China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
have you been sleeping for the past month?
the Chinese exchange market is down, it is closed and has zero users right now and as you can see bitcoin price is going up much faster than before.
Well, after china exchange market is down, I think china is not so influential in the world of bitcoin. Well, I think that when exchanger china down, into a bitcoin prices plummeted, however, it did not happen. I think China is not in control strong again today.
When the volumes in Chinese exchange reduced because of their new rules and implementation people started forgetting that fact that people were crying out loud that China was controlling the coin,now people will find a new high volume exchange and start complaining that country for controlling the coin.