Chinese miners are still making profit. But soon they will be gone and BTC price has to rise to justify mining anywhere else in the world.
I assume the difficulty for mining BTC would drop or adjust itself eventually when that happens.Rather the price will rice as demand for bitcoin will remain or go up. Chinese people/investors will find a way to put their money back to crypto currency. Of course this would only make bitcoin as an investment tool, but we want to see it in use and replace currency for everyday shopping. Since shopify is growing rapidly, it is certain fact that all small businesses will operate online which makes btc large scale adoption a reality. This is not assumption anymore.
