I have been following the crypto scene for the past year and sometimes even though some companies do well their token price drastically goes down and this is the same with btc too. People like john mcafee and roger ver are always talking about how we should get ready for the bullish market but yet the price keeps on decreasing and so i'm asking how and who controls the price. If there is anyone who might be running it?
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I have also same question? who control BTC
i am also afraid who control BTC price........
BUT According to Wikipedia BTC Decentralization and centralization
Decentralization
Bitcoin does not have a central authority and the bitcoin network is decentralized
There is no central server, bitcoin ledger is distributed.
The ledger is public, anybody can store it on their computer.
There is no single administrator,the ledger is maintained by a network of equally privileged miners.
Anybody can become a miner.
The additions to the ledger are maintained through competition – until a new block is added to the ledger, it is not known which miner will create the block.
The issuance of bitcoins is decentralized – bitcoins are issued as a reward for the creation of a new block.
Anybody can create a new bitcoin address (a bitcoin counterpart of a bank account) without needing any approval.
Anybody can send a transaction to the network without needing any approval, the network merely confirms that the transaction is legitimate.