Will Bitcoin Die Because of China?

[cotton ball]

Bitcoin never die.Let china banned what ever that relate to Bitcoins. Bitcoins can survive even without china. As we all are aware about one thing that bitcoin is a world wide and no body can control it anyone can use bitcoins so doesn't matter if china banned bitcoin it will never effect on the value of bitcoins.  China had banned it the price fall down but bitcoins survive and the price is higher than before

China is trying to exploit the bitcoin price movement so far, many patterns are visible as they start to loose rules, when Japan can admit it, China does not even learn from events in March. Currently bitcoin is able to get out of Chinese influence, even segwit2x and bch are deliberately manipulated does not make the price of bitcoin split.

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[Ains_sama]

Although China has the largest bitcoin market, large mining, and large investors. If china dies in bitcoin, it will not make dead bitcoin. Because bitcoin is growing all over the world. On various computer networks of countries. So bitcoin will remain alive even without China. But it will affect the down price of bitcoin as a result of panic.

[ictin]

There is no problems if China ban cryptocurrency. There are over 200 countries in the world. Bitcoin is still mined and Cryptocurrency are still traded around the world. haha

[xSkylarx]

Nope I don't think it would die because of china,
I think bitcoin could survive even if china bans it bitcoin has been with us even when china doesn't acknowledge it .

[Butchick]

I don't think it will since bitcoin is not only china based but it is supported by all over the world. Bitcoin may not be accepted by some governments or even adapted but there is no way it will die just because of china. Because bitcoin is somewhat decentralised, no one cointry can easily kill it or put it down.

[magicmeyk]

With o without China bitcoin will survive. We all know that they can control the flow of the market but we can also recover the loss that they made after.

[alex_mercer]

If that kind of statement was true, that would only mean that Bitcoin is not decentralized.
What I think is that people overestimate China's influence over Bitcoin, and underestimate Bitcoin's decentralization.

[Taranscorp]

I dont believe that China will bann it.
Look what is happened in Russia - they will establish his own crypto.

[Netnox]

By now, you guys must have got the answer for that question. China ban didn't had any long-term effect on the exchange rates. If you remember, then the exchange rates went down to $3,000 per coin (from $4,500 per coin) when the news about the China ban came out. But now the exchange rates are close to $8,000 per coin.

[IQeon]

Absolutely not. China thanks to cheap labor and low cost of electricity is the center of mining farms

[Crypto Tanya]

There are still investors that still want to make the bitcoin alive. Even though the china banned bitcoins there are still some countries that make the price grow. Imagine if the china did not ban bitcoin, the price is already $10,000.

Don't think China has that much impact on a market.

[ab007]

No,not possible because it seems that china is introducing its own crypto currency but it will be totally controlled by the china government itself and will have check and balance from the government as for bitcoin is concerned its totally decentralized every one has right to do transaction with every one he/she want in any part of the world.

[Genemind]

I don't think bitcoin will just die because of China. Indeed, that country is really big and it's population is enormous. However, I don't believe that a lot of people there is using bitcoin. In addition, there are still a lot of countries that accepts bitcoin.

[Bitcoinislifer09]

I agree to you big NO . even china bans btc theres so many way chinese people invest in btc we all know chinese if there is a big opportunity they always there they find a way to connect in btc.

No,because if we will depend in China, the bitcoin will die but if we do not depend in China and we will continue in our own ways we will succeed.I think that we are all systematic so we can manage bitcoin even if we don't have a transaction in china because they are banned.There are still many countries that we can make a transaction to them.

[Raihan050]

obviously not. For China bitcoin will not die. But it's true after Ban bitcoin at china some effect on bitcoin but china can't control bitcoin. Bitcoin going his own way to moon and day by day bitcoin become popular.

[Fear]

You should not be worry. China is just a one of more than 220 countries in the world. They can't control anything, even the futute of Bitcoin.

[Delarock]

I dont think bitcoin will be die because an issue of china about disagree of bitcoin. we can see the price of bitcoin increase always

[Md.Mehedi Hasan]

I don't think bitcoin will die because of China because only China has banned its citizens from trading in them but many nations have been supportive. For example
Japan passed legislation recognising bitcoin as a legal payment method earlier this year. In Russia, where the initial reaction was mixed, orders have now been issued for a legal framework.

[monir34]

Nothing will happen if china ban Bitcoin. Even more some country ban like China nothing will happen with Bitcoin. Bitcoin will run his own way. Bitcoin is the king of all coin so it's not possible to die Bitcoin only because china. I have not seen any effect due to ban China. So don't worry Whoever ban Bitcoin. Just go ahead.

[kush14]

Maybe because of their hacking deeds bitcoin may die and because of the gambling or illegal sites