Quote from: Ryker1 on Today at 09:50:29 PM

Quote from: Greatest2020 on October 10, 2021, 06:33:52 AM

Considering the fact that China keeps fighting to make sure they totally ban anything that has to do with Crypto (Bitcoin), we now notice that these days, their announcements now has less negative effect on Bitcoin, I.e Bitcoin don't fall careless again because of news from China like before.

But yet, investors and Bitcoin enthusiasts like me are beginning to worry if on the long run, China's ban can have a lasting drastic effect on Bitcoin or not.?

Well, I have been here and witnessed banning on China last year and that is all about rejection. But why until now bitcoin has been increased too much and it seems the FUD did not have a big effect. Because perhaps this is not new at all, they have been here trying to keep banning bitcoin and crypto, and later on, they will lift it. What's wrong with them? Are they a part of a whale trying to manipulate the price of bitcoin.
Even though China was keep doing this but look at the price, it always has a full surprise that the price will always increase even though there is too much negative news but bitcoin was increase the price.

Bitcoin has already learned not to rely on China alone since we all know that a lot of bigger institutions and different countries now have been behind bitcoin and supporting it so there's no way China can manipulate easily the price of bitcoin. China is like a big whale really that keeps manipulating bitcoin and the crypto market, but never succeeded in the end. And after that, bitcoin is now even more bullish today, its like there's no recent banning at all. Maybe after the recent banned, China had felt that its no longer affecting bitcoin and crypto market so they might as well thinking another ban later on that will create a big impact in the market.