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
Even though china is against bitcoin it will not affect bitcoin till infinity, it can only take a little space for bitcoin recover, for then to ban mining farm that does not mean that bitcoin will be down till infinity as i said before and it's not only china that have mining farm, other farms are ease were, china for them to fight cryptocurrency that shows it's time to bring than their economy, before base on my knowledge any country that adopt cryptocurrencies alway make well through their economy.