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Author Topic: Are We Dead Without China?  (Read 14680 times)
kondor1030
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October 04, 2017, 07:33:37 AM
 #501

Banning Bitcoin might elevate the price. People will continue selling it on the black market and start smuggling vouchers into the country. People will have to pay premium over the market price. Everybody will forget about China in a couple of months.

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October 04, 2017, 07:55:43 AM
 #502

We all know that there are a lot of people who uses bitcoin in china, especially miners, they hold about 20% of Bitcoin. Even though they can create a huge impact, it's not enough for Bitcoin to die. Prices may fall but surely it will be back to normal, just so you know Bitcoin is Unstoppable, even Bill Gates said so.
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October 04, 2017, 08:16:27 AM
 #503

Well i think we are not dead without china. China is only one country and lots of country around the world are in bitcoin investments. Though China has a lot of investors i think it will nit affect that much the banning of bitcoin and exchanges in their country Bitcoin will still recover without China.

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October 04, 2017, 08:31:18 AM
 #504

China is really an influencial country and has a great impact with the world's economy. Even in bitcoin, it has an impact too. But none can stop bitcoin or any ICO. Even China. We may loss a small part but look how bitcoin has recovered from FUD and negative issues regarding China. If you are gonna assess bitcoin is very firm that it can regain reputation again and again.


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Omega Weapon
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October 05, 2017, 04:42:55 AM
 #505

look, what happened to Bitcoin since they banned Bitcoin initially the price dropped but now its price has gone up again, community lovers Bitcoin pretty strong so even though there is one country that Bitcoin banned is okay, do not be afraid ..

I guess the prices recovered as the Chinese users moved their coins to other exchanges (especially those in South Korea and Japan). In the end only the Chinese government is going to lose. They will lose tax money and employment opportunities to South Korea.
This happen every time there is a regulation of a market in a coutry, governments apply laws to try to get taxes and get a greater degree of control over their citizens, but now we have the option to move our money all around the world, so if they are going to take that posture people are simply going to move their funds elsewhere, that happens everywhere if you want to open a business but your country has heavy regulations, you may decide to open that business in another country, people are going to choose whatever benefits them the most.

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October 05, 2017, 04:58:40 AM
 #506

China is really an influencial country and has a great impact with the world's economy. Even in bitcoin, it has an impact too. But none can stop bitcoin or any ICO. Even China. We may loss a small part but look how bitcoin has recovered from FUD and negative issues regarding China. If you are gonna assess bitcoin is very firm that it can regain reputation again and again.

China plays big roles in crypto economoy but it doesn't mean that they will able to make cryptos dead once they stopped interacting with these.

There will be some stress moment and we can see lots of negative news but still we are in long term goals in cryptos much especially in bitcoin. Just be optimistic because it will pays off. Look at how the price is continuing it's strong trend.


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October 05, 2017, 05:28:52 AM
 #507

China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.

In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.

So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.


Clearly, bitcoin can survive without china. That is a known fact. Yes, china may have a very huge population which are mostly crypto currency lovers. They may have cheaper everything else that makes doing crypto easier, but you also have to consider that china is not the whole world. Chinese people are nothing but a fraction of all the people who love crypto currencies. Losing them won’t kill bitcoin. It may cause damage but not as much as what you think it would. And probably even make bitcoin better.

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October 05, 2017, 06:47:52 AM
 #508

Is the complete planet stagnant with out China? You ought to know that the china is may possibly only a big place of the entire world. The complete world is not dependent on China, but China is dependent on the whole globe! ‍How we are lifeless with no china?
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October 05, 2017, 06:54:01 AM
 #509

china back again next month. so i think BTC go to the top to the bottom again.

That is going to happen for sure, bitcoin dillema is over because of this China banning ICO, but the price of bitcoin is recovering from its huge DUMP and we are all hoping that it is going to hit $6000 this year, when that happen, I'm sure our New year will be so happy and full of blessings. So no matter what happens, I'm just going to hold my bitcoin.
It is true that bitcoins have faced a downfall when CHINA announced to take back the whole game again to the use of paper money and rejecting the cryptocurrencies at a large scale.

This is a fact that despite of all these changes, there has been a little loss at all and now it has been change again to the past situation as CHINA would join the matters in next month hopefully.



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October 05, 2017, 06:54:23 AM
 #510

No its not, sure thing it could affect the bitcoin price as the massive dumps will take place when they decided to fully ban in their country however it is the opportunity for wolves and sharks to buy more when the price fall again.
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October 05, 2017, 02:45:09 PM
 #511

Is the entire world stagnant without China? You should know that the china is might only a large nation of the globe. The whole entire world is not dependent on China, but China is dependent on the whole planet! ‍How we are lifeless with out china?
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October 05, 2017, 02:53:37 PM
 #512

I don't think the Bitcoin market will make big losses without China. Any investor living in China will still try to get involved in the marketplaces somehow, be it through P2P or something else. In any case, the regulation for selected investors will soon be removed. Through all the news, be it positive or negative, more and more people are becoming aware of the potential added value of crypto currencies over Fiat. I mean, it's not the first time that China has attempted to manipulate the market.

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October 06, 2017, 06:47:50 AM
 #513

indeed there is little influence when china really prohibits bitcoin, there may be momentary decline. but the bitcoin will rise again without the china.dan no longer affected by the existing impact and bitcoin still exist without china.
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October 06, 2017, 07:27:10 AM
 #514

No were not, bitcoin populace is not always relying in china although they have da largest holder in terms of crypto currencies but we can truly endure without them. Bitcoin grows and it depends of how many investors are geting entail there.
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October 06, 2017, 10:26:54 AM
 #515

I don't believe that bitcoin will be dead if China ban bitcoin this is a great opportunity to all others to buy bitcoins ,even though China has banned  some of the social network sites such as gmail,facebook,google,instagram,etc;it is the most popular websites in the world ;all these sites have no problems till now ,so I think that China's banning bitcoin may be temporary one and it will be a fortune for others to possess more bitcoins .Even after the ban now the price began rising up.
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October 06, 2017, 10:31:01 AM
 #516

TBH china only make problems, google and Facebook growing great even if china ban them.
they are too unstable and bitcoin will stay alive even without them.
BTC
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October 06, 2017, 10:36:01 AM
 #517

So far so many people have told Bitcoin prices will go down, but those who are seniors have told without china also Bitcoin prices go up and their words kept it up.
I think Without china now excellent for trading and moves to $5000 mark.

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October 06, 2017, 10:39:45 AM
 #518

We are in fact alive without China. I know most of you would not agree but we don't really need big countries like China to survive... all we need are good products to be sold exclusively with bitcoins and watch how the market go crazy. I am hoping that the Koreans would include bitcoin wallets bloatware in their Samsung phones so it would catch the attention of the end-users. Once the giant online stores begin to accept bitcoin as payments, you can forget about China.



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hefo73
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October 06, 2017, 10:46:29 AM
 #519

So far so many people have told Bitcoin prices will go down, but those who are seniors have told without china also Bitcoin prices go up and their words kept it up.
I think Without china now excellent for trading and moves to $5000 mark.

i also think, it will go up and we see 5k by end of this year. japan is good in cryptocoins. becomes more and more improtant

still looking for a good signature
Kemarit
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October 06, 2017, 10:48:25 AM
 #520

So far so many people have told Bitcoin prices will go down, but those who are seniors have told without china also Bitcoin prices go up and their words kept it up.
I think Without china now excellent for trading and moves to $5000 mark.

Actually the price went down because of the crisis they bring to the market. But they are all gone by now. Bitcoin already climbing to $4500 once more. Although its really sad to see a bitcoin giant taking a step backward, we have to accept it. Other countries like Japan and South Korea will now become the new leader. But don't forget that they still have the mining monopoly so in a sense they can still put impact the market if China government decided to put a crackdown on bitcoin mining. Although it is not yet the case, we can't still say that for certain that they will not do it in the future. For now we can go on and totally forget about it. Because the market has since moving in a good direction since they left.

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