The sun is setting on China's day basking in the bitcoin sun ... that's not a bad thing either, some of them there were getting quite nutty and power-crazed.
Remember the major mining farms are still in china and it is true that there is a slight hiccup with the recent involvement of the government and they have frozen the accounts so that you are not able to withdraw your coins and so is the reason people are moving away from Chinese exchanges.
Topic: Is CHINA CONTROLLING Bitcoin? - page 18. (Read 92666 times)
China in my opinion can control bitcoin's price, since if all their miners sell at the same time, it would cause a very big dump on bitcoin's price. For now, I think those miners are independent and not controlled by the government. Hope that China won't plan to control bitcoin's price just yet. If they do, they will just need to order their miners and bitcoin users to sell all of their bitcoins at the same time or by banning bitcoin causing the miners to sell at the same time
Metaphorically speaking, we have already been there
The Chinese authorities have already effectively banned Bitcoin from trading in China. Now we see runaway prices going straight to the moon. Even if they make the Chinese miners sell all their stashed bitcoins somehow (provided there are any in the first place), that could only make the prices crash momentarily, and we will see buying wall rising to the sky covering the sun itself. Obviously, the Chinese government is not so much interested in controlling Bitcoin prices as driving Bitcoin out of the country altogether
China in my opinion can control bitcoin's price, since if all their miners sell at the same time, it would cause a very big dump on bitcoin's price. For now, I think those miners are independent and not controlled by the government. Hope that China won't plan to control bitcoin's price just yet. If they do, they will just need to order their miners and bitcoin users to sell all of their bitcoins at the same time or by banning bitcoin causing the miners to sell at the same time.
The sun is setting on China's day basking in the bitcoin sun ... that's not a bad thing either, some of them there were getting quite nutty and power-crazed.
Remember the major mining farms are still in china and it is true that there is a slight hiccup with the recent involvement of the government and they have frozen the accounts so that you are not able to withdraw your coins and so is the reason people are moving away from Chinese exchanges. 
Chinese miners are divided into 3 or 4 camps, they are not united, nothing to worry about.
It is indeed true, it could also give a bad impact for miners or the owner of the bitcoin another. Because there is nothing to know that secretly they work together and want to get a bigger profit from those outside of China. Although china is a great country, but sometimes there are some people who have the ambition to earn a bigger profit than those who have only little bitcoin. Just be patient and see the best results in the future, for now it's the price of the bitcoin has started a fun and profitable
China POC had a few words with the Chinese Exchanges
And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright.
That was your thinking isn't it? Because the PBOC conversation with the Chinese bitcoin exchange bring alot of negative change in the price of bitcoin just in 3minutes after the outcome of their meeting linked out. There was alot of panic sell of bitcoin and alot of bitcoin investors start to sell their investment. Could you remember the number of await to confirm blockchain transaction back then was around 20 thousand plus?And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright.
The sun is setting on China's day basking in the bitcoin sun ... that's not a bad thing either, some of them there were getting quite nutty and power-crazed.
According to my view, China does not control Bitcoin. I think so. Bitcoin is not under the control of any government or organization. I should emphasize this because it is the nature of Bitcoin. It was created by modern technology, and totally freedom for everyone. But China also has a certain influence to Bitcoin. Price of Bitcoin volatility is sometimes also partly due to the influence of China. This is understandable because China is a vast country and rich, with a lot of miners and the price they pay for the miners is also quite high. Besides, almost all people know to Bitcoin. China does not fully control Bitcoin, it only affects certain to Bitcoin
yes tha is right, although then umber of bitcoin users may be more in China still we even do not know about that but if they are inf ct more still they cannot control bitcoin because bitcoin is a universal currency and is not under control of a single person or a state. or ever not under the control of a group of people.
According to my view, China does not control Bitcoin. I think so. Bitcoin is not under the control of any government or organization. I should emphasize this because it is the nature of Bitcoin. It was created by modern technology, and totally freedom for everyone. But China also has a certain influence to Bitcoin. Price of Bitcoin volatility is sometimes also partly due to the influence of China. This is understandable because China is a vast country and rich, with a lot of miners and the price they pay for the miners is also quite high. Besides, almost all people know to Bitcoin. China does not fully control Bitcoin, it only affects certain to Bitcoin
I dont think china controlling it.But in china there is so big bitcoin activity especially on mining also china has the biggest bitcoin stok so china is important part on bitcoin world as big player
China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
have you been sleeping for the past month?
the Chinese exchange market is down, it is closed and has zero users right now and as you can see bitcoin price is going up much faster than before.
But if the PBOC of China did not conduct and investigation on Chinese Exchangers they will still continue to post fake volumes and manipulate the market price of bitcoin. Its all thanks to PBOC inspection and investigation that those evil schemes was stopped and a new set of regulations were placed so as to provide the users with proper and exact price movement of bitcoin.
China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
have you been sleeping for the past month?
the Chinese exchange market is down, it is closed and has zero users right now and as you can see bitcoin price is going up much faster than before.
But if the PBOC of China did not conduct and investigation on Chinese Exchangers they will still continue to post fake volumes and manipulate the market price of bitcoin. Its all thanks to PBOC inspection and investigation that those evil schemes was stopped and a new set of regulations were placed so as to provide the users with proper and exact price movement of bitcoin.
People here have claimed that Bitcoin is in fact controlled and ruled by China, as mining is centralized by Chinese mining institutions.
Do you think that China is controlling/ruling bitcoin yes or no?
No one is controlling,manipulating and what so ever stuffs you called it.No one rulled it except for bitcoin network and developers itself.They say that china controls it because of huge traffics and transactions coming from an chinese ip address and chinese wallet address.No one is reallly controling itDo you think that China is controlling/ruling bitcoin yes or no?
China POC had a few words with the Chinese Exchanges
And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright.
And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright.
As for me I don't think that who controlled bit coin is the matter. But what we need is that all the countries of the world to accept bit coin. The world must know the important of bit coin.
No if you controlling the price is important because bitcoin won't be a decentralised currency if someone is controlling the price. Of course if many countries start accepting bitcoins it will be better , but if the price is been controlled soon bitcoin can end up like gold and it will no longer remain profitable. 
The big miners are present at China they are able to manage and affect bitcoin price
The big miners at first are entrepreneurs and for that reason they are loving the profit. This means that if the cost of electricity in China grows is likely to mining pools to migrate to other countries. On the other hand, China also wants profit from taxes and employment of their workforce. So there is no reason to turn away business from China. Anything wants China to do she can easily do when impose strict policies to the big Chinese exchanges like as she already have done in order to defend the yuan. Bitcoin is a universal currency and has nothing to do with any country in the world.
China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
but slow down further in the future the number of users will continue to decrease because mining was a sure thing happened. so in the next few years China will no longer give much effect on bitcoin 
As for me I don't think that who controlled bit coin is the matter. But what we need is that all the countries of the world to accept bit coin. The world must know the important of bit coin.
no i do not think so that anyone is controlling bitcoin, i think there is no doubt about this that most of the users of bitcoin are from china and even most of he miners are also from china but it does not mean that China is controlling Bitcoins.
well, kind of yes, simply because they control big bitcoin mining datacenters and since their Internet speed is slow, causes huge lags in Blockchain transactions. 
Jump to: