Why is china so influential with bitcoin prices?
Because China is so big with so many people. Being one of the largest population in the whole world, it also has a certain percentage of people who ate bitcoiners. So one move of bitcoiners will also move Bitcoin as a whole. Yes, it can somehow shaken a bit but of course will not falter. Bitcoin is unstoppable!
Ya I agree you.60 % of bitcoin investor are Chinese.If this continues means,the currency value of china will reduce and Soon Bitcoin will replace the currency using in China.This also affect their economy.By thinking all this ,china had try to ban the Bitcoin from her Country.But bad luck,they can't do that so.Now again the price of bitcoin is moves to the moon.