Quote from: Sithara007 on October 01, 2019, 04:02:24 AM

Quote from: romero121 on September 30, 2019, 05:05:21 PM

An initial opposition to the extradition bill started as a fight and the same has now turned to be a movement of opposition against the communist rule. 1st of October gets celebrated as China's National day, and this time how good the celebrations could be. It has been facing hard criticism from countries around the globe. Hong Kong on the other side keeps on gaining more and more support.

The protest has been taking place for months, and most of the protesters here were under the age of thirty. They keep themselves with perfect preparation to stand against the ruling. Now China has been experiencing pressure from various sides, very importantly it has been facing problems from human rights and finance. To end this is not possible in the short, and as there is financial burst it might affect the cryptocurrency to a very small level.

Media reports from Western channels such as CNBC, CNN and BBC can be biased. What I have observed is that although the protesters remain very vocal and aggressive, there is a large section of the Hong Kong population that wants to maintain good relations with China. And another point to be noted here is that despite all the provocations by the protesters and damage to the public property, till now the cops have not acted in a harsh manner, which is very uncommon for an authoritarian state such as China. That said, I don't think that this ongoing crisis will have a large impact on the cryptocurrency prices. Hong Kong trade volumes are low, when compared to countries such as Japan and South Korea.

Not only they can be biased. They ARE BIASED and most of them are straight up leftists. But besides this digression I don't think that conflicts in china can significantly help bitcoin