[dtube] Daily: China Mining Ban? Crypto $763B Marketcap Cap!!!!

in #dtube7 years ago


Rumors are floating around that China wants to ban Cryptocurrency mining. Cryptocurrency markets hit a cap of 763 Billion dollars.
0:58 Market Analysis
4:58 Will China Ban Mining?
7:02 Sneaky Crypto Malware Miners Are Targeting Ad Networks
8:40 South Korea Law Firm Fights New ‘Unconstitutional’ Crypto Trading Regulations

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China's going to be leading this race for a while. It is still by far the biggest miner in the world.

I think this is temporary

It could be an opportunity for the miners in other countries...
Anyway, who believes???

right, that is it,

China is killing the mining with their cheap electricity

I don´t think so. I look now at the total market cap for more then 3 month and it is increasing all the time. At the moment we are over the 800.000.000 !!!

I think POS will grow even more this year!

1 trillion dollar by end of the month

Not great rumors for the coins and miners who have huge investment in China. It would take them time to move and recover. If true that's good news for POS.

Exactly. Isn't there already a ban on chinese exchanges? This will make it more difficult for people in China to get into cryptocurrency.

If they ban, the more interest will rise. China is a big country with a huge population. Difficult to regulate everyone.

hot news today. If this is true, the price will rise sharply

They might succeed in banning the mining rigs since these are physically entities but would not succeed in restricting the use and trading of crypto currencies by the Chinese. Miners, if banned would be forced to relocate their equipment to neighboring locations.

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