Why is china so influential with bitcoin prices?
are bitcoin prices decreasing today ? I have not seen the market. but I guess it does not exist. in the case yesterday may be true the impact of china so felt. but I think it has passed.
Topic: just a simple question? - page 8. (Read 2897 times)
are bitcoin prices decreasing today ? I have not seen the market. but I guess it does not exist. in the case yesterday may be true the impact of china so felt. but I think it has passed.
Why is china so influential with bitcoin prices?
And a simple answer, China is just too damn big and there are too many Chinese on the planet! Also, if still the case, the US government owes China a pretty huge amount of cash. So in reality, that kinda makes China the big gun. China has widely extended its territories having control over a considerable number of economies. China has a mission....and it’s pretty obvious...world dominance!!! Why is china so influential with bitcoin prices?
Because many investors and holders are coming from China. Many mining activities also done in China. So, there are very influential. 
Why is china so influential with bitcoin prices?
China is home to many of the world's most BTC investors. They keep a large BTCs that can cause turmoil in the crypto market, which is why China's influence is so great. 
They have been a major percentage of miners, mining pools, holders of large amounts and lots of the best technologies in crypto came from China.
Biggest spenders often are Chinese and up until recently it seemed like China had the controlling hand on the network but ...
It isn't so anymore.
Biggest spenders often are Chinese and up until recently it seemed like China had the controlling hand on the network but ...
It isn't so anymore.
in my opinion, it is because they own large volume of bitcoin causing them to be one of the dominating forces affecting bitcoin's price rise and fall which affect others as well who have weak hands, just like a domino effect. It could also be their processs of manipulating the prices so that they can buy bitcoin again once the price falls and taking profit after it get backs up. most of the Chinese people are business minded and this is one of their ways of doing business. Buy low, Sell high.
Why is china so influential with bitcoin prices?
the answer is simple. there are a lot of buisnessmens who invest in it. Yes, they are maybe more interested new inventions, you know) 
Are they really influential in bitcoins? I do not know but if Dimon do not announced bitcoin as a fraud at the time the Chinese government banned bitcoin, the effect of the China to bitcoin is not that much. Even if Dimon and China made that moves, bitcoin price is still high. So basically China is not that influential. But I guess it looks big thing because China is big and that Chinese are many. 
Becasue there are too many mining activities in china. And also too many bitcoin holders there.
Why is china so influential with bitcoin prices?
many causes are factors. which obviously bitcoin users in china country big enough and many. one of the influential factors of china, but I am sure, bitcoin will be able to pass through it.
Why is china so influential with bitcoin prices?because china is pawerfull country
Chinease bitolin holders can obviously just use the other exchanges (but who knows what can happen with their government, they always had extremely strong internet chensorship). There is no exact borders for btc but they still have huge amounts of farms (but imho it will only decentralize bitcoin).
I realy hope that the BTC price changes caused by china bans can only have influence in short term and situation will be normalized pretty soon.
I realy hope that the BTC price changes caused by china bans can only have influence in short term and situation will be normalized pretty soon.
Why is china so influential with bitcoin prices?
as far as I know China is very influential on bitcoin, because chances are half of the shares owned by bitcoin may belong to china, and china has established cooperation.or on the contrary the reason is probably most bitcoin users are chinese. then it will also affect the bitcoin.
Why is china so influential with bitcoin prices?
Because their country has the highest number of population in the world and they are the major part of manpower and consumer in almost every market and trades. Even major company like samsung and other gadgets invests in china so it's no wonder that a major part of bitcoins market is affected by china.
China is not influential i think. Its peoples fear that is affecting bitcoin.
Slightly you were right but as I can see from the recent news and even some would even say that in China, there are so many people that are using bitcoin, or should we say they are mostly investors and that news took a great deal at the bitcoin's price which is the reason why it goes down for a bit, but it will rise again.
But as the population is much higher there, people fear about the bitcoin markets falling and in panic they sell off their bitcoins leading to the price fall of bitcoins. But surely bitcoin will again rise as bitcoin has previously faced many such situations and now is strong enough.
but many people still think about hashpower which china contribute, don't know about the future of bitcoin if china going to banned the mining activities there.
Why is china so influential with bitcoin prices?
China is so influential not only on bitcoin prices but also to all things that can be traded. They controlled almost everything in the world. China has the ability to mine more bitcoin because of their cheaper electricity compare to other countries. China have the most advance technology to mine at cheaper price. And I think many Chinese are in the bitcoin industry now.
Why is china so influential with bitcoin prices?
Because China is the world's second-largest market economy, the large population and rich people invest in bitcoin. Influence and develop to bitcoin. So if China prohibits bitcoin, it will have a big impact on the bitcoin currency. 
China is not influential i think. Its peoples fear that is affecting bitcoin.
Slightly you were right but as I can see from the recent news and even some would even say that in China, there are so many people that are using bitcoin, or should we say they are mostly investors and that news took a great deal at the bitcoin's price which is the reason why it goes down for a bit, but it will rise again.
But as the population is much higher there, people fear about the bitcoin markets falling and in panic they sell off their bitcoins leading to the price fall of bitcoins. But surely bitcoin will again rise as bitcoin has previously faced many such situations and now is strong enough.
Why is china so influential with bitcoin prices?
Currently my most electronic part are import from China so yeah China can do anything with major market exposure.
China may the most wanted investor if they want to build their start-up company and as we can see when China able use bitcoin , global market got affect quite much
China owns the largest mining and bitcoin industry in the world, 81% of mining pool belongs to them, they have a cheaper electricity cost from coal and nuclear which how the mining works, it needs a ton of electricity in order to generate and mine a lot of bitcoin, but Chinese government bans bitcoin and we all know that, there's a news that the Chinese crypto traders moved in to japan.
Jump to: