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Re: Who controls the Bitcoins?
by
mikecgna
on 03/03/2017, 06:32:45 UTC
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?

There are some member here they says China is the one who controls Bitcoin, Due to China owned the biggest percentage of bitcoin mining farms, and their the one also holding a biggest average percentage of bitcoin in the whole world. But for me Bitcoin be control by any country.
i am not agree with this that if China have the majority of bitcoin users then they can control bitcoin or can manipulate the price of bitcoin to me i think it is not so easy to manipulate the price of bitcoin, because bitcoin is now decentralize currency and is not under the control of any one.
The price on the stock exchange can be controlled using the drop sequence currency and spreading rumors about the bad performance. Then a lot of people are rushing to sell, and those who just threw on the bitcoin market, immediately after the fall start to buy more. Thus earn. But control can be different and yet there is no capacity to implement it.