Quote from: Seansky on September 19, 2017, 09:43:31 AM

Quote from: Mtoo on September 18, 2017, 04:55:11 PM

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

Even if it is made clear that Chinese have higher amount of bitcoins before the dump happened, maybe it is also clear now that many bitcoin has been sold by Chinese therefore it is not that clear now whether if Chinese is still the one with more bitcoin or another country has a lot more btc now. We will know for sure if another bad news from China will be seen a week or month from now.

Yes,since most of bitcoins held by chinese were sold earlier when china banned ICOs and regulated bitcoin exchanges which resulted in its price fall last week.But as most of it were bought by investors from other countries,soon its price recovered and its price reached $4,000.But now,we exactly don't know whether now china still have lion's share of bitcoin or not.Now,the only factor for which still bitcoin is depending upon china is the large number of mining farms located still in china.If we have more mining farms in other parts of world too,then bitcoin would get completely free from depending on china.