Bitcoin successfully defeated China

[pugman]

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

A fact that will shut people's mouths indeed.  People have been boasting that stupid FUDs can take down bitcoin, well I can say one thing to ya,"To your face" dawgs. Wait until China gets back into bitcoin after the regulatory measures are taken, bitcoin will shut your damn mouth because listen up,  Russia has invited mining firms in a place Leningrad, so that they can also contribute a lot in crytpo mining.

[lalunalaguna]

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

Well after the circumstances that bitcoin cryptocurrency had faced, along with the banning of bitcoin exchange within the country of China, still bitcoin can recover and regain its great dump. It just proves that bitcoin is really a fast growing cryptocurrency and capable of regaining its price ratw whenever it came into a dump situation. This only implies that China is not a great lost for bitcoin to loose its consumer because of the dump. In fact, it only proves that bitcoin users are really too big in count that it raises the demand to make bitcoin price rate pump into the initial price.

[astrid.uchiha24]

or it might be china's move that bitcoin wento 4000$?
who knows what those chinese men thinking, they are business minded to begin with but from what i am seeing now with btc, im happy for it

[doomloop]

Bitcoin is much bigger than one country. One country alone cannot dictate the direction of Bitcoin, at this point it is global.

Even if all the major countries banned it, people that really want to buy will always find a way, and some countries will always keep it unbanned because it will be on their interest to do so, they would become crypto friendly niches and they would reap the profits of that while the rest get nothing, which is why it will never happen, at some point you are missing out if you ban it, which is why i also think China will retract from his position and unban it eventually.

Since Chinese already know how to make lots of money in the crypto world, even if the Chinese bans it, they will always find a way to trade/invest into it, whether using vpn, having a non-Chinese in China to buy bitcoins for them.

I really hope that they will retract their positions though, it was sudden that those who have millions worth of investment in there suddenly panics  sold off crashing the market. Its not the world that will suffer, its those Chinese investors who really love bitcoin because they are earning huge amount is the real loser here.

They would need to be using OTC. If the leaked papers from the chinese government are reals, they are going to ban Tor and VPN's. So I guess Tor is out of the picture now, most main VPNs will be banned, so they will need to find fresh VPNs that aren't banned which shouldn't be hard.

But meeting in real life and making the deal will most likely be the way to go for them. You can't never stop people from doing that. Also in the future we will have send-and-receive satellites and then it will be over for all these government scammers.

I think holding bitcoin for long time without any country problem will make the price of the bitcoin very high so if you want to invest in bitcoin and you are in china it is very easy to search the process to invest in bitcoin and make the trusted site to contact you. It is not good to make only one country be responsible for the down price of the bitcoin as a lot of other countries are using bitcoin and they want to make good income through bitcoin.

[stephanirain]

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

It is really good that bitcoin has defeated china even china is one of the biggest countries who uses bitcoin, bitcoin still proves that they do not need china and can survives without them. But if there are still countries who continues to ban bitcoin maybe bitcoin drops its price.

[pendekar cinta]

yes we should be thankful with this great news. Hopefully other countries are wiser if they want to ban bitcoin in their country. Because the losses to be received are also large for the people themselves and never affect the price of bitcoin so far in the market. So it will be useless without any meaningful constraints for bitcoiner in the search for profit.

[Ctn]

Yeah that's the very nature of bitcoin to pump itself back and start working as it does always. Even we discovered this power of bitcoin at the time of hard fork and now this second well settled proof for the new investors of bitcoin that it can grow normally even if it is taken down by some means.


I'm also excited to see what happens when the regulated exchangers goes online in china. This will be the most historic event to see in my life because who knows the price could rise more than 2-3K once they start investing. This we can tell for sure because we saw similar downward movement for bitcoin price. In the same way it will start rising too. Hope to see 6K plus price at the start of 2018 year. Better start putting all the money into it.

[darewaller]

Definitely, because no one can defeat bitcoin, it will only be defeated if no one would not be interested in bitcoin anymore and regard for the latter I think it is rare not to use such cryptocurrency that is decentralized, has the advantage to increase in its value, and not prone to inflation and many advantages it has. No one can defeat it because it become popular worldwide and many are willing to invest, make it an asset for future use, then if only one would ban it, it is not reason that it will be down totally. I am positive always that it will pump up even it decreases its value and I think it is because of its volatility because it is the nature of bitcoin.

Yeah we all surpass this great chaos and now we are intp widely demand that will make bitcoin a nice investments for the future of our finances. As we took part of the system of bitcoin now, we are going be the most reliable proof of bitcoin's growth. So we better stay strong and don't worry about the future even though bitcoin is volatile but still we are going to benefit from it's pumping moments.

Right from time, I have always known that Bitcoin is the best investment one can make in the world. No matter what happens or.how much the price falls, you shouldn’t panick or get worried about it. Just take it as the perfect time.to buy in. Simple! And for China? Get LOST!

[Anita1873]

It already doing that as bitcoin already start moving upward and in this run, it will touch its new high before closing of this year. No one can start bitcoin from rising, it was just one week downfall of BTC because of 2-3 bad news comes in very short period of time and market already absorb that and now in rising mode.

[giveen]

Not yet the price is struggling to get a higher price resistance which it had when china was a part of it there is still lot of selling going on it is hard for other traders to stop that to occur when china was a part of this chain it was really hard for anyone to dump the price this is surely temporary as months come people will start replacing them but for now it's just not working.

[TheCoinFinder]

Bitcoin was never ruled by any specific country and it now came in seen that china had no ultimate power to direct bitcoin toward a lower position.
It is only disappointing for crypto traders of china that their government has snatched trading activity power from them.
I hope we can manage cryptocurrency market alone in future

[sunsilk]

The price is starting to be good at $3,800 and basically this means that we are able to overcome the Chinese drama's and FUDs of Jamie Dimon.

Bitcoin did overcome but I won't consider that it is successfully defeated China. There's no competition with China or something like that.

It's just their gov't tries to regulate bitcoin.

[gabmen]

The price is starting to be good at $3,800 and basically this means that we are able to overcome the Chinese drama's and FUDs of Jamie Dimon.

Bitcoin did overcome but I won't consider that it is successfully defeated China. There's no competition with China or something like that.

It's just their gov't tries to regulate bitcoin.

The issue with jp morgan is probably over but the chinese fiasco i think isn't over just yet. There are still exchanges running and people trading there and the government hasn't cracked down on everything yet but bitcoin has shown resiliency so whatever happens in china likely won't have that big effect of btc anymore

[Senja Kemuning]

This proves that bitcoin users other than china more dominant, when there is information china banned bitcoin a week ago and the price drop, I had thought the price will drop below $ 1000, but my guess wrong and now the price is stable and close as before there is issue china banned bitcoin .

[trecore4]

Even they banned bitcoin or altcoins in china we still have those country who support bitcoin and they don't want to lose there profit as you can see russia and other country are trying to make an recover for bitcoin the big pumped happens right now is very important to see how bitcoin powerful is.

Indeed I agree in this. China is not the only one country in the world, I mean come on there are bigger and powerful nations out there who will invest big money in the bitcoin or altcoin projects. It's just the news that will keep all the hypes of china news and letting us feel like we are in danger of loosing our money. But no, that's not the case by any means and other countries will out all the efforts in it to grow bitcoin as they know they have to make it part of their countries.

[Freezingel]

Well, even if bitcoin is banned in china, there are a lot of other countries that will take china marketshare. There are a lot of people that want to buy and believe in bitcoin.

[electronicash]

Well, even if bitcoin is banned in china, there are a lot of other countries that will take china marketshare. There are a lot of people that want to buy and believe in bitcoin.

its best when they are around though. soon they'd be back right when the regulation laws are furnished. it won't take long and much sure, BTC will rise up again with its new ATH  again. keep your coins for now and let it grow. the chinese law is the solution to the mass adoption soon more countries will use the law.

[fabrizoc]

Although China may have a considerable number of bitcoin users, holder and traders that should not mean they should put other global users  into ransome,  there are positive indication that bitcoin had defeated China, people has the belief that without the Chinese bitcoin we can push up the price with more countries adopting bitcoin especially other Asian countries will try to counter Chinese policy on bitcoin.

Yes china is defeated by bitcoin and china has many investors but he did wrong to his own peoples. And Chinese people will suffer this badly and as it doesn’t matter china is with us or not many other nation has joined forum and the rate of progress will increase sooner.

[biskitop]

Bitcoin has pumped back to $4000 and up, without no chinese markets involved, proving that we can survive government bans. I am very confident now in a strong recovery to an ATH. Once we reach ATH in a post-Chinese ban environment, we are going to prove to the world that bans on Bitcoin are useless, so they will either join us or keep getting exposed.

I predict chinese exchanges will eventually be back under regulated licenses, pumping the price even further. Get in now or cry later.

I also agree with you, bitcoin will never disappear. although some mention that bitcoin is a fraud, but in fact bitcoin is now more and more demand and its value has gone up again after china market closed bitcoin.

[Sled]

Although China may have a considerable number of bitcoin users, holder and traders that should not mean they should put other global users  into ransome,  there are positive indication that bitcoin had defeated China, people has the belief that without the Chinese bitcoin we can push up the price with more countries adopting bitcoin especially other Asian countries will try to counter Chinese policy on bitcoin.

Yes china is defeated by bitcoin and china has many investors but he did wrong to his own peoples. And Chinese people will suffer this badly and as it doesn’t matter china is with us or not many other nation has joined forum and the rate of progress will increase sooner.

With or without china, we will continue our journey with bitcoin and for sure we will have some real progress in the next months because the popularity of bitcoin is getting wider and more people are now getting in touch with bitcoin and they are preferring bitcoin rather than stock market because of the fast growth in bitcoin that can give them great profits.