How about some actual data?
https://btcvol.info/From the site -- "How volatile is Bitcoin relative to gold and other currencies? For comparison, the volatility of gold averages around 1.2%, while other major currencies average between 0.5% and 1.0%."
Eventually Bitcoin will reach this target, and you can see we've had a nice downtrend that supports that thesis. As far as Chinese "controlling the price" -- they sure as shit didn't keep price above 1,000 - did they. I'd say that means they can't control anything.
But yet again, market newbies think they understand the big picture when all they're staring at is their big toe.