Will Bitcoin Die Because of China?

[Fireblade]

In the era of globalized Internet economy, individual governments do not have authority and power to act against a decentralized currency like Bitcoin. Even if China will go out from the game it may get slow the rise of Bitcoin's price, but it will never destroy Bitcoin. All situation on the world market is showing us that currently Bitcoin is spreading over the world and wins more and more heart, the case of China is just like an exception, which doesn't perform the whole tend.

yes that is right to say that a zingle country cannot effect a decentralize currency so much. although we have to accept the fact that that bitcoin has the majority of the users are from china, most of the minors are also from china, but still i think that  bitcoin is a universal currency and therefore i alsocoin.  do not think that a sigle country can effect the priceo bit

[MisterKT]

Bitcoin will not die because of a single country, but the trend is affected.
However if the group of countries formed an alliance to ban the bitcoin, it would lead to a greater influence or even to the disappearance of the bitcoin

[Radnie]

No Way!China market might affect a small percentage of dropped in the beginning but later on bitcoin will surpass and continue to increase the value.

[betterbitcoin]

Gambling has been illegal in china for years, yet they are the biggest gamblers on the globe.. same goes for the states.. all it does is drive things underground soon there will be points setup where you can buy coin with a suitcase full of money

[forkchain]

No bitcoin never be die because of china. bitcoin run by all of the world people not just of china.

Bitcoin is decentralized bitcoin cannot be die easily if you are thinking like that then you are actually wrong you should need to see the current situation because bitcoin is growing once again rapidly.

[Flodemaga]

They affected a bit bitcoin since they were and are a big investors into mining as well traders and supporters, but bitcoin its decentralized soo it had recover and there is no way to stop it no matter the influence it has, bitcoin walks alone already.

[youngwebs]

If bitcoin would die because of China.... Then Bitcoin has 9 lives just like a cat.
China killed Bitcoin many times before, and every time the rat is higher than before it was "killed".... 

The chinese will find another way to buy bitcoin, and if they can't, they will buy alts, for which they need BTC after all!

[Chairul Muttaqin]

No bitcoin never be die because of china. bitcoin run by all of the world people not just of china.

Bitcoin is decentralized bitcoin cannot be die easily if you are thinking like that then you are actually wrong you should need to see the current situation because bitcoin is growing once again rapidly.

of course bitcoin will keep go ahead without China. the other users from another part of the world still supporting bitcoin also developers of bitcoin as well. so even if we lost users from china i think bitcoin will always keep exist.

[devil jin]

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?

Yes I do really agree with you. It is practically not right that because of China's loss in the bitcoin community because what they have done on banning bitcoin exchanges in their country, we can now conclude that bitcoin will die. No it is really not just like that because China was just only a part of the big bitcoin community even though they are a big loss in the community because a lot of big potential investors can be located on China, still it does not imply that because they are gone, bitcoin will die. Remember, there is still a big percentage of bitcoin users in the world that was enough or more than enough to keep bitcoin going.

[SirLancelot]

Not really because their are to many countries that uses bitcoin anf legalize it, and even though bitcoin is banned in China many investors are rich for investing, and as we see that bitcoin can recover fast, but still China is a very big effect and damage to the bitcoin, the population of bitcoin users in China are too many, thats why a very big effect.

Now many countries had joined the lane of bitcoin and hold of china is vanished there will be no effect of china on market in future, so no one has to worry about it, Chinese thinks that bitcoin will die but bitcoin is not depending on them, if they join again they will be user not the administrators so they will be in their limits and will use it calmly.

[Boomber]

No, i think there are still many other countries that use and allow the use of bitcoin so bitcoin will continue to run.

[cakra]

china did affect bitcoin prices a few weeks yesterday because of news banned ico. but still many other countries are quite influential still legalize bitcoin like japan.

[Exotica111]

NO !!! might be slightly affected but will not die ...

[Tukang Becak]

china did affect bitcoin prices a few weeks yesterday because of news banned ico. but still many other countries are quite influential still legalize bitcoin like japan.

This is because some countries like japan, south korea, and latin vietnam legalize bitcoin so the price will not drop. I'm sure if there is no news the Chinese government banned bitcoin the price was past $ 10,000.

[Babyrica0226]

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!.

You are definitely correct dude, It maybe true then that China has a biggest average percentage in terms of mining farm in the whole world, but it doesn't they are able to destroy or kill bitcoin that was totally ridiculous, they may ban ico to their place but in the other country of course.

[yaunzunsha]

Hydropower networks are in the hands of the country, to find someone is very simple
Although China should not rush to kill, but they have the ability

[jakoylantern]

For me Bitcoin will not die because of China, China just can’t control bitcoin can’t track and they just want to create another Cryptocurrency that they can control. But bitcoin prices decreased after china ban the bitcoin. 

[BitcoinCommodor]

NO! there might be a small dip in the valve but it wont die.After the dip there will be huge boom in its value. Ban by China will affect. Expect BTC to be around 4500$ by the end of 2017. 5.2k$ should be expected as a closing by the end of Jan 2018. 10k ? by the end of Jan 2019.

Yes pump and dump is the part of bitcoin if it dumps it doesn’t mean that it will end. Bitcoin will not die without china it is rising and now its 4kUSD and will soon touch 5000USD and then the profit rate will be attained and no one will complain or ask about its worth or say that it is dying so stay calm.

[nocturnalsheet]

bitcoin will not die for sure. China is just 1 country. Bitcoin is all over the world

[Dexion]

say "bitcoin will never die because of china" ,, the most favorable thing for chinese society is bitcoin ,,, a big source of income for china society is from bitcoin ,, lots of mining in every house because there electricity is so cheap ,, so used to mine bitcoin ,,
should the statement be "will china die of bitcoin"?