Bitcoin successfully defeated China

[Sled]

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.

That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

[fedoralite]

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.

That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

It's because there are something government manipulation if they will used the coins own by there government and its unprofitable for them since I think the price of the coin might became stable and only move slowly since we all know that government would not let it defeat there own physical currency. So that's why I think chinese people will still push to use bitcoins since the profit and flexibility of it is so wide.

[1Referee]

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

It highly depends. If you look at the large portion of the average joes, they highly value anything coming from their government, because their government is the only entity to be trusted when it comes to issuing a new currency. I often see how certain news channels 'describe' Bitcoin, but then explicitly points out that Bitcoin isn't issued by the central bank like is the case with fiat, and that exactly there lies the danger. You can bet your money on it that a whole lot of these average joes take this very seriously - for them the government is the central point of everything. It's a damn shame that people don't have the balls and self respect to step out of this system.

[ekoice]

We all feared these much days that bitcoin would lose its value if china does not support it.But bitcoin has proved that it can survive and also succeed without china's support.Bitcoin's price is now $$4,178.Its because there is a huge buy wall all over the world especially,japan and south korea.The loss is only to chinese investors and not to bitcoin.China's actions are in a way good for the progress of bitcoin,but in a long run.

[steveouttrim]

I bet there are still a great many Chinese holding crypto-currency, ban or not. It might be harder for them to use it at China, but there are plenty of other places in the world where it can be used, and many non-Chinese exchanges.

[machinek20]

Yes, now the price has been more than 4k, with or without china we still able to increase the bitcoin's price, so this proved that one country cant defeat bitcoin, there are so still many level of support coming from other countries

[mrcash02]

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.

That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

It's because there are something government manipulation if they will used the coins own by there government and its unprofitable for them since I think the price of the coin might became stable and only move slowly since we all know that government would not let it defeat there own physical currency. So that's why I think chinese people will still push to use bitcoins since the profit and flexibility of it is so wide.

If they launch their token people must use it. On that country government is very strong and if it's say something, their citizens must accomplish. If they want their people using their own token, people will use it. Those who continues using Bitcoin without permission can be severely punished. Anyway, good to know we don't need China to keep Bitcoin expensive and rising.

[Nameless27]

This thread really make sense and Op is right. China will comeback again as they're planned doesn't work out as they expected it to be, they want more than attention but a share of relevance and importance in bitcoin community. They want bitcoin to down and they will make they're own but they can't predict or even contol bitcoin as a whole with the support of loyal investors and users who are believers on bitcoin future. China suffer they're own citizens not the whole market.

[xfaqs01]

i expected this to happen, nobody can stop bitcoin indeed! chinese traders will just shift to another exchanges that are not under the control or regulation of chinese government!

[AwpDragonPoor]

Of course this will happen. Nothing can stop the rise of bitcoin, not even stupid chinese government that is scared of btc taking over.

[Charisse1229]

 I am very confident now in a strong recovery , FINALY bitcoin can defeated china. Hope it is succeccful. Then the bitcoin price will rais the max 10k$,i think it is very good to everyone.

[rjbtc2017]

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.

That's true, Chinese Government failed to kill bitcoin or at least try to take a large part of controlling it, what a control freak. If it is really true that they will release their own token or coin, i just hope that it will fail and will not get any support from bitcoin / cryptocurrency enthusiasts with that event Chinese Government will come back to bitcoin.

Chinese people are smart and they will not use the token or coin that their government will produce because as you can see that bitcoin has a lot of great features and if the token or coin of the government own crypto will not have a better features or at least the same feature of bitcoin then it will not receive or get long lasting supporters.

Chinese knows how to duplicate, they are also mathematically gifted therefore creating another token or coin that will challenge bitcoin would be possible the only problem Chinese Government will face is the support from the outside users (which is not chinese residents). Maybe they will get support because there are lot of money flowing in China, so this is really possible.

[ethereumhunter]

i think we are in a new phase and we're gonna see bitcoin price increase again. no matter what is happen, bitcoin become more stronger and so do the other coins. chinese can not do anything because bitcoin is supporting by many aspect especially the community. so they will regret that they made their decision to banned bitcoin and they will join again later.

[pokeronlinestatus]

Well bitcoin survive chinese banning but it doesn't mean that it will conquer and survive the government banning.
It's good that bitcoin is back again and I am hoping that after the chinese exchange are regulated again, it will go to moon again.

That was only a chance to down the fame of bitcoins. Chinese government better know about the future of bitcoins and they are not such fools to avoid and ban it now. So such little turmoil may happen in future but don’t be sad, bitcoins will definitely conquer the future.

[micleeiu398]

I totally agree with you! China seems to be just being low profile, but I think they aren't really banning it. They may soon be announcing that they are just getting ready for big improvements or something. And I think, many chinese are still holding their bitcoins and will soon be buying more.

It is the greatest achievement of all the time chine was bit proud that without him bitcoin will not survived but it survived and now recovering its prices and it is proved that no one can dump it and it will get a high pump after bit dump so invest and gain profit and enjoy facilitation.

[aysg76]

Exactly, that happened as no can stop bitcoin and it seems unstoppable right now. The price has already crossed the mark of 4200$ and still, it's increasing. The Chinese ban proved to be a little hurdle and it successfully survived from it. As it is still rising I believe it will hike even more soon...

[FrueGreads]

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 don't think the price will rise that much once China finishes regulation and exchanges re-open. I guess that most people sold their coins and moved to other exchanges, so they will probably just stay there. Of course that maybe more people will buy bitcoin, but the suspension was never really an issue. Bitcoins could still be bought with the use of a credit card on another exchange, so I think the market kept evolving normally.

Of course that "surviving" this regulation was a great test for the community, and more people will invest now, since the market look solid now.

[sheryl26]

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 told you that dont believe the hype, bitcoins are just dropping for a short period of time. I've been in this situation before like in before the segwit. The value almost drops tremendously and what did you do? You all panic sell your bitcoins and now what? After the segwit yyou didnt have the profit that every believers got. Because after that the bitcoins value rises and almost doubles the price. And now the chinese incident, some do not believe because the are afraid to lose money. You need tp be brave in this to be successful.

[Bionicgalaxy]

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 yes it's true that bitcoin sucessfulky defeated china and had escapes from the struggles in china. Bitcoin proves that they no longer needed china and it is completely useless when they started to banned bitcoin in their country because there are still many people who still use bitcoin and believes that bitcoin is the best currency.

[okala]

I think Chinese government was I'll advise on this and they just do what will seriously affect them in futures. I can see that China trading volume has reduced drastically and one thing that is certain is that Bitcoin cannot be stopped.