Bitcoin Forum

Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down!
Who will agree with me?:)

I don't think China truly meant to bring Bitcoin down. News came out recently that China is about to come out with cruptocurrency regulations. They also clarified that they don't aim to ban cryptocurrencies, but they want to find ways to stop people from using them for money laundering.

That being said, I agree! The initial news did bring us into $3000 range, but Bitcoin weathered that storm pretty well. We're back on track for $5000.

Certainly seems that way buddy, the price is recovering to where it was pre China news. Wouldn't surprise me if it was all some form of manipulation & China unban bitcoin (after the government has bought loads) which would then make the price fly up again.

China is pretty important to world trade no matter which way you look at it, it has somewhere in the region of 15% of the worlds population. For Bitcoin it has many of the miners and it is a powerhouse in many other regards as well, so when it does something drastic to Bitcoin it does have an impact. However, anything China does will not end Bitcoin - remember it is a global thing - the other 85% will still keep it going...

Even though China is a pretty big part of bitcoin, it is big enough to be bitcoin ITSELF.

As bitcoin is decentralized, even if a country completely bans bitcoin it has absolutely no effect on the rest of the users. Plus, china hasn't actually banned bitcoin. It has banned ICOs and exchanges, that's it. This is why i think people are still buying into bitcoin even though China has done what it has done. They realize now the beauty of bitcoin - the decentralization.

So yeah, i absolutely agree with you. China nor any other country can bring down bitcoin. Nobody can.

Well, bitcoin is all over the world. Not even a big country can bring the bitcoin down. That's the main thing about bitcoin: no governement will have enough power to control it.

I definitely agree with you mate! Bitcoin itself already had rooted in our economy and cryptocurrency world. It will not easily defeated be cause it is decentralized. No one can control it not even governments. I would say too, Bitcoin is unstoppable! Bitcoin shall live longer!

Yes of course! I agree with you! Bitcoin itself has already rooted into our economy and into the crypto world. It will not easily fall down just because one country. Because Bitcoin is decentralized, no one can control it. Not even the governments. I would say too, bitcoin is unstoppable! Bitcoin shall live longer and will make us richer than before.

At first i thought because of china bitcoin is going back to the very low price but now without china its back again to $4000 price i hope it will continue,well bitcoin still use by many people all over the world that's why bitcoin is now going up

Not sure. FYI China is back just with a new set of rules on their exchanges. China will be influential again in crypto but for now the news means Chinese will be bullish again on crypto.

I think even China will not hinder the growth of the currency
will be back soon to 5000

China has a big influence on bitcoin, next time they decide to sneeze, there will be another significant drop in bitcoin's value.

Luckily the effects never last for too long :)

This is what I have been saying all along. While we would welcome China back if ever the government would decide to lift the ban, it should be noted that Bitcoin can all survive and prosper even without the presence of China. Though it is indeed a very big market with lots of potential underutilized, Bitcoin can even be better without China as it can be a big source of big headaches anytime.

China is a different country with a different kind of mind-set which many of us can find hard to fathom. This can be the reason why we have so many ideas, opinions and speculations even up to now. Anyway, all of the things that transpired were now water under the bridge. Let's finally move on...without China!

Long live, Bitcoin!

In the first place, why think that China have a purpose to bring down bitcoin? China's movement , actions , policies and future doings can give an impact on the bitcoin price movement whether by going up or down and we seen that many times. But in the end what happen? Just a few period of resistance and correction period then the price will set up again another journey upwards.

Just relax and just go with the flow since that's all we can do. If you are positive about the outcome of the bitcoin then no bad news can break your spirit.

China can stop their citizen from mining, China can stop their citizen from bitcoin trading, but China can't stop the Bitcoin from running around the globe, as we all know that it circulating supply of bitcoin today has almost reach to 80 percent of it maximum supply to 20 million approximately 16 million had mined to this date. No countries or government can bring down the bitcoin , it is like flowing in the blood of internet , this is where the lifeline of the bitcoin holds. The blockchain supports, the investors and the miners would not allow the bitcoin to bring it down as its infrascture investment was high, that's billion dollar of investment in total and that's too big to take down.Unless the bitcoin was as small as some newbie altcoins, where small investments can able to handle the losses.

They are not the only user of bitcoin therefore even China is a big Country they can't bring bitcoin down to its knees.
If small countries will unite in using bitcoins they will become bigger than China.

Its indeed a heaven gift that Chinese people dropped their btc due to ico bans ,so we are enjoying the fear of huge btc dumps. China is no longer the world's most btc holder.

First of all apparently no country whether it's China or South Korea or any other country is not against bitcoin but it's the misuse of it which almost all the countries are scared of. Secondly I don't think that news like China ico ban and South Korea planning to do the same can have any bad effect on bitcoin for long. There are many more countries which still admire and like the idea of bitcoin and hence the bitcoin community is growing daily and therefore neither China or any other country alone can cause bitcoin to disappear from the world.

Even though the China is the earliest country that mine and adopted bitcoin they still ban it but it is a proof for us bitcoin enthusiasts or users that there is nothing can stop bitcoin even the early bird country; china. Bitcoin can still walk by its own without the help of chinese people and i think that once the progress of bitcoin will become better and better then it will be a regret for china for banning bitcoin and they might take back the decision and accept bitcoin again.

There's no more excuse for that, they've closed all bitcoin exchangers. certainly no more bitcoin transactions in china maybe they can still support the growth of crypto currency because they do not prohibit bitcoin mining.

Bitcoin proves again that in dark times, as long as you HODL, bitcoin will go up again.
Luckily they didn't ban mining tho :)

That's right, China can't bring bitcoin down, as long as bitcoin is  decentralized even how many times they will attempt to dump it, of course they wouldn't succeed against bitcoin of course.

It has proven that bitcoin is becoming popular and stronger. Even with the news/fud about CHINA bitcoin is still recovering its price. It cannot bring down bitcoin this means there are many users already for bitcoin.

I agree with you but the issue about China is that we really don't know their intention and we cannot not say emphatically if they can stop bitcoin or not in the sense that, the recent crash that was witnessed is something attached to China but they never came with an official statement of the ban but while everything was being speculative. Until when we are sure of their intentions towards bitcoin, we can then  rightly conclude the right position to take.

Once China able use bitcoin once again, the value will be greater more and more !
As for now more people interest on bitcoin so it's reasonable to see bitcoin keep increase all the time until it reach the limit

recently, China has such an impact...

Well, I agree with you. But after ban Bitcoin at China It has been little bit effecting at Bitcoin. However, Now Bitcoin Back to the previous place. So,we can say that China can't Bring down Bitcoin. :)

china might take steps to re-engage, although that's just my guess.

but true china is no longer a problem for bitcoin.

china is only a small fraction of bitcoin, although china has the largest bitcoin mine they can not affect the bitcoin price more deeply

i think bitcoin can down or on the future maybe it wont catch the other cyrpto currencies.but i am sure that;cyrpto currencies cant die after this years.

Of course Bitcoin is not cryptocurrency of China so Bitcoin can't die or dissappear just because of China. Beside, China only ban ICO project not Bitcoin but there are a lot of people still missunderstood that China is going to ban Bitcoin :)). Don't worry, although China is the country has biggest cryptocurrency trade volume but they can't affect to the market for all the time :))

Not totally agree with you, even though bitcoin isn't controlled be the government but they can still contribute in the flow of blockchain market. For example of what happen to China, they banned crypto currencies in their country but there is a huge impact to bitcoin price(decrease). But it doesn't  mean that it could affect totally into bitcoin forever, since there are many countries who are supporting bitcoin and a big chances that it will rise again.

I don’t think so, I think that China was trying to show their power to the rest of the world in the cryptocurrency but failed. I am truly happy for bitcoin being recovered and progressive once again. If china had no intentions of banning crypto then they should have disclosed it but they didn’t. This proves that China was either looking for to check the strength of bitcoin or was trying to know its own grip and hold on the bitcoin. China must have realized now that it is not 2013 and things have changed a lot in 2017. ;)

Off course China can't bring down Bitcoin. I also do not think that any other country can take down Bitcoin. But they tried showing there power in the international scene but they actually couldn't do anything severe to bitcoin prices. Even is other countries try banning bitcoin it will only affect bitcoin prices for a short period of time. Totally my opinion.xD

Yes China didn't have more power to bitcoin to make it down because the popularity of bitcoin now in different countries is huge and more people are supporting the bitcoin that result to a high price.

china fighters have ended, lift the glass to celebrate ,.
china is no longer a heavy obstacle to make bitcoin value fall, as well as with korea, I think from now on the bitcoin will get bigger.

The China can bring down most countries over around the world if they want it. But they are more smarter than you ever can imagine it. They are powerful, wise and inborn businessman. Mostly they use "soft power" and you can be sure if someday China will  want to bring bitcoin down than it can happens very very fast! So you can sleep well  at night China is incognito player and they want also to provide  1 382 494 824 of Chinese people with simple needs!

Unfortunately, Price of mining hardware (which is) mostly from china, will rise and the impact will affect miners all over the world. Most of btc mining company held their operation in china. So they have to move their operation to outside of china.

They can't, of course. Even the Government of America will be banning it. Blockchain technology cannot be shutdown as long as the internet is still there. China can ban any digital currency exchange but never the blockchain itself. And that's a fact.

Btc is much bigger than china , just people reacting to news.

And what would happen if this were global?
Let's assume every single government on Earth bans Bitcoin and its mining machines .. would that be the end of the World's most valued Cryptocurrency? I doubt 100%  .. the price may go down by 70%, people will buy thousands of low noise miners...  like GPU. Loads of Anti-censorship softwares will be developed.
And Bitcoin will flourish again...without the government. Creativity will flourish . This would most likely happen under the Chinese ban.

Who said that China can able to take down Bitcoin?No they cant even they would impose legalization on some stuffs.It may affect prices but not totally influencing or making it dip to the lowest.Theres a strong community support which not a single country could able to equalize on that stuff.They might quit into bitcoin but still we can able to stand alone without needing them.

I think China never wanted to take Bitcoin down. If they would want that the price will be very low right now. They never said that will close or ban bitcoin. And even if they want to bring bitcoin down ,thats almost impossible because they have to close all the bitcoin wallets and all destroy all mined bitcoin.
China created their own exchanger and soon will create their own coin so people will use bitcoin to buy China's coins

Nobody can stop money, not just bitcoin.. everybody wants to earn money in here, and cryptocurrencies are a perfect way to earn easy money, that is why all people (doesnt matter if they are from china or anywhere else) would not give up easy because of a country trying to ban it. Obviously that if the governments try to shut down cryptos, they can do it, but they need it to do it in a complot.

China will not bring down the bitcoin but obviously they want to manipulate it and try to gain control of both bitcoin and altcoin market for their nations economic advantage againts the world economic. They just making these reasons as excuses to avoid embarassment of their failed attempts. I just heard that they will try to do it again for real.

Well definitely China will not bring bitcoin down. There are many users of bitcoin in every country that supports bitcoin so even their is news bitcoin still heading strong. Yes I believe were on a track to $5000 and Im ready for it.

Nice and the fact is now the price has reached $ 4400 and I'm sure it will soon pass through $ 7500 this year, although the Chinese government banned bitcoin but I'm sure users in China will not leave bitcoin, they will continue to use bitcoin because it is profitable.

I agree, I I even told my fellow traders and investors to calm down and just enjoy the roller coaster ride of bitcoin.

China has stopped cryptocurency trading in most exchanges but still allow two exchanges to continue their services which provide opportunity for their citizens to buy and sell bitcoin, especially for the miners. In genereal, they just want to regulate exchanges and how the crypto works in their country, but what made bitcoin price fallen down to $3000 due to people massive sell-off, panic sell because the FUDs news.

China doesnt want to take bitcoin down because bitcoin is a powerful thing that they want to take control of. They closed all the exchangers so they can open they own exchanger. Bitcoin is a new technology, the future technology so who takes control of it faster will get have more economic advantages.

The flow of money can be regulated with rules and regulations and that is what we are seeing in the crypto currency platform too,most of the countries are banning ICO to stop the flow of money into those projects which has no legal backing,crypto currencies is a perfect platform to make a good amount of money,but you need to understand the market and play accordingly to make profit.

it only impacts panic selling on traders , so can not lower the price of bitcoin deeper.
and after the good news came the bitcoin price went straight up.

obviously i could not agree more with you. china only try to take down bitcoin with their own regulations to their citizens. but it is not working no longer after the bitcoin users from the world world found again their confidence without china. even i am sure that nowadays not all of Chinese was stopped use bitcoin at all. Bitcoin keep rising prices after end of September (closing all bitcoin exchanger in China)

Now we can already conclude that restricting the circulation of bitcoin and other crypto currencies, or in general by their prohibition, the government of China could not cause it significant harm, except for a temporary depreciation of the rate. This situation has demonstrated the strength and invulnerability of the crypto currency.

Everyone here agrees with you except the chinese ones and their blind hardcore fanatic followers.  ;D Bitcoin is going to grab the 5-dollar figure. This will happen soon, very soon. December 2017 might be that month for it. If not, then early 2018 is already certain about it. China will realize their actions are futile.

I agree with you, we do not need china to increase the bitcoin price many people still do not know about bitcoin and some people starting to know about bitcoin and then they starting to invest bitcoin so it will increase in the future.

I agree with you, china will not be able to lower the bitcoin because the proof is now bitcoin has gone up again. bitcoin prices rise because bitcoin begins to buy people after they sell too much of their bitcoin

so it takes a price rise for you to realize this and accept it! huh.

bitcoin was strong even when the price was going down, it was strong when they were spreading FUD, it was even stronger when they called it "Fraud" and "Dead". some people just never accepted it back then because all they cared about was the short term price movement.

Every country will bring major change in currency rate and its affect many markets. Because the china has captured world largest markets. The currency exchange rates can be affected through demand and supply of that currency.

Bitcoin is totally out of control of any country including china.It was created as a decentralized currency uncontrolled by any one.It was true that earlier chinese dominated the bitcoin trading and they manipulated bitcoin price many times by just dumping their bitcoins.Also,bitcoin exchanges created fake trade volumes.Later,due to PBOC actions to regulate bitcoin exchanges,they started to slowly loose their control over bitcoin market.

Even then,they had a lion's share of bitcoins since they had the largest number of mining farms there.Every one still feared that even a small change in china's policy regarding bitcoin would affect bitcoin price.But since bitcoin has reached most users all over the world,this time,bitcoin has totally proved that its no more in need of china for its progress and that its a dominating force in the future economy.

The reason BTC can not drastically decrease is because other major economies have supported it as Japan and Germany.

Obviously, because bitcoin is not controlled by anyone or anything technically. The prices can be influenced but other than that, you can't do anything to bitcoin. You can ban, block the IP addresses of bitcoin related sites using a firewall, but that won't change anything. People who still want to use it, will figure a loophole anyhow and take leverage of it.

I agree with you. Bitcoin is recovering from damage caused by China very quickly. Now it continues to grow up, it is unstoppable. I put great hopes on Bitcoin and believe that it will grow further.

Of course one country cant bring down a whole price of BTC!

many of the countries are supporting it and i don't think china will ever think to down it and it had attempted to bring it down. it has just ban icos which is i think good thing from some prospect because we know there are icos which are scam and there are 80% of icos are scam and some of them listed on exchanges so, in order to handle it it is right and that matter to the bitcoin price as well.

I totally agree with you that China cant bring Bitcoin down. As we saw last month that after China banned ICO's and Exchanges, there was a huge drop in the price of Bitcoin. But now it's price is increasing again at a very fast rate and soon it is expected to touch $5k. Bitcoin is decentralized and government has no control over it . Some decisions and statements by a person or country can temporarily effect Bitcoin but they cannot have a long term effect.The demand for Bitcoin is increasing as people have started to understand its value. As the demand will increase its price will also increase.So i dont think China or any other country can bring Bitcoin down.If the price of Bitcoin will drop again, it will surely rise again and it will achieve its ATH value.

China can do it. Because they have the biggest number of the miners

these countries support for bitcoin is pretty good, there is no denying that but at the end of the day bitcoin will remain the decentralized currency that the users all around the world will determine the demand for it and consequently set its price not the countries.

all these supports and denials will just help speed up or slow down the process respectively. they can not stop it. the adoption is happening and it is growing and with it the price goes up.

Definitely yes China does not hold the majority of bitcoin circulating in the market so even if they banned bitcoin transactions still the market can sustain and bitcoin will remain strong. Bitcoin is a global currency so as long as there are many people using it, bitcoin will not die and will surely continue to appreciate as the demand goes higher.

Because bitcoin is consider as a global currency if one coutry will not accept or adopt bitcoin they will not change the status of bitcoin in other countries economy in fact because they banned bitcoin in their country it's more likely that the opportunity for other people around the world will increase. So we better not worry about China if they didn't like bitcoin.

It is a large country with huge population. Only 20% people know about it. It is no so caused of worry for them.It is very small compared to people all over the world. Because of China, its impact will not look too much. Please note that its price has increased greatly.

Yes i completely agree with your statement that no matter how big you are , you could not bring the bitcoin price down. The price of bitcoin is really going up and this is the reason that china's ban couldn't affect the bitcoin prices as they cannot control the demand & supply of bitcoin even after the ban of ico in their country. I cannot confidently say that china was interested to ban those ico and bitcoin exchanges. But instead they are planning to regulate the bitcoin process in their country with some rules and regulation and i hope they will release their own cryptocoin soon.

Even if China bans bitcoin the people will find newer methods to transact bitcoin and obviously use the TOR and darknet to do transactions and keep themselves anonymous. Then again even if they totally stop bitcoin usage they cant really stop the growth of bitcoin. People are not willing to lose their money and hence they sell in panic when they see such news come up. But they must learn the nature of such FUD. It is there only to make then panic and sell while other people will take advantage of the opportunity.

Of course China alone can't bring bitcoin down. Compare to the number of investors world wide who believe in btc they're just a small percentage. They might have contributed when they aggressively jumped on board and made an impact but I know we can succeed even without their help. In my opinion, China is just playing the power game here and wanted to show their influence but honestly even if they withdrew their support they're not a loss.

No i know china theres a big rules in bitcoins life but i dont think so if china can take down bitcoin from its growing time its almost a lot of people not only in china doing a bitcoin earning so thats almost imposible to take down bitcoin in one country only

i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.

it's true chinese are not able to carry bitcoin down because china is one of the most populous or densely populated country and the average most bitcoin lovers most also in china so that bitcoin keeps going up from day to day and it is unlikely this bitcoin can fall for china area ..

China is big country but it's not the only player on the Bitcoin market. The influence of recent issues with exchangers is exaggerated and it wasn't that important as it looked but it caused panic selling. The price has recovered now and in the future the things will also settle in the China.

the end of china has ended, now we are looking more forward, I'm sure one day anti china and korea will be involved again on bitcoin.
maybe they are right, to prevent false and false ico.

I think now many countries are following to legalize like japan.

Market turned into bullish after news about possible hard fork spread out, people are just anticipating upcoming fork to be as good as the last one so that they can get easy profit by just holding bitcoin.

But I really doubt on that one, I will rather wait to buy more bitcoin than jumping into it right now.

We might not have any impact on market in future from chinese fud because China is now out of bitcoin trading.  ;D

China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC.

Yes.Even if China think to abolish the bitcoin from China so,it's not all possible. That much power Bitcoin has .You can see this, bitcoin will replace the entire currency system and dollar. Soon it will replace the bank system too.If you inverse means, you can go head.

yes that right that China cannot kill bitcoin, despite that fact that they have good contribution in making bitcoin more popular and stronger, but now bitcoin is becoming more popular throughout the world and therefore i do not think that a single country cannot kill bitcoin. but still i am sure that very soon china will make bitcoin as legal currency again.

I have been saying this all along. No government in this world can bring down a force like bitcoin. On the other hand, bitcoin is actually becoming one of the primary sources of income for some governments(Currently look at the Zimbabwe situation).

There is no point in saying this now . They got what they were looking for . They just wanted to decrease the prices of Bitcoin so that they can buy bitcoin at a much cheaper rate and then sell.jt when the prices rise and they wre successful in doing so. Jamie also did the same , he called Bitcoin fraud and when the prices Fell he bought like millions of Bitcoins. So they are just manipulating the prices of Bitcoin according to the way they want and we are the ones responsible for it

What rubbish! China can't bring bitcoin down. China has no such power and capacity. When china banned bitcoin it effects on bitcoin business. Bitcoin is legalised in many economically strong country, so their is no worry.

Yes it is a main reason because bitcoin is not going to control by anyone and I think when china banned bitcoin it become more stronger with high price and some economically power full countries also accept bitcoin which is a good thing for bitcoin so nothing will happen to bitcoin.

Yeah.. agree 100% with you. Not any country can stop bitcoin.
I know china has big actor to make bitcoin up. But power of bitcoin is bigger than. Success bitcoin

soon they gonna think of it that bitcoin back to them they will make some way for it to be legal on their country when they see again the potential of it maybe they have some reason why they ban it but I don't think that it will last.

That is an obvious given. No matter how big China is and no matter how many players they have on the bitcoin market they won't be able to kill bitcoin. If any country would want to kill bitcoin they would need to have full control over bitcoin which is very impossible because bitcoin is decentralized.

i agree with you man! not because was china has done in bitcoin its not mean that the bitcoin going down although china was one of the world's largest bitcoin mines/mining. yeah china is really have a big contribute in the matters about the bitcoin still there's more country that using bitcoin so even though without china bitcoin can stand. i don't care if the value of the bitcoin is rising up or falling down now, what's the important now is the bitcoin cannot destroyed or bring down by the china.

That's absolutely true. China has a huge influence in the cryptomarket , and losing is regatively affected Bitcoin. There are people who taught that the dump will be continuous but fortunately it is not. After a week, Bitcoin started to rise again, slowly but surely. Before it was down to 3300$ from 4800, and it is now again on the 4k mark that proves how strong Bitcoin became that it can also be as this successful without China.

It is very difficult to imagine Bitcoins (or for that mater any of the crypto-coins) replacing the banking system. IMO, Bitcoin has its own space, and it doesn't need to fight for space from the banks. Lets keep the digital currency as separate from the fiat currency.

I believe that Bitcoin is not depended on a single country, i know that China is one of the largest economy in the world and day by day they are becoming super power. but regarding Bitcoin China is one of the factors but it's not only factor for this platform. so they can't bring Bitcoin down.

Of course we didn't know that because we all know that China is a big market for bitcoin. However, we have already crossed that bridge and the result is already in. The effects are only temporary and we have survived one of the most critical test on bitcoin young's career. They can't really kill bitcoin because it is unstoppable. And the only victim here is their huge bitcoin community.

Why not take advantage of both system? We have banks which we think will remain and will not gone obsolete. However, bitcoin is gaining strength. However, I doubt that it can replace the banking system. It has been there thousands of years. We just need to enjoy both of them and take advantage of what they can offer to us consumers.

some time ago bitcoin has decreased caused by china, but can rise again thanks to japan, essentially not china can not make bitcoin down. but there are still many people in the world who support bitcoin so bitcoin still exist until today.

China can do this. Do not forget that in China most of all miners.

What can the miners in addition to blackmail? The miners will never give up the income. They are too much time and money is spent on building your business and therefore will not reject it. Besides, China is not the only country on earth. Will always be willing to other countries.

as far as i know that if the hash power is becoming low, for example if china suddenly ban bitcoin mining activities, there'll be adjustment in the difficulties?
because it just doesn't make sense if bitcoin could fail because of only that, it also means that anyone can control bitcoin if they have majority hash power, just absurd.

I agree with you not only China can make it go down i think if Europe, China and the USA will say that they don't want it then bitcoin will be able to go down and maybe even dead but i don't think that will happen because of the fact that a lot of people are starting to use it.

I agree with you. China doesn't have any intention to bring down bitcoin, in my opinion, because a lot of Chinese investors are in it. But the banning of ICOs is what I think the main objective of the China. Their government are trying to look after these ICOs which, in the first place, are not taxable. China is a developed country, and they will always find a way to put tax on these ICOs.

I agree with you, china wants to tax the ICO because they need some money to continue prospering their country and to continue to sustain their huge country needs and for the development also because if you will tax at least 12% for the ICO then it is already a lot of money for them so they are just trying to regulate it so they can do some controls in it.

Chinese are playing games and all they wanted to do is to take control on the price of bitcoin as they are failed now they will ask to rejoin and say that they will accept bitcoin again but the thing is bitcoin region.

Bitcoin proved that china is nothing, and this will be open challenge to those who wants to take down bitcoin it is the stable coin of era it will rise till apocalypse.

I agree with you!
China can not control the process of bitcoin growth. There is no state that can do this.

Well yes, neither China nor any nation can ban the Bitcoin. This is what makes it interesting: it is decentralized. No one can track your encryption investments. The only thing possible is to penalize you when withdrawing in fiat currency. But as more and more sites are beginning to accept it, it will have less and less interest in the future.

No China can not bring Bitcoin down! It is just a country and has no influence over a digital currency that is independent from any government or company. Plus it's decentralized.

Yes, China cannot destroy the digital currency, bitcoin price is at $5,900 it shows how bitcoin becomes more popular to somebody. They become more interested of the BTC value.

Well, bitcoin exists all over the world. Even large countries can carry bitcoin to the country. That's the main thing about bitcoin: no government has enough power to control it.