Post
Topic
Board Bitcoin Discussion
Re: China plans closing Bitcoin mining.
by
BlackRacerX
on 05/10/2018, 01:32:17 UTC
What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?

Those holding btc just brace yourself fasten  your seat bet for possible vortex of price.

I think if China starts incapacitating mining in their country, then we'll probably see a rollercoaster price movement since some might panic sell due to the fact that there will be no more big miners, or the price may skyrocket since no one is pooling bitcoins in the total supply anymore.