Bitcoin successfully defeated China

[Baehr123456789]

The People's Bank of China (PBOC) was among the number of government authorities to deem ICOs as an unauthorized fundraising method. This is certainly the Chinese state laying down the law and threatening all and sundry. The cryptocurrency crackdown was expected to be due to "unreasonable abuse" in the Chinese market.

[Wexnident]

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.

Still, losing China is a major loss to consider, thinking of how it negatively affected Bitcoin and made all crypto market to fall. But that's a good sign and good to hear that Bitcoin is able to slowly recover and again, to reach 4000$ without Vhina. This thing only shows that Bitcoin already grew that it can still withstand promblems such as what happened. Maybe at the end of this year Bitcoin's market price will be back to its price before the backdrop or even higher.

[Tungsten-1]

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.

I have never ever considered that China was actually trying to kill bitcoins. Moreover, I think it will be back in few days. Whatever they did was necessary for their economy and local currency. China supports digital currencies and its concept. I don't like them spreading fear but I think we must not get influence by anyone else's decision and trust bitcoin potential more.

[Kevondo]

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.

Chinese were trying to make the bitcoin down but it is not the time to make it down yet the price and the value of dependent on the bitcoin value. Bitcoin will not be affected by the loss of it will take the bitcoin go high. The price of the bitcoin is depending on the people who are using bitcoin. The value of the bitcoin will grow as the time passing and it is increasing.

[ss890]

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

I still believe in bitcoin without china coming back into the action. The prices are fluctuating for me when it was 2010 and it is fluctuing for bitcoin in 2017 and I don't believe in china really. So I still had my investments up there no matter what happens.

Prices will pump always so I will keep my investments ready for bitcoin and do it whenever I feel like doing it in first place. The ideal thing to do would be getting your investment done without relying on anything and you could win the market with a clap! Hope to see some good profits next week or so.

[websoftwareengineer]

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.

Even though bitcoins win over china and they already legalized it, Other countries are not yet safe from being banned. The lesson is, Do not use bitcoins for illegal transactions so we can still profit money from it continuosly.

[Bitcotalk]

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.

I think as far as role of China is concerned, China was only trying to take control over Bitcoin so that it can get as much benefit from Bitcoin as he wants. But the fact is China failed in a very bad way.

All the plans made by Chinese went useless and it is Bitcoin once again who managed to take lead over all the things.

[civilufo]

Well, it is a nice topic to discuss as  everyone is fear of China dumping bitcoin due to its rules and regulations. At least we know that China is not the only big player in btc now.

[amaral1977]

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.

they will be back regulated. And one of the biggest points of the regulations will be partial ownership for some of the comunist party guys. In the end this is all about geting a piece of the pie. And the chinese government, being comunist non democratic can easily nationalize part of the business and then continue to gain with "foreign" capitalism.

[Lancusters]

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.

I think as far as role of China is concerned, China was only trying to take control over Bitcoin so that it can get as much benefit from Bitcoin as he wants. But the fact is China failed in a very bad way.

All the plans made by Chinese went useless and it is Bitcoin once again who managed to take lead over all the things.

Don't underestimate China. It is important not to allow the Chinese government to use bitcoins in China or not. Every 6 people on earth is Chinese and they have been and will remain the owners of a large number of coins. It can not influence the market of cryptocurrencies.

[boyptc]

Well, it is a nice topic to discuss as  everyone is fear of China dumping bitcoin due to its rules and regulations. At least we know that China is not the only big player in btc now.

Not until now, the price was pumping and it looks like the fear to China on cryptocurrency drama is now over as the price started to reach another good rate. And let's expect when the ban was lifted to their ICOs then there's a chance that the price of bitcoin can go up as we never expected that even with those ban the price of bitcoin started to have a good rate.

[d1ceplayer]

for sure,china will remove their banned in bitcoin after seeing that bitcoin will not be affected even they banned it into their market and they wil market it again so btc will rise more to the moon.Btc is too strong enough i think and no one can easily wipe it out in crypto market.Well,congrats that we know bitcoin,it is really a big help to those who not work like me.

In my opinion, there is nothing in this world which can stop Bitcoin to earn more good reputation in the international market. As we have seen the efforts of China in order to bring down the value of Bitcoin but that didn’t have any bad impact on the reputation of Bitcoin. Bitcoin will keep on rising high in the future.

[gamalzour]

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.

This is a time of celebration for bitcoin holders that the most useful and amazing digital currency has successfully passed the storm created by China in order to destroy bitcoin. This is what really attracts people about bitcoin. Bitcoin are not controlled by anyone and they have provided freedom in literal meanings to the world. Bitcoin are unstoppable now.

[robotrobert]

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...

China is now past think about the more new comers who are joining now be ready to secure profit because it is coming sooner, Chinese wants to hold price in their hands but bitcoin proved one thing that it is not depending on any region and in future china will regret about their decision and will be to join the community of development.

[ericson]

Yeah youre definitely right that bitcoin overcome that crisis and recovers quickly i see that the $0.80= 1 btc to $4200+ = 1 btc is not just a label so im glad and also hyped that i can see the no joke bitcoin comeback i guess it is a legend at all  soo im already investing some enough mony and leave it and wait to thr year end and hoping it will reach $5000 or more lets get right to  business boys lets get this opportunity and wait for year end or plus too then celebrate or gift ourselves lol for the bitcoin sucess and you too. Bitcoins development is truly interesting and hyping lol so exited to whats happening next

[SkyFlakes]

Not totally defeated China because the reason why the price rise up again is because there are some big exchange are not close and continue to operate that's why chinese still can buy coins.

We cannot deny the fact that China contributes a lot in world's economical status just like how this country became so influencial in terms of trnasactions and tradings here in bitcoin, rumoredly stated that they banned bitcoin in their country frightened most of us since they contribute alao in bitcoin's price which is totally visible when it depreciated at 10% rate and it triggers the speculations that bitcoin will soon be gone, eventually bitxoin has recovered its amount and slowly gaining the loss again because of the new cohntries who legalized it as part of their lives, so definitely China doesnt defeated bitcoin.

[shinratensei_]

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.

I think as far as role of China is concerned, China was only trying to take control over Bitcoin so that it can get as much benefit from Bitcoin as he wants. But the fact is China failed in a very bad way.

All the plans made by Chinese went useless and it is Bitcoin once again who managed to take lead over all the things.

Don't underestimate China. It is important not to allow the Chinese government to use bitcoins in China or not. Every 6 people on earth is Chinese and they have been and will remain the owners of a large number of coins. It can not influence the market of cryptocurrencies.

Please see that latest data of the market capital in each country simply by seeing the local exchange of china. they currently have rather low amount of trading volume in 24 hours compared to when the regulation hasn't been released yet. By that, you can assume that all the money were migrating to other country as well as the bitcoin that china holds, you're too scared of something nonexistent.

[ndcm]

Well, not totally defeated because the main reason why the bitcoin decreased is due to China banning the bitcoin, and some Chinese market didn't stop regulating which helps in rising the value of bitcoin. We can't really deny the fact that China contributes in bitcoin market. But I love the fact that bitcoin is proving itself, China banning the bitcoin doesn't really made a big impact.

[giarised]

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.

There is nothing wrong in believing that bitcoins are the most expensive and flourishing crypto currency t present and people are highly attractive towards this nee kind of currency. Bitcoins are highly expected to rule to world economy in the coming years and this is the reason why banks are afraid of bitcoins.  

[BureauChef]

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.

There is nothing wrong in believing that bitcoins are the most expensive and flourishing crypto currency t present and people are highly attractive towards this nee kind of currency. Bitcoins are highly expected to rule to world economy in the coming years and this is the reason why banks are afraid of bitcoins.  

I'm a big fan of bitcoin. The society of bitcoin make China enjoy a had defeat came from bitcoin. Now the only thing the Chinese government can do is cryring over the bitcoin and mining facilities they will lost or they already lost. The future of bitcoin is shinny.