Quote from: asriloni on March 11, 2017, 02:28:09 PM

Quote from: MattScott on March 11, 2017, 12:50:04 PM

Quote from: CROYA86 on March 11, 2017, 10:07:06 AM

Quote from: debtstack on February 13, 2017, 09:46:44 PM

Now I know China has been accused of keeping the price of their fiat down, so this leads me to a question.

Why would china want to keep the price of btc at or below 1000? And I'm not asking for answers around curbing the use of it, because I don't believe they want that. I'm asking for genuine thoughts on how it would benefit china to keep the price low. What long term strategy would they have? Because we all know china doesn't just do things because they want to. They've probably had meeting after meeting on how best to optimize bitcoin for their benefit.

it seems china aims transform bitcoin collect as much at lower prices later when bitcoin already accumulated fat then they will sell at a high price
maybe it is so strategy china

Maybe China is seeking thus to save the yuan? Now the Chinese are massively buying bitcoin and it hurts the yuan.

I don't think so, because in the previous news the People bank of Chinese is trying to delaying the opening gate of the withdrawal service by the exchange site, and there are no way to buy bitcoin in my mind. But its decision really hurting the yuan.

And it seems to me that still China is trying to save the yuan. And this has been going on for several months. The economic situation is getting worse. And people are looking for salvation in buying bitcoin. The government does not like this