rizalzal
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November 25, 2017, 11:35:04 PM |
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without china bitcoin will not die because of the free bitcoin in access all over the world. without china any bitcoin will still exist
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darklus123
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November 25, 2017, 11:57:47 PM |
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Basically we are much more alive having chat out from the picture. In that way mining can be on the all sides of the world. Mining power is evenly divided in each part of the earth that uses bitcoin. I can't say tho if we could get this price by now if there is no china but that isn't obviously not the issue
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CircularLoGic
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November 26, 2017, 12:00:28 AM |
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I belive the goverment has taken action in it because it was becaming too mainstream on China, people started to use it everywhere and people left paper money for digital currency.
While that is happening and they decided to turn bitcoin exchangers and deals down, they'r working on create China own digital currency I doubt is it going to be a way for competition
on bitcoin (Because we know there'r are many altcoins on the market) without the same success bitcoins has.
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Avity
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November 26, 2017, 12:06:56 AM |
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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.
No, we are not dead without China. Bitcoin did not originate in China, nor are they the only ones mining it. Do they have a stake in bitcoin? Yes. If they totally banned it tomorrow it would affect the price but it would not kill it. More like growing pains. |
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Images21
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November 26, 2017, 12:18:44 AM |
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China is not the powerhouse of Bitcoin. Rather, it is the powerhouse of substandard and fake brands. LOL. And oh, china is also the number one manipulator and controller of any fake pumps and dumps. There is no point giving enough attention to the decisions and laws of this country. Bitcoin is free from any countries and any regulatory measures of these countries. Bitcoin is born alone and became huge, taking support not from a single country but from the people themselves.
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Naoko
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November 26, 2017, 12:16:35 PM |
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Probably not! Crypto is not only China, but most investors from there - this is not the only reason that bitcoin survived, there are still a lot of people from different countries who invested in bitcoin and believed in it, so if we don't want that bitcoin will dead, then this will not happen.
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Cryptozond
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★BREATH-BASED illness diagnostic★
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November 26, 2017, 08:32:47 PM |
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I think we will not die without China. Even if the main mining capacities are turned off for replacement, other large states with cheap electricity will come. For example, Russia)
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primera
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November 27, 2017, 04:17:46 AM |
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China cannot kill bitcoin for just banning cryptocurrency exchanges. it would take more than that to at least break bitcoin talk-less of destroying it.
Bitcoin now show the world what true decentralization means after China. Bitcoin is now fully recovered after all that happened with which, yet on the to set the new all-time high. I can't imagine how bitcoin price will be in the next 5-10 years, regardless of what other people are saying about bitcoin.
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stoogiemeister
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November 27, 2017, 04:20:53 AM |
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imo the future belongs to china and to blockchain. this is gonna be bigger than anyone can imagine
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CodeGroup4
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November 27, 2017, 01:53:37 PM |
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China has a great impact on bitcoin but nothing can be supreme here. So, we are not dead without China.
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xiaomingdada
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November 27, 2017, 01:56:10 PM |
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Admittedly. China's contribution to Bitcoin is huge. But without China Bitcoin will also develop well. Because Bitcoin itself is very powerful. The potential of bitcoin is huge. Bitcoin can change people's lives. I'm optimistic about the future of bitcoin.  |
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meanwords
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November 27, 2017, 02:01:51 PM |
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Absolutely no. Bitcoin can survive with or without China as Bitcoin is totally spreaded around the world now and I think Japan probably is the leading country who supports Bitcoin now. Well, China really did help Bitcoin to rise but I think it's the end of the line for their reign over it.
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ubay
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November 28, 2017, 03:14:51 PM |
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China, I think not. Indeed most bitcoin holders are in china, so is the minner. But it will not have a big impact on the circulation of bitcoin, we are the ones that affect the development of bitcoin.
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lol1yatme
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Activity: 201
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November 30, 2017, 11:01:38 AM |
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Its not true we can still survive without china. Its true china is the place where the demand of crypto is higher than other country or i should say they're number 1 on it. But its not mean they're the owner of bitcoins. Bitcoin is free and nobody can control it. Well the price fall down when china banned it but the price is back to normal and even more higher than before
Yes for sure we can do this because now the bitcoin has become the independent country and now the value and the price of the bitcoin is high enough to give all the people the real value and the price for the betterment, we are not dead now because the value and the price of the bitcoin is very high and all the people are using the bitcoin at the low price and the time. |
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GR92
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November 30, 2017, 11:24:54 PM |
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I guess, China eventually will take bitcoin as a full value currency.
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Mei1418
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November 30, 2017, 11:32:24 PM |
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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.
China is a big country with a lot of people. They hold 20% Bitcoin. If BTC is banned in China, then this will not affect the market. Only 15% to date BTC depressed. Do not panic we are sure crypto will not be unstoppable. Good!!, i'm very agree with you sir, don't be panic |
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10000BTC
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December 01, 2017, 02:14:29 AM |
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Bitcoin has proven that, irrespective of your number or current economic strength you can not bring him down.
it was down for a short time and bounce back like never before.
i think no-one can control it now.
it needs strong and collective effort to do bring bitcoin down.
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Rebelf
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December 01, 2017, 02:20:03 AM |
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Within my nation, numerous couple of nations accept bitcoins like a payment.
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ismadanniel
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December 01, 2017, 02:26:35 AM |
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price will never drop..even if ban on china chinese people wont sell the bitcoin hehe..so high chances pirce increase
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Ronaldcoin2017
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December 01, 2017, 02:50:59 AM |
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I do not think bitcoin will die without the far east. my estimation bitcoin without china will not pass away bitcoin in every nations that inteestd in the whole world. because numerous miner bitcoin creumer is not limited to certain country individuals around the globe.but Chinese language traders who have misplaced the opportunity to benefit because their government choices have been injured by certain situations or measures. bitcoin is famous for nearly every country because of the rising bitcoin pricenso
Yes i believe on that .I think cryptocurrency world toaday is continue growing and it seems like its impluence is already scaterring around the globe and i think china will not really a big problem in this feild if tgey ban bitcoin maybe it has only a few effect on the said bitcoin because it bitcoin will not realy depend on 1 country if china banned bitcoin there are many other country who continue supporting bitcoin so then i don believe that bitcoin will die without china. |
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