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Author Topic: Who controls the Bitcoins?  (Read 46400 times)
Positid
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December 20, 2016, 05:19:01 AM
 #561



^ya in the early days ~20000BTC was like chump change  Grin *bath salts lol

Yep, that was the feeling. It's also the reason so many early bitcoiners ended up losing or spending much of those early mines coins. Those coins were just "bath salts" to them. LOL
We are talking about the past but we need to face the current now, probably in the future if bitcoin will fail then altcoins will rule and we are talking here again like what if we bought that particular altcoin before. In short, nobody sees the future, and whatever our reaction now is just right with the current situation.

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December 30, 2016, 06:32:08 PM
 #562



^ya in the early days ~20000BTC was like chump change  Grin *bath salts lol

Yep, that was the feeling. It's also the reason so many early bitcoiners ended up losing or spending much of those early mines coins. Those coins were just "bath salts" to them. LOL
We are talking about the past but we need to face the current now, probably in the future if bitcoin will fail then altcoins will rule and we are talking here again like what if we bought that particular altcoin before. In short, nobody sees the future, and whatever our reaction now is just right with the current situation.
Can anyone say something specific about the future cryptocurrency? Each user desires and hopes. Projections for the future bitcoin as strong, but it can be.
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December 30, 2016, 06:34:27 PM
 #563

In theory, no one.
In practice, big miners.

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December 30, 2016, 06:34:41 PM
 #564



^ya in the early days ~20000BTC was like chump change  Grin *bath salts lol

Yep, that was the feeling. It's also the reason so many early bitcoiners ended up losing or spending much of those early mines coins. Those coins were just "bath salts" to them. LOL
We are talking about the past but we need to face the current now, probably in the future if bitcoin will fail then altcoins will rule and we are talking here again like what if we bought that particular altcoin before. In short, nobody sees the future, and whatever our reaction now is just right with the current situation.
Can anyone say something specific about the future cryptocurrency? Each user desires and hopes. Projections for the future bitcoin as strong, but it can be.

I hope all the day traders currently pumping the shit out of Bitcoin never lose their momentum.

Bitcoinsummoner
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December 30, 2016, 06:39:34 PM
 #565



^ya in the early days ~20000BTC was like chump change  Grin *bath salts lol

Yep, that was the feeling. It's also the reason so many early bitcoiners ended up losing or spending much of those early mines coins. Those coins were just "bath salts" to them. LOL
We are talking about the past but we need to face the current now, probably in the future if bitcoin will fail then altcoins will rule and we are talking here again like what if we bought that particular altcoin before. In short, nobody sees the future, and whatever our reaction now is just right with the current situation.
Well i think it is impossible that altcoin will be replace bitcoin since bitcoin is already proven and uses by many company and people.. they are trusting because you see that the price are gradually increase and i think we are still from beginning and its still not late to hold more bitcoins for our future..
Maybe more price increase will come with bitcoin since we are just few users of bitcoin i think if bitcoin will be more impression and more adoption will come we will see more price increase.. for those who knows bitcoin before they are already rich.. and i think for those who are not letting their bitcoin to hold for a long time i think they are regretting and now they are holding again back just to get benefits of the price increased.



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December 30, 2016, 07:31:07 PM
 #566

Today, bitcoin want to control everything, but I do not think that this is someone that will. The main advantage of bitcoin is anonymity and no one will use it if it is lost.
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December 30, 2016, 07:46:56 PM
 #567

Today, bitcoin want to control everything, but I do not think that this is someone that will. The main advantage of bitcoin is anonymity and no one will use it if it is lost.
all real signs cryptocurrency that haunt the governments of some countries, because they can not control it, and make bitcoin special.
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December 30, 2016, 08:11:20 PM
 #568

Many international financial corporations and the government will try to impose restrictions on financial platforms, which are engaged in transactions with cryptocurrency to get them to follow international agreements.
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December 30, 2016, 09:08:14 PM
 #569

In theory, no one.
In practice, big miners.
Cryptocurrency - a new technology. People will learn to use it, and teach others. In bitkoina, in my opinion, great potential. But we need more time to understand how it affects the traditional financial system.
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December 30, 2016, 09:55:24 PM
 #570

Nobody truly has control of bitcoin in light of the fact that it is decentralized in nature. individuals may have these private and open keys to take control however that doesn't imply that someone in particular or individuals taking control of the entire bitcoin thing.
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December 31, 2016, 01:35:45 AM
 #571

the common public are the actull control of bitcoin..in general sence but theoritically satoshi nakamoto was the creator of bitcoin and he made a system where people(developers) can control bitcoin using many types of keys or we can say types of permissions
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December 31, 2016, 04:46:43 AM
 #572

No one controls bitcoins, that is what i like about bitcoins that is it's decentralized nature.
If anyone really controls it than i think they are the Chinese miners which have a great influence on bitcoins.

It is true that nobody can control bitcoins. And even the Chinese community has a big miners plant it doesn't mean they control it. It is still decentralized nature and it will never be change at all ever.
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December 31, 2016, 05:04:21 AM
 #573

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?
It depends what you mean, if you mean the network then that is controlled by the miners, if you mean the price then that is controlled by regular users and the traders, if you mean the development of bitcoin, then the developers control that, and if you mean specific bitcoins in an address then those are controlled by whoever has the private keys.
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December 31, 2016, 05:11:14 AM
 #574

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?

I guess we all holders Bitcoin Bitcoin is the controller itself. Maybe it could be distinguished with only nominal, large holders Bitcoin with a small portion Bitcoin holders.
When asked who could control, I myself do not know, but the possibility of the largest Bitcoin owner who can do it.
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December 31, 2016, 05:23:21 AM
 #575

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?

I guess we all holders Bitcoin Bitcoin is the controller itself. Maybe it could be distinguished with only nominal, large holders Bitcoin with a small portion Bitcoin holders.
When asked who could control, I myself do not know, but the possibility of the largest Bitcoin owner who can do it.
yeah , we are the actual controller of the Bitcoin .
But if you will ask about its programming and algorithm that who is making the control then with official owner we are also the controller of Bitcoin .
To make a successful transaction we need to solve a big calculation that is done by mining .
Thus if we are miner then we are also  controller of Bitcoin

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December 31, 2016, 05:29:39 AM
 #576

Bitcoin is not controlled by anyone in the world, even sathosi nakamoto although can't control peer to peer technology like blockchain.
But since I've learned about dump and pump methods, may be we're all can say bitcoin is controlled by peoples who use it, keep it, and spend it for they transactions payments. So we're all parts of the price move.

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December 31, 2016, 05:38:17 AM
 #577

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?

I guess we all holders Bitcoin Bitcoin is the controller itself. Maybe it could be distinguished with only nominal, large holders Bitcoin with a small portion Bitcoin holders.
When asked who could control, I myself do not know, but the possibility of the largest Bitcoin owner who can do it.
you're right, until now we did not know who controls bitcoin, but if it's there, maybe he is the holder of the largest bitcoin, because I believe he is the person who can make bitcoin prices to rise in high amounts in 1 night. well, that also need very much money. but I'm sure they just made that bitcoin does not have a bad price.

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..PLAY NOW..
rajasumi3
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December 31, 2016, 06:53:49 AM
 #578

Bitcoin is controlled by no one.thats y it is being made.even if it being made the currency all over the globe .there will be a chance that the price of bitcoins will increase a lot.
kiklo
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December 31, 2016, 07:38:28 AM
 #579

Whoever controls over 51% of the Mining Capacity Controls BTC.

Because with over 51% control , they can allow or block any movement of your BTC to another wallet.

At this point in time, the Chinese mining pools control over 65%.

You can only transfer coins because they allow it.  Wink

 Cool
hurain
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December 31, 2016, 01:36:48 PM
 #580

Bitcoin is not controlled by anyone in the world, even sathosi nakamoto although can't control peer to peer technology like blockchain.
But since I've learned about dump and pump methods, may be we're all can say bitcoin is controlled by peoples who use it, keep it, and spend it for they transactions payments. So we're all parts of the price move.
yes that is right bitcoin is not under control of a group a person or a nations, it is free and decentralize, no one has control over the whole bitcoin, but those who are owning has control over these bitcoin he has the right to use or save or even donate it there is no retraction for what you want to do with your bitcoins.
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