Quote from: BingoDog on March 04, 2017, 04:04:26 PM

Quote from: danherbias07 on March 04, 2017, 01:15:29 PM

Quote from: BeGoods on March 04, 2017, 01:09:45 PM

Quote from: just_Alice on March 03, 2017, 07:49:30 AM

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?

I guess it's the investors, who control the course. Users, in fact. Including you, if you personally buy and sell btcs. But it is important to understand, that your control over Bitcoin is proportional to how much you own.

investors or users themselves, if the set of users with large capital to do a thing will certainly give effect to the price of bitcoin, The controls exist on the user's own dude

Yeah but who can afford the large amount can make the big movement. But now with its price I doubt somebody could buy that large amount.
It will be those who have patience and been holding bitcoin for a long time can make a great effect. Ithink they would need a group also to join their coins or they would dump or pump at the same time.

Whales can influence on bitcoin price because they hold the large amount and make big impact on bitcoin market. Chinese are important players too. If you think carefuly you will come to the conclusion that majority of bitcoins is actualy in hands of relatively small number of people and all others have just tiny pieces.

There is no actually are holding a large number of bitcoin not only almost all are holding for those who are holding a huge amount of bitcoin they can only decrease the value of bitcoin but they can not push the value of bitcoin because they can sell large amount of bitcoin in the market that can affect the value of bitcoin because the price of bitcoin is relaying in demand and supply..