he discovered it when he was in a cave in the misty mountains some time around august to october it involved a riiddle contest with gollum/smeagol
If it is in the Hobbit, it is to get Bilbo started on his adventure. If it is in the Fellowship of the Ring it is to have the ring returned to the mountain to be destroyed.
Finding the One Ring.
in short, yes. he is a very hesitant hobbit, but with an irrepressible spirit for adventure.
Bilbo Baggins had many relatives all over the country, but his most important one was his nephew (and adopted son) Frodo.
He is one of the descendants of the Old Took.
In "The Hobbit," Gollum is cunning, with a split personality that fluctuates between his Smeagol and Gollum personas. He is obsessed with the One Ring and is deceitful in his interactions with Bilbo Baggins.
The original hobbit was named Bilbo Baggins. He makes a brief appearance in The Lord of the Rings. The book is titled The Hobbit, or There and Back Again by Bilbo Baggins.
Frodo Baggins is the main hobbit character, due to the fact that the greatest burden is placed on him. There is a lot of discussion about who the hero is in The Lord of the Rings. Many believe that Sam is the hero, the one who represents every man. In The Fellowship of the Ring, Frodo is definitely the main hobbit, as we hear mostly his thoughts and feelings. The same goes in the Two Towers. However, Sam is the main hobbit in the Return of the King, as he is the only one left to continue the quest and he saves Frodo and things are seen from his point of view.
Bilbo's mother was named Belladonna Took.
The Longfather Trees of the Hobbits show Frodo with five Uncles: Dinodas Brandybuck Didonas Brandybuck Saradas Brandybuck Rorimac (old Rory) Brandybuck Dudo Baggins Frodo's father, Drogo Baggins was Bilbo's second cousin, so they were 2nd cousins once removed. However, in the book Frodo is commonly referred to as Bilbo's nephew, so Bilbo is referred to as Frodo's Uncle. Baggins.
The One Ring changed hands several times: It was forged by Sauron Isildur cut the Ring from Sauron's hand. He was shot by orcs when the Ring slipped into the Anduin River Deagol took the Ring from the Anduin Smeagol, later Gollum strangled Deagol to get the Ring, and kept it for over 500 years The Ring was picked up by Bilbo Baggins in a dark cave At the urging of Gandalf, Bilbo passed the Ring to Frodo Baggins Sam took the Ring from Frodo when Frodo was stung by Shelob Sam freely returned the Ring to Frodo Gollum bit the Ring and the finger it was on off Frodo and fell into the fires of Mt. Doom with it. The One Ring was destroyed.
Many people knew that the One Ring existed, but they didn't know that Bilbo had it, except for Gollum. Gandalf suspected that Bilbo had the ring, but he wasn't sure.