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Topic: Who controls the Bitcoins? - page 9. (Read 46400 times)

sr. member
Activity: 630
Merit: 251
January 24, 2017, 10:48:36 AM
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.
sr. member
Activity: 490
Merit: 250
January 24, 2017, 10:03:45 AM
We the users are responsible for anything that's taking place with bitcoin. Importantly developers were the one who keeps the system to function successfully.

no one can control the bitcoin, bitcoin unless the users themselves, so all users have the same opportunity in seeking to buy and own bitcoin was all done openly
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
January 24, 2017, 07:34:49 AM
We the users are responsible for anything that's taking place with bitcoin. Importantly developers were the one who keeps the system to function successfully.
hero member
Activity: 1134
Merit: 517
January 24, 2017, 07:22:34 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
And the bitcoin is not having such elements to be the legitimate currency, it's not about the controlling of bitcoin. So, bitcoin is so far being accepted by the government.
Not surely, even there are a lot of chances to controlling the network of bitcoin.
It is a wonder that there are people reasoning like this and yet they are in this forum and even participating in signature campaigns, does not the campaign managers go through all that?

Bitcoin is decentralized by nature, making it free from the control of anyone or group of persons, but that is on the premise that the community plays its role effectively and not go to sleep thinking all would be well. For anyone that is truly abreast with developments in this industry, the Chinese are fast cornering Bitcoin!
newbie
Activity: 33
Merit: 0
January 23, 2017, 11:58:05 AM
once it was unleashed it became uncontrollable. Smiley
full member
Activity: 267
Merit: 110
January 23, 2017, 11:38:07 AM
i think network on bitcoin or group of organizers which are experienced programmer too controls bitcoins.....
i think you should google it for perfect answer.....
sr. member
Activity: 357
Merit: 250
January 23, 2017, 11:32:30 AM
See bitcoin is decentralised so no single person controls it
no one can actually control bitcoins because controlling means that they can access  to the value of bitcoin and can set new ones 

china is having most of the bitcoins nd it seems that they would have the mojor role in the bitcoin world
   
sr. member
Activity: 1400
Merit: 283
January 23, 2017, 10:12:34 AM
No one can controll the bitcoin, because of how it is not centrelized in one place bitcoin can not be controlled by any party unlike the other currencies which have thier specific country, iy might be true that china has a large share of the mining power but it can't controll the whole bitcoin market
hero member
Activity: 910
Merit: 501
January 23, 2017, 10:00:21 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
Controls means you can do anytime if you want to move or manipulate the price, it is like a whales in the sports gambling where they can move the line if they want to. What we are seeing now is good despite the fact that prices can be manipulated, as long as we know how the price moves, we can always make a good decision not to sell and just hold it. If China controls bitcoin, so be it.

I think China does not fully control the Bitcoin but rather they have a major role in the world of Bitcoin. Even countries that have the largest Bitcoin volume is China. So China could have major implications for the world Bitcoin but could not really control it as they want like to be.

I think China (or any other industry nation) could take a massive influence to bitcoin price if they wanted to.
When you look at the current market capitalization of abot 16 billions, that is not very much compared to the money nations deal with.
They could buy and sell as much as they please and dictate by this the price behaviour of bitcoin.
hero member
Activity: 532
Merit: 500
January 23, 2017, 09:52:00 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
i thin China even cannot effect the price of bitcoin so easily, because bitcoin is not centralize currency, and is not under the control of a person, group of people or country, and it is now becoming more and more difficult because the number of bitcoin users are increasing and making bitcoin more and more stable.
hero member
Activity: 672
Merit: 500
January 23, 2017, 05:59:55 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
Controls means you can do anytime if you want to move or manipulate the price, it is like a whales in the sports gambling where they can move the line if they want to. What we are seeing now is good despite the fact that prices can be manipulated, as long as we know how the price moves, we can always make a good decision not to sell and just hold it. If China controls bitcoin, so be it.

I think China does not fully control the Bitcoin but rather they have a major role in the world of Bitcoin. Even countries that have the largest Bitcoin volume is China. So China could have major implications for the world Bitcoin but could not really control it as they want like to be.
hero member
Activity: 2954
Merit: 672
Message @Hhampuz if you are looking for a CM!
January 23, 2017, 12:52:14 AM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
Controls means you can do anytime if you want to move or manipulate the price, it is like a whales in the sports gambling where they can move the line if they want to. What we are seeing now is good despite the fact that prices can be manipulated, as long as we know how the price moves, we can always make a good decision not to sell and just hold it. If China controls bitcoin, so be it.
hero member
Activity: 1204
Merit: 500
January 22, 2017, 11:38:17 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
I think it is very difficult to control bitcoin, even for china. although they have a lot of bitcoin, but I think they can only give effect to make bitcoin prices declined. not only China that has many bitcoin, but there are many other countries that even have more bitcoin.
member
Activity: 70
Merit: 10
January 22, 2017, 11:23:45 PM
People is the one that controls the bitcoin on how it generated and become more in demand and on how it increases and decreases the value also.
And then I guess the on behind this bitcoin is a Chinese man, I am not sure with that though .
sr. member
Activity: 619
Merit: 250
January 22, 2017, 11:23:16 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
I still can be controlled by a group of people who have a great access to it. Currently, the Chinese have too many Bitcoin so it is no doubt that they have cause many significant effects to it and we can say that they are controlling Bitcoin in some ways.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
January 22, 2017, 11:16:50 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
Who can control a decentralized system, no one, right? We are here for that reason and we are getting the satisfaction we expected, if bitcoin will be govern by the rules of the government, we will definitely not gonna enjoy the same freedom we are experiencing now. We have to maintain bitcoin in this state as this is the only way to enjoy it's compete benefits of using it.
hero member
Activity: 1008
Merit: 501
January 22, 2017, 07:21:41 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
I think until whenever bitcoin could never be controlled. because bitcoin decentralization. so I was a little bit hesitant in the future is it bitcoin will be accepted by many countries or not?
legendary
Activity: 3290
Merit: 3011
BTC price road to $80k
January 22, 2017, 07:11:00 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
according to some people chinies are cotrolling bitcon, but i think they are  not and not any other person, grout of poele are any other start is controlling bitcoin, bitcoin is a decentralzed currey of the world and they do not have any statement.

Right it is decentralized and we can monitored our own wallet and our transactions. It can be control also by the developers where our transactions been used.
They can not control but they can destruct people from holding bitcoin to panic sell like the news in the china that we thought the big company or the big bitcoin farm will close and sell their all bitcoin.. but its not happening and i think there are some people who are holding a small amount of bitcoin sell all his bitcoin but his waiting for a long time for the price decrease so he made a story that can push people to sell bitcoin.. and now they are success and bought cheap bitcoin. but anyway its still just a normal because its always happening..
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
January 22, 2017, 06:57:18 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
according to some people chinies are cotrolling bitcon, but i think they are  not and not any other person, grout of poele are any other start is controlling bitcoin, bitcoin is a decentralzed currey of the world and they do not have any statement.

Right it is decentralized and we can monitored our own wallet and our transactions. It can be control also by the developers where our transactions been used.
legendary
Activity: 3136
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
January 22, 2017, 06:54:07 PM
If bitcoin can not be controlled, it is impossible to replace the official currency of a country. It is justified because the state had full interest to be able to control the currency. So I sure bitcoin can't controlled by anyone.
And the bitcoin is not having such elements to be the legitimate currency, it's not about the controlling of bitcoin. So, bitcoin is so far being accepted by the government.
Not surely, even there are a lot of chances to controlling the network of bitcoin.
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