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Author Topic: The most centralized coins?  (Read 287 times)
desi92
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January 07, 2018, 01:29:44 PM
 #21

What are the most centralized coins in the crypto world? Is there a list or something like that? Would be very interesting to know... Do you know one?

If i dont get wrong information from the post on this forum, i know 1 centralized altcoin and this early year it become very high percentage of moving up in value. That is ripple. Ripple make steady move this beginning month. I dont know how centralized altcoin become popular? Just curious.
Hexah
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January 07, 2018, 01:30:46 PM
 #22

No doubt that it would be XRP because some that backed by this crypto coin is banksters and I think there is something to be done because if this coin keeps on increasing because of nature as a centralized coin then I think it will overcome many decentralized coin in terms of market cap. Hope bitcoin overcomes this one to remain its position of th top coun in terms of its market cap.
Haslett5236
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January 07, 2018, 01:40:09 PM
 #23

if i am not wrong that Xrp is the most centralized coin at the first time all coin are holded by ripple laboratory

and they make airdrop to people .
Aryan55
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January 07, 2018, 01:45:05 PM
 #24

ripple is centralized coin , and its stable that i dont like
mpufatzis
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January 07, 2018, 01:46:32 PM
 #25

In my opinion, centralized coins are those that are non-mineable.
I've searched the net and I found that among them the following are : NuBits BanxShares Fuelcoin Stellar Counterparty NXT Bitshares.
I am not sure if all of them still exist today. Ripple is one of them and probably the new one announced in Venezuela the Pedro.
If you can't mine them, that means that the profit goes to the initial owners.
In example, Ripple was made by Ripple Labs Inc.
nmax21
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January 07, 2018, 01:52:37 PM
 #26

After switching to Proof-of-Stake, Ethereum can become more centralized than it is now, because large investors will collect large amounts of ETH to have a big weight in the network.

joselitobayagbag
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January 07, 2018, 02:08:20 PM
 #27

XRP most centralized coin being manipulated by the bankers,getting ready to take over BTC's position to destroy our decentralized community,will these bankers win?
This is why i dont really support XRP for the long run,making profits from it for short trade is a good move but not holding this coin for long.

ycoin123
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January 07, 2018, 02:10:14 PM
 #28

XRP - centralized, 100% premined, the banksters coin - they sell something they invented out of thin air to accumulate cryptocurrencies.
Thankful to you for your Info.What's the Definition of Centralized Coins.? Can you Please brief
blockchainmarketus
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January 07, 2018, 02:11:50 PM
 #29

XRP - centralized, 100% premined, the banksters coin - they sell something they invented out of thin air to accumulate cryptocurrencies.
XRP is centralized coins but I make a lot of profit from my holding. I use and save xrp in exchanger not in my wallet. I prefer use exchanger to keep not too big coins.
JollySkipper
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January 07, 2018, 02:22:08 PM
 #30

The most known as centralized coins are ripple and stellar, but for me the most centralized of all is Bitcoin. Most people think that is not but when they check how the miners work today, bitcoin is the most centralized of all.

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ChrisCollins322
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January 07, 2018, 02:48:31 PM
 #31

It's definitely Ripple, 55 out of 99 billion are in the hands of the company...
hah, sounds a little speculative

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FiveReelsOne
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January 07, 2018, 03:00:18 PM
 #32

When you say Centralized? what does it mean? What is the difference between Decentralized and centralized anyway? In my opinion most coin and crypto I have encountered were centralized. Does Centralized mean those none mineable coins? Forwhat reason they were centralized anyway?

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ChrisCollins322
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January 07, 2018, 03:31:06 PM
 #33

When you say Centralized? what does it mean? What is the difference between Decentralized and centralized anyway? In my opinion most coin and crypto I have encountered were centralized. Does Centralized mean those none mineable coins? Forwhat reason they were centralized anyway?
I think meaning an existance of headquarters somewhere.

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January 07, 2018, 03:45:34 PM
 #34

I can disagree XRP is one of the worst investment i have done,not knowing this coin can destroy BTC's market,i am greatful that coinbase didnt list this centralized coin.

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January 08, 2018, 06:22:43 PM
 #35

the most centralized coin is ripple this is basicly a bankers coin
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