will china ban bitcoin and other cryptocurrency ?

in #bitcoin7 years ago

well i heard some news that china will ban ico's in its country well i think if this will happens then bitcoin will fell and sure other currencies too will be drowned... well in my opinion it will not going to be happen because the future is of crypto currencies ... but some articles i read about are that china wants its own coin etc ... well whats your opinion about that will china really going to do this or these are just people talk for to low down the bitcoin ??? well now should we need to invest in bitcoin or shouldn't we???

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@khanjee truly speaking the icos are more familiar with ethereum networks and banning of ico should affect the ethereum more than bitcoins. There is a principle in economics that says >whatever goes up has to come down.
This is probably the reason why we are seeing weakness in prices of bitcoin. There is a need for crypto

well i think bitcoin is at this time much higher i dont know when that economic principle will applicable on it

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