RE: Putting Bitcoin prices into perspective before the October 15th fork

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Putting Bitcoin prices into perspective before the October 15th fork

in bitcoin •  7 years ago 

Do you you think that we are still facing the implication of china banding I CO's , how long it will continue.
On the other hand I do mining . and I'm in breakeven situation or for very limited profit.
I hope things get better soon.
Thanks for your great post.

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  ·  7 years ago (edited)

China banning ICO's is one thing. China banning cryptoexchanges that allow the Chinese people to buy crypto in exchange for yuan is a lot more important. If 15% of the world population has no access to buy crypto, it has to slow down or even halt the increase in price.

About your mining question, If it's not absolutely necessary, I would not sell a single coin for the next few years. Its value will grow tenfold within a few years (with corrections along the way, which are not to be worried about)

Thank you so much for your great explanation I really appreciate your advice and I will take it seriously.
Happy to follow you and upvoted.