The market is manipulated by whales and governments. It means they don't ban the market. Who do ban if they can abuse the market and their ban hammers to get benefits?

Do you think governments don't involve in Bitcoin and crypto market? They can print their fiats and use them to invest in crypto market. They prepare and release governmental news to manipulate market in their favorite plans.

Do you think governments not get anything from all news and fud they do?

September 2017 - People Bank Of China "bans" crypto then market dipped before surging to a $20K ATH.

2018 to 2020 - China cracks down on exchanges, miners, and everything in between hehe.

September 2021 - China "ban" on crypto again. Sounds familiar now? Let's see if history repeats itself.

They do not really care whether they are hated by those who liquidated or crypto enthusiasts. They do what they like since they can. Let's also not forget that they are getting ready for their CBDC.

China is indeed famous for its strong economy, they will do whatever they want, in my opinion stupid people, China must have certain intentions, 2017 China banned bitcoin, 2018 it banned again, now 2021 it's doing the same thing again, even their ban on crypto is getting worse, I think they want to manipulate the market, I'm sure the Chinese government is also playing crypto, the proof is that even though the government has banned crypto in their country, crypto is mushrooming there..

as smart as a squirrel jumps once, it will surely fall too, that's the best saying for the Chinese government, even though China has everything, and has a strong economy, and can suppress other countries with its financial strength, but without him realizing it, other countries are uniting to bring down they, with China spreading hatred towards crypto currency, without him realizing he was looking for his own enemy, crypto silence does not mean he lost, but crypto is designing a strategy to fight,

A real manipulation.

Don't buy the FUD but instead, buy the market that's currently dipping and going low. Just ride what they do and you'll also be in favor if you what they do.

Get used to it.

A country of prohibitions, but China has always had such a policy and the government very tightly controls any violation, so there is high discipline, what people are told, they do. Of course, many do not like this, but I think that people have no choice, they have to do it in order to survive. Why is China restricting people's access to cryptocurrencies so much? Probably to limit their capabilities and still control them...

So we can conclude the flow of China's desire, as far as I understand is that anything that has the potential to grow the economy in a country or globally, China will face all its political forces. Not only Bitcoin, but the economic market between countries, political upheaval and social status in the eyes of the world. China just wants to disrupt that growth system as quickly as possible and indoctrinate the products they offer. Currently, not a few countries that have submitted to China and then offer Yuan as a form of their method of spreading adoption?

And here it is clear that China is a country that wants to stand above the policies of other countries, especially countries that are indebted to you.

Out of all the nasty stuff that China has been up to in the last few years, if you only turned against them because they have banned cryptocurrency then quite frankly your opinion is worth very little. It is funny to see so many people raging about this new development today when the writing has been on the wall for a long time now and the politicians in China were never going to allow a currency outside of their control operating within their borders. It actually closely ties in with the property developer with huge debts that is currently looking to go bust shortly - there are many people who will try to flee with money that is easy to transfer across borders than the Yuan, whether it is insider traders or officials who have enough to run before the authorities start chasing them.

Ok, so let's see how this ban will affect the price.

New all time high?



https://twitter.com/RayNasser123/status/1441369263613169671