Quote from: Pursuer on December 05, 2017, 09:39:08 AM

Quote from: Blockgraham on December 05, 2017, 07:49:30 AM

Till January, 2017 China's share of bitcoin market equaled to almost 95 per cent.

there is a big difference between real market share of some country and what they report. in case of China it was clearly fake volume that they were reporting. you can not compare mostly fake numbers with normal numbers with possibility of some fake reports in them.
you can clearly see when PBoC started looking into these exchanges they immediately stopped reporting fake volumes and their stats became like any other exchange out there!

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After the government took measures the share dropped to 10-15 per cent.

no it did not drop 10-15. it dropped back to real levels, something around 80-90% drop.

True.Chinese exchanges were famous for creating fake trade volumes.More over,with zero fee trading,traders easily manipulated bitcoin price by fake buy and sell orders.it was also said that those exchanges allowed wash trading which is illegal.All these happenings came to an end when PBOC started regulating exchanges.

If china really had that huge share in bitcoin trading,then there would had been a great impact on bitcoin price when chinese exchanges were shut down.But reversely,bitcoin price started to increase high.It clearly shows that china had never had such huge volumes.

From the time PBOC cancelled zero fee trading,bitcoin market started to get free from chinese domination.But now,we could clearly say that china does not hold the lion's share in bitcoin market.