Topic: Ripple CEO: Bitcoin Is Controlled by China (Read 419 times)
Bitcoin is controlled by China? Not really. The vast majority of ASICs is being manufactured and used in China but it doesn't mean that they control it completely. We could easily fork to allow GPU mining and disable ASICs but it won't happen. Developers are not from China and they can't control what will happen to Bitcoin. They couldn't force us to increase the blocksize, we chose SegWit.
Hmm, maybe because lots of Big whales came from china, and numbers of billionair came from china, therefore, big percentage of Investors, came from china.
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Anyway, search for more information, check everything, and good luck with your investment.
Anyway, search for more information, check everything, and good luck with your investment.
Don't believe this Ripple's CEO. He is trying to prove that bitcoin time is over now and the altcoins time starts! Bitcoin is a decentralised digital currency, how can China Control bitcoin? No way. Some lousy news, rumour hits the blockchain technology that's why bitcoin's price is decreasing every day, But he should mind that without bitcoin,China as most hated country at this time,, have done tremendous move to discredit bitcoin since then.. there will be no altcoin.Bitcoin is decentralized. Can it be controlled?
How about ripple? can it controlled by ripple?
I think XRP is one of the tokens that can be controlled.we can not culpable them on what they want to said about bitcoin, just ignore them if they say something bad.
How about ripple? can it controlled by ripple?
I think XRP is one of the tokens that can be controlled.we can not culpable them on what they want to said about bitcoin, just ignore them if they say something bad.
XRP, heavily centralized around a few key entities with insane premine worth several billions.
if by "insane" you mean all of it then you are right because they controlled the whole supply and each time they pump it they click a button and release a couple of billion new XRP on the market out of thin air!
Maybe the ripple leader thinks if they drop the bitcoin, they can top the list and change the bitcoin position. But the reality is not so, if people have lost confidence in bitcoin then the crypto world will collapse. Ripple is just a branch and I think ripples also will not survive the destruction.
Ripple CEO: Bitcoin Is Controlled by China
https://cryptomonster.net/news/ripple-ceo-bitcoin-is-controlled-by-china-thestreet/index.html
https://cryptomonster.net/news/ripple-ceo-bitcoin-is-controlled-by-china-thestreet/index.html
bitcoin is controlled by its miner association, thats it, if a lot of them are in china than well they are a chinese dominated miner asociation, but we have to be serious china is a diverse society they dont all support bitcoin there.
BTC is banned in China and BTC mines are illegal! China cannot control BTC!
BTC's mines are distributed all over the world, and only 51% of them can control the BTC. Obviously, China has no way to have these calculations!
BTC's mines are distributed all over the world, and only 51% of them can control the BTC. Obviously, China has no way to have these calculations!
I don't beleive in stories that bitcoin is controled by any country, not even China.
Bitcoin is still functioning on a independent network and as far as I know this can't be changed so don't beleive everything that someone is saying.
Bitcoin is still functioning on a independent network and as far as I know this can't be changed so don't beleive everything that someone is saying.
Don't be confused by its reasoning. Its purpose is to break Bitcoin’s sovereignty over cryptocurrencies. I believe wise people will not be deceived.
As far I know, ripple founder controlling most share coin in market. They hold more than 60% total supply in market and its more healthy to hold bitcoin rather than ripple.
Ripple is a fully centralized crypto, so, more we ignore the ripple project, better for the decentralized community
Going according to mining pools this could be true, but apparently also China's banks are loading up on Bitcoin in their reserves (no confirmation on that) Does someone know more on that matter?
Ripple ceo = lol
just say scammer next time so people understand who we're talking about
just say scammer next time so people understand who we're talking about
one thing is to advertise his product and another very different thing is to denigrate the image of another product just to promote his product, something very disgusting.I dont believe that Bitcoin is controlled by China.Economy leaders won't of course just switch to bitcoin over night, specially if that doesn't give them any advantage. I guess it's no surprise why the financial system had hardly evolved at all during the past decades. China is a developed country but not to the extent of it controlling bitcoin. Bitcoin is not controlled by any country but by demand and supply I never thought again that they control bitcoin, because their attitude to bitcoin is very bad. I think they stopped to control bitcoin.but I think this reason is acceptable, because they are greedy and selfish, want to master bitcoin, and it's like the year before.they will not stop to dominate the bitcoin market, although many people hate them for their bad attitude.
Well china is an advance country when it comes to technology but they never could control cryptocurrency. In the first place they were not the one to invent the cryptocurrency. I do not know about this news and what are there considerations on telling this one and blogging it in the internet but i am pretty sure that they could no control bitcoin. THe people or the investors runs the system and decide its market price for it depending on the demand of the investors.
Well, there is always a possibility, and bitcoin controlled by china might be true as others says that a lot of btc miners are in china. So let's see, I just hope that it will not be manipulated.
Ripple CEO: Bitcoin Is Controlled by China
https://cryptomonster.net/news/ripple-ceo-bitcoin-is-controlled-by-china-thestreet/index.html
This is funny statement which is totally not true. He is just trying to destroy bitcoin and for ripple to gain more investors which will not happen. It is true that china have the most share of bitcoins hash power but even you sum all the share of those miners from china they will not be able to get 51% to be able to execute an attack. One thing is for sure no one can control bitcoin but ripple is controlled by the company who created it and remember that they kept huge supply to control the circulation of this cryptocurrency. https://cryptomonster.net/news/ripple-ceo-bitcoin-is-controlled-by-china-thestreet/index.html
Let's look realistically at the other top coins.
Ethereum, heavily centralized around a few key entities.
XRP, heavily centralized around a few key entities with insane premine worth several billions.
BCash, heavily centralized around a few *mentally unstable* entities with insane premine worth hundreds of millions.
The rest isn't even worth talking about.
The biggest and most decentralized coin in the market will always be showered in negativity coming from the other platforms. They don't have any other way to gain attention.
XRP can't even push higher daily volumes than Litecoin on its own.
Don't trust those who walk around in business suits trying to look important. These are the people we try to avoid with Bitcoin.
Ethereum, heavily centralized around a few key entities.
XRP, heavily centralized around a few key entities with insane premine worth several billions.
BCash, heavily centralized around a few *mentally unstable* entities with insane premine worth hundreds of millions.
The rest isn't even worth talking about.
The biggest and most decentralized coin in the market will always be showered in negativity coming from the other platforms. They don't have any other way to gain attention.
XRP can't even push higher daily volumes than Litecoin on its own.
Don't trust those who walk around in business suits trying to look important. These are the people we try to avoid with Bitcoin.
Another propaganda from China. No organization of countries, much less a single nation, can control bitcoin. That’s what makes cryptocurrency special.
hmm is it real?
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