End of Dragon Era?

[Jimmy palumbo]

So far, no country has been able to stop the rise of bitcoin.
Bitcoin is still at a very low price in the long run.

[dado7]

How could it be? China is a second strongest economy in the world. They will always have a say.
However, the question is whether the community will stop overreacting to FUD coming mostly from China. Probably not. However, they advanced the most in the sense of regulation and we can expect more of that news from other countries from in the future and hence the attention could shift a bit.

But again - regulation is a good thing. Regulation is not prohibition. I will repeat this another 100 times if I have to.

[Xester]

The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments  while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.

[ruthbabe]

The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments  while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.

As far as I know, China did not ban bitcoin. Why is it mining and also the use of Bitcoin and other cryptocurrencies were legal? What I know is that China only prohibits banks from dealing Bitcoin so as to make it harder for anyone to use cryptocurrency as a tool to smuggle-out China's wealth.

[lamcouz]

Not yet, and currently Bitcoin prices continue to rise. If you want to buy and invest Bitcoin I suggest that you immediately buy it. many people predict the price of this bitcoin will continue to rise, and you will benefit greatly if you can buy it now!

[ALI AKBAR]

Really happy news that the era of the Dragon Age will end forever and disappear. It will be good for all of us. Samurai era will be much better than the Dragon Age. Bitcoin entered the world and many countries recognized it. As a result, all problems will disappear over time.

[Gatot84]

The Chinese government does not remain silent, where China will act with the existing decentralized currency and what will result from such an event. If all that the ban imposed and the restrictions on the expected results do not carry and the Chinese government has to cancel it for the economic benefit of the government itself.

[salmanahmedone]

I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.

[Opnsrc]

I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.

I think that you are absolutely right. Even if you buy Bitcoins for the prices of today, in future (if you do not sell your cryptocurrency) you will get the biggest profit. BTC will be gaining, naturally.

[freesia_pnp888]

who do you think China is lol, they are not that powerful enough to be so called "ending an era". not a chance, though sometimes they affect the market but ending an ear of bitcoin is something bigger.

[mmo4me.2016]

At this times, the price of Bitcoin has also dropped sharply! But I always believe that Bitcoin and altcoin will increase price in the near future! The ban on the use of governments and organizations is purely bearish, but I believe the market will recover soon!

[Lexi44]

Yes, this could be the end of the era of the dragon, but that does not mean bitcoin will end, bitcoin at this time is better when viewed from the side of price movements, because at this time bitcoin prices are not too fluctuating.

[jcojci]

although it is the end of dragon era, there will be the next dragon from Asia that is trying to be the leader and it shows with Japan that trying to compete with China. but the bitcoin will still exist no matter who is the dragon because bitcoin is not just for one or two countries, but bitcoin is for all country and all people in all places.

[avoxosuccesful]

it is true more bitcoiner are anxious about the china prohibited for bitcoin trade the esteem plunge down a week ago very nearly 3500$ in light of the fact that individuals stun the dicision of china bitcoin restricted and the general population freezing, up to this point the choice of china still stand prohibited the bitcoin, however beginning this week even have restricted for bitcoin gradually go rising again the estimation of bitcoin, so i won't say its end of dragon era or what ever term its given.

[reck1ess]

China is one of the biggest contributor of BTC, especially in terms of mining power. We all know they have cutting edge technology plus the cheap supplies. But it doesn't mean its the end of dragon era if they ever be stopped or profibited from doing so. As i said they are just 1 of the biggest contributor. There are still a lot of countries to count.