As what the title says, do we really need to depend on China on cryptocurrency? I say no imho.... Look at Facebook and Google. They are both banned in China, and yet they worth billions. I believe that the US alone could bring bitcoins up and hit $5k above.
Also, I agree with this:
https://cointelegraph.com/news/bitcoin-price-is-headed-to-25000-despite-recent-setbacks-researcher-on-cnbcI just think that this is a great time for us to buy more bitcoins and accumulate. I'm still long on Bitcoins.
What do you guys think ? Any opinions are appreciated.
No, and the fact that this is a kind of a big FUD how many times i already heard about this China banned bitcoins knowing that china is one of the biggest miners of bitcoins how come it will happen to banned and they're are in latest technologies.
Many countries also not only china have the right to use bitcoins and even china is oit bitcoins will continue. Just take some dips to get advantage.