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RE: The corrections of last week are caused by the 'bad' news?
China isnt going to kill bitcoin...they are the leading miners in the world....they are going to make a fortune off it.
China isnt going to kill bitcoin...they are the leading miners in the world....they are going to make a fortune off it.
The Chinese govt does not like crypto as it enables normal people to get round their tight capital controls. That is why they are looking at regulating it. The fact that the majority of miners are based in china is irrelevant.
True, you can't predict what will happen to cryptocurrency when it gets regulated. That could be the start of it all.
Really?
You dont think that the Chinese government couldnt stop the miners if they wanted?
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I agree.
The government isnt particularry mining?