Is CHINA CONTROLLING Bitcoin?

[BitcoinPC]

Miners control Bitcoin. If you are worried about other miners holding to much control, then invest in mining.

But mining will not be so profitable after halving, so why see your money going in rabbit hole?
I think with that money doing trading will be a nice idea, isn't it?

Mining is profitable if you are large in number, united, have a business of bitcoin mining and have a long term vision. These all the things are with Chinese and therefore they are successful in mining and getting profits.  If we need to get profits we need to invest in hardware like a business and only then it can be profitable.

[safari88]

Chines people are interesting bitcoin so much  and chine is so crowded contry it is important bitcoin price to i m nıt sure they are controling bitcoin but chines people effective in prices

yes i think china controls the price, whereby when the Chinese market rise very high, other market always follow, and vice versa when the Chinese market fell, all markets are also fell.

[Oralmat]

Chines people are interesting bitcoin so much  and chine is so crowded contry it is important bitcoin price to i m nıt sure they are controling bitcoin but chines people effective in prices

yes i think china controls the price, whereby when the Chinese market rise very high, other market always follow, and vice versa when the Chinese market fell, all markets are also fell.

At this moment all the bitcoin prices up and down is effected from the Chinese market. and  bitcoin price is controlled indirectly by the china market. We are seeing $100 change is price daily which is hugh.

[hawkins]

I do not know, I know, China is the largest country bitcoin users, so it's possible. You may also be able to use bitcoin there and probably very many companies that pay you bitcoin in china, it could make Chinese control bitcoin

[ning_chang]

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?

china not have control of BTC. but mr. satoshi nakamoto. I leave that. if you know the people of china.

[crairezx20]

I do not know, I know, China is the largest country bitcoin users, so it's possible. You may also be able to use bitcoin there and probably very many companies that pay you bitcoin in china, it could make Chinese control bitcoin

Yeah right but i think only the price of bitcoin that they can control it because they have a large amount o bitcoin because china is the biggest bitcoin farm.. if they dump all their bitcoin in oneshot we will see more price dump..

[Fatanut]

I don't think China alone is controlling bitcoin. There are some other players all over the world that can control bitcoin's price as well. Whales hold a lot of bitcoins so if they all decided to dump the coin, they can lower the price of the coin a lot. If they want to pump the coin's price, they can make it pump as well. I think those players have a connection with each other and not a single country alone controls bitcoin.

[harizen]

If it does, well that is not important, what is important is, as long as we earn and we collect our bitcoins for our own good.

Well you have a nice point there.

Since even we don't like China to get control of bitcoin, possibilities are there. And because we have nothing to do to change that, just take the ride for every price trend or news they are making.

Besides, all in all we are getting benefits and advantage whenever there is a price surge which is ironically started by them in most of the cases.

[Kewatia]

If it does, well that is not important, what is important is, as long as we earn and we collect our bitcoins for our own good.

Well you have a nice point there.

Since even we don't like China to get control of bitcoin, possibilities are there. And because we have nothing to do to change that, just take the ride for every price trend or news they are making.

Besides, all in all we are getting benefits and advantage whenever there is a price surge which is ironically started by them in most of the cases.

The Chinese controls the mining only. After the mining, they will sell their coins to cover the cost. They do not hold the coins.

[ning_chang]

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?

for my opinion about that topic, I'm not sure if China took control of BTC. perhaps because the word satoshi. is the name of the Japanese netizen. Nakamoto was satoshi. so? I believe that more Japanese had control of BTC.😂

[rindo]

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?

for my opinion about that topic, I'm not sure if China took control of BTC. perhaps because the word satoshi. is the name of the Japanese netizen. Nakamoto was satoshi. so? I believe that more Japanese had control of BTC.😂

i agree,it is just about Sathosi Nakamoto yeah i know hes name is name of China,but i guees not all BTC CONTROLLING associated with china

[asriloni]

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?

for my opinion about that topic, I'm not sure if China took control of BTC. perhaps because the word satoshi. is the name of the Japanese netizen. Nakamoto was satoshi. so? I believe that more Japanese had control of BTC.😂

what a silly reason behind your statement that believing Japanese take control of bitcoin,it's just an alias name don't sure satoshi nakamoto is a real Japanese,and china is just bunch of miners can't even take control of a single exchanger except their local

[StoreBit]

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?

for my opinion about that topic, I'm not sure if China took control of BTC. perhaps because the word satoshi. is the name of the Japanese netizen. Nakamoto was satoshi. so? I believe that more Japanese had control of BTC.😂

what a silly reason behind your statement that believing Japanese take control of bitcoin,it's just an alias name don't sure satoshi nakamoto is a real Japanese,and china is just bunch of miners can't even take control of a single exchanger except their local

such kind of news are spreading in the market some time they say that china is controlling the bitcoin and some time they say that japan is holding the bitcoin. i think these are just the supposition and there is no reality in such kind of news. i think bitcoin is a universal currency and the there is not a sing stage who are holding bitcoin.

[Hide_ip112]

Miners control Bitcoin. If you are worried about other miners holding to much control, then invest in mining.

True, that which performs full control is displayed. They were a major factor in the growth and the price of the bitcoin. It is true that China has a very big miners, but it will not have an effect on the growth and the price of the bitcoin. They can only follow and not manipulating/controlling bitcoin

[Dr.Osh]

I do not know that the Chinese control bitcoin, but it might be. I know about China, China is the largest country that uses bitcoin, may thus making them able to control the bitcoin. but I think that that control bitcoin are the people who have it in large numbers. Well it could be people that are in china, who knows 

[Woshib]

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?

For me, I do not think anyone really control the Bitcoin, it's users control it with their transactions.
Apparently, it is thanks to investments of Chinese that the price of Bitcoin currently increase.

[PeRo]

They don't control Bitcoin, Bitcoin isn't controlled by anybody. They own most of the Bitcoin on the market and a lot of mining power. The Chinese just invest in Bitcoin the most. It would be fatal if they dump all of the Bitcoin they have. But they don't controll it, controlling it would be owning all the Bitcoins on the market and doing whatever they want with them.

[quentincole32]

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?

in fact,china have big miner and many mining company,also they have some exchange that put better bitcoin price,its why people keep saying china controling bitcoin,in my view,its almost true if china controling bitcoin,butnot in big scale,because we know europan and american country never get big influence from china miner or bitcoin price in china exchange.

[RocketSingh]

The proper Q would be - Is China highly invested in bitcoin?

[Yakamoto]

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?

in fact,china have big miner and many mining company,also they have some exchange that put better bitcoin price,its why people keep saying china controling bitcoin,in my view,its almost true if china controling bitcoin,butnot in big scale,because we know europan and american country never get big influence from china miner or bitcoin price in china exchange.

The only way that China can even remotely control Bitcoin is through the control of the supply and which markets it goes to, and not who gets to transact what. If China really wanted to move their Bitcoin around solely China, they could and only move it throughout Chinese exchanges, but the likelihood of that happening is incredibly low and thus I wouldn't worry about it.