Fri Feb 17, 2017 7:20 am
I think that if and when withdrawals are allowed again, people won't care so much, they are finding alternative means of dealing with bitcoin. Localbitcoins in china has spike in business since the exchanges shut down. The chinese government is trying to get bitcoin under their control, but they're can't other than to threaten exchanges, but the beauty of bitcoin, is that it doesn't need exchanges. Exchanges are actually a way of centralizing the currency to begin with. Anyone smart, know to buy their bitcoins from someone selling theirs, rather than through a central exchange. The chinese are discovering that. So when withdrawals are allowed again, people aren't going to care, and the price isn't going to be affect. The decentralized nature of bitcoin, will always make it stabilize itself when someone attempts to regulate it. Because people can find another way, the exchange isn't their only choice, it's just the most convenient. Government's can't control it, no matter how hard they try. Now that the idea of bitcoin exists, even if they somehow managed to control bitcoin, people would hope onto another currency, maybe, dash, or monero, and keep their money there. crypto currency, can't be stopped, it can't be regulated and it can't be controlled. the world is going to have to shape itself around that idea, because the idea is here to stay, and it will lead us forward into the future.
