price has nothing to do with decentralization.

Quote from: agentx44 on December 18, 2019, 08:25:47 PM

Quote from: satori1 on December 12, 2019, 10:15:48 AM

After the years in trading Bitcoin it came more and more clear to me that Bitcoin is technically not decentralized anymore... its mainly owned by huge mining farms or early adopters who are able to manipulate the market at will, many exchanges playing with Bitcoin and Altcoins by making fools out of the normal Joe who wants to enter the Crypto world, i know many here will think that you should be ready and get informed before taking any step into the crypto world, but does it not bother anyone that some people are enriching them self by kicking the crap out of your wallets??

Bitcoin Mining is dead unless you own a mining farm with the necessary hashrate, again only big companies having access to Bitcoin!!!

What is your thought about this??

We all know bitcoin's nature is being not under any organization or government groups control or manipulation which makes the fees on transaction less expensive is called decentralization. As year passes by, it's definition changes as more and more mining company show up which take over the mining of bitcoin and affecting it greatly since their demand has a high number and high effect on bitcoin. The meaning of being decentralized has already changed as they conduct and build more and more mining company while manipulating bitcoin's price.

probably so. they all still has to race to solve blocks. pools and big mining farms competes. yet no entity is governing bitcoin, the big mining companies that are there today can they invalidate the previous transactions with their hashrate?

if NOT then bitcoin still is decentralize and can go on stand on its own. why would companies support a coin and one of them to the extent of delisting all else except BTC if its centralize.