wait, who owns the market?

[joniboini]

You only need around 20k bitcoins to create a massive crash, however that amount of money would be nothing for forex, the market wouldn't even move that much even if everything was sold at once.

Agree. Fiat or forex market liquidity is so high, however, in some cases, they can crash heavily such as what happened in Venezuela or any other countries which got massive inflation. So, politics and economics heavily influence the movement of fiat market, while the crypto market is still so immature and almost anything can move the price up or down. Too many emotional traders and those who want to get rich quickly in this market, and the exchange are way too many.

We should expect crypto to be more stable when the liquidity is high enough, or at least the close to the forex market.

[pragna]

Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

[masulum]

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.

[blockman]

Bitcoins were mined by miners.

in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market


regards

They control the market and manipulate it but they don't own it.

[Juggy777]

Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The answer to your first question is no one owns bitcoins market, though it’s often manipulated by whales. Second question is vague as Bitcoins were created by Satoshi in 2009, and now miners create it by mining them with their equipment’s. In the end if you’re trying to say one should invest in bitcoin, then you’re correct as bitcoins often give good returns in the long term.

[klaaas]

Bitcoins were created by Satoshi in 2009, and now miners create it by mining them with their equipment’s. In the end if you’re trying to say one should invest in bitcoin, then you’re correct as bitcoins often give good returns in the long term.

Satoshi created the network how it operates. Mining is used to get new coins in the system and to add new transactions to the blockchain.

[Naughty Princess]

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.

I agree. No one owns the market, there is only big investors that manipulates the market that is why there is volatility to circulate the volume and the value of the coins. Coin is what created by someone but the market exist because there is something to sell and offers services.

[Herbert2020]

that is a very silly question because it is no longer 2009-2010 and bitcoin market is not some small altcoin market that could even be "owned" and controlled. the market is not that big yet but it is big enough to make it impossible to be controlled by anybody unless they have billions of dollars to waste and nobody has that much.

[stadus]

AFAIK, once you own bitcoin, you already own a portion of the market.
Massive price increase will happen if there is a good and continuing adoption in the long run, if you are not selling, you will enjoy
and be benefited on the increase of value, so regardless of how much percentage you own based on the total supply, you are holding a precious
one as bitcoin and crypto are going to be big and successful in the future.

[iqlimasyadiqa]

in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market


regards

People who have a lot of bitcoin must have control that is so strong, when someone has a large number of bitcoins the market can be controlled and that person can determine when to pump or dump prices. yes exactly what you say that in this world every person who has strong financial abilities they have power and can do anything. in all situations, this will continue to happen, what needs to be considered is that we must not experience panic in all situations, we must be able to think calmly and carefully.

[Lizzylove1]

The cryptocurrency community members determine and control the price of the bitcoin. There is no hidden man somewhere who decides for us, we create the atmosphere by our hands, this is why is important we avoid FUD against Bitcoin.

[pixie85]

Bitcoins were mined by miners.

in the end the Bitcoin market is controlled from the btc whales .
Same on the fiat market the riches control the market


regards

They control the market and manipulate it but they don't own it.

You're talking like all miners are working together to control the market. Miners don't hold everything they mine. They have to pay their bills which sometimes reach more than half of the value of the coins they're mining. They have employees security, people who repair stuff when it breaks.

It's more probable that exchanges are manipulating the market with their users money and not miners.

[bubislav]

Hi l have already read your post. l think BTC is not controlled. it is free to use for everyone. That is right between 2017-2018 it was high but it went slowly down and it is impossible to create new BTC. There is enough in the world and it won't go high.

[leonair]

The market is owned by people who participate with it, it's true that rich people or big whales can manipulate the market but not for so long because the technology will prevail itself and there's no need for lies. We can't do anything to those people who have enough funds to take advantage with the market though but if we believe to what's coming then we are all fine.

[MonsterV]

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I don't think so, maybe you just don't know that the market is always controlled, the market is not always controlled by banks or government agencies because this is a decentralization coin, so here it is only controlled by whales, even whales can make big waves as they like and make panic everywhere .
The crypto market is not a government-controlled fiat market, here free people and popes can make that manipulation.

[stadus]

The market is owned by people who participate with it, it's true that rich people or big whales can manipulate the market but not for so long because the technology will prevail itself and there's no need for lies. We can't do anything to those people who have enough funds to take advantage with the market though but if we believe to what's coming then we are all fine.

Agree, we also own it, we have different amount of exposure but the moment we invest, that's give us ownership.
We cannot compete the rich because they have a lot to risk, and when they are aggressive, that's the time we should be confident as they won't risk that big money if they are not seeing the potential of the market.

It's still too early despite bitcoin existed for years already, the adoption is still low and it's potential adoption rate is not achieved yet.
That's the factor we have to look at when investing. As bitcoin enthusiast, I'm proud I own something even how low it is. 

[kaya11]

Aside from whales, the one who really controls it is time. The season changes, sometimes it goes along with Bitcoin's related events and news and then boom, another one exist and it continues. The fact that we are actually waiting for something proves it is time we are waiting for that moment to happen.

[davis196]

Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The "big money" saw the potential of bitcoin as a highly volatile and speculative asset.
You are wrong,when you say that nobody owns the market.Where will the market be,if there are no crypto exchange platforms.They are centralized as hell,and they could influence the market prices a lot.

[Kakmakr]

Understand who controls the market you are investing or trading in, and you’ll have an advantage. Bitcoin is a free and open source market. Nobody owns it.

But does anyone control it?

Ask yourself this—

How are Bitcoins created?

Who is incentivised to create Bitcoin?

Between 2013 and the beginning of 2017, big money had been slowly moving in on Bitcoin. They saw its potential as a relatively rare asset and also the mechanism that made it work. Bitcoin is seen as having a value greater than the sum of its parts.

The Bitcoin price is determined by Supply and Demand on a public accessible market. <Open source is mainly associated with software.  >

Bitcoin are being created by a process called mining and this is done by 1000s of miners from different countries, but most people know this, so it's not a centralized creation process, like the printing of fiat currencies.

People want to mine these coins, because they get Bitcoin as a reward for their hashing power <electricity> 

Lastly, "big money" or institutional money has not even entered this scene from most countries, and when this happens a price explosion will take place. 

[imstillthebest]

I don't think someone or any organization control it. Market works in its own way even though when binance exchange was hacked, at that time market go high and still running its position. Another time we see when any bad news or any exchanger hacked market go down. So i think nobody can not control it.

I think, market is controlled by ourself. Lets think, we want to sell bitcoin on USD8000, we need to wait if current price is under our targets. If we want to sell under we buy, its because we follow market price not our targets. If we buy to high, its because our fault to buy when price hit top on chart.

I agree. No one owns the market, there is only big investors that manipulates the market that is why there is volatility to circulate the volume and the value of the coins. Coin is what created by someone but the market exist because there is something to sell and offers services.

The market or the exchanges is owned by its creator,  they can control it and the buyers/sellers that uses those eexchange can also control it . Whales are popularly known that controls the market because whales are too powerful . They are rich and they can move the price on their own favor but its not a major problem at all to be concerned with because we small time users do also get benefits from the whales  .