Quote from: bncbnc on June 17, 2018, 04:34:33 PM

Quote from: airdnasxela on June 17, 2018, 03:00:20 PM

Quote from: somacoin on May 08, 2016, 09:06:03 PM

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, I don't think China is controlling or ruling bitcoin. China has only a major part of bitcoin community like in the mining but I don't think they are controlling bitcoin. Controlling means you have a power over someone or something and China do not control bitcoin. Yes they have a big impact but again, they do not control bitcoin rather they are just one of indicators of the increasing and decreasing of the bitcoin's value.

Not a single country can control bitcoin, as bitcoin is not a centralized currency but still we should also accept the fact that they have big contribution in bitcoin market, and they may be effecting bitcoin market a lot, therefore their importance in bitcoin world cannot be ignore, they are contributing too much in bitcoin world.

True there is some people that are knowing the fact of it bitcoin are been controlled by many and if this is true that china has been do this also well we should be respect this for how the market are may affect for every single move they do.