Topic: Who controls the Bitcoins? - page 25. (Read 46401 times)
Who? Its the big whales are the ones who controlling bitcoin. When they dump their holdings. The bitcoin may affects the price of bitcoin. China i think is one of the biggest bitcoin holders in the world. In terms of mining, they are the biggest bitcoin mined. So i think if china denied to use bitcoin in the future. I think were doomed. Many will get panicked and sell their bitcoins that will be a big impact at the price.
No one really controls bitcoin but there are some parties who hold a lot so they must have some influence in different places, for example the Chinese are mining it and many other btc whales can manipulate the altcoin markets pretty heavily by placing large buy or sell orders.
You are telling about altcoin or bitcoin, even if their are big miners or whales not that much manipulation can happen as they itself dont want to ruin the market of bitcoin by dumping the bitcoin in all in exchanges and affecting the bitcoin price. and as per i know bitcoin is a free to earn through software or hardware algorithm system. so anyone can mine and earn it
No one really controls bitcoin but there are some parties who hold a lot so they must have some influence in different places, for example the Chinese are mining it and many other btc whales can manipulate the altcoin markets pretty heavily by placing large buy or sell orders.
Certainly interesting when assumptions and questions who can control the bitcoin can be known. One of the things that makes this exciting is bitcoin none of people who can control the bitcoin. If you've got 51% of the stock of the bitcoin, are you could control the bitcoin? If you have 51% stock of the bitcoin, try to sell all, and I'm sure the price will not go down like stocks.
Well users control bitcoins right? That's why some are saying that bitcoin is free!
I think control is not the right word for us, but we are the ones who are contributing for whatever is happening to bitcoins economy. And the people who are having the highest contribution are those so called 'whales' in bitcoin. Those people are holding thousands of bitcoins in their cold storage and every single move they are making has an effect to the bitcoin society.
Ya it is true that bitcoin is free and their is no one who controls it, it is generated through algorithm software and who ever is having it in wallet with private key is the owner of the bitcoin. As it is free coin which can be generated by anyone so no one is the controller of bitcoin
Definitely for investors it can really help them to increase their earnings and not able to report it to the tax authorities.
Well users control bitcoins right? That's why some are saying that bitcoin is free!
I think control is not the right word for us, but we are the ones who are contributing for whatever is happening to bitcoins economy. And the people who are having the highest contribution are those so called 'whales' in bitcoin. Those people are holding thousands of bitcoins in their cold storage and every single move they are making has an effect to the bitcoin society.
Ya it is true that bitcoin is free and their is no one who controls it, it is generated through algorithm software and who ever is having it in wallet with private key is the owner of the bitcoin. As it is free coin which can be generated by anyone so no one is the controller of bitcoin
Well users control bitcoins right? That's why some are saying that bitcoin is free!
I think control is not the right word for us, but we are the ones who are contributing for whatever is happening to bitcoins economy. And the people who are having the highest contribution are those so called 'whales' in bitcoin. Those people are holding thousands of bitcoins in their cold storage and every single move they are making has an effect to the bitcoin society.
Who controls the course of bitcoin? You mean the fate of what it will become eventually?
It would be us. The ones who are using it and also what we choose to do with it.
If we use it on a daily basis then that will encourage retailers to notice this and then allow us to use them to purchase their goods and services that they offer.
If they choose not too then they don't know how much they are losing out by ignoring bitcoin as a whole and just refusing to accept it as a form of payment.
It would be us. The ones who are using it and also what we choose to do with it.
If we use it on a daily basis then that will encourage retailers to notice this and then allow us to use them to purchase their goods and services that they offer.
If they choose not too then they don't know how much they are losing out by ignoring bitcoin as a whole and just refusing to accept it as a form of payment.
Well users control bitcoins right? That's why some are saying that bitcoin is free!
I control it if you think it's wonderful and want to praise it. If you hate Bitcoin and want to lodge a complaint it's the guy above me. 
He's the one you're looking for.
He's the one you're looking for. 
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.I'm afraid it is a way more than that
It is whispered that the Chinese miners collectively have more than 50% of hashing power. Specific figures differ between "analysts" but almost all of them agree that major Chinese mining pools could easily carry out a 51% attack if they chose to do so by putting together their hashing power. Such an attack could allow, among other things, massive double spends that would effectively render Bitcoin useless and ultimately ruin it. I'm not going to say that they will necessarily go for it, but I'm still heavily inclined to suspect that this is a little more than just holding a pile of bitcoins you talk about
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.Even government has no power to control bitcoin.. for now but i do not know what will happen in the future..
all of us, we don't know what will happen in the future but for me bitcoin will stay on its feature which is being decentralized and the government still don't have a privilege to take in control of bitcoin so that we also still have our freedom. that is what I'm hoping for bitcoin.
Even china is number one or has largest bitcoin farm we can not still consider it that they can control bitcoin but they can dump their bitcoin and the price of bitcoin could be affected. if he sell or dump it all..
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.If we take into consideration the population of China with 1.37B people being the official estimate, it may turn out that Bitcoin might not be so much popular there as, for example, in Europe or in the US. Besides, we should also not forget that the Chinese people are not very prosperous all in all, and there may be a small or even tiny group of Bitcoin rich individuals with the rest of population never having had a single satoshi in their entire life.
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.Even government has no power to control bitcoin.. for now but i do not know what will happen in the future..
all of us, we don't know what will happen in the future but for me bitcoin will stay on its feature which is being decentralized and the government still don't have a privilege to take in control of bitcoin so that we also still have our freedom. that is what I'm hoping for bitcoin.
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
.Even government has no power to control bitcoin.. for now but i do not know what will happen in the future..
China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.
yes china might have a big influence to bitcoin and they have the most bitcoin miners but that actually doesn't that they are controlling the bitcoin as what you have said it is decentralized no one ever has a control of it even those early adopters or maybe even Nakamoto the creator of this wonderful creation I don't know
. 
Maybe the big holders of bitcoin controls it because they know how to manage their coins and they have big capital to control the price. Nothing we can do for that because we are small investors of bitcoin that we wait the price goes up to get profits.
Jump to: