china always wanted to monopolize cryptocurrency trade.
50% Bitcoin miners are in China. there was once a negative news that the Chinese state rejected Bitcoin.
but in reality there is where the largest market place cryptocurrency in the world
Topic: Is China manipulating the price of Bitcoin and other altcoins? - page 4. (Read 1947 times)
September 10, 2017, 04:52:30 AM
September 10, 2017, 04:50:35 AM
I understand that Chinese is a great contributor in the exchange of digital currencies and with the decisions made by Chinese greatly affected the crash.
But they are not manipulating it directly. They are just protecting block chain in the risks today than fixing for its life in the future.
I think that they see ICOs as threats in the security of blockchain.
Let us just hope they have plans and be implemented as soon as possible. I know there are business depending on BTC that is why we can not blame those who are panic selling.
They manipulating in a way not really intentionally,it just shows that the number of bitcoin and crypto users that are Investing in ICO are really huge in numbers, we just see a impact of Chinese in crypto due to their volume. But they are not manipulating it directly. They are just protecting block chain in the risks today than fixing for its life in the future.
I think that they see ICOs as threats in the security of blockchain.
Let us just hope they have plans and be implemented as soon as possible. I know there are business depending on BTC that is why we can not blame those who are panic selling.
September 10, 2017, 04:21:46 AM
I understand that Chinese is a great contributor in the exchange of digital currencies and with the decisions made by Chinese greatly affected the crash.
But they are not manipulating it directly. They are just protecting block chain in the risks today than fixing for its life in the future.
I think that they see ICOs as threats in the security of blockchain.
Let us just hope they have plans and be implemented as soon as possible. I know there are business depending on BTC that is why we can not blame those who are panic selling.
But they are not manipulating it directly. They are just protecting block chain in the risks today than fixing for its life in the future.
I think that they see ICOs as threats in the security of blockchain.
Let us just hope they have plans and be implemented as soon as possible. I know there are business depending on BTC that is why we can not blame those who are panic selling.
September 10, 2017, 04:16:54 AM
there's is possibility, but not only china. Billionaires and banks manipulating it in the trading.
September 10, 2017, 04:06:08 AM
This question is probably asked many times, but I would like to start a discussion and hear other people's opinion on this. Of course it is a bit paranoia, but there is so much money to make for China that they would almost be stupid if they didn't manipulate the price.
This website is great to see the history of Bitcoin's price and the main events that influenced it: https://99bitcoins.com/price-chart-history/
Today seems to be exactly like in 2013. First China comes with some promising news that they see a bright future in Bitcoin and the price of Bitcoin goes even higher than it already was (giving a lost full blow into the bubble, prorbably so they can sell their holdings or something) and just a week or a couple of days later they come with restrictions and the bubble bursts. Is it me being paranoia or is the same exact thing happening again? And will it happen again in the next (even bigger) bubble?
Please share your (well-founded) thoughts here
In the past China has been manipulating the price of bitcoin and other altcoins but now it seems to me they aren't really the ones pulling the strings on the current price decrease of bitcoin. I can say it for certain because China is not fully dominant in bitcoin anymore since many countries started adopting the use of bitcoin. I cant say the same words for altcoins though because a one or two whales can easily control their prices so easily. This website is great to see the history of Bitcoin's price and the main events that influenced it: https://99bitcoins.com/price-chart-history/
Today seems to be exactly like in 2013. First China comes with some promising news that they see a bright future in Bitcoin and the price of Bitcoin goes even higher than it already was (giving a lost full blow into the bubble, prorbably so they can sell their holdings or something) and just a week or a couple of days later they come with restrictions and the bubble bursts. Is it me being paranoia or is the same exact thing happening again? And will it happen again in the next (even bigger) bubble?
Please share your (well-founded) thoughts here
September 10, 2017, 03:52:12 AM
You think that some big guys in China play games in order to manipulate the coin markets and profit from it? I would say it's possible but no one knows exactly of course. But definitely, they want to control the markets there.
September 10, 2017, 03:48:53 AM
This question is probably asked many times, but I would like to start a discussion and hear other people's opinion on this. Of course it is a bit paranoia, but there is so much money to make for China that they would almost be stupid if they didn't manipulate the price.
This website is great to see the history of Bitcoin's price and the main events that influenced it: https://99bitcoins.com/price-chart-history/
Today seems to be exactly like in 2013. First China comes with some promising news that they see a bright future in Bitcoin and the price of Bitcoin goes even higher than it already was (giving a lost full blow into the bubble, prorbably so they can sell their holdings or something) and just a week or a couple of days later they come with restrictions and the bubble bursts. Is it me being paranoia or is the same exact thing happening again? And will it happen again in the next (even bigger) bubble?
Please share your (well-founded) thoughts here
This website is great to see the history of Bitcoin's price and the main events that influenced it: https://99bitcoins.com/price-chart-history/
Today seems to be exactly like in 2013. First China comes with some promising news that they see a bright future in Bitcoin and the price of Bitcoin goes even higher than it already was (giving a lost full blow into the bubble, prorbably so they can sell their holdings or something) and just a week or a couple of days later they come with restrictions and the bubble bursts. Is it me being paranoia or is the same exact thing happening again? And will it happen again in the next (even bigger) bubble?
Please share your (well-founded) thoughts here
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