Bitcoin Is Better Without China!!!!!!!

[AllisGood]

we are just a chess pawn and nothing more than that. i understand what you mean, for example in my country indonesia many stores are controlled by chinese descent merchants and their products mostly imported from china with cheaper reason (no racist intention). before that there should be known first it was about Chinese culture where they taught their children more business. and they choose hungry today for better future. Chinese trade tactics are remarkable. and we should learn from such a thing.
and now are we really "ready to starving"? and it's reasonable why China controls the Bitcoin market.

big investors want to start their business will certainly choose a promising country. if you want to start then look for one of these developing countries who certainly have the resources needed. maybe indonesia country   but i am not sure if indonesia has the resources infact they still import from another country.

[moamin77]

IMO, BTC is better without the folks who are always afraid from China & any decision made in China

[mindrust]

The truth is, China wanted to take control over the bitcoin network.

They tried every dirty trick there is. All failed.

They tried to fork bitcoin, they tried to attack with hashing power, they tried to bash bitcoin and pump alts...

I think they finally realized that they are powerless against a truly decentralized monetary system so they give up. Now they know they can't control bitcoin, they won't be able to do it ever, bitcoin is useless to China.

In fact, Bitcoin makes it possible for the Chinese people to escape from that shit hole.

So, they naturally, banned it.

That's good for everybody. (except the poor/innocent Chinese people)

[coolcoinz]

I think people are overreacting to news from China. It's just one country and the world is big. China may have an influence right now, but I bet not even 20% of coins is in their hands, so even if they all sold at once the drop wouldn't be this big. We went down because all other investors started selling for whatever reason.
Oh, no, the Chinese are jumping ship, Bitcoin is dead, let's sell! :D

[Ucy]

Honestly the ban and unban is causing price instability. But you wouldn't blame the ordinary Chinese who are aswell the victims.  The government needs to be responsible.

[lokpalnaik]

Yeah, definitely somehow it has shaken the market little bit. As we know China has very strong network, plays an important role in cryptocurrency.
There was a great opportunity to popularize bitcoin and  taking it to next level. Unfortunately China has closed the door for it.  
Its good that China has shown its reaction now only. So that it can be strengthened its market without the paper tiger.

[Ghani]

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

yes I agree and I just want to say in my opinion
bitcoin live and exist because the community is 100%, not because of china or any country

[perla]

IMO, BTC is better without the folks who are always afraid from China & any decision made in China

big % of bitcoin volume controlled by china that's why china have big effect for bitcoin price. but maybe now nothing to worry because if china ban bitcoin or not allow to trade bitcoin, they not controlled price again

[Saisher]

They will always be a part of the Bitcoin community because Chinese people are all over the world and each country has a community on it, one of them had dual citizenship and history tells us Chinese support is good for bitcoin progress.

[digitalgame4life]

Well I totally agree that bitcoin is better without china because its constantly up and down because of China, on the other hand there is much rumours and lies spreaded out that has nothing to do with China as a whole, its just people wanting to buy cheaper coins in order to profit, if China does go out than you can expect the prices to drop heavily because we have alot of Chinese investors in cryptocurrency, it takes the market a long time than again before it goes up cause in western countries they are scared as a chicken cause of the volatility, if cryptocurrency gets more stable it wil be big in western countries as well.

[Ayiranorea]

Honestly the ban and unban is causing price instability. But you wouldn't blame the ordinary Chinese who are aswell the victims.  The government needs to be responsible.

The government tries to take control over the trading activities happening with each and every trading exchanges. It has provided with the time target of 15th and now several exchanges have scheduled to settle all the trading related financing by 30th September. We can expect a conclusion by then.

[googlebtc]

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

if bitcoin is better without china and now we've got negative impact and if we can without china about bitcoin problem will be more advanced for future bitcoin and I hope bitcoin will become stable again and without china or not hopefully bitcoin will be better

[supandi wiharja]

The closing plan of China's largest trade bourse has led to a fall in the price of bitcoin and to date there has been no sign of a further rise.
I think if that happens, this is not a setback because this is a great opportunity to buy bitcoin when prices tend to plummet.
if they reject the existence of cryptocurrency and they refuse to return.
I think without China, bitcoin will not die.

[1Referee]

They will always be a part of the Bitcoin community because Chinese people are all over the world and each country has a community on it, one of them had dual citizenship and history tells us Chinese support is good for bitcoin progress.

Chinese people aren't the problem here, their lunatic government is. People there won't have any problems buying themselves into crypto, even after a total crypto ban. China is a massive country, which brings in massive growth, but thus far, their government has only caused Bitcoin to go through sell-offs like we have experienced in the last days. One way or another, this must really come to an end - it's insane that one country is causing so much trouble, even in current days. People are sick and tired of this, but yet they let China get the better of them, what a jokers. People should stop focusing on something that has nothing to contribute to Bitcoin and crypto in general. FORGET CHINA! Focus on how Japan and South Korea are taking over the Asian continent in a positive way - that's far more interesting. If it was up to me, I would right now kick out China entirely from anything crypto related, just to get rid of them.

[neya]

it is time we proclaim to the whole world that Bitcoin can be better without the influence of China. We don't need China to make Bitcoin survive. By next year, all of these things can be history and maybe we should learned the hard lessons that China is just a big headache.

It is time for Bitcoin and the whole of cryptocurrency to move on without China. We can still survive without it and in fact there are many BIG companies right now who do not also have any presence in China. We should not be afraid that Bitcoin can die without China...in fact the opposite can be true.

we can survive without china cyrpto not depend to them. but it has an effect to crypto world by now. but maybe after a month will recover. some investors just panic because of that china ban bitcoin but after that will recover and go back to normal.

[darkangel11]

We can say that Bitcoin without China will be better. Their price manipulation is arrogant and unbelievable. But they have a vast majority of hash rate. If they would decide to mine their own Bitcoin then it would be bad for us. The only upside of forks is a chance to earn some money if you have a lot of BTC (recently happend when BCH fork occurred). I'm only afraid of 51% attack which might be possible in the future. I hope more independent people will start to invest in Bitcoin which would result in making it more hard to perform.

Don't forget that they also brought a lot of money to the table. Do you remember when the Chinese exchanges first opened? The pump was incredible, but then they started covertly moving money out of the country, government got wind of that and started shutting them down one by one and we had one of the biggest downtrends ever.
History likes to repeat itself...

[jubalix]

BTC is going to get very expensive in CNY

[bitcoindusts]

I do not think that Bitcon will be better without China.  It is always a downfall whenever a supporting citizen is being out of the market.  Bitcoin will be missing the demand this people of China is giving,  so I guess it would be better if China is still with bitcoin.  The sudden hostility of the Chinese Government may push down the price of Bitcoin but it gives new blood a lower entry  price making it more attractive to the new investors to hop in the Bitcoin economy.

[Fundalini]

Having a large entity joining the market like china has disadvantages that far outweighs its benefits. For starters, it can sway the market to it's advantage since it has a considerable influence. Yes, it can pump the price sometimes, but mostly its just FUD. So, yes, I think bitcoin would be better off without them.

[Zenithar]

Well I totally agree that bitcoin is better without china because its constantly up and down because of China, on the other hand there is much rumours and lies spreaded out that has nothing to do with China as a whole, its just people wanting to buy cheaper coins in order to profit, if China does go out than you can expect the prices to drop heavily because we have alot of Chinese investors in cryptocurrency, it takes the market a long time than again before it goes up cause in western countries they are scared as a chicken cause of the volatility, if cryptocurrency gets more stable it wil be big in western countries as well.

to me i think that china play important part in promoting bitcoin and we have to accept the fact, but i think that bitcoin is now decentralize and is already present throughout the world therefore i think that a single country cannot effect bitcoin too much.