China has become the powerhouse for Bitcoin (and the whole cryptocurrency in general) as it is hosting many Bitcoin miners due to cheaper electricity and maybe also cheap labors. China also boasts of probably millions of Bitcoin owners and traders who are influencing the moves of the market on day to-day basis. As far as acceptance of Bitcoin in China, it is comfortably good until such time when the government decided that it is time to intervene.
In general, the Chinese government is not comfortable with Bitcoin as it indeed representing a different currency that they can not control with. since Bitcoin is decentralized it would be hard for the government to make interventions and so they are thinking that maybe it is time to ban it altogether. The government can not kill Bitcoin but what they are doing is actually closing the country as a market for Bitcoin.
So the question is: Can Bitcoin survive without China? In case, it can't then then there is something wrong with it since it is not resilient to ride the big storm it is in.
No we're not dead even without china, we do not need china to be successful. Haven't you look at the market after china banned bitcoins in their country. Yes we fall but after a month we slowly recovered and even set a new record high, look at the market now bitcoins have already reached $8000 each and that is without china so how can you say that we are dead without china. Bitcoins are becoming more popular than they are before and the demands are getting high ad so as our price. China are the oneswho are missing some money in their economy.