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Topic: Centralized coins - page 2. (Read 984 times)

full member
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One Social Network
November 12, 2018, 09:05:10 PM
Yes. Many companies and governments don't want a public blockchain. But many won't use solutions like Ripple and would rather create their own private and centralized blockchain.
hero member
Activity: 1470
Merit: 555
dont be greedy
November 12, 2018, 08:35:21 PM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

they can be easier to get support from other agencies, because control can occur without the user's knowledge
so if there is fraud occurring, it is certainly a risk for a centralized system
there's no harm in also having XRP in the wallet, because XRP might be viral easier because of the support of banks and the government
full member
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November 10, 2018, 06:47:27 AM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

Not at all, centralized coins go against everything that cryptocurrencies stand for and the reason that they were made in the first place. So many people are coming into cryptocurrencies because they can be sure that the money is not controlled by just one person who can lay claims to the coin and with centralized coins that is not the case and that is why they cannot be trusted
copper member
Activity: 190
Merit: 1
November 05, 2018, 11:14:10 AM
I hope not, because such centralised coins have nothing to do with crypto currencies. The main goal of crypto is to make world decentralised and we would not move forward with such coins as Ripple and other centralised garbage.
full member
Activity: 644
Merit: 145
November 05, 2018, 07:01:56 AM
I hate centralised coins, because they do not have anything familiar with crypto currencies. The main idea are the payments without any third party and centralised coins just want to catch the hype train. Believe in crypto and stay away from such coins as Ripple.

Only 16% of the blockchain projects existing in the cryptocurrency market are decentralized. In the remaining cases, the developers and creators keep the situation under their control and have the opportunity to make changes to the protocols at their discretion.
jr. member
Activity: 294
Merit: 6
November 05, 2018, 06:32:40 AM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

I do not believe that there is any room for centralized coins here, I mean if we wanted centralized currency then we would just stick with the fiat that we have now. The reason that we are using cryptocurrencies in the first place is because we can be sure that there is no one that is actually controlling the coins, so with centralized coins there is no way people can trust it
full member
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November 03, 2018, 12:54:06 PM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

there are whales out there which will not let it happen recently we have seen this event too when the ripple swaped the place of ether then whales made their move to place the ether again to the second position
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November 03, 2018, 12:46:45 PM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?
i guess that's a certain inhteresting point in crypto sphere. we all know that crypto is supposed to be decentralized but there's something curious about ripple, don't you think so?
full member
Activity: 350
Merit: 100
November 01, 2018, 02:11:47 PM
The particular lifestyle regarding these kinds of money, in fact, rely upon the particular centralized method which they bring. After all, they are going to by no means permit the price tag on the particular coin rise above the particular restrictions and so can constantly help make the balance regarding purchase which is planning and also moving away from the industry. Hence the complete flow stays unrevised and also that's exactly why they will acquire put in greatly on a regular basis. Folks just like a lot more stableness today and they're sick and tired of possessing massive volatilities as you go along.
sr. member
Activity: 672
Merit: 250
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October 22, 2018, 07:02:41 AM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

There is room for all of the coins but with centralized coins people are less inclined to invest in them since one of the reasons for cryptocurrecnies is decentralization and knowing that there is no one person in charge of the coins. That is how it works, there is nothing better about centralized coins in comparison to decentralized coins, they are the worst choice
member
Activity: 392
Merit: 38
October 21, 2018, 09:19:01 AM
The question is why people developed centralized cryptocurrencies in a blockchain technology? If the blockchain technology purpose and if the people are after the decentralization system then why is there are developers who developed centralized cryptocurrency?

Please, experts, explain to us what are the advantages/disadvantages of centralized cryptocurrency and why people should not support this platform?
jr. member
Activity: 154
Merit: 1
October 21, 2018, 08:47:29 AM
I believe that centralized coins should not be in that market at all because it is not correct since the creator initially laid the idea of decentralization of cryptocurrencies and this is all its charm
full member
Activity: 560
Merit: 100
October 21, 2018, 08:41:12 AM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?


I'm not sure of that, because until now bitcoin remains the most expensive crypto compared to all existing assets. yes ripples will never be able to overtake bitcoin as the first. the problem is, because manipulation can always be done by a centralized developer to take advantage of the magnitude.
jr. member
Activity: 154
Merit: 1
October 21, 2018, 08:37:11 AM
I do not see the point and profit in investing in centralized coins, as their price does not change, it stands still. You're not investing in USDT !
sr. member
Activity: 868
Merit: 251
October 21, 2018, 03:27:57 AM
Centralized coins will die in the near future. Now they are needed solely in order to fix the profit for a certain period of time.
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October 19, 2018, 10:04:47 AM
Do you think there is a room for centralized coins such as Ripple win over Bitcoin and Ethereum ? What is the good part about centralized coins against the decentralized ones ?

The strong point of centralized coins is to be supported by strong financal corporations behind, may control price without depending so much on market. But that is also what the cryptocurrency community doesn't like
jr. member
Activity: 157
Merit: 1
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October 19, 2018, 09:07:25 AM
Centrilized coins are not the variant for the future because we are trying to move out of this and people still think about the centralized ones, I can't believe in it...
member
Activity: 238
Merit: 10
October 19, 2018, 08:31:29 AM
I don't support them because decentralization is the general plus of crypto and it is a stupid mistake to move out of this index to the wrong one.
full member
Activity: 518
Merit: 100
October 19, 2018, 07:32:13 AM
I hate centralised coins, because they do not have anything familiar with crypto currencies. The main idea are the payments without any third party and centralised coins just want to catch the hype train. Believe in crypto and stay away from such coins as Ripple.

VeChain is underestimated. I believe - it will be gaining very fast. probably, the price of the altcoin will increase in 5-8 times in 6 months. VEN is good for investments.
jr. member
Activity: 126
Merit: 4
October 16, 2018, 11:50:46 AM
I hate centralised coins, because they do not have anything familiar with crypto currencies. The main idea are the payments without any third party and centralised coins just want to catch the hype train. Believe in crypto and stay away from such coins as Ripple.
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