--DarkSecrets--
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March 01, 2017, 06:57:35 AM |
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For me its maybe upon situations and circumstances although they have the biggest bitcoin mining powers and big bag holders of bitcoins so it is possible if those Chinese holders will make a move in a single attack . But as far as i know and nowadays after legalizing bitcoins on japan ,Japan marks the bighest market now if im not mistaken .So whatever it is if they troll bitcoins price there's no big worry for that .it will back to the normal range and movements of bitcoins.
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| `^cder. '-`ryRQQ#@@#O}- .)ydi`!]PQQ#@@@@@#d}! `:'`rU9660ZL:')TZ@@@@@@####O) `lVx<,:xWg@@@#g)iQB##@@##@@@M `lVcyWRBsy@@Q8Z*iQQQQB##@@@@M `x|G#@@@m)T<:<v~iB##@@#QQB#@M `)I$#m,-' `>]ZB#@@@#QQQB#3 .>LKlxxxx_`<YUaKOQQQB#BB####P :V5MMMTx^=*` .~xeaOQQg$RB@@@##P .<}ab*' .QQK\_`;<YMRO66B@@@@B} .` .Q#@#Q3v`rcvvY3B#Mx_ .OKx*rxv`x66OX]=` .!`xRdyr, !<' | | IoTeX
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| | TWITTER MEDIUM REDDIT | TELEGRAM FORUM BITCOINTALK |
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hulla
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March 01, 2017, 08:12:03 AM |
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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?
Actually I'm not thinking about that, for all what important to me is as long as the features of bitcoin is being applied for the individuals the demand huge volume is still in the hand of the majority. And I don't think China has an ability to control bitcoin, no it won't due to bitcoin decentralized, always keep that in mind. Before the PBOC investigation. - Zero fees - A lot of the fake volumes - The condition of bitcoin is unstable After PBOC investigation - The fees has applied - Removing the fake volumes - The bitcoin is really strong right now. yes there was a lot of fake volume right before the People Bank of China probe and the situation almost kill people thirst for bitcoin and I'm happy in the life of Japan, US, the tea company etc for bringing the thirst back which take out the power the Chinese had to control the price of bitcoin. Concerning the price of control the price of bit coin the investors, media, you and I have the power but concerning the mining section I think China controls that.
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| . .Duelbits. | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀ ▀▄ ▄▀▀ Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█ █ █ █ █ █ █ █ Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █ █ ▀▄▀ █ ▀▀ █ Blackjack | | . ▄▄▀█████▀▄▄ ▄▀▀ █████ ▄▄▀▀▄ ███▄ ▄█████▄▀▀▄███ ██████▀▀ ▀▀██████ █ ▀▀██▀ ▀▄ ▄▀ ▀██▀▀ █ █ █ ███ █ █ █ ▄▄██▄ ▄▀ ▀▄ ▄██▄▄ █ ██████▄▄ ▄▄██████ Roulette | | . █▀▀▀▄ ▄▀▀▀█ █ ▀▄ ▀▄ ▄▀ ▄▀ █ ▀▄ ▀▄ ▀▄ ▄▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄ ▀▄ ▀▄ ▀▄ ▄ █ ▀▄ ▀▄ ▀ ▄▀ █ ▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄ Dice Duels |
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vaibhavsingh
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March 01, 2017, 09:13:07 AM |
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well, kind of yes, simply because they control big bitcoin mining datacenters and since their Internet speed is slow, causes huge lags in Blockchain transactions.
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HadiHussain
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March 01, 2017, 09:59:02 AM |
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no i do not think so that anyone is controlling bitcoin, i think there is no doubt about this that most of the users of bitcoin are from china and even most of he miners are also from china but it does not mean that China is controlling Bitcoins.
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citywise2
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March 01, 2017, 10:09:09 AM |
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As for me I don't think that who controlled bit coin is the matter. But what we need is that all the countries of the world to accept bit coin. The world must know the important of bit coin.
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deppil
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March 01, 2017, 10:19:57 AM |
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China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
but slow down further in the future the number of users will continue to decrease because mining was a sure thing happened. so in the next few years China will no longer give much effect on bitcoin
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sportis
Sr. Member
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Activity: 406
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Veni, Vidi, Vici
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March 01, 2017, 11:25:08 AM |
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The big miners are present at China they are able to manage and affect bitcoin price
The big miners at first are entrepreneurs and for that reason they are loving the profit. This means that if the cost of electricity in China grows is likely to mining pools to migrate to other countries. On the other hand, China also wants profit from taxes and employment of their workforce. So there is no reason to turn away business from China. Anything wants China to do she can easily do when impose strict policies to the big Chinese exchanges like as she already have done in order to defend the yuan. Bitcoin is a universal currency and has nothing to do with any country in the world.
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giveen
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March 01, 2017, 11:27:03 AM |
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As for me I don't think that who controlled bit coin is the matter. But what we need is that all the countries of the world to accept bit coin. The world must know the important of bit coin.
No if you controlling the price is important because bitcoin won't be a decentralised currency if someone is controlling the price. Of course if many countries start accepting bitcoins it will be better , but if the price is been controlled soon bitcoin can end up like gold and it will no longer remain profitable.
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kiklo
Legendary
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Activity: 1092
Merit: 1000
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March 01, 2017, 11:45:36 AM |
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China POC had a few words with the Chinese Exchanges And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright.
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warwar
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March 01, 2017, 12:24:52 PM |
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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?
No one is controlling,manipulating and what so ever stuffs you called it.No one rulled it except for bitcoin network and developers itself.They say that china controls it because of huge traffics and transactions coming from an chinese ip address and chinese wallet address.No one is reallly controling it
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Xester
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March 01, 2017, 12:28:08 PM |
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China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
have you been sleeping for the past month? the Chinese exchange market is down, it is closed and has zero users right now and as you can see bitcoin price is going up much faster than before. Well, after china exchange market is down, I think china is not so influential in the world of bitcoin. Well, I think that when exchanger china down, into a bitcoin prices plummeted, however, it did not happen. I think China is not in control strong again today. But if the PBOC of China did not conduct and investigation on Chinese Exchangers they will still continue to post fake volumes and manipulate the market price of bitcoin. Its all thanks to PBOC inspection and investigation that those evil schemes was stopped and a new set of regulations were placed so as to provide the users with proper and exact price movement of bitcoin.
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KennyR
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March 01, 2017, 12:32:50 PM |
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China is the biggest bitcoin mining in the world for right now, and the largest factors to infect about the price is China. If the exchanger market from China down, the price is also down. So I believe that China can controlling bitcoin price and stock.
have you been sleeping for the past month? the Chinese exchange market is down, it is closed and has zero users right now and as you can see bitcoin price is going up much faster than before. Well, after china exchange market is down, I think china is not so influential in the world of bitcoin. Well, I think that when exchanger china down, into a bitcoin prices plummeted, however, it did not happen. I think China is not in control strong again today. But if the PBOC of China did not conduct and investigation on Chinese Exchangers they will still continue to post fake volumes and manipulate the market price of bitcoin. Its all thanks to PBOC inspection and investigation that those evil schemes was stopped and a new set of regulations were placed so as to provide the users with proper and exact price movement of bitcoin. Yeah PBOC gave a good support to the user base through the inspection. As mentioned if the inspection is not conducted sure we could have experienced a great negative impact on the bitcoin at some unexpected time. Now this got eliminated and few regulations have come to use which gives users the trust on bitcoin.
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dominikherzog5
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March 01, 2017, 12:36:11 PM |
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I dont think china controlling it.But in china there is so big bitcoin activity especially on mining also china has the biggest bitcoin stok so china is important part on bitcoin world as big player
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PhucS
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March 01, 2017, 01:07:48 PM |
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According to my view, China does not control Bitcoin. I think so. Bitcoin is not under the control of any government or organization. I should emphasize this because it is the nature of Bitcoin. It was created by modern technology, and totally freedom for everyone. But China also has a certain influence to Bitcoin. Price of Bitcoin volatility is sometimes also partly due to the influence of China. This is understandable because China is a vast country and rich, with a lot of miners and the price they pay for the miners is also quite high. Besides, almost all people know to Bitcoin. China does not fully control Bitcoin, it only affects certain to Bitcoin
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markyminer
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March 01, 2017, 04:21:23 PM |
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According to my view, China does not control Bitcoin. I think so. Bitcoin is not under the control of any government or organization. I should emphasize this because it is the nature of Bitcoin. It was created by modern technology, and totally freedom for everyone. But China also has a certain influence to Bitcoin. Price of Bitcoin volatility is sometimes also partly due to the influence of China. This is understandable because China is a vast country and rich, with a lot of miners and the price they pay for the miners is also quite high. Besides, almost all people know to Bitcoin. China does not fully control Bitcoin, it only affects certain to Bitcoin
yes tha is right, although then umber of bitcoin users may be more in China still we even do not know about that but if they are inf ct more still they cannot control bitcoin because bitcoin is a universal currency and is not under control of a single person or a state. or ever not under the control of a group of people.
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marcus_of_augustus
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Eadem mutata resurgo
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March 01, 2017, 10:31:21 PM |
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The sun is setting on China's day basking in the bitcoin sun ... that's not a bad thing either, some of them there were getting quite nutty and power-crazed.
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hulla
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March 02, 2017, 02:02:54 PM |
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China POC had a few words with the Chinese Exchanges And now BTC market price is so stable it is almost sickening, if you can't see they are manipulating the price, you're just not that bright. That was your thinking isn't it? Because the PBOC conversation with the Chinese bitcoin exchange bring alot of negative change in the price of bitcoin just in 3minutes after the outcome of their meeting linked out. There was alot of panic sell of bitcoin and alot of bitcoin investors start to sell their investment. Could you remember the number of await to confirm blockchain transaction back then was around 20 thousand plus?
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| . .Duelbits. | | | ▄████▄▄ ▄█████████▄ ▄█████████████▄ ▄██████████████████▄ ▄████▄▄▄█████████▄▄▄███▄ ▄████▐▀▄▄▀▌██▄█▄██▐▀▄▄▀▌███ ██████▀▀▀▀████▀███▀▀▀▀█████ ▐████████████■▄▄▄■██████████▀ ▐██████████████████████████▀ ██████████████████████████▀ ▀███████████████████████▀ ▀███████████████████▀ ▀███████████████▀ | | | | | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | ▄▀▄ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █ █▀▀▀▀▀█ ▀█▀█▀ █▄█ █▄█ | | | . ▄ ▄▄▀▀▀▀▄▄ ▄▀▀▄ █ █ ▀▄ █ ▄█▄ ▀▄ █ ▄▀ ▀▄ ▀█▀ ▄▀ ▀█▄▄▄▀▀ ▀ ▄▀ ▄▀ ▄▀ ▀▄ ▄▀▀ Live Games | | ▄▄▀▀▀▀▀▀▀▄▄ ▄▀ ▄▄▀▀▀▀▀▄▄ ▀▄ ▄▀ █ ▄ █ ▄ █ ▀▄ █ █ ▀ ▀ █ █ ▄▄▄ █ ▀▀▀▀▀▀▀▀▀▀▀▀▀ █ █ █ █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █▄█ █ ▀▀█ ▀▀█ ▀▀█ █ █▄█ █ █ █ █ █ █ █ Slots | | . ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▄ █ ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ █ ▄▄ █ █ █ █ █ █ ▄▀▀▄▀▀▄ █ █ █ ▀▄ ▄▀ █ █ █ ▀▄▀ █ ▀▀ █ Blackjack | | . ▄▄▀█████▀▄▄ ▄▀▀ █████ ▄▄▀▀▄ ███▄ ▄█████▄▀▀▄███ ██████▀▀ ▀▀██████ █ ▀▀██▀ ▀▄ ▄▀ ▀██▀▀ █ █ █ ███ █ █ █ ▄▄██▄ ▄▀ ▀▄ ▄██▄▄ █ ██████▄▄ ▄▄██████ Roulette | | . █▀▀▀▄ ▄▀▀▀█ █ ▀▄ ▀▄ ▄▀ ▄▀ █ ▀▄ ▀▄ ▀▄ ▄▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄▀ ▀▄ ▀▄ ▀▄ ▀ ▄▀ ▄ ▀▄ ▀▄ ▀▄ ▄ █ ▀▄ ▀▄ ▀ ▄▀ █ ▄▀▄ ▀▄ ▀ ▄▀ ▄▀▄ Dice Duels |
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Capradina
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March 02, 2017, 02:15:57 PM |
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Chinese miners are divided into 3 or 4 camps, they are not united, nothing to worry about.
It is indeed true, it could also give a bad impact for miners or the owner of the bitcoin another. Because there is nothing to know that secretly they work together and want to get a bigger profit from those outside of China. Although china is a great country, but sometimes there are some people who have the ambition to earn a bigger profit than those who have only little bitcoin. Just be patient and see the best results in the future, for now it's the price of the bitcoin has started a fun and profitable
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Marma Kalari
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kittiefight.io Combat MMO Lending Jackpots
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March 02, 2017, 05:14:00 PM |
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The sun is setting on China's day basking in the bitcoin sun ... that's not a bad thing either, some of them there were getting quite nutty and power-crazed.
Remember the major mining farms are still in china and it is true that there is a slight hiccup with the recent involvement of the government and they have frozen the accounts so that you are not able to withdraw your coins and so is the reason people are moving away from Chinese exchanges.
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MONKEYJUNK
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March 02, 2017, 06:59:06 PM |
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China in my opinion can control bitcoin's price, since if all their miners sell at the same time, it would cause a very big dump on bitcoin's price. For now, I think those miners are independent and not controlled by the government. Hope that China won't plan to control bitcoin's price just yet. If they do, they will just need to order their miners and bitcoin users to sell all of their bitcoins at the same time or by banning bitcoin causing the miners to sell at the same time.
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