http://en.wikipedia.org/wiki/List_of_countries_by_the_number_of_US_dollar_billionaires
There are 4 times as many billionaires in the US than in China.
why are Chinese billionaires more likely to invest in BTC than any other nation? What do you base that wildly speculative premise on?
Although the average wage in China may be low, there are many very wealthy people in that country.
I refer you to the following:
http://www.mckinsey.com/insights/marketing_sales/understanding_chinas_wealthy
http://blogs.wsj.com/chinarealtime/2013/10/11/number-of-chinese-billionaires-skyrockets/
I could provide more links proving that there are MANY VERY wealthy people in China.
There are 500mill middle class in China. If one in ten of them (every fifth couple) put 2k into btc that would push up market cap by 100billion.
That would be about 10k a bitcoin?
this is stupid comment, considering the yearly wage in china is probably like 1500 dollars, so no you won;t get even guy in china investing that much