Topic: Is China the core up holder of Bitcoin? - page 3. (Read 486 times)
Such news causes chinese investors to sell their coins, also other investors sell their bitcoin as they think it will decrease. Since bitcoin is decentralized coin, china's ban has no effect on bitcoin except price.
I think China is one of the major holders as well as the US
china is one of the biggest investors in bitcoin besides America hence price refers to china because bitcoin price depend on its user volality so it can be said china become one of bitcoin core holder.
I think here again you can see the hand of the manipulator, judge for yourself, even if China is a large holder of bitcoins, no prohibitions can prevent users from working with the BTC, this is the essence of bitcoin, because to circumvent the prohibitions, there are many options, such as VPN.
Cryptocurrency is banned in China,but most traders still holds on to their bitcoins in large quantities. Any news from the government make the traders react and they start to sell off.
Yes, In China Lots of people do Mine bitcoin frequently. Though Cryptocurrency does not allow in China, still people are mining bitcoin there. If China government entirely bans bitcoin, then I have a doubt bitcoin can't make good figure anymore. Lately, I have seen a report that Bitcoin will take hair to Under 6K USD for a short time. I am not sure, if that happens then that will befall for China
I think China is one of the major holders as well as the US
Hey guys,
On Tuesday, I hard on the news that 'Bitcoin fell by another $300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding ' .
So I have been thinking, is China the core up holder of Bitcoin? If they totally ban bitcoin, will the price of bitcoin totally reduce?
On Tuesday, I hard on the news that 'Bitcoin fell by another $300 on Tuesday after the fallout of a Chinese ban on cryptocurrency crowdfunding ' .
So I have been thinking, is China the core up holder of Bitcoin? If they totally ban bitcoin, will the price of bitcoin totally reduce?
Well I do think that China as a superpower has a large influence over everything especially on financial and exonmic concerns. That is why their mere presence on the cryptocurrency market can make or break anything that is in their territory. There have been talks and a lot of chatter that china has a nefarious plan that would benefit them and it starts by banning cryptocurreny they have a stranglehold on it now but I still think it is doable in the long run
Yes, there are a lot of investors in bitcoin in China. Therefore, any news from China have a great influence on the price of bitcoin. In addition to investors, there are also a lot of bitcoin miners in China. All this also has an impact on bitcoin.
Yes it is true that china is the largest bitcoin holder, therefore every news or step china about cryptocurrency is very influential with the price.
Certainly they are because they hold the largest mining farm in the world and also their population is stil a plus to them..
Bitcoin is widely owned by every country but I think it is true that China is the most bitcoin owner of the world, so the news from China is very influential with bitcoin prices.
China's population is what makes whenever they sneeze bitcoin will shake. They have a good numbers of bitcoin holders and exchanges. Banning Bitcoin completely by China will effect their citizens and also their economy. I do not think the will go all the way to ban cryptocurrencies. I think they will make do with regulations.
China is the most populous country in the world, and BTC users are also the most!
The Chinese government’s ban does affect BTC’s prices, but many Chinese blockchain companies have gone abroad to develop cryptocurrencies!
I believe that China will reopen the cryptocurrency market in the near future!
The Chinese government’s ban does affect BTC’s prices, but many Chinese blockchain companies have gone abroad to develop cryptocurrencies!
I believe that China will reopen the cryptocurrency market in the near future!
if practically China holds the core of Bitcoin I think it is not because bitcoin is developed many people, only in China many bitcoin trading activity and other altcoin.
China is quickly becoming the country with the strongest economy in the world, so anything that they do, will have a ripple affect in the financial world. The ban on ICOs and crowd funding has been a controversial subject for a long time now, because this scene is riddled with scams. So it is no wonder that the Chinese government would issue some kind of restriction on capital flowing into these scams.
Capital control is crucial to their strategy to become the strongest economy in the world.
Capital control is crucial to their strategy to become the strongest economy in the world.
China is not a bitcoin holder, but china is one of the countries with the most bitcoin users, so it's natural that in china there are policies on bitcoin, it always has a big effect on the price.
We all know that there are alot of chinese business man and most of the chinese people are business minded, perhaps it can be also the reason why bitcoin is affected by china ban on crypto but that doesn't mean they are the core holders, because if they are, bitcoin must probably very devastated now.
I think china does not want bitcoin because maybe it's a bitcoin bitcoin so they do not want bitcoin but other people in china want bitcoin because of its future for the poor people so they can assemble even money can only support their families
China's influence on the price of bitcoin is still very large
China is the biggest market for all the products and services. Russia and China signed $400 billion deals for 10 years.
China is one of the major contributor countries in cryptocurrency 
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