[fsociety]

https://www.livemint.com/news/world/chin...22383.html

[mothered]

Here's another article detailing the ban and Bitcoin's value under 41k.

https://stockhead.com.au/cryptocurrency/...nder-40pc/

[HackingRealm]

That's why crypto market dropped today right?

[Oni]

Between China and Elon, seems like the perfect storm.

[Severun]

Should we expect GPU flood on secondary market?

[Oni]

Between China and Elon, seems like the perfect storm.

On this note, I'd wonder if China is engaging in manipulation as well.

They'd gone from calling it an "investment alternative":
https://www.cnbc.com/2021/04/19/china-ca...-tone.html

To banned entirely:
https://www.reuters.com/technology/chine...021-05-18/

[Spooky]

wow this is purely market manipulation. you can not tell me china didnt have a lot of mining rigs while it was at an all time high. cashed out and called everyone else a piece of shit for doing it . unbelievable.

[hacxx]

Hitting $38000 while i'm posting this comment.

[Oni]

wow this is purely market manipulation. you can not tell me china didnt have a lot of mining rigs while it was at an all time high. cashed out and called everyone else a piece of shit for doing it . unbelievable.

Well, and they're responsible for a majority of the pollution that Elon suddenly found out about.

[fritz]

Should we expect GPU flood on secondary market?

That would be some great news !