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n0ne
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January 12, 2017, 07:52:48 AM |
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nobody has control over bitcoins .it is totally anonymous and it actually runs on an algorithm and people have started accepting it as currency in their way and starting valuing them thats y it is in this world it has so much important.
Yes you are right, but if there is someone has so many amount of bitcoin to influence bitcoin price is really possible. Bitcoin is mostly traded using chinese yuan. So I think china is control it. China is really having a big influence on the price of bitcoin and it does have many traders as well as miners. But the thing is that not China nor the people in it controls bitcoin, even bitcoin's inventor is still remain a myth to us, so it does seem that China is the big boss but no, nobody controls bitcoin, not us nor China nor aliens  Yes it is has a big influence on the bitcoin and we can really see this at the price right now, I think that we should do something against it...really. yeah it is because China has a total bitcoin users is very large. so that when users in the country to do something that would give effect to the bitcoin, because in truth bitcoin is controlled by the users themselves As quoted every user is responsible for the price movement that's been taking place in relation to the time. As China has the largest population of bitcoin users than other parts of the world, change in regulations on china makes a big variation in bitcoin than the users from the rest of the world. |
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Vorth
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January 12, 2017, 08:53:32 AM |
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To know the story of biitcoin there are many articles who published its root or where and how does bitcoin begun.
And if you do not want to there were uploaded videos a documented one regarding bitcoin's beginning.
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NEWGOODOUBLE
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January 12, 2017, 09:51:55 AM |
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I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
More than 70% of bitcoin transaction is traded using yuan. Two things that can make the group in china can not control bitcoin again is the circulation and deployment of bitcoin. I do not know where the data it can get, but if it's true. bitcoin turnover volume most in china market, china certainly have the largest bitcoin users. and of course china policy could give effect to the bitcoin itself |
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TTMNewsK
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January 12, 2017, 09:53:22 AM |
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As a matter of fact, there's no one who controls the bitcoin.
But I think, China has a big influence in the price of bitcoin.
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didit julian
Member
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Activity: 83
Merit: 10
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January 12, 2017, 09:58:36 AM |
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I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china |
✪฿itvest.io Best Investment Bitdrop Game!✪ |
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JANGKRIK BOSS
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January 12, 2017, 10:38:44 AM |
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Who is behind the rise in the price of the end of the year 2016 and the fall in the price of the bitcoin on earlier this year? of course they are the majority owner of the bitcoin. I am not surprised, the price will soon go back to $1.000. Don't panic friends.
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Mbah Slamet
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January 12, 2017, 12:56:55 PM |
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I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china After seeing the plummeting price of bitcoin, I now believe that there is a controlling bitcoin, logically if the price is formed naturally, certainly will not be as fast as prices down. And now the price under $800 or in 4 days down about 27%. I very sad look this. |
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sportis
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Activity: 406
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Veni, Vidi, Vici
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January 12, 2017, 06:20:54 PM |
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Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police. Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle) I suppose you are right. As the motto of a popular web wallet says "be your own bank". So, has anyone think what would happen if tomorrow there were no banks, and people were responsible to be customer and bank at the same time? If we really want to be free without someone control our money we must educate ourselves. There is no reason to trade with btc. We can use it according the vision of his creator; that is as a payment system to buy/sell goods and services. |
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phieiph
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January 12, 2017, 06:29:51 PM |
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Cryptocurrencies are the wild west of the modern economy, there are no regulators and no police. Exchanges profit by being the middleman for money moving into and out of the network. If the cash flows dry up the exchanges may close their doors, refusing to echange real money for "cryptocoins" (if they did it all at the same time that would be quite a spectacle) I suppose you are right. As the motto of a popular web wallet says "be your own bank". So, has anyone think what would happen if tomorrow there were no banks, and people were responsible to be customer and bank at the same time? If we really want to be free without someone control our money we must educate ourselves. There is no reason to trade with btc. We can use it according the vision of his creator; that is as a payment system to buy/sell goods and services. We still have got that there is no control by the authorities of our countries. I think that would be possible, it would have already done it. |
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KingdomHearts
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January 12, 2017, 06:44:02 PM |
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I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china you are right that a huge investor of bitcoin from china but there is not any proof that china controlling the bitcoin and i think no one know confirm that who controlling the bitcoin. |
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salemon
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January 12, 2017, 06:54:05 PM |
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I think that's investors who control bitcoins. When it appear more investors who are ready to invest in bitcoin it's price is rising. And when bitcoin holders are selling bitcoin the price is going down.
agree...but huge investor of bitcoin from china you are right that a huge investor of bitcoin from china but there is not any proof that china controlling the bitcoin and i think no one know confirm that who controlling the bitcoin. This is true and I totally agree with you that it is the Chinese have more control over Bitcoin, but the technology needs to be improved, and the amount of units that the Chinese do not have enough, because all transactions with bitcoin are problems. This trend may change. |
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modsa26
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January 12, 2017, 07:01:51 PM |
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Everbody say "Bitcoin is decentralized money.It is advantages etc. But in fact, I think it isn't advantages It might turn easily to disadvantages because The world is circulate  Everybody cant use Exchanges same time. It is historical experience of Money. This is another reason why people didnt using same money. It might be manupilate easily. I know it is traditional idea but on the one hand It is true |
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Holly-Dolly
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January 12, 2017, 07:13:44 PM |
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Everbody say "Bitcoin is decentralized money.It is advantages etc. But in fact, I think it isn't advantages It might turn easily to disadvantages because The world is circulate Everybody cant use Exchanges same time. It is historical experience of Money. This is another reason why people didnt using same money. It might be manupilate easily. I know it is traditional idea but on the one hand It is true This is true. But why are still talking about bitcoin bank, which in the future can take on all management issues bitcoin. This violates the basic rule of confidentiality. |
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Orion25
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January 12, 2017, 07:27:43 PM |
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That Chinese companies have a greater interest on the bitcoin mining. Their blocks is that they are in control, and so I think that world domination is over bitcoin comes to Chinese users. But it seems that their desire to create a national cryptocurrency can change all parameters at cryptocurrency markets.
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mastica
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January 12, 2017, 07:32:55 PM |
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I'm sure the group in china that control bitcoin, we all know the price of bitcoin looks easy to control so I'm sure there is a large community that benefited and could dump of bitcoin prices.
China has big players there, the big farmers, and well sure they have huge influence over bitcoin, but early adopters has several coins if havent sold them yet, soo they have a word to say as long they keep active. But sure there is groups and the recent pump and dump were something like 10 milions, just at poloniex volume showing, soo they know what they are doing with the pumps and dumps at bitcoin. |
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farl2web
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January 12, 2017, 07:43:45 PM |
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If we talk about bitcoin control in terms of who has focused the main reserves cryptocurrency. That according to the information of three years ago, about half of all bitcoin in the world focused in people, the number of which, about a thousand. Thus we can say that bitcoin control their users and developers create new programs to progress.
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mrjoy15
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January 12, 2017, 07:53:43 PM |
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Bitcoin is a form of digital currency, innovative.It can easy to understand for all no one can controls it.On other hands,we all are using this currency so we can say that Bitcoin is controlled by all Bitcoin users around the world.So it seems by some user chaina control bitcoin for reason there huge investor of bitcoin from china.
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Seeker#9
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January 13, 2017, 03:58:48 AM |
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Whoever the big players are, controls the bitcoin or its price. But some factors like the moves of china's central bank on their bitcoin exchanges will also affects the bitcoin price.
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The_prodigy
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January 13, 2017, 04:32:40 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?
Everyone in this world control the bitcoin , User who had bitcoin from their bitcoin wallet and also those traders who buy and sell into market, and Iknow in USA has the biggest population who uses bitcoin also china and those friendly countries who had billions of users. |
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jeraldskie11
Sr. Member
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Activity: 1302
Merit: 356
SOL.BIOKRIPT.COM
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January 13, 2017, 05:09:26 AM |
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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.
True that. Noone actually 'controls' Bitcoin. Same goes with any other currency out there you know. Nope, as you could search bitcoin is controlled by all bitcoin users so if there is no bitcoin user the bitcoin will disappear, in the other words, bitcoin users is the reason why bitcoin is still alive not just alive it is very alive. Actually bitcoin has no one controls it like what you had said cause it has a own code that do the rules and no could change it who made by Nakamoto. |
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