yagizpoyraz (OP)
Newbie
 Offline
Activity: 63
Merit: 0
|
 |
June 13, 2018, 08:38:50 AM |
|
|
|
|
|
|
Slow death
Legendary
Offline
Activity: 3192
Merit: 1130
Leading Crypto Sports Betting & Casino Platform
|
|
June 13, 2018, 09:36:40 AM |
|
this guy is unbelievable, he was practically trying to destroy bitcoin's reputation only for people to look at his altcoin, 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. and when he says:
Garlinghouse: "Bitcoin Is Controlled by China"
The Ripple CEO told the crowd, "A number of prominent people, even Steve Wozniak, has said that he sees a world where Bitcoin is the primary currency. I think that's absurd. I don't think that any major economy will allow that to happen. By the way, it doesn't make sense."
He continued by saying, "I'll tell you another story that is underreported, but worth paying attention to. Bitcoin is really controlled by China. There are four miners in China that control over 50% of Bitcoin"
"How do we know that China won't intervene? How many countries want to use a Chinese-controlled currency? It's just not going to happen."
I do not understand the technical aspect very well, but I believe they are pools where there are many people from several countries mining, or am I wrong? |
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
lambomkini
Newbie
Offline
Activity: 48
Merit: 0
|
|
June 13, 2018, 09:40:23 AM |
|
Yes, I think this CEO is a very vicious person. Controlled by China? Is XRP losing value? Why else say that?
|
|
|
|
|
Pursuer
Legendary
Offline
Activity: 1638
Merit: 1163
Where is my ring of blades...
|
|
June 13, 2018, 09:54:01 AM |
|
The crow calls the raven black or in this case calls the dove black. anybody who has been around for a short while and cared to learn a thing or two about centralization and control and looked into different projects knows very well that Ripple is the most centralized cryptocurrency that has ever been created. the fact that they are bold enough to cover their own shenanigans and pretend it is not centralized is more than enough, now they are trying to attack bitcoin? all I can say is pathetic... I do not understand the technical aspect very well, but I believe they are pools where there are many people from several countries mining, or am I wrong?
correct. they are pools. but does it really matter? even if 100% of the mining power were in fact coming from China it still wouldn't change a thing. because first of all miners are workers not the whole network and secondly it is a free market, nobody is preventing the rest of the world to have higher hashrate. in fact UK used to have nearly 60% of the hashrate at one point in only 1 mining pool (GHASH). where were this idiot then to call bitcoin controlled by UK? (I say UK because CEX.io hq is in London)
|
Only Bitcoin
|
|
|
Ahsan Aly
Member
Offline
Activity: 462
Merit: 10
|
|
June 13, 2018, 09:57:56 AM |
|
Absolutely waste speech.This is not the right way of business, and obviously he want to destroy Bitcoin reputation, but he can't. And now you can see the XRP is also decreased now. Bitcoin is the genuine currency which gives real profit to their investors. Can't beat it !
|
|
|
|
Mpamaegbu
Legendary
Offline
Activity: 2870
Merit: 1233
Once a man, twice a child!
|
|
June 13, 2018, 10:01:13 AM |
|
I won't say his comment is a piece of shit (Though I know it is). I would mildly say it is laughable. So, why did bitcoin not collapse after that dramatic pullout and blacklisting from the Chinese last year? I think the XRP boss is trying to gather attention to himself. Anyway, I think it won't be a bad thing for anyone to buy into XRP now that the price is dipping. I will but that should be around $0.20. My gun is already corked in readiness for that buy. |
|
|
|
|
nistra
|
|
June 13, 2018, 10:01:56 AM |
|
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. |
|
|
|
|
|
Red-Apple
|
|
June 13, 2018, 10:04:25 AM |
|
I won't say his comment is a piece of shit (Though I know it is). I would mildly day it is laughable. So, why did bitcoin not collapse after that dramatic pullout and blacklisting from the Chinese. I think the XRP guy is trying to gather attention to himself. Anyway, I think it won't be a bad thing for anyone to buy into XRP now that the price is dipping. I will but that should be around $0.20. My gun is already corked in readiness for that buy. unfortunately these people are feeding off this attention that we are giving them. for example if the news sites (that there are more of them that you could count these days) stop reporting every single bullshit on the internet then these trolls won't be able to get what they are looking for. this is just a desperate attempt to prevent the crash of XRP that has been ongoing for a while. |
--signature space for rent; sent PM--
|
|
|
Chandu141
Sr. Member
Offline
Activity: 395
Merit: 254
Your Campaign Manager!
|
|
June 13, 2018, 10:06:35 AM |
|
That person don't even know the records of Bitcoin adoption. one can check and learn Bitcoin is adopted and legalized in USA, russia, Japan, AUS, BRAZIL etc etc and other countries but not by china.. with this can we say these countries are controlling BTC? Fact is that the Ripple CEO don't even know China didn't even legalised Bitcoin .. just a foolish trick to degrade BTC and market his Ripple  |
|
|
|
Herbys
Jr. Member
Offline
Activity: 238
Merit: 6
|
|
June 13, 2018, 10:08:43 AM |
|
Can not 50% of all Bitcoin is in three companies - it's a fiction. With this package, you can control Bitcoin regardless of other factors, but this is not. I agree that there are a lot of investors from China, but they are not such big players. Ripple attracts attention, it's just marketing.  |
|
|
|
|
Umuoji
Jr. Member
Offline
Activity: 188
Merit: 1
|
|
June 13, 2018, 10:14:34 AM |
|
I dont believe that Bitcoin is controlled by China. 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
|
|
|
|
|
|
Kingofbitcoin12345
|
|
June 13, 2018, 10:19:50 AM
Last edit: June 13, 2018, 11:03:06 AM by Kingofbitcoin12345 |
|
What?? This is the dumbest story made obviously for black propaganda.. Desperate actions and statements to make them relevant in the ranking and looking at bitcoin as a hindrance to their popularity.. This is beyond insane,, it’s ridiculously untrue and full of biases.. As China as most hated country at this time,, have done tremendous move to discredit bitcoin since then..
CEO nowadays are politically chosen and not intelligently voted.. In short just total garbage..
|
|
|
|
|
Dexion
|
|
June 13, 2018, 10:21:25 AM |
|
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.
|
|
|
|
jancha
Newbie
Offline
Activity: 42
Merit: 0
|
|
June 13, 2018, 10:23:10 AM |
|
I think it is not possible to controlled by any government as it is decentralized.
|
|
|
|
|
avikz
Legendary
Offline
Activity: 3262
Merit: 1531
|
|
June 13, 2018, 10:26:38 AM |
|
Do you know that, Ripple doesn't qualify to be a crypto currency because it is centralized like Banks and that is the reason why Ripple can be partnered with Banks worldwide due to its transaction processing capability. Ripple doesn't have any characteristic to qualify as a decentralized crypto currency. So you can very well consider such statements by the ripple CEO coming from a centralized financial sectors similar to JMP CEO Jemie or Mr. Buffet. It's just an well though out plan to destroy the reputation of bitcoin and nothing else. This claim doesn't have any substance or documented proof. |
|
|
|
FrueGreads
Legendary
Offline
Activity: 1582
Merit: 1059
|
|
June 13, 2018, 10:27:46 AM |
|
Well I guess I understand what he is trying to say, but I don't really agree with him on most aspects. 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. It's because people in power don't want that to happen. Of course that bitcoin was made to disrupt that power, so they can't just ignore it, and will have to deal with it eventually.
As for mining centralization, is something that is real, but let's not forget that bitcoin adoption still didn't happen. If the interest in BTC increases, the interest in the mining industry will increase as well, and powerful companies in other countries can invest in mining if they wont, resulting in less centralization, so I don't think that's a real issue.
|
|
|
|
|
charlotte04
|
|
June 13, 2018, 10:32:21 AM |
|
This is the most ridiculous news that I have ever heard so far. But it can be possible if they owned atleast 40-50% of all Bitcoins, but I really doubt that. |
|
|
|
|
|
bittraffic
|
|
June 13, 2018, 10:36:47 AM |
|
The chinese government bann BTC long time ago, how in earth Garlington didn't know all these?
But then true BTC can be manipulated by those who owns a lot of it. They may not be chinese but they can cause the price to go up and down forcing those new investors to sell what they have. Garlinghouse just want to promote his XRP and this guy knew how to do it well.
|
|
|
|
|
|
kickdapa
|
|
June 13, 2018, 10:38:59 AM |
|
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, there will be no altcoin.
|
|
|
|
drwhobox
Full Member
Offline
Activity: 756
Merit: 133
- hello doctor who box
|
|
June 13, 2018, 10:42:52 AM |
|
I think it's kinda foolish to say that Bitcoin is controlled by China lol. Bitcoin can be manipulated by big whales and influential persons. Most cryptocurrencies are banned from entering China then how can it be controlled? He only wants us to buy some Ripple for thoes kind news.
|
|
|
|
|
|
