Quote from: goaldigger on June 17, 2019, 05:23:26 AM

We all know that China doesnt want to be involved on cryptocurrency for some reasons but after whats happening to China and Hong Kong, it seems like bitcoin would be the main option.

The two countries are currently under stress because People in Hong Kong vehemently oppose a proposed bill, which would give authorities the power to deport those suspected of crimes to mainland China.

Hong Kong people obviously engaged in a rally for them to change the leader's mind. With this, the people, most specially rich ones wanted to withdraw all their money in China or makes it anonymous that's why they are eyeing on bitcoin as the main option for transferring of wealth.

We dont want to have this kind of war between people or countries. Even though it will be a good way of boosting bitcoin, i hope it will not end in that way and resolve the problem of both countries. Its still not safe there till now. Lets pray for the people's safety.

Here's the full article
https://bitcoinist.com/hong-kong-protest-china-bitcoin-assets-offshore/

Hong Kong and Chinese people only buy more BTC when the value of fiat money is reduced due to political and economic war. But currently the value of Chinese currency and Hong Kong has not had a sharp decline recently.
They will not use all the money to buy BTC and we should not expect many people to buy BTC when they do not have knowledge.
We should expect real investors to enter the crypto market because they themselves will understand and not sell off whales if manipulation occurs.