Topic: DUMP CENTRALISED CRYPTO !! - page 5. (Read 760 times)
Maybe they think, when they invest in centralized coins, the price will be more stable than decentralized coins. But it all depends on the beliefs of each
I'm not trying to be the guy who spreads FUD or something negative but let us be realistic here, centralized and regulated coins have a higher chance to get famous and succeed more than those decentralized ones. Bitcoin became famous because it is the first cryptocurrency and it sparks the era of crypto. Today, it's all about sticking to those who are more likely to succeed. I do not like the government nosing around me but investment wise, it's good.
I am in support of the decentralized system where it's under no regulations but there are things that are needed to be understood the decentralized system can work better if there is a internal body that check mate things going on in cryptocurrency and lead to lesser scam in this sector
Seems like your definition of centralized/decentralized crypto is different from the others (just like any debate about decentralization, anybody is free to pick their definition). But I think what you mean is not about centralization/decentralization but legal framework or regulations for ICO projects or something similar. Remember 2018 where everybody can start their own ICO and then exit scam afterwards? That's what you're worrying about right?
The good news is, most government already aware of this issue, and they choose to either ban ICO or regulate it heavily. Malaysia for example consider ICO as securities offering iirc, while China bans it.
I am in support of the decentralized system where it's under no regulations but there are things that are needed to be understood the decentralized system can work better if there is a internal body that check mate things going on in cryptocurrency and lead to lesser scam in this sector
I don't have XRP or any centralized crypto at the moment. But I can't blame people who have those kind of crypto, cryptocurrency is about freedom and they can hold and buy whatever they want. They can't dump those coins because it's beneficial for them, I won't push them to dump all of those coins that they have. What's important to me is that they are aware that they are holding a centralized coin. Instead of pushing them to dump it, I tell them to buy bitcoin on the other hand.
In the long run, it wont matter whether a cryptocurrency is centralized or not but what will matter is whether they are able to deliver their promise to general public. Only few are into cryptocurrency while majority are into it for the immediate gain and the true value only comes when there is many adoption and real life use cases. This is what matters.
Let's be honest, as long as you can make money with centralized cryptos (by trading or holding or with any other practice), people won't dump their coins. Nowadays, people aren't interested in buying/investing in cryptocurrencies because of the tech or because they want to support a crypto revolution (or a decentralized revolution like OP says), it's all about making money in the long run. So, it's very unlikely that people are going to dump their coins simply because of the centralized nature in some coins.
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Name: pussyhunter6969
that's quite the username you got there, OP.
I don't support shitcoins and bankster coins like XRP. They shouldn't even be called cryptocurrencies. They are nothing but tradable tokens, just like casino chips or gift cards. A cryptocurrency is much more than a token backed by a company that can do anything with it.
Cryptocurrencies like Bitcoin don't depend on people like Ripple CEO, they don't depend on the board of directors, they aren't premined and held hostage by a group of "founders" and they aren't used to pay employee wages.
Cryptocurrencies like Bitcoin don't depend on people like Ripple CEO, they don't depend on the board of directors, they aren't premined and held hostage by a group of "founders" and they aren't used to pay employee wages.
Majority of the users won't prefer centralized cryptocurrency, because it is completely into the control of few people who hold the majority of the coins. They have got the potential to manipulate the market as well has got the access to freeze the funds of people who have invested into it. Centralized crypto makes the system function as banks.
centralised cryptos with a mission are the future. decentralised cryptos are just an advertised brand. they are no capitalism and no leadership, no constance, just uncertainty and volatility.
1. You are wrong or trolling.
2. You didn't understand what blockchain is and what Bitcoin is.
3. Price is not necessarily the measure of success.
Can you please tell me why you support centralized coins ? you love government busting your ass ?
While many are driven purely by price like the donkey with the carrot, it's not the case for everybody.
Ripple is a speculative asset and many love it because it made them earn money. Stable coins among speculators' most used tools.
That doesn't mean they support them. Many hate Ripple. I keep telling that Ripple is not really a crypto coin like BTC.
People need education. The lack of education and the perspective of easy money can make ugly casualties...
Like you, I also don't like centralised coins. But to dump a coin just for this and realise a loss... it's kind of dump 
It doesn;t matter do we like it or not, Ripple is one of the 5 big.
It doesn;t matter do we like it or not, Ripple is one of the 5 big.
We've done as much as we did, what can we do after this time? we have no choice but to wait. my damage is big. and I am in hodl mode. The thing I can say for ripple is, that it's companies and goverment behind it. but the unknown btc and ripple rises maybe, in future.
it's about stable value, and stable value is with the government, Bitcoin is decentralized, and all controls are in the bitcoin holder. while ripple, 70% is controlled by dev. the government can accept decentralized crypto currencies, but it will not discard the concept of centralization. so I continue to support the government and banking. because they can make a stable value.
Despite the drastic decline, I will continue to support crypto, I'm sure crypto will progress for the future. Stay optimistic, and don't give up.
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.
Why don't you explain clearly here in this thread now what you have said to your friend so that he was enlightened and it might help others too, so i expect you to take your time to edit your thread again and enlighten others too. 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.
Anyone can have their own choices when it comes to investment, if you loose money no one is going to return because you favor them, be smart in what you do.
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Can you please tell me why you support centralized coins ? you love government busting your ass ?
Why would any government bust your ass if you support anything that is not against the law. Do you really think that government would bother if you are not bothering them with your actions. 
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 ?
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 ?
It's two fold as far as I can concern, Ripple is a centralize coin no doubt about that, but the market is open and lots of speculators. Speculators who doesn't care about the effects or shall I say they're not a purist.
All they wanted is to make quick money and they don't fucking care if it's a centralize or decentralize coins. As long as they can ride the wave by joining the bandwagon, then they will do it, sad but true.
no way to do that right now as a lot of people are deep in ALTs and most ALTs are centralized.
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 ?
The current situation all the coins are unbalanced in crypto market. So few of them are supporting to centralised coins because of stable growth possible in future. But I am not recommend to centralised platform because most of the time it was working on improperly so hard to predict the future. If you choose the decentralised platform it will follow the Bitcoin way. 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 ?
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 ?
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 ?
centralised cryptos with a mission are the future. decentralised cryptos are just an advertised brand. they are no capitalism and no leadership, no constance, just uncertainty and volatility.
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 ?
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 ?
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