Quote from: peter0425 on September 09, 2017, 07:32:53 AM

Quote from: punit2502 on September 09, 2017, 07:06:45 AM

What will happen if China bans CryptoCurrency?

Of course it will have a huge impact since China is a big player in the Crypto world. However, I seriously doubt that the government will ban it immediately after they country is the one enjoying it. Look at the mining farms around their country and more than 50% came from China. They will just put a tighter regulations around bitcoin and other cyrpto, but I do not think that they will ban it. If ever they ban it, another country will take the opportunity that the Chinese has left. Or we may see a lot of mining farms popping out as a result of the ban in China.

We are hoping that China would not do something an unthinkable because it can affect not just us outside of China but also their own citizens who are doing a good business and living out of Bitcoin through mining. Now, in case China will really do it then we can do nothing but of course the same opportunity some of their citizens are enjoying can be passed to others who are interested. Personally, I prefer that Chinese miners should not be wielding a great influence in the direction of Bitcoin.