Some reports telling that china government's place is second in holding Bitcoin. But we're seeing that china is always publishing negative news about crypto currency / Bitcoin. They've published noticr about banning Bitcoin in a several times.
Ref:
https://www.kevinrooke.com/bitcoin.
What do you think about this? How are you taking this ban?
are you a chinese ? if not then why care about their banning? i don't know what is your main objective here but it seems that China had banned Bitcoin slowly for long time , first Mining and now totally Bitcoin.Ref:
https://www.kevinrooke.com/bitcoin.
What do you think about this? How are you taking this ban?
I don't know what China government wants, but with spreading negative news we know they don't support the growth of Bitcoin. If China government owns a big number of Bitcoin, doesn't mean they like Bitcoin. Those Bitcoin probably got from criminals or taxes from Bitcoin users in China. They may not sell the Bitcoin to the market, just keep the Bitcoin on the wallets.
they holding Bitcoin because of the opportunity to profit but now that they have their own currency then leaving bitcoin and pushing their Own is what they are doing.