With or without China, bitcoin will survive... but having them around sure helps the price sometimes.
This is bullshit. China does not 'help' the price. China is full of irresponsible wild speculators and rich people trying to illegally get money out of china. It really fucks up the bitcoin community because they cause these wild price swings which make dumb ass journalists write crazy articles about the technical defects of bitcoin where there are none (at least none that cause real price swings). China is totally fucking up bitcoin. We would be far better off if we could find a way to close all Chinese exchanges and prevent Chinese people from going crazy and panic buying and panic selling all the time. The instability caused by China and their stupid government is making me dizzy. But in the end, it won't matter one bit. Bitcoin valuation ultimately will be the same with or without China. The only thing which will go away are the wild swings in price both up and down. Do you REALLY think we don't need China? Of course we do!!!
Absolutely do not. With or without China - the value will be the same. With China - we get wild price swings. Whenever China and/or Russia bans something, you know you've got something good.
