Post
Topic
Board Bitcoin Discussion
Re: China’s Bitcoin ban is short-term negative, long-term positive
by
Barry Mantle
on 23/06/2021, 00:54:53 UTC
I very much agree with the op’s point of view. Although China hinders Bitcoin from various means such as mining and trading, we can also see that many mining farms have gradually moved to other countries, which just diversifies China’s computing power, which is for other countries. It is a good thing, and under such severe measures, Bitcoin is still above $4,000, indicating that the impact on Bitcoin is not that big. I believe that after these, Bitcoin will slowly rise, and it is still in a bull market.