Post
Topic
Board Bitcoin Discussion
Re: BTC Dump: I told you on July 3rd....
by
razor5cl
on 06/08/2016, 16:29:25 UTC
BTC went from it's decentralized core to a quasi centralized exchange mechanism in about 4 seconds flat.

This is what people need to remember, that although lots of centralized infrastructure exists for bitcoin now, it's strength is in it's decentralized nature. Holding your own coins is always going to be more trustworthy than keeping them in an exchange/online wallet, for example.