Post
Topic
Board Bitcoin Discussion
Re: Are We Dead Without China?
by
stompix
on 04/11/2017, 16:18:49 UTC
Its not true we can still survive without china. Its true china is the place where the demand of crypto is higher than other country or i should say they're number 1 on it.

And relevant data to back up your claims?
Besides mining China is close to null in the bitcoin environment. No usage no shops no services...nothing.
Juts fake data on exchanges and lots of morons panicking over every statement of the central bank.
China means 0 for bitcoin.
And that has been demonstrated.

China is the nation which isn't permitting the bitcoins to be utilized as a part of their nation yet don't be stressed over the bitcoins in light of the fact that the clients of bitcoins are billions and it doesn't make a difference that China has restricted the bitcoins on the grounds that the billions of individuals in different nations are utilizing bitcoins and they are getting to be plainly tycoon yet the general population of China are unfortunate however soon they will likewise permit the bitcoins to be utilized by the general population of China and after that there economy will likewise be solid like different nations.

They haven't banned bitcoin, that was just and it still is FUD.
They have just banned ICOs and have asked the exchanges to comply with regulations.Nothing about bitcoin.

They are just enforcing rules to control how and how much money are entering into crypto.
You won't get arrested for having an app wallet with 10 bitcoins on you while traveling around China. Nor if you decide to send them to some random guy.
When converting from and into fiat without proper papers, that's when the fun begins.