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News came out about China cracking down on mining, and banning

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Thread replies: 38
Thread images: 2

File: 1428163328855.jpg (7KB, 231x218px) Image search: [Google]
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News came out about China cracking down on mining, and banning exchanges outside of the US. This is worse than the first FUD.
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>>3511049
good another dip to buy
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>>3511061
How is this good? Chinese own about 80% of the Bitcoin hashrate, if Chinese put some kind of taxes on mining or even worse, ban it, its over for us.
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>>3511068
doesnt matter if china gets for the miners
>implying (((their))) government wont mine crypto when they steal the mining equipment
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>>3511068
Then Eth takes over. Fuck BTC and fuck China.
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>>3511068
no its not , thats the reason of decentralized currenies, its really bad for the price short term yes, but long term nobody cares.
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source or its bs
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>>3511081
lol u dumb shit they'll ban eth as well you tard
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>>3511086
https://cointelegraph.com/news/rumors-or-facts-china-reportedly-moves-to-block-access-to-all-major-bitcoin-exchanges
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>>3511104
>article from 14 hrs ago
Into the trash it goes
>>
OFCOURSE they want to do this, they will just start working with the big china exchanges and people have no choice but to use the "government exchanges".
Communism at work.
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File: chinadiscord.png (37KB, 300x300px) Image search: [Google]
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>>3511049
NI HAO WAKEY WAKEY

discord.gg/VpPrGmF
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Not if you want to get into mining.
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>>3511091
You can't mine eth lmso
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>>3511049
Jamie plz go. This is getting desparate.
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>>3511081

Ethereum can be banned, because everybody know who is behind Ethereum

Bitcoin cant be banned, because there is nobody behind Bitcoin, Bitcoin is decentralized, you cant shut down some Bitcoin headquarters
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>>3511734
Bitcoin has a core team, actually.
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>>3511734
>bomb Blockstream and Bitmain
>Bitcoin is now dead
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>>3511078
>implying (((their))) government wont mine crypto when they steal the mining equipment

well thats exactly what will happen
>>
>>3511049
It's not a big deal. Japan is picking up the bitcoin mining slack.

China will become unstable because of this. As a system, they would be more stable if they gave their people hope to become rich and live a better life. Instead they are condemned to live in slave like-conditions without rights.
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>>3511734
false

sure, all the ethereum developers can be hunted down and killed, but the ethereum blockchain will function just fine without them, it'll just never be developed any further than what it is now

bitcoin cant be banned, because its not being developed atm, but the blockchain functions still fine
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>>3511762
>people actually believe this unironically
>>
>>3511775
Oh sure, how you going to kill Vitalik
>when he's already a skeleton?
>>
>>3511776

Well, it's true bud, Japan is issuing licenses to exchanges. Japan is forward thinking and embracing crypto. China will get left behind.
>>
>>3511784
put him next to a cute girl, and he'll sperg himself to death or drown in his spaghetti
>>
>>3511790
Vitalik definitely has autism powers but he's probably less socially awkward than you.
>>
>>3511787
Seems like a repeat of the past, what with Japan westernising early and China lagging behind.
Makes sense too since behaviour is 100% genetic and both China and Japan didn't change their genetic stock with an influx of subhumans and others foreign parasitic fifth collumns.
>>
>>3511811
1st of all, he is a multimillionaire. 2nd, he's almost like a crytpo god. He's right at the ground zero.
>>
>>3511837
Learning about Vitalik has only made me respect him more. At 23, he has so much more class and intelligence than those at Bitcoin core.

He fucking even convinced Putin lmao.
>>
>>3511898
Fuck off Jihan shill
>>
lol wut
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>>3511068
it's decentralized for a reason you fucking retard.
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>>3511826
Second sentence is total hogwash.
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>>3512058
Yeah it is cultural not genetic.
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>>3512058
Han race is pure race.
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>>3512058
>>3512074
Behavior isn't 100% genetic, but it's HEAVILY influenced by genetics.
>>
>>3512074
But culture is 100% genetic, since culture is the gestalt of the behaviour of a given group.
Change the genepool of a given geographical area, change the culture, everytime.
>>
>>3511972
Apparently not, retard. If it really was decentralized, The drop from 5k to 3k wouldn't happen. The Chinese control bitcoin.
Thread posts: 38
Thread images: 2


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