China Bans Bitcoin Exchanges AND Mining? Good or Bad?

1miner.
needs 10s or 100s of high end videocards (
waists 100+% of more power than a normal family
still needs a room or a house even to live in.
he wants a income but he doesnt want to contribute to the world by working at a company.

the amount of earth resourses needed so 1 guy can have some pocket change is astonishingly dumb.

when i was a kid and i needed like 1 or 2 euro.
what i did is empty full bottles of soda that my mom boght.
so i could turn it in for 25 cents.

so i made 25 cents out of a full bottle of soda that my mom bought for 1euro50.

mining is the same really.
turn a massiva amount of earth resources into pocket change for 1 group of people.

mining should be banned!

thanks god they did that

too any china people doing it . so less people doing it the better

thats hell of an good thing . Mean they can make the Asic miners and not use them .

Good day

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Chinese money greed has no limit. They poison our economy because they want to win it all and don't share anything. For people who live in China we have a word : Chinese never look for a win-win and balance deal but a double win where they win it all. That leaves the world with very little. That's their mindset. So we should ban them from mining. Since they benefit from almost free electricity in China, they mine with a competitive advantage no other miners have in the world. The Chinese miners were granted this advantage by the Chinese government itself. But look, Chinese miners are so greedy that even their own government stop back them. Get a brain an think of it. Let the people of Canada mine in peace. Make a petition and send to the government of your country in order not to let the Chinese mine in Canada or anywhere else in the world. They will export their unfair practices in our world. No thanks !

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Hey Crypto Daily… any comments on this new mining ICO: https://affinitymining.io/. Did a quick scan, I find their mining sites to be in the region of Scandinavian. Not sure if they have cheapest electricity. They say they will use state of the art ASIC miners. But in FAQ, I find this:

Question> When will the first quarterly pay-out be issued?

Answer> Within 8 weeks after the close of the ICO. This timeline is entirely dependent on the miner manufacturers ability to supply large volumes of miners on short notice.

I want to buy bit coin right now? Should i?

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hi ya thank you for your content its helped me alot. i trust ur research. and you are really balanced which is so needed in this space. i have been a trader so i understand charts and can read markets quiet well missed out on ant shares. but right now would be buying rxp and omg. ..btc cant help but thing there will be more of a pull back.. i am uk based and need to find out how to get set up where best to buy btc. then which platform to trade for alt coins. and how much slipedge is lost by going in and out of wallet to platform .really greatful if you could help me. kindest regards.andy

Another good concise informative video. Thanks buddy keep up the good work. Good presenting style.

best commentary on the web

Ooh bit of a smack down on dcn, I bought out but will be going back in, it has a really strong community, team works hard, super committed, plan is ambitious some interesting thought has gone into it, especially how they tie its circulation in with existing circulating currencies, I wouldn't say it is a coin strictly for dentists at all. I'm not convinced it is a just another shit coin, although I kind of wish it would prove that to be true. Understanding why it jumped like it did is interesting. https://t.co/cUt6f24H34?amp=1 Almost forgot I was so glad when that fucker little finger finally got it – https://t.co/cUt6f24H34?amp=1 Be careful being Little finger, Arya and Sansa might be waiting for you with the Valerian steel.

Wow 91% correlation interesting

How would a government "switch" to Bitcoin? They don't own any and their currency would suddenly be worthless.

The beginning of this video is the perfect intro to why someone should escape the failed fiat system. Once again, thanks for the daily.

Good video!

you could have been describing Bitconnect scam as it sounds similar to the housing scam you described

To many crypto sales in China makes the CNY weak. If china takes cryptos out of China, cryptos make other currencies weak like the dollar. I think thoug, that China fears more Blockchain than BTC. To decentralize things in a country as big as China could cause a big lose of control over the huge population.

China even had a temporary ban on selling stock on their stock market as well. So…. Yeah they ban everything.

Wheres my cool intro ? JK keep it up man!

Another pure win video. You sir speak the truth and are fast approaching leet cult status!

They dont ban mining? Only banning buying cryptocoins,

Hmmm. You are …………. clever

they dont want it, their loss

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Brilliant thanks. You squeeze so much info into your short videos it saves me hours upon hours of reading and research. Much appreciated!

Chinese goverment speculation are have two task. First: to slow down BTC and bearish BTC price (not to destroy, only to stop). Second: NEO blast to the moon. This is game of big players. China is bigest player. Follow chinese.

He's back! Swinging for the back bleachers! Run Crypto Daily run that one is out of the park! Unbrellas. . . lmfao

You do a great job, keep up the good work and dont stop your skits.

Thank you for the video.

Where is fiat daily guys i want punch him in the face lol

Awesome vids bro!! ?

Let China GTFO and end the FUD.

I will be on the lookout for some cheap mining gear flooding the market! Time to stock up!! lol

thanks man

I bought my first bitcoin 1 year ago, and have learned a great deal, but having the massive hurricane, helped me understand the power of crypto. While I watched people stand in long long lines just to get cash, I felt safe and secure knowing I had bitcoin and would survive if everything collapsed… I'm more convinced than ever that those of us who have bitcoin will be the governance of the future…. Bitcoin not going anywhere but up!!!

Thank you for your intelligent commentary, I also really enjoy your humor….

should just put you in the center full screen unless youre showing something on the screen imo. good ish as always tho

I just liked u, u won my heart from the previous crypto hosts. KUDOS

always great, first thing I look at with utube…..tx.

What a strange thing that shutting down vast amounts of the hashing power that secures the blockchain would be considered a good thing.

the more people mining BTC the less the reward for mining right?
if china is out of the picture, all other miners will be rewarded better and more people would join if the reward outweighs the cost

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