Post
Topic
Board Bitcoin Discussion
Re: Effects of Banning Bitcoin ?
by
aubert
on 02/11/2016, 11:31:51 UTC



But if china ban bitcoin, i think it will cause a huge impact on bitcoin price because they are holding a lot of bitcoin investment and bitcoin farm that supply a huge volume of btc in the market. I think the price of bitcoin will be going down because of the consumer and supplier lost. So banning bitcoins really affects on it's market price
that's right,in my opinion china is a vital of bitcoin,it's really important for bitcoin because there's where many mining power come from while in europe is just a tiny power compared to china,even some people had said that china having too much control over bitcoin by its mining power,if they'd banned bitcoin,it will really give huge impact