Topic: Who controls the Bitcoins? - page 43. (Read 46426 times)
Bitcoin has no central authority like the Federal Reserve or the ECB to control it , however miners play a role here, and the majority of them is located in China. Having said that, even those miners in China cannot decide for bitcoin, so just because it has no central authority its value is declared by the people using it, they decide how much its worth it and that is the part where you can see that the Bitcoin is the best currency out there yet.
I think there is no control of bitcoin, But if you have a very large amount of bitcoin you can manipulate it, you can bringdown the price of it
The only way he will be able to do that, is if he has the money to buy it or all the mining farms. In my opinion, he will not become the president of the United States, if that is what you are implying. He could not control all Bitcoins, even if he became the president.
Most mining farms are located in China and other countries, not under the control of the United States. So this will not be possible, even if he wanted to own it
Most mining farms are located in China and other countries, not under the control of the United States. So this will not be possible, even if he wanted to own it
No one. Bitcoin is a decentralized network, every one control bitcoin.
Maybe you should try to search some basic information about bitcoin
That's the idea. Bitcoin is a decentralized network and everyone controls bitcoin. But is it absolutely true? Maybe you should try to search some basic information about bitcoin
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!
No one. Bitcoin is a decentralized network, every one control bitcoin.
Maybe you should try to search some basic information about bitcoin
That's the idea. Bitcoin is a decentralized network and everyone controls bitcoin. But is it absolutely true? Maybe you should try to search some basic information about bitcoin
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!
No one. Bitcoin is a decentralized network, every one control bitcoin.
Maybe you should try to search some basic information about bitcoin
Maybe you should try to search some basic information about bitcoin
Who are the big controllers of bitcoin? is it a company? is it a person? or it is the creator? In fact for all of us the most controllers are the huge companies that being controlled of a giant person on industries. If someone holds 25% of bitcoin for the whole quantity he/she can control it dump it
pumped it so they can earn from it.
Honestly i heard chinese miners can control the price of bitcoin because they holding a lots of bitcoin and they have a largest bitcoin farm.. so i think chinese can control bitcoin.. pumped it so they can earn from it.
Who are the big controllers of bitcoin? is it a company? is it a person? or it is the creator? In fact for all of us the most controllers are the huge companies that being controlled of a giant person on industries. If someone holds 25% of bitcoin for the whole quantity he/she can control it dump it
pumped it so they can earn from it.
pumped it so they can earn from it.
Of course the creator of bitcoin.It is Satoshi Nakamoto if it is real.The developer always controls the quantity of a crypto currency.Or if someone have the 50% of its volume maybe he can manipulate the price but not the whole bitcoin.But still anyone can control bitcoin if you have some.
Hope your quetion is answered.
Hope your quetion is answered.
There is a difference between Bitcoin getting regulated by the government of a country and directly controlling and enforcing the way Bitcoin is developed. I think regulation of Bitcoin means it's recognized as a legitimate digital currency but the government officials can't meddle into the development of the core client. Bitcoin is by design a decentralized system so no one can exert control over it. Also there are multiple people involved in the development so no individual can make all the important decisions by himself/herself.
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 controls Bitcoin. Bitcoin is the first decentralised currency. Not one individual or party controls all of Bitcoin. Me, you and everyone who actively participates in Bitcoin, indirectly controls the currency. We together discern the course of Bitcoin over time. Who controls the course of Bitcoin?
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 also do not know who controls the Bitcoin the only thing I know is that Satoshi is the creator of it the rest is unknown for me. I have heard a couple of times that China controls it but I am not sure about that. Who controls the course of Bitcoin?
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 controls Bitcoin. Bitcoin is the first decentralised currency. Not one individual or party controls all of Bitcoin. Me, you and everyone who actively participates in Bitcoin, indirectly controls the currency. We together discern the course of Bitcoin over time. Who controls the course of Bitcoin?
Ha ha, who control bitcoin 
I'll tell you who actually control bitcoins.
It's controlled by =>Mr Nobody <= can you see what is in between the two opposite arrow?
Those are the people who have control/influence on bitcoin.
Thank
I think no one can control the performance and regulation of bitcoin, bitcoin is decentralized so no one else can do that. if the effects of bitcoin users certainly have an important role for external controls on prices and so on. but basically no people control bitcoinI'll tell you who actually control bitcoins.
It's controlled by =>
Those are the people who have control/influence on bitcoin.
Thank
I totally agree with you mate, bitcoin is very difficult to control all of about it. Because bitcoin is anonymous and no one can really control bitcoin. Some country can prohibit their national citizens but that country can't really control the activities of bitcoin too much.
Im very agree with that to nobody controlling bitcoin thats why it remains their andnits unstable because anyone can manipulate its price and thats very good and if happen tht someone is controlling bitcoin well we cannot have halving and price will remain steady,
Ha ha, who control bitcoin
I'll tell you who actually control bitcoins.
It's controlled by =>Mr Nobody <= can you see what is in between the two opposite arrow?
Those are the people who have control/influence on bitcoin.
Thank
I think no one can control the performance and regulation of bitcoin, bitcoin is decentralized so no one else can do that. if the effects of bitcoin users certainly have an important role for external controls on prices and so on. but basically no people control bitcoinI'll tell you who actually control bitcoins.
It's controlled by =>
Those are the people who have control/influence on bitcoin.
Thank
I totally agree with you mate, bitcoin is very difficult to control all of about it. Because bitcoin is anonymous and no one can really control bitcoin. Some country can prohibit their national citizens but that country can't really control the activities of bitcoin too much.
Its controlled by MATH...... so basically the chinese
Yes, put it in a different way more than the 80% of mining activities are run in China. That can be a problem in terms of security even though I believe there can't be a joint effort regarding a 51% attack or all these guys will lose their money.
However, it is problem if we want to see the big picture.
Ha ha, who control bitcoin
I'll tell you who actually control bitcoins.
It's controlled by =>Mr Nobody <= can you see what is in between the two opposite arrow?
Those are the people who have control/influence on bitcoin.
Thank
I think no one can control the performance and regulation of bitcoin, bitcoin is decentralized so no one else can do that. if the effects of bitcoin users certainly have an important role for external controls on prices and so on. but basically no people control bitcoin I'll tell you who actually control bitcoins.
It's controlled by =>
Those are the people who have control/influence on bitcoin.
Thank
If you mean by controling the bitcoin its price, then it is supply and demand which control it.
Bitcoin is a decentralized currency so every one who run a node, every miner and every holder, are sharing the control in somehow
Bitcoin is a decentralized currency so every one who run a node, every miner and every holder, are sharing the control in somehow
In theory this is pretty correct, but in practice big miner companies and speculators do have a significant power over the price of the currency and it's own supply and demand. hence we can say they have a level of control over bitcoin.
No one and everyone. But only if you has bitcoin in wallet you have some control. Its the people currecny and there is no control of Govt. Over it.
Its controlled by MATH...... so basically the chinese
If you mean by controling the bitcoin its price, then it is supply and demand which control it.
Bitcoin is a decentralized currency so every one who run a node, every miner and every holder, are sharing the control in somehow
Bitcoin is a decentralized currency so every one who run a node, every miner and every holder, are sharing the control in somehow
In theory this is pretty correct, but in practice big miner companies and speculators do have a significant power over the price of the currency and it's own supply and demand. hence we can say they have a level of control over bitcoin.
No one and everyone. But only if you has bitcoin in wallet you have some control. Its the people currecny and there is no control of Govt. Over it.
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