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Topic: Is CHINA CONTROLLING Bitcoin? - page 32. (Read 92645 times)

sr. member
Activity: 406
Merit: 250
January 06, 2017, 07:43:57 AM
China gave a warning, and price collapsed. Pretty effective verbal control.

https://bitcointalksearch.org/topic/chinese-authorities-warn-about-the-risk-of-speculating-on-btc-1741542
hero member
Activity: 672
Merit: 500
January 06, 2017, 03:34:37 AM
controls only one who has the most money, and then as long as China has invested more than anyone else, and most of all volumes
Yeah, and I'm pretty sure, it's all our perception that china is controlling but in reality we do not know who really is controlling bitcoins. We have to play the game as it is, it's anonymous so we have no clue at all.

China not really controlling bitcoin in reality but china lead and handle almost 51 % bitcoin mining pool. The majority of mining from many big companies from China. May be it is become one of why many people said that china is controlling bitcoin
sr. member
Activity: 476
Merit: 250
January 06, 2017, 02:16:21 AM
Yes it was controlling it for a big part but right now it is not anymore because of the nice fact that  its less more mine-able these days..
china famous for its many bitcoin miners who are in their country. so it affect the price of bitcoin? but the more days bitcoin miner will decrease dude, so calm down. yeah you know halving also affect their income.
hero member
Activity: 686
Merit: 500
January 06, 2017, 01:48:52 AM
Yes they do it,  and if you do not believe just check the price and volumes of today, Besides the control of the mining by them is quite obvious.
do you think of high prices and high volume today is a manipulation by the adder of china? I think this is the demand of interested users to continue to buy because they see prices continue to rise?
It is not so easy to manipulate the price of bitcoin, and the current increase of the price of bitcoin is that someone or a state is manipulate the price, in fact the present increase is  because of the increasing demand for bitcoin. If one country people are buying bitcoin in more volume does not mean that they are manipulating.
hero member
Activity: 644
Merit: 501
January 05, 2017, 11:41:02 PM
controls only one who has the most money, and then as long as China has invested more than anyone else, and most of all volumes

Well yes, China has a lot of entrepreneurs and a lot of the earliest bitcoiners are also from China. I think that it is safe to say that the Chinese like to gamble and invest. They like to make money with money, that's why they are dipping their feet in bitcoin.

I don't necessarily think that they are controlling bitcoin though. Maybe the price, and they do own a lot of the hash rate but they haven't formed an alliance as a monopoly.
sr. member
Activity: 378
Merit: 250
BULL RUN until 2030
January 05, 2017, 10:40:50 PM
controls only one who has the most money, and then as long as China has invested more than anyone else, and most of all volumes
Yeah, and I'm pretty sure, it's all our perception that china is controlling but in reality we do not know who really is controlling bitcoins. We have to play the game as it is, it's anonymous so we have no clue at all.
sr. member
Activity: 434
Merit: 250
January 05, 2017, 10:06:42 PM
controls only one who has the most money, and then as long as China has invested more than anyone else, and most of all volumes
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
January 05, 2017, 07:53:32 PM
51% By Official been in Master and in the Lead by Company derived from China. China can lead because geolocations of encouragement. China has a region size and high plains has some cool weather mouth (Cold).

Cold distinguished location. Suitable for cost saving cooling fan server computer engineering from danger overheated. So the price can compete. In add to labor, employee or labor in china famous-cost offers. So many people Across the World Miners buying services from China.

So it is possible that China controls Bitcoin.
Is only possible that China controls bitcoin. China does control bitcoin. An example, despite the fact China close for New Year holiday, China was the first country where the price of bitcoin first reach $1000 per bitcoin before the year end, so they're creating some kind of rally to look verywell.
I don't think controlling the price is what OP means, he means that they control the Bitcoin network because they own the majority of the hashpower. But I do agree that the Chinese are probably number one reason for the price rally we just had.
Not for controlling the price but have a big influence on the price of bitcoin. With the majority of hash power and a lot of volumes makes the Chinese being possible giving big influence on the bitcoin price.
Chinese has had quite a role in bitcoin.
But there are many Chinese companies have pumped a lot of money into mining which brings us to think that china is controlling it.

You can spend some of your time to read a little article or news on the internet.
Usually, the Chinese exchange still is the leader for pumping the price of bitcoin. This trend has got started and it will be adopting by the other exchange site in the other seas.
just once fact about the Chinese influence on bitcoin.
member
Activity: 81
Merit: 10
January 05, 2017, 04:56:51 PM
Yes it was controlling it for a big part but right now it is not anymore because of the nice fact that  its less more mine-able these days..
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
January 05, 2017, 04:24:23 PM
No doubt again if china is the largest bitcoin mining country in the world, I think it is reasonable to be able to control bitcoin. I believe bitcoin rise at the beginning of this year due to the Chinese New Year. many people make bitcoin as a gift in china so that demand continues to rise and the prices are so high. This trend Will continues until last month.
I disagree on this, yes before i have a thoughts like that, but after the price touched $ 1000 it is clear that China can't withstand an increased the prices.
hero member
Activity: 1834
Merit: 566
January 05, 2017, 03:26:37 PM
51% By Official been in Master and in the Lead by Company derived from China. China can lead because geolocations of encouragement. China has a region size and high plains has some cool weather mouth (Cold).

Cold distinguished location. Suitable for cost saving cooling fan server computer engineering from danger overheated. So the price can compete. In add to labor, employee or labor in china famous-cost offers. So many people Across the World Miners buying services from China.

So it is possible that China controls Bitcoin.
Is only possible that China controls bitcoin. China does control bitcoin. An example, despite the fact China close for New Year holiday, China was the first country where the price of bitcoin first reach $1000 per bitcoin before the year end, so they're creating some kind of rally to look verywell.
I don't think controlling the price is what OP means, he means that they control the Bitcoin network because they own the majority of the hashpower. But I do agree that the Chinese are probably number one reason for the price rally we just had.
Not for controlling the price but have a big influence on the price of bitcoin. With the majority of hash power and a lot of volumes makes the Chinese being possible giving big influence on the bitcoin price.
Chinese has had quite a role in bitcoin.
Bitcoin has become a huge industry.
It has attracted major investments from all around the world, yet Bitcoin is a new kind of digital money and an unusual financial network, it is having something of an identity crisis, in the early days, bitcoin existed beyond the control of any government or country.

But there are many Chinese companies have pumped a lot of money into mining which brings us to think that china is controlling it.
Through my findings and examining. China does dominates both bitcoin mining and trading not to talk of mining requirement(software). Infact, bitcoin power in China continues to raise.
hero member
Activity: 938
Merit: 500
January 05, 2017, 02:48:53 PM
There is no way to say which person does have more power at bitcoin, Nakamoto has several coins that he can use anytime and impact the value of bitcoin anytime, sure nowadays chinese are the bag holders along some big investors besides exchanges that has huge power at bitcoin, not control but big power, some whale or person has just dump bitcoin and it lost 300 dollars in seconds, this is what some people does like to buy cheap coins, something werent going to happen for a long period.
legendary
Activity: 1176
Merit: 1024
January 05, 2017, 02:28:41 PM
In my view, China controls bitcoin price.
Anyone with large capital will be able to control the price of bitcoin or any stock or even gold. Maybe miners and investors from China are in more numbers and bitcoin is in fact not under the control of them nor any group of people, it is free of authorities and will remain same forever.
full member
Activity: 151
Merit: 100
January 05, 2017, 01:30:38 PM
As things stand china is doing the most mining and the seem to be doing most of the buying as well probably the reason for the rapid price rise.

The recent pump and dump are led by the Chinese.
hero member
Activity: 686
Merit: 521
January 05, 2017, 05:52:47 AM
As things stand china is doing the most mining and the seem to be doing most of the buying as well probably the reason for the rapid price rise.
hero member
Activity: 686
Merit: 500
January 05, 2017, 05:23:24 AM
51% By Official been in Master and in the Lead by Company derived from China. China can lead because geolocations of encouragement. China has a region size and high plains has some cool weather mouth (Cold).

Cold distinguished location. Suitable for cost saving cooling fan server computer engineering from danger overheated. So the price can compete. In add to labor, employee or labor in china famous-cost offers. So many people Across the World Miners buying services from China.

So it is possible that China controls Bitcoin.
Is only possible that China controls bitcoin. China does control bitcoin. An example, despite the fact China close for New Year holiday, China was the first country where the price of bitcoin first reach $1000 per bitcoin before the year end, so they're creating some kind of rally to look verywell.
I don't think controlling the price is what OP means, he means that they control the Bitcoin network because they own the majority of the hashpower. But I do agree that the Chinese are probably number one reason for the price rally we just had.
Not for controlling the price but have a big influence on the price of bitcoin. With the majority of hash power and a lot of volumes makes the Chinese being possible giving big influence on the bitcoin price.
Chinese has had quite a role in bitcoin.
Bitcoin has become a huge industry.
It has attracted major investments from all around the world, yet Bitcoin is a new kind of digital money and an unusual financial network, it is having something of an identity crisis, in the early days, bitcoin existed beyond the control of any government or country.

But there are many Chinese companies have pumped a lot of money into mining which brings us to think that china is controlling it.
sr. member
Activity: 255
Merit: 250
January 05, 2017, 01:06:41 AM
In my view, China controls bitcoin price. As we have detailed numerous times recently, the recent move in Bitcoin has been strongly suggesting increasing fears of capital controls and or expectations of a looming (and quite notable) devaluation of the Yuan against the US Dollar. we saw China's largest nationalist tabloid suggesting that China should consider one-off yuan devaluation to keep the currency stable at equilibrium level. Offshore Yuan is tumbling to new record lows.
full member
Activity: 238
Merit: 100
January 05, 2017, 12:49:36 AM
China may have most bitcoin users, it is possibly because people there want to hide their money and move the money outside the country. But they can never control the bitcoin, it is a freely traded token. Like gold, no one can really control the gold.
Yes I think so, even though the user bitcoin china is the biggest but they are not dominant. Users from outside china if combined more so that whatever happens with china will not much influence with bitcoin.
hero member
Activity: 551
Merit: 500
January 05, 2017, 12:45:10 AM
China may have most bitcoin users, it is possibly because people there want to hide their money and move the money outside the country. But they can never control the bitcoin, it is a freely traded token. Like gold, no one can really control the gold.
legendary
Activity: 3234
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
January 05, 2017, 12:04:26 AM
51% By Official been in Master and in the Lead by Company derived from China. China can lead because geolocations of encouragement. China has a region size and high plains has some cool weather mouth (Cold).

Cold distinguished location. Suitable for cost saving cooling fan server computer engineering from danger overheated. So the price can compete. In add to labor, employee or labor in china famous-cost offers. So many people Across the World Miners buying services from China.

So it is possible that China controls Bitcoin.
Is only possible that China controls bitcoin. China does control bitcoin. An example, despite the fact China close for New Year holiday, China was the first country where the price of bitcoin first reach $1000 per bitcoin before the year end, so they're creating some kind of rally to look verywell.
I don't think controlling the price is what OP means, he means that they control the Bitcoin network because they own the majority of the hashpower. But I do agree that the Chinese are probably number one reason for the price rally we just had.
Not for controlling the price but have a big influence on the price of bitcoin. With the majority of hash power and a lot of volumes makes the Chinese being possible giving big influence on the bitcoin price.
Chinese has had quite a role in bitcoin.
Thanks mate and it good to see someone tht knew what's going on in the bitcoin world. Don't why people can't understand that this Chinese people has a lot of influence in both the price and mining of bitcoin.
This is an evidence.

All of the prices have dominated by the Chinese exchange.

https://bitcoinwisdom.com/markets/huobi/btccny

I don't need to throw anymore about it. Just see the price of bitcoin especially the Chinese market still be a leader for all. 
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