Why is china so influential with bitcoin prices?
I think because of the large number of miners. And the main thing in bitcoin is mining. If mining stops bitcoin will die. It is all due to miners of bitcoin that the people from all over the world invests their money and are making more and more money. if China also ban on mining it will be very dangerous for all the investors because all their investments will be lost. The investors will never afford this. 
Topic: just a simple question? - page 5. (Read 2897 times)
they are the big holders of BTC. and up until now, i believe they still are. with such number of population connected with bitcoin trading, chinese is i believe the top traders. they just manipulate the market. so this ico ban is just one of their strategies to get the btc market.
in my opinion also like that, china very much role in BTC world. the traders and investors are very much from the chinese population, And chinese want to manipulate bitcoin but they can not.
Why is china so influential with bitcoin prices?
Because China is so big with so many people. Being one of the largest population in the whole world, it also has a certain percentage of people who ate bitcoiners. So one move of bitcoiners will also move Bitcoin as a whole. Yes, it can somehow shaken a bit but of course will not falter. Bitcoin is unstoppable!Ya I agree you.60 % of bitcoin investor are Chinese.If this continues means,the currency value of china will reduce and Soon Bitcoin will replace the currency using in China.This also affect their economy.By thinking all this ,china had try to ban the Bitcoin from her Country.But bad luck,they can't do that so.Now again the price of bitcoin is moves to the moon.
Why is china so influential with bitcoin prices?
Because China is so big with so many people. Being one of the largest population in the whole world, it also has a certain percentage of people who ate bitcoiners. So one move of bitcoiners will also move Bitcoin as a whole. Yes, it can somehow shaken a bit but of course will not falter. Bitcoin is unstoppable! since china is one of the most powerful in terms of economy every move they make will have a huge impact even in the world of cryptocurrencies. and there are many btc users that are Chinese that is why they affect the price of btc.
This is I think most relevant answer
China has big known investors who holds tons of coins in their side.. china I think is one of those people who are pioneers interms of technology like these. And most advance also lots of people are using also cryptos.
Some of people said that china wants to manipulate the coins but who knows what is the real deal
Because they are the country with lots of investments in bitcoins and many of them have mining exchangers and others. So in a single word of china the price of bitcoins can be changed. But now it seems we are no longer feeling the return of the bitcoins in the past. There is absolutely nothing to stop crypto so happiness is happening.
population of china is too big so many people tend to buy bitcoin than other country...
China is a odd country no twitter no facebook no btc 
first Chinese countries that support the existence of bitcoin, and now china makes panic by banning bitcoin, in order to lower bitcoin market prices.Now they have some news again of letting those exchanges operate again but now, they would have regulations applied to it so that they can still have control over it. Before, they were alarmed because many people decide to invest on ICOs and trade on exchanges that they were not able to control so they decided to ban it. They were able to make the bitcoin price go down in value but now bitcoin price is going up because of the incoming bitcoin fork.
because china have large population and most of them are using bitcoin...and there activity is mining because of lower cost of electricity....
China is a odd country no twitter no facebook no btc
first Chinese countries that support the existence of bitcoin, and now china makes panic by banning bitcoin, in order to lower bitcoin market prices.Well i rather think they might have something up their sleeve which might be revealed later because they seem to sing along when it pleases them and the opposite when it goes against them and such hypocrisy cannot and should not be tolerated from the chinese government.
China is a odd country no twitter no facebook no btc
first Chinese countries that support the existence of bitcoin, and now china makes panic by banning bitcoin, in order to lower bitcoin market prices.
Why china affects the price of btc? It is because they have the big investors of btc, they hold good amount of btc which makes btc fluctuates so fast if someone whih we called big whales withdraw their money in btc, the value will surely reduces into low amount. But this past few weeks btc rises despite the fact that chona still at the crisis of banning still btc lift it self up because there were strong foundation from other country that support it so much, so we hope it will continue and china will continue to invest high money into btc.
Why is china so influential with bitcoin prices?
china has failed to reduce the value of bitcoin to very low levels. quickly the bitcoin can rise again.
I think china has failed.
very influential because bitcoin users in china country is very big.
which is why china has a big part in the value of virtual currency or we often call crypto.
but now china is no longer the biggest problem for bitcoin.
in because most bitcoin investors are in China, and since bitcoin is illegal by the government, most investors back off and influence the value of bitcoin prices
Why is china so influential with bitcoin prices?
maybe because in china there are many bitcoin users and the number of bitcoin owned is also a lot, therefore if china users do transaction jua buy in exchange it will have high impact on bitcoin price, I think that's the reason
Mostly to do with the mining being somewhat centralized or based in China due to the cheap/free electricity. There are also whales and big exchanges (debatable) in China too. So they have some influence.
So, when the exchanges closed and people cashed out the priced dropped a fair bit, but surprisingly it rebounded pretty quickly too.
So, when the exchanges closed and people cashed out the priced dropped a fair bit, but surprisingly it rebounded pretty quickly too.
I think the government feels threatened by the existence of crypto currancy as investors begin to glance and move their investments from yuan to bitcoin.
because China is a country that uses bitcoin, especially businessmen in China, and because of the concern of the Chinese government if the yuan currency will lose with bitcoin, then China forbids bitcoin and ico, according to the news I have ever read.
China is one of most important pillar in development of bitcoin. They have made this business so classic that every other person is coming into it. But Chinese government can only take that much which doesn’t surpass them their own currency. Bitcoin was overwhelming the effect of yuan so they have banned bitcoin for a time being. I hope they will legalize it after.
Because electricity is cheap China mining pools controlcontrol more than 70% of the Bitcoin network’s collective hashrate
Also,China being the fourth biggest country it is logically to store a big amount of bitcoins.
China cant stop/ban Bitcoin but it definitely has some control to its price and without China involved in Bitcoin the mining will become harder and a bit more expensive
Also,China being the fourth biggest country it is logically to store a big amount of bitcoins.
China cant stop/ban Bitcoin but it definitely has some control to its price and without China involved in Bitcoin the mining will become harder and a bit more expensive
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