Actually i'm start thinking about that since yesterday, because yesterday when the price of bitcoin decrease, China bitcoin market like Huobi is the first one that make bitcoin's price fall down. Because of that i'm thinking that China have a big affect into bitcoin and the price too. I don't know is it right or not, but it's my opinion.
Yes I agree with you, most of bitcoin is traded using chinese yuan. China has really big domination of bitcoin. But I am sure that it will not forever. Becouse big country lime USA, Russia and Japan is try to be big player of bitcoin too.
china always leading nowadays , no matter in what kind field
so does in bitcoin world too , they are always be the first do anything without fear
they mining bitcoin with whatever risk in there since first time bitcoin invented
and now they just have to collect it all , the risk is paid
and the market is really played by chinese , not USA not european.
Bravo. We have to hand it to China. They always beat my expectations. For sometime (or a moment at least) I was hoping either Americans or Europeans will take the lead but It doesn't seem to happen anytime soon
Even If It'll happen, Not sure It'll be soon.