Quote from: onnz423 on January 29, 2018, 11:34:28 AM

China isn't ALWAYS bad news for bitcoin, much of bitcoin's early explosion in growth was due to the miner boom in China. Currently, China holds the lead for the most hashing power, because of this, they always hold a lot of sway in the value of bitcoin, and the level of fees required for transactions to be confirmed quickly. Recently, news about China's changing crypto regulations caused a small crash in the BTC price, due to misinformation, as nobody mentioned a ban, and yet panic still ensues.

Agreed. China is not always bad news for crypto world. As far as I observe they are just trying to manipulate the market. they are releasing some news to support the market to increase the prices and some news to decrease prices. Clear manipulation.