lexuz
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August 27, 2016, 04:21:24 PM |
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No one can control bitcoin. There is nothing official about bitcoin. But exception everyone can control they're own bitcoin. Bitcoin are created algorithm defined by software which people running on their computers.
Very timely, indeed to the problems of the system or Admin. Bitcoin did not provide such access to everyone including the makers of the bitcoin himself (satoshi Nakamoto). So bitcoin is a currency which is very safe and are rarely exposed to cheat or anything else. except for chat that is not visible or did not need to be answered Exactly, bitcoin are safe to use but a lot of bad news which says that bitcoin is not safe, that in fact it was not safe because all the fault of bitcoin user who has been hack because the fault of his own.
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goinmerry
Legendary
Offline
Activity: 2940
Merit: 1083
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August 27, 2016, 04:31:21 PM |
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No one can control bitcoin. There is nothing official about bitcoin. But exception everyone can control they're own bitcoin. Bitcoin are created algorithm defined by software which people running on their computers.
Very timely, indeed to the problems of the system or Admin. Bitcoin did not provide such access to everyone including the makers of the bitcoin himself (satoshi Nakamoto). So bitcoin is a currency which is very safe and are rarely exposed to cheat or anything else. except for chat that is not visible or did not need to be answered Exactly, bitcoin are safe to use but a lot of bad news which says that bitcoin is not safe, that in fact it was not safe because all the fault of bitcoin user who has been hack because the fault of his own. Whatever they say that is bad is really the good ones. That is the government talking through and it wont do you good, that is only for them. They want to fight everything that can make you out of control.
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socks435
Legendary
Offline
Activity: 2030
Merit: 1030
Privacy is always important
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August 27, 2016, 05:05:09 PM |
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No one can control bitcoin. There is nothing official about bitcoin. But exception everyone can control they're own bitcoin. Bitcoin are created algorithm defined by software which people running on their computers.
Very timely, indeed to the problems of the system or Admin. Bitcoin did not provide such access to everyone including the makers of the bitcoin himself (satoshi Nakamoto). So bitcoin is a currency which is very safe and are rarely exposed to cheat or anything else. except for chat that is not visible or did not need to be answered Exactly, bitcoin are safe to use but a lot of bad news which says that bitcoin is not safe, that in fact it was not safe because all the fault of bitcoin user who has been hack because the fault of his own. Whatever they say that is bad is really the good ones. That is the government talking through and it wont do you good, that is only for them. They want to fight everything that can make you out of control. For me the fact is outside in this forum bitcoin is not safe because if you go in the site where you can get stuff or something like that bitcoin has no buyers protection anytime you can be scam outside in this forum.. unlike here in our forum that we can use escrow to deal someone.. If signature campaign will be gone our accounts will be no price or its priceless even lending section will affect about this. they can deal to other anytime and scam even you are using escrow thats why they are balance they need those signature campaign so that our account has a value and we can use it in loan.. About for control its just like the same they are balancing it they are planning how government will go in bitcoin.. it takes a long time before we can use bitcoin in every country. how they can get benefits for bitcoin.. or how they will corrupt..
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Solving blocks can't be solved without my rigs.
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bitdumper
Sr. Member
Offline
Activity: 266
Merit: 250
One world One currency, Bitcoin.
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August 27, 2016, 05:37:16 PM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
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lionheart78
Legendary
Offline
Activity: 2954
Merit: 1153
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August 27, 2016, 06:10:28 PM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so.
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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August 27, 2016, 06:25:53 PM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so. The price being manipulated to the upper side is mostly done in groups of whales buying all together. It's not that one person is buying up the price to such a level where you can say it is a pump. That's what a lot people think.
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katrimans
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August 27, 2016, 06:43:29 PM |
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No one can control bitcoin. There is nothing official about bitcoin. But exception everyone can control they're own bitcoin. Bitcoin are created algorithm defined by software which people running on their computers.
That's the good side of bitcoin. It is decentralized and everyone can get their hands on all the bitcoins available on the active network. However, it has it's own downside as well since those who have high enough bitcoins/volume can influence the value of bitcoin on it's own accord, whether they dump or pump it.
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CroSany
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August 27, 2016, 06:57:37 PM |
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Bitcoin is controlling a mafia,banks,powerful corpoations and gowrements and because of that they are so many scammers in bitcoin world so it is better to find some crpytocurrency with normal owners.
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Zenixin
Jr. Member
Offline
Activity: 132
Merit: 2
MR06Q8ZM3194
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September 01, 2016, 08:37:44 AM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so. The price being manipulated to the upper side is mostly done in groups of whales buying all together. It's not that one person is buying up the price to such a level where you can say it is a pump. That's what a lot people think. The whales can only manipulate the price of bitcoin for the short term, maybe a few weeks. The bitcoin price is determined by the usage.
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tulipbubble
Member
Offline
Activity: 87
Merit: 10
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September 01, 2016, 08:59:37 AM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so. No one can control bitcoin because bitcoin is decentralized, but the price of bitcoin can be easily manipulated by whales
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Bostonias
Newbie
Offline
Activity: 97
Merit: 0
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September 10, 2016, 07:13:59 AM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so. No one can control bitcoin because bitcoin is decentralized, but the price of bitcoin can be easily manipulated by whales That is right. It is controlled by the rich people who have a lot of money in the bitcoin and its mining operation.
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Indrawan77
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September 10, 2016, 07:33:54 AM |
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I think nobody is controlling the price, the one that control bitcoin is all of the bitcoin user, the faster the transaction the more stable the price become, it can become a currency because its being used and trusted become the currency transaction
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pakitz
Newbie
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Activity: 28
Merit: 0
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September 10, 2016, 07:42:38 AM |
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its decentralized so no one is controlling it.,
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1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
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September 10, 2016, 07:56:32 AM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
I agree on this. Every one can control bitcoin to the extent on what is in their wallet address. When it comes to price manipulation, whales or bigholders have advantage on crashing bitcoin price but they will never have the power to manipulate it to upward trend since it needs a huge funding to do so. The price being manipulated to the upper side is mostly done in groups of whales buying all together. It's not that one person is buying up the price to such a level where you can say it is a pump. That's what a lot people think. The whales can only manipulate the price of bitcoin for the short term, maybe a few weeks. The bitcoin price is determined by the usage. The entire market has been ruled by whales with iron fist from the very beginning. This will never change. So far usage has never been a real price mover.
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shinratensei_
Legendary
Offline
Activity: 3220
Merit: 1026
Leading Crypto Sports Betting & Casino Platform
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September 10, 2016, 09:06:54 AM |
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Satoshi nakamoto made all the programming and launched it on 2009 he made the whole system open source so anyone can use it freely .to store your bitcoin you need . Wallet and a matter is made up of a private key and public key.so if you have a private key then you are the ultimate owner of a specific bitcoin address and all the balance inthat address
Every time the private keys always become a general thing before you're wanna for using a wallet, and I think we always need for remember that in our mind. for securing the amount for the chance for get lost. but a average people is doesn't know about that or unfamiliar with private key.
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iqlimasyadiqa
Legendary
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Activity: 1596
Merit: 1011
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September 10, 2016, 09:17:42 AM |
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no single person can control the bitcoin. bitcoin is one of the major financial system that is controlled by everybody. may need a minimum of 20% of supply bitcoin, to be able to control the bitcoin.
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JITENDERPAR3
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September 10, 2016, 09:29:30 AM |
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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?
according to my thinking there is no one who controls the bitcoin . still there are some official networks who regulat the amount of bitcoins mines . and the transaction fee with the name of block has been go for the official creater of bitcoin group . basically bitcoin works on the algorithm programming .
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gandame
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September 10, 2016, 09:40:16 AM |
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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?
Knowing that bitcoin started Satoshi Nakamoto and became known in different countries But I think control bitcoin is the traders , especially those big holders of bitcoin so they can be up and down the price of bitcoin . because if there is no control of it may be the bitcoin will not go higher . So traders can also control the bitcoin
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Zenixin
Jr. Member
Offline
Activity: 132
Merit: 2
MR06Q8ZM3194
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September 14, 2016, 07:40:31 AM |
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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?
Knowing that bitcoin started Satoshi Nakamoto and became known in different countries But I think control bitcoin is the traders , especially those big holders of bitcoin so they can be up and down the price of bitcoin . because if there is no control of it may be the bitcoin will not go higher . So traders can also control the bitcoin The traders just control the price of the bitcoin in very short term. The mass adoption control the price in the long term.
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qiwoman2
Legendary
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Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
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September 14, 2016, 10:49:39 AM |
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It's decentralized so only supply and demand mainly control it. Having said that of course there are groups that have a strong influence over it because of the sheer numbers they own or the big mining capacity they have to create more bitcoin. It's said that the Chinese mine most of it now, don't know if that is true or not.
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