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its like having you guys as traitors in decentralized revolution !!

Just saying, i explained one of my friend the concept of RIPPLE is thought it was the same as BITCOIN, he thanks me for taking my time to put some light on crypto concepts.

Can you please tell me why you support centralized coins ? you love government busting your ass ?

centralised cryptos with a mission are the future. decentralised cryptos are just an advertised brand. they are no capitalism and no leadership, no constance, just uncertainty and volatility.

The current situation all the coins are unbalanced in crypto market. So few of them are supporting to centralised coins because of stable growth possible in future. But I am not recommend to centralised platform because most of the time it was working on improperly so hard to predict the future. If you choose the decentralised platform it will follow the Bitcoin way.

no way to do that right now as a lot of people are deep in ALTs and most ALTs are centralized.

It's two fold as far as I can concern, Ripple is a centralize coin no doubt about that, but the market is open and lots of speculators. Speculators who doesn't care about the effects or shall I say they're not a purist.

All they wanted is to make quick money and they don't fucking care if it's a centralize or decentralize coins. As long as they can ride the wave by joining the bandwagon, then they will do it, sad but true.

Why don't you explain clearly here in this thread now what you have said to your friend so that he was enlightened and it might help others too, so i expect you to take your time to edit your thread again and enlighten others too. ;)
Anyone can have their own choices when it comes to investment, if you loose money no one is going to return because you favor them, be smart in what you do.

Why would any government bust your ass if you support anything that is not against the law. Do you really think that government would bother if you are not bothering them with your actions. :P

Despite the drastic decline, I will continue to support crypto, I'm sure crypto will progress for the future. Stay optimistic, and don't give up.

it's about stable value, and stable value is with the government, Bitcoin is decentralized, and all controls are in the bitcoin holder. while ripple, 70% is controlled by dev. the government can accept decentralized crypto currencies, but it will not discard the concept of centralization. so I continue to support the government and banking. because they can make a stable value.

We've done as much as we did, what can we do after this time? we have no choice but to wait. my damage is big. and I am in hodl mode. The thing I can say for ripple is, that it's  companies and goverment behind it. but the unknown btc and ripple rises maybe,  in future.

Like you, I also don't like centralised coins. But to dump a coin just for this and realise a loss... it's kind of dump :)
It doesn;t matter do we like it or not, Ripple is one of the 5 big.

1. You are wrong or trolling.
2. You didn't understand what blockchain is and what Bitcoin is.
3. Price is not necessarily the measure of success.



While many are driven purely by price like the donkey with the carrot (https://www.google.com/search?q=donkey+carrot+meme+images), it's not the case for everybody.
Ripple is a speculative asset and many love it because it made them earn money. Stable coins among speculators' most used tools.
That doesn't mean they support them. Many hate Ripple. I keep telling that Ripple is not really a crypto coin like BTC.
People need education. The lack of education and the perspective of easy money can make ugly casualties...

Majority of the users won't prefer centralized cryptocurrency, because it is completely into the control of few people who hold the majority of the coins. They have got the potential to manipulate the market as well has got the access to freeze the funds of people who have invested into it. Centralized crypto makes the system function as banks.

I don't support shitcoins and bankster coins like XRP. They shouldn't even be called cryptocurrencies. They are nothing but tradable tokens, just like casino chips or gift cards. A cryptocurrency is much more than a token backed by a company that can do anything with it.
Cryptocurrencies like Bitcoin don't depend on people like Ripple CEO, they don't depend on the board of directors, they aren't premined and held hostage by a group of "founders" and they aren't used to pay employee wages.

Let's be honest, as long as you can make money with centralized cryptos (by trading or holding or with any other practice), people won't dump their coins. Nowadays, people aren't interested in buying/investing in cryptocurrencies because of the tech or because they want to support a crypto revolution (or a decentralized revolution like OP says), it's all about making money in the long run. So, it's very unlikely that people are going to dump their coins simply because of the centralized nature in some coins.

that's quite the username you got there, OP.

In the long run, it wont matter whether a cryptocurrency is centralized or not but what will matter is whether they are able to deliver their promise to general public. Only few are into cryptocurrency while majority are into it for the immediate gain and the true value only comes when there is many adoption and real life use cases. This is what matters.

I don't have XRP or any centralized crypto at the moment. But I can't blame people who have those kind of crypto, cryptocurrency is about freedom and they can hold and buy whatever they want. They can't dump those coins because it's beneficial for them, I won't push them to dump all of those coins that they have. What's important to me is that they are aware that they are holding a centralized coin. Instead of pushing them to dump it, I tell them to buy bitcoin on the other hand.

I am in support of the decentralized system where it's under no regulations but there are things that are needed to be understood the decentralized system can work better if there is a internal body that check mate things going on in cryptocurrency and lead to lesser scam in this sector

Seems like your definition of centralized/decentralized crypto is different from the others (just like any debate about decentralization, anybody is free to pick their definition). But I think what you mean is not about centralization/decentralization but legal framework or regulations for ICO projects or something similar. Remember 2018 where everybody can start their own ICO and then exit scam afterwards? That's what you're worrying about right?

The good news is, most government already aware of this issue, and they choose to either ban ICO or regulate it heavily. Malaysia for example consider ICO as securities offering iirc, while China bans it.

I'm not trying to be the guy who spreads FUD or something negative but let us be realistic here, centralized and regulated coins have a higher chance to get famous and succeed more than those decentralized ones. Bitcoin became famous because it is the first cryptocurrency and it sparks the era of crypto. Today, it's all about sticking to those who are more likely to succeed. I do not like the government nosing around me but investment wise, it's good.

Maybe they think, when they invest in centralized coins, the price will be more stable than decentralized coins. But it all depends on the beliefs of each

I think the ripple concept is very different from Bitcoin, because we know for ourselves that ripples are centered in collaboration with banks.

Let them buy that shitcoin. We all know which cryptocurrencies will thrive in the future. Don't waste your energy and resources on complaining, just go out there and stack up some more bitcoins. And why not trade XRP and make money of it?  ;D Then pump that money into btc.

ripple will be the biggest scam in crypto world, and all those people affected deserve it !

you know what your idea has a good point why try to educate stupids when we could be benefiting from there stupidity

so what if i was blamed for a fake reaSON AND Government took all my crypto or burned it ?

@pussyhunter6969  ,  your spamming the thread man .  why cant you just merge all the qouted post that you'v made in one single post.  

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Anyways . we are here on crypto world and all the coins here are mainly decentralized  .  afaik centralized coins are only came from some ico's ?   ( correct me if im wrong )   and afaik , there are also called centralized exchange .

  some of those exchange do have a built coin , i believe those coins are also  centralize  but what is the point of dumping them ?   They arent even popular at all  . not all people buys them  . so dont worry .

A lot of people can simply not pull themselves  away from the concept of having a centralized organization or Bank, running

 their finances. We cannot blame them, because these centralized organizations has been around for ages and people seem to

 have a blind trust in them. This is spite of everything that has happened with the recent  near global economic collapse.  ::)

Because there is profit to be made from investing in Ripple, I also don't like a centralized coin, but the fact remains, it's one of the best investment in cryptocurrency being the third top coin in the market and could overtake Ethereum position for good, people invest here for profit.

people nowadays are very skeptical with crypto because of the situation that keep destroying the market. But Instead of grabbing the opportunity they prefer to ignore it and jump to another coins wherein even though not ensured.  Well people nowaday love to waste their time.

I'm using Bitcoin mostly because of decentralization, and I like the system more than when it is centralized. Cryptocurrencies which are centralized just break the whole point of crypto and what Bitcoin wanted to make- a currency which can't be controled by the goverment, the bank or anyone and that's why Bitcoin is the best cryptocurrency out there.

People always wanted a short time profit, I think they didn't understand the real value of cryptocurrency. They think that the centralized project has a good concept(like XRP) because they have a dev and team who will develop a centralized project. But I am skeptical on this scenario I must prefer on decentralized cryptocurrency(like BTC) I know it gives more profit because it is highly volatile than the centralized one.

Decentralised or centralised a lot of people dont care at least the vast
majority of people supporting centralised crypto dont, they are looking
at the potential profit.

Take Ripple for example, the best example, almost everyone knows its
centralised but yet it continues to be supported. I first bought Ripple in
january 2017 when it was worthless and sold it again later in 2017 when
i learned it was centralised. If i had stuck with it I could trade it now
for about 4 bitcoin.

Its mostly speculation which is supporting these coins

the main factor is the condition of the market, market conditions can not be used as one of the best things. this triggers a prolonged dump and the best step is to choose centralized coins to anticipate losses.

I'm staying in between for coins which centralized and those which are decentralized but yeah we want this world to be decentralized.

meaning that power will now be distributed according to Who installs most miners and gets them to run/consume electricity?

instead of thinking and putting indeas into the central bank

Centralised or not its the same for the typical investor. As long they can get profit on investing on either of those two they dont care on the effect as long they can join on the wave on crypto market. Even the market is high those people who supports decentralized coins. They will invest on the centralized to get some profit also or back up of theyre invesrment get lost.

Most people look how much profit they can earn by investing in a cryptocurrency and that is the main reason today no one cares whether it is a centralized coin or a decentralized one and the only significant fact that is considered is the return on investment no matter what happen to the concept and the vision of Satoshi Nakamoto which was introduced through Bitcoin using technology so again majority of currencies that are in the crypto market are centralized once which can be shut down by governments  

so its simple that these people deserve whats coming to them

instead of reasoning central banks, having a corrupt index that values stuff?

you think thats much better?

the world that comes then will likely have not much to buy for "crypto"

Centralized is one of the safe features and it is indeed a characteristic that crypto has.
Security is a major factor so this is unavoidable. If you want things that are not centralized then you can choose the others !!!

I personally chose no or yes to the last question depending on which government we are talking about.

This post is in fact truth to a pretty big extent. The whole idea of Bitcoin was precisely to start and develop as a decentralized platform where people collaborate to make it better. That proves to be a pretty good way of doing it just like the open source community in a lot of software tells us.

Just imagine when mass adoption comes, i wonder how long would take flaws to be fixed. I think that people mostly do it because of profits, change me mind.

I cant dump any, i have none to dump.

There is nothing wrong with investors in this matter because now majority of cryptocurrencies are directly or indirectly controlled by some sort of organizations or a community because such cryptocurrencies were introduce with a aim to make profits and not to develop or do good to the vision of decentralization and when investors seek crypto assets they only look into there core objectives and what kind of improvement they can do to the relevant industry which the particular altcoin was introduced so in such situations there is no place given to decentralized concept but the down side of those currencies are like fiat they can be controlled by governments because they are run under normal organizations just like any other which can be consider as a critical problem happening to the crypto world

What??   Pure garbage, you claiming it to be some kind of ponzi

Even though there are some centralized altcoins, I think there is still an advantage even though it is not decentralized. And most of them are actually profitable than other decentralized altcoins. I think that's one of the most important thing. It also depends on who are the people behind the centralized cryptocurrency you are talking about because not all of them are really bad.

I don't love centralized coins but i love profit from them.
Ripple made good spikes in price and i not know if they will stay for lifetime but as long as they are being traded i should benefit myself.

Well, if a centralized coin has a good use case, I see reasons to have some stakes in it. Centralized coin will always be regulated though, and this comes with some level of trust, we can't tell when they are going to dump when the market finally goes bullish. For bankers are not to be trusted, fraud runs in their vein

Centralized coins carry more risks, so I try to avoid such coins and prefer decentralized ones!

I am not into XRP, I have never bought one and I have no plans on buying it in the future.

Those who trade centralized coins like XRP are more into the $$$ and does not really care much about the concept. It is what it is, some are driven by the tech and $$$, while some are merely driven by the $$$.

No one loves centralized coins, but the crypto market is not in balance, so people are going to support centralized coins for while. Though I am not sure but I think JPM coin or Ripple is not the thread for the crypto platform. Sometimes I feel crypto needs some regulation I mean centralization to avoid the massive volatile nature.

They are not supporting,they are just holding their profits on stable coins for a while which makes the prices to fo higher but not for too long like in years.So newbies don't get attracted by the prices or coinmarket cap values they can change at any times.

and they also affect other coins, as most of people sell that out !

Crypto market is unprofessional market. Whatever the assets in this market, decentralized or centralized, the market is controlled. Until most coin holders become advanced, crypto will remain centralized.

They love being part of their government just like how fiat is.
With that, why not just support fiat instead. There is no need to go through a lot of effort knowing what crypto currencies is if you are just using the centralized ones.
Just a waste of time and energy.

I dont really get it though. Up until now there is still a lot of people who are being manipulated by sweet words.

The fact that some projects turning centralized now doesnt necessary destroying the concept of decentralzed. Its objective still lies. How? the reason that private key cannot still be recoverered when you lose is a soul proof of decentralization in the heart of crypto. So stop this non sense fud about centralized. Got it newbie?

We cant say every centralised coin is bad if it has good features and founders dont lie about it i mean its centralised but team say its decentralised it means they just want make money like Ripple do.

one of the best ways of making huge amount of profit in altcoin market is to buy shitcoins that get pumped a lot so you can not blame people (bitcoin holders) to want to make biggest amount of profit possible. it is partly greed and partly knowledge of the pump and dump altcoins.

the only thing that people have to keep in mind is that these shitcoins don't have any futures. you should take advantage but not be fooled or blinded by them. dump them before they dump on you and you will be fine.

Dump centralized could be true
Almost everyone dumps at sight now which is why prices drop when airdrop participants are paid

But ripple? I don’t like that token

All for stability) But that's the trap. Centralization will not help crete grow to the top. It will be lower and lower. But in the decentralized network, too, there are disadvantages. This is a lie )

yes i myself lost lot of money

I was getting a lot of losses caused by that too. Ripple is the one who has the biggest pre mined token that has made CEO and the team become the billionaire by grabbing all of money from the market. Look at how it was scamming those were buying it at peak price.

then join me in noble cause to educate people about centralised crypto

In my opinion, despite the fact that everyone is talking about decentralization, centralized cryptocurrencies have a chance to be accepted by the state. The fact that the state will not give up the centralized monetary system is a fact and coins such as XRP and stablecoin are most suitable for implementation in the existing financial system.

Many people probably do not know the difference between ripple and real cryptocurrencies. Those who know this difference, treat the ripple only as a speculative instrument.
Let's hope that people will understand as soon as possible that this is to the harm for the entire cryptocurrency market.

I don't support centralized crypto's.
But you just can't stop those folks that are into this kind of coin.
They see it profitable so that's why they are sticking to it.

 I still prefer crypto now because this is a free market and luckily comes to me. I earn a lot of money from the decentralized market.
In the centralized market there are too many laws and I can't break through to make a lot of money.
sooner or later the decentralized market will attract many small and large investors worldwide.

This is true, if a centralized cryptocurrency can offer people a greater income than a decentralized cryptocurrency, people will forget about Satoshi’s ideas and will again be enslaved by bankers.

Such behavior today is possible absolutely on any project, because today many projects collect their funds in BTC and ETH coins or maybe something else. But I think that today we must very seriously approach the issue of analyzing this situation.

Every individuals have their owned mindsets in terms of profitable venue, if those people who supports centralized crypto choosed to support
what they've think can bring  them good earnings it is their own decisions, we have to remember that crypto is also been treated as  a good source for investment and earnings is the big part of it.

One man's food is another man's poison. Where you see decentralized projects as being the best, someone might not see it that way. Both decentralized and centralized have their advantages and disadvantages. Even though as for me personally, I still prefer decentralized over centralized.

It's not just government, but centralized corporations (which is what ripple is) and big banks (which is Ripple's clientele) are the main reason crypto was created in the first place.
Here, we have this amazing technology that take the middle man out and puts control into the hands of the users.
And ripple comes and profits off of it for name's sake.

Have you ever taken a look at their technology?
There's no way they need blockchain to do it.
Existing payment and transfer systems are faster and cheaper.
But since crypto and blockchain is such a buzzword they sell it like its "better".

The truth is, ripple won't be around for longer.
You need to realize that during the 90s dot.com bubble, when it burst 80% of tech companies went out of business.
the ones that survived (amazon, ebay, google, etc) went on to forge a new era of internet.
Yeah, ripple isn't going to do any of that.

Good point. They are using the crypto hype to make money and this is why they left so many coins to themselves. Their goal is to make money on the hype. If people pump XRP higher they will use these coins to slowly and gradually take profits and grow their company. When XRP dies they will have a lot of fiat money ready to start a new company like Wozniak did when he sold his bitcoins.

By investing in ripple doesn't necessarily mean you are in support of government to busting one ass but so many people invested in ripple because they are out to make profit from their investment.

For an investor it makes difference to choose centralized or decentralized coin for obvious reasons. Governments have no connection with XRP and only greed bankers continue to support Ripple. All traders are in the market for making a profit and mentioning this has no connection with owners of centralized coins.

People are mostly interested in which coin their funds will be safu or which will provide maximum turn out in the long run. Not many people care about the technology behind the coins.

Agree, in market, everyone just want make speculation and want to make profits from price fluctuation. Holding Ripple doesnt mean support centralized crypto and selling bitcoin doesnt mean hate bitcoin. Its just about bussiness and making profits

I do not have Ripple but it's too tempting not to buy Ripple because of it's potential profit for the future, but I am still a big fan of decentralization there were so many opportunities in the past to acquire Ripple but I still prefer decentralized coins or tokens, but I will not restrict or disallow people to invest on Ripple every one is for each own good.

In as much as I am not opposed to decentralized system because it has its own role too and has contributed immensely to the growth of my finance but I believe centralized payment system should not be overruled because us it has its own advantage over block chain.Centralized system is safe, cost efficient, reliable and will always remain a core concept.

Take for example, someone tried using my debit card to make payment recently, he succeeded though I was also lucky to have limit on it which makes him not to be able to take much, I went straight to my bank and they were able to trace the intruder and retrieved my money which is not possible in decentralized payment system.

Once you mistakenly fall victim of something like this as a result of carelessness which no one is above, the coin is gone forever with no one to help retrieve it.

I don't really support centralized coin, this is why up until now, I don't own any ripple in my wallet and I am not thinking of holding ripple in the future even if I see the price getting to $5.

I believe that crypto was created so that we can have a decentralized means of finance, having a centralized means is against the original plan and must be fought against. I came into crypto because I don't want to be controlled by the government or central banks.

yes so do i, ripple  marketcap is threat to crypto space

Centralized market too isn’t that bad if you know your ways, after all most people that has made it before decentralization started existing made it through centralization, I am not saying decentralize market is bad, both have their major roles to play in the finance of every one, none of the two can be overruled.

The best is to have the two of them and apply whichever one is applicable at that period to ones need.

I believe people should drop centralized coins but the problem is these coins can return good profits so people put money over decentralization

In the world of cryptocurrencies, many are definitely in support of the decentralized coins. Whether to dump or hodl centralized coins is a matter of choice. Although many are against the concept behind centralized coins, we can't rule them out since ripple for instance has a lot of support from many crypto enthusiasts.

I'm not a fan of centralized coins and I prefer decentralized but even the decentralized ones are not fully feeling like decentralized ,I think it will be better to hold both because only God knows what will happen in the future ,its unpredictable

Cryptocurrencies like Ripple are not exempt from pump and dump transactions.

Last year 535 million dollars in XRP were sold by Ripple to several buyers including institutions and exchanges, however, this series of sales of XRP is suspicious and could be an attempt to pump the price of XRP and then dump.

All this is possible because Ripple owns 60% of the total XRPs in circulation and this is a valid reason to indicate that the whole project is centralised and, since the team has the power to manipulate the entire market, they can influence the trend of the crypto markets.

Listen this is just a whale game. Of course it was in the box. One of the best coins is growing, this pozitivnaya news means the market is moving and everyone is catching up. Well, to reset. The guys will get 5% of the gigantic amount without losing anything, why not play god.

I think not all decentralized coins can return profits because everything also depends on the development team, it's best to look for the safe losses that will be faced to invest in both so that later it will be able to get more profits. which is clearly no one knows about the future conditions for cryptocurrency, just hope the best for the coins we hold.

What does centralized coin mean? I think that every altcoin is centralized because it has a main team which has the biggest power. Only GRIN coin has same story like Bitcoin - there is no author, there is no entity which will have a bigger power than you.

Well, ideally Bitcoin can only be referred to as the Decentralized coin because every other ALT has known team leaders. Moreover, for the so-called centralized coins your talking about, the best thing about them is that you always see their teams pushing hard to make things happen for them, and i think that's why people like it.

The truth is uncertainty is plaguing decentralized coins and the desires of centralized coins are growing ,safety is what people wants and they think centralized is the only way

Well i think that centralized coins not have a lot of possibility to grow in my opinion and who want better invest on decentralized coins because most grow on past was from that coins.

Centralized coin is also good, it just that they are being controlled by a company and under the law of the government. They grow a lot because of businesses that support them especially XRP. I don’t have xrp but its a good top coins and still place on the top since of its entry. Centralized can beat by a decentralized coin, don’t worry.

If I were to be asked, I would prefer decentralized coins because there is no third party that will get in our transactions. In any case about ripple, I did not hold such coins not only it's low price but it seems the growth is not like Bitcoin where it bubbles have a assure profit for holding.

I do not like centralised crypto currencies as well, but nobody is forcing you to hold them in your portfolio. Because coins like Ripple are doing a lot for the whole industry and trying to near the mass adoption.

dumps not only occur in decentralized tokens but more precisely occur when coin new openmarket and dev can't do anything. in those days, in my opinion, it takes around 3 to 4 weeks to wait for the return time

Now it takes much longer than 3-4 weeks for the price of coins to return to their values that were at the time of the ICO. coins fall very hard and almost no one then buys them again. this is a big problem. even IEO is no longer effective. after collecting money, the price still falls after listing

I don't think decentralization will work on cryptocurrency. The same decentralization that was introduced and gave scammers room to do what ever they like. It's better to know who are investing your money to and what they are capable of

I'm not supporting a centralized coin, the purpose of bitcoin is decentralization and that is why the crypto world is created.
However, we can't blame people if they are supporting a centralized one, we are in an open market and we have the freedom which to support.

In addition, some are not here for long term, they are just here to enjoy the profit in short term and might leave the market.
Everyone has different views, but hopefully the decentralized coin will continue to dominate the market.

If you don’t know,many of the investors here has no concern about what will happen to the market either if this centralized or decentralized what’s important for them is the profit they will get from supporting one coin to another and if this is profitable or not.
In this you cannot tell them what is good or bad for the crypto community but what’s he need is to gain

Personally, as for me, centralization doesn’t do any good to drive any market as it gives control to an asset, in other words, it provides a tool for manipulating a certain circle of people who will earn money on it, and if you look at the whole, then this is a direct violation of all the principles of the blockchain technology then sense from similar tokens.