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...
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...
China going to accept the truth that they cannot manipulate bitcoin after the series failed attempts that they have done after that, they will buy a huge percentage of bitcoin and start to hoard to recover their lost OR they will just going to declare economic war on all Asian nations that are adopting bitcoin because they are not done yet.