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whether anyone controls bitcoin

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14 hours ago, MinJax said:

In theory, no one can control the bitcoin system. All transactions are verified by bitcoin miners and protected with digital signatures. Later, when many people own large amounts of bitcoin, they can influence the market price.

yes, not a team or organization that controls bitcoin. because bitcoin is decentralized, we all have a big contribution in price. if more and more buy the price will also rise along with the depletion of the total supply.

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Bitcoin is not control by anyone or a group of people,it's a decentralized coin,it's a currency that cannot be control by individual,what controls it is good news and bad news,and that only control the price

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Bitcoin can never be controlled alone It needs a group to control it.Because even though it is a very difficult thing, no one can control it alone and many people need to control it.

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I do not know for sure whether there is a dose-effect with Bitcoin, if there are people who know in this forum please tell me this so we understand.

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Bitcoin cannot  be controlled by any single entity, but I think some entities (whales,influencers) can highly influence the price i.e. whether it soars or dives in their favour.

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On 12/4/2019 at 12:55 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ?? is it going to be a global trend soon ??

No other organisation except the Blockchain controls the bitcoin. It is completely decentralised. No bitcoin is not going to be controlled by anyone. It may happen that it get banned in many countries or they implement tax no this. But the will not be on other hand. This is the main feature of btc. 

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Like what they say and what has been introduced by people, cryptocurrencies are decentralized, this would mean there is no governing body that actually controls it. 

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No the bitcoin is not being controlled by any person or organization. it is decentralized coin. But some big investors controls the market as they can make a market up or down anytime they want.

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On 12/4/2019 at 2:25 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ?? is it going to be a global trend soon ??

controlling bitcoin here is whales, we don't know whales is an organization or anything. certainly what is able to change the flow or we often see manipulation is only the most holders, because cryptocurrency is decentral.

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No one can control btc transaction but can manipulate it's price. If you want to stop transaction of bitcoin then you have to close all internet connection and also shut down all computers. Because it's a huge network who comlplete bitcoin transaction.


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Bitcoin has nothing to control, because bitcoin runs alone on a blockchain network. Every transaction must go through every server in the blockchain network that nobody can control.

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No one can control Bitcoin since it is decentralize means it can't control by local government or other people. Bitcoin can be manage by the holder to make a profit on it or sell it.

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yes it will be a global trend soon as peoples are getting in every day more and more. Bitcoin is never being controlled by any one. Is is anonymous and cant be handled by a single territory. 

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Nope, nobody owns Bitcoin network even higher officials even the developers who have higher knowledge in it, they can improved its state but they cannot alter it. But who controlled it? The Bitcoin's user itself.

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On 12/4/2019 at 3:25 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ??

No one really knows for sure. Bitcoin addresses are almost anonymous and identifying their owners would be difficult, as these large market players (whales) could just transfer funds from different addresses, mixing it before even cashing it out through an exchange, therefore provides anonymity.

On 12/4/2019 at 3:25 PM, tranhungritc said:

is it going to be a global trend soon ??

We can't also predict if the market would accept Bitcoin with warm regards, or they would just let it slip and demand wouldn't increase. Though heads up, since Bitcoin's halving is near, it could generate another hype train that people would jump into, in combination with half the Bitcoin block reward, could drive the prices up, and make companies look into it more than ever.

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On 12/4/2019 at 12:25 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ?? is it going to be a global trend soon ??

Yes it will surely be a global trend very soon. No one controls bitcoin, either by a person nor by an organization. its a anonymous currency which have mysterious creator. But it has the same value as diamond. There is no control over it, but big investors control the market by manipulation.

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Well i think bitcoin is decentralized and no one controls it. It is one of the good benefit of bitcoin since it is not a secret to anyone, it is transparent. Bitcoin is controlling other crypto coin since alt coin is dependent on bitcoin.

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Maybe the very technology of the blockchain and does not control but with the number of bitcoins can affect the price. And perhaps they also affect the direction of prices.

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On 12/25/2019 at 4:11 PM, Interface User said:

Nope, nobody owns Bitcoin network even higher officials even the developers who have higher knowledge in it, they can improved its state but they cannot alter it. But who controlled it? The Bitcoin's user itself.

That is true no one cam control bitcoin or have access to control Bitcoin. The Bitcoin user can be the only one that can control his bitcoin

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I don't think any individual or an organization can control bitcoin because decentralization make it very difficult but i think whales have their impact on bitcoin price

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On 12/4/2019 at 12:25 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ?? is it going to be a global trend soon ??

This is the main feature of bitcoin and also a main fear of bitcoin that it does not have an owner or organization who controls it. This leads to be benefit for general public and fearbto the governments

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On 12/4/2019 at 12:25 PM, tranhungritc said:

Is there an organized or individual dose that can control bitcoin today ?? is it going to be a global trend soon ??

This is the main feature of bitcoin and also a main fear of bitcoin that it does not have an owner or organization who controls it. This leads to be benefit for general public and fearbto the governments

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I don't think so bitcoin is an independent coin that follows the market system no one controls it but can be influenced 

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No! There is no main authority or the main office can control the bitcoin. It is a decentralized platform.

The whales can control the price of the bitcoin. They can easily manipulate the price of the bitcoin

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