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RE: Bitcoin and cryptocurrencies tank, why?

in #crypto6 years ago (edited)

This bull run happened because of China.
The Chinese used bitcoin to export there money out of China meaning that it was money laundering on a huge scale. 80 % of terminals where in China at that time.
China will be the new economical super power by the year 2032.
Blockchain technology will go on but Bitcoin won't get to the prices predicted 100K and it will never get chance to become what it was suppose to be at the beginning.
It will mutate to something else.

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