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Re: Who controls the Bitcoins?
by
upsidedown75
on 01/06/2016, 18:13:03 UTC
No one. Bitcoin is a decentralized network, every one control bitcoin.

Maybe you should try to search some basic information about bitcoin Wink
That's the idea. Bitcoin is a decentralized network and everyone controls bitcoin. But is it absolutely true?

From what I know, the chinese miners are able to control the price of bitcoins whenever they want because they own a high amount of percentage of bitcoins and if they decide to dump, well, you know what's going to happen and if they decide to pump, well, pump it is!