Ninjastic
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Re: Who controls the Bitcoins?
by
emezh10
on 28/02/2017, 13:03:08 UTC
Quote from: danherbias07 on February 28, 2017, 12:51:30 PM
Quote from: TelolettOm on February 28, 2017, 12:39:40 PM
Quote from: PhilipPens on February 09, 2016, 09:15:29 AM
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?
The person who controls the largest bitcoin bitcoin is the holder. they can make the price to go up and down. but it is not very significant

I am trying to understand what you said but it seems like there is no solution to it.  Grin
If you mean the most holder of bitcoin then they are still not in control. He will only have a percentage of the entire bitcoin that have been mined which is scattered to every person. We dont even know how much is still alive and how much are buried in computers of the past miners who quit early. It will need a group of people who have large amount to make a wave but not control.

Who control the bitcoin? The answer for that is us the people who are using bitcoin because the bitcoin life is depend at the people who will use it. It's just simply law of supply and demand If the people are using bitcoin and then the users is growing and growing the price of the bitcoin will pump and pump. And if the people stop using bitcoin I mean all of people will not use it the bitcoin price will drop to 0$ the price and the bitcoin itself is depends on the user.