Bitcoin is having a hard time recently due to China's regulation. I wonder what China can gain in cracking down bitcoin trade and mining? Does't the government figure out that cryptocurrency is lucrative and alomst unstoppable? Banning mining is really an insane act as I see it, they are actually expelling money and power!!!
what do you think? leave you comment, thx
Stop spreading FUD.
The Bitcoin price is stable.Bitcoin isn't having a "hard time recently".Can you mention a news source,stating that Bitcoin is having a "hard time" in China or that China had banned BTC mining recently?
China might ban Bitcoin/crypto mining,but this will happen in the future.
Banning crypto mining might cause problems for the mining hardware companies like Bitmain,but the Chinese government doesn't care that much about one company.The people,who lose their jobs,due to a mining ban,will find new jobs somewhere else.
yet its price did go down resulting from those regulations launched by China. I'm definitely not trying to spread FUD. I believe in Bitcoin.