Will Bitcoin Die Because of China?

[3x2]

of course not. because the bitcoin user country is not just china.

'The more you hold tight the sand in your fist the more it will flow out of your hand. Banning of ICOs by china has not only paved as a highlight for bitcoin but it has incorporated more new investors by catching their attention.

[laravuemaster]

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 agree to that, the statistics sayss that 30% of the contributor in the market comes from china. The value of cryptocurrency before back in september has truly decreased a huge amount due to banning of ico's in china but still it manage to increase its value to $19k dollar back in december so it only means that investors can still make the value of cryptocurrency increase if they will hold their coin longer and bitcoins will not die.

[shanksluffy]

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 no because many country suppprt and using bitcoin that's why china cannot destroy bitcoin. Many people are using and rarning in bitcoin.

[Rhaizan]

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 no because many country suppprt and using bitcoin that's why china cannot destroy bitcoin. Many people are using and rarning in bitcoin.

Some people think that China is maybe the reason why bitcoin price are going g down now, but I don't think that is really the reason because I think the reason of dicrease of many coin now is the all time high that happen last December.

[ignacio0404]

I dont think so, bitcoin has been curled up to everyplace of this earth, so if so, if bitcoin will die because of china, the investors from another country, will be frustrated for their moneys.

[connexus]

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 would say it is NO China is not the only country who involves in Bitcoin Investments. They are a big contributor indeed but the success still depends on the investors who supports Bitcoin and other crypto currencies. Bitcoin will only die if the investors would totally not support and invest in bitcoin and if we will all dump all bitcoin that is in our possession. China’s banning might affect somehow but for sure Bitcoin will recover soon enough.

[CrazeCoinz]

I dont think so, bitcoin has been curled up to everyplace of this earth, so if so, if bitcoin will die because of china, the investors from another country, will be frustrated for their moneys.

We had already seen the effect and that was the bloodbath it's a series of bad news (FUD) to cryptocurrency but bitcoin has still standing and kicking at $8k mark. Yes we had stumble from that issue but we are now gearing to recover as many people still believes in bitcoin and more investors from around the world will invest in the technology of bitcoin. Bitcoin will not die without China.

[andreevaviktoriy77]

Bitcoin will not die even the Chinese stock exchanges ban or ICO or anything. Because bitcoin is all over the world. If China does not use bitcoin, they do not have the effect of prohibition. Because many countries also use bitcoin or crypto currency. Even bitkoyn price reduction will certainly be restored again, because many people will buy bitcoin again if they see a decline in prices, because they want to make money.

[zedrickjuls]

We all know that China is one of the highest numbers of users of bitcoin,but it doesn't mean that if China bans it,Bitcoin will die.China is not  the one who control bitcoin and i think bitcoin can still survived without the support of China because there are still some countries who supported bitcoin.

[12tribes]

Of course not. Granted that China has a large contribution does not mean that the bitcoin life is tied to it. Let me however say that, the China government will NOT be leaving the cryptomarket altogether. To do that is to become obsolete and hurt its own economy when the fortunes of the crypto world, especially bitcoin begins to climb. Mind you, there are other huge markets like the India, South Korea, Japan, America,, Africa and Russia to mention but a few large contributors. Bitcoin is alive and will live.

[claydeey]

Big no! although china is one of the biggest contributor of bitcoin operations in the world.  Granted that all of the chinese will engage in bitcoin but china only consist 12% of the worlds polation, how about the 88% of the world populaze?

[xiaohao111]

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 don't think bitcoin will go extinct because of China. China has attracted large Numbers of miners to dig for bitcoins in China because of its low power resources. When China banned miners from mining bitcoin in China, the miners moved to Canada, which did not affect bitcoin mining. Bitcoin is global and will not go extinct because of a country's prohibition.

[Skyshark]

Nobody can control bitcoin and the cryptoworld, so if china wants to ban bitcoin to their country it is alright, its their loss and they will regret it one day. As I was saying, nobody controls bitcoin, it doesnt matter how strong of a country you are, or a person you are, the cryptoworld will stand on its own without the government and the help of those big countries.

[RIYA0001]

NO, definately a big NO bitcoin is worldwide and more and more people are connected with it and only due to ban in china  bitcoin cannot die .

[SHAWN-MIDWAYS]

Bitcoin was not developed to target a specific country in this case China, bitcoin is for the entire world to use and enjoy the financial freedom its suppose to bring to its users and just as they say there is strength in numbers bitcoin can not survive on one countries contribution, we all play a part in bringing bitcoin and other cryptos to where they are today.

[haxker007]

I figure BTC won't die if Chinese cancel the guidelines of cryptocurrency in light of the fact that not simply from Chinese the financial specialist of digital currency any a major speculator from other nation for example, a Japanese, Germany, Russian and India. But Chinese have an once in a lifetime opportunity for change about the cost of token from hard-fork.

[heveantw]

No way. Bitcoin is not belong China, It lives in internet world. It legal in many countries, it will never die.

[idgaf007]

Bitcoin will not die because of china, it may affect it somehow but it can't kill it. Bitcoin is here to stay, the technology it has will be the future of money but great things will take time.

[Ayaancool]

Never, China doesn't ban bitcoin its just regulated it. And it never gonna end up bitcoin because it's a decentralised digital cryptocurrency which can't end up by banning a particular country. Bitcoins life is in hand of bitcoiners or a bitcoin consumer.

[baby222]

Bitcoin will not die because of China. There are lots of fake news and misunderstanding when it comes to bitcoin. No government can kill it