Do you think capital controls in China will impact bitcoin price?

[shoujiuhaituo7]

I don't think so. The Chinese are already very familiar with bitcoin, and they are very mature after the events of September last year. No news will shake the confidence of people to invest.

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[maianh09]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

Capital controls in China will have a significant impact on Bitcoin's prices because of the considerable bailouts in China, and capital controls will limit their operations, making Bitcoin prices move more slowly and possibly down. Instead of going up. I think China is trying to enact new laws to remove Crypto from its home country.

[boksoon]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

No, Every country has a stable economic stability standard their source of income for good economic growth is stable and consistent that's why I say that Bitcoin movable price inflation and deflation is not bothered to the government economy for each country specially in China.

[renes]

They impact the market because in terms of holdings they are maybe first but in terms of regulations so except money they have no effect much.

[haroldtee]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

Capital controls in China will have a significant impact on Bitcoin's prices because of the considerable bailouts in China, and capital controls will limit their operations, making Bitcoin prices move more slowly and possibly down. Instead of going up. I think China is trying to enact new laws to remove Crypto from its home country.

I really wonder if you guys think that China is the only country where bitcoin is traded, but indeed you are not informed that the highest traded currency against bitcoin is JPY.

I feel we give too much importance to China and indeed let that affect our mindset that every little thing from there is always going to affect the market, just the way some people attributed the end of the Chinese new year to having a positive impact on the market.

This is a global market and China cannot stall the growth of bitcoin, no matter the action they decide to take against it or the policies they decide to come up with.

[darewaller]

I don't think so. The Chinese are already very familiar with bitcoin, and they are very mature after the events of September last year. No news will shake the confidence of people to invest.

No matter what, I do not even expect any news to really affect bitcoin that much. We should forget about what is happening in the market, thinking because of every news, investors are dumping, these are just whales always using the news to manipulate and make a huge load of profit from it which would not even last long. News from China has actually caused some few things in the past, but if you look back, we will see it was never really relevant eventually.

[sevenjoy]

China is being believed a crypto users rich country hence any new regulations which are imposed to them will certainly impact on crypto markets. China is already worrying about deviation of money flow from their bonds and shares into crypto market. So, these capital controls may be followed strictly. For exact impacts on crypto, we need to wait and watch....

[justdimin]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

Capital controls in China will have a significant impact on Bitcoin's prices because of the considerable bailouts in China, and capital controls will limit their operations, making Bitcoin prices move more slowly and possibly down. Instead of going up. I think China is trying to enact new laws to remove Crypto from its home country.

I really wonder if you guys think that China is the only country where bitcoin is traded, but indeed you are not informed that the highest traded currency against bitcoin is JPY.

I feel we give too much importance to China and indeed let that affect our mindset that every little thing from there is always going to affect the market, just the way some people attributed the end of the Chinese new year to having a positive impact on the market.

This is a global market and China cannot stall the growth of bitcoin, no matter the action they decide to take against it or the policies they decide to come up with.

Most of that are already moving out of China. If I am a business man in China who has invested so much in the area of cryptocurrency, you really think I will let my country affect the way I do my business. Why do you think the likes of bitmain are looking for cryptocurrency friendly environment to set up their space ?

As far as I am concerned, they would be the ones losing out in the long run with their bullshit control measures, and the smart citizens are always going to end up finding a way for themselves.

[torch2121]

I think yes. China's contribution is big in Bitcoin industry, using it for transacting property in the US. their contribution is big. But it doesn't mean that their contribution will not bring back Bitcoin to its highest peak as we see right now even without their contribution Bitcoin is getting back to its shape as new investors comes in.
Not impossible by the end of  of the year Bitcoin price may reach $25,000 - $30,000. But who knows China might come.

[marcbitcoins]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

I think this is already concluded in which China cannot really influence the price of the Bitcoin even of their series of activities to ban or to manipuate Bitcoin and other Crypto currencies in their country still there is no impact in the market that even if there is then the effect is quiet minimal only. The truly that can greatly impact the price of Bitcoin is the manipulation of the big whales thru pumping and dumping the price value in the market.

[realcrypto]

Bitcoin is about to take over and no country can be a stumbling block. No matter how China government think their country is indispensable. Bitcoin can operate effectively form any country. The effect may not last.

[SolomonSollarsNSense]

https://blog.bitmex.com/hello-bitcoin-china-begins-actually-enforcing-capital-controls/

Capital controls in China will have a significant impact on Bitcoin's prices because of the considerable bailouts in China, and capital controls will limit their operations, making Bitcoin prices move more slowly and possibly down. Instead of going up. I think China is trying to enact new laws to remove Crypto from its home country.

it is always funny when I see comments like this that China this and that will affect the movement of bitcoin's price. I will repeat this since I have said it before. China is just a piece of the puzzle, and trust me, it is a very tiny piece that you will not even feel the impact if missing. China would enact their own law to favor themselves, some of the citizens will always find another way, but that will not affect the growth of bitcoin in anyway.

[campbell.box]

The influence of China's capital controls on BTC has been gradually reduced!

Capital controls are necessary to curb money laundering, terrorist financing and tax evasion.

BTC's investment enthusiasm in China will not be reduced by capital controls!

[baconlike]

Yes. This is certainly because China has a large number of people involved in the Crypto market, so if China has a policy to influence the market, it will affect the large number of investors. So the market will fluctuate in another direction.

[el kaka22]

They impact the market because in terms of holdings they are maybe first but in terms of regulations so except money they have no effect much.

They have no effect in anyway. First and foremost, their citizens are not dumb and the ones who even started a long time ago in doing business revolving around cryptocurrency are already finding a way to move out of the country just like bitmain and the likes are already doing. Chinese government is controlling freak and I really wonder how long they are going to keep up with their actions with respect to monetary policies in the long run.

[santosummer]

It was like an accident and it was a tough one for the crypto and bitcoin markets as at the beginning of the year. But I do not think that is one of the reasons to affect the value of the next crypto market. Bitcoin and crypto have really overcome the fear response and investors are increasingly more confident and patient.

[spartak-sbk]

This definitely has a big impact on the price of bitcoin. Look at how the news from China affect the price policy of bitcoin, the negative news bitcoin has fallen, the positive price is rising. And China uses it for its own benefit.

[ajqjjj]

This definitely has a big impact on the price of bitcoin. Look at how the news from China affect the price policy of bitcoin, the negative news bitcoin has fallen, the positive price is rising. And China uses it for its own benefit.

This thread was created in 2015 so don't create the negative thoughts of Bitcoin because every year China was banning the trading platform again China will approve the trading platform so bitcoin price is depends on current funds  and demand of the cryptocurrency.

[Twentyonepaylots]

We all are pretty familiar with the last bubble brust from the 2017 when the Bitcoins were seeing government opposition and how the market declined in price, though it recovered really fast but it made sure that China does have an impact, any investor have an impact not just China even a small investor individually no Matter how minor it is.
It could really spark up the whole thing if the news is real n if people can find a hack.

Looking back on the date you posted your question on this wall, a lot things happened, the issue on the banned on Bitcoin in China is now just a market news on the treed.  Yes, it has some impact on Bitcoin price during the time such issue were so hot and almost every investors had some second thought on crypto currency investment. Yet, the good news Bitcoin price goes down and goes up but remain stable in the market trading on crypto currency. The global acceptance on Bitcoin trading investment had increase incredibly on the market treed, some investor are coming in, and some are just waiting for the right timing.

[Lorence.xD]

We all are pretty familiar with the last bubble brust from the 2017 when the Bitcoins were seeing government opposition and how the market declined in price, though it recovered really fast but it made sure that China does have an impact, any investor have an impact not just China even a small investor individually no Matter how minor it is.
It could really spark up the whole thing if the news is real n if people can find a hack.

 Any news posted on the wall about Bitcoin may have some impact on Bitcoin price value on the trading market. But base on the market preview, the issue on banned by the china on Bitcoin digital transaction were just on the market history, Bitcoin survive when  hammered by a lot of issue like on Banned,Scammer, and Regulation upon entry of digital crypto market trading in the country, with the growing acceptance on crypto currency market trading globally, it add on the stability of the said project investment on Bitcoin, the level of awareness increase, does the confidence of investor into Bitcoin project. yes, the price value goes down and goes up but still remain stable on the market treed.