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Topic: I no longer consider bitcoin as a decentralized currency... - page 6. (Read 6338 times)

hero member
Activity: 697
Merit: 503
The volatility is killing it - small deviations are fine but not the huge drops and rises we see every few months

And these huge drops and rises who or what is causing it other then media?

TBH I think the "Bitcoin Theives" - the people that stole from Gox, Silk Road etc. With such a large amount stolen they are offloading the coins fast and shorting the price.
legendary
Activity: 1890
Merit: 1058
Vave.com - Crypto Casino
The volatility is killing it - small deviations are fine but not the huge drops and rises we see every few months

And these huge drops and rises who or what is causing it other then media?
legendary
Activity: 1890
Merit: 1058
Vave.com - Crypto Casino
Why are the mining centers killing it? More and more merchants are accpeting btc daily, you just need patience. It's going to be a slow process.

I've done my fair share in spreading this anywhere in all local shops explaining benefits, no charge back risks little to no fees. Its been 7 years now and I've yet to see a single store in my area to accept bitcoins for something as simple as a doughnut. I understand slow process but where is the decentralization or hardware that is worth purchasing? What makes bitcoin decentralized anymore?
hero member
Activity: 697
Merit: 503
The volatility is killing it - small deviations are fine but not the huge drops and rises we see every few months
hero member
Activity: 756
Merit: 500
Why are the mining centers killing it? More and more merchants are accpeting btc daily, you just need patience. It's going to be a slow process.
legendary
Activity: 1890
Merit: 1058
Vave.com - Crypto Casino
I'm not saying I have lost any faith but it is lost its touch since I was introduced in 09 if anything it has become monopolized.

What is killing the bitcoin are the multi-million dollar data-centers dedicated to mining, little to no acceptance as an alternative payment method, nearly impossible to keep up with difficulty increases, and limited peer to peer exchanges.

Tell me otherwise?
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