stark101
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November 13, 2016, 03:10:53 PM |
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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?
Actually i dont really have any idea who controls the bitcoins. But as my opinion, i think the users itself of bitcoin controls it. I dont care who controls bitcoin as long as it really help to the users especially in earning extra money. |
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rababo
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November 13, 2016, 03:21:07 PM |
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Bitcoin is a decentralized currency that means no has control bitcoin generally. It's the users itself who has control for their own bitcoin. It's decentralized that makes bitcoin different from any other currencies.
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TKeenan
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November 13, 2016, 09:06:27 PM |
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Bitcoin is a decentralized currency that means no has control bitcoin generally.
LOLOLOLOLOL! China controls the mining and George Maxwell / Blockstream controls the commit access to the code. You 'decentralized' fantasy is completely stupid. |
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Ryan Dugan
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November 13, 2016, 09:34:28 PM |
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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?
Do you know how to ise google ? Bitcoin is decentralized in nature so noone controls it but we all control it. Its a network of all bitcoin users that contribute to hashing or keeping their wallets open or running a mode to strengthen the network. |
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lEgEndArIUs
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November 14, 2016, 01:51:53 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
I think not, it's because the news only. Other countries also have many that do great in bitcoin mining. Bitcoin is anonymous, so very difficult to search for user data from any countries that uses bitcoin. |
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kalpit
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November 14, 2016, 01:59:36 AM |
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Bitcoin is a decentralised system. The users have the power. But still there is a foundation team that makes the changes to code if necessary.
Or , did you mean Does China control the price of Bitcoin?
Yes, to some extent, many fluctuations are believed to arrive due to China.
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andyblocks
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November 14, 2016, 02:00:16 AM |
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The miners around the world. It's a decentralized governance model, different from anything that existed before.
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deadsilent
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November 14, 2016, 02:52:54 AM |
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Everyone can own and can control bitcoin. But the main driver of bitcoin is China because they are the biggest bitcoin mined. And i think they have atleast more than 50% of bitcoins in the world which makes them drive the bitcoin especially the price of it. If China declare of banning bitcoin, this is a disaster for all the bitcoin users.
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erickkyut
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November 14, 2016, 03:01:17 AM |
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No one controls Bitcoin!!!!
Anyone can use Bitcoin that is why it is called decentralized!
Bitcoin also has no tax therefore, the government has no rights to manipulate it and anyone can even use it anonymously!
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ananas99
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November 14, 2016, 11:55:14 PM |
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No one controls Bitcoin!!!!
Anyone can use Bitcoin that is why it is called decentralized!
Bitcoin also has no tax therefore, the government has no rights to manipulate it and anyone can even use it anonymously!
Safe investment, there can not be. You can not invest the money somewhere and not take risks that might not work. Therefore, there are always risks. Yet in my opinion is better to stay on the gold. It is more convenient and relaxing view of investments. |
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Leonardis
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November 15, 2016, 12:05:13 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
China was controlling the bitcoin a sort of because of the fact that it mined a lot and due to that fact had power over it, right now this is not the fact anymore and I think we ourselves are controlling it all over the world again. |
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phieiph
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November 15, 2016, 12:17:13 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
China was controlling the bitcoin a sort of because of the fact that it mined a lot and due to that fact had power over it, right now this is not the fact anymore and I think we ourselves are controlling it all over the world again. Controls the one who produces most bitcoin. But if the Chinese said that they would create a national cryptocurrency, you can opt out of bitcoin. But for whose benefit is not clear. In any case, I always believed that it is the Chinese. |
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rizkyhiw
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Activity: 1484
Merit: 1004
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November 15, 2016, 12:35:06 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
China was controlling the bitcoin a sort of because of the fact that it mined a lot and due to that fact had power over it, right now this is not the fact anymore and I think we ourselves are controlling it all over the world again. with that fact i guess it's enough to say they can control bitcoin anytime why? of course the power of groups number they have bigger community and bigger bitcoin user they are superior since first time bitcoin invented . |
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groll
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November 15, 2016, 12:38:31 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?
Actually i dont really have any idea who controls the bitcoins. But as my opinion, i think the users itself of bitcoin controls it. I dont care who controls bitcoin as long as it really help to the users especially in earning extra money. We have the same opinion about this question. The one who controls bitcoin are the users themselves. Since we are the one in control on all of the transactions happening in bitcoin. Yeah, there is no central authority but the overall control is in the users' hands. The price, the flow of trade and the exchange rely on the decisions of the users. |
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salemon
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November 15, 2016, 12:45:34 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?
Actually i dont really have any idea who controls the bitcoins. But as my opinion, i think the users itself of bitcoin controls it. I dont care who controls bitcoin as long as it really help to the users especially in earning extra money. We have the same opinion about this question. The one who controls bitcoin are the users themselves. Since we are the one in control on all of the transactions happening in bitcoin. Yeah, there is no central authority but the overall control is in the users' hands. The price, the flow of trade and the exchange rely on the decisions of the users. Do you think that a lot depends on the users themselves? Of course, if engaged in distribution and popularity of bitcoin, it is another matter, but the price may be in the hands of users. Perhaps the speed of bitcoin mining and approaching completion may affect the stabilization of the course. |
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shinratensei_
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Leading Crypto Sports Betting & Casino Platform
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November 15, 2016, 12:51:44 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
China was controlling the bitcoin a sort of because of the fact that it mined a lot and due to that fact had power over it, right now this is not the fact anymore and I think we ourselves are controlling it all over the world again. They wasn't. They have had over 51% of the total hash power. The possible thing is making political attack for bitcoin. No one will control bitcoin. Because the nodes have spread around the world. |
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markyminer
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November 15, 2016, 05:16:07 AM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
yes that can right the the most of the bitcoin users are from china and the number of bitcoin miner can also be more in china, but i can say that still china cannot control bitcoin, as bitcoin is a universal decentralize currency and it is not so easy to influence it. |
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canah17
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November 15, 2016, 05:52:49 PM |
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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?
Well the creator of course but still its not enough to convince you but bitcoin is just a program to make money in the internet so it began in little things called ALTCOINS or the elder once bitcoin is really big it appeared when internet got really famous in this time and they created an amazing creation to make money in the internet so that people in the internet. Its give and take in bitcoin world and then we control bitcoin we earn bitcoin in our wallet and spend it we value that bitcoin thing and we control it we spend it we take it we earn it from that matter we are bitcoins the creator created bitcoin for us only to make our life easy and profitable  |
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Catmony
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November 15, 2016, 05:56:40 PM |
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some people say that the china was the one who controls the bitcoin in because he has a lot of bitcoin mining sites and is a country with the world's largest bitcoin users..
China is known to have major mining power but not all of the china based mining companies are running all their mining rigs in china. They have their mining farms all around the world with cheaper electricity cost. So actually china is not controling bitcoin however due to high amount of trading volume coming from chinese exchanger it is affecting price of bitcoin. |
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HaXX0R1337
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November 15, 2016, 08:34:12 PM |
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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?
Well,I heard that China miners have most of the hashing power in mining bitcoins, so i guess that might be China. I suppose that basically, we have big players in China that are accumulating their profits. But im not sure is bitcoin controlled but anyone, i doubt it. |
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