Quote from: Masyudhi on Today at 01:23:38 PM

Quote from: Banulit on Today at 01:11:25 PM

I have seen this same scenario last bull market when bitcoin reach new ATH at aroun 20k$ china create news and FUDs regarding banning or cryptocurrencies and mining on their country but it turns out it is just a way to manipulate the market to store plenty of cryptos then create once again FOMO news.

is it a scenario devised by the Chinese government to manipulate the crypto market?
Or maybe it's the Chinese government that doesn't like how the investment shifts in their country?
I don't care if it's FUD or FOMO being popularized. but it is troubling a lot of people in the crypto market.

I doubt that unless they are holding bitcoin and continuously accumulating by buying at the dip. I don't really think so because if the government holds bitcoin they will support bitcoin by making it legal or maybe a legal currency like El Salvador did. China is always against bitcoin and related transactions, now they ban the whole crypto market, so it's a serious statement that they don't like decentralization.