It was 100% naive to think that Bitcoin would have been allowed to operate in China in the first place.
Their government is Communist. It's centralized hell over there.
Fixed that for you.
stupid or not, price going down, im not worried, will wait
Me, too. Back when I purchased my first few BTC, I had to wait months to see the value do anything but go down.
Believe me when I say my patience and discipline paid off.
Over all the POBOC makes china-people poor people. PBOC right now destrois the wealth of chinese citizens and on top of it criminalizing those that will not bow down to the misery. From the peoples standpoint it is the worst. Many honest chinese people are ruined by that zombi-bank
Absolutely correct, and the political ramifications (rage of millions of Chinese who lost out on all that wealth) in China when BTC returns to 1,000 will tear that country in half. Watch.
China was
already overdue for a revolution, this will almost certainly be the straw that breaks the camel's back. Once the people realize how badly they got fucked by their own obedience to tyrants and fools...
God help them.