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Topic: China Influences Cryptos, Like It or Not! - page 3. (Read 603 times)

full member
Activity: 378
Merit: 100
October 12, 2018, 01:14:41 PM
#10
I think if some one show a good interest and do best for the bitcoin i think i must agree and appreciate them for doing this if developed country like China is welcoming bitcoin and they allow bitcoin then it is a good sign for the bitcoin to grow in the world for a countless time and not even for a new years bitcoin will be survived for life time and if the china support it it's value will not be for imagination but it will be far from it's present position and i hope that bitcoin is the one which is important and useful for everyone.
sr. member
Activity: 868
Merit: 265
★Bitvest.io★ Play Plinko or Invest!
October 12, 2018, 12:54:27 PM
#9
One of the things that I don't understand most is this Chinese issue. Everyone expects a move from the US, but most of the mining activity is being done in China. I don't know if Bitcoin could have survived without Asian countries.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 12, 2018, 12:51:56 PM
#8
If this was 2013-2015, I believe that China has a lot of influence over the crypto markets. But today, I don't think there's much weight to their existence in the crypto world except for their miners and a lot of machines coming out of their country. Control over the markets have been distributed for the past 2 years, and we have witnessed that during the ATH. Any news coming out of China has been ignored since 2015 after their on-off stance regarding bitcoin and since then, traders are ignoring anything about China.
hero member
Activity: 2870
Merit: 594
October 12, 2018, 12:38:41 PM
#7
I think the article is true, we know that China is the creator of ASIC and one of the largest users of bitcoin networks through mining. when the country starts to regulate their mining network, it will slow down the current transaction confirmation. unless many countries begin to support mining bitcoin.

I think that the only major reason that they can influence because majority of mining farms are still located in China. Japan is slowly entering the mining bitcoin business though. And Bitmain has headquarters around the globe. If China will start cracking down on Bitcoin mining, I'm sure that there's a lot of nation willing to take the lead.
hero member
Activity: 994
Merit: 504
October 12, 2018, 12:34:24 PM
#6
China Influences Cryptos, Like It or Not!

Researchers from Princeton University and Florida International University are showing a new picture of Bitcoin’s misty world. Ben Kaiser, Mireya Jurado, and Alex Ledger teamed up to analyze the Chinese influence on cryptocurrency’s poster child — Bitcoin. The Asian socialist regime, which extensively monitors its Internet and has remained relatively negative on the scope of […]China Influences Cryptos, Like It or Not! …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33175/china-influences-cryptos-not

Yes, as china has the world's most populated country and many people there want to compete in terms of money. China also wants to get ahead of everyone since they want power.
hero member
Activity: 2184
Merit: 531
October 12, 2018, 12:15:34 PM
#5
How can a country that banned Bitcoin and Bitcoin mining be influencing it?

Read through the article,but sadly it makes little sense as there was nothing as close to a concrete reason to believe that China controls Or influences the bitcoin,probably maybe when something more solid on this is brought forward we would be obliged to discuss on it.

I agree. The only way a country can influence something is through regulation. China managed to cut itself from it and made all businesses and exchanges leave the country.
jr. member
Activity: 322
Merit: 2
October 12, 2018, 12:03:09 PM
#4
Going by the huge population of China, they are supposed to have a huge influence on cryptocurrency. But when you look at the actual key countries in cryptocurrency in terms of acceptance and dominance, the Chinese are no where near the Koreans and the Japanese.
sr. member
Activity: 957
Merit: 278
Vave.com - Crypto Casino
October 12, 2018, 11:58:52 AM
#3
I think the article is true, we know that China is the creator of ASIC and one of the largest users of bitcoin networks through mining. when the country starts to regulate their mining network, it will slow down the current transaction confirmation. unless many countries begin to support mining bitcoin.
jr. member
Activity: 98
Merit: 2
October 12, 2018, 11:50:28 AM
#2
Read through the article,but sadly it makes little sense as there was nothing as close to a concrete reason to believe that China controls Or influences the bitcoin,probably maybe when something more solid on this is brought forward we would be obliged to discuss on it.

But for now it's not just worth it

What a shrewd plan to place a ban on cryptocurrency related activities and still influence it under disguise Huh Huh
copper member
Activity: 172
Merit: 7
October 12, 2018, 11:41:46 AM
#1
China Influences Cryptos, Like It or Not!

Researchers from Princeton University and Florida International University are showing a new picture of Bitcoin’s misty world. Ben Kaiser, Mireya Jurado, and Alex Ledger teamed up to analyze the Chinese influence on cryptocurrency’s poster child — Bitcoin. The Asian socialist regime, which extensively monitors its Internet and has remained relatively negative on the scope of […]China Influences Cryptos, Like It or Not! …

Read more: https://www.trackcoinmarket.com/en/crypto-news/33175/china-influences-cryptos-not
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