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Topic: Who controls the Bitcoins? - page 42. (Read 46446 times)

newbie
Activity: 28
Merit: 0
June 22, 2016, 04:58:04 PM
Internet
legendary
Activity: 1120
Merit: 1000
June 22, 2016, 04:52:52 PM
basicaly no one controls the bitcoin, as we know that bitcoin is decentralized it means there's no one cant controlls it, but based on fluctuating of the bitcoin's price i think there are several people who controls it, the speculators have controll of the bitcoin's price, it is too bad that the price very unstable, but i believe that the price will be stable if the market cap is higher, just my thought
hero member
Activity: 756
Merit: 500
June 22, 2016, 03:29:39 PM
well satoshi created bitcoin as a currency. but no one really controls it. btc come into the economy witht the help of the miners and they get a btc reward for mining a block.
member
Activity: 119
Merit: 100
June 22, 2016, 03:27:10 PM
Who control bitcoin i dont know but now they want to price get down more and they want to collect all bitcoins somebody can say them   eneugh .
legendary
Activity: 2114
Merit: 1040
A Great Time to Start Something!
June 22, 2016, 03:12:29 PM
Who controls the Bitcoins?
Hillary has people searching for ways to control our network, and you do not want to know what happens if they fail.  Shocked






















































hero member
Activity: 560
Merit: 500
June 22, 2016, 11:54:50 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?
as far as i know. is mr. satoshi nakamoto the control of BTC. he was also the creator of BTC. so he took control of BTC
sr. member
Activity: 336
Merit: 250
June 22, 2016, 02:23:48 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?

The person who created bitcoin is known with the alias of Satoshi Nakamoto. He created bitcoin with the concept of decentralization. Decentralization means going away from the center or having no center at all. This means that it is free from government control that entails private transaction.Bitcoin can never be controlled. It is not an official currency but it is a currency the moment someone accepts it as a mode of payment.
jr. member
Activity: 132
Merit: 2
MR06Q8ZM3194
June 22, 2016, 01:59:11 AM
as of today 80% of the bitcoins are controlled by chinese miners (correct me if im wrong).

You may say 80% of the newly mined bitcoin are controlled by the Chinese miners. But they have to sell to pay bills.
member
Activity: 90
Merit: 10
June 10, 2016, 04:22:51 AM
as of today 80% of the bitcoins are controlled by chinese miners (correct me if im wrong).
hero member
Activity: 644
Merit: 509
June 10, 2016, 03:47:28 AM
bitcoin not printed such as the dollar or euro and bitcoin is a digital currency, so no one control bitcoin.
many people say satoshi Nakamoto is the maker of bitcoin, but satoshi Nakamoto not the control bitcoin.
sr. member
Activity: 322
Merit: 250
June 10, 2016, 03:33:46 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?

I do not think there is control bitcoin, bitcoin is created by satoshi Nakamoto which until now unknown true identity. But that control bitcoin price I think there is, that some exchange often plays a bitcoin prices. Thank you
hero member
Activity: 3038
Merit: 526
Leading Crypto Sports Betting & Casino Platform
June 09, 2016, 09:55:12 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?
Some speculation about who controls bitcoin. But I believe no one to controls bitcoin. It will be tough to monitor bitcoin.

http://nakamotoinstitute.org/mempool/who-controls-bitcoin/
newbie
Activity: 56
Merit: 0
June 09, 2016, 09:51:52 PM
Bitcoin is the only currency that isn't controlled by anyone and hence the Government hates it as it's the users who control their own coins whether in a bitcoin bank or bitcoin wallet. They aren't regulated as well nor they are taxed which makes it a users driven currency unlike dollars.
sr. member
Activity: 406
Merit: 250
June 09, 2016, 09:45:42 PM
the controler of bitcoin is the users of it, because it base on the demand of users. It will helps if all of us will promote bitcoin in a lot of people who do not know about bitcoin
full member
Activity: 210
Merit: 100
June 09, 2016, 09:30:32 PM
No one controls bitcoin, but if mass number of people using bitcoin sell all their bitcoin it can have an effect on bitcoins price
sr. member
Activity: 364
Merit: 250
June 09, 2016, 08:34:31 PM
Nobody owns the Bitcoin network much like no one owns the technology behind email. Bitcoin is controlled by all Bitcoin users around the world. While developers are improving the software, they can't force a change in the Bitcoin protocol because all users are free to choose what software and version they use. In order to stay compatible with each other, all users need to use software complying with the same rules. Bitcoin can only work correctly with a complete consensus among all users. Therefore, all users and developers have a strong incentive to protect this consensus.

For more info try to read some FAQs from this site: https://bitcoin.org/en/faq#who-controls-the-bitcoin-network
hero member
Activity: 1372
Merit: 564
June 08, 2016, 02:56:53 AM
A japanese guy named satoshinakamoto is the head of bitcoins.And ofcourse as the head developer and head of  bitcoin network he can be able to manipulate bitcoins price because as a developer of a particular coin of course you' re the one holding the largest amount and quantity of your coin which you can use to manipulate bitcoins price
newbie
Activity: 42
Merit: 0
June 02, 2016, 03:03:20 AM
a japan create bitcoin

but no one can control the bitcoin now

if some hacker can hack it?





buy and sell blade and soul gold  we accept bitcoins
full member
Activity: 196
Merit: 100
June 02, 2016, 02:56:38 AM
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.
Everyone can see that this currency does just what it should be, and the greater its creator does not control transactions with Bitcoin.
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.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 02, 2016, 02:17:10 AM
No one. Bitcoin is a decentralized network, every one control bitcoin.

Maybe you should try to search some basic information about bitcoin Wink
That's the idea. Bitcoin is a decentralized network and everyone controls bitcoin. But is it absolutely true?

From what I know, the chinese miners are able to control the price of bitcoins whenever they want because they own a high amount of percentage of bitcoins and if they decide to dump, well, you know what's going to happen and if they decide to pump, well, pump it is!

Yeah bitcoin is decentralize and no one controlling it and maybe that is what satoshi nakamoto want no government,no taxes and no corruption happening in bitcoin since it was not link or hold by any goverment institution,  but actually we individuals  can manipulate the bitcoins price if we have big volume of btc in our pocket and i think thats bad because if some big investors will dump there coin well be affected because price might get down if they dump some big amount of it.
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