A few days ago China just announced that their government banned all ICO activities, and instantly the bitcoin price went down. how do you think about this?
Hate to admit it but we got to be honest with the fact that china is a pretty big country with a lot of population. And has cheap man power pays plus cheap electricity and a whole lot of cheap things that any miner would need. This alone would mean alot pf people there are choosing mining over anything and that would be enough reason that it can affect a lot on not just bitcoin but the whole crypto currency world.