i dont think anyone controlls it..... most of the people are saying that china controls it but i dont think so...... i think a huge number of invester and user of bitcoins are from china and most of the mining companies are from china which has a impact on its price but i dont think they control it.....
Yes,its true that when we were talking about who controls the bitcoin most of people accept that china controls the Bitcoin.Question is there any possibility china does controls the Bitcoin market?Answer should be wrong.Actually in China there very popular activity of bitcoins.Nothing else.
Topic: Who controls the Bitcoins? - page 8. (Read 46445 times)
i dont think anyone controlls it..... most of the people are saying that china controls it but i dont think so...... i think a huge number of invester and user of bitcoins are from china and most of the mining companies are from china which has a impact on its price but i dont think they control it.....
Yes,its true that when we were talking about who controls the bitcoin most of people accept that china controls the Bitcoin.Question is there any possibility china does controls the Bitcoin market?Answer should be wrong.Actually in China there very popular activity of bitcoins.Nothing else. 
Users and control pricing through the exchange BTC, BTC exchange transfer regardless of the organization or individual and, depending on who held the key priv
i dont think anyone controlls it..... most of the people are saying that china controls it but i dont think so...... i think a huge number of invester and user of bitcoins are from china and most of the mining companies are from china which has a impact on its price but i dont think they control it.....
It just looks like China is controlling it because of the reaction of bitcoin price whenever something is happening inside their ciountry. But it is actually all of us who can controk it. Try making a fuss about the largest holders of bitcoin or one exchange website and you can see a lot more than that.
Bitcoin was created by satoshi as a decentralized currency. But, since china has huge mining power, most of the bitcoins are mined by chinese miners.Obviously, chinese hold majority of bitcoins so that they could decide the price of bitcoin. For every small changes occuring in china related tl bitcoin, it has a world wide impact.Its not good for bitcoin progress. Unfortunately, we have to accept that china controls the Bitcoin.
How does china control Bitcoin? If you look at the mining charts, though several mining farm is located at china, it does not mean that chinese government own them. This are different company with different people. So there is no way that China is controlling bitcoin
Bitcoin was created by satoshi as a decentralized currency. But, since china has huge mining power, most of the bitcoins are mined by chinese miners.Obviously, chinese hold majority of bitcoins so that they could decide the price of bitcoin. For every small changes occuring in china related tl bitcoin, it has a world wide impact.Its not good for bitcoin progress. Unfortunately, we have to accept that china controls the Bitcoin.
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community
the fluctuation of btc on the market is pure from the bitcoin community
Right, and until whenever I think bitcoin will never be controlled by anyone. However, some people consider bitcoin is controlled by people who have large capital, and I think it's a little true since in several exchanger price is controlled by a person. Whether it's from the exchanger or from users who have bitcoin with large numbers in that exchanger as he can influence the price movement bitcoin in "exchangers" not globally. Thank you
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community
the fluctuation of btc on the market is pure from the bitcoin community
Right, and until whenever I think bitcoin will never be controlled by anyone. However, some people consider bitcoin is controlled by people who have large capital, and I think it's a little true since in several exchanger price is controlled by a person. Whether it's from the exchanger or from users who have bitcoin with large numbers in that exchanger as he can influence the price movement bitcoin in "exchangers" not globally. Thank you
there is no one know that who is controlling the bitcoin and there is no proof about the controlling of bitcoin and there is a lot of people says that china controlling the bitcoin but i think it wrong news.
Actually though China is unable to control the bitcoin but they are controlling the bitcoin market. A big issue recently had happened and that the reason why pboc of China investigates the Chinese exchangers. They are manipulating the market price and are faking their volumes. After the inspection the percentage of volume coming from China has lessened and it was a clear fact that they are faking their volume and has manipulating bitcoin price.
All the same, I hope that bitcoin is in the hands of users, rather than those who want financial freedom away again from people who gave the world cryptocurrency.
It is so interesting to see how many people believe someone is "controlling" things. I guess it is the way humans tend to think. It reminds me of all our history. In the past no one could fathom that the weather was largely random and invented Gods to make sense of things. I suppose they wanted to feel like they had a sense of control. "Maybe if I pray hard to the god who controls the weather he will help?" In reality no one controls the weather.
I think that is just human nature, it seems difficult for some to accept that things just happens and there is no reason for it, that is a very common thing that happens to those that survive terrible accidents and then they think they survived for a reason when in fact it was just luck. 
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community
the fluctuation of btc on the market is pure from the bitcoin community
Right, and until whenever I think bitcoin will never be controlled by anyone. However, some people consider bitcoin is controlled by people who have large capital, and I think it's a little true since in several exchanger price is controlled by a person. Whether it's from the exchanger or from users who have bitcoin with large numbers in that exchanger as he can influence the price movement bitcoin in "exchangers" not globally. Thank you
There are different levels of controls when it comes to Bitcoin, There are Bitcoin miners, Bitcoin nodes, and Bitcoin owners with private keys.
Bitcoin miners control which transactions they can accept and which they cannot, this doesn't mean they can do whatever they want, because they themselves are limited on applying things that they agree on all of them.
Bitcoin nodes are where the Bitcoin blockchain is stored, that is all of the transactions in Bitcoin history.
And finally Bitcoin owners with addresses and their corresponding private keys, these are the owners of the bitcoins located in these addresses, unlike all the previous levels of controls, where all the participants in controlling that level have to agree on something for it to be applied, this is not the case for Bitcoin owners, where they themselves on their own can move their bitcoin wherever they want by themselves.
Bitcoin miners control which transactions they can accept and which they cannot, this doesn't mean they can do whatever they want, because they themselves are limited on applying things that they agree on all of them.
Bitcoin nodes are where the Bitcoin blockchain is stored, that is all of the transactions in Bitcoin history.
And finally Bitcoin owners with addresses and their corresponding private keys, these are the owners of the bitcoins located in these addresses, unlike all the previous levels of controls, where all the participants in controlling that level have to agree on something for it to be applied, this is not the case for Bitcoin owners, where they themselves on their own can move their bitcoin wherever they want by themselves.
I don't find it hard when I started with bitcoin, we all start from newbie but our dedication will help us learn this things easily. It's not hard now because the information if free, it's written all over the internet and it's like a public library with comprehensive information on it. If one cannot understand that, then there's no way he can comprehend bitcoin easy.
But not everyone is dedicated especially when he is new in BTC. Alot of people are open-minded to hear about BTC, but will not dedicate their time to do their research simply because they are not convinced that it worth their time. These people need good reasons to spend time on reading about BTC. We need articles that raise their motivation in the positive meaning.
Everyone uses and learn is controlling Bitcoin
I don't find it hard when I started with bitcoin, we all start from newbie but our dedication will help us learn this things easily. It's not hard now because the information if free, it's written all over the internet and it's like a public library with comprehensive information on it. If one cannot understand that, then there's no way he can comprehend bitcoin easy.
But not everyone is dedicated especially when he is new in BTC. Alot of people are open-minded to hear about BTC, but will not dedicate their time to do their research simply because they are not convinced that it worth their time. These people need good reasons to spend time on reading about BTC. We need articles that raise their motivation in the positive meaning.
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community
the fluctuation of btc on the market is pure from the bitcoin community
Right, and until whenever I think bitcoin will never be controlled by anyone. However, some people consider bitcoin is controlled by people who have large capital, and I think it's a little true since in several exchanger price is controlled by a person. Whether it's from the exchanger or from users who have bitcoin with large numbers in that exchanger as he can influence the price movement bitcoin in "exchangers" not globally. Thank you
there is no one know that who is controlling the bitcoin and there is no proof about the controlling of bitcoin and there is a lot of people says that china controlling the bitcoin but i think it wrong news.
I agree with you, we knows that no one can controling bitcoin
the fluctuation of btc on the market is pure from the bitcoin community
Each cryptocurrency has it's own rules build in the code, for example bitcoin will stop creation after 21 million of bitcoins created. So there is no-one who controls bitcoin, that can change the code. Someone can change anything but it will be rejected form the other minors.
Jump to: