Post
Topic
Board Speculation (Altcoins)
Re: Do you trust the market or the business owners?
by
AmoreJaz
on 18/09/2019, 23:51:20 UTC
Obviously I would invest in bitcoin as there is no official organisation controlling the king coin. Its price goes down or up freely without any influence and control. As a result, bitcoin has dominated more than 60 percent of the entire crypto market. I believe in bitcoin and investment in it is secure and worthy of getting returns.
I think 80% of Crypto lovers will choose Bitcoin which a decentralized Crypto than a centralized Crypto, so it's true as you say that it's better to choose Bitcoin than Ripple. Bitcoin has a team that is already very sturdy and trusted than other Crypto.
No doubt and that's the primary reason why do people love crypto due to its "Decentralized" feature and you can see the differences when it comes to community support.Bitcoin would always be on the top not only on becoming the 1st crypto being created but also its tech behind it which is innovational and do hits up the demand or needs for those people who do really like decentralized and irreversible transactions.About those centralized tokens being created,yes there are still people who do support up these coins but wont able to beat up bitcoin in terms of support.Regarding on the question about price movements factors, we cant deny that bitcoin is prone to manipulation,how much more on centralized ones?


but remember, no single individual or group can manipulate bitcoin prices unlike centralised ones. we all know who is manipulating the market whenever there is a sudden considerable change of price in the market for centralised.
and if theres no good reason why the price is pumping, we will doubt the intentions of the developers of these centralised coins
so who will you trust, the centralised coin with questionable existence or the decentralised one?