Post
Topic
Board Economics
Re: Is china one reason why bitcoin dumping now?
by
reynilynedago
on 11/03/2018, 23:19:36 UTC
I have a link here that maybe China is one of probably cause by dumping of bitcoin by their miners.
https://techcrunch.com/2018/01/08/china-is-reportedly-moving-to-clampdown-on-bitcoin-miners/
Share your thought about this guys and help to enlighten my mind.
I am and I know a lot of us are aware that China has been one of the most percentage if bitcoin users and investors and tge said country contributed a lot for bitcoin's success in the market. So I do think the current decline in value is partly caused by the illegalization of bitcoin and all bitcoin-affiliated activities in the country. But I am well aware that bitcoin will recover sooner or later.