a few items, for your illumination ...
(1) nonsensical to use year-to-date data w/r to bitcoin and china, since china before sept and after september encompass a discontinuity of legal vs illegal bitcoin exchange trading
(2) since september, china as largest bit coin miner is of course a large peer-to-peer trader of bitcoins, for distribution purposes, and ultimately seeing the coins distributed to whoever outside of china, but in the mean time minting new middle class as a btw in china
(3) bit coins traded peer-to-peer mere distributes risk and spreads value, until not
(4) the mines make money irrespective of where the output goes as long as the outputs go somewhere
(5) the walk-up of value generates interim profit and lessens risks for the off-loader
(6) what you, one who is apparently challenged in math, logic and history, need to do is take a peek at the relative magnitude of exchange traded bitcoins amongst the various domains, and relative to peer-to-peer trading, instead of data-picking that makes no sense whatever. i mean, seriously, do i have to try to teach you everything?
(7) here, cryptocompare.com china trades less bitcoins than brazil, therefore should china crater due to bitcoin bust, where do you suppose that doubtlessly delicious event would leave brazil - charcoaled ?
(8) as in all dialogue, it would be much more interesting if ones counter-party can do a modicum of research before mouthing.
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