Will Bitcoin Die Because of China?

[Aneuk cabang]

maybe it will create bad impact on the market because of china ban, but will it die?? i guess not. there is always something increase or decrease in economic world.

[katarin2030]

Bitcoin will not die just because of China !!!, Bitcoin is a decentralized virtual currency.
We do not have to worry because China will not be able to make Bitcoin die,Maybe China is the largest country population in Asia but that is it will not make Bitcoin die,because Bitcoin is around the world and I think Bitcoin will never die.

It is understandable that china is a powerful hub in terms of Economy and the use of cryptocurrency but that does not mean that bitcoin will die because of China that is just an illusion, apart from china many more countries are there those will help in the raise of bitcoin strongly no worries bec of China.

[Thavite71]

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?

No even China ban every things bitcoin will find other places and back strong again.

bitcoin unstopped forever

[malvinlee]

I think bitcoin will be not die eventhoug power of china is strong. If many people is still doing bitcoin business so bitcoin is still alive

[omorfi]

Cryptocurrency markets will be the new world s Wall Street. And Bitcoin will be the leader of the crypto market. Bitcoin for payments and Ethereum for smart contract based projects. And the others..Long live crypto!

[jaka331]

I think we have all seen that China can make giant FUD but does not have the market percentage to "kill" bitcoin. It used to be higher but that is not the case nowadays.

[Angi]

I think china cant kill bitcoin in their country bitcoin will ban but other country bitcoin is usefull if china cant defeat bitcoin because many people now using bitcoin no one can stop bitcoin on its top even china.

[BlackRock]

Bitcoin will not die just because of China's banning of bitcoin exchanges in their country. There are still a lot of participating countries around the world and imagine that bitcoin has do really have a great number of supporters building up its community so the loss of China will not make bitcoin die that simple since it was just a part of the community.

[Zubayer]

Bitcoin can't depend on china and bitcoin never die for china. Bitcoin is better without China. Actually china doesn't want a happy crypto currency, they always want to destroy someone. It is true that bitcoin never can die only for China.

[PoplavskiySasha]

In general, no, China is one of the largest players in the Bitcoin market, but this does not mean that Bitcoin will cease to exist if China has decided to ban Bitcoin or discard it. Enough and other countries that will support bitcoin, despite China

[YouKnowMe]

I dont think that Bitcoin will disappear if China decided to block Bitcoin in their country. The rest of the world is very interested to Bitcoin. It became even more popular today, now that it reached 19k USD. There is no stopping it.

[Boysen]

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?

We all aware that China is one of the most powerful nations in the world but China can't destroy the bitcoin. Bitcoin is very strong currency and I know that there is no government, group, person or even a nation that can destroy the bitcoin.

[PLAYSE2]

China has a good bit of demand for bitcoin, but it does not just depend on it to survive.

[rfcdejong]

We have already seen that in early autumn China began to "prohibit bitcoin" and ico, at least we were given information. As a result, the market reacted sagging, but then recovered. China's mining capacities began to move to other countries. I think that if not China, then some other country will take the lead in the cryptocurrency.

[just_Alice]

Bitcoin can't depend on china and bitcoin never die for china. Bitcoin is better without China. Actually china doesn't want a happy crypto currency, they always want to destroy someone. It is true that bitcoin never can die only for China.

Why do you think so? I agree that bitcoin can't depend on Chinese or any other government, but why do you so hateful about China in general? There are many different people living there, some of them support bitcoin and some of them don't, but isn't the situation the same in any other country?

[dvillier]

China has a good bit of demand for bitcoin, but it does not just depend on it to survive.

Never......... I think China ban effect a little those user of the bitcoin whose live in China because they not work with bitcoin openly other than this bitcoin is not effected by the China ban, the people of the China are still using the bitcoin. Because the people of the china know how the bitcoin is useful for them. They are trading well and investing well and also they are generating good income with bitcoin. THE BAN OF CHINA CAN'T DIE THE BITCOIN.

[Activitycoin]

Until when bitcoin will continue to stand, without china bitcoin able. China is a collection of greedy people, they deserve a lot of bitcoin.

No I don’t think so that bitcoin will die without china bitcoin don’t care about china and after china ban Indonesia also ban bitcoin but nothing happen to bitcoin it’s still going more strong and popular in market and every know that bitcoin is now accepted to many countries and these countries are very develop and rich then china which a very good thing about bitcoin so bitcoin is all in one and I’m sure that in coming time bitcoin will go more high with its price.

[Rj Manik]

We saw bitcoin wasn't die
Although then bitcoin price some falling but bitcoin  wasn't die.Now bitcoin win many countries economy.I hope bitcoin will never die.Many investor invert their money on bitcoin.So bitcoin investor day by day increasing.

[haster100]

no. news about China. this can lead to a sharp drop in prices for bitcoins, but we see that the current prices for bitkoyn have returned to a high level. we hope that there will no longer be a country that follows in the footsteps of China in its decision about bitkoyne.

[BlackRacerX]

Obviously not because bitcoin is still thriving now. However, this will take a huge toll in the mining community since major pools feom China provide most of the bitcoins in the circulation. Bitcoin supply will be a lot more slower but definitely will not stop moving inspite of the loss of China.