i give you a good advise, liberalise that index, let everyone list the stuff he wants, make it open.
it will cleanse and sanctify it.
a natural stability will establish itself in it. only people with a lot of guts that know what they are doing will then list big token.
much better then the current corruption/profitmaximizing agenda of the bitcoinmaximalists.
everyone with some brain, sees and understands it. the aura of their disapprovement is whats causing your "bearmarket"
you cant really improve your situation by banning users, and create a form of fake bitcoinchilling environment.
Topic: If Bitcoin means Decentralisation why did it brought then a centralised - page 2. (Read 585 times)
February 13, 2019, 03:07:44 AM
February 13, 2019, 02:09:54 AM
Bitcoin is totally decentralized as initially planned but the service exchange platforms have to secure themselves and their clients asset using escrow, without which this place will not be conducive for you and me to operate, so it is for your own safety and benefit.
February 12, 2019, 10:14:40 PM
Guys you can stop responding to this thread, it's difficult to argue if you don't have the same definition of decentralization. This will become pointless, unproductive debate. Or maybe this was never meant as a debate?
Nah.
Nah.
February 12, 2019, 09:55:42 PM
Oh, another "decentralization" thread. Decentralization also means that there is no central party who controls supply and demand. Plus there is no central party who acts as a clearinghouse.
Coinmarketcap thing is not a problem. Don't like it, don't use it.
Coinmarketcap thing is not a problem. Don't like it, don't use it.
February 12, 2019, 08:12:02 PM
it has a stable value because all those that got it airdropped can't sell it.
Regardless if it's an airdropped coin/token or not, it's not going to be stable, unless it's a stablecoin.it can have a huge marketcapitalisation, potentially even bigger than bitcoin, depends on the manipulation the issuers have executed with it.
it will mobilise many more people that have a popular support in it.
that will diminish the amount of bitcoin shillers.
Keyword: canit will mobilise many more people that have a popular support in it.
that will diminish the amount of bitcoin shillers.
Not because it can, it doesn't mean that it will. There are thousands and thousands of coins and tokens right now, and there will be more. What are the chances that this specific unknown coin/token will be bigger than bitcoin?
there will be multiple loads of such token, they were in the past surpressed as something called "ponzi scheme", but it wont be as easy this time for you since you dont controll/manage a humanist state
and you simply run a 1. private. and second 2. profit oriented cryptoindex. that you try to sell the world as golden truth, but in truth its just an advertisement, or a popup.
there is just no consciousness about it.
Not every single new coins/tokens are marked as "ponzi scheme". You ever heard of the new coins: Beam and Grin? Whereas even some bitcoin enthusiasts are excited about it because of the technology?and you simply run a 1. private. and second 2. profit oriented cryptoindex. that you try to sell the world as golden truth, but in truth its just an advertisement, or a popup.
there is just no consciousness about it.
Not everything is being based on the "profit oriented cryptoindex" you're referring to so please stop the bullshitting. Most coins and tokens aren't getting any publicity, simply because they really don't deserve the publicity. That's simply just it. The same reason why not 100% of businesses are being famous and profitable, because not 100% of the businesses are good. Like come on, it doesn't take a smart person to realize this.
February 12, 2019, 03:48:20 PM
Bitcoin itself is decentralized. All other cases of its centralization are the work of other people. Bitcoin keeps its idea, and I hope it will continue.
February 12, 2019, 03:20:59 PM
and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?
isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?
in my oppinion yes.
If Bitcoin is accepted and used as it is, it protects its own nature. Today you can do that too. It may be the reason that we all see BTC as the source of income and we rely more on the centralized exchanges. Think about it, it is not possible to change the Bitcoin to current money. It would not have caused so much attention, but it could protect itself today. isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?
in my oppinion yes.
February 12, 2019, 01:26:58 PM
i will give you something you see this token:
its a new type of token, targeting your "popularity criterias"
its being spread among countless wallets, much more than bitcoin wallets and bitcoin holders.
it has a stable value because all those that got it airdropped can't sell it.
it can have a huge marketcapitalisation, potentially even bigger than bitcoin, depends on the manipulation the issuers have executed with it.
it will mobilise many more people that have a popular support in it.
that will diminish the amount of bitcoin shillers.
there will be multiple loads of such token, they were in the past surpressed as something called "ponzi scheme", but it wont be as easy this time for you since you dont controll/manage a humanist state
and you simply run a 1. private. and second 2. profit oriented cryptoindex. that you try to sell the world as golden truth, but in truth its just an advertisement, or a popup.
there is just no consciousness about it.
its a new type of token, targeting your "popularity criterias"
its being spread among countless wallets, much more than bitcoin wallets and bitcoin holders.
it has a stable value because all those that got it airdropped can't sell it.
it can have a huge marketcapitalisation, potentially even bigger than bitcoin, depends on the manipulation the issuers have executed with it.
it will mobilise many more people that have a popular support in it.
that will diminish the amount of bitcoin shillers.
there will be multiple loads of such token, they were in the past surpressed as something called "ponzi scheme", but it wont be as easy this time for you since you dont controll/manage a humanist state
and you simply run a 1. private. and second 2. profit oriented cryptoindex. that you try to sell the world as golden truth, but in truth its just an advertisement, or a popup.
there is just no consciousness about it.
February 12, 2019, 12:16:45 PM
To the best of my knowledge the meaning of decentralization is far from what you are saying. Decentralization in this contest means bitcoin is not control by any individual or Government of a particular country, the protocol is accessible by anyone in any part of the world.
How come crypto index is coming into the picture while we talk about decentralization? The index has nothing to do with the network itself. It just provides an overview of the pricing aspect of cryptos to benchmark it against the real world currencies to determine its purchasing power. Having an index doesn't compromise the decentralized nature of the network in any way!
February 12, 2019, 12:10:02 PM
To my mind in reality bitcoin was never meant to be used widely by a lot of people. Nothing can be fully decentralyzed, also bitcoin was better at first, when it had few user, there were no regulations, no KYC documents on btc exchange services and so on.
So to sum up, reason is increased amount of demand from people, there are a lot who wants to gain power, only few succeed.
So to sum up, reason is increased amount of demand from people, there are a lot who wants to gain power, only few succeed.
February 12, 2019, 10:27:18 AM
This post seems to be a sequel from previous ones which I did not follow. But I do not see a discrimination towards other currencies. Everyone can acquire whichever cryptocurrency they desire, if majority goes for bitcoin, that's their choice and not discrimination.
I don't know anything of 'few humans controlling the cryptocurrency index', the opinion should provide more factual evidence to buttress his/her points.
I don't know anything of 'few humans controlling the cryptocurrency index', the opinion should provide more factual evidence to buttress his/her points.
February 12, 2019, 10:24:26 AM
To the best of my knowledge the meaning of decentralization is far from what you are saying. Decentralization in this contest means bitcoin is not control by any individual or Government of a particular country, the protocol is accessible by anyone in any part of the world.
February 12, 2019, 09:54:02 AM
*snip*
Maybe actually try to refute our counter-arguments rather than saying the same things over and over? Regardless if we have market capitalization sites or not, this has nothing to do with bitcoin's decentralization. Market capitalization sites like Coinmarketcap(your favorite apparently) are only there to help give us a sort of price estimate on what all the coins/tokens we have right now are worth. None of it is a measure of how decentralized or centralized a coin/token is.Did I somehow miss the topic in reputation where mjglqw was reported of being satoshi's alt?
Yo. Come on. I thought that secret was only between the two of us? smh. 
February 12, 2019, 09:53:10 AM
the crypto index that concerns YOU so much is only a concern to YOU because YOU are the only one obsessively observing it.
here is the cure.
if YOU stop visiting the site. it stops becoming a concern to YOU. because apart from YOU. i dont see the whole community even giving a crap about some dumb website no one even heard of unless you highlight it.
the crypto index is not a big community barometer / measure. the community dont care about it.
so calm down
You are absolutely right. I am myself in the crypto community for so many years and I have never visited any crypto index.here is the cure.
if YOU stop visiting the site. it stops becoming a concern to YOU. because apart from YOU. i dont see the whole community even giving a crap about some dumb website no one even heard of unless you highlight it.
the crypto index is not a big community barometer / measure. the community dont care about it.
so calm down
Although I have heard of the crypto index I have never bothered to care about it. Bitcoin serving it's purpose of decentralization is intact and will remain the same.
We should not even care about the third party services when there is no need for it.
February 12, 2019, 09:47:34 AM
I mean, take a look at this extremely bizarre statement from him:
bitcoin is not the final and ultimate solution like the profitmaximising bitcoincentrists/maximalist (agendadriven) want to make everyone to believe, and neither is their created corrupt cryptocurrency index, which the bitcoin founders try to use to enslave the whole world.
Why did you do that?
What have I (and my few still working brain cells) done wrong?
So CMC is a tool to enslave the world created by ...satoshi? lols.
we dont have to discuss this trash in the full context,
Amen, brother!!!
my problem with you is why are you still lying and deluding about the term "decentralisation"
just be at least honest one time and admit, that you run a centralised authority of your bitcoincenctristic cryptoindex that is looking for billionaires, to list their billionaire token.
just be at least honest one time and admit, that you run a centralised authority of your bitcoincenctristic cryptoindex that is looking for billionaires, to list their billionaire token.
Why are you addressing people here like they are the ones running all those coins and running CMC also?
Did I somehow miss the topic in reputation where mjglqw was reported of being satoshi's alt?
Either way, apart from the tinfoil conspiracies, I don't understand what's your problem with CMC.
I myself think is a garbage website, I advised people not to consider not only the numbers there but also not to think of any coins in terms of market cap but I still don't understand how this index could be a brainwashing slave turning control machine.
February 12, 2019, 09:37:19 AM
we dont have to discuss this trash in the high details, we all know the unpleasant truth
my problem with you is why are you still lying and deluding about the term "decentralisation"
thats my question.
just be at least honest one time and admit, that you run a centralised authority of your bitcoincenctristic cryptoindex that is looking for billionaires, to list their billionaire token.
like it was the case for ripple.
stop this uncorrect usage of that term, and play with open cards.
maybe you will have luck this way and billionaires will come and list their token for million usd fees, or try to fund cheering crowds, with their wealth substance, or hiere technicians to run bots. "to convince you"
stop lying and deluding.
at least honest you i am with (you will not escape reality, no matter how hard you try to delude)
regards
my problem with you is why are you still lying and deluding about the term "decentralisation"
thats my question.
just be at least honest one time and admit, that you run a centralised authority of your bitcoincenctristic cryptoindex that is looking for billionaires, to list their billionaire token.
like it was the case for ripple.
stop this uncorrect usage of that term, and play with open cards.
maybe you will have luck this way and billionaires will come and list their token for million usd fees, or try to fund cheering crowds, with their wealth substance, or hiere technicians to run bots. "to convince you"
stop lying and deluding.
at least honest you i am with (you will not escape reality, no matter how hard you try to delude)
regards
February 12, 2019, 09:13:53 AM
Just to make sure, this is another useless crusade against coinmarketcap?
Why do people care or even give a damn about it is beyond my understanding!!!
Why do people care or even give a damn about it is beyond my understanding!!!
Yes.. yes it is. 🤦♂️🤦♂️🤦♂️ OP is claiming that bitcoin is centralized because of market capitalization sites like coinmarketcap; and that the "bitcoin founders" are the one controlling it. Why and how did he/she come to that conclusion? I don't freakin know, that's beyond my understanding. Probably only aliens with a million IQ can understand that strange reasoning.
I mean, take a look at this extremely bizarre statement from him:
bitcoin is not the final and ultimate solution like the profitmaximising bitcoincentrists/maximalist (agendadriven) want to make everyone to believe, and neither is their created corrupt cryptocurrency index, which the bitcoin founders try to use to enslave the whole world.
February 12, 2019, 08:58:42 AM
Here we are again with your "centralized crypto index".
NO ONE IS FORCING YOU TO USE COINMARKETCAP OR ANY OTHER SIMILAR ALTERNATIVE.
NO ONE IS FORCING YOU TO USE COINMARKETCAP OR ANY OTHER SIMILAR ALTERNATIVE.
Thanks for clarifying what he was talking about cause I read that ten times and couldn't make heads or tails of it
And I'm not the only one, lols at @HeRetiK
But since you guys seem to somehow through some miracle understand what he is talking about, can somebody translate this as well?
nope its the cryptoindustry is not decentralised, its centered around that cryptoindex of yours
<>
the cryptoindex is the main issue that defines useability of cryptocurrencies.
<>
the cryptoindex is the main issue that defines useability of cryptocurrencies.
Just to make sure, this is another useless crusade against coinmarketcap?
Why do people care or even give a damn about it is beyond my understanding!!!
February 12, 2019, 08:44:43 AM
@OP: Maybe I'm just out of the loop, but what is this crypto index you are referring to? I'm using crypto just fine without even being aware of it, so it seems pretty non-essential. Crypto is free, so people could create the S&P500 equivalent of crypto for all I care.
February 12, 2019, 08:27:47 AM
Since now it seems clear that you are talking about some specific website that counts the rate of centralization of the market or something, could you at least share the link? I could not find anything useful when I googled 'crypto centralization index', and when I googled 'crypto index', I found the following coinmarketcap-like website: https://cryptoindex.co/. Is that the one you were talking about? 'Cause I don't see anything about centralization here. I just want to understand the issue better, so that a productive discussion has a change to start.
No I don't think OP is referring to a certain website. He/she mentioned coinmarketcap in the past when talking about the same topic:
crypto might fix this issue one day, but not with the current idiots that run bitcoin controll coinmarketcap.
and yea, I really don't 100% understand his/her problem. His/her grammar doesn't help either.
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