China is a non-factor

[TomPluz]

I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.

China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.

[satpol_PP]

I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.

China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.

I agree with you, I think crypto will always exist without chinese.
Well, chinese is the biggest economy at the world.
But I think other countries will accept bitcoin and altcoins.
Crypto currency is the future currency, I think Chinese government will accept at the next several years again.

[pacar_tiri]

~snip~ I think crypto will always exist without chinese.

Thats corect, but we must know china is the biggest for economy and has many big companies at the world.
I think china will rethink to ban bitcoin.
Because Bitcoin and altcoins will be addopted by many companies.
So, I dont believe the big country such as chine will ban bitcoij forever.
Lets see.

[Bobcrypto]

I still do not fully comprehend why the cryptocurrency market that is really outside of China will be reacting to any ban announced by China which is effective only within China. China is not imposing that ban to other countries so there is no reason to panic and listen to FUDs. And we have to be reminded that this will not surely be the last announcement of the ban...there can be some new future ones.

China is already a non-factor in cryptocurrency...and in fact it is good to note that big companies like Facebook, Google and YouTube succeeded and became big leading platforms...all without China because they were also banned by China.

China constants ban on crypto has turned a blessing in disguise for all crypto lover. For me, it has become ineffective and very soon, it will not be taken seriously and it will definitely become a boost in near future especially for buyers who are looking for opportunity to enter the crypto space at some low or reduced price. Crypto will land in moon soon.

[Alter]

I think crypto will always exist without chinese.

Crypto is decentralized, it never relies on a country, including China. Of course, crypto will continue to grow without China. China is not a factor to determine crypto development in the future. However, I think there are still many people from China trying to stay trading or investing in crypto. They may move to other countries to do it.

[MrSpasybo]

China has a large population and huge crypto assets, imagine when many holders in China sell billions of dollars worth of crypto, how the market will be affected. DEX can help somewhat but cannot help us get rid of the influence of negative information coming from China.
Anyway, China is slowly giving up its influence in the crypto market.

[TomPluz]

~snip~ I think crypto will always exist without Chinese.

That's correct, but we must know china is the biggest for economy and has many big companies at the world.
I think china will rethink to ban bitcoin. Because Bitcoin and altcoins will be adopted by many companies.
So, I don't believe the big country such as chine will ban bitcoin forever. Lets see.

I prefer to think that once China will be successful in eliminating cryptocurrency from its midst, there will be no turning back. Except, f course, if there will be a huge change of regime in China...meaning a new ruling party is installed which may have a different point-of-view with cryptocurrency. Unless that will happen, we should start discounting China in the crypto market. And we have nothing to worry about because Facebook and Google and even YouTube got so BIG even if they are not allowed to do business in China.

[Alcor]

The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.

[Master107]

China could be a non-factor in cryptocurrency, but the cryptonian people within China is a big factor. Imagine every time China announce/announced crypto ban, we can expect the next scenario of crypto prices are going doomed. The movement effectively move differently in unexpected drop. Liquidated is so much in just a moment. That's how the impact of Chinese government chasing cryptonians. Btw, as what some said, China play crypto very well. Therefore China is a big factor to change the movement of crypto rapidly. Whatever, Crypto will continue to work and move with or without negative news from China.

[Doctor]

The Chinese government prefers its own, isolated path of development. By now, they have strengthened in this position, since now China has one of the strongest economies in the world. So far, they decided that they were not on the way with cryptocurrency. But citizens may have a different opinion. The situation will still change frequently and therefore China should not be discounted now. The time will come when the cryptocurrency will go officially in China.

I think no one can refuse the future technology such as bitcoin and altcoins.
I think I agree with you. China will accept crypto and as you said crypto currency will go officially in China.
It's just matter of time as many senior said here.
No worries about crypto.

[Cadaver20]

On the one hand, China is banning cryptocurrency, on the other hand, El Salvador has officially accepted Bitcoin as the first country in the world. If one door closes for cryptocurrency like this, the other door will open. So there is nothing to worry about.  We hope china will accept crypto very soon.

[Rinat8368834]

Unconditionally, the cryptocurrency will exist even if China abandons it. because there are still many other countries on earth that are already starting to adopt cryptocurrency, such as El Salvador. The rest will also come to this sooner or later. It's just a matter of time.

[Master107]

Unconditionally, the cryptocurrency will exist even if China abandons it. because there are still many other countries on earth that are already starting to adopt cryptocurrency, such as El Salvador. The rest will also come to this sooner or later. It's just a matter of time.

Of course. Without China crypto will still alive. But the effect is not as massive as it is. Crypto adoption will grow little by little as we know "little things will become huge in due time."
Go Beyond as expected and predicted.

[Coin63@]

The market changed a bit after the Chinese government completely banned the use of cryptocurrency mining cryptocurrency but The market could not hold back now the market is in a much better position than before.

[Paglamon]

Market conditions worsened after the Chinese government announced it would stop cryptocurrency mining. However, the situation in the cryptocurrency market is slowly improving again. So the market situation is much better than before. In this journey, the price of other coins including Bitcoin is likely to increase a lot. So it turns out that other countries have increased the level of investing and trading in cryptocurrencies.