Pages:
Author

Topic: Who controls the Bitcoins? - page 15. (Read 46445 times)

full member
Activity: 239
Merit: 250
January 12, 2017, 02:27:43 PM
That Chinese companies have a greater interest on the bitcoin mining. Their blocks is that they are in control, and so I think that world domination is over bitcoin comes to Chinese users. But it seems that their desire to create a national cryptocurrency can change all parameters at cryptocurrency markets.
full member
Activity: 179
Merit: 100
January 12, 2017, 02:13:44 PM
Everbody say "Bitcoin is decentralized money.It is advantages etc. But in fact, I think it isn't advantages It might turn easily to disadvantages because The world is circulate Smiley Everybody cant use Exchanges same time. It is historical experience of Money. This is another reason why people didnt using same money. It might be manupilate easily. I know it is traditional idea but on the one hand It is true
This is true. But why are still talking about bitcoin bank, which in the future can take on all management issues bitcoin. This violates the basic rule of confidentiality.
full member
Activity: 154
Merit: 100
January 12, 2017, 02:01:51 PM
Everbody say "Bitcoin is decentralized money.It is advantages etc. But in fact, I think it isn't advantages It might turn easily to disadvantages because The world is circulate Smiley Everybody cant use Exchanges same time. It is historical experience of Money. This is another reason why people didnt using same money. It might be manupilate easily. I know it is traditional idea but on the one hand It is true
full member
Activity: 179
Merit: 100
January 12, 2017, 01:54:05 PM
I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china
you are right that a huge investor of bitcoin from china but there is not any proof that china controlling the bitcoin and i think no one know confirm that who controlling the bitcoin.
This is true and I totally agree with you that it is the Chinese have more control over Bitcoin, but the technology needs to be improved, and the amount of units that the Chinese do not have enough, because all transactions with bitcoin are problems. This trend may change.
hero member
Activity: 896
Merit: 514
January 12, 2017, 01:44:02 PM
I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china
you are right that a huge investor of bitcoin from china but there is not any proof that china controlling the bitcoin and i think no one know confirm that who controlling the bitcoin.
sr. member
Activity: 251
Merit: 250
January 12, 2017, 01:29:51 PM
Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police.  Grin Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle)

    I suppose you are right. As the motto of a popular web wallet says "be your own bank". So, has anyone think what would happen if tomorrow there were no banks, and people were responsible to be customer and bank at the same time? If we really want to be free without someone control our money we must educate ourselves. There is no reason to trade with btc. We can use it according the vision of his creator; that is as a payment system to buy/sell goods and services.
We still have got that there is no control by the authorities of our countries. I think that would be possible, it would have already done it.
sr. member
Activity: 406
Merit: 252
Veni, Vidi, Vici
January 12, 2017, 01:20:54 PM
Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police.  Grin Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle)

    I suppose you are right. As the motto of a popular web wallet says "be your own bank". So, has anyone think what would happen if tomorrow there were no banks, and people were responsible to be customer and bank at the same time? If we really want to be free without someone control our money we must educate ourselves. There is no reason to trade with btc. We can use it according the vision of his creator; that is as a payment system to buy/sell goods and services.
full member
Activity: 154
Merit: 100
January 12, 2017, 07:56:55 AM
I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china
After seeing the plummeting price of bitcoin, I now believe that there is a controlling bitcoin, logically if the price is formed naturally, certainly will not be as fast as prices down. And now the price under $800 or in 4 days down about 27%. I very sad look this.
full member
Activity: 224
Merit: 100
January 12, 2017, 05:38:44 AM
Who is behind the rise in the price of the end of the year 2016 and the fall in the price of the bitcoin on earlier this year? of course they are the majority owner of the bitcoin. I am not surprised, the price will soon go back to $1.000. Don't panic friends.
member
Activity: 83
Merit: 10
January 12, 2017, 04:58:36 AM
I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china
sr. member
Activity: 350
Merit: 250
January 12, 2017, 04:53:22 AM
As a matter of fact, there's no one who controls the bitcoin.
But I think, China has a big influence in the price of bitcoin.
sr. member
Activity: 476
Merit: 250
January 12, 2017, 04:51:55 AM
I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
More than 70% of bitcoin transaction is traded using yuan. Two things that can make the group in china can not control bitcoin again is the circulation and deployment of bitcoin.
I do not know where the data it can get, but if it's true. bitcoin turnover volume most in china market, china certainly have the largest bitcoin users. and of course china policy could give effect to the bitcoin itself
full member
Activity: 210
Merit: 100
January 12, 2017, 03:53:32 AM
To know the story of biitcoin there are many articles who published its root or where and how does bitcoin begun.
And if you do not want to  there were uploaded videos a documented one regarding bitcoin's beginning.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
January 12, 2017, 02:52:48 AM
nobody has control over bitcoins .it is totally anonymous and it actually runs on an algorithm and people have started accepting it as currency in their way and starting valuing them thats y it is in this world it has so much important.
Yes you are right, but if there is someone has so many amount of bitcoin to influence bitcoin price is really possible. Bitcoin is mostly traded using chinese yuan. So I think china is control it.
China is really having a big influence on the price of bitcoin and it does have many traders as well as miners. But the thing is that not China nor the people in it controls bitcoin, even bitcoin's inventor is still remain a myth to us, so it does seem that China is the big boss but no, nobody controls bitcoin, not us nor China nor aliens Grin

Yes it is has a big influence on the bitcoin and we can really see this at the price right now, I think that we should do something against it...really.
yeah it is because China has a total bitcoin users is very large. so that when users in the country to do something that would give effect to the bitcoin, because in truth bitcoin is controlled by the users themselves

As quoted every user is responsible for the price movement that's been taking place in relation to the time. As China has the largest population of bitcoin users than other parts of the world, change in regulations on china makes a big variation in bitcoin than the users from the rest of the world.
sr. member
Activity: 714
Merit: 250
January 12, 2017, 02:47:41 AM
I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
More than 70% of bitcoin transaction is traded using yuan. Two things that can make the group in china can not control bitcoin again is the circulation and deployment of bitcoin.
full member
Activity: 224
Merit: 100
January 12, 2017, 01:25:57 AM
I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
hero member
Activity: 2856
Merit: 667
January 12, 2017, 12:00:51 AM
Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police.  Grin Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle)

I agree its a wild west, no police that is watching it, we ourselves are some how controlling it as buyers and sellers.



Yeah there is no control in bitcoin or there is no great power that controls it. It's supply is limited and even with that no one is controlling it. Bitcoin is more of a freedom and that's why everyone loves it. Buyers and sellers are even happy because there is no taxation for it but that's why big people are taking advantage of this, they can do hoarding which has an effect to the whole bitcoin economy.
We are definitely enjoying the freedom to transact by using our bitcoin, no law to comply so we do not break any law. What's best with bitcoin is in a matter of seconds, transaction can be done and we do not need to know each other as it's anonymous, what we are doing is we trust each other.

Honestly, I gotta say that I'm a gambler and it's the best experience so far when I began to gamble with bitcoin.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
January 11, 2017, 07:33:15 PM
Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police.  Grin Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle)

I agree its a wild west, no police that is watching it, we ourselves are some how controlling it as buyers and sellers.



Yeah there is no control in bitcoin or there is no great power that controls it. It's supply is limited and even with that no one is controlling it. Bitcoin is more of a freedom and that's why everyone loves it. Buyers and sellers are even happy because there is no taxation for it but that's why big people are taking advantage of this, they can do hoarding which has an effect to the whole bitcoin economy.
legendary
Activity: 2296
Merit: 1014
January 11, 2017, 07:11:42 PM
Who in the world controls the bitcoin? I don't understand where it appeared and how it began to be one of the official currencies?
Who controls the course of Bitcoin?
There is a long way for you my friend. Learn Learn Learn.
Read but if you don't like reading articles etc. watch bitcoin documentaries. Its fun way to learn basics about bitcoin.
Anyway, noone controls bitcoin. It appeared from chaos, its true revolution.
sr. member
Activity: 672
Merit: 250
January 11, 2017, 06:13:23 PM
nobody has control over bitcoins .it is totally anonymous and it actually runs on an algorithm and people have started accepting it as currency in their way and starting valuing them thats y it is in this world it has so much important.
Yes you are right, but if there is someone has so many amount of bitcoin to influence bitcoin price is really possible. Bitcoin is mostly traded using chinese yuan. So I think china is control it.
China is really having a big influence on the price of bitcoin and it does have many traders as well as miners. But the thing is that not China nor the people in it controls bitcoin, even bitcoin's inventor is still remain a myth to us, so it does seem that China is the big boss but no, nobody controls bitcoin, not us nor China nor aliens Grin

Yes it is has a big influence on the bitcoin and we can really see this at the price right now, I think that we should do something against it...really.
yeah it is because China has a total bitcoin users is very large. so that when users in the country to do something that would give effect to the bitcoin, because in truth bitcoin is controlled by the users themselves
Yet, something went ridiculous in China. They have so many issues, hope it's not true. I have lose so much money, actually in our country because of what happned. Whatever happens, do not afrraid to hold your btcn yet some people said it's ponzi scheme. In my own opinion, btw will rise soon, don't believe on something that has no proofs, also read about btc news.
Pages:
Jump to: