Post
Topic
Board Economics
Re: China is turning against cryptocurrencies??
by
slocker
on 30/11/2018, 19:25:33 UTC
Right now the price fall is unexpected, and none has come up with perfect information for the ongoing price fluctuation. China is a major contributor to the cryptocurrency growth during its early days into usage. If China hasn't contributed to growth of cryptocurrency, now we could've never reached such a user community. So, soon good support from China can expected.
many large investors from China, of course, make this country very influential on the development of bitcoin. Hopefully good news will emerge from China, so that it returns Bitcoin performance

Don't worry pal, everything will gonna be fine sooner or later for sure, just hold more for a short period of time.
This is the safest and best thing we can do for now as Bitcoin or crypto enthusiast. Though, China according to news updates are now planning
to ban all crypto currencies to their country way back January 2018 and I don't know at the present time now are still the same while 2018 is nearly finish.

Sometimes I really wonder why all worry so much about China and news from China. For my perspective this is just another market crash before the storm like it was in previous year looking on the charts off course. So can we expect to see recovery yes, when next or year after that, or we will ask Chinese investors is it ok to raise bitcoin price.