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Vaculin
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September 19, 2017, 03:34:19 PM |
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The price might slowly rise but probably not going to die. Bitcoin is too great to die. And I think that what I have said is an understatement.
I agree with you .... bitcoin will not die and bitcoin will continue to live because now many people use bitcoin, so bitcoin will not die just because china, and may be true even slowly but bitcoin will rise higher in price. You're right.Bitcoin is not that weak that will be easily destroyed when China neglects it.Although China will have a greater impact on the rising of bitcoin,still it won't be a loss to bitcoin if they won't adopt it.Bitcoin has made its foundation very strong now so it will continue to soar high and will still conquer all other countries without the help of China. |
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gabbie2010
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September 19, 2017, 03:44:04 PM |
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China clamping down on exchanges can only have a minimal effect on the price of bitcoin, despite all the actions taken by the Chinese government the price of bitcoin never fell below $3000 I am very optimistic that after all these brouhaha the price of bitcoin is going to pick up and journey northward again this is based on the fact that more countries are going to adopt bitcoin which will invariably increase the number of users.
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drawoh14
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September 19, 2017, 03:47:37 PM |
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That is never gonna happen, it is only China who banned bitcoin but there are many other countries supporting bitcoin. Yes, there is a decrease of some value but bitcoin will never because of China.
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Ariess
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September 19, 2017, 04:03:56 PM |
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today bitcoin has proven to the world. bitcoin can survive even without the role of china involved in it.
china is not very influential right now, there is no china effect that can lower the price of bitcoin again. after yesterday's incident. this is a fact.
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kpcian
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September 19, 2017, 04:17:57 PM |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
you have discussed this issue very specifically, you also know what will happen if China government will ban the whole process of Bitcoin.but I also think that though Chinese population has a big amount of Bitcoin capital at the current situation so that it will hamper in the price market but it will last for a long time as long as many currencies. so Bitcoin will not die whatever China will take any steps to this platform. |
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Gandam23
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September 19, 2017, 04:26:59 PM |
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Bitcoin will not die even china ban exchanges or IcO or what ever. Because bitcoin is for world wide .if china not use bitcoin anymore yes they have effect ban not big. Because many country also use bitcoin or crypto currency . Even bitcoin price decrease for sure it will recover again because many people buy again bitcoin if they see the price decrease because they want to earn money. Bitcoin will not di!.
Yes i agree. I think bitcoin will not die because there is still many investors worldwide. And as far as i know. There is so many buyers of tokens in some countries so bitcoin will not die. As the value is going down. The more investors will buy bitcoin . |
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niisarearning
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September 19, 2017, 04:40:31 PM |
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Recently there is lots of strategy happening for Mining in european countries china may be the biggest contributor in mining and other support but there is still lots of countries are coming with more support some countries thinking to introduce own crypto currency .
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J Gambler
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September 19, 2017, 04:42:01 PM |
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Bitcoin is not processed by any period of a country. So if China decides to ban altogether bitcoin in their country it will only weaken it but not kill it. And what does not kill you makes you stronger. Rather than be dismayed by this move, many will consider this an opportunity. Stay informed and ready!
no it will not, bitcoin has a high market value and a high rank among all other coins there, so i think it is not east for bitcoin to be deceive by a county, it has a many country who supports it so it good to know that bitcoin is strong and it will never be goes down so easily only because of the china take that . |
Y U MAD AT ME
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flag39
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September 19, 2017, 04:45:58 PM |
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Not only Bitcoin will not die, but I strongly believe that China will come back to Crypto world. They have invested too much to lose.
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oegarod
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September 19, 2017, 04:48:46 PM |
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Recently there is lots of strategy happening for Mining in european countries china may be the biggest contributor in mining and other support but there is still lots of countries are coming with more support some countries thinking to introduce own crypto currency .
Yes, the recent issue from China has been a great talk around the entire portals that make articles relating the digital currency market. China is a major contributor in terms of mining as well user base years back itself, but once after the inspection it's found that the control went out of hands from China. In reality it is not, because the recent price drop took to larger extent just because of a news coming out from China. |
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redoykhan
Member
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Activity: 255
Merit: 10
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September 19, 2017, 04:49:03 PM |
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No bitcoin will alive without chaina.Bitcoin have strong community. There is noo chance that bitcoin will die
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Momoamzad
Full Member
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Activity: 1022
Merit: 100
$CYBERCASH METAVERSE
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September 19, 2017, 04:55:16 PM |
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Answer is a BIG NO ! Because bitcoin is for whole world not just chaina. Even if chaina Bans all kind of bitcoin it cannt distroy bitcoin .
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ReLieD
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September 19, 2017, 04:59:03 PM |
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All these news were just spread just to decrease the prices of Bitcoin so that they could all buy Bitcoins at a much cheaper rate. That was a smart move from them to actually make the prices of Bitcoin to fall. And now after it actually dropped they revealed the truth that they have actually promoted a fake news.
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travelgear17
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September 19, 2017, 05:05:23 PM |
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Absolutely not,,, when if bitcoin die, the marketcap volume $66,244,433,358 = 16,575,612 BTC is already used by all bitcoin user. how many people can do it murder.....? never its possible.
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e-coinomist
Legendary
Offline
Activity: 2380
Merit: 1085
Money often costs too much.
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September 19, 2017, 05:05:38 PM |
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Answer is a BIG NO ! Because bitcoin is for whole world not just chaina. Even if chaina Bans all kind of bitcoin it cannt distroy bitcoin .
There recently has been that global world Blockchain Summit in Shanghai, a city which is logding just right inside the Yangtze River delta and not even counting for these https://en.wikipedia.org/wiki/Special_administrative_regions_of_China sooo... Doublestandards. Continuity in mining fresh bitcoins, but aiming to not to distribute them amongst their own citizens?! |
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bitcoinvamp
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September 19, 2017, 05:10:39 PM |
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i think bitcoin will not die because of china as there are many countries engaging and earning in bitcoins. but on the other hand as china was major contributor in bitcoins so there may some downfall in the price of a bitcoin nothing
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googlebtc
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September 19, 2017, 05:19:24 PM |
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even though china is a big contributor to bitcoin but bitcoin will not die without china, now in many countries already many use bitcoin then bitcoin will be stable again but we only need time when bitcoin will peak without china
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SummerBliss
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September 19, 2017, 05:22:20 PM |
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Bitcoin is a world's currency and China is just a part of it. Even if China completely bans Bitcoin or Bitcoin mining, with short term negative effect, bitcoin will ultimately recover. There is huge market available outside China. China might be a major player today, but it will not take much time for any other country to surpass it.
This is the beauty of decentralization!
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Best Dreams
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September 19, 2017, 06:37:02 PM |
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who is chinese so they can kill bitcoin, their excess is only because the population is so much that the market there is very good,.
Yes I agree because they have already banned bitcoin but still it survive and day by day it’s going to progress its user are also going to increase so there is no chance of bitcoin to die. |
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anklas
Member
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Activity: 96
Merit: 15
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September 19, 2017, 06:56:13 PM |
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I guess the best answer to that question is of course a BIG NO! Granted, China is a big contributor for the rise and adoption of Bitcoin and they are primarily the country involved with Bitcoin mining due to very cheap electricity cost.
Now, the Chinese government has its own agenda and I think in the long run Bitcoin can be running against those agenda so they are now thinking of slowly disengaging and disconnecting their citizens away from the cryptocurrency platform.
I know that whatever China will decide on the impact can be heavy on the market and this is shown with the recent decision banning the ICO projects and the unconfirmed total ban of Bitcoin exchanges though it is still a rumor and nobody would want to confirm.
Can cryptocurrency still go on and have a very optimistic future even without China as part of the equation?
Definitely NOT Bitcoin do not depend on the investment of China without them Bitcoin will continue boost up and lots of people around the world invest in Bitcoin that would be the reason to its success. Thoug there are lots of chinese investors but bitcoin will not die because of the banning issue to their country. |
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