China about to implode

Remember that Sichuan alone makes up almost 10% of global BTC hash power

NASDAQ 3000 points EOY
BTC 3000 dollars EOY
LINK 30 cents EOY

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meh, more like the banking system could be restructured

shit i wish nigga. I would go balls deep into link

Less mining = less coins
Lower price means miners hold coins to make enough money
I don’t think it’s a bad thing

mining difficulty will change so the distribution of coins will only be impacted until the new difficulty is set, so not really a big deal in terms of scarcity. if anything other miners would earn more coins becuase now 10% isnt being eaten up by 1 company.

How long until this happens? Because this seems to be a while away.

China is always closer than they appear.

They just think that because squinting fucking with your depth perception.

...

The only thing that can stop LINK at this point, barring governments openly banning it's use, is a full on apocalypse.

Load ze china fud

Chinese mining centralization used to be a big deal but now with all the shit China has done to fuck itself up I don't think they'll ever be king again.

>the only thing that can stop LINK is the apocalypse
>LINK will be stopped before NEETs get wealthy
>therefore the apocalypse is inevitable, qrd
Based Sergey, harbinger of death

What does this mean????

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World economic meltdown.

How does this effect the world and not only china? I don't understand boomer stocks. Also what does this mean for cypto and bitcoin?

Is china done?

How will this affect crypto?

that covid dip for link was glorious

We're about to get another. Went to warehouse grocery store this morning, pretty much out of meat.

It’s over

>It's over
NANI????????????

Economic systems are interlinked. There are chinese who make investments in other countries and vice-versa, so if there's a economic agent (for instance a bank) which has very diverse investments or clients there's a chance that the whole system goes to shit. Similar to how a virus spreads.

Crypto may take a hit as well it depends on how people in this economic pie slice are interlinked with the rest of the system.

China and the world might be done, yes. It may be a matter of time.

Fuck knows.

Other countries will take up the slack. It will give the Africans a chance at actually making money. They have infinite solar power. They can mine and mine so efficiently once setup. China falling behind is good for competition.

Fuck, i wonder how normas will be affected. Hopefully this causes the great bullrun.

I'm glad im all in LINK/XSN.

bears are still COPING
now some literal who bank from flyover china will cause markets to go to 0 (and yet a deadly virus didn't)

AHHAHAHAHAHHAHHA COPE HARDER
you bears are some sad (and poor) motherfuckers.

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niggers keep doing nothing. dream on faggot

This is the stupidest thing I've ever read anywhere.

>Is china done?
yes, but only chinamen are fucked
america remains the greatest land of the world

well guessss what user

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