How Bitcoin Grew Without Team ?

[MoralStories 1127]

Hello friends.

As you know there are teams behind each new project and coins like eth there is a team running it, XRP too has a team and they are working very hard and still the rate is far behind btc.

As you know btc was the first coin and it took many years to reach this time so how did it grew at this level without any team ? And how all the coins came out of the one wallet to different wallets ? What about all such questions ? 

[AL SHAIMON 1293]

This is true that there is no team behind bitcoin. But it is the most popular and most used crypto-currency in the world. Basically bitcoin need no team it controlled by every trading sites and miners. So I think logically miners and traders control bitcoin.

[bogdanoff 3173]

There is always a team of developers. They are not the owners of a business though like Ripple is with XRP. bitcoin is decentralized and not a business made to make billions to a few people like the founders of Ripple.

[Frodler 943]

On 11/25/2020 at 1:51 PM, AL SHAIMON said:

This is true that there is no team behind bitcoin. But it is the most popular and most used crypto-currency in the world. Basically bitcoin need no team it controlled by every trading sites and miners. So I think logically miners and traders control bitcoin.

Is still wonder if there are groups or team of experts that are actually behind the successful growth of Bitcoin, but I think the anonymous nature have affected even the developers behind it

[AL SHAIMON 1293]

1 hour ago, Frodler said:

Is still wonder if there are groups or team of experts that are actually behind the successful growth of Bitcoin, but I think the anonymous nature have affected even the developers behind it

Yeah, they are doing there jobs without any credit. They all are crypto and their project is also cryptocurrency. I think they doing their best for this coin. They did really a remarkable jobs. We should appreciate them.

[annayks 2314]

There were always people helping Bitcoin to grow. It was the community and still it is the community that helps Bitcoin to grow. Satoshi and Gavin Andresen were the first and added more developers to the team. After Satoshi left it was massively adopted and miners increased rapidly.

[kryptonick 2659]

 

How do you think development happens. Bitcoin has bugs and will always have bitcoin developers because it is code and fixes have to be made. Also things change and someone has to update the code in many cases. Nothing stays the same forever and Bitcoin has some of the best programmers in the world that understand Bitcoin completely and are volunteer developers that get donations from institutions, exchanges and cryptocurrency funding mechanisms to keep their work done.

Edited November 26, 2020 by kryptonick

[estmerbol 257]

There may not be a public team behind BTC but I assure you that there are gented and behind the successful growth of BTC, the community, the investors who make payments in this currency. Exchanges all play a fundamental role. Surely somewhere, there will be someone working directly to make BTC become better every day

[pablomarwan 3082]

Each currency has its own mission, and each currency has its own team. Some currencies are extracted copies of bitcoin, I mean, some data were copied, such as ltc. Bitcoin. It is a special case and the algorithm with which it operates is complex. I look to some of the scenes. Perhaps there is a working group in secret of its own because it cannot flourish like this without the benefit of its owners.

[Ridam 7455]

On 11/23/2020 at 8:46 PM, MoralStories said:

 and it took many years to reach this time so how did it grew at this level without any team ? And how all the coins came out of the one wallet to different wallets ? What about all such questions ? 

At first know that Bitcoin is open source project,  though there is no team behind it but there are people who are working for the improvement of the Bitcoin Project. There has been many bug detected and solve in the Bitcoin Network in past days.

And the coins aren't going from one Wallet to another Wallet as you said. Minere are mining the blocks and getting rewards in btc, nodes are validating the Transaction and getting fees and users are buying and selling btc. This way btc is working on decentralised manner.

[Sykkuno 2887]

Bitcoin started with a team that was growing. There is always a team, bugs don't fix themselves and mining doesn't happen alone. There is a community in Bitcoin, this is the team and there is consensus about the decision process.

[setifien 1016]

Bitcoin is a fully decentralized cryptocurrency, that means it does not need a team that hold control over it and its use, the only team btc had is crypto users who have access to the different transaction made in the blockchain network.

[Teminali69 1081]

It is still not clear that satoshi nakamoto was a single person or a group of people so why you are thinking that it is impossible without a team also know that the possibility of satoshi nakamoto was group of people increases.

[Syedbesharat 5423]

On 11/23/2020 at 8:01 PM, MoralStories said:

Hello friends.

As you know there are teams behind each new project and coins like eth there is a team running it, XRP too has a team and they are working very hard and still the rate is far behind btc.

As you know btc was the first coin and it took many years to reach this time so how did it grew at this level without any team ? And how all the coins came out of the one wallet to different wallets ? What about all such questions ? 

The BTC creator make big effort in success of project which lead BTC at top and make huge in crypto market which size is many time bigger then any coin of the market. The cap is 79% of whole market cap so far any other project haven't made this much success with team. Where we can wonder how BTC achieve this, this is clearly the love and trust of people who invested in BTC and make successful. The other projects who are competing  against have strong teams but still can catch up to BTC. 

[joemcgwa 3227]

On 11/23/2020 at 6:01 PM, MoralStories said:

Hello friends.

As you know there are teams behind each new project and coins like eth there is a team running it, XRP too has a team and they are working very hard and still the rate is far behind btc.

As you know btc was the first coin and it took many years to reach this time so how did it grew at this level without any team ? And how all the coins came out of the one wallet to different wallets ? What about all such questions ? 

The bitcoin price is growing without its management while others coins has their own management, this is due to people was starting to use bitcoin before any other coin and also they are interested on it, so thats its having more demand.

[yonkii 3205]

On 11/23/2020 at 5:01 PM, MoralStories said:

XRP too has a team and they are working very hard

You mean they are working very hard to find the best price for XRP and sell the billions of XRP owned by that team? Beacuse I don't think they are working at all. Their CTO is constantly on Twitter and on vacations, the rest are just living a glamour lifestyle and perhaps they created the perfect heist.

[joemcgwa 3227]

On 12/9/2020 at 6:13 PM, Teminali69 said:

It is still not clear that satoshi nakamoto was a single person or a group of people so why you are thinking that it is impossible without a team also know that the possibility of satoshi nakamoto was group of people increases.

Even if Satoshi Nakamoto were created bitcoin by the team, there was supposed to see the team thats was cooperated by Nakamoto on creating bitcoin, so unfortunately there's no one behind it.

[Fixfin 2569]

I don't know why you think there isn't a team, as for Bitcoin the team is the community that has the developers, the miners and everyone else including the users, so Bitcoin always had a team it wasn't a creation of an artificial intelligence and it requires bug fixing and code updates.

[Teminali69 1081]

On 12/9/2020 at 3:15 PM, Sykkuno said:

Bitcoin started with a team that was growing. There is always a team, bugs don't fix themselves and mining doesn't happen alone. There is a community in Bitcoin, this is the team and there is consensus about the decision process.

I think it was started by one man and what happened next is not a team but people who supported it and the community which accepted and invested on it, is what made bitcoin grow.

[Cryptomint 433]

On 11/23/2020 at 8:01 PM, MoralStories said:

Hello friends.

As you know there are teams behind each new project and coins like eth there is a team running it, XRP too has a team and they are working very hard and still the rate is far behind btc.

As you know btc was the first coin and it took many years to reach this time so how did it grew at this level without any team ? And how all the coins came out of the one wallet to different wallets ? What about all such questions ? 

This grew with our support with the public and one more thing Satoshi has made it completely. And it is going high with its demand..

[Nicole018 4548]

I am sure the value and remind for Bitcoins increased when people worldwide came to realise the potential benefits that come with the usage of cryptocurrencies in the future. once there is an increase in the value and demand for a particular investment commodity this will have a chain effect which in turn would for the increase the value and demand. This has brought bitcoins to the position it is now.

[Mella 3680]

As I know Bitcoin is not controlled but it is decentralized. It is a community based currency where there is no person that administers but many people together that work for Bitcoin as developers and the miners that make the decision. It is having people to care for it.

[scofield64 943]

Yeah, it's true that bitcoin has no team behind it but its grew more popularity than the other coin and its price is very high compared to other altcoin. The price of bitcoin depends on its demand and supply. 

[KHALED ADWANI 1216]

This is what distinguishes Bitcoin from other cryptocurrencies.

Its advantage is that no one can control it.

It operates in a specific system that cannot be changed, and the price is governed by supply and demand only

[Syriana 350]

Indeed, Bitcoin has grown without a support team, but it was through development workers who did the work to be its Bitcoin product and start to rise.It's really a very successful and wonderful production