Post
Topic
Board Speculation
Re: Can Bitcoin Prices Reach $5,000 Again Without China?
by
Gaff
on 21/09/2017, 23:02:47 UTC
Can Bitcoin Prices Reach $5,000 Again Without China?  Roll Eyes Huh
I think price can go above $5000 without China. if China bans bitcoin itself(https://news.bitcoin.com/china-block-all-bitcoin-transactions/) we might see huge fluctuations in price, once everything settles down we'll move forward without China.
in fact bitcoin is a decentralize currency and the users of bitcoin are available everywhere in the world, and the users of bitcoin are even increasing from time to time which is making bitcoin more stronger, so we can expect that the China will not effect bitcoin any more. i am sure that the investors from the other counties will give good support to bitcoin and they will never let bitcoin down.

Good thing about decentralized bitcoin, is it's ability to gain it's good price as well. That's why it's famous around the world now and more people were investing for a future plans of aiming at higher price rate and will sell for bigger profit gains. More investors aside from china is not worried about it, because they relied the whole world's populations and not from one country.