Who controls the Bitcoins? - page 41.

Bostonias

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Quote from: ning_chang on June 26, 2016, 11:41:47 AM

Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

for my opinion. is mr. Satoshi nakamoto the control of BTC. because without satoshi nothing BTC. but it is not important who is control of BTC matters affecting us earn free

Satoshi has nothing to do with bitcoin now apart from his 1 million bitcoin holdings. He does not affect the operation direclty.

ning_chang

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Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

for my opinion. is mr. Satoshi nakamoto the control of BTC. because without satoshi nothing BTC. but it is not important who is control of BTC matters affecting us earn free

cluit

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Quote from: BitcoinPC on June 25, 2016, 06:28:49 AM

Quote from: chineseprancing on June 23, 2016, 05:06:50 AM

I think no one controls bitcoins unless a massive number of people that buy bitcoin in the same time. Maybe it can pump bitcoins price high

Bitcoin Cannot be controlled by anyone. Although now a days Chinese are buying in bulk at the same time and selling also in bulk at the same time . Due to this we are seeing serious increase and decrease in the prices of bitcoins.
Other than this, Bitcoin has been made in such a way that no one can control it. Only the people who possess bitcoin in their wallets are the real owners of it.

Yes I think the same bitcoin is controlled by everyone who has some mining power. It is like energy transformed from one person to another. But I personally think bitcoin can not be controlled.

justdimin

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Quote from: Nouelle-Hunter on June 25, 2016, 09:18:23 AM

I think if youre referring to smething olike head of bitcoins. theres none.. Its the market of bitcoin that may have affect the price of bitcoin

Whilst there might be no 'head of bitcoins' who control the bitcoins entirely, there are a group of people who have the ability or the capacity to change the value of bitcoin on their will. The Chinese bitcoiners for example, they have a large portion of the total amount of bitcoins in circulation which means they have quite an influence to the value of bitcoin whether they dump or pump.

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I think if youre referring to smething olike head of bitcoins. theres none.. Its the market of bitcoin that may have affect the price of bitcoin

harizen

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Quote from: ning_chang on June 25, 2016, 06:54:18 AM

Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

of course. someone control bitcoin. because if there is no control of bitcoin not high price of bitcoin or not dropped his price. in fact never takes the bitcoin if no one controls it,

No. Someone didn't have a control in all bitcoin as a whole.

The one you are talking about is the price manipulators and a so called big whales. They're not controlling bitcoin but rather the bitcoin price since they are the one who always starting a trend in big exchanges.

From Above

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To keep it short and to the point, answering the threads' title,

I do control my Bitcoins. I control my private keys. There's nobody in the world who knows my keys. Nobody can access my little BTC stash.

~CfA~

thejaytiesto

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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.

Hellacopter

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Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

There is no control mate, Bitcoin is decentralized currency , and that's why it's different than the other used currencies worldwide.

ning_chang

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Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

of course. someone control bitcoin. because if there is no control of bitcoin not high price of bitcoin or not dropped his price. in fact never takes the bitcoin if no one controls it,

BitcoinPC

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Quote from: chineseprancing on June 23, 2016, 05:06:50 AM

I think no one controls bitcoins unless a massive number of people that buy bitcoin in the same time. Maybe it can pump bitcoins price high

Bitcoin Cannot be controlled by anyone. Although now a days Chinese are buying in bulk at the same time and selling also in bulk at the same time . Due to this we are seeing serious increase and decrease in the prices of bitcoins.
Other than this, Bitcoin has been made in such a way that no one can control it. Only the people who possess bitcoin in their wallets are the real owners of it.

skyway1

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i think no one can control the bitcoin ,it can control just network of bitcoin .

asriloni

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bitcoin controlled by the holder itself different with the price which controlled by those who have many bitcoin to be honest,bitcoin is decentralized so even a country trying to make a regulation against it,it seems only effective on their area

jerowacik

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no single person can control the bitcoin. bitcoin is controlled by its users and large because bitcoin users. bitcoin governed by its role. increasingly used the bitcoin will be even greater.

chineseprancing

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I think no one controls bitcoins unless a massive number of people that buy bitcoin in the same time. Maybe it can pump bitcoins price high

adam48

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Quote from: rphk on June 23, 2016, 01:52:15 AM

as i know no one controls bitcoin , bitcoin price raises as the demand is more , when no demand it starts falling.

yeah right, no one controls bitcoin, even the creator of bitcoin was anonymous. but that price controls may be great whales, mostly from china

AsdQ89

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Check this wiki, that IMO explains this question in great detail.

https://en.bitcoin.it/wiki/Controlled_supply

rphk

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as i know no one controls bitcoin , bitcoin price raises as the demand is more , when no demand it starts falling.

Enotche

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With the same success you can ask who owns the e-mail or the Internet.

Bitcoin does not belong to anyone. This technology can be used by anyone who follows the rules of the currency.
It is not controlled by any central bank, and the person who first suggested using Bitcoin, for several years makes itself felt.

Now it is done by independent developers. That is Bitcoin was the so-called open source software, which is a free download and use at its discretion.

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Quote from: PhilipPens on February 09, 2016, 04:15:29 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?

Bitcoin is decentralized. No one controls all of bitcoins. Only you can control your own bitcoin. Bitcoin was created by Satoshi Nakamoto. You can search it in the internet.

Topic: Who controls the Bitcoins? - page 41. (Read 46446 times)