I see many of you use China's total population to estimate its influence on bitcoin. I do not think that is wrong, it is just inaccurate. Internet coverage in China is poor, computers are scare in the rural areas. Smartphones and mobile internet is unimaginably expensive for rural income. I believe bitcoin capable devices (computers and mobile phones with internet connectivity) is low, probably less than 30% of population, and out of those 30% only a small minority have the technical literacy to use bitcoin.

The total population can be viewed as a potential influence, but I cannot imagine a high percentage of China's population can learn to use bitcoin in the near future without a major change in China's bitcoin scene. It is arguable that those who are bitcoin literate, have extremely high demand for bitcoin to compensate.

China's population is a factor, it is just inappropriate to gauge influence from the total population statistic.
(You can also read my previous comment #30 on page 2)