Yes, it's China. Again. Their Central Communist Government has put in a strict capital control due to the problems in their economy. So, Chinese are increasingly turning to alternative means to bypass the rules to send money outside China. I never thought China would come back to force the price increase again but it's happening right before our eyes. As long as Chinese Central Communist Party's in charge, this situation will only get worse. Until they totally ban btc.
Well if their Communist party does all this than this is a true dictatorship. I am sure if they have their capital controls all set and enforced and Bitcoin banned that the Bitcoin black-market will start blossoming.
I mean if this would really happen, Bitcoin would still be their best shot on getting the money out of the country. I don't see another easier way for the Chinese!