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Author Topic: Will Bitcoin Die Because of China?  (Read 14375 times)
eert
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April 01, 2018, 09:37:22 AM
 #1161

Hello, I agree with your point of view. The Chinese are indeed very important to promote the development of Bitcoin, but the attitude of the government is different from the people. Looking back at past policies, Bitcoin still exists. At that time, China’s policy came out. After that, the price of Bitcoin dropped in the short term, and then Bitcoin began to rise. The emergence of the policy made the whales obtain more low-cost Bitcoins. The Chinese government helped the whales.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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cutiemolit
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April 01, 2018, 09:44:19 AM
 #1162

In history of bitcoin china is one of the countries in asia that so many big player get benefit on bitcoin but after the government banned bitcoin in their country it has a big effect on bitcoin industries but as we see even without china's support bitcoin still on top and bitcoin surprise us by surpassing our expectation.


I don't believe that Bitcoin will die because of China. Yes, China is a very big catch in business but there are other countries that still support Bitcoin. Even if Bitcoin is banned in China there are still big countries who invest and buys Bitcoin. As long as there are countries all over the world who support btc it will survive the tight competition in crypto world market.
drippx
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April 01, 2018, 09:51:11 AM
 #1163

bitcoin is not from China, and China can't do anything about it. Because if they do something bad, they will burst out, which is a pity for China, which is most opposed to bitcoin.
I'm very upset with this bitcoin because I can make money now.
cizatext
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April 01, 2018, 09:52:51 AM
 #1164

China is the market hub for bitcoin and China host the largest bitcoin mining firm, but in at that bitcoin will still survive without China because China is just a big part in bitcoin but not the whole. China banning bitcoin may affect the market negatively but can never kill the bitcoin market in totality.
Pujangga
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April 01, 2018, 10:06:56 AM
 #1165

The majority of bitcoin users today are Japanese, based on a lot of Japanese data holds up to more than 40% of all bitcoin stock, this makes anything that happens with china hence will not have any effect on bitcoin.
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April 04, 2018, 04:38:05 PM
 #1166

Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
Danlopz
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April 06, 2018, 04:55:30 AM
 #1167

Bitcoin will not die because of China. China has no longer have the biggest share in bitcoin value, it's now Japan. And other third world countries are now participating in cryptocurrency just to improve themselves financially.

Maybe this is for a while, because China is a developed country with a very rapid economic development. besides, china has a lot of people who are smart in trading field. can also china state banned bitcoin because there is a certain purpose, because many are using bitcoin for transactions.
Ahimoth
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April 06, 2018, 05:05:02 AM
 #1168

Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
No I don't think so they are capable of doing that. Maybe they can slow the progress of bitcoin but there's no chance that they could stop it. With the help of internet I think bitcointhat will always be there because setting the internet off is the inly way to stop its function. Because of that China has no chance to stop it and they will just get disappointed with their plan.
JohnsonJesse
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April 06, 2018, 08:20:19 AM
 #1169

Bitcoin is not dying, any negative news might affect its prices but it will always bounce back up and come back stronger, all it just takes is some time.
DoublerHunter
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April 11, 2018, 10:17:15 AM
 #1170

Actually china is really sucks, the withdrawing their investments in bitcoin creates a big impact but it will not casue to the company of bitcoin to die because there are lots of people still supporting them.
No I don't think so they are capable of doing that. Maybe they can slow the progress of bitcoin but there's no chance that they could stop it. With the help of internet I think bitcointhat will always be there because setting the internet off is the inly way to stop its function. Because of that China has no chance to stop it and they will just get disappointed with their plan.
In fact, China have the chance to stop bitcoin because they are one of the most powerful country in the world and they have a lot of network through different countries so it will be easy for them to influence other countries to stop using bitcoin and banned it like what they did to bitcoin so there is still a threat for bitcoin because of china's influence.
zafaryaqoob
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April 11, 2018, 10:58:26 AM
 #1171

This is your thinking and fair Bitcoin will die But In My opinion, Bitcoin is Most trusted cryptocurrency at this time that'll not die it's time grow Bitcoin.
Toshibaro
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April 11, 2018, 11:02:45 AM
 #1172

Bitcoin would not die even though China decided to ban bitcoin in their country because bitcoin will be alive if there are still investors that will invest on it.
Base on my research, China is the biggest population that is using bitcoin as their financial problem solver.
rtm125
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April 11, 2018, 01:20:17 PM
 #1173

Although China is a major player on the world stage, I do not think that it can contribute to the disappearance of the cryptocurrency.

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Dondisimo
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April 11, 2018, 01:25:09 PM
 #1174

Yes, China can influence bitcoin and create certain obstacles for it, but China is only a part of the world. And it is unlikely that he will be able to have such a great impact on the acceptance of cryptocurrency by the rest of the world.

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Konco126
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April 11, 2018, 01:32:11 PM
 #1175

I think bitcoin will not die by china. Because many large countries use bitcoins. Until now bitcoin is still there and still intact even though the price is currently decreasing, but I'm sure bitcoin still exist and the price will improve again. We don't fear bitcoin die by china, because we have many big country in it.
tayogpanganiban
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April 11, 2018, 01:37:48 PM
 #1176

No countries can control bitcoin,it depends upon the people,as long as there are many people who support and uses bitcoin liked us then bitcoin will not die.

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pekavcilar01
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April 11, 2018, 01:43:19 PM
 #1177

Bitcoin depreciation is not in the hands of a single country. If Bitcoin is losing value, they are taking the money in the market.
The prices are so low because of the big bosses we call whales.
Every country has its own market.
Keeminakar
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April 11, 2018, 01:57:50 PM
 #1178

It seems to me that this country has such a strong influence on the whole world and the world economy that it can really have a very negative impact on bitcoin and its disappearance.

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miti251194
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April 11, 2018, 01:59:16 PM
 #1179

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
kalstarzz
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April 11, 2018, 02:24:33 PM
 #1180

this is a lot of countries are starting to glance at bitcoin so I think if only china prohibit hard to be able to make bitcoin will stop, bitcoin although not get support from chinese bitcoin will continue to run with support from other big country
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