Is China stepping back?

[Price Givens]

Normally http://fiatleak.com has a steady stream of coins flying from the Yuan but it's been slowing down it seems.  Thoughts?

[Agestorzrxx]

I think lots of chinese investor has enter in stock market which soaring up recently.

[John (John K.)]

Hmm.... China is relaxing the restrictions on Bitcoin though.

http://www.coindesk.com/chinese-official-bitcoin-can-co-exist-fiat-currencies/

[haploid23]

When it comes to bitcoins, I'm pretty immune to hearing the word "China" now.

[lyth0s]

The way fiatleak works is not actually new fiat coming into bitcoin, its just the bitcoin trades for fiat. For example if a person A on OKcoin buys $1 (or CNY) of bitcoin from person B, then 10 minutes later sells that $1 of bitcoin back to person B. Fiat leak shows $2 of bitcoin being bought, when really no new fiat needed to enter OKcoin for those trades.

Anytime bitcoin trading volume is low, even person A->B->A->B, then fiatleak numbers will automatically come down.

[Francesca]

it seems just a trade data of exchanges which are unreliable, not the transaction data from blockchain.