Post
Topic
Board Economics
Re: Chinese rating cryptocurrency
by
fasdorcas
on 10/03/2019, 16:06:06 UTC
What does the compilation of the Chinese cryptocurrency rating mean and is it worth considering when investing?
I do not even know why china should place bitcoin in the 18 on their ranking list. Why do i even think they were just not in favor of Bitcoin .We should even know by now that china has not really been a fan of bitcoin and they have their favorite and back to your post, you shouldn’t even put this into consideration when planning to invest. Bitcoin is and remains the leading cryptocurrency. Invest wisely.

China has not been supporters of bitcoin, they turned their back a longtime ago. I believe they would look for a turn around since bitcoin is still the top cryptocurrency, so they will support their favoured altcoin. They of course have a large population and that works for them.
It’s really sad and them ranking bitcoin 18th on the list is the most annoying of it all. Well, this would never have any negative effect on bitcoin, those who are good with crypto knows the truth already that favoritisms played out in the high-ranking. Bitcoin should be leading on that list or possibly should be on the top 10 they rewarded