Post
Topic
Board Bitcoin Discussion
Re: Why China is always bad news for bitcoin?
by
cryptolerant
on 26/01/2018, 18:30:08 UTC
This may sound funny but that is the reality. why?
Though the title says it all, you know China was the once the safe haven for bitcoin and bitcoiners.
Then, China started doing something to hurt the bitcoin and cryptocurrency in-general from banning ICOs to cryptocurrency exchanges and now they are after bitcoin miners, again... What is your thought on this matter? Share with us. thanks Smiley

I think china began to acknowledge that there was indeed power and money from cryptocurrency and they wanted to have a facade that they hate it that they did by banning bitcoin and other cryptocurrency in china. However I believe that they have found something or into something and that they would unleash it once its perfected and it would be rivalling that of bitcoin

I believe all the news that coming from China is just to manipulate the market. I see different news from China all the time, not all of them negative tough. Some is supporting the bitcoin. I kind of believe that they are just increasing their positing by manipulating market with those news.