot of the hurricane already attacked the bitcoin.

And that China bans bitcoin is now for real. News that are published from the past days about China's ban about bitcoin is now on the go and China isn't joking around, next will be the mining facilities there. I don't know why China does implement taxation and just adopt bitcoin to generate more revenue for their local gov't units. They are really up to something about bitcoin.

I hope that, Bitcoin successfully defeated China.bitcoin use not only china it use many many country in the world. example now russia and other country does mind bitcoin need all time for business.

The one that produces has more power than the one that needs trade for it. So long they have the industry, they aren't losing.

Who knows what they are really planning, however.

This is a good signal that bitcoin is already strong enough to stand up even some countries banned it.
Even though its value crasses down because of China's policy, there are still many countries who are willing to adopt it. Cheers as the price goes up again.

There is no way to completely remove the Chinese from the scheme of things and saying that bitcoin is growing without the Chinese market will not be totally true because the market alone does not go around the exchange sites which the search light on at this time. But dont also forget the impact of the mining centers available and they either make bitcoin available and even transactions confirms which means without them, there wont be any market after all.

I quite agree with the tighter exchange sites coming back because I dont see any sane country who have dominance in a currency of the future throwing it away just like because they could not control it and another country is ready take charge and dominate. So, they are coming back and this time, the price might reach unimaginable height.

With all these things happened last week, the trade of bitcoins has become stronger on the entry of Japan into the cryptocurrency exchange.  This is good news after all.   As I have read in an article, only 10 to 15 percent does China share in the cryptocurrency trade... So no wonder, bitcoins have regained its status already.  Upon learning about cryptocurrency's strong exchange a couple of days ago... I was more inspired to continue in this bitcoin thing....

I don't think that China is out of the game.
If I understand it correctly, the exchanges are still running, the only thing that has changed is that they do not accept deposits in the form of the chinese fiat anymore.
Actually, if that was all China was aiming at, they could have said it in the first place. It would have saved many of us from a lot of trouble.

Definitely,bitcoin is no more in need of china for its progress.Now,the losers are only the chinese investors.They could do nothing except blaming their government for taking actions against bitcoin.This would be a great chance for setting more mining farms in other parts of world to once again decentralize mining.Japan's great internet giant GMO haSIC miners for mining bitcoin.It would be a great competition to bitmain in mining industry.Bitcoin getting completely out of china is good for the progress of bitcoin.

This is the advantage of decentralization, when the user and community of bitcoin are strong then there will be no dependence on anyone including china. and this is proof that majority bitcoin users are not from China but spread evenly throughout the world.

Definitely, because no one can defeat bitcoin, it will only be defeated if no one would not be interested in bitcoin anymore and regard for the latter I think it is rare not to use such cryptocurrency that is decentralized, has the advantage to increase in its value, and not prone to inflation and many advantages it has. No one can defeat it because it become popular worldwide and many are willing to invest, make it an asset for future use, then if only one would ban it, it is not reason that it will be down totally. I am positive always that it will pump up even it decreases its value and I think it is because of its volatility because it is the nature of bitcoin.

Yeah we all surpass this great chaos and now we are intp widely demand that will make bitcoin a nice investments for the future of our finances. As we took part of the system of bitcoin now, we are going be the most reliable proof of bitcoin's growth. So we better stay strong and don't worry about the future even though bitcoin is volatile but still we are going to benefit from it's pumping moments.

Banned in the china of bitcoin is not a big deal because we got Japan and other Asian countries which they are contributing good amount of volume of trades everyday and that is a proof that the banned of bitcoin in China is not a big deal because we can survived and still in the top even there is no chinese people who are in bitcoin.

Bitcoin is much bigger than one country. One country alone cannot dictate the direction of Bitcoin, at this point it is global.

Bitcoin showed remarkable resilience facing news from China. Price is not far from the level before first signs that Chinese government planned to ban bitcoin exchanges. Threat of closing most populated market for bitcoin is not as scary as it used to be. Bitcoin is certainly winner in this fight.
 

One country isn't a balanced opponent for bitcoin.
Bitcoin keeps getting stronger everyday because of the community itself.
And now player 2 has entered the game, Japan.

Although China may have a considerable number of bitcoin users, holder and traders that should not mean they should put other global users  into ransome,  there are positive indication that bitcoin had defeated China, people has the belief that without the Chinese bitcoin we can push up the price with more countries adopting bitcoin especially other Asian countries will try to counter Chinese policy on bitcoin.

I wouldn't go so far as to say that BTC has beat China. If more than any other country, it's the Communist authoritarian government that would be most zealous of their own currency. But still this did show that btc have resilience.

Are the exchanges mentioned in the news already closed? We still need to watch closely what China would do. I don't think they'll completely ban exchanges, only put more regulations. Still, should that happen, the mines would be next. Let's see if they are willing to cut themselves of this method of generating wealth.

for today, there are quite a lot of versions of what is actually going on for crypto currency small. No one really pointed out the essence of the problem with the Chinese side. Although Bitcoin fell very low due to rumors. But today already and we want you to see that your come all the same line in 4000 dollars.

Even if all the major countries banned it, people that really want to buy will always find a way, and some countries will always keep it unbanned because it will be on their interest to do so, they would become crypto friendly niches and they would reap the profits of that while the rest get nothing, which is why it will never happen, at some point you are missing out if you ban it, which is why i also think China will retract from his position and unban it eventually.

I do not know if im correct what I read was China are banning ICO and exchanges. They not banning Bitcoin so I think the Chinese can still mine and own Bitcoin.

Also the Japan news help into the recovery of the price.

Well when the ICO and exchanges were ban in China then there will be no use on btc for them. Bitcoin now were recovering and that's a good news since we can see that no one can manipulate btc.

Since Chinese already know how to make lots of money in the crypto world, even if the Chinese bans it, they will always find a way to trade/invest into it, whether using vpn, having a non-Chinese in China to buy bitcoins for them.

I really hope that they will retract their positions though, it was sudden that those who have millions worth of investment in there suddenly panics  sold off crashing the market. Its not the world that will suffer, its those Chinese investors who really love bitcoin because they are earning huge amount is the real loser here.

If you can see I have already been foghting for bitcoin that it would survive the conflict on china as it has always dine before. I am still a firm beleiever and has managed to study some of its trends. And yes it really is a happy moment to see bitcoin slowly getting on track again. A vindication.

China has been ruining the market and I am sure we will doing fine without china and now the price has comeback to 4000$ and growing stronger, so many people is upset because of the China's government decision and has been spread a lot FUD lately, and we still got other country that support bitcoin

Bitcoin has faced many challenges and conspiracies against it but every time bitcoin survives and become more stronger then before. These government bans are temporary because they will soon realize that they have made a big mistake of not using cryptocurrencies and bitcoin, which is global currency and future money of the world.

It is really impossible for bitcoin to fall, whatever power they have or how many are they. They will just put bitcoin to the struggling mode but it cannot be put to it's dead mode. And the price now is just the proof that bitcoin can stand out without one country. And maybe you're right that chinese will realize they loss a big part of their revolution, so they would bring back local exchanges again, and if that happens, for sure bitcoin price will continue to rise more.

Closed to impossible as it is since bitcoin has been good to go and well been adopted for more big countries China is Not a big contributor now and maybe they will faded out if people that China is not the main gamer on the this technology there are other who are starting to stand up now thats why we can see that the price are gaining back its momentum again but sometimes go stable.

Bitcoin has recovered from the news of ban by Chinese .government Bitcoin now were recovering and that's a good news since we can see that no one can manipulate. They are affraid to the bitcoin. Because a lot of bussiness man, they dont like to invest in other company in china. So the government ban the ICO.

I hope China will be back with BTC due to its big market.

Even without china we can still maintain the momentum of the market and you can see that the market is just down for a few dollars from its recent high price but if you will see in the chart, it is slightly moving up again because the market right now is getting more and more serious investors who want it for long term because of the possible profit that they might get.

The Chinese government want to prevent cash out flow to other countries without any supervision. But I believe eventually digital currency will be well regulated by the Chinese gov in the near future.

Really Bitcoin successfully defeated China and proved its ability that bitcoin will able to grow up in future without china. And Anyone can't stop bitcoin. Bitcoin have a good fame and now prople choose bitcoin for fulfill their demands easily... so its not impossible that chine will legslize bitcoin,  within this week or tomorrow  :D

I don't think that i don't want to debate about this issue anymore. you can't imagine Bitcoin without Chinese population. you have to consider that a lot of Chinese people are engaged with this platform and they have a large amount of Bitcoin capital. if China government has any intention to regulate all over the Bitcoin exchange then it is not a harmful decision for me. so I think day by day China is going to allow Bitcoin. so any type of argument should be prohibited regarding china.

glad to see bitcoin community has pretty strong after china incident indeed the latest news is the price could recover and back to $4000 and i have to says china failure to beat bitcoin and most people are very sure bitcoin could much bigger from price side and from the popularity side however i think china might be regretted their decission soon

Bitcoin has proven once again that it can overcome massive challenges. I have seen this more than 4 times now in Bitcoins short history. It is a lovely thing to see indeed.

They would need to be using OTC. If the leaked papers from the chinese government are reals, they are going to ban Tor and VPN's. So I guess Tor is out of the picture now, most main VPNs will be banned, so they will need to find fresh VPNs that aren't banned which shouldn't be hard.

But meeting in real life and making the deal will most likely be the way to go for them. You can't never stop people from doing that. Also in the future we will have send-and-receive satellites and then it will be over for all these government scammers.

I believe it will still exceed $5000 despite all the uncertainty. When is what I'm not sure. There are still many things that can happen. What we do see now is that it already have some resilience, btc I mean. Still not to the point of being "too big to fail" but I hope we'll slowly get there.

I think the ones who are defeated are those who dump their coins at a very low price lastweek. And the people who are smiling now are those bought big chunks in the market during that time.

But in my opinion banning will not weaken bitcoins real community and foundation. Despite of a lot of attacks and hindrances of bitcoins progress it still continues to withstand and grows stable no matter what time.

I think this problem doesn't bother Chinese rich men. They're doing what they want to do in underground. They can not live without BTC also.

Soon they might announced some new alts from China, orthey will remove the banning. Chinese were into money amd business as always and ICo is the new thread of having business.

I totally agree with you! China seems to be just being low profile, but I think they aren't really banning it. They may soon be announcing that they are just getting ready for big improvements or something. And I think, many chinese are still holding their bitcoins and will soon be buying more.

I won't completely agree that bitcoin has successfully defeated China because the battle is not won yet and until when the Chinese government comes out openly to ban bitcoin, we witnessed a further crash which is sure to happen, then if we recover and even reach say $5100 which has never been achieved before, I will then accept that bitcoin defeated China.

Finance wise Chinese market already started falling from year in the fiat cash worth and economy down fall. China is one of the biggest mining and other networking parts manufacturer in the world but bitcoin miner is stop for delivery by ordering in bitmain site which is chinese based.

China never banned bitcoin in all. All of this was done merely to regulate bitcoin. Waging a war between bitcoin vs china is absolutely wrong. Considering the growing safety concerns related with cryptocurrencies you will see a lot or currencies coming up with new regulations which will somehow try to centralize bitcoins.

Bitcoin is slowly getting over its China dependency and I do not think the Chinese government is very happy about it, they thought they could control bitcoin and when they thought things were getting out of hand they thought they could destroy bitcoin and now they are realizing that their control over bitcoin was nothing but an illusion.

This is battle of titans, I hope btc will win

Whether we like it or not.. all world news in the line of cryptocurrencies has a ripple effect on the price and to make the digital more decentralized and robust from fluctuations caused by individual countries we need more countries to make their mark by showing some support to  avoid this china monopoly people speculate about

Bitcoin won this game and you can see that even the china banned bitcoin you can still see that the price of bitcoin is not dump very hard and it is just a small changes in the price and it seems that it is planning to go up again and that is what we are waiting for because if you bought bitcoins at the dumping session of bitcoin then you have cheap bitcoins and waiting for the price to go up.

The fact that Bitcoin remain its high value regardless of banning bitcoin in China is a good thing. This only shows that bitcoin is not dependent on them, there might be small changes but it does not really affected its value. Instead of dumping, we can still expect that its value would rise really high. We can say that bitcoin really bit China once it reaches $5000 and this is very clear would happen. There would be many regulation and adaptation to do in this bitcoin phenomenon.

All is Chinese, they deliberately give bad news to Bitcoin; and made Bitcoin dump sharply. What they get is cheap Bitcoin. We can not deny the huge Chinese market so it will affect Bitcoin quite big. However, China can not fight the world. And now that Bitcoin has increased back to $ 4000.
I received the news yesterday China has a big conference on the future Bitcoin Cash. It seems that they will use it instead of Bitcoin in their own country for easy management.

Well bitcoin survive chinese banning but it doesn't mean that it will conquer and survive the government banning.
It's good that bitcoin is back again and I am hoping that after the chinese exchange are regulated again, it will go to moon again.

Bitcoin is not fighting against China though so why would it defeat it, the price fall down happened because of some people that really affects with the news of banning and this Jamie Dimon guy, banning of Bitcoin in China will surely slightly affect the price but if they just ban the mining of cryptocurrencies there then I think that's the time that the price of bitcoin will drastically go down.

Many Chinese people still hodl their bitcoins because they are good at numbers and they know to themselves that banning exchanges to their country is nothing as they can still find a way in accessing it as long as there is an internet and VPN or any other way to breach this ban.

bitcoin value did not come from governments but from the enthusiast who keep promote the freedom bitcoin come to provide for us. Chinese government cannot outrightly ban bitcoin as this system is decentralized and bitcoin did not need governments to realize it potential. I will advise China regulatory authority to stop creating enmity with bitcoin as in future this will affect they government as bitcoin will be use to negotiate international financial policy.

I think China has smartly banned the ICO and they knew the market will fall which happened and from their the big institution or government would have started buying btc and thus they would have made huge profits by now. This will help them for their economy.  This might be a tactical move from the government itself.

It is not a matter of hope, if China withdrew form the crypto market then that will be a very hard blow for bitcoin but that will not be enough to kill it and then after some time bitcoin is going to recover and we will reach normality after a few months, so if China eventually bans bitcoin we will get over it.

Of course Bitcoin successfully defeated China, it's a decentralized network of computers! Look what happened when they tried to stop torrents.

A fact that will shut people's mouths indeed.  People have been boasting that stupid FUDs can take down bitcoin, well I can say one thing to ya,"To your face" dawgs. Wait until China gets back into bitcoin after the regulatory measures are taken, bitcoin will shut your damn mouth because listen up,  Russia has invited mining firms in a place Leningrad, so that they can also contribute a lot in crytpo mining.

Well after the circumstances that bitcoin cryptocurrency had faced, along with the banning of bitcoin exchange within the country of China, still bitcoin can recover and regain its great dump. It just proves that bitcoin is really a fast growing cryptocurrency and capable of regaining its price ratw whenever it came into a dump situation. This only implies that China is not a great lost for bitcoin to loose its consumer because of the dump. In fact, it only proves that bitcoin users are really too big in count that it raises the demand to make bitcoin price rate pump into the initial price.

or it might be china's move that bitcoin wento 4000$?
who knows what those chinese men thinking, they are business minded to begin with but from what i am seeing now with btc, im happy for it :)

I think holding bitcoin for long time without any country problem will make the price of the bitcoin very high so if you want to invest in bitcoin and you are in china it is very easy to search the process to invest in bitcoin and make the trusted site to contact you. It is not good to make only one country be responsible for the down price of the bitcoin as a lot of other countries are using bitcoin and they want to make good income through bitcoin.

It is really good that bitcoin has defeated china even china is one of the biggest countries who uses bitcoin, bitcoin still proves that they do not need china and can survives without them. But if there are still countries who continues to ban bitcoin maybe bitcoin drops its price.

yes we should be thankful with this great news. Hopefully other countries are wiser if they want to ban bitcoin in their country. Because the losses to be received are also large for the people themselves and never affect the price of bitcoin so far in the market. So it will be useless without any meaningful constraints for bitcoiner in the search for profit.

Yeah that's the very nature of bitcoin to pump itself back and start working as it does always. Even we discovered this power of bitcoin at the time of hard fork and now this second well settled proof for the new investors of bitcoin that it can grow normally even if it is taken down by some means.


I'm also excited to see what happens when the regulated exchangers goes online in china. This will be the most historic event to see in my life because who knows the price could rise more than 2-3K once they start investing. This we can tell for sure because we saw similar downward movement for bitcoin price. In the same way it will start rising too. Hope to see 6K plus price at the start of 2018 year. Better start putting all the money into it.

Right from time, I have always known that Bitcoin is the best investment one can make in the world. No matter what happens or.how much the price falls, you shouldn’t panick or get worried about it. Just take it as the perfect time.to buy in. Simple! And for China? Get LOST!

It already doing that as bitcoin already start moving upward and in this run, it will touch its new high before closing of this year. No one can start bitcoin from rising, it was just one week downfall of BTC because of 2-3 bad news comes in very short period of time and market already absorb that and now in rising mode.

Not yet the price is struggling to get a higher price resistance which it had when china was a part of it there is still lot of selling going on it is hard for other traders to stop that to occur when china was a part of this chain it was really hard for anyone to dump the price this is surely temporary as months come people will start replacing them but for now it's just not working.

Bitcoin was never ruled by any specific country and it now came in seen that china had no ultimate power to direct bitcoin toward a lower position.
It is only disappointing for crypto traders of china that their government has snatched trading activity power from them.
I hope we can manage cryptocurrency market alone in future

The price is starting to be good at $3,800 and basically this means that we are able to overcome the Chinese drama's and FUDs of Jamie Dimon.

Bitcoin did overcome but I won't consider that it is successfully defeated China. There's no competition with China or something like that.

It's just their gov't tries to regulate bitcoin.

The issue with jp morgan is probably over but the chinese fiasco i think isn't over just yet. There are still exchanges running and people trading there and the government hasn't cracked down on everything yet but bitcoin has shown resiliency so whatever happens in china likely won't have that big effect of btc anymore

This proves that bitcoin users other than china more dominant, when there is information china banned bitcoin a week ago and the price drop, I had thought the price will drop below $ 1000, but my guess wrong and now the price is stable and close as before there is issue china banned bitcoin .

Indeed I agree in this. China is not the only one country in the world, I mean come on there are bigger and powerful nations out there who will invest big money in the bitcoin or altcoin projects. It's just the news that will keep all the hypes of china news and letting us feel like we are in danger of loosing our money. But no, that's not the case by any means and other countries will out all the efforts in it to grow bitcoin as they know they have to make it part of their countries.

Well, even if bitcoin is banned in china, there are a lot of other countries that will take china marketshare. There are a lot of people that want to buy and believe in bitcoin.

its best when they are around though. soon they'd be back right when the regulation laws are furnished. it won't take long and much sure, BTC will rise up again with its new ATH  again. keep your coins for now and let it grow. the chinese law is the solution to the mass adoption soon more countries will use the law.

Yes china is defeated by bitcoin and china has many investors but he did wrong to his own peoples. And Chinese people will suffer this badly and as it doesn’t matter china is with us or not many other nation has joined forum and the rate of progress will increase sooner.

I also agree with you, bitcoin will never disappear. although some mention that bitcoin is a fraud, but in fact bitcoin is now more and more demand and its value has gone up again after china market closed bitcoin.

With or without china, we will continue our journey with bitcoin and for sure we will have some real progress in the next months because the popularity of bitcoin is getting wider and more people are now getting in touch with bitcoin and they are preferring bitcoin rather than stock market because of the fast growth in bitcoin that can give them great profits.

Yes with or without china we'll continue our journey with bitcoin, the bitcoin price is recovering and yet to reach new all time high but it will be slow compared to if china is supporting bitcoin. China was a big country it will be a big help if they support bitcoin. What they have done will become a warning to other countries that banning bitcoin would not do anything good.

The price of BTC seems to be doing just fine. If someone calls this a bubble they ain't seen nothing yet.

Not that really over, I don't know if this person Jordan Belfort the wolf of wall st is a dog of JP Morgan Chase Ceo Jamie Dimon.

As he's supporting the statement of Dimon about bitcoin being a fraud.

And for the Chinese issues about ban of exchange it's just going to happen for awhile as there are news around there it will be off after the communist congress election there.

That's something to be proud of. Because of what happened, almost all crypto market are down including Bitcoin. From 4800$ it dropped to 3300 which is aajor downfall. And currently, seeing Bitcoin slowly recovering from what happened also proves that it will still manage to climb its way up without China. Hoping that it will continue rising for the next years to come.

China might remove the ban when thwy realised how much they missed in they can earn in investing in ICO and on some exchanges. I believe they juat want the btc to dips to got the opportunity to buy, as well as those guys who will buy btc too when they succeeded on making FUD again

It appears that you are correct. Bitcoin seems to have shrugged off all negative news out of China. Of course we still don't know the whole story about China's stance on Bitcoin yet so the price could be further affected, but it looks good so far.

Additionally, even if China were to ban Bitcoin and Bitcoin exchanges, citizens of China will still find ways to trade Bitcoins on foreign exchanges and will also secretly mine Bitcoins as well. There's really no way to stop Bitcoin in China.

It's been said that they will remove the ban possible after the Communist Congress Election and that's in the mid of October.

They are businessmen and the reason that they want to buy at dip is there.

Let's just stay tune for more news as October is one of the most crucial month of  this year, why? Look on what happened with the bans and it was the time we'll see the effect of the upcoming hard fork on November.

for sure,china will remove their banned in bitcoin after seeing that bitcoin will not be affected even they banned it into their market and they wil market it again so btc will rise more to the moon.Btc is too strong enough i think and no one can easily wipe it out in crypto market.Well,congrats that we know bitcoin,it is really a big help to those who not work like me.

No one can stop bitcoin. I just heard that China once again will ban bitcoin exchanges for real after of their failed attempts but i strongly believed this another try will going to fail too. Moving forward lets forget the Chinese lets focus on how we can be on board when bitcoin will reach $5,000 at the end of this year and $10,000 for the next year. We must not waste our time thinking of our Chinese fellows.

Yes, but this is only one country banned and if half the world, then there are two options, or everything will be fine and the price of it will be sky-high, or an underground option. And only China, who wanted the latter already was stingy and waiting for the price is twice as high.

Well, I really do hope that. It has been proven that bitcoin can stand alone without China. This only indicates how bitcoin is powerful that no country can break its strong foundation. Even though its value drastically drops because of China,but now it pumped back. And for sure, bitcoin's price will keep on kicking now that Japanese government embraces bitcoin.

China now proven to becomes useless partner for all bitcoin enthusiast. With their failed actions, they've just teach us to not to be afraid of them and we can now moving forward with or without their support bitcoin and altcoin will live. I've just heard that there is an another attempt to ban their bitcoin exchanges for real again but i believed they will have the same fail results too.

No China never banned Bitcoin, they banned people from trading cryptocurrencies with their own fiat currency mate, it was never about what Bitcoin is

And what it can be, they just didn't want their Yuan to get dumped, did you even know countries like US were buying Bitcoin with dollar and then

Converted the Bitcoins into Yuan to dump billions of dollars of it all at once to inflate China's economy. now they'll know who is behind every single

Exchange taking place after they issue license for them.

Bitcoin will be successfull and stronger even without China. It will stands as long support continues from the user itself and the community. Yes bitcoin will being recovering price will sky to the moon.

China is still a big threat and big help in bitcoins,it can be called the death and birth or support of bitcoins,china has the most numbers of bitcoin users and exchange,besides exchanges are only regulated and not shut down from what i have read

Bitcoin looks stronger, but I don't think this could have been this strong if bitcoin was not supported by China. Once again after the price dumping it has started to pump up higher. In future the situation might change when more countries start using bitcoin same as the Japan government.

I guess you mean it won't be defeated by China? It hasn't quite "defeated China". That will only happen if the government there completely reverses its policies towards bitcoin.

I think the issue released or happened strengthen the community and industry more. This clearly shows the survival power of bitcoin. Bitcoin cant die, bitcoin will never die. Let's just hope that it will continue to grow in a long run , because as far as I see it , it is going so well and promising. Keeping my funds , and will still keep it no matter what scenarios may comes in.

That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.

Exactly right, Here I myself seeing the bitcoin since 4 to -5 years and also seeing that how the rate going changes much.
Here when I was in the starting then price was about 200$/btc and people were taking that if the price will reach to $500/btc then we should make sure ourself that it is a type of fake pumping and we should use that opportunity and sell directly. But in actually what happened we are seeing already, Here day by day price increasing and day by day negative and positive things we are seeing about bitcoin but still even in these circumstances we see that bitcoin growing with better power and potential like a legand.
Here i am. Sure that not much impact we will. See, if China will ban The bitcoin, but still i am sure nothing will happen against the bitcoin users descion.

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

It's because there are something government manipulation if they will used the coins own by there government and its unprofitable for them since I think the price of the coin might became stable and only move slowly since we all know that government would not let it defeat there own physical currency. So that's why I think chinese people will still push to use bitcoins since the profit and flexibility of it is so wide.

It highly depends. If you look at the large portion of the average joes, they highly value anything coming from their government, because their government is the only entity to be trusted when it comes to issuing a new currency. I often see how certain news channels 'describe' Bitcoin, but then explicitly points out that Bitcoin isn't issued by the central bank like is the case with fiat, and that exactly there lies the danger. ::) You can bet your money on it that a whole lot of these average joes take this very seriously - for them the government is the central point of everything. It's a damn shame that people don't have the balls and self respect to step out of this system.

We all feared these much days that bitcoin would lose its value if china does not support it.But bitcoin has proved that it can survive and also succeed without china's support.Bitcoin's price is now $$4,178.Its because there is a huge buy wall all over the world especially,japan and south korea.The loss is only to chinese investors and not to bitcoin.China's actions are in a way good for the progress of bitcoin,but in a long run.

I bet there are still a great many Chinese holding crypto-currency, ban or not. It might be harder for them to use it at China, but there are plenty of other places in the world where it can be used, and many non-Chinese exchanges.

Yes, now the price has been more than 4k, with or without china we still able to increase the bitcoin's price, so this proved that one country cant defeat bitcoin, there are so still many level of support coming from other countries

If they launch their token people must use it. On that country government is very strong and if it's say something, their citizens must accomplish. If they want their people using their own token, people will use it. Those who continues using Bitcoin without permission can be severely punished. Anyway, good to know we don't need China to keep Bitcoin expensive and rising.

This thread really make sense and Op is right. China will comeback again as they're planned doesn't work out as they expected it to be, they want more than attention but a share of relevance and importance in bitcoin community. They want bitcoin to down and they will make they're own but they can't predict or even contol bitcoin as a whole with the support of loyal investors and users who are believers on bitcoin future. China suffer they're own citizens not the whole market.

i expected this to happen, nobody can stop bitcoin indeed! chinese traders will just shift to another exchanges that are not under the control or regulation of chinese government!

Of course this will happen. Nothing can stop the rise of bitcoin, not even stupid chinese government that is scared of btc taking over.

 I am very confident now in a strong recovery , FINALY bitcoin can defeated china. Hope it is succeccful. Then the bitcoin price will rais the max 10k$,i think it is very good to everyone.

Chinese knows how to duplicate, they are also mathematically gifted therefore creating another token or coin that will challenge bitcoin would be possible the only problem Chinese Government will face is the support from the outside users (which is not chinese residents). Maybe they will get support because there are lot of money flowing in China, so this is really possible.

i think we are in a new phase and we're gonna see bitcoin price increase again. no matter what is happen, bitcoin become more stronger and so do the other coins. chinese can not do anything because bitcoin is supporting by many aspect especially the community. so they will regret that they made their decision to banned bitcoin and they will join again later.

That was only a chance to down the fame of bitcoins. Chinese government better know about the future of bitcoins and they are not such fools to avoid and ban it now. So such little turmoil may happen in future but don’t be sad, bitcoins will definitely conquer the future.

It is the greatest achievement of all the time chine was bit proud that without him bitcoin will not survived but it survived and now recovering its prices and it is proved that no one can dump it and it will get a high pump after bit dump so invest and gain profit and enjoy facilitation.

Exactly, that happened as no can stop bitcoin and it seems unstoppable right now. The price has already crossed the mark of 4200$ and still, it's increasing. The Chinese ban proved to be a little hurdle and it successfully survived from it. As it is still rising I believe it will hike even more soon...

I don't think the price will rise that much once China finishes regulation and exchanges re-open. I guess that most people sold their coins and moved to other exchanges, so they will probably just stay there. Of course that maybe more people will buy bitcoin, but the suspension was never really an issue. Bitcoins could still be bought with the use of a credit card on another exchange, so I think the market kept evolving normally.

Of course that "surviving" this regulation was a great test for the community, and more people will invest now, since the market look solid now.

I told you that dont believe the hype, bitcoins are just dropping for a short period of time. I've been in this situation before like in before the segwit. The value almost drops tremendously and what did you do? You all panic sell your bitcoins and now what? After the segwit yyou didnt have the profit that every believers got. Because after that the bitcoins value rises and almost doubles the price. And now the chinese incident, some do not believe because the are afraid to lose money. You need tp be brave in this to be successful.

Well yes it's true that bitcoin sucessfulky defeated china and had escapes from the struggles in china. Bitcoin proves that they no longer needed china and it is completely useless when they started to banned bitcoin in their country because there are still many people who still use bitcoin and believes that bitcoin is the best currency.

I think Chinese government was I'll advise on this and they just do what will seriously affect them in futures. I can see that China trading volume has reduced drastically and one thing that is certain is that Bitcoin cannot be stopped.

The People's Bank of China (PBOC) was among the number of government authorities to deem ICOs as an unauthorized fundraising method. This is certainly the Chinese state laying down the law and threatening all and sundry. The cryptocurrency crackdown was expected to be due to "unreasonable abuse" in the Chinese market.

Still, losing China is a major loss to consider, thinking of how it negatively affected Bitcoin and made all crypto market to fall. But that's a good sign and good to hear that Bitcoin is able to slowly recover and again, to reach 4000$ without Vhina. This thing only shows that Bitcoin already grew that it can still withstand promblems such as what happened. Maybe at the end of this year Bitcoin's market price will be back to its price before the backdrop or even higher.

I have never ever considered that China was actually trying to kill bitcoins. Moreover, I think it will be back in few days. Whatever they did was necessary for their economy and local currency. China supports digital currencies and its concept. I don't like them spreading fear but I think we must not get influence by anyone else's decision and trust bitcoin potential more.

Chinese were trying to make the bitcoin down but it is not the time to make it down yet the price and the value of dependent on the bitcoin value. Bitcoin will not be affected by the loss of it will take the bitcoin go high. The price of the bitcoin is depending on the people who are using bitcoin. The value of the bitcoin will grow as the time passing and it is increasing.

I still believe in bitcoin without china coming back into the action. The prices are fluctuating for me when it was 2010 and it is fluctuing for bitcoin in 2017 and I don't believe in china really. So I still had my investments up there no matter what happens.

Prices will pump always so I will keep my investments ready for bitcoin and do it whenever I feel like doing it in first place. The ideal thing to do would be getting your investment done without relying on anything and you could win the market with a clap! Hope to see some good profits next week or so.

Even though bitcoins win over china and they already legalized it, Other countries are not yet safe from being banned. The lesson is, Do not use bitcoins for illegal transactions so we can still profit money from it continuosly.

I think as far as role of China is concerned, China was only trying to take control over Bitcoin so that it can get as much benefit from Bitcoin as he wants. But the fact is China failed in a very bad way.

All the plans made by Chinese went useless and it is Bitcoin once again who managed to take lead over all the things.

Well, it is a nice topic to discuss as  everyone is fear of China dumping bitcoin due to its rules and regulations. At least we know that China is not the only big player in btc now.

they will be back regulated. And one of the biggest points of the regulations will be partial ownership for some of the comunist party guys. In the end this is all about geting a piece of the pie. And the chinese government, being comunist non democratic can easily nationalize part of the business and then continue to gain with "foreign" capitalism.

Don't underestimate China. It is important not to allow the Chinese government to use bitcoins in China or not. Every 6 people on earth is Chinese and they have been and will remain the owners of a large number of coins. It can not influence the market of cryptocurrencies.

Not until now, the price was pumping and it looks like the fear to China on cryptocurrency drama is now over as the price started to reach another good rate. And let's expect when the ban was lifted to their ICOs then there's a chance that the price of bitcoin can go up as we never expected that even with those ban the price of bitcoin started to have a good rate.

In my opinion, there is nothing in this world which can stop Bitcoin to earn more good reputation in the international market. As we have seen the efforts of China in order to bring down the value of Bitcoin but that didn’t have any bad impact on the reputation of Bitcoin. Bitcoin will keep on rising high in the future.

This is a time of celebration for bitcoin holders that the most useful and amazing digital currency has successfully passed the storm created by China in order to destroy bitcoin. This is what really attracts people about bitcoin. Bitcoin are not controlled by anyone and they have provided freedom in literal meanings to the world. Bitcoin are unstoppable now.

China is now past think about the more new comers who are joining now be ready to secure profit because it is coming sooner, Chinese wants to hold price in their hands but bitcoin proved one thing that it is not depending on any region and in future china will regret about their decision and will be to join the community of development.

Yeah youre definitely right that bitcoin overcome that crisis and recovers quickly i see that the $0.80= 1 btc to $4200+ = 1 btc is not just a label so im glad and also hyped that i can see the no joke bitcoin comeback i guess it is a legend at all  soo im already investing some enough mony and leave it and wait to thr year end and hoping it will reach $5000 or more lets get right to  business boys lets get this opportunity and wait for year end or plus too then celebrate or gift ourselves lol for the bitcoin sucess and you too. Bitcoins development is truly interesting and hyping lol so exited to whats happening next

We cannot deny the fact that China contributes a lot in world's economical status just like how this country became so influencial in terms of trnasactions and tradings here in bitcoin, rumoredly stated that they banned bitcoin in their country frightened most of us since they contribute alao in bitcoin's price which is totally visible when it depreciated at 10% rate and it triggers the speculations that bitcoin will soon be gone, eventually bitxoin has recovered its amount and slowly gaining the loss again because of the new cohntries who legalized it as part of their lives, so definitely China doesnt defeated bitcoin.

Please see that latest data of the market capital in each country simply by seeing the local exchange of china. they currently have rather low amount of trading volume in 24 hours compared to when the regulation hasn't been released yet. By that, you can assume that all the money were migrating to other country as well as the bitcoin that china holds, you're too scared of something nonexistent.

Well, not totally defeated because the main reason why the bitcoin decreased is due to China banning the bitcoin, and some Chinese market didn't stop regulating which helps in rising the value of bitcoin. We can't really deny the fact that China contributes in bitcoin market. But I love the fact that bitcoin is proving itself, China banning the bitcoin doesn't really made a big impact.

There is nothing wrong in believing that bitcoins are the most expensive and flourishing crypto currency t present and people are highly attractive towards this nee kind of currency. Bitcoins are highly expected to rule to world economy in the coming years and this is the reason why banks are afraid of bitcoins.  

I'm a big fan of bitcoin. The society of bitcoin make China enjoy a had defeat came from bitcoin. Now the only thing the Chinese government can do is cryring over the bitcoin and mining facilities they will lost or they already lost. The future of bitcoin is shinny.

Actually it's not cause of the China exchanges, noone can control bitcoin at all, they can just dump price of bitcoin in a while not forever. Bitcoin's possibility of Bitcoin isn't only depends on China. By the way, i got news that many traders in Bitcoin still can exchange crypto currency at Hong Kong , which city Bitcoin isn't prohibited.

There are still more fights to come as time goes on, so do not expect this to be the last. Like I always tell people, that this is a disruptive technology and so many greedy sectors will be affected and they sure won't want to not make a hell as time goes on when they see it is getting out of hand for them. However, like what has happened, this will make them to realize that they cannot stop bitcoin and even china has come to realize that after all these years of trying the same thing over and over again.

Im also big fan of bitcoin. Bitcoin come any all countries and there society enjoy bitcoin and now one can stop it .chain trying to stop bitcoin but they failed. The future of bitcoin is too much bright. I love bitcoin

There’s no doubt China has used its buying power or the reality that they have more mining farms than other country combined but it doesn’t work actually because of one mistakes.. They over estimated the time on when it should have been done,, if it happens june or July maybe a big impact on price is possible but it is after a bullish run on August fork is no good timing to them..

It is just a tough proof that bitcoin can still stand out despite of the action that have been done by the China which was the banning of bitcoin exchanges in their country. China's loss within the bitcoin community may have a direct negative effect on the bitcoin's price rate but it does not imply that without China bitcoin will die. Bitcoin just proven that with or without the presence of China around, still they can regain their loss and continuously operate for the sake of its users.

Bitcoin survived China, what a day? And Chinese exchanges currently set out to operate in foreign countries, so that's not a big problem at all.
People are now more confident to invest their money in bitcoin and other cryptocurrencies than ever as they see how market recovered in no time after China's action on cryptocurrency. Bitcoin now shows the world that it can still survive without the investors in any of the major top economies in the world.

Yes, China contribute a lot into crypto world and we can't deny that the reason of having a dump price is just because of China. But bitcoin is strong enough, impact from it's fall it slowly rise again and come back in the track. And now China is just nothing from bitcoin, since they leave it makes another countries to come just to support bitcoin and crypto currencies.

China just nothing to the bitcoin right now, but the possible thing about the china will be given the big bullish if the pboc will try to opening the gate to the bitcoin to be legalized in there.

Using bitcoin as an illegal transaction cannot be ruled out. Even before bitcoin came to play, illegal transactions have always been going on. It is left for each country to find out how they intend to manage that probably with the help of exchanges which I believe is what will happen at the long run. Moreover, China did not ban bitcoin except ICOs and shutting down of exchanges. A time will come that these people will realize that bitcoin has gone too far to be banned.

I wouldn’t go so far as to say that BTC has beat China. But i don't know what is the reason make China's goverment banned the cryptos trading system when looks like it's really potiental. I think it's just a politic solution for somethings that communism can not control.

Bitcoin is a digital currency and it is popular to the whole world. Bitcoin in china is not banned forever because it is not possible to control bitcoin so it’s true that bitcoin rate is dump in chaina but its not forever and also bitcoin is a digital currency and it is used in the whole world not only in some countries.

Bitcoin can still survive even without China. For this reason, bitcoin recovered and back its price with a good feedback. After banning ICO in their country, they'll get nothing and may it's the start of losing their industry. We should disseminate the bitcoin word to the good investors to stay the price up. Bitcoin can give us a good communication with each other.

Chinese government has always been known to usually take some drastic measures even in the past and I do not see how this is any different. I would not blame them, since they are just trying to play safe and would not want anything to affect their policies. A time will come anyway, when they will retrace on the exchanges and find a better way to make it work out.

you are right my friend. because of China banned bitcoin,  the price of bitcoin fall down at 3000$,  which was do painful matter for all bitcoiner. but bitcoin is start to growing up and now the price of bitcoin is around 4350$ and still raising up without china. bitcoin teach china a good lesson  ;)

It appears that Bitcoin can still be as this successful without China but still, China is a big loss for cryptomarket due to its huge influence. But seeing Bitcoin's market value rise, without the help of China and after a major downfall that made its value dropped to 3300$ from 4500$, it is now again on 4200$ and is still rising. This also proves that Bitcoin community already grew that even if without China  it can still make a high market demand in Bitcoin that makes its price expensive.

Honestly friends, whatever China did really shocked the whole bitcoin community and it affected the price very badly. A country that was one of the biggest supporter of bitcoin doing something against it all over a sudden scared the holders also. People start doubting bitcoin and sold out their asset also. However, I don't think so that China aimed to kill BTC and soon it will be back.

But the decision of the Chinese government still can make the price of Bitcoin drop down again, you can not negate they have power and influence to do that. A decision from a biggest country on the world enough to affect anything, even Dollar :)

Yeah right, now bitcoin has started to increase again after china problem. But we must be wary of China, because it seems that china will not stop here, maybe they will come back and make a bad situation again for bitcoin value.

Bitcoin is already stepping up back and we should definitely expect a huge boom soon with all things being equal. It has been able to manage to break $4400 even without china and that I am not surprised. With the whole support going on looking at the charts, I will be damned with what will become of bitcoin before this year even ends.

Let the Chinese state feel its own consequences and the risk is enormous because if the country at any time wants to rejoin a program it must start from scratch again. Perhaps after this warm news emerged China began to feel that it has experienced great regret because there is no major influence after it prohibits ic in the country against the exchange rate and chances in the next year China will return to this forum even though the time required is also very long.

It is the good news for me, now the people are using bitcoin for the long time investment in here china as well it is nice to see the country like the china accepting the bitcoin again. Bitcoin is very famous in a lot of the countries and the people of the other countries are getting into bitcoin so the value of the bitcoin is growing in china as well.

I doubt they had lost something, in fact they were able to buy bitcoin under 5000 dollar and under 4000 dollars for a long period, soo im pretty sure they had made a nice investment on the last days, sure they had and still having a big influence over bitcoin, since big miners are located there, but what we had were a way to say we can survive without them.

I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate  or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.

I don’t know why people cannot just stay away from these evil things. Bitcoin is one of the best creations ever made by man. Bitcoin has helped many people in living a stable and happy life. So many people are now dependent on bitcoin for earning their livelihood. Bitcoin have given hope to many who were living a depressed life. We should not sue bitcoin for illegal purposes.

Good news! Bitcoin quickly coped with the Chinese crisis and the price is rising again! Congratulations :D

After ban china on BTC it was really a tough period for cryptocurrency. The cryptocurrency come down sharply due to negative sentiments.BTC come down to its half price and is was that it will never touch $4000. But it is the strength of BTC and cryptocurrency. it regains it value with leveing china back. now it is proved that no country can effect the BTC it is safer to invest in it every time.

From what I know not all the exchanges there is closed, I think there are still many service running and many Chinese citizens are still buying coin, so we don’t know is this because of the power of Bitcoin or we are just lucky this time.

this is where the role of decentralization work, Bitcoin exists because it’s used in all over the world and doesn’t depend on only one country. I'm sure we can breakthrough to $ 10K in the near future without having to rely on countries that reject Bitcoin, it's a good thing to raise their economies but they rejected it.

we are just facing a country, there are still many big countries have big bitcoin market too, I have read India will create a coin named 'Laxmi', it’s because they think Bitcoin can be misused for crime. so probably India will catch up and we will experience shock again.

Yeah for sure it is the best news for me because it is showing the importance and the value of the bitcoin the bitcoin is now more powerful as compare to the other currencies, the china is only country that did not accept the value and importance of the bitcoin so now the matter is solved and the people of the china are accepting the bitcoin.

This is one of the keys of why satoshi created bitcoin as a decentralized currency, when the first centralized systems of file sharing were created the owners were prosecuted and faced a lot of legal battles, this ended with torrents, since there is no way stop that traffic and the same principle applies to bitcoin, it is impossible to stop, governments cannot just forbid it because they have no power to stop people from using it and this is why countries like China are struggling to find out what to do with bitcoin.

Someone can not get benefit from Bitcoin, that is the reason make them want to sue Bitcoin is illegal and want to make us feel tired. In my country, I also see a lawsuit about used Bitcoin to buy daily needed, but he does not know the government still do not accept Bitcoin and this is the reason they will have any rule for it ;D

I was this thought in the beginning as I know all the things about bitcoin and I have the knowledge that how much faster the bitcoin is growing so I knew that it will grow again in value that is why I kept my bitcoin in my wallet and now I am very happy.

So basically they are just cleaning up the trash and purifying their country digital-wise that is. Making every ICOs and projects have a license or something is not a bad idea to know who are legit and scam. Although this plan is just being plain selfish and all, but then again its not a bad idea. Good of them, even if they've actually make a little difference to the current value, but it recovered now so its fine.

Yes this bitcoin is for us who want to become successful, when the china ban this, honestly i panic because i though that this is the end, there country is powerful and has a lots of exchanges and benifits if they are with bitcoin, but when i see the bitcoin price back to its price, its a relief.

I knew it at the first time that I've red the news about the bitcoins and other cryptos are banned in china. I knew that bitcoin can survive that without them. And look at the value now, bitcoins are on their highest peek so far and it is without china. What more if china will be involved again it will be a great opportunity for us investors. I believe you that aftèr knowing this fact chinese will come back again to the cryptos and we will be all rich in this stuffs.

when the price down you should buy it. hardfork and other event make the price down and it good to buy.
sell if the proce on top. we can see when the price relative stable in one time sometimes, it good to sell your bitcoin

This bitcoin is REAL!  So much strong cryptocurrency ! So we dont need to panic if some country ban the bitcoim becuase we know that bitcoin is so amazing just earn a bitcoin and wait for it maybe you'll become rich someday. :)

this is one of the reason why we don't need china to grow. bitcoin google facebook and other site banned from china but still earning money. we don't need china. bitcoin price raise up now up to $4800 and soon to surpass the $5000 price. I'm getting more excited from the price changing of bitcoin hope it reach $10000 per bitcoin so i can make a lot of earnings :D

China's main reason of banning facebook and google is to keep their citizens data offshore and to make their own product such as weibo and many more be used by their own citizen, such a good move to make their own ecnomony independent from other country,can't blame them for it,but, ofcourse, without china, all of those companies still have wide coverage to other country around the world.

The decision made by china is cutting them off from the outer world and they are neglecting the Importance of the most profitable coin of the world and bitcoin proved that china is nothing and bitcoin can survive without Chinese and after all the market down situation the prices are crawling up and will go beyond the limits and that will be the china’s defeat day.

Yes, China has lost to Bitcoin. Bitcoin has pumped again. Bitcoin price is now $4800+. https://coinmarketcap.com/currencies/bitcoin/. Within some days it will reach $5000 in the first time. Nobody can't stop BITCOIN.

China indeed took some wrong steps in arrogance china thought that they are going to control digital currency in this way. China is though ruling the economy of the world but not in digital world. Bitcoin is the legendary currency and I think this currency is not going to be ruled by anyone. Bitcoin is the strongest currency in the world. Bitcoin is going to be the only currency in the world in the coming years and I hope after some years bitcoin will be use every countries very easy and without any restrictions.

eventually China will be the main adversary of crypto, too many post about that bitcoin is stable now, but is really stable, that the price reaches the clouds in weeks is synonymous of stability?

Yes precisely bitcoin defeated China, and now it pumps up again, But sadly to say, Im losing my capital to buy a piece of btc due to emergency situations. Its very interesting to hear the good news about the increase of its value. Since i don't have money yet. Another game plan for myself, I have to work thru sig. campaign and its time to work hard. back to the basic. :)

Right from day 1 I knew that Chinese clamping down on  exchanges will be temporal and it's evidently pulls down the price of bitcoin for dome days, it is  a good news that bitcoin is heading to 5K, bitcoin had broken all the barriers and obstacles affecting it especially the resistance level at $4200 to $4400, and more to it is that SegWith2x is coming and could push up the price.

I would say that btc has prospered inspite of the Chinese Governments efforts to shut down exchanges. It was, after all, the Chinese who brought around the first boom in btc. So, not really a defeat, except for the Chinese people who invested in btc and the miners. tho I'm sure they have ways to get around this restriction.

The tough time has gone now and bitcoin survived through it easily and proved itself, and one more thing come on screen that bitcoin is not confined to any region or not the slave of any part of land it is versatile and it don’t depend on any region, the defeat of china was predicted earlier because bitcoin has investor all across the world and they will not let it down.

Yes we are free to use the bitcoin and it is more than enough for us. The power of the china is very high but if we will wait till the other countries will start supporting the bitcoin we will achieve our aim. A lot of the people like us are trying the hard to have the bitcoin and to make the life easy. So I think a lot of the countries are supporting the bitcoin now.

Dont be confident if BTC goes up without China. Bitcoin is a yamashita treasure in the eyes of the government. Just wait once Bitcon has reached the $6K TOP and go down to $4.5K, expect this: It cannot go up to reach the 8K. I believe Russia, China, Korea, and Japan would create a massive campaign to ban BTC, shut down exchanges to let their people give up their hard earned Bitcoin. So they can buy all the dumped coin in the floor.

This would trigger the Bitcoin bubble explosion.

I don't believe that South Korea is ever going to do any steps against bitcoin.

Seems like the country is very strong and pro-bitcoin, with thousands of merchants that accept bitcoins, I can't see it going off anytime soon.
But, I do believe,that Russia could be involved in a movement against bitcoin as their government is very much anti against things that could represent freedom.

Anyway, russia is not a strong player in the cryptocurrency scene, and I can't see how could they reflect the price much.

Yes, I also think that this event just shows that not even the strongest of countries can ever take control of bitcoin, they can try, but I think no country would affect the way the bitcoin goes. Actually it is an awesome news for everyone of us here on this forum, as well as anyone who believes in bitcoin.

bitcoin prices have indeed fallen due to chinese decisions banning bitcoin, but bitcoin managed to defeat the Chinese government, now the price is back on the right path, bitcoin is heading to the price 5000. continued success for bitcoin.

I agree with this. China is just one country although they have lots of bitcoin miners due to low expenses but bitcoin is used and trade by all the people in the world, therefore the decision of one country will never affect bitcoin. That’s why we saw that after passing some time of the Chinese decision about bitcoin the price of bitcoin is rising again. It seems that people have rejected their decision.

I believe, this is just a statement from bitcoin to the world, saying no matter what you do you cant stop me. Now, even if bitcoin gets banned by strong countries , it won't be affecting its value and it will continue to increase it price. I think, bitcoin is gonna be unstoppable now.

There is no doubt in this fact that bitcoin has successfully passed the exam. China must be regretting her false decision of banning bitcoin.

Bitcoin is the future and present of the world, any country who will refrain from using and enjoying the features of bitcoin is going to suffer a lot. All wise countries have already made bitcoin legal for their people. They really seem concerned about the welfare of their people.

Its not about Bitcoin V's China, its about China being able to embrace Bitcoin and other crypto currencies in a way that their citizens dont get ripped off in a systematic way. There were a dozen ICO's a day goin on in China, and half of them were pure scam jobs, that was very bad for crypto in the long and short term. I think that there will be some form of oversight in China announced after their party conference at the end of this month and business as usual will resume (minus all the scams).

A month ago things where in turn moil with China intervention on ICO ban and exchanges banning which was really bad for bitcoin. But also is it a possibility that China government or some institutions started buying hugely after the fall and thus this has helped the price to be on recovery mode and reach above 5k today.

Bitcoin has crossed all previous market records and is now $5118, a weirdest experience first ever in economy.
This is an obvious truth that we alone could manage the cryptocurrency market without china's interfere.
Let's see how skyrocket bitcoin further.

Thanks for that,, I have checked the market price after reading your post.. This is really amazing in many ways..

Any country who want to challenge bitcoin community will be just a laughing stock after this huge increase in price that I though would happen by the weekend but it goes beyond my expectations.. This won’t happen if china still around with bitcoin.. It is better this way they’re not part of this development for them to realized that we can stand alone..

Price chart shows that bitcoin is not confined to any region and nobody can take over on it is strong and will stay strong and most valuable coin of era also, Chinese were thinking that they will control its prices but bitcoin proved that it is no depending on any specific region and has a lot of investor all over the world who want to see it progressing.

China does not accept Bitcoin, which means that Bitcoin sources will be moved to new markets and become more profitable. Besides, Bitcoin is developing very well and it proved that despite being banned by China, we are still extremely developed. I think that China's banning of Bitcoin does not hinder the entry of Chinese investors into Bitcoin, and China will eventually accept Bitcoin or quietly see its development.

It is well distributed really compared tp the past where China has a great portion of the market's movements but now is a different story. Anyway, governments sjould try to acknowledge the opportunities that Bitcoin is giving then release a movement in legality and enforcement and not the other way around.

Chinese government made this decision to control bitcoin price in their hand and they just make loss to themselves because bitcoin has survived through its hard times easily now Chinese are ashamed that they did this and now they are thinking to hold up the ban and continue bitcoin in their country, they know very well that bitcoin is not depending on them.

You just have to compare the volume before the ban on chinese exchanges, its not the same like 2-4 years ago when most of vol was in china so this was just big fud, I am glad its over

Bitcoin is a digital currency and it is popular to the whole world. Bitcoin in china is not banned forever because it is not possible to control bitcoin so it’s true that bitcoin rate is dump in chaina but its not forever and also bitcoin is a digital currency and it is used in the whole world not only in some countries.

Chinese citizens are very famous by the world as people who like to invest without seeing any risk, there are 20% bitcoin users who come from China, I also thought that CNY will experience long-term inflation and it turns out right, the government is not able to regulate well and ultimately prohibit the participation of its citizens in ICO. This comes after China froze their crypto market in March

I concluded that the government failed to regulate the bitcoin frontally and eventually issued an attitude that greatly affected the bitcoin price some time ago. This can already be called the defeat and bitcoin victory over them.

Chinese regulations authority decision to ban bitcoin and others coins activities has reduced their influence on cryptocoins market. Many of the exchangers create a lot of panic by closing they business but today bitcoin is now above  $5000 because of the demand for it. We are expecting good days to come as bitcoin was not made to be under governments control.

Generally I do not know How the government will act with respect to Bitcoin, if my officials save their money to hide them from the tax, I turn my attention to the crypto currency. It seems to me that they are not interested in Bitcoin being implemented. The best is to hide illegally acquired property and finance in illegal instead.

Chinese government can't control the Chinese people betting mania   ;D

Bitcoin is decentralized  online transaction system so no country has a direct control over it. A statement or a ban by a country can temporarily drop its price but it cannot have any long term effect. For example when China banned  ICO's and Exchanges, there was a huge drop in its price. But people were having trust on it's potential and they started investing more.Within a week the price started rising again and within one month the price was back to its original value and was raised even more. Now Bitcoin has reached its all time high value i.e. approximately 5300$. So yes we can say that Bitcoin successfully defeated China.

^ I think the Chinese goal is banned Bitcoin to keep the price down. just like the Russians I saw on Bitcoin banned news too, I think this is a game for Bitcoin prices to go down, then they buy it back. we know today Bitcoin price has reached over $ 4500. very high!!

Even the strong countries as you have so called them are just trying their luck, trying to stir the water a little bit as they know there is nothing they can do. Eventually, they won't have any choice than having to switch lanes and some of them may still take a little while out of pride or stylishly get in without any news.

It is normal, it we look at the number of times China has made an attempt on bitcoin and still making the attempt, then you will know they are just mainly noise makers.

People have already stopped considering china when talking about bitcoin and bitcoins movement. Effect of china or for that matter any other country on bitcoin's performance has crossed borders of any country. Once upon a time china exchanges has that power, now no one country has it. This year kick started bitcoins progress free from any country's influence. I mean bitcoin price gets positive effect whenever a country adopts or shows good signs about bitcoin. And at same time any negative sign from country shows some dip in price however that dip is covered up so quickly that new all time high is scaled in that process.

China is slowly understanding that the more they get out of bitcoin the bigger it grows, they thought that with their tactics they could scare people away but instead the community is becoming even more supportive of bitcoin and now we are seeing the consequences of that trust, another all time high.

Sure! Whales are always involved but I believe this situation of a huge spike in  price is as a result of what is upcoming. Most

people like me, have quickly diverted majority of their funds into bitcoin knowing some free airdrops are coming by pretty soon and who would ever want to miss such a good chance for good cash. This has made the buy in into bitcoin get huge and I am just happy we finally hit the record finally and looking forward to next target.

The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.

I'm happy with this, and this is proof of and enhances the sense of optimism for all bitcoin users about the future of bitcoin to get better even though many countries are banned bitcoin. I'm sure more and more countries are banned then bitcoin is getting popular.

Only a fool or overconfident government can take this foolish step of banning bitcoin after what happened to China. We all know that bitcoin is damn popular now and it has users around the globe. We cannot stop bitcoin now from ruling the world and becoming the next international currency of the world. I don’t find a single reason for which bitcoin could be controlled by states.

Chinese give huge loss to the bitcoin and this shows the strength of bitcoin that how it survives from that situation easily and those who are still in favor of china will see that china will beg to rejoin, now there is no possibility that bitcoin can be controlled it defeated Chinese in good way and the investors from all over the world make this happen and they will get profit soon.

Yesterday bitcoin soared very high despite all prohibitions. I believed that he could grow even with the prohibition of China. Only the Chinese in this case are very much losing.

Honestly, sometimes we always end up blaming the wrong people and just like you have said, which I totally agree with, China was just trying to do her citizen a favor and some gullible people who don’t take time to research more on ICOs before investing.

This would have had a bad or probably a negative influence most especially on ICOs eventually and wont have been good. The step will only help to sieve out the good ones from the bad ones at the long run. China still understands the gap bitcoin is going to fill and they would not want to miss out on that at all.

Yes I agree with bitcoin manage the situation when china banned bitcoin but the interesting thing is when china banned bitcoin in his country so some other develop countries accepted bitcoin which is a very good for bitcoin and still more countries are going to accept bitcoin so think it’s a very big defeat to china when other countries accepted bitcoin.

Same thing will happen after the fork, I suspect it would go back down a little then pump like crazy. I'm expecting two events this year that would make increase in price (bitcoin gold and segwit2x) so I'm going to buy more until then.

If both of these events will happen there will be a great opportunity for the investor to acquire a lot of profit and there will be a breeze of pleasant profit will be for the investor and china was in past now bitcoin knocked out china so that they will never be able to join the caravan of profiteers and development again bitcoin has ability to survive in such conditions.

Bitcoin successfully defeated China because Bitcoin is independent and China is just some entity that has no jurisdiction in cyber space. Nobody does and that's the beauty of BTC.

Well in my opinion bitcoin has a good quality bitcoin is not going to invite people to join it attract people toward and countries toward it self when china banned bitcoin in his country so some other countries open their doors for bitcoin and they accepted bitcoin in their countries and they have a big support with bitcoin so bitcoin don’t care about china.

Yes, bitcoin is independent and really depends on the number of people who trusts it. Maybe some of the Chinese are still trading their coins or if not since Chinese was able to mine a lot of coins before and if they can't release it that only means that the supply of the coin in the market was decreased.

If Bitcoin would be popular as you think it will be then, those countries that have already banned Bitcoin will probably come crawling back to 'not banning' Bitcoin because despite being volatile its price is quite incremental and have quite a pumped in just months.

So the expected price of Bitcoin before the end of this year will be as expected, if it will not be doubled then it will be tripled. Let's just hope that the incoming fork would not affect this stable-increasing price (that's weird how come that it is stable if it is increasing? Well, you'll get it eventually).

Yes there is no doubt that bitcoin defeat china and I heard that china want to bring back bitcoin when china banned bitcoin so some other develop countries accepted bitcoin and other countries are trying to accept bitcoin and if we see the price of bitcoin its also good then before and day by day his users are going to increase which is a good thing for bitcoin.

This is evidence that the decentralization system can answer all the problems that exist, no one can control the bitcoin so that even if the country banned bitcoin but in fact bitcoin can continue to survive and the price continues to rise.

Bitcoin has a very big power and the biggest economy in world is China. But China cannot choose to war against bitcoin. They know they will lose.
Wellcome to the new world order.

This is the sign that even the former big players on BTC industry can't bring it down, unless the world announce that BTC and crypto is illegal then someone and somewhere there are , people, group of people, organizations, that will use the piece of technology that Satoshi brought to us. This will be a long war and were not done, they are not done yet, brace for some changes.

I think that despite of that some countries are going to try to oppose bitcoin and the more they oppose it the more people are going to want to get it, it seems odd but if a government bans something everyone begins to look at that something with new eyes and want it, this is one of the reasons of why the war on drugs has not worked.

That answer would be ok 8 years ago but not now. Bitcoin's price is very manipulated, not from only actions but even words said from china plays a great role so imagine when big players want to get profit how much they will do for that. If country bans bitcoin, it will affect price, depends on how active does country was in bitcoin industry.

Yes i agree with you that the situation is now changing totally. now we can see that even after some bad news in the market we can see the price of bitcoin trading in a good potion. i think that although china has a great contribution but they still cannot manipulate the price of bitcoin any more.

The issue for the Chinese is that maybe at some point in the future they will want to go all-in in bitcoin and when they take that decision it maybe too late, Japan has legalized bitcoin and they are already developing their own mining equipment so the hegemony of the Chinese in the mining industry may come to an end sooner than what we may have thought.

China is nothing in front of bitcoin’s progress and they want to control its price in their hand and this coin defeated them bitcoin proved that it is not confined to any region and one cannot put shackle to it investors are across the world are happy because its price is already at 5000USD and still counting on and rise of single dollar is slap in face of china.

Chinese people think that bitcoin is their slave and its price is totally depending on them and when they banned the trades they think that it will die but it survives just because people have faith in it and there are many lives connected to it and bitcoin has ability to survive through such condition because it is independent of all the region it depend on people who invest and have faith in it,

So after yesterdays congress of the chinese communist party it's clear to say that the communists will try everything to maintain their power. They know by looking back at communist regimes like the Soviet Union that once the communist prty in a country losses its grip around their people there is no way going back.

So I guess they fear cryptocurrencies and the freedom they bring for that reason.

my ans is a big YES. because if we can judge the previous history of bitcoin then the bitcoin rate is increased very quickly in very less time. which will prove that the banning of bitcoin in china has no affect on bitcoin rate. so its a proof for the future to all countries that no one can affect the bitcoin price.

Bitcoin is like a God gift for some people, Chinese people were thinking that bitcoin is not enough god and also bitcoin is dependent on china but it is not like that when they banned china they were thinking that bitcoin will die must but it survive only because people all over the world love bitcoin and they make their lives thorough bitcoin and due to their support now bitcoin is alive and popular.

the regulatory climate is changing so rapidly in all these countries that it's hard to keep up. First China, then the US, then Japan. But I guess it's normal, the technology is new and new laws have to therefore integrate and be written, people have not even clarrified whether Bitcoin is an asset or a security, so everyone gives their own definition and they all see Bitcoin is "a different eye". As with everything, when things get regulated and the government accepts the fact that it can't stop Bitcoin, then we'll start seeing the real money coming in, from both institutional investors and "the common people". It's really exciting times if you ask me and I'm happy to be part of this.

Bitcoin users know that bitcoin is a decentralized cryptocurrency and no one ever defeat bitcoin in this world but Chinese were thinking different they think that bitcoin will die when they reject bitcoin but bitcoin show the power to them and not defeated that what I mean that bitcoin is a decentralized cryptocurrency.

Bitcoin still survive without china because investors not only from China there are still many investors from other countries who invest in cryptocurrency.

Actually many people from different countries invest in the bitcoin and perhaps also because of factors of SegWit2x which led to interest people buy bitcoin high

Nope, this is only the decision of the Chinese government, the Chinese user of Bitcoin did not have this through. But you must to remember, if we do not have the FUD created by the Chinese government, how do we have chance to buy Bitcoin again with cheap price, is right?

Yes we can say this because when China banned ICO's and exchanges ,there was a huge drop in the price of Bitcoin and the price was fallen to 3000$ .But within a month the price has reached 5500$ which is a great rise .So there was no permanent effect of China on it's price .So we can say that Bitcoin had successfully defeated China.

Well, this is just to prove that even without the presence of China around because of their banning of bitcoin exchanges in their country, still bitcoin can stand out with the help and support if the other participating countries making it more beneficial as we can see that the price grows up much larger than before without China which is good because the abundance of China wirhin the bitcoin community is alarming at first but now, we can already see that we must be worried and afraid because bitcoin can still grow up on numbers.

Yes I am very glad to hear this news that bitcoin has successfully defeated China. The banning of China on ICO and bitcoin trading was I think for the time being as they have already banned bitcoin in 2013. But after some time they allowed the people to invest and trade in bitcoin.

Now the same thing they have repeated in 2017. Nobody in this world can stop bitcoin because lots of people have invested and are investing in bitcoin.

Bitcoin will defeat all those who are against the prevailing of bitcoin in the world. Big countries are in favor of bitcoin. Bitcoin will be the main stream of all the currencies in the near future and that’s why more and more people are investing in bitcoin. Bitcoin is also a digital coin business. The investors have made a lot of money with their investment in bitcoin. Bitcoin is now unstoppable.

Bitcoin is decentralized and this is what makes this to be independent from every law and governance. When China banned bitcoin in past weeks, there are so many people who are still working on it in China, still no one can trace them because there is no proper central repository. So China must have thought of no use of banning, hence they just pull of this ban again.

Yes  it’s true that china will come back and I heard that in some part of china people are using bitcoin when china banned bitcoin so some other develop countries have accepted bitcoins and some other countries are going to accept bitcoin as well so now bitcoin have a strong hold in market and it’s much more powerful than ever .

Yes I agree. This is a huge update given that the Chinese community is big and there are a lot of Chinese who relay on investments for their financial stability. This is proving that even without one of the biggest investors, Bitcoin will still survive. And I hope that it is enough to give the message to the government. Because honestly, they are the ones missing out the improvement and potential increase and return on investment. There is nothing wrong with accepting the Bitcoin as it contributes in the circulation of money.

to have something like bitcoin are human rights , nobody can regulate it.

china government just too greedy want to rule everything , and here we are on top of bitcoin value without them. we show the power of bitcoin are not always about china who considered as the big part of bitcoin ecosystem.

Chinese people store their real money in BVI .... the government stop was just for small fishes

Yeah and it's only the exchanges i think that were targeted. Its inevitable that china will lift any ban on crypto and they were probably just testing the waters if they can put a leash on crypto.

Yes you're right.Bitcoin has truly defeated China in the long run.Some people expected downfall of bitcoin after it has been banned by China but that was totally wrong.Bitcoin has proved to everyone that China has nothing to do to bet bitcoin itself,rather it made bitcoin more stronger than ever.And now bitcoin has been experiencing progress every now and then.

Everything comes with time. You are not solid in start but you have to try hard and then things are getting easy for you. Same like the bitcoins case, bitcoin was rejected by all the countries when it started the race. And now you all may know that there are few countries who have claimed it legal now. And China have to allow its citizens to use it, because it is the need of the time.

They are going to try my friend, they are too comfortable printing currency without any limit and they are very happy running deficits in their budget doing this, but with bitcoin they are no longer be able to do this since it hits them in two sensible spots at the same time, the ability of printing their own currency and the ability to charge taxes.

China wish to control the price of crypto is vanished and bitcoin has proved that it cannot become the slave of some piece of land and it successfully recovered itself from 3000 USD to 6200 USD and that shows the potential of bitcoin and as china bans the bitcoin a lot of other countries start accepting it and this shows how much world is relaying on bitcoin and in future they will surely take UTURN to hold ban.

This is one of the biggest mistakes the Chinese government is making, they think they have bitcoin under control but now they are finding out they never had any control over it and now bitcoin is going up very fast, if they get in bitcoin again then the price is going to go even higher, there is nothing they can do to stop bitcoin and I think they are finally realizing this.

Yes,we are survive without the highest market china.It prove that bitcoin don't need china & other country which are ban bitcoin.we can do without them.

I agree with you. China has failed to drag down bitcoin. As one of the most influencial people in the world, these Chinese investors who supported the banning of bitcoin in their place were the losers. These Chinese thought they could beat anyone or anything, but this time, they are the one who were beaten. Now, the bitcoin community is laughing at them while the value of bitcoin is rising up.

If only bitcoin can talk, it will probably reject these Chinese investors who are trying to go back to bitcoin investments. China have took the dosage of their own medicine.

Bitcoin has gone so far so they will never win with their attempt to destroy bitcoin and we can see that now, maybe Chinese people are so sad because their government is not welcoming bitcoin which will bring them an opportunity, but they are so greedy enough to banned bitcoin in their country at least bitcoin has proven enough that without China help they will still exist.

Well the ban place on bitcoin in China was a very big mistake and also a big flaws on the highly technical country like China. In fact the whole world look up to China as the most developed country of the world in terms of technology but instead of China to carry out adequate research about bitcoin and how it works and try develop device that can monitor it activities, their rather went straight to ban bitcoin straight away.
Now bitcoin has proven to China that it is highly decentralized and China is too small to stop bitcoin from penetrating they market.

I think that due to China's population and potential bitcoin user, it may have an effect on bitcoin. The good thing though is it is not enough. Of course, bitcoin as great currency that has helped many people and for China to defeat it, they need to be the same as bitcoin, which I highly doubt they will.