It's clear now China have higher amount bitcoin

[winterland]

Just remember gold standarts from history. Sometimes governments want to play big. Maybe this is the real reason behind that "banning crypto" theme.Speculation is root of all evil

The gold standard was the reason there was so much prosperity in those times but governments hate gold because it puts limits to how much they can spend and how much currency they can create, that is why they have put it aside and this is why people have decided to create their own gold, bitcoin.

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[Kingofbitcoin12345]

Yes it so clear from the start that they have huge numbers of bitcoin the same way they do have the most largest bitcoin mining farm and many of them widespread on that country..  But it also clear to me how the government is being blinded for they're boastful attitude that they can control bitcoin and us,, the users,, the investors and the market itself.. They're days would come to an end and it will hurt them badly if banning bitcoin is they're goal..

[zanezane]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

[Netnox]

Tax evasion has always been a big issue in China. That is the reason why the government officials are running scared of Bitcoin. They are afraid that Bitcoins may be used to hide individual wealth, and to transfer wealth abroad. Same is the case in India as well.

[marcuslong]

In last week bitcoin price because of Chines police regarding  BTC and made affect for rate so here China have higher rate  it's rights or not

What seriously? Is changes gonna happens in china? I don't think that bitcoin rate will affect after the china wipe out totally of bitcoin If they where made this kind of another policy that bitcoin will higher rate there maybe bitcoin price will be boost its price into unexpected one. But im pretty sure that tax will be awful for them.

[Nazmul012]

In last week bitcoin price because of Chines police regarding  BTC and made affect for rate so here China have higher rate  it's rights or not

yes mate i also agree with you about this matter. china plays significant role of crypto market. in last week, due to banned bitcoin by china, Chinese people maybe sold their bitcoin due to panic and result was unfortunately down the price of bitcoin....

[asriloni]

Tax evasion has always been a big issue in China. That is the reason why the government officials are running scared of Bitcoin. They are afraid that Bitcoins may be used to hide individual wealth, and to transfer wealth abroad. Same is the case in India as well.

Tax evasion is not a thing if they give punishment to the evaders, it's not just light punishment but the heaviest one, then the citizens will forcefully reporting their profit, or wealth from bitcoin so that government can tax them.
since blockchain is really transparent about every transactions going on, it doesn't make sense if they scared of it.

[mharz]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

No doubt with that, China have a high numbers of people in their continent so they had a tendency that most of them are members in bitcoin society.
Obviously more of the Chinese persons are engage into a business, so there's a possibility that most of the potential coins and ICO's were from Chinese country.
In addition, remember the banning of ICOS in China it will largely affects the bitcoin community and the value of bitcoin in the market is fall down so high. It means that China have high reputation in the crypto currency industry.

[Kronos21]

Tax evasion has always been a big issue in China. That is the reason why the government officials are running scared of Bitcoin. They are afraid that Bitcoins may be used to hide individual wealth, and to transfer wealth abroad. Same is the case in India as well.

Tax evasion is not a thing if they give punishment to the evaders, it's not just light punishment but the heaviest one, then the citizens will forcefully reporting their profit, or wealth from bitcoin so that government can tax them.
since blockchain is really transparent about every transactions going on, it doesn't make sense if they scared of it.

And where it says that this is your wallet? Yes, the transaction is seen but it is faceless. You can be tracked only after you make the exchange of bitcoins for Fiat. But it is also difficult because there are many exchangers that do not require registration and you will remain in the shadows.

[Obito]

In last week bitcoin price because of Chines police regarding  BTC and made affect for rate so here China have higher rate  it's rights or not

It is, China has a big impact that could affect in the price of bitcoin in the market and the proof is the happening in this last few weeks that makes the price fall. Remember that China has been banned the exchage that cause of price fall of bitcoin in the market and also lead on panic selling. Therefore, China is necessary for this kind of industry because of their population.

[Izarok]

Tax evasion has always been a big issue in China. That is the reason why the government officials are running scared of Bitcoin. They are afraid that Bitcoins may be used to hide individual wealth, and to transfer wealth abroad. Same is the case in India as well.

I do also believe that this is the reason why they ban most of the ICO's on China. Though they didn't directly ban the use of bitcoin, they targeted ICO's to expose any huge "hodlers" to come up. The method might be indifferent still it can be used in evading taxes et al.

[chickenado]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

No doubt with that, China have a high numbers of people in their continent so they had a tendency that most of them are members in bitcoin society.
Obviously more of the Chinese persons are engage into a business, so there's a possibility that most of the potential coins and ICO's were from Chinese country.
In addition, remember the banning of ICOS in China it will largely affects the bitcoin community and the value of bitcoin in the market is fall down so high. It means that China have high reputation in the crypto currency industry.

I don't think so. Other country men know the fact that China has been making a bad societal view and more or less of their population is getting abused. So there is a tendency that it will affect their name for somes investors in bitcoin. Being trusted is too important ang geographically speaking,this is a way too far to be expected that their country has bigger amount of bitcoin. What about America? It is the biggest continent ever so I think it would be America over China to have higher amount of bitcoin.

[lobo13hf]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

No doubt with that, China have a high numbers of people in their continent so they had a tendency that most of them are members in bitcoin society.
Obviously more of the Chinese persons are engage into a business, so there's a possibility that most of the potential coins and ICO's were from Chinese country.
In addition, remember the banning of ICOS in China it will largely affects the bitcoin community and the value of bitcoin in the market is fall down so high. It means that China have high reputation in the crypto currency industry.

I don't think so. Other country men know the fact that China has been making a bad societal view and more or less of their population is getting abused. So there is a tendency that it will affect their name for somes investors in bitcoin. Being trusted is too important ang geographically speaking,this is a way too far to be expected that their country has bigger amount of bitcoin. What about America? It is the biggest continent ever so I think it would be America over China to have higher amount of bitcoin.

talking of the fact before china release regulation about bitcoin and its usage, china indeed have major percentage of bitcoin holding, you can search it in google, i think there's many reliable source you can get there and also bitcoin which generated from mining, china contribute majority of hashpower.

[Weawant]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

No doubt with that, China have a high numbers of people in their continent so they had a tendency that most of them are members in bitcoin society.
Obviously more of the Chinese persons are engage into a business, so there's a possibility that most of the potential coins and ICO's were from Chinese country.
In addition, remember the banning of ICOS in China it will largely affects the bitcoin community and the value of bitcoin in the market is fall down so high. It means that China have high reputation in the crypto currency industry.

I don't think so. Other country men know the fact that China has been making a bad societal view and more or less of their population is getting abused. So there is a tendency that it will affect their name for somes investors in bitcoin. Being trusted is too important ang geographically speaking,this is a way too far to be expected that their country has bigger amount of bitcoin. What about America? It is the biggest continent ever so I think it would be America over China to have higher amount of bitcoin.

talking of the fact before china release regulation about bitcoin and its usage, china indeed have major percentage of bitcoin holding, you can search it in google, i think there's many reliable source you can get there and also bitcoin which generated from mining, china contribute majority of hashpower.

Indeed they have the biggest hashpower on minings thats why chinese people cannot easily let go the bitcoins since it can be a disastrous for the chinese hash owners if government will regulate nor eliminate it. But for now the issue regarding on China's banning seems clear and we should not afraid to buy nor save some bits at this moments.

[ActiveP]

In last week bitcoin price because of Chines police regarding  BTC and made affect for rate so here China have higher rate  it's rights or not

OP, I am not sure what you mean by higher rate in China. But if you mean they have the most amount of bitcoins, it could be true. I understand they own circa 9/10% of the total coins in circulation which is a lot for one country.

[jackhdt]

Chinese is the biggest holders,the majority the miners came from Chinese. prices of bitcoins went down. Beginners Bitcoin stabilized but after nothing certain about Bitcoin prices in October

[loda.doa]

China has a big impact that could affect in the price of bitcoin in the market. but i think this is a good opportunity for those who want to invest in bitcoin

[wurth]

Oh yes this is not something new in China.
Remember that last few weeks news about banning of exchange and bitcoin and it made smoke in the community, many got panicked and sold their bitcoin in loses while China took that opportunity to buy as much as they can and now they're holding huge amount of bitcoin and they'll soon create their own exchange.
What a strategy!

No doubt with that, China have a high numbers of people in their continent so they had a tendency that most of them are members in bitcoin society.
Obviously more of the Chinese persons are engage into a business, so there's a possibility that most of the potential coins and ICO's were from Chinese country.
In addition, remember the banning of ICOS in China it will largely affects the bitcoin community and the value of bitcoin in the market is fall down so high. It means that China have high reputation in the crypto currency industry.

I don't think so. Other country men know the fact that China has been making a bad societal view and more or less of their population is getting abused. So there is a tendency that it will affect their name for somes investors in bitcoin. Being trusted is too important ang geographically speaking,this is a way too far to be expected that their country has bigger amount of bitcoin. What about America? It is the biggest continent ever so I think it would be America over China to have higher amount of bitcoin.

talking of the fact before china release regulation about bitcoin and its usage, china indeed have major percentage of bitcoin holding, you can search it in google, i think there's many reliable source you can get there and also bitcoin which generated from mining, china contribute majority of hashpower.

Indeed they have the biggest hashpower on minings thats why chinese people cannot easily let go the bitcoins since it can be a disastrous for the chinese hash owners if government will regulate nor eliminate it. But for now the issue regarding on China's banning seems clear and we should not afraid to buy nor save some bits at this moments.

Although the FUDs created by China is gone, but you still need to careful till next month start. Why do I need wait till that time? Haha, simply I want to wait the new candle earlier of October before I decide to buy or sell my Bitcoin.

[geyayy]

Chinese is the biggest holders,the majority the miners came from Chinese. prices of bitcoins went down. Beginners Bitcoin stabilized but after nothing certain about Bitcoin prices in October

No doubt that China is the biggest holders of bitcoin. And China being the biggest, they also knows how to circulate and what to do in times like this. But I think they will have a step this coming November fork. What do you think?

[Lampaster]

Everyone says that China is the largest custodian of bitcoin. How can you be sure? From this information. I know that bitcoin is an anonymous currency and it's impossible to know who owns it. The Chinese mined a lot of coins but they also sell them in huge quantities.