Will Bitcoin Die Because of China?

[OrangeII]

Probably NO and that's for sure. It has already been tested that bitcoin rises even more after it went down following China's decision to ban ICO and Bitcoin. That indicates that bitcoin can still surge high even without china.

Yes, I doubt that bitcoin will die in China. And even if several other countries prohibit it, I don't think it'll die. At the moment, although it's not stable, but it's an active asset and it's alive.

I think china does have an effect on bitcoin. however, it will not make the bitcoin disappear, because the rest of the world uses bitcoin, so it may only worsen its price, and this has happened.

[bitbunnny]

I don't know where these ideas come from, that China will decide the destiny of Bitcoin?? China is not the only country in the world and can't influence Bitcoin market in so significant way that it could vanish because of it.
Stop exaggerating the role of China in cryptocurrencies, Bitcoin can survive even without it.

[Amelial]

No, bcos many countries accept bitcoin also many people still do bitcoin business

[Morticio]

One of the reasons for the sharp drop in bitcoin is, of course, the sharp pouring of bitcoin into stock exchanges from China. But bitcoin won't die, I sure

[cschy01]

My answer is NO.The reason is bitcoin was not just depending on china or not just in china and there people using bitcoin in digital marketing system.Bitcoin depending on allover the world who work in crypto currency.And the most interesting thing is after china band bitcoin in there country then in few days bitcoin was hit in 19k from 8k.

[klavyemaus52]

We seen it its still alive showed itself to we i told to buy from 7 k on the forum i wish someone buy

[achsan fauzy]

Same with statements from some people , bitcoin will not end because the chinese to prohibit the use of bitcoin . And the facts that happens now is , coin that is owned by china was more plunged by points as market .

[Ruthless67]

Bitcoin is not due to China, but other countries have suffered a slight decline through Bitcoin ban, so I think that Bitcoin will rise and fall naturally for you so you will be the only one to lose, so do not stop investing because it will explode like a big bomb Bitcoin.

[ololajulo]

Over time I believe the idea of bitcoin ban in china is scam to acquire more and invest into it. No matter what had been said they are still making impact in the circle. Bitcoin may never die but I hope in the future it will share a strong competition with new coins.

[nankers]

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?

for your last question the answer is YES. you can see, for now so many countries other than CHINA prohibit and banned any transaction that uses bitcoin as a means of payment. but whether the bitcoin is dead, of course not. the decline in bitcoin prices because of it, yes it is certain. but it does not make bitcoin disappear and die. internet and technology are the main factors of the existence of bitcoin in the world. so, as long as the internet exists I think bitcoin will still exist and will definitely grow in technology and system

[Reyan]

If mining and networking operation were banned in china if would hit bitcoin hard. The activity of china's government just show us that blockchain technology work and do for what it was done. Bitcoin but it is just a portion throughout the world.

[Hobo66]

I would say no because bitcoin is populated
all around the world, so it is impossible for
bitcoin to die, the only problem will be the
price may get very low per bitcoin.

[reynilynedago]

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?

China is one of the biggest country who contribute  to  th advancement of bitcoin. It will never happened to die our bitcoin because of the said country.  They have its own reason in there government .Even this country gives bigger contribution to bitcoin it wont happened to die , there are some countrymies who still there.Think positive

[Anewor]

Its a big No as everyone is telling and by now the bitcoin have survive despite of how much pressure has been laid upon by the countries banning bitcoins. And while countries have banned there are also countries that have supported it, thus it will never probably die as said.

[AliMan]

Its a big No as everyone is telling and by now the bitcoin have survive despite of how much pressure has been laid upon by the countries banning bitcoins. And while countries have banned there are also countries that have supported it, thus it will never probably die as said.

Bitcoin will never stop just because China is banning bitcoins. There are many countries in the world that support and accept bitcoin as an alternative form of currency. It will never die just because one of its biggest supporter are now prohibiting btc in their country. Other big countries can take  over and fund for bitcoin develepment so it will not going to die.

[kdiag]

Initially, of course every global news ban in China, will affect the cost of bitcoin, even the new year is already impact, but with time comes recovery and the acquisition of a high price, millions of cryptopeople in China can not leave bitcoin even if ban.

[Wong Gendheng]

With or without china bitcoin will be like this, despite the fact that china is the largest bitcoin user but they are not dominant so that global power is stronger than china, the proof is when china enforces strict rules on bitcoin bitcoin prices do not drop.

[mashino12]

I think that bitcoin will be alive for a very long time . Its price will only grow . China will not be able to kill bitcoin .

[tayogpanganiban]

China is not the one who controlled bitcoin so there's no reason that bitcoin will Die . Bitcoin decreases it's price everytime there are negative news from china but i don't think this will be the cause of death of bitcoin. There are still many countries that supported bitcoin even without this country.

[canque31]

China is not the one who controlled bitcoin so there's no reason that bitcoin will Die . Bitcoin decreases it's price everytime there are negative news from china but i don't think this will be the cause of death of bitcoin. There are still many countries that supported bitcoin even without this country.

Bitcoin just won't rely on one country. There are still huge countries were Bitcoin is used. So it is impossible that Bitcoin will die because of China. As long as there are investors that invest in Bitcoin, it will survive.