If Bitcoin means Decentralisation why did it brought then a centralised

[kaisa]

It seems that you have to understand the meaning of decentralization both bitcoin and alternative coin, if you say decentralization of bitcoin is fake then you are thinking about the market and price. You should look at the bitcoin chain network based on the activity of nodes, even if bitcoin is really centralized then surely many hackers disrupt the price of bitcoin. The disadvantage of only one bitcoin, who is strong or has a lot of money, it is he who can manipulate the market. I think you must learn to understand technology so that your fear of new technology can be eroded.

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[santiPOGI]

Bitcoin alone still on its target and created for.
The problem is the middle of the transaction which is the exchange.
They are the one and not the bitcoin!

[mk4]

well get used to these numbers then, because there are many token that have a many billion usd marketcapitalisation.

your "bitcoin" becomes a brand or whats even worse. potential future mickey mouse money.

What? Can you name those "many" tokens? As of now only BNB is the one and only token we have right now(that will soon have it's native blockchain) that has reached $1Billion in marketcap(in today's prices at least).

And don't throw out the Coinmarketcap centralized crap. You can check other sites as well.

[bilal_jan321]

and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?

isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?

in my oppinion yes.

The few whales who have the majority of BTC right now are the people who took risk and bought BTC at a time when nobody was willing to invest in BTC. They took a risk and are now enjoying the fruit of that risk, its very simple.

[KingScorpio]

and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?

isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?

in my oppinion yes.

The few whales who have the majority of BTC right now are the people who took risk and bought BTC at a time when nobody was willing to invest in BTC. They took a risk and are now enjoying the fruit of that risk, its very simple.

just like the ex whales that bought bitcoin at a high like novogratz and lost a lot.

i dont mind, i am afraid

the longer you constantly talk and claim about the bear market the sooner you will be exposed and considered a bunch of losers and no one will want to have something to do with you.

[Ezenwanyi1]

Bitcoin is a decentralized virtual currency.
It doesn't have any authority or body controlling it .
Yes I understand the picture you are trying to paint here, although I agree that the whales who bought bitcoin in large quantities then can easily dictate the movement of bitcoin price but I beg to disagree that  it's same as having asserting full control over Cryptocurrency.

[Mcdacillo]

and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?

isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?

in my oppinion yes.

In my opinion, bitcoin is decentralized and it becomes centralized when you cashing out your money. I say this because we know that bitcoin didn't have a physical appearance and I think the partnership or the conversion of bitcoin to other form of fiat money has nothing to do with the centralization of bitcoin because bitcoin itself has a nature of being decentralized.

[Karamabit_209]

and centrally by few humans controlled cryptocurrency index, that discriminates between cryptocurrencies?

isnt that contradicting itself. is bitcoin just a fake decentralisation to earn lambos like the bitcoin hodlers are saying?

in my oppinion yes.

Originally, bitcoin was created to be decentralized. It means that you can do a p2p transaction without other people knowing it. So the bitcoin itself promotes decentralization. It is just that sometimes, there are people manipulating the index, but the bitcoin itself doesn't, the people behind it does. You can compare it to a gaming site. Originally, a  fair gaming site have an algorithms that the odds are 50 percent, but there are sites that doesn't promote that, that is why you need to be vigilant in choosing the right gaming site to play with.

[bitbunnny]

Bitcoin is still decentralized and that is way how it's functioning. Still there are always some people who would like to have control, I guess that is the human nature. Some says in crypto world whales are those who want to have control or that already have established it. But I don't think they have such control that they could disturb Bitcoin decentralized system.