nico on Nostr: I still stand by the China Bitcoin mining ban right in the middle of the last bull ...
I still stand by the China Bitcoin mining ban right in the middle of the last bull market was the reason Bitcoin didn’t hit $100k last cycle.
The Hashrate collapsed and the sell pressure from miners dumping their coins to relocate to friendly jurisdictions.
Makes you wonder if the ccp did it on purpose.
Published at
2023-02-25 15:43:47 UTCEvent JSON
{
"id": "b5d44322bbf486600c365bd730a5568b5acc29e7cca22f17de11a4e36498c3e9",
"pubkey": "472be9f9264eea1254f2b2f7cd2da0c319dae4fe4cd649f0424e94234dcacf97",
"created_at": 1677339827,
"kind": 1,
"tags": [],
"content": "I still stand by the China Bitcoin mining ban right in the middle of the last bull market was the reason Bitcoin didn’t hit $100k last cycle. \n\nThe Hashrate collapsed and the sell pressure from miners dumping their coins to relocate to friendly jurisdictions.\n\nMakes you wonder if the ccp did it on purpose.",
"sig": "952313469522ef32c0fcecf6c56e3436d989ed95ceda8d921fe578a718d70c7bc10dcd47711f8835971bcf2fd9e3ebfff549a886d54b0d4c4aefb09439ac8908"
}
