Quote from: samlaode on April 18, 2019, 10:10:33 AM

Quote from: jazmuzika217 on April 17, 2019, 11:56:21 PM

We cannot know if bitcoin will rise after the move of china to ban the miners but the good thing is bitcoin still in a $5k level and ready to break the $5600 goingbto $6000, lets wait for another month if the increase will continue or it will going to dump this time.

You are right, we need to see the exact results, predict the cause only for reference. I think Chinese policies no longer have a strong influence on the market.

The Chinese politic that do affects bitcoin in 2016 and early 2017 has really lose it significant now but if Chinese government shut down minining activities there is no way this is not going to affect bitcoin in a long run because supply will decrease and the laws of demands will take it cause.