October 21, 2019, 04:09:00 pm

Author Topic: China wants to ban Cryptocurrency Mining  (Read 649 times)

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Offline ipaint

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China wants to ban Cryptocurrency Mining
« on: April 12, 2019, 05:09:07 pm »
I've been reading about China banning cryptocurrency mining. That means all coins will loose miners. I have no idea what it would mean for cryptocurrency.

1. I do see a lot of coins loosing a lot of their miners.

2. Coins will not be used as much as they are. ie  purchasing products, services,  etc.

3. Exchanges will slow down due to the lack of trading.

Do you have any ideas you have about what it could mean for cryptocurrency?
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