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144
Chinese State Media Public address loudspeaker TODAY: a “natural” 7.4 mag #earthquake in #Qinghai province has destroyed the largest #bitcoin mining facility in China’s cryptocurrency region. YESTERDAY: We are cracking down on #bitcoin (twitter.com) BREAKING NEWS
posted 3 years ago by CaptainChrisPBacon 3 years ago by CaptainChrisPBacon +144 / -0
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– Anon6992374 4 points 3 years ago +4 / -0

Yeah. It's all very strange -- can't make much sense out of it.

Luckily I moved my crypto all into ETH in 2016 (besides a small hedge in doge ?), when I saw how much control China had on BTC. Clearly China is planning something and Musk is either privy to it or has seen it in the tea leaves. I guess we'll have to wait and see.

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▲ 2 ▼
– FullDisQlosure 2 points 3 years ago +2 / -0

Luckily I moved my crypto all into ETH in 2016 (besides a small hedge in doge ?), when I saw how much control China had on BTC.

Does it really matter when all the cryptos move together?

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▲ 3 ▼
– deleted 3 points 3 years ago +3 / -0
▲ 1 ▼
– Anon6992374 1 point 3 years ago +1 / -0

Yes. Because one has utility and has increased substantially (percentage wise) in the last 5 years compared to the other. Also less control by bad actors.

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