Post
Topic
Board Bitcoin Discussion
Re: Is the future of bitcoin dependent on India and China?
by
cherrymobile
on 27/02/2018, 15:27:11 UTC
Recent  utterances from India's finance minister seem to have stricken fear in the entire cryptocurrency world. Utterances and   
government decisions from these  countries seem to have massive effects on cryptocurrencies. What's the way forward for cryptos, especially  bitcoin without these countries.
For me not really. Althoughbthey have been a huge asset towards bitcoin's success, we cannot lie that as of now bitcoin had reached a value one can say that China and India won't due any huge or at the very least cinsiderable damage tp bitcoin's price. Just like now, we can see and observe that bitcoin is recovering quickly and steadily from its losses. Which brought me to think that although these 2 countries have been a huge paticipant towards bitcoin success, bitcoin had already achieved point where losing a great asset won't damage the investment considerably.