Quote from: Dondon1234 on February 23, 2018, 01:44:10 AM

Quote from: ahmadoo on February 20, 2018, 12:49:32 PM

Hi everyone, as it was Chinese NY on tbe last Friday I was wandering what peoples thoughts were on its possible effect if any on the market place. This holiday obviously effects a number of countries in Sth East Asia not just China; I would think that this period could potentially see a huge number of individuals cashing in for the festivities.

What are peoples thoughts on what to expect !?! could be a lowering or market cap & another / even better buy position for your Onions..

Maybe it will affect crypto, becuase i think more investors in china are to busy for their work here in crypto, so all of their assets will sell them, specially in botcoin, bitcoin now loosses again her value. But more on voluem.

The Chinese New Year has had no effect on bitcoin's price at all... Because last year China banned bitcoin and closed down all their exchanges.

I don't know why people keep talking about China - they live in a dictatorship that has capital controls and has banned bitcoin and bitcoin transactions. Even if they wanted to buy in person, they're taking a great risk, and could end up being executed for it.

China doesn't drive the bitcoin price, it's being driven by the west.