Bitcoin successfully defeated China

[Emitdama]

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.

Yes, I also think that this event just shows that not even the strongest of countries can ever take control of bitcoin, they can try, but I think no country would affect the way the bitcoin goes. Actually it is an awesome news for everyone of us here on this forum, as well as anyone who believes in bitcoin.

Price chart shows that bitcoin is not confined to any region and nobody can take over on it is strong and will stay strong and most valuable coin of era also, Chinese were thinking that they will control its prices but bitcoin proved that it is no depending on any specific region and has a lot of investor all over the world who want to see it progressing.

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[BTCbengi]

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.

China does not accept Bitcoin, which means that Bitcoin sources will be moved to new markets and become more profitable. Besides, Bitcoin is developing very well and it proved that despite being banned by China, we are still extremely developed. I think that China's banning of Bitcoin does not hinder the entry of Chinese investors into Bitcoin, and China will eventually accept Bitcoin or quietly see its development.

[Pivo]

It is well distributed really compared tp the past where China has a great portion of the market's movements but now is a different story. Anyway, governments sjould try to acknowledge the opportunities that Bitcoin is giving then release a movement in legality and enforcement and not the other way around.

[Ewinsane]

bitcoin prices have indeed fallen due to chinese decisions banning bitcoin, but bitcoin managed to defeat the Chinese government, now the price is back on the right path, bitcoin is heading to the price 5000. continued success for bitcoin.

Chinese government made this decision to control bitcoin price in their hand and they just make loss to themselves because bitcoin has survived through its hard times easily now Chinese are ashamed that they did this and now they are thinking to hold up the ban and continue bitcoin in their country, they know very well that bitcoin is not depending on them.

[SeksiStarlord]

You just have to compare the volume before the ban on chinese exchanges, its not the same like 2-4 years ago when most of vol was in china so this was just big fud, I am glad its over

[inevertell]

Bitcoin is a digital currency and it is popular to the whole world. Bitcoin in china is not banned forever because it is not possible to control bitcoin so it’s true that bitcoin rate is dump in chaina but its not forever and also bitcoin is a digital currency and it is used in the whole world not only in some countries.

[the rise]

Chinese citizens are very famous by the world as people who like to invest without seeing any risk, there are 20% bitcoin users who come from China, I also thought that CNY will experience long-term inflation and it turns out right, the government is not able to regulate well and ultimately prohibit the participation of its citizens in ICO. This comes after China froze their crypto market in March

I concluded that the government failed to regulate the bitcoin frontally and eventually issued an attitude that greatly affected the bitcoin price some time ago. This can already be called the defeat and bitcoin victory over them.

[arpon11]

Chinese regulations authority decision to ban bitcoin and others coins activities has reduced their influence on cryptocoins market. Many of the exchangers create a lot of panic by closing they business but today bitcoin is now above  $5000 because of the demand for it. We are expecting good days to come as bitcoin was not made to be under governments control.

[komjhq]

Chinese regulations authority decision to ban bitcoin and others coins activities has reduced their influence on cryptocoins market. Many of the exchangers create a lot of panic by closing they business but today bitcoin is now above  $5000 because of the demand for it. We are expecting good days to come as bitcoin was not made to be under governments control.

Generally I do not know How the government will act with respect to Bitcoin, if my officials save their money to hide them from the tax, I turn my attention to the crypto currency. It seems to me that they are not interested in Bitcoin being implemented. The best is to hide illegally acquired property and finance in illegal instead.

[maurobiasolo]

Chinese government can't control the Chinese people betting mania   

[HiringYou]

Bitcoin is decentralized  online transaction system so no country has a direct control over it. A statement or a ban by a country can temporarily drop its price but it cannot have any long term effect. For example when China banned  ICO's and Exchanges, there was a huge drop in its price. But people were having trust on it's potential and they started investing more.Within a week the price started rising again and within one month the price was back to its original value and was raised even more. Now Bitcoin has reached its all time high value i.e. approximately 5300$. So yes we can say that Bitcoin successfully defeated China.

[Sirait]

^ I think the Chinese goal is banned Bitcoin to keep the price down. just like the Russians I saw on Bitcoin banned news too, I think this is a game for Bitcoin prices to go down, then they buy it back. we know today Bitcoin price has reached over $ 4500. very high!!

[raven7886]

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 believe, this is just a statement from bitcoin to the world, saying no matter what you do you cant stop me. Now, even if bitcoin gets banned by strong countries , it won't be affecting its value and it will continue to increase it price. I think, bitcoin is gonna be unstoppable now.

Even the strong countries as you have so called them are just trying their luck, trying to stir the water a little bit as they know there is nothing they can do. Eventually, they won't have any choice than having to switch lanes and some of them may still take a little while out of pride or stylishly get in without any news.

It is normal, it we look at the number of times China has made an attempt on bitcoin and still making the attempt, then you will know they are just mainly noise makers.

[lordquanta]

I think the Chinese goal to ban Bitcoin was a wrong call. Very soon nobody will mention China when Bitcoin is discussed

People have already stopped considering china when talking about bitcoin and bitcoins movement. Effect of china or for that matter any other country on bitcoin's performance has crossed borders of any country. Once upon a time china exchanges has that power, now no one country has it. This year kick started bitcoins progress free from any country's influence. I mean bitcoin price gets positive effect whenever a country adopts or shows good signs about bitcoin. And at same time any negative sign from country shows some dip in price however that dip is covered up so quickly that new all time high is scaled in that process.

[andrei56]

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.

China is slowly understanding that the more they get out of bitcoin the bigger it grows, they thought that with their tactics they could scare people away but instead the community is becoming even more supportive of bitcoin and now we are seeing the consequences of that trust, another all time high.

[naidray]

bitcoin prices have indeed fallen due to chinese decisions banning bitcoin, but bitcoin managed to defeat the Chinese government, now the price is back on the right path, bitcoin is heading to the price 5000. continued success for bitcoin.

A month ago things where in turn moil with China intervention on ICO ban and exchanges banning which was really bad for bitcoin. But also is it a possibility that China government or some institutions started buying hugely after the fall and thus this has helped the price to be on recovery mode and reach above 5k today.

Sure! Whales are always involved but I believe this situation of a huge spike in  price is as a result of what is upcoming. Most

people like me, have quickly diverted majority of their funds into bitcoin knowing some free airdrops are coming by pretty soon and who would ever want to miss such a good chance for good cash. This has made the buy in into bitcoin get huge and I am just happy we finally hit the record finally and looking forward to next target.

[Omega Weapon]

I'm quite sure China will come around because they have all it takes - name it, cheap electricity, population, enough icos. They won't like to be left out from the benefits of bitcoin. I'm thinking they would come back stronger and trying to regulate  or license whatever is happening in there jurisdiction as appertaining bitcoin and altcoins.

The bans on icos and exchanges were never about money, it was about controlling their citizens and even more importantly their money, they do not want to lose grip in their country and bitcoin allows the people of China to move their money freely and the Chinese government was terrified about this and that is why you have seen so many actions taken in the last days and weeks.

[Hotel_Prodeo]

I'm happy with this, and this is proof of and enhances the sense of optimism for all bitcoin users about the future of bitcoin to get better even though many countries are banned bitcoin. I'm sure more and more countries are banned then bitcoin is getting popular.

[KalaiBTC]

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 believe, this is just a statement from bitcoin to the world, saying no matter what you do you cant stop me. Now, even if bitcoin gets banned by strong countries , it won't be affecting its value and it will continue to increase it price. I think, bitcoin is gonna be unstoppable now.

Only a fool or overconfident government can take this foolish step of banning bitcoin after what happened to China. We all know that bitcoin is damn popular now and it has users around the globe. We cannot stop bitcoin now from ruling the world and becoming the next international currency of the world. I don’t find a single reason for which bitcoin could be controlled by states.

[KalaiBTC]

You just have to compare the volume before the ban on chinese exchanges, its not the same like 2-4 years ago when most of vol was in china so this was just big fud, I am glad its over

Chinese give huge loss to the bitcoin and this shows the strength of bitcoin that how it survives from that situation easily and those who are still in favor of china will see that china will beg to rejoin, now there is no possibility that bitcoin can be controlled it defeated Chinese in good way and the investors from all over the world make this happen and they will get profit soon.