Disturbing

[Taskford]

Disturbing? no, for all we know, China is just playing with us, they maybe focus on banning all cryptocurrencies now but I think they are also secretly holding some Bitcoin. We never know what's in their mind, they are in control of the regulation, hence they can manipulate for their personal satisfaction.

I believe that China has the biggest miners, how come they are banning crypto with that?
There is something in them that they kept in secret, they know that crypto is the next big thing, its impossible they would not share a single slice of the pie.

They often spread negative news. But later the news will slowly disappear and prices will rise again. This is just a game that's right as you say. If they really want to stop crypto or bitcoin they should have done it from a few years ago. This is their only trick to make the price go down and then be able to buy it

Expect for it to come since they want to buy bitcoins at cheap price and they scattered those news so that they create panic so people will get annoyed and trigger the dump but actually this strategy is been much known by people and yet the effect of the fud is not the same on the past years since bitcoins became stable and provably those fud news coming and incoming will be replenish once year 2020 will came.

[Ayiranorea]

This shouldn't be considered a disturbing factor, because earlier bitcoin growth was much associated with the decisions from china. This was all because of its support and the increased number of mining farms functioning in China. Major reason being the bitcoin's speculative feature which reacts. This isn't China, even if similar news come out of some other country that has got good number of cryptocurrency users then the scenario would've been the same.

[alani123]

OP, would you be surprised to know that markets price in potential changes to the landscape for the product related to the investment? It's the same with anything you can invest in and primarily stocks. BTC is less exaggerated in its connection to real world actions though as it's much more speculative based on market forces other than anything else. With that in account though, China is indeed a massive player and what the country's government allows or not could have serious ramifications in any market with its huge economy accessing or not.

[sana54210]

We talk about whales here in bitcointalk about and how they change the prices however they want but we are forgetting something major which is China is the biggest whale out of them all. This is a nation that basically prints money without trouble because they are making soooo much money from other nations and they don't have much they want to buy from other nations, so they are basically always at positive and can use that money into investing.

So, whenever china says something bad about bitcoin and price drops, they can buy BILLIONS of dollars worth bitcoin and just let it be, if it doesn't go up too much they can say stuff like they are looking into blockchain to pump it a bit and then sell it to make a ton of profit. These are nations dealing with trillions of dollars, investing into bitcoin is a wise choice for them all.

[Mahanton]

Oh lol,

China bans something again!
Run!!! Panic!!! The purge!!!!

But, one of a few articles that finally tell something right and show the true picture of the things going there, which most of the people in this forum still don't get it.

Blockchain, not Bitcoin

I don't understand why it is so hard to ..understand!
China was never interested in bitcoin, all they care about is the blockchain, just as there are no shops,  there is no usage there is only mining and manufacture of equipment, for them and the people it's not about the principles behind bitcoin it's about profits.
And the leaders think the same, they want something which they can control and make money out of it, and bitcoin comes with way too many disadvantages for their policy.

Long story short, as I said a few days ago, a week ago, a month ago...and so on.
Nothing good for bitcoin will come from China.

Most people do not really understand the difference between bitcoin and the blockchain, they think they are the same thing but we know they are not, and while China is by far the most obvious example of a government that likes the blockchain but doesn't like bitcoin on top of it the truth is that all governments are like that.

They are excited about having a ledger in which all the transactions of their citizens are visible to them, what they do not like in bitcoin is that they do not know who they are and that they do not control the network.

Of course for a heavily centralized like government wont really tend out to accept easily with Bitcoin.They know its disadvantages when they do tend to adopt it.

I dont know why people cant just simply understand on whats bitcoin and whats blockchain tech.Im not already surprised on what would be Chinas decisions towards things.
No matter what they do they cant really able to have a big impact on overall market.

[Wexlike]

*skip*
Im not already surprised on what would be Chinas decisions towards things.
No matter what they do they cant really able to have a big impact on overall market.

Tell that to the last green $1000 candle.