Bitcoin Clown World #529 - China Fud Becomes Real As Beijing Cracks Down And Bans All BTC Miners

1. China is finally serious about banning bitcoin mining.
2. It will take months for china miners to relocate to a more stable region.
3. The western world, europe, america, mexico, and south america all benefit ultimately from china's collosal mistake of banning crypto currencies.
4. The next couple of weeks to months will be crap for bitcoin and crypto until the chinese miners relocate successfully. Hopefully sooner than later.
5. This is a REAL China fud event. Negative fundamentals will drag on crypto for quite some time.