Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on May 01, 2020, 08:51:26 AM

Title: CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic
Post by: sirty143 on May 01, 2020, 08:51:26 AM

CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic

(https://i.imgur.com/PLSUIZsl.jpg)

CoinMarketCap’s traffic decrease from China coincided with similar action on leading Chinese cryptocurrency exchanges... See more for yourself here (https://cointelegraph.com/news/coinmarketcap-sees-fewer-chinese-users-amid-coronavirus-pandemic).

Your opinion is greatly appreciated.

Title: Re: CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic
Post by: garexjangan on May 01, 2020, 09:56:25 AM

its truly bad news, but China Data can still argumentable cause their goverment banned access from outside, users from China mostly using VPN to access website from outside country, and many crypto company is based in hongkong not in mainland

Title: Re: CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic
Post by: bigcash2011 on May 02, 2020, 02:11:28 AM

I think Chinese people are one of the largest proxy users that is what is hiding the real stats and this is because they have multiple restrictions and censorships both from federal and local governments so people have no option other than using proxies.