Re: If Bitcoin goes past $5000, what will the Chinese government do?
1) Double down and ban anybody talking about Bitcoin, Litecoin in public areas. Offer rewards to anybody who reports a person talking about crypto in private discussion.
2) Organize a small collective of dodgy individuals to release a competing Bitcoin clone, and call it something like Bitcoin Credits, and attempt to take control of Bitcoin via the back door...
3) Throw everybody who visits coinmarketcap.com in jail.
5) Meet with world leaders to discuss this new form of financial terrorism and instigate a coordinated and sophisticated global response.
6) Get home at night and login to LocalBitcoins.com to buy Bitcoin...
When bitcoin reaches $ 5000 then things will continue to work out normally and there will be some tightening restrictions on BTC in their country.2) Organize a small collective of dodgy individuals to release a competing Bitcoin clone, and call it something like Bitcoin Credits, and attempt to take control of Bitcoin via the back door...
3) Throw everybody who visits coinmarketcap.com in jail.
5) Meet with world leaders to discuss this new form of financial terrorism and instigate a coordinated and sophisticated global response.
6) Get home at night and login to LocalBitcoins.com to buy Bitcoin...