End of Dragon Era?

[HasHe]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

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[NeuroticFish]

China still has the benefit of cheap electricity, cheap workers and from the fact they can copy anything without worries on copyrights.
If the Japanese will make a better ASIC miner, it'll get copied and used locally. I don't know what their regulations are about, but normally they should help Bitcoin and people reaching it legally, however, even regulations cannot stop Bitcoin. Even a ban would only make a little harder to do Bitcoin transactions, but the rest of their BTC industry - mining, ASIC building - will remain mostly unharmed.

All in all, while Japan and other countries will get bigger and bigger shares of the cake, the dragon era is not over yet, their share of the cake is still very big.

[kotajikikox]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

more bitcoiner afraid about the china  banned for bitcoin exchange the value dip down last week almost 3500$ because people shock the dicision of china bitcoin banned and the people panicking, until now the decision of china still stand banned the bitcoin, but starting this week even have banned for bitcoin slowly go rising again the value of bitcoin, so i never believe END OF THE DRAGON.

[pedrog]

China still has the benefit of cheap electricity, cheap workers and from the fact they can copy anything without worries on copyrights.
If the Japanese will make a better ASIC miner, it'll get copied and used locally. I don't know what their regulations are about, but normally they should help Bitcoin and people reaching it legally, however, even regulations cannot stop Bitcoin. Even a ban would only make a little harder to do Bitcoin transactions, but the rest of their BTC industry - mining, ASIC building - will remain mostly unharmed.

All in all, while Japan and other countries will get bigger and bigger shares of the cake, the dragon era is not over yet, their share of the cake is still very big.

Chinese miners may lose cheap electricity, apparently they do not qualify for government electricity subsidies and they're being investigated right now.

[Nawaytes]

I hope this is the end of the golden age of dragons, and welcome to the samurai dynasty. Hopefully they don't make panic attacks like the dragon (always) to get a cheaper bitcoin. Without China bitcoin will be fine.

[Karpeles]

Japan can't compete in prices with China, they have cheap almost slave labor and China keep their currency artificially devalued in relation to dollar. Unless they make a breakthrough on ASIC technology or the rumors about China cracking down everything about BTC comes true they probably won't be competitive

[NeuroticFish]

Chinese miners may lose cheap electricity, apparently they do not qualify for government electricity subsidies and they're being investigated right now.

When they'll lose this, then we can indeed talk about "end of dragon era".

Japan can't compete in prices with China, they have cheap almost slave labor and China keep their currency artificially devalued in relation to dollar. Unless they make a breakthrough on ASIC technology or the rumors about China cracking down everything about BTC comes true they probably won't be competitive

If Japan makes a "breakthrough on ASIC technology", China will copy it in no time, then use/sell a much cheaper clone.
I see Japan's power in the financial institutions. They can earn a lot from trading and investing in businesses that incorporate Bitcoin on various levels. The Bitcoin's ecosystem has a huge potential of growth.

[talkbitcoin]

So,would it be correct to term this as end of dragon era in bitcoin?

no, because the "dragon" had never had any era in bitcoin for it to end. the price, the volume (real vol not fake vol), the number of good exchanges, number of real businesses adopting bitcoin, number of merchants, people investing in bitcoin,.... are a lot more in other countries compared to China.

the only thing that has ever been big in China was mining farms and mining manufacturers. and nothing about these two has changed yet.

[carlisle1]

China still has the benefit of cheap electricity, cheap workers and from the fact they can copy anything without worries on copyrights.
If the Japanese will make a better ASIC miner, it'll get copied and used locally. I don't know what their regulations are about, but normally they should help Bitcoin and people reaching it legally, however, even regulations cannot stop Bitcoin. Even a ban would only make a little harder to do Bitcoin transactions, but the rest of their BTC industry - mining, ASIC building - will remain mostly unharmed.

All in all, while Japan and other countries will get bigger and bigger shares of the cake, the dragon era is not over yet, their share of the cake is still very big.

Chinese miners may lose cheap electricity, apparently they do not qualify for government electricity subsidies and they're being investigated right now.

that's their problem right now and if japan pursue about this plan more people will support this as we knew that they got a quality works than china
so even china have capability duplicating anything the quality will still the basis so for me OP has good point its and end of their era now.

[BTCLovingDude]

i will only believe this when i see Chinese trading volume goes to actual zero. until that day they are in the game with the same strength as before (it was not as big as they showed it on the media but it was big enough).

and so far the volume is not actual zero. there is a lot of activity coming from China. did you know that bitcoin price is so much lower over there? and people are on a buying frenzy? on top of it there is always localbitcoins and others where they keep trading bitcoin on.

[Przemax]

i will only believe this when i see Chinese trading volume goes to actual zero. until that day they are in the game with the same strength as before (it was not as big as they showed it on the media but it was big enough).

and so far the volume is not actual zero. there is a lot of activity coming from China. did you know that bitcoin price is so much lower over there? and people are on a buying frenzy? on top of it there is always localbitcoins and others where they keep trading bitcoin on.

There was always such a sittuation with the chineese exchanges that they were faking the volume quite badly. Even the ceo of BTCChina once have admitted that it was a huge issue.

People were on a buying frenzy and new money were flowing to the Mtgox as well.

I am not saying if the sittuation at the China with btc is fake or not. I know that China has all the reasons in the world to control their financial system. When you are in possition of devaluing you currency you said a) you need to say b) to control the ways how money is transfered to and from the country. It is just logical to assume the whole sittuation is for real.

[Flomo]

the bitcoin heyday is not limited to here, bitcoin has penetrated into the world and many countries have recognized it, so bitcoin does not just stick to china, and fore all issues will disappear over time.

[Siren]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Its there own doing that causes the end of the dragon era. The bitcoin that they cherished and started was suddenly put to a halt by their government. For me, the mining industry will be affected as well sooner or later. Let all look at it at the bright side, other countries will take over, like you said. Japan has invested heavily on mining hardware so in about a couple of years they will also be a force to reckon in terms of bitcoin mining hardware or mining itself. So yes, its the end of the dragon era as I see it.

[michkima]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

They're just reluctant now, but I think they'll change their minds. When China see's that bitcoins and the cryptocurrency industry can change the world, it will re-evaluate it's decisions. But right now, I don't think they'll close everything and shut out crypto, maybe this is just a way of them being able to control it since ICOs and cryptos are getting out of hand.

[pixie85]

the bitcoin heyday is not limited to here, bitcoin has penetrated into the world and many countries have recognized it, so bitcoin does not just stick to china, and fore all issues will disappear over time.

And China has shot itself in the knee by disrupting trading. If it ever goes forward with the plan of banning crypto and kills mining too they'll lose so much potential income and cripple part of their industry that's already worth billions. Let them be dumb, there's no cure for that.

[deisik]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

So,would it be correct to term this as end of dragon era in bitcoin?

I guess yes, that would be correct

But this Red Dragon era actually didn't end today, it ended a way earlier, namely, in January-February this year when the Chinese central bank (PBoC) had launched its double attack against Chinese cryptoexchanges. The first time it really had some traumatic effect on Bitcoin (the price went down from over 1,200 dollars down to 750 dollars per coin), though it quickly rebounded. The second time, when the PBoC ordered the exchanges to suspend all crypto withdrawals as well as deposits, the effect was mostly insignificant and ultimately inconsequential. As it seems to me, that was the real end of the Dragon. What we see today is just its agony and death throes

[stompix]

If Japan makes a "breakthrough on ASIC technology", China will copy it in no time, then use/sell a much cheaper clone.
I see Japan's power in the financial institutions. They can earn a lot from trading and investing in businesses that incorporate Bitcoin on various levels. The Bitcoin's ecosystem has a huge potential of growth.

Yeah they can copy it but they will need the know how to produce it.
And it's not like in a car where you can easily copy as the materials are known and the manufacturing process is simple.

We're talking about 7nm chips which until now nobody has the technology to produce.
It doesn't matter if you have the finished product at hand, there is no way to copy it.

The same happened to the materials from the f35. They have the blueprints but they are unable to produce the materials as they lack the technology.

[hatshepsut93]

Maybe the recent Chinese action against crypto was caused by the fact that China lost a significant amount of their influence over cryptocurrencies in this year. First, they have lost their dominance in Bitcoin market volume, so they no longer can manipulate the price, and then with a failed attempt to takeover Bitcoin with their project Bitcoin Cash it became clear that mining power doesn't equal to control over the network, because you can't force full nodes to follow you. So, it's possible that China started viewing Bitcoin as a threat, especially if it can be used as a gateway for their money to escape the country.

[DewiKirana]

This is good news. Better that the dragon era soon ends and vanishes, it will make better bitcoin and no tension like yesterday. I hope in the era of samurai will be better than the era of dragons.

[2double0]

It feel really great whenever I take part in a debate that includes China nowadays. 
Actually yes, we may call this as an end atm because other countries are not following such harsh actions of China and doing what they want in their own insignificance towards China's bullshit bans. We should feel great that Chinese investors are still not leaving Bitcoins by "shifting" their money out of China to Japanese and Korean exchanges (according to news reports) and buying back Bitcoins. This shows that whether any government may interfere and shut down things off their country, but they can't kill the interest and enthusiasm we Bitcoiners have in ourselves.

[pearlmen]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Bitcoin has not only touched the $3950 but has consistently surpassed the $4000 mark and its equally good news that the Japanese government are taking the bull by the horn rather than playing by the side ways like most countries are doing. The dragon era is not yet over, as this will continue to repeat itself in the sense that, if its not China, it will be another country but until when bitcoin has reached a larger percentage of the population, we can then admit that the dragon era is indeed over.

[Falgorn]

We do not yet know for sure how the Chinese government will act in relation to the existing decentralized currency and what will result from such events. After all, it may be that the imposed prohibitions and restrictions on the expected results do not bring and China will have to cancel them.

[alyssa85]

Yes - it's the end of the Dragon Era.

China has made a serious mistake. Bitcoin was one of the few technologies where they had an input and an effect - eg inventing ASICs and dominating mining.

That baton will pass to Japan. Ever since japan legalised bitcoin earlier this year, we've had mining developments and exchanges opened and whatnot. By the end of next year they will have dominated mining and China will be languishing behind their firewall wondering where it all went wrong.

[FrueGreads]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Well I think it's time for bitcoin to expand and don't be associated with any particular country. That's one of the points on decentralization I guess. With everything that is happening with China bitcoin is only getting stronger, even though that is not still reflected in it's price. As soon as bitcoin gets immune  to China FUD, the market will gain more trust on BTC. Since many countries like Japan, Russia, South Korea, etc, are investing in it, and in it's development, rumors from China will no longer be able to cause huge fluctuations on the price, and more and more people around the world will buy it, and it's volatility will decrease.

[deisik]

Yes - it's the end of the Dragon Era.

China has made a serious mistake. Bitcoin was one of the few technologies where they had an input and an effect - eg inventing ASICs and dominating mining

There is still no certainty

We don't even know what they are really up to. The papers which we have seen so far might very well be deliberate fakes aimed at bringing the price down. Tomorrow or in a week, the PBoC might come out with a statement that they fully embrace as well as support Bitcoin, and that their intentions have been severely misunderstood and misinterpreted by the public. Would you be surprised then? But this is what we could well expect from China, i.e. turning 180 degrees, and then turning again in less than no time

[eaLiTy]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.
So,would it be correct to term this as end of dragon era in bitcoin?

You really cannot be that sure to analyze this recent regulation of bitcoin exchanges be the end of the dragon era since it could be a good thing in the future as we wont see any inflated volumes in the future and that the whales wont manipulate the volumes,this regulation news might have hit the market but it wont in the long term,but i am happy to see the announcement of GMO as we need more competitors to the ASIC manufacturing monopoly of bitmain.

[voztata]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Even without China, bitcoin can always survive and that’s what the world has proven. Most people thought it was over, with some of them making the worst statements. I even thought price will fall to below $2k, but surprisingly…it’s back

[jc89]

So,would it be correct to term this as end of dragon era in bitcoin?

no, because the "dragon" had never had any era in bitcoin for it to end. the price, the volume (real vol not fake vol), the number of good exchanges, number of real businesses adopting bitcoin, number of merchants, people investing in bitcoin,.... are a lot more in other countries compared to China.

the only thing that has ever been big in China was mining farms and mining manufacturers. and nothing about these two has changed yet.

I can't help but to agree with you on this one. That's exactly the thing, there's no dragon era or whatsoever. Yes, China have given impact in the btc community but I don't think it's enormous enough to be called an era. China isn't and can't be considered as an institution in the community and it's time for other countties to step up and take over China's spot.

[slowlii]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

If you mean assian people by saying dragon, the answer is a YES. They won't participate to this ecosystem anymore as they're fearing from their governments.

[filharvey]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Surprisingly,it seems to be true as we could see nowadays,no news coming related to bitcoin in china.Otherwise,there would have been lots of news discussing about china's move regarding bitcoin.

It seems that FUD spreaders who used the topic china to create panic in the market which they found to be logically working now have gone in search of other topics so that FUD could be spread once again.

Some times,it seems that we have over reacted to china's decisions regarding china's policy over bitcoin.Any way,chin is now out of the path of bitcoin's progress.

[tweetbit]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

Well now they’re trying to comeback as the rally of bitcoin increases might trigger they’re money hunger. It can be called “the dragon era died and live again but in a chicken body”. This is the best thing they do and the only choice they have to be back on circulation in the bitcoin community.

[iamTom123]

Yes - it's the end of the Dragon Era.

China has made a serious mistake. Bitcoin was one of the few technologies where they had an input and an effect - eg inventing ASICs and dominating mining. That baton will pass to Japan. Ever since japan legalized bitcoin earlier this year, we've had mining developments and exchanges opened and whatnot. By the end of next year they will have dominated mining and China will be languishing behind their firewall wondering where it all went wrong.

I belong to the many who believe that we don't need the big presence of China in the Bitcoin community. I know that China is representing one of the biggest markets there is but it is the big source of so many headaches and bad news which affected the value of Bitcoin for the past many months. Just look at how Bitcoin is urging right now...without the influence of the China market (though of course Chinese money still find ways into it).

Soon there is a big possibility that China can be back on the table but this time around they should be behaving well otherwise they should be kicked without thinking twice. On another hand, I also think that the market has already matured and could not be easily swayed by FUDs anymore. It should be clear by now that Bitcoin does not need China but it can be the other way around.

China feared Bitcoin like a hot potato but there are some rumors that it is already thinking of reentering the cryptocurrency market (aside from introducing its own version of a crypto).

[jcojci]

if china is leaving bitcoin then we can still using bitcoin although the support of bitcoin is depend from the other country. i think bitcoin will be fine even if china is finally not giving the biggest support like before. but i don't think that china will let this opportunity goes because china will using this chance to make biggest profit from bitcoin.

[Falgorn]

The government of China has not yet announced the figures how the ban on holding the ICO and restricting the trade in the crypto currency on the Chinese exchanges, on the economy of this country, was affected. I
  I think that they have not achieved much success with their limitations and prohibitions. But they certainly lost their profits from the activity with the crypto currency. In any case, China is no longer the leader in bitcoin mining and the volume of transactions conducted in the crypto currency. The Chinese have moved to trade in the crypto currency in neighboring countries - Hong Kong, South Korea, Japan. Miners began to search around the world for the production of bitcoins in other countries and stopped, in particular, in Canada and Russia. In this regard, China is no longer a leader in the crypto currency and in this sense it can be said that the era of their dragons has ended.
    Bitkoyn after these prohibitions and restrictions, from the end of September, on the contrary began to grow strongly in price, having increased in a short time to $ 20,000, and this proved that even the largest countries, such as China, can not affect it. It is a decentralized digital currency and is not tied to any state.

[Chopmoney]

Typical analysis would make it seem that China is weaning its economy off cryptocurrencies. But appearances are not always as they seem. China still exerts a significant influence on cryptocurrency prices. So the Dragon Era has not ended.

[Xester]

Soon China will be surpassed by Japan and other European countries. With the banning of cryptocurrency at China some miners have already stopped mining. Others have transferred mining locations and are now mining on other countries and others have mined in secret. If China will still not release this ban then soon mining in China will deteriorate until it will die out.

[shaikhimoqc]

Despite China's ban on ico, the transaction of digital cryptocurrency currency continues!

And there are more and more investors in China's digital cryptographic currency!

Maybe at some point China will open up its digital encryption policy!

[xhoondilan]

I think China is not fully banned Bitcoin, because Bitocean is from china and the founder is chinese and written to their goals is to make china use Bitcoin that is strictly following the law. So maybe  they don't want the people to freely use Bitcoin because they're country is very strict in military and laws. The Bitocean is a company that's makes Bitcoin 2 way ATM that you can buy and sell Bitcoin anytime anywhere in they're ATM.

[befriendmywater]

Despite china's actions to ban ICOs and strictly regulate bitcoin exchanges,bitcoin price has recovered from a slight downfall and now its price is $3950.More over,japan's internet giant GMO has announced that it would start manufacturing ASIC miners which would be a big competition to Bitmain in mining industry.

  So,would it be correct to term this as end of dragon era in bitcoin?

I think your prediction was wrong. Bitcoin has been pumped up to $ 9k2 at the present time.
I think you should not be too pessimistic about the future of bitcoin. Because there are so many billionaires, financial economists have confirmed that bitcoin will be the most valuable currency in the world in 2022. Bitcoin has really helped a lot of businesses. So bitcoin deserves to be the world's great coin.

[Kakmakr]

Besides all that happened, Bitcoin mining is still going strong in China. It has been 7 months since this announcement has been made and we still right where we were back then. They even promised to produce and sell PC-ready ASIC mining cards to consumers. 

Meanwhile Bitmain is still going strong. https://twitter.com/bitmaintech/status/981169456411021312?lang=en So, Do you still think anyone can catch up to them?

[Jimmy palumbo]

So far, no country has been able to stop the rise of bitcoin.
Bitcoin is still at a very low price in the long run.

[dado7]

How could it be? China is a second strongest economy in the world. They will always have a say.
However, the question is whether the community will stop overreacting to FUD coming mostly from China. Probably not. However, they advanced the most in the sense of regulation and we can expect more of that news from other countries from in the future and hence the attention could shift a bit.

But again - regulation is a good thing. Regulation is not prohibition. I will repeat this another 100 times if I have to.

[Xester]

The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments  while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.

[ruthbabe]

The moment China closes it doors to cryptocurrency and bitcoin, that was the end of the Dragon era on cryptocurrency. China banned cryptocurrency in their country, they shutdown big exchanges and confiscated mining equipments  while they minimize power consumptions of other miners. China has placed pressure to the cryptocurrency community and the effect was large selling of btc volume by the citizens and migration to other countries where Crptocurrency and bitcoin was not illegal.

As far as I know, China did not ban bitcoin. Why is it mining and also the use of Bitcoin and other cryptocurrencies were legal? What I know is that China only prohibits banks from dealing Bitcoin so as to make it harder for anyone to use cryptocurrency as a tool to smuggle-out China's wealth.

[lamcouz]

Not yet, and currently Bitcoin prices continue to rise. If you want to buy and invest Bitcoin I suggest that you immediately buy it. many people predict the price of this bitcoin will continue to rise, and you will benefit greatly if you can buy it now!

[ALI AKBAR]

Really happy news that the era of the Dragon Age will end forever and disappear. It will be good for all of us. Samurai era will be much better than the Dragon Age. Bitcoin entered the world and many countries recognized it. As a result, all problems will disappear over time.

[Gatot84]

The Chinese government does not remain silent, where China will act with the existing decentralized currency and what will result from such an event. If all that the ban imposed and the restrictions on the expected results do not carry and the Chinese government has to cancel it for the economic benefit of the government itself.

[salmanahmedone]

I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.

[Opnsrc]

I do not believe that it is the end of the dragon since and still china holds the large number of bitcoin investors, and still china can make their decision and make another decision that can make bitcoin value down, which is so bad to think, I guess we should not feel relax since there were still panic sellers and no assurance of china's decisions.

I think that you are absolutely right. Even if you buy Bitcoins for the prices of today, in future (if you do not sell your cryptocurrency) you will get the biggest profit. BTC will be gaining, naturally.

[freesia_pnp888]

who do you think China is lol, they are not that powerful enough to be so called "ending an era". not a chance, though sometimes they affect the market but ending an ear of bitcoin is something bigger.

[mmo4me.2016]

At this times, the price of Bitcoin has also dropped sharply! But I always believe that Bitcoin and altcoin will increase price in the near future! The ban on the use of governments and organizations is purely bearish, but I believe the market will recover soon!

[Lexi44]

Yes, this could be the end of the era of the dragon, but that does not mean bitcoin will end, bitcoin at this time is better when viewed from the side of price movements, because at this time bitcoin prices are not too fluctuating.

[jcojci]

although it is the end of dragon era, there will be the next dragon from Asia that is trying to be the leader and it shows with Japan that trying to compete with China. but the bitcoin will still exist no matter who is the dragon because bitcoin is not just for one or two countries, but bitcoin is for all country and all people in all places.

[avoxosuccesful]

it is true more bitcoiner are anxious about the china prohibited for bitcoin trade the esteem plunge down a week ago very nearly 3500$ in light of the fact that individuals stun the dicision of china bitcoin restricted and the general population freezing, up to this point the choice of china still stand prohibited the bitcoin, however beginning this week even have restricted for bitcoin gradually go rising again the estimation of bitcoin, so i won't say its end of dragon era or what ever term its given.

[reck1ess]

China is one of the biggest contributor of BTC, especially in terms of mining power. We all know they have cutting edge technology plus the cheap supplies. But it doesn't mean its the end of dragon era if they ever be stopped or profibited from doing so. As i said they are just 1 of the biggest contributor. There are still a lot of countries to count.