Bitcoin was doing fine before the Chinese, it will do better without them
I can't be the only one sick to the back teeth of the Chinese FUD.
Seems like it happens periodically, sending all my profitable positions into the red. Well it's happening again today. Bitcoin has dropped to $3,500, and while the Ark coin I have is surging, other promising coins are taking a hammering.
It comes with the news that China is "definitely" banning cryptos. I doubt it, I just think it's more FUD, but I hope it's true. I would be happy to go back to $1000 BTC just to be rid of them as they are making doing anything in the cryptosphere difficult or maybe even impossible.
All these promising coins and companies are placed into turmoil every time some idiot from the PBoC opens his big gob.
They are holding us back. We should worry less about China banning us and focus on how cryptocurrencies can go forward without the Chinese.
For people who might not have heard, here's the latest cause of a BTC crash...