Quote from: vit05 on September 19, 2017, 05:01:42 PM

Quote from: Quidat on September 19, 2017, 04:40:10 PM

Quote from: Febo on September 19, 2017, 04:35:34 PM

Quote from: gog1 on September 18, 2017, 01:20:22 AM

It would be extremely dumb for them to do it. consider they are creating tremendous value out of both the mining and the sales / development of mining equipment.

Totally agree. Bitcoin is solving a problem in China right now. In some regions there are Electricity plants build but there is no electricity network built to transfer that electricity to regions where is needed. Bitcoin solve this, since they just mine BTC with that electricity surplus, and with that way sort of store electricity. there is zero chances they will do that. All China will do is to mimimize ICO scams. Same as USA is already doing and all other countries will follow.

They wont really do such thing and they are making money out of it i dont think that they would stop such thing.Even if they would decide to ban bitcoin they cant do anything about it and would stood still as long there are people who do make use of it.I do somehow agree on regulating ICO instead it did might affect the price but i eventually like the regulation that they made.

LOL

The Communist Party do not care so much about money. They care way more about control. China will ban mining.

Money is control. all that matters Chinese politicians is now GDP growth. Because of last decades with +10% yearly growth people are disappointed when growth is only +5%. But everyone with at least tiny bit of brain knows you cant keep +10% yearly GDB growth forever and you cant avoid recession (2 quarters with negative GDP growth in a row). They are not stupid! Even is partia is one party, it dont means inside that party are different groups of people with different visions. Trust me when China gets in first recession, whole government will change and whole top members of partia.