Post
Topic
Board Bitcoin Discussion
Re: wait, who owns the market?
by
jarhed
on 08/10/2019, 14:40:23 UTC
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?



In as much that no one owns or controls bitcoin, the market is controlled by people with huge amount of Bitcoin. The decentralized nature of the bitcoin ecosystem makes the Bitcoin market to be owned by people with a lot of bitcoin for trading. These people determine the market value of bitcoin.  If you have more bitcoin, you control the market.
But you also need to understand that many financial instruments, such as Bitcoin futures, have been created. I think that most transactions on the market do not physically belong to Bitcoin. I just want to highlight the significant impact of exchanges and trading platforms on the cryptocurrency market.