Re: It's clear now China have higher amount bitcoin

Quote from: Rahar02 on September 30, 2017, 11:42:06 PM

Quote from: Mtoo on September 18, 2017, 04:55:11 PM

In last week bitcoin price because of Chines police regarding BTC and made affect for rate so here China have higher rate it's rights or not

LoL

, the title mentioned "it's clear now" then you ask they have higher rate or not?
They have big portion of bitcoin for sure, their trading volume btc-cny always be the highest value, at least mostly.
Since, Chinese people out if business, the biggest trade currency switch to Japan yen.
China hold maybe quarter of total bitcoin in circulation, I guess, because they have the biggest mining pools, mining farms and most mining hardware such as antminer s9 produced by Chinese people.

This is the actual plan of china from the first time when we seen the price of bitcoin is getting cheap because of the news we heard before .. but looks at the china exchanges i heard that there is NEO ICO was supported by china right now that more better than ethereum that i thought all ICO will be ban but we are seeing more price increase in china exchanges. .
That is why i think op saying its clear now the purposes of china. .but actually they will not release bitcoin and ICO since this is their source of money ..