Post
Topic
Board Bitcoin Discussion
Re: Bitcoin in China
by
Vaccinus
on 26/01/2017, 08:13:05 UTC
I dont think china will ban bitcoin, even they ban bitcoin it just their goverment not their people. They people still use bitcoin

Bitcoin will never die nowhere man , china is the Power of Asia.
Yeah right, China is an Asian power even of the world, it is no longer the world economy will be controlled by china. As the owner and handler bitcoin, surely use bitcoin in china is enormous. The Chinese Government has not been legalized bitcoin but not reduce the enthusiasm of Chinese citizens to use and save money at the bitcoin, so long as the Chinese users there is no problem, bitcoin will either is fine.

China has shown a good support to bitcoin when compared to rest of the world. I think China will be responsible for the vast number of bitcoin transaction in future. It is good for the POBC to regulate bitcoin exchanges so as to prevent manipulation. This will prevent sudden rise and fall of bitcoin due to manipulation  and will gradually contribute to the growth and traction of bitcoin.

this is bad because if china in the futre will ban bitcoin or other catastrophe, it can afflict bitcoin greatly and make it lose a good value, bitcoin should not be centralized, not only mining but market activity and transaction, china should already strat to build their farm in other profitable country, instead of focusing on China territory alone