I was considering not replying to this troll tread. But you consider this:
Bitcoin can only reflect decentralization to the extent present in society. It is no some magic wand you wave and everything will be good and shiny.
Topic: Decentralization? My ass... - page 2. (Read 1798 times)
There's a topic about it in "Bitcoin Discussion" but no newbies allowed 
so I start my on thread.
Quote:
Decentralization? My ass...
http://blockexplorer.com/block/000000000000056b0e24803ac1032f8e3d5120fd8aea85e0502d4aff249eb4ca
This is one of the biggest weaknesses of Bitcon. If a 12k sell causes a drop of 2$ you can imagine what a 1,2M sell will do. The market plunges to 0.01 $ and you guys are all screwed. Then they buy them back cheap and repeat it.
Don't tell me I didn't warn you. Bitcon will go back to 0 in the end.
so I start my on thread.Quote:
Block 142742
2.32m BTC's just moved... Nearly 1/3 of all available BTC's mined so far.
Any guesses who?
Cheers,
Kermee
2.32m BTC's just moved... Nearly 1/3 of all available BTC's mined so far.
Any guesses who?
Cheers,
Kermee
Decentralization? My ass...
http://blockexplorer.com/block/000000000000056b0e24803ac1032f8e3d5120fd8aea85e0502d4aff249eb4ca
This is one of the biggest weaknesses of Bitcon. If a 12k sell causes a drop of 2$ you can imagine what a 1,2M sell will do. The market plunges to 0.01 $ and you guys are all screwed. Then they buy them back cheap and repeat it.
Don't tell me I didn't warn you. Bitcon will go back to 0 in the end.
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