Quote from: prtty2gal2 on August 07, 2016, 10:44:40 AM

Quote from: designerusa on August 07, 2016, 07:28:03 AM

absolutely, china is controlling everything ongoing events on bitcoin. Both mining companies and big enterprisers are chinese. for that reasons, they are affecting the prices.

No, China doesnt control bitcoin, no one controls bitcoin. Because the number of Chinese who are using bitcoin is too high and the fact that China has many mining companies and biggest mining power, everything they do would surely affect the price of bitcoin but that doesnt mean they own all the bitcoin and have a right to put a stop to it anytime they want.

Okay, the Chinese just having the power to affect bitcoin and not to control them but, whether the manipulating of the price by them is giving a significant effect for their energy to giving a large impact for bitcoin?