It turns the user invisible; Bilbo experienced this firsthand when he escaped the deranged Gollum.
Smegall is the one who wants the ring so badly.
he calls the ring; "the precious"
who can really tell? but if gollum had not survived the one ring could never have been destroyed.
At the end of the "the Hobbit" Bilbo leaves a note with the ring attached to it, saying that he plans to go traveling. At the beginning of "fellowship of the ring" Gandalf tells frodo to take the ring to Mordor and destroy it in the fires of the volcano. Bilbo does have a few minor parts in the later books but he is an old hobbit.
Bilbo found both the ring and Gollum.
Frodo Baggins was the hobbit that ended up with the One Ring.
No, there is no indication in The Hobbit that The Ring was malevolent, although it is most definitely magical.
The ring is not a character it is not a person.
The Fellowship of the Ring , The Two Towers and The Return of the King .
It could easily have other powers. Some of them are hinted at, but they are discussed in The Lord of the Rings.
The one ring
Bilbo Baggins
In The Hobbit the ring's only power is that it makes its bearer invisible.
Smegall is the one who wants the ring so badly.
Frodo carried the ring to Mordor.
he calls the ring; "the precious"
who can really tell? but if gollum had not survived the one ring could never have been destroyed.