Topic: Is CHINA CONTROLLING Bitcoin? - page 34. (Read 92645 times)
Maybe yes they have the most amount of both miners and bitcoin
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.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.
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. 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.
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.
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.
In theory it could be, China owns most of the hashrate. If the Chinese government contacts those miners they could in theory control bitcoin. It's not going to happen though, I think most of those Chinese miners are just people who barely even know what bitcoin is and don't really care about it, they just want to make money.
i don't think so if you are a miners you know what bitcoin is, those chinese know how bitcoin work otherwise you can not explain why they refused 2MB and segwit int he first place
China has always been technological advanced than the others. You mad because they knew to get in on mining early the the rest of the idiots. If its a competition and real threat. Those billionaires who are worried should invest into some mining power farms.
No one is mad at Chinese here, maybe somebody is mad at their greediness but you are right there. They know that bitcoin is something to be good in the future so they invested into mining and they are already harvesting now the profit that they got from trusting into bitcoin way back from its earlier days and it's all worth it and people in China who are into bitcoins are now one of millionaires/billionaires because of it.
Bitcoin's market cap is $16.000.000.000 at the moment, so being a billionaire from Bitcoin mining isn't that possible at this moment. There are maybe millionaires, but not billionaires. China is growing very fast and Bitcoin is spreading around even faster in their country. If Europe did the same, Bitcoin's price would have been tens of thousands right now, but at the same time Brussels would have done something about it (against us) until now.
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?Btc was over $1000 once in the last of 2013 and since then the demand should have increased considerably but seeing of this way, the price remains the same, such as it was on a time point three years ago, So if we base its price on the demand due to interested users mainly we would conclude that in these three years demand has remained the same, which would not be very right, and there we realize that if the price is the same in that period and demand has increased as it is logical to think, then we realize that the price is controlled in one way or another so that it will hardly fall so low nor rise sharply so high at least in those periods of time.
China has always been technological advanced than the others. You mad because they knew to get in on mining early the the rest of the idiots. If its a competition and real threat. Those billionaires who are worried should invest into some mining power farms.
No one is mad at Chinese here, maybe somebody is mad at their greediness but you are right there. They know that bitcoin is something to be good in the future so they invested into mining and they are already harvesting now the profit that they got from trusting into bitcoin way back from its earlier days and it's all worth it and people in China who are into bitcoins are now one of millionaires/billionaires because of it.
51% attack
http://www.coindesk.com/51-attacks-real-threat-bitcoin/
Combined the Chinese Mining Pools have ~67% .
The 51% attack isn't too big of a real threat depending on who you ask, the link you provided even gave solid reasoning behind why it alone is not a real threat. http://www.coindesk.com/51-attacks-real-threat-bitcoin/
Combined the Chinese Mining Pools have ~67% .
http://www.coindesk.com/china-miners-big-blocks/
* By Miners, he meant the Chinese Miners.
FYI:
No probably about it with ~67% hash rate combined they can 51% attack it without breaking a sweat.
If you think the Chinese are dumb enough to have over 51% hash show up on 1 mining pool,
Please realize they are Smarter than that, by keeping their massive control of BTC separated by a Pie Chart,
all of the BTC Shrills will argue they don't have 51% , which is BS, because combined they do.
BTC or Chinese Yuan, same thing China controls both.
All of you that are blind to this, should read the art of war, it is their playbook for War & Business.
http://www.chinabusinessleadership.com/2013/09/05/is-using-the-art-of-war-for-doing-business-in-china-a-good-concept/
Quote
It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
Quote
Huang's most notable comments addressed the issue of scaling, or how the bitcoin blockchain might be upgraded for more transactions.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
* By Miners, he meant the Chinese Miners.
FYI:
No probably about it with ~67% hash rate combined they can 51% attack it without breaking a sweat.
If you think the Chinese are dumb enough to have over 51% hash show up on 1 mining pool,
Please realize they are Smarter than that, by keeping their massive control of BTC separated by a Pie Chart,
all of the BTC Shrills will argue they don't have 51% , which is BS, because combined they do.
BTC or Chinese Yuan, same thing China controls both.
All of you that are blind to this, should read the art of war, it is their playbook for War & Business.
http://www.chinabusinessleadership.com/2013/09/05/is-using-the-art-of-war-for-doing-business-in-china-a-good-concept/
Quote
Small Business principles from a war manual is really what China is like.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
http://www.coindesk.com/51-attacks-real-threat-bitcoin/
China has always been technological advanced than the others. You mad because they knew to get in on mining early the the rest of the idiots. If its a competition and real threat. Those billionaires who are worried should invest into some mining power farms.
There is no singular 51% attack, there is 51% attack by grouping.
In regards to collusion amongst multiple parties, nationality is irrelevant. And unless you can point to a concrete instance of these parties colluding, your statement "there is 51% attack" is false.
http://www.coindesk.com/china-miners-big-blocks/
Quote
It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
Quote
Huang's most notable comments addressed the issue of scaling, or how the bitcoin blockchain might be upgraded for more transactions.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
* By Miners, he meant the Chinese Miners.
FYI:
No probably about it with ~67% hash rate combined they can 51% attack it without breaking a sweat.
If you think the Chinese are dumb enough to have over 51% hash show up on 1 mining pool,
Please realize they are Smarter than that, by keeping their massive control of BTC separated by a Pie Chart,
all of the BTC Shrills will argue they don't have 51% , which is BS, because combined they do.
BTC or Chinese Yuan, same thing China controls both.
All of you that are blind to this, should read the art of war, it is their playbook for War & Business.
http://www.chinabusinessleadership.com/2013/09/05/is-using-the-art-of-war-for-doing-business-in-china-a-good-concept/
Quote
Small Business principles from a war manual is really what China is like.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
So it's real.
I've understood what the Chinese people's mind.
Can Segwit.co be an evidence?
It can be affecting the result of the consensus. Although every pool was running with alone.
So even SegWit won't be activating and Lightning will be lame.
51% attack
http://www.coindesk.com/51-attacks-real-threat-bitcoin/
Combined the Chinese Mining Pools have ~67% .
http://www.coindesk.com/51-attacks-real-threat-bitcoin/
Combined the Chinese Mining Pools have ~67% .
http://www.coindesk.com/china-miners-big-blocks/
* By Miners, he meant the Chinese Miners.
FYI:
No probably about it with ~67% hash rate combined they can 51% attack it without breaking a sweat.
If you think the Chinese are dumb enough to have over 51% hash show up on 1 mining pool,
Please realize they are Smarter than that, by keeping their massive control of BTC separated by a Pie Chart,
all of the BTC Shrills will argue they don't have 51% , which is BS, because combined they do.
BTC or Chinese Yuan, same thing China controls both.
All of you that are blind to this, should read the art of war, it is their playbook for War & Business.
http://www.chinabusinessleadership.com/2013/09/05/is-using-the-art-of-war-for-doing-business-in-china-a-good-concept/
Quote
It was not entirely an idle joke when one speaker at China's first miner conference quipped that
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
if the audience decided to launch a 51% attack against the bitcoin network, they would probably be able to pull it off.
Quote
Huang's most notable comments addressed the issue of scaling, or how the bitcoin blockchain might be upgraded for more transactions.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
Rather than focus on incremental solutions (like Segregated Witness, introduced in the latest bitcoin software update),
he took an opposite approach. His talk saw him arguing for the aggressive on-chain scaling tactics that have earned a notable minority of enthusiasts.
When Huang took up the subject, he suggested miners "pretty much determine" how the bitcoin network will scale.
* By Miners, he meant the Chinese Miners.
FYI:
No probably about it with ~67% hash rate combined they can 51% attack it without breaking a sweat.
If you think the Chinese are dumb enough to have over 51% hash show up on 1 mining pool,
Please realize they are Smarter than that, by keeping their massive control of BTC separated by a Pie Chart,
all of the BTC Shrills will argue they don't have 51% , which is BS, because combined they do.
BTC or Chinese Yuan, same thing China controls both.
All of you that are blind to this, should read the art of war, it is their playbook for War & Business.
http://www.chinabusinessleadership.com/2013/09/05/is-using-the-art-of-war-for-doing-business-in-china-a-good-concept/
Quote
Small Business principles from a war manual is really what China is like.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
In 1996, all businessmen in China were studying Sun Tzu‘s Art of War to learn business and seasoned local Chinese businessmen today are 10 times more familiar with this than Ken Blanchard.
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? I don't know why more people are choosing "NO". 
You can see here http://fiatleak.com/
major bitcoin transaction do in China, i know no one can control the bitcoin, but China has a lot bitcoin users, although can not control the bitcoin but still can control the market.
maybe the current price is controlled by China ?
we don't know.
You can see here http://fiatleak.com/
major bitcoin transaction do in China, i know no one can control the bitcoin, but China has a lot bitcoin users, although can not control the bitcoin but still can control the market.
maybe the current price is controlled by China ?
we don't know.
You just said it yourself, no one can control bitcoin. Maybe China is currently influencing the price of bitcoin more so than other countries, but that in no way means what people imply when you say "China controls bitcoin".
I don't know why more people are choosing "NO".
You can see here http://fiatleak.com/
major bitcoin transaction do in China, i know no one can control the bitcoin, but China has a lot bitcoin users, although can not control the bitcoin but still can control the market.
maybe the current price is controlled by China ?
we don't know.
You can see here http://fiatleak.com/
major bitcoin transaction do in China, i know no one can control the bitcoin, but China has a lot bitcoin users, although can not control the bitcoin but still can control the market.
maybe the current price is controlled by China ?
we don't know.
It is actually the Swiss that control bitcoin ... a super secret group that sits in caves under mountains and plans and plots and pulls levers to control bitcoin. What you see is all really just make believe.
As i know both companies located at China are personal investment from a group or a person that invested deeply into bitcoin to get a huge source of income over the next years, but sure if China decides to adquire those big farmers they have there can control in large scale the new bitcoins as the future, but we all know that if they make any step into those direction we will see bitcoin going down in seconds, and i mean down to 1 dollar or lower values, bitcoin its decentralized.
No country can control the bitcoin. It is like no country can control the gold or silver. It is a commodity available to everyone who can purchase, as long as you have enough money.
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.
I am not agree with this they are not controlling this but they are big stake holders in this community because they are doing very positive for this but they can control this in future 
which is not good
At this point in bitcoins life, it doesn't matter who is controlling it. When - not if - bitcoin becomes easier to use and easier to understand, however many years that may be - bitcoin is going to change the world. If China looks like a threat, then other countries will react to take away control. That's the beauty of bitcoin. No one really "controls" it. China doesn't "control" it. China may temporarily have the most mining power - currently - but like I said right now that doesn't mean much, and if it will mean much in the future, others will keep them in check.
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