China can't bring bitcoin down!

[ramsdaj28]

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. China doesn't have any intention to bring down bitcoin, in my opinion, because a lot of Chinese investors are in it. But the banning of ICOs is what I think the main objective of the China. Their government are trying to look after these ICOs which, in the first place, are not taxable. China is a developed country, and they will always find a way to put tax on these ICOs.

[1714302717]

1714302717

[1714302717]

1714302717

[DoublerHunter]

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. China doesn't have any intention to bring down bitcoin, in my opinion, because a lot of Chinese investors are in it. But the banning of ICOs is what I think the main objective of the China. Their government are trying to look after these ICOs which, in the first place, are not taxable. China is a developed country, and they will always find a way to put tax on these ICOs.

I agree with you, china wants to tax the ICO because they need some money to continue prospering their country and to continue to sustain their huge country needs and for the development also because if you will tax at least 12% for the ICO then it is already a lot of money for them so they are just trying to regulate it so they can do some controls in it.

[KEPLER99]

Bitcoin proves again that in dark times, as long as you HODL, bitcoin will go up again.
Luckily they didn't ban mining tho

It has proven that bitcoin is becoming popular and stronger. Even with the news/fud about CHINA bitcoin is still recovering its price. It cannot bring down bitcoin this means there are many users already for bitcoin.

Chinese are playing games and all they wanted to do is to take control on the price of bitcoin as they are failed now they will ask to rejoin and say that they will accept bitcoin again but the thing is bitcoin region.

Bitcoin proved that china is nothing, and this will be open challenge to those who wants to take down bitcoin it is the stable coin of era it will rise till apocalypse.

[Maria_Martin]

I agree with you!
China can not control the process of bitcoin growth. There is no state that can do this.

[soy]

Well yes, neither China nor any nation can ban the Bitcoin. This is what makes it interesting: it is decentralized. No one can track your encryption investments. The only thing possible is to penalize you when withdrawing in fiat currency. But as more and more sites are beginning to accept it, it will have less and less interest in the future.

[Rotsor]

No China can not bring Bitcoin down! It is just a country and has no influence over a digital currency that is independent from any government or company. Plus it's decentralized.

[thet]

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?

Yes, China cannot destroy the digital currency, bitcoin price is at $5,900 it shows how bitcoin becomes more popular to somebody. They become more interested of the BTC value.

[Inggridpratiwi]

Well, bitcoin exists all over the world. Even large countries can carry bitcoin to the country. That's the main thing about bitcoin: no government has enough power to control it.