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Topic: DUMP CENTRALISED CRYPTO !! (Read 720 times)

full member
Activity: 579
Merit: 102
May 30, 2019, 09:20:20 AM
Personally, as for me, centralization doesn’t do any good to drive any market as it gives control to an asset, in other words, it provides a tool for manipulating a certain circle of people who will earn money on it, and if you look at the whole, then this is a direct violation of all the principles of the blockchain technology then sense from similar tokens.
member
Activity: 616
Merit: 30
May 30, 2019, 07:20:58 AM
#99
its like having you guys as traitors in decentralized revolution !!

Just saying, i explained one of my friend the concept of RIPPLE is thought it was the same as BITCOIN, he thanks me for taking my time to put some light on crypto concepts.

Can you please tell me why you support centralized coins ? you love government busting your ass ?
If you don’t know,many of the investors here has no concern about what will happen to the market either if this centralized or decentralized what’s important for them is the profit they will get from supporting one coin to another and if this is profitable or not.
In this you cannot tell them what is good or bad for the crypto community but what’s he need is to gain
legendary
Activity: 3080
Merit: 1144
May 30, 2019, 07:07:31 AM
#98
I'm not supporting a centralized coin, the purpose of bitcoin is decentralization and that is why the crypto world is created.
However, we can't blame people if they are supporting a centralized one, we are in an open market and we have the freedom which to support.

In addition, some are not here for long term, they are just here to enjoy the profit in short term and might leave the market.
Everyone has different views, but hopefully the decentralized coin will continue to dominate the market.
jr. member
Activity: 544
Merit: 1
May 30, 2019, 06:39:52 AM
#97
I don't think decentralization will work on cryptocurrency. The same decentralization that was introduced and gave scammers room to do what ever they like. It's better to know who are investing your money to and what they are capable of
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
May 29, 2019, 10:26:55 AM
#96
dumps not only occur in decentralized tokens but more precisely occur when coin new openmarket and dev can't do anything. in those days, in my opinion, it takes around 3 to 4 weeks to wait for the return time
Now it takes much longer than 3-4 weeks for the price of coins to return to their values that were at the time of the ICO. coins fall very hard and almost no one then buys them again. this is a big problem. even IEO is no longer effective. after collecting money, the price still falls after listing
sr. member
Activity: 1092
Merit: 250
May 29, 2019, 09:30:11 AM
#95
dumps not only occur in decentralized tokens but more precisely occur when coin new openmarket and dev can't do anything. in those days, in my opinion, it takes around 3 to 4 weeks to wait for the return time
member
Activity: 490
Merit: 10
May 29, 2019, 09:23:40 AM
#94
I do not like centralised crypto currencies as well, but nobody is forcing you to hold them in your portfolio. Because coins like Ripple are doing a lot for the whole industry and trying to near the mass adoption.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
May 29, 2019, 09:21:20 AM
#93
its like having you guys as traitors in decentralized revolution !!

Just saying, i explained one of my friend the concept of RIPPLE is thought it was the same as BITCOIN, he thanks me for taking my time to put some light on crypto concepts.

Can you please tell me why you support centralized coins ? you love government busting your ass ?

If I were to be asked, I would prefer decentralized coins because there is no third party that will get in our transactions. In any case about ripple, I did not hold such coins not only it's low price but it seems the growth is not like Bitcoin where it bubbles have a assure profit for holding.
sr. member
Activity: 2002
Merit: 314
Vave.com - Crypto Casino
May 29, 2019, 08:36:53 AM
#92
Well i think that centralized coins not have a lot of possibility to grow in my opinion and who want better invest on decentralized coins because most grow on past was from that coins.
Centralized coin is also good, it just that they are being controlled by a company and under the law of the government. They grow a lot because of businesses that support them especially XRP. I don’t have xrp but its a good top coins and still place on the top since of its entry. Centralized can beat by a decentralized coin, don’t worry.
hero member
Activity: 1414
Merit: 516
May 29, 2019, 08:22:22 AM
#91
Well i think that centralized coins not have a lot of possibility to grow in my opinion and who want better invest on decentralized coins because most grow on past was from that coins.
member
Activity: 742
Merit: 16
May 29, 2019, 08:01:44 AM
#90
The truth is uncertainty is plaguing decentralized coins and the desires of centralized coins are growing ,safety is what people wants and they think centralized is the only way
jr. member
Activity: 44
Merit: 1
May 29, 2019, 07:47:36 AM
#89
Well, ideally Bitcoin can only be referred to as the Decentralized coin because every other ALT has known team leaders. Moreover, for the so-called centralized coins your talking about, the best thing about them is that you always see their teams pushing hard to make things happen for them, and i think that's why people like it.
full member
Activity: 708
Merit: 103
Empowering crypto w/ sustainable energy
March 30, 2019, 05:57:34 PM
#88
What does centralized coin mean? I think that every altcoin is centralized because it has a main team which has the biggest power. Only GRIN coin has same story like Bitcoin - there is no author, there is no entity which will have a bigger power than you.
full member
Activity: 700
Merit: 100
March 30, 2019, 05:52:54 PM
#87
I believe people should drop centralized coins but the problem is these coins can return good profits so people put money over decentralization

I think not all decentralized coins can return profits because everything also depends on the development team, it's best to look for the safe losses that will be faced to invest in both so that later it will be able to get more profits. which is clearly no one knows about the future conditions for cryptocurrency, just hope the best for the coins we hold.
jr. member
Activity: 462
Merit: 1
March 30, 2019, 05:44:15 PM
#86
Listen this is just a whale game. Of course it was in the box. One of the best coins is growing, this pozitivnaya news means the market is moving and everyone is catching up. Well, to reset. The guys will get 5% of the gigantic amount without losing anything, why not play god.
jr. member
Activity: 126
Merit: 2
March 30, 2019, 05:38:18 PM
#85
Cryptocurrencies like Ripple are not exempt from pump and dump transactions.

Last year 535 million dollars in XRP were sold by Ripple to several buyers including institutions and exchanges, however, this series of sales of XRP is suspicious and could be an attempt to pump the price of XRP and then dump.

All this is possible because Ripple owns 60% of the total XRPs in circulation and this is a valid reason to indicate that the whole project is centralised and, since the team has the power to manipulate the entire market, they can influence the trend of the crypto markets.
jr. member
Activity: 280
Merit: 2
☀️ Iskra Coin ☀️
March 11, 2019, 07:25:07 AM
#84
I'm not a fan of centralized coins and I prefer decentralized but even the decentralized ones are not fully feeling like decentralized ,I think it will be better to hold both because only God knows what will happen in the future ,its unpredictable
jr. member
Activity: 280
Merit: 1
March 11, 2019, 07:05:19 AM
#83
In the world of cryptocurrencies, many are definitely in support of the decentralized coins. Whether to dump or hodl centralized coins is a matter of choice. Although many are against the concept behind centralized coins, we can't rule them out since ripple for instance has a lot of support from many crypto enthusiasts.
newbie
Activity: 13
Merit: 0
March 11, 2019, 06:06:25 AM
#82
I believe people should drop centralized coins but the problem is these coins can return good profits so people put money over decentralization
hero member
Activity: 966
Merit: 517
March 11, 2019, 05:50:31 AM
#81
I still prefer crypto now because this is a free market and luckily comes to me. I earn a lot of money from the decentralized market.
In the centralized market there are too many laws and I can't break through to make a lot of money.
sooner or later the decentralized market will attract many small and large investors worldwide.
Centralized market too isn’t that bad if you know your ways, after all most people that has made it before decentralization started existing made it through centralization, I am not saying decentralize market is bad, both have their major roles to play in the finance of every one, none of the two can be overruled.

The best is to have the two of them and apply whichever one is applicable at that period to ones need.
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