Quote from: Cindung on February 20, 2018, 03:21:38 AM

Quote from: anushkasachith888 on January 16, 2018, 10:55:37 AM

Just after the Korean news that Korea going to shut down all Crypto exchanges completely. A similar news coming from China now. here is the link for the news

https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/?utm_content=buffer291bb&utm_medium=social&utm_source=twitter.com&utm_campaign=buffer

Client in the set of banning bitcoin. Earlier China shut down a major mining pool. This really bit damaged bitcoin growth while this happened. But if you look at on the other hand, we have other new countries like RUSSIA and ASIA have adapted bitcoin within their countries. They legally declared and accepted bitcoin.

Bitcoin growth is going to affect the country economic climate. You can take this in two ways. This kind of would affect current fiats value, or if bitcoin is accepted, the respectable country is going to have a massive progress in wealth. Not only the country, but also the citizens as well.

If you guys have been staying updated with the news, then you will know that it never damage any growth. Bitmain (largets mining company in China) has already found base in other countries that are ready to benefit from it. Bitcoin cannot keep going with an uptrend all over and over.

It will always get to that point when it would just have to test the bears power and those news are always the tactics used by the bears who want to have a hold of the market and gain from it since they have sold at the top, but some people still fall for it over and over again after all that is being said and I keep wondering why.