My conspiracy theory is that China wants reduce the price of bitcoin cash's price so their countrymen can buy at lower price. Then start promoting again.
yeah it can be true since they know that their country is one of the biggest investors of bitcoin and since chinese people are likely born to become a businessman, this is their strategy then they will buy bitcoin again when it decreases and sell when it increases. Maybe its a theory but who knows if its true
but i agree with this theory
in the end of bitcoin. its an absolute NO.
i just started to know bitcoin since last week but for me i think the news in china is not enough to make bitcoin destroy or end. maybe it will decrease the price which is what we are experiencing right now but there will be a time that it will rise again.
if someone said that bitcoin will be destroyed because of china, its like he/she said that china is in control of bitcoin
it might be true.. I have been looking for a lot of information yesterday's evening, and this is what almost everybody is talking about. Or maybe those giants traders in New york want to spread fud so they can buy bitcoin at a reduced price, that is the only theory that i think that sounds fair.
But nobody knows, i have bought some bitcoin at this price and i am happy with that, but it looks like it is recovering now, it will be a slowly proccess but it would be done.