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his Model assumed that Chinese could still trade bitcoin..that is no longer the case with Bitcoin loosing 50% of user base due to China bitcoin ban..current pri
by fredgrott 8y ago
his Model assumed that Chinese could still trade bitcoin..that is no longer the case with Bitcoin loosing 50% of user base due to China bitcoin ban..current price slump is part of that reasoning
- mschuster91 8y agoAnd they're starting to crack down on yuge mining operations, too. Can't say I'm unhappy about that, though. The energy usage required for BTC mining is... unsustainable, to say the least. And Chinese power sources aren't the most environmentally friendly ones, either.