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Topic: Who controls the Bitcoins? - page 40. (Read 46446 times)

hero member
Activity: 966
Merit: 507
July 14, 2016, 06:32:37 PM
Actually on this capitalist world, markets have the last word in almost every thing that is worth something, and that is why we can observe such unexpected behaviors in the bitcoin price, because these days all the altcoins are only supported by markets to value its price and potential development.
sr. member
Activity: 504
Merit: 250
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July 14, 2016, 06:09:52 PM
The team who controling bitcoin is whales of any nationality , they control the price and if needed they act as one.. same old story! ^^
nothing controls bitcoins, there is no team, the price depends only on people whether they are willing to buy or they are selling, dont know any teams you talk about
legendary
Activity: 2436
Merit: 1008
July 14, 2016, 06:09:11 PM
The team who controling bitcoin is whales of any nationality , they control the price and if needed they act as one.. same old story! ^^

Not literally the bitcoin itself, but the bitcoin price. Yes I believe in here since they are the only who can start a panic whether panic buying or panic selling.

And if they succesfully bring the community in their started trend, the next will be the massive pump or dump.
hero member
Activity: 672
Merit: 500
July 14, 2016, 06:04:16 PM
The team who controling bitcoin is whales of any nationality , they control the price and if needed they act as one.. same old story! ^^
full member
Activity: 196
Merit: 100
July 14, 2016, 05:24:04 PM
I think that bitcoin now controlls mafia so i think that isrewson because many bitcoin sites arescam and they work on ponzi scheme element.If they are serious owners they would try to kove criminal thing from sites where yku can earn money with bitcoin.
hero member
Activity: 672
Merit: 500
July 14, 2016, 05:21:52 PM
No one, but rich investors who buy or sell to change the price of BTC at their own will. Thus, BTC is anonymous yet governed by individuals

The idea is that nobody is in control, and thus it's called decentralized. No entity can or should control the coin and with that it's future.
But by now we all know now some 'rich guys' a.k.a. Whales are using it for their own benefit. The game played by them will be played for many years, but eventually those big whales, will be small whales.
full member
Activity: 194
Merit: 100
July 14, 2016, 05:12:52 PM
all of us
hero member
Activity: 840
Merit: 501
July 14, 2016, 03:39:22 PM
No one, but rich investors who buy or sell to change the price of BTC at their own will. Thus, BTC is anonymous yet governed by individuals
legendary
Activity: 3010
Merit: 1280
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July 09, 2016, 11:39:48 AM
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?

From coindesk:
Bitcoin is a form of digital currency, created and held electronically. No one controls it. Bitcoins aren't printed, like dollars or euros – they're produced by people, and increasingly businesses, running computers all around the world, using software that solves mathematical problems.

Mostly adopter / Bitcoin Community especially whales control the course of Bitcoin.
sr. member
Activity: 252
Merit: 250
July 09, 2016, 11:14:54 AM
according to some people bitocn is control by china some says that japan has a strong hold over bitcoin. but i will like to say that no one is controlling bitocin and that is the beautiy of bitcoin.
hero member
Activity: 700
Merit: 500
July 07, 2016, 06:30:19 AM
some people says that China is controlling the bitcoin other says that Japan have a strong hold over bitcoin. but i do not believe on these statement. because i dont know that from where the people are estimating these result. my personal view is that the bitcoiner are controlling the bitcoin. if they give support to bitcoin i will certainly grow more and more.

The Chinese are just miners employed by the bitcoin community to secure the bitcoin network. They are just labour.
Yaa the chineses are just the miners. They are making bitcoins and keeping the bitcoin system running. I guess the bitcoiners themselves control the bitcoins as it is the peer to peer transaction. Every bitcoiner is keeping the system running and therefore no one specifically have control over it.
legendary
Activity: 2940
Merit: 1083
July 06, 2016, 04:22:38 AM
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?

whales from chinese is the leader of bitcoin price pump or dump.
i think chinese control bitcoin, maybe sathosi nakamoto come from chinese Roll Eyes

That is my answer also. Whales. Hehehe. Those who have a lot of bitcoin in their hand. Example are companies. Group of people who wants to invest a big amount. They can control it anytime if they want. For now they are silent
 Tasting the profit from last growth.
sr. member
Activity: 476
Merit: 250
July 06, 2016, 04:19:56 AM
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?

whales from chinese is the leader of bitcoin price pump or dump.
i think chinese control bitcoin, maybe sathosi nakamoto come from chinese Roll Eyes


Satoshi Nakamoto being Chinese. That's quite interesting.
Actually my first thought was that Satoshi is asian. Because of the name.
hero member
Activity: 672
Merit: 500
July 06, 2016, 04:00:45 AM
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?

whales from chinese is the leader of bitcoin price pump or dump.
i think chinese control bitcoin, maybe sathosi nakamoto come from chinese Roll Eyes
jr. member
Activity: 132
Merit: 2
MR06Q8ZM3194
July 06, 2016, 03:57:55 AM
some people says that China is controlling the bitcoin other says that Japan have a strong hold over bitcoin. but i do not believe on these statement. because i dont know that from where the people are estimating these result. my personal view is that the bitcoiner are controlling the bitcoin. if they give support to bitcoin i will certainly grow more and more.

The Chinese are just miners employed by the bitcoin community to secure the bitcoin network. They are just labour.
full member
Activity: 210
Merit: 100
June 26, 2016, 03:37:30 PM
some people says that China is controlling the bitcoin other says that Japan have a strong hold over bitcoin. but i do not believe on these statement. because i dont know that from where the people are estimating these result. my personal view is that the bitcoiner are controlling the bitcoin. if they give support to bitcoin i will certainly grow more and more.
legendary
Activity: 1176
Merit: 1024
June 26, 2016, 03:01:07 PM
People control the bitcoins by supply and demand, and people control the development by running nodes of certain software, so in other words people control the bitcoins, no single entity does just a lot of people involved.
OP is asking about the currency and it's not controlled by anyone except the person who owns those coins in the wallet. The price can be driven by the market and by supply and demand but it's not only the exchanges that are repsonsible for fluctuations. I don't know what you mean by 'lot of people involved'. It's not fiat but crypto currency.
full member
Activity: 210
Merit: 100
June 26, 2016, 12:17:48 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?
no one has control of BTC. because if there are much better because I can get to know her. whoever has control of BTC
sr. member
Activity: 504
Merit: 250
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June 26, 2016, 11:51:49 AM
Bitcoin is probably the only currency that is independent, that is why it is so attractive and good if you really think about it. It is not controlled by anyone, which is why it is so good.

Not to mention the fact that it's being not held by any authority is the reason why it'll be huge in the future, which is what I am personally really excited for.

hero member
Activity: 1568
Merit: 544
June 26, 2016, 11:49:34 AM
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?

We all are ofcourse  Cool
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