Post
Topic
Board Bitcoin Discussion
Re: Why China is always bad news for bitcoin?
by
weblouartisan
on 01/02/2018, 17:13:23 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

There is an incident before where icos has been banned on china and that is the bad news since professional crypto analyst are saying that china has the 30% of contribution on the market. The country china has a lower electricity consumption bills and it was really good to run your mining rig on their area, obviously they are getting a lot of profit from it.