Will Bitcoin Die Because of China?

[dali_masmoudi]

I don't think it will die. It will have a great fall (already happened) and then it will rise again because the new ICOs there.
So I think it will influence the price but it won't die.

[Xakki777]

I think that everyone will be allowed, and there will be heat, this has already passed!

[hari9981]

although the biggest contributor of bitcoin votality is chinese, I think bitcoin will not die. bitcoin is not just in china. twin bitcoins around the world. so bitcoin prices depend on users worldwide. maybe only in china bitcoin die because chinese government forbids bitcoin and altcoin other in its country. I think other countries like japan are still using bitcoin and I'm sure bitcoin will continue to be popular

[legendbtc]

After banning the exchanges now China becomes weak country when compared to Japan. Now Bitcoin price is recovering even there are some exchanges operating in China. I think China government will realize soon they have taken the wrong decision by banning the exchanges.

[Eclipse26]

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!.

Definitely yes, it wouldnt happen. Even there is a problem between china and bitcoin that doesnt mean bitcoin will die. China is just one country there are still lot of country who used bitcoin and I know that they wont let that happen. Bitcoin was far from it before and I think just because of china bitcoin will die? It will never happen. Look on its price now even it drop last few weeks its now recovering and it reaches again the $4000 value.

[White Christmas]

Totally not, China is one of the biggest players in the bitcoin market but that does not mean that bitcoin will cease to exist if China decided to ban bitcoin or dump it. There are a whole lot of market from other countries combined compare to China which will continue to function even if China gets out of the picture.

Exactly bitcoin was used nationwide it means not only china who paly it in the bitcoin market. Still there are lot of country who holds it and Surely they wont let that to happen. It is very impossible that bitcoin will die just because of china. It was too far from the past and Bitcoin was now going into better. Bitcoin will still remain and I believe on it because it will have a great impact to all holders if bitcoin will die and I know they didnt want that to happen.

[no0dlepunk]

Bitcoin will never die unless nobody is going to use it. Actually, China is just a fraction of the globe and it cannot permanently affect the market. Satoshi and Roger have bagged billions of coins that's why I am confident that there is going to be a price support somewhere. CAVEAT.

[Dfinest]

No, China itself is not enough to kill Bitcoin, fortunately. They can shake things up a bit, but one country is not enough to destroy BTC and i highly doubt that China wants to hurt the coin.

[justarmc]

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,.

Actually, China is one among countries who have a huge contribution on bitcoin community and china plays a big role on bitcoin. When there government declared ban for crypto, it will make a huge impact of bitcoin price in the market. But is not enough that bitcoin will die because of China alone.

[thesmallgod]

sometime i believe there have been too much hyping of this china banning cryptocurrency in their country by the media. I see no reason why BTC will die just because it is being ban by group of Minority users.

[Wintersoldier]

As you say China is big contributor for the rise and adoption of Bitcoin it will surely create a huge impact on the market. But we should know that China is just a contributor and so are the other countries as well. If one country completely rejects Bitcoin it will create an impact on the market but it will not lead to the death of Bitcoin. There are other countires too which knows the potential of Bitcoin. Slowly but steadily bitcoin will recover the losses and begin to rise again. So the answer is surely a NO, Bitcoin will not die and YES cryptos will still have an optimistic future ahead.

It is true that China is one of the countries that brought a big part of contribution on bitcoin system that could be a factor for bitcoin development and innovation. It is a good thing to have a big country like china to support bitcoin because it could help for decentralization of bitcoin on transactions and investment that is a factor for the changes of price of bitcoin.

[yansen]

Bitcoin keep strong without China. China is a big market of bitcoin, but Bitcoin grows all over the world, so the Chinese market closes it like the body loses hands, is shocked but will be normal with time

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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?

I think it is impossible because we all know that bitcoin in china isn't a big thing because even if in the past few days they banned and stop different transactions in bitcoin today I think the problem was overcome and resolve. And we all know that bitcoin is a very strong kind of digital currency. It will be a big thing in the future.

[RamBahadur.Gurung]

Now the prices have stabilized at around $4,000 per coin, and I am quite happy with the end results. The past few days have proven that China is not capable of destroying the Bitcoin. A 10% decline in the exchange rates doesn't mean anything. We will be touching $5,000 per coin in just a few weeks time.

[Katashi]

Bitcoin is back at 4k dollars again, what now china? This nation that hopes to have a monopoly on Cryptos will not be succeeding, sorry to tell you but you are not enough to destroy the future of Bitcoins or the world of crypto itself. We all know your schemes sorry to tell you that china.

[stephanirain]

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?

In my own opinion, bitcoin will never die because of china because china is not the only country who uses bitcoin. Eventhough the price of bitcoin decreases when china started to ban bitcoin in their country, the price of bitcoin today is now recovering that's why bitcoin will not die because of china.

[Singbatak]

Yes we all answer is No. Because we now see that bitcoins are gradually increasing the price. So whatever china does they can not overthrow the Bitcoins. We expect the return of the Bitcoins to 4,000 $ and probably make New All time high again. Nothing can really break down bitcoins and we expect it to increase to $ 10,000 next year. And we can get the comfort of life

[Grim149x]

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.

[Arindava]

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.

[longpro098]

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!