Post
Topic
Board Bitcoin Discussion
Re: China bans Bitcoin again in 2021
by
yohananaomi
on 25/05/2021, 01:45:30 UTC
China bans bitcoin again in 2021.
Another fud in the bull run.  Angry

China has again banned cryptocurrency, They have banned financial and payment institutions from using cryptocurrencies. Although they did not impose any restrictions on mining, their new ban was supposed to bring down the market. But why do I think this ban has not had such a significant impact on the market! Roll Eyes I think investors don't care about such bans anymore. China should abandon its stubbornness and embrace cryptocurrency.


crypto cannot be separated from bad news that comes from social media, no matter how strong it will definitely have an impact, but the impact can be measured because it can be seen from long experience. ban by China is not the only time, so even though there is an impact of correction, it is certainly not as severe as when it first occurred. all ultimately have to learn from old experiences because this kind of impact is certainly not healthy for the development of crypto.

but everyone also has to get used to things like this so as not to interfere with crypto itself, investors also have a lot to learn so that this doesn't become something very serious.
It is clear that if this continues, everything will be disturbed and this will lead to bad directions in the future.