China currency issues and the communist government has made bitcoin in China the most used back alley way to get money out and not be detected by the government.
This move will be retraced and very dramatically if the Chinese government calms the situation down..as you saw today it got crushed when the Chinese government took some action to slow the decline of the Yuan.
Follow China and you will see direct correlation to Bitcoin.
China currency issues and the communist government has made bitcoin in China the most used back alley way to get money out and not be detected by the government.
This move will be retraced and very dramatically if the Chinese government calms the situation down..as you saw today it got crushed when the Chinese government took some action to slow the decline of the Yuan.
Follow China and you will see direct correlation to Bitcoin.