Topic: Is CHINA CONTROLLING Bitcoin? - page 41. (Read 92645 times)
China's largest number of users and miners, but not on behalf of China to control bitcoin. No one can control bitcoin, like an economic form, who can grasp the route of economic development.
Not just china it seems that now India also is playing great part in influencing bitcoin price.Seeing how fast bitcoin price goes up in India after demonetization,I think bitcoin will gain more popularity in India and more indians will go for mining as well
You are right. however, China is still playing the more important role than the India because they own more mining pool. The Indian only by Bitcoin for temporary reason while Chinese put their money and effort for long time investment.Basically, China still cause more impact to Bitcoin than other parts of the world 
Not just china it seems that now India also is playing great part in influencing bitcoin price.Seeing how fast bitcoin price goes up in India after demonetization,I think bitcoin will gain more popularity in India and more indians will go for mining as well
but to me i think even China cannot influence the price of bitcoin, bitcoin is a universal currency and is used by the people in all over the world therefore for a single country i think it is not possible to manipulate the price of bitcoin so easily. Does it really matter?
To me it matters, that's why I'm asking you guys.Is China really controlling Bitcoin?
Is Bitcoin really controllable?
If so, is it China?
It's true that China miners and trading volume are the biggest in the world but it doesn't mean they have full control of bitcoin, so they could makes the price rise and gone immediately, we know that is impossible. Although, even if China miners could manipulate the price of bitcoin, they will do for good purpose.
I dont think China is controlling bitcoins. Bitcoins is a fee online cyptocurrency and it must not be controlled by any country.
China does have the biggest mining farms and they have spent a whole lot of mining for these and that does not mean that they are controlling bitcoin but they have the highest hashing power and so they will be the highest bitcoin earners .
China is not controlling bitcoin. I don't believe that China takes over the btc. For me, because they have big mining companies or more users, so meaning to say they are already have control in bitcoin? No it is not like that. So my answer is no.
China is not controlling bitcoin. I don't believe that China takes over the btc. For me, because they have big mining companies or more users, so meaning to say they are already have control in bitcoin? No it is not like that. So my answer is no.
i think there no one know surely know that who controlling the bitcoin and i heard in many places that people claim that china controlling the bitcoin but i think there is no proof with anyone that china controlling the bitcoin so we can not say that china controlling the bitcoin.
China today is a great country. they have adequate resources. many new technologies owned china. and most of the state miner is derived from china. they could control the current bitcoin. they can influence price movements 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?
i am not sure about controlled and ruled by China, but i know in china bitcoin be legal activity from this we know that bitcoin accepted as payment too . and many users bitcoin in thereDo you think that China is controlling/ruling bitcoin yes or no?
Yup, I also think so. For if we see from all the things that exist in the bitcoin, that china is the largest user of or as to say china is a country that was very active from users in other countries. But that does not mean it is giving the impact or the idea that china is a country that controls all of the bitcoin. It is thought wrong, because if indeed china control the bitcoin then you've surely the Chinese Government already announced the bitcoin was labelled an original currency or recognised in those countries,
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?
i am not sure about controlled and ruled by China, but i know in china bitcoin be legal activity from this we know that bitcoin accepted as payment too . and many users bitcoin in there Do you think that China is controlling/ruling bitcoin yes or no?
china controlling even the bitcoin world? . bitcoin can mine right? so how they can control it? i dont get it
They control over 51% of the mining , which means they can do a 51% attack.
Which means they can deny any transaction they wish or rewrite the last 12 hours of the Blockchain history at will.
They are your BTC Daddy.
china controlling even the bitcoin world? . bitcoin can mine right? so how they can control it? i dont get it
They control over 51% of the mining , which means they can do a 51% attack.
Which means they can deny any transaction they wish or rewrite the last 12 hours of the Blockchain history at will.
They are your BTC Daddy.
china controlling even the bitcoin world? . bitcoin can mine right? so how they can control it? i dont get it
Not just china it seems that now India also is playing great part in influencing bitcoin price.Seeing how fast bitcoin price goes up in India after demonetization,I think bitcoin will gain more popularity in India and more indians will go for mining as well
You are right. however, China is still playing the more important role than the India because they own more mining pool. The Indian only by Bitcoin for temporary reason while Chinese put their money and effort for long time investment.Basically, China still cause more impact to Bitcoin than other parts of the world 
Not just china it seems that now India also is playing great part in influencing bitcoin price.Seeing how fast bitcoin price goes up in India after demonetization,I think bitcoin will gain more popularity in India and more indians will go for mining as well
you know bitcoin bitcoin users in control by itself, if in a country that has a large user bitcoin, and bitcoin miners you know of china is a lot and you know what they could do with bitcoin. I can not say it. therefore only guess only
They might start doing this here:
https://www.youtube.com/watch?v=ULQSPaLSOxk
They don't like to be controlled esp by US-guys, TX fees, censoring ....
Depend on how the dev stuff stalls ? They can also think and code....
https://www.youtube.com/watch?v=ULQSPaLSOxk
They don't like to be controlled esp by US-guys, TX fees, censoring ....
Depend on how the dev stuff stalls ? They can also think and code....
i think there no one know surely know that who controlling the bitcoin and i heard in many places that people claim that china controlling the bitcoin but i think there is no proof with anyone that china controlling the bitcoin so we can not say that china controlling the bitcoin.
No one is controlling Bitcoin. It's decentralized and independent from any institution or country. But the thing is that China can influence the Bitcoin price because of mining farms and engaging a lot in Bitcoin. But there is a big difference between influence and control. If some country takes the control over Bitcoin that would be the end of idea of Bitcoin.
i think there no one know surely know that who controlling the bitcoin and i heard in many places that people claim that china controlling the bitcoin but i think there is no proof with anyone that china controlling the bitcoin so we can not say that china controlling the bitcoin.
Not just china it seems that now India also is playing great part in influencing bitcoin price.Seeing how fast bitcoin price goes up in India after demonetization,I think bitcoin will gain more popularity in India and more indians will go for mining as well
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