Quote from: Palmholder on November 27, 2017, 08:02:17 AM

Quote from: bakerlisa510 on November 27, 2017, 07:52:56 AM

Quote from: ScammerExposer on November 27, 2017, 07:36:25 AM

I know most of you agree that China was behind the drop of price to $3500, then now its $10k..Did the Chinese gov just triple their money while we are watching as suckers?

There is no question! Yes they did.
It was well planned and it worked.

Sure. Master of the game always wins. China is the biggest miner in the world and it also bigest hardware manufacturer, they can do whatever they want go get profit. Who feeds a girl dances with her

China really has the most numerous equipment for mining bitkoyna and a large number of miners to extract bitokoyn. However, it turns out, the policy of the Chinese government first to ban mining, and then use electricity for this, is not entirely reasonable. As we could see, many miners began to look for countries with a suitable climate, electricity price and loyal legislation with respect to the crypto-currency, where it would be possible to obtain bitokoyn profitably. In particular, some of them settled on the Quebec provinces in Canada for such mining. It seems to me that China loses its potential due to its stupid position with bitcoin mining.