The magic ring has the ability to turn the wearer invisible. It also makes the wearer feel a great burden and become obsessive over it. It has a will of its own. It can also draw the attention of dark forces when it is being worn.
Smegall is the one who wants the ring so badly.
he calls the ring; "the precious"
he was still a hobbit but only in a monsterous form instead of in human form they called him Gollum because they did not know what kind of creature he was he was also given an instinct of a wild animal by the powers of the magic ring
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.
He was able to vanish using his magic ring before he was found.
Magic, right? I refer you to the hobbit & the lord of the rings.
The ring is not a character it is not a person.
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 Fellowship of the Ring , The Two Towers and The Return of the King .
Bilbo Baggins
The one ring
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.
His name was Gollum and he was a Hobbit that was corrupted by the magic of the ring that he carried for the extended period of time before it fell to the hands of Frodo and the Fellowship of the Ring.
Frodo carried the ring to Mordor.