Post
Topic
Board Bitcoin Discussion
Re: Is Bitcoin really still decentralized??
by
TIDOVEE
on 13/02/2020, 08:40:52 UTC
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??

It only look as you have said, but it is not so, I have  some times thought it doubtfully if the decentralized character of bitcoin is still valid, considering some influence of certain nations or people on the market value, but I later understood that there are certain people who much manage the market, mining and updates and they are not spirits or Angels. As you can see on this platform, there are executives who manages our posts,being decentralized will make anyonr else be part of them without descrimination.