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Author Topic: Do you think capital controls in China will impact bitcoin price?  (Read 277 times)
rscholey
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September 20, 2015, 12:32:56 PM
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https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/
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September 20, 2015, 01:16:36 PM
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Yes they should, but you can't say that they will 100%. Chinese people are already very familiar with the Bitcoin. They started the last huge bubble. Last time this was just purely speculation wise. This time they will maybe do so out of necessity to avoid capital controls.

Only problem that I see here us that Chinese banks already have restricted their involvement with the Bitcoin exchanges. If the Chinese can work this out, how to get money to the exchanges, then we might see a spark from the Chinese.
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