Post
Topic
Board Speculation
Re: China will destroy bitcoin
by
bakingbad
on 07/04/2016, 19:27:12 UTC
With China now owing about 75% of the mining power i think in all their greed they will destroy bitcoin.
They will never allow the protocol to change to accept larger blocks since it's not in their interest.
You don't have much time left to sell your bags.

Well China is very important for bitcon from day one, and yes,lots of miners are in china, but i don't they that they wouldn't like thing like halving, yes they will get less money but price of bitcoin will rise, so maybe they will get even more profit