Topic: China plans closing Bitcoin mining. - page 19. (Read 3551 times)
wait! don't be so upset, they will change their minds hundred times before making final decision lol. China is always like that, along with Korea!
I also do not know for now, and hopefully China does not close the rig or miners, and this can hurt all miners.
75% of the total Bitcoins mining facility capability is with none other than CHINA
Thus you can think what would happen if they made a decision like this ..
It will plunge to the ground but also we know one thing for sure and that is :- it will recover..
Nothing is permanent .. Bitcoins have recovered from a fatal blow from China only in the past and it will remain to do so in the future because.. at the end of the day China is just one country .. we still have many supporting elements.
Thus you can think what would happen if they made a decision like this ..
It will plunge to the ground but also we know one thing for sure and that is :- it will recover..
Nothing is permanent .. Bitcoins have recovered from a fatal blow from China only in the past and it will remain to do so in the future because.. at the end of the day China is just one country .. we still have many supporting elements.
I would not worry too much about China is not the first and not the last who forbade and will prohibit the production of bitcoins. Strong weakening of bitcoin will not give it, be calm.
why always china? they always want the crypro market dead,i am beginning hate china,they can't control crypto market,they ban,it is not fair
Why is there always negative news being spread on this platform. If you believe in cryptos and Blockchain technology as a whole, then stop spreading these negative rumors. It is not healthy for anyone holding cryptos as an investment
eventually one by one the country will do that, it could be the beginning of the extinction of bitcoin, because maybe other countries will follow in the footsteps of china. but it's still news, not sure .. we'll see the future ..
can we really trust Chinese government not to change their mind?
it's not the final decision yet i bet 
they will keep messing around for sure lol
they will keep messing around for sure lolthat's what i wanted to say, too hahaha they and south korea!
why china always bring bad news for crypto market,seem they want crypto market dead,they always find the way stop crypto at your country
What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
Are you sure about that? i know China is one of the biggest crypto farmer.
If china really want to close their mining farm, i guess other farmers will get more bitcoins.
your answer is in the date of this topic!
it was started 5 months ago and OP was just another butthurt newbie who lost money and was trying to spread FUD about bitcoin. as you can see the miners are growing even more in China!
What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
Are you sure about that? i know China is one of the biggest crypto farmer.
If china really want to close their mining farm, i guess other farmers will get more bitcoins.
I am mining in China. 
and I am fine.
and I am fine.
I think we should stop giving attention to China fud and all thos ban stuff because it's very clear that they are going to stay no matter what. I still see some stores that offer mining rigs in CHina and a lot of ICOs with chinese people.
Really? are they plan it again to closing bitcoin mining since last year plan? We will see the news once again about their plans to close bitcoin mining and what will impact for the bitcoin price and altcoins.
I think that's very influential with bitcoin prices, and it can go up and down, but it should not be a problem for us if we have a reserve fund to trade or in investing.
If china decides to close the mine I think it's better and can increase the bitcoin price, but we do not know what will really happen and we should have a reserve fund to be alert when the price goes down.
The Chinese government will end bitcoin mining operations in the coming months, a move that could have a massive impact on the price of the world’s biggest digital currency...China has been a central player in the development of bitcoin in recent years, but Beijing has spent the last six months cracking down on the cryptocurrency industry shutting down local exchanges and banning initial coin offerings
The Chinese government has been talking about this ban for almost a year. I'm thinking that worrying about a sharp price jump is not worth it
What can you say about China of closing their rigs/mining?
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
This could overshoot the price to the moon or plunge the price below the ground?
Those holding btc just brace yourself fasten your seat bet for possible vortex of price.
if china is really trying and trying to shut down mining companies it seems like bitcoin will be more expensive because of the reduced worker who can produce bitcoin and china may also try to shut down the mining companies as the results obtained are not so much in line with their efforts.
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