Who controls the Bitcoins?

[staff_1307]

Everyone takes on some of the Bitcoin management. This is the advantage of it, everyone is responsible for his own.

yes that is right to say but there is not a single person or group of people who are controlling bitcoin. because bitcoin is a decentralize currency and not a single country can claim it.

That is what I had in mind when writing a comment.

[jak3]

technically i dont have any exact idea but no body can stop this network and anyone who has a private key is legally owner of a unique bitcoin address

[20kevin20]

If you want a country, it's the one with the highest amounts in Bitcoin (probably China). If you want a person or a group, there's none. The mining is controlled by China mostly, and the huge population helps it stay on the first position all the time.

[triasel]

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?

bitcoin is creation satoshi nakamoto , not yet all country became bitcoin to official currencies
Who controls the course of Bitcoin? this is difficult question , i think network

[kidoseagle0312]

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?

In our generation by now, for me the person who buy bitcoin is the one who also hold the coins not the others, therefore we are there are no such things who can manage our coins, unless you give authorize other to hold your coins.

[doomistake]

There is no one who controls bitcoin because bitcoin network is like an open source and can be use by someone but can never control it. Bitcoin network is compose of bitcoin users, buyers, and investors that is why it is keep on cycling everyday that is why we are earning bitcoin and that is why bitcoin is still alive. Without the users, buyers, and investors, bitcoin was gone a long time ago.

[needyou]

Some people can influence the price of bitcoin if they have enough of it. However, the point of bitcoin was to be independent of any government or bank, so it belongs to the people.

[Supercrypt]

If you want a country, it's the one with the highest amounts in Bitcoin (probably China). If you want a person or a group, there's none. The mining is controlled by China mostly, and the huge population helps it stay on the first position all the time.

But as long as one country's miners are not having any common organization to mine together for trying to obtain 51% of total mining capability how we can say they are controlling bitcoin ecosystem. I mean to say even China is having more number of bitcoin miners, they will not be able to control bitcoins.

[danherbias07]

Some people can influence the price of bitcoin if they have enough of it. However, the point of bitcoin was to be independent of any government or bank, so it belongs to the people.

That is well said and true. It is like the natural resources, no one really own it but it is being influenced by those big companies when it comes to value. They can hold from mining or manufacturing just for the purpose of making a lot of demands which will lead to a higher price.

[Text]

We control the price of bitcoins, everyone who is involve in btc; users, miners, investors, holders and others. No one can control as manipulating either small or big company, it will not depend on that. Bitcoin life is a cycle.

[Zadicar]

We control the price of bitcoins, everyone who is involve in btc; users, miners, investors, holders and others. No one can control as manipulating either small or big company, it will not depend on that. Bitcoin life is a cycle.

You are right all of users who do engage into bitcoin is the ones who controls bitcoin not on a manipulation but there are some instances on which does really affects on bitcoins price like incidents on hacking on which it could able to affect the bitcoins price.

[dEjAvU97]

This is the uniqueness of the bitcoin system, we will never know and be able to control the bitcoin. It's all just guesswork, people assume if it's china that control the bitcoin but it was difficult to be proved.

[Juggy777]

Op Bitcoin is not official at all. And no one person controls it. There are variety of factors involved. You can say that China people mint it a lot, but no they also don't control it. You can only control a specific if you have your private key, but don't try to control it, enjoy it. And read a little it, before calling it official

[Jiyens3]

no one control , i knew just there is person control price bitcoin
and those person is profitable

[The-Accountant]

I control my Bitcoins and you control your Bitcoins.

[PokerFace3]

If you want a country, it's the one with the highest amounts in Bitcoin (probably China). If you want a person or a group, there's none. The mining is controlled by China mostly, and the huge population helps it stay on the first position all the time.

But as long as one country's miners are not having any common organization to mine together for trying to obtain 51% of total mining capability how we can say they are controlling bitcoin ecosystem. I mean to say even China is having more number of bitcoin miners, they will not be able to control bitcoins.

people do assume when China is having more number of bitcoin mining hash power, they are able to support or oppose any common consensus made by bitcoin community. This may be true because they are having more votes to be cast in favour of benefits of themselves. This could be the one reason people are saying China is controlling bitcoin system.

[TKeenan]

I control my Bitcoins and you control your Bitcoins.

And Blockstream controls all of our bitcoins

[Doamader]

China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.

[agamasrori]

China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.

If some people said no one control bitcoin it is true, but people who have big capital can make factors to influence the bitcoin price. Bitcoin spreding is needed for make bitcoin price more stable.

[cpfreeplz]

I control my Bitcoins and you control your Bitcoins.

And Blockstream controls all of our bitcoins

Lol they kinda sorta control the behind the scenes crap that I don't understand. If you can do better no one is stopping you . That's the whole idea of open source.

China does have a big influence at the news coins being mined, since the most miners are located at there, but early adopters does have a lot of bitcoins, like Nakamoto, those are the ones that can control in part bitcoin, since its decentralized.

China has a huge influence on mining because of their cheap electricity. Idk wtf you're talking about in the rest of your post though hahaha!