Are We Dead Without China?

[Goldberg007]

No not really,bitcoin have huge investors. The potential of bitcoin is huge, chine can't make any difference.

[wenas]

without china bitcoin will continue to be awesome, south korea and japan are getting active and massive using bitcoin and i'm sure without china everything will be fine.

[Avdotiy]

This is an Internet market... All chinese big investors and miners are already warking in other countries. We can see it on charts.

[378budiman]

China is the largest country with the largest population. They hold 20% Bitcoin. If bitcoin is banned in China, then this will not affect the market. so we do not panic, sure bitcoin will not be unstoppable.

[furry04]

If you watch the btc documentary the investors there used to say "if China bans a thing than we should invest in it". So there is no need to panic even if China bans it btc will not be dead just a bit of decline in its price.

[ArnoldChippy]

China is the largest country with the largest population. They hold 20% Bitcoin. If bitcoin is banned in China, then this will not affect the market. so we do not panic, sure bitcoin will not be unstoppable.

Yes that can be right  although china play important role for bitcoin but it does not mean that without china bitcoin will remain as no more, bitcoin is a universal currency and it will survive in any kind of cercumstances.

[Dannaey]

Of course not. There are a lot of countries out there. China is not the only one who believes in the future of cryptocurrencies. The FUD news are just literally FUD. I think it is their tactics to spread fear.

[BTCMILLIONAIRE]

China is the largest country with the largest population. They hold 20% Bitcoin. If bitcoin is banned in China, then this will not affect the market. so we do not panic, sure bitcoin will not be unstoppable.

If China actually dumped all of its Bitcoins the price could drop as much as 20% or more (if they really hold that number). But that would just mean Bitcoin discount sales.

[KipKoolCrypto]

no china is a huge market but its not the bees knees, its not the cats meow, its not the dogs bollox

[Karakyli]

Here at the forum in one of the topics was shown a diagram as from September 30, when the Chinese government forbade miners to mine bitcoins, bitcoin began to rise sharply in price, which is happening to this day. It was explained by the fact that the miners of China could not put the produced bitcoins on the market, which increased the cost of bitcoin due to a decrease in supply in the market. Thus, the fact remains: without China, bitcoin has sharply begun to grow in value and feels good to this day. So without China bitcoin feels very good.

[Thadeous]

Here at the forum in one of the topics was shown a diagram as from September 30, when the Chinese government forbade miners to mine bitcoins, bitcoin began to rise sharply in price, which is happening to this day. It was explained by the fact that the miners of China could not put the produced bitcoins on the market, which increased the cost of bitcoin due to a decrease in supply in the market. Thus, the fact remains: without China, bitcoin has sharply begun to grow in value and feels good to this day. So without China bitcoin feels very good.

China dominates in mining not only BTC, but most of other coins.
And my guess is that Chinese government is definitely involved into this coin price race

[ihsanskanzaone]

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.

bitcoin will survive without china but bitcoin price will be affected by bitcoin ban in china because we know the bitcoin user of the biggest country in chinese world so most bitcoin market is in china if market closes then most bitcoin users will stop using bitcoin and will berimbas on bitcoin market which is so quiet that bitcoin prices will go down.

[metalglowd]

If you watch the btc documentary the investors there used to say "if China bans a thing than we should invest in it". So there is no need to panic even if China bans it btc will not be dead just a bit of decline in its price.

Can you PM me the link of those documentary, i interested.

But, this is also make the other country that already have regulations about bitcoin like U.S is worrying the trader.
Most of those people help ppl to pump the price 

[martin1221]

China has the biggest population of miners and i think we will not be dead without the china. But our cryptocurrency market will lessen. They bought a big help in this market. If it will happen, our profits also maybe deducted

[trauchot]

Bitcoin suffered very hard because of China, and many investors was from China from which was depending bitcoin course, because billions money was invested, but as we see, bitcoin goes further and grows more, which means that new investors from other countries appeared, which means that bitcoin can dispense without China.

[gutavo1dias]

We are not dead without China. Bitcoin is decentralized and if centralization occurs well Bitcoin will figure out a way to become more decentralized. It always does

[smajler]

No way, Btc now is so strong in the world. Even if in china the btc will disappear other countries they support this technology so it's impossible unless the internet era will end.

[Snub]

China is not te only player on bitcoin market.
Too many people all over the world use BTC to make it depend only from China.

[yausundy]

bitcoin belongs to all over the world，it has little to do with China

[Jannatul Shefa]

I don't think without  China bitcoin will dead.Bitcoin will survive without China. But as China has banned bitcoin.May be it will impact on others.