Netnox
Legendary
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Activity: 2044
Merit: 1008
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October 04, 2017, 06:32:58 PM |
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i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.
China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC. |
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usekevin
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October 04, 2017, 06:40:42 PM |
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i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.
China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC. Yes.Even if China think to abolish the bitcoin from China so,it's not all possible. That much power Bitcoin has .You can see this, bitcoin will replace the entire currency system and dollar. Soon it will replace the bank system too.If you inverse means, you can go head. |
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hurain
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October 04, 2017, 06:41:31 PM |
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i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.
China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC. yes that right that China cannot kill bitcoin, despite that fact that they have good contribution in making bitcoin more popular and stronger, but now bitcoin is becoming more popular throughout the world and therefore i do not think that a single country cannot kill bitcoin. but still i am sure that very soon china will make bitcoin as legal currency again. |
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3kpk3
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October 04, 2017, 06:43:32 PM |
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I have been saying this all along. No government in this world can bring down a force like bitcoin. On the other hand, bitcoin is actually becoming one of the primary sources of income for some governments(Currently look at the Zimbabwe situation).
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ReLieD
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October 04, 2017, 06:48:19 PM |
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There is no point in saying this now . They got what they were looking for . They just wanted to decrease the prices of Bitcoin so that they can buy bitcoin at a much cheaper rate and then sell.jt when the prices rise and they wre successful in doing so. Jamie also did the same , he called Bitcoin fraud and when the prices Fell he bought like millions of Bitcoins. So they are just manipulating the prices of Bitcoin according to the way they want and we are the ones responsible for it
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LuciferAB
Newbie
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Activity: 44
Merit: 0
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October 04, 2017, 07:08:32 PM |
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What rubbish! China can't bring bitcoin down. China has no such power and capacity. When china banned bitcoin it effects on bitcoin business. Bitcoin is legalised in many economically strong country, so their is no worry.
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Activitycoin
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October 05, 2017, 08:09:56 AM |
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me?  Obviously, because bitcoin is not controlled by anyone or anything technically. The prices can be influenced but other than that, you can't do anything to bitcoin. You can ban, block the IP addresses of bitcoin related sites using a firewall, but that won't change anything. People who still want to use it, will figure a loophole anyhow and take leverage of it. Yes it is a main reason because bitcoin is not going to control by anyone and I think when china banned bitcoin it become more stronger with high price and some economically power full countries also accept bitcoin which is a good thing for bitcoin so nothing will happen to bitcoin. |
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Coin12
Full Member
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Activity: 238
Merit: 102
1st of May
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October 05, 2017, 08:38:47 AM |
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Yeah.. agree 100% with you. Not any country can stop bitcoin.
I know china has big actor to make bitcoin up. But power of bitcoin is bigger than. Success bitcoin
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ubeng07
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October 05, 2017, 08:48:23 AM |
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i totally agree with you, even though China has left bitcoin, it doesn't affect on price bitcoin. it continues to rise. china can't make it die.
China may not be capable of killing the Bitcoin, but it can definitely harm the crypto-currency. After the negative news came out of China, the exchange rates dipped by as much as 30% in less than 48 hours time. It is another fact that the prices eventually recovered, but China did a lot of harm to those invested in BTC. yes that right that China cannot kill bitcoin, despite that fact that they have good contribution in making bitcoin more popular and stronger, but now bitcoin is becoming more popular throughout the world and therefore i do not think that a single country cannot kill bitcoin. but still i am sure that very soon china will make bitcoin as legal currency again. soon they gonna think of it that bitcoin back to them they will make some way for it to be legal on their country when they see again the potential of it maybe they have some reason why they ban it but I don't think that it will last. |
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RayvenPierre
Full Member
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Activity: 182
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
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October 05, 2017, 08:55:06 AM |
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That is an obvious given. No matter how big China is and no matter how many players they have on the bitcoin market they won't be able to kill bitcoin. If any country would want to kill bitcoin they would need to have full control over bitcoin which is very impossible because bitcoin is decentralized.
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Bakemat
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October 05, 2017, 09:02:24 AM |
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me? i agree with you man! not because was china has done in bitcoin its not mean that the bitcoin going down although china was one of the world's largest bitcoin mines/mining. yeah china is really have a big contribute in the matters about the bitcoin still there's more country that using bitcoin so even though without china bitcoin can stand. i don't care if the value of the bitcoin is rising up or falling down now, what's the important now is the bitcoin cannot destroyed or bring down by the china. |
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Kersh768
Sr. Member
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Activity: 658
Merit: 256
Freshdice.com
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October 05, 2017, 09:03:13 AM |
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me? That's absolutely true. China has a huge influence in the cryptomarket , and losing is regatively affected Bitcoin. There are people who taught that the dump will be continuous but fortunately it is not. After a week, Bitcoin started to rise again, slowly but surely. Before it was down to 3300$ from 4800, and it is now again on the 4k mark that proves how strong Bitcoin became that it can also be as this successful without China. |
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RamBahadur.Gurung
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October 05, 2017, 09:04:56 AM |
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Yes.Even if China think to abolish the bitcoin from China so,it's not all possible. That much power Bitcoin has .You can see this, bitcoin will replace the entire currency system and dollar. Soon it will replace the bank system too.If you inverse means, you can go head.
It is very difficult to imagine Bitcoins (or for that mater any of the crypto-coins) replacing the banking system. IMO, Bitcoin has its own space, and it doesn't need to fight for space from the banks. Lets keep the digital currency as separate from the fiat currency. |
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kpcian
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October 05, 2017, 09:20:38 AM |
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I believe that Bitcoin is not depended on a single country, i know that China is one of the largest economy in the world and day by day they are becoming super power. but regarding Bitcoin China is one of the factors but it's not only factor for this platform. so they can't bring Bitcoin down.
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TravelMug
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October 05, 2017, 09:27:32 AM |
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That is an obvious given. No matter how big China is and no matter how many players they have on the bitcoin market they won't be able to kill bitcoin. If any country would want to kill bitcoin they would need to have full control over bitcoin which is very impossible because bitcoin is decentralized.
Of course we didn't know that because we all know that China is a big market for bitcoin. However, we have already crossed that bridge and the result is already in. The effects are only temporary and we have survived one of the most critical test on bitcoin young's career. They can't really kill bitcoin because it is unstoppable. And the only victim here is their huge bitcoin community. Yes.Even if China think to abolish the bitcoin from China so,it's not all possible. That much power Bitcoin has .You can see this, bitcoin will replace the entire currency system and dollar. Soon it will replace the bank system too.If you inverse means, you can go head.
It is very difficult to imagine Bitcoins (or for that mater any of the crypto-coins) replacing the banking system. IMO, Bitcoin has its own space, and it doesn't need to fight for space from the banks. Lets keep the digital currency as separate from the fiat currency. Why not take advantage of both system? We have banks which we think will remain and will not gone obsolete. However, bitcoin is gaining strength. However, I doubt that it can replace the banking system. It has been there thousands of years. We just need to enjoy both of them and take advantage of what they can offer to us consumers. |
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Ludmilla_rose1995
Full Member
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Activity: 1551
Merit: 157
Eloncoin.org - Mars, here we come!
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October 05, 2017, 09:29:57 AM |
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Now that bitcoin is going up again, this could only mean that China, ( no matter how big you are ) could not bring bitcoin down! Who will agree with me? some time ago bitcoin has decreased caused by china, but can rise again thanks to japan, essentially not china can not make bitcoin down. but there are still many people in the world who support bitcoin so bitcoin still exist until today. |
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inevertell
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October 05, 2017, 09:50:15 AM |
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China can do this. Do not forget that in China most of all miners.
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Lieldoryn
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October 05, 2017, 09:56:36 AM |
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China can do this. Do not forget that in China most of all miners.
What can the miners in addition to blackmail? The miners will never give up the income. They are too much time and money is spent on building your business and therefore will not reject it. Besides, China is not the only country on earth. Will always be willing to other countries. |
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X-ray
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October 05, 2017, 09:58:51 AM |
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China can do this. Do not forget that in China most of all miners.
What can the miners in addition to blackmail? The miners will never give up the income. They are too much time and money is spent on building your business and therefore will not reject it. Besides, China is not the only country on earth. Will always be willing to other countries. as far as i know that if the hash power is becoming low, for example if china suddenly ban bitcoin mining activities, there'll be adjustment in the difficulties? because it just doesn't make sense if bitcoin could fail because of only that, it also means that anyone can control bitcoin if they have majority hash power, just absurd. |
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TheNostradamus
Newbie
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Activity: 24
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October 05, 2017, 10:02:22 AM |
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I agree with you not only China can make it go down i think if Europe, China and the USA will say that they don't want it then bitcoin will be able to go down and maybe even dead but i don't think that will happen because of the fact that a lot of people are starting to use it.
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