HELLO STEEMIANS!! LET'S TALK!
THE SHOCK
As We All Have Seen That A Week Ago Bitcoin Price Got Down In Minutes (Now Its Recovering But.). So The Reason Was (Not Confirmed But 80% Chances) That China The Most Populated Country In The World Banded The Bitcoin And That's Why Bitcoin Got Too Effected By It!. Even The Best CryptoCurrency Mining Website EBOT Claim That This Can Be True And They Have Warned There All Users To Cancel Contracts And Convert Coins Because If It Get True Then Bitcoin Will Be Really Killed By More That 2.5 Billion Peoples. But..
THIS CAN BE TEMPORARY:
After All, There Is Nothing To Worry About (Claimed From Many Websites) Because This Ban Was A Temporary Ban By China Because Of There High Errors And Volumes, That's Why They Just Decided To Rest It For Some Time And Start Mining From A New Point n' This Is The Reason That Bitcoin Price Is Recovering Day By Day! And It Can Reach 5,000$ In Some Of Days!
As you may have heard in the news over the last few weeks, China has implemented bans on ICOs (initial coin offerings) and now Bitcoin and other cryptocurrency trading. It is unclear if they are going to ban Bitcoin mining.
Eobot currently runs the majority of our Bitcoin mining in China. Depending on if, and how, they ban Bitcoin Mining (for example, they may let us ship the hardware out of the country to continue mining), Eobot may be forced to terminate Cloud Mining/GHS contracts early.
We hope this doesn't happen, but we are announcing this to our users to be fully transparent and allow the option to trade and sell their GHS early and before a China ban becomes a reality.
Until next time...happy mining,
-The Eobot Team
HOW ITS HELPFUL:
As It Is Proved That This Was A Temporary Rest Ban For Some Time And It Caused A High Damage On BTC Price So It Was The Greatest Time For Traders And Buyers To Buy Bitcoin And Gain A Really Huge Profit (Approx 1,250$ Profit Per Bitcoin In This Month Only If Bought At Good Time) Like They All Did In Bitcoin Hard Frock Which Made Bitcoin Cash....