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Market crash who's selling don't worry!

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It's the miners that are switched off and get liquidated. They are highly leveraged on credit and have to pay back their loans which are immediately called due. They have to sell all they have during the next nights. In China we can expect many to get imprisioned. But the reason is that China wants to promote their own centralized coin. They try to combat freedom and aim to control and protocol every single payment now and for the time beeing. But that's no problem for Bitcoin. The network difficulty will automatically be adjusted. It leads to lower energy consumption, lower hash rates, lower processing time and fee. A decentralized chain can not be controlled. The internet can not be switched off. China can not succeed with this attempt. The price moves are unpredictable for now. They could even go under 10.000 again. But it's the time to buy, to keep and to hodl. It's healthy for the coin. I expect it surpass 100.000 $ within one year.

submitted by /u/maltewitzky
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