Quote from: cutesgirl on December 06, 2019, 06:59:42 PM

Quote from: Visbay on December 06, 2019, 05:34:40 PM

Quote from: wheelz1200 on December 04, 2019, 01:45:31 AM

Quote from: tinyteapot on December 01, 2019, 08:53:46 AM

Chinese people are highly industrious people, very hardworking is an understatement.
Most Chinese citizen has bitcoin mining farm when the going was good, the largest number of such industry exists only in China.
Does China Control Bitcoin? China dominates bitcoin and can easily determine its fate and that is the major reason behind the spike in btc price whenever the Chinese president says anything about it unlike other world powers.

I disagree with china can determine the fate of bitcoin. There is a large user population outside of china. China has banned and unbanned bitcoin more than I can follow. Bitcoin kept plugging down the road, china can do what they want it wont affect the long term viability of bitcoin

Yes China use to do this, they most of time used to do this like they ban and unban China so many times but it used to happen with when people start using bitcoin more than fiat or their national currency so the government gets worried but I think in progress of bitcoin China use to play vital role if they keep using and people keep investing.

Yeah China can control with bitcoin price because their announcement can make many bitcoin investor around the world allow with their suggestion, maybe last month when China president make announce for legal using bitcoin price is up but waiting when bitcoin banned in China bitcoin price will down, but I miss when China want to announce again for adopting bitcoin as legal payment.

It gets old, yeah in 2015 ish it used to make waves in the price but less and less these absurd announcements go unnoticed. There is only so many times they can ban and unban it before the wolf cry means nothing.