Quote from: davis196 on Today at 07:31:58 AM

I don't think that a Bitcoin mining ban in China will increase the scarcity of Bitcoin.
A crypto mining ban in China will create some short term problems,like transaction fees and confirmation time going up for a while.The mining difficulty will be adjusted and the transaction fees will return back to normal.
I don't see any negative sentiment about crypto miners going outside of China-The FUD coming from China will stop and all the noobs,who are complaining about Bitcoin being too centralized,because of the Chinese miners(which is false),will have to shut up.

yeah i agree with you mate because it's always a short term when it comes china problems, and it will not really increase scarcity of bitcoin and i believe that as well, because it's very obvious and the results in the market at this moment is enough proofs that such negative news from that country can't drag the price down again. As the matter of fact instead it will decrease it increase a little bit wherein seems there's no negative news.. Grin