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Author Topic: Consider what you lost so far a contribution to keep Bitcoin decentralized  (Read 442 times)
Smartvirus
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June 28, 2026, 10:55:28 PM
 #41

Bitcoin is currently on a "Self defense" mode to protect itself and prove certain people wrong that rich people or the elites control the price. Had it been true that they actually control the price, they and their followers would have used that to request for more say in the running of Bitcoin and determining the future direction. And that would have given them the bargaining power to effect changes without your consent, and for the benefit of their companies/businesses .
So, if they're finally and completely proven wrong, it will become more difficult to pressure developers or the Bitcoin Community to do their will

When people say the elites do control or rather have some level of influence on the Bitcoin market price, it doesn’t mean they actually determine the price of Bitcoin. The price of Bitcoin is always determined by the laws of demand and supply, this hasn’t changed of it and still wouldn’t change.
However, influence works in a way of affecting the individuals that frequents these market whom, are forced to make decisions unconsciously, not knowing they are just playing into the hands of a much more bigger scheme.

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June 29, 2026, 04:07:36 AM
 #42

Bitcoin is open source and decentralized. Everyone has the right to assume whatever they want, and from their thoughts, to create a narrative based on their own mindset. If the mindset is wrong, the results cannot be correct.

Market prices can be manipulated by any willing party. If the price drop from +$120,000 to $60,000, which is already half of +120,000, is not wrong. But fundamentally, what determines price increases and decreases still lies in the strength of supply and demand.
Bitcoin remains the same and unchanged peer-to-peer electronic cash system. There are no intermediaries.

Couldn't agree more. Bitcoin remains the same decentralized cryptocurrency even if the price go up, down, or go full circle.

The price of bitcoin being volatile doesn't necessarily mean Bitcoin have less or more volatility at all. It's the same peer to peer electronic cash system like on the whitepaper.

The decentralization depends on the hashrate not the price. It's actually easy to understand.

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June 29, 2026, 04:35:39 PM
 #43

None of what you just said made any sense to me. First of all, those who have invested in Bitcoin, even if they have done it when it was at $126k, they didn't lose money and they won't unless they decide to sell at a loss, but if they keep holding, they will eventually make some profits in the upcoming bull run.

Those who lost money in trading, it is not Bitcoin's fault, nor does that count as a contribution to keep Bitcoin decentralized because that's not how things work. Bitcoin isn't decentralized because people are losing money in it, but it is decentralized because it has been designed that way, there is no central authority controlling it, so it's decentralized, and it is going to stay that way no matter what.

And lastly, whether you accept it or not, price manipulations will always be a part of a financial market, and this market is no exception. However, only because the rich or the wealthy have the power and resources to manipulate the price of Bitcoin, it doesn't mean they are going to gain control over it or its network by doing that. They can use their money to manipulate the market by making retail investors buy or sell by any means they can, and then benefit from the swings, but this doesn't allow them to make Bitcoin centralized. This is why I said none of you just said make any sense.

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June 29, 2026, 06:01:00 PM
 #44

Bitcoin is currently on a "Self defense" mode to protect itself and prove certain people wrong that rich people or the elites control the price.
I have thought about meriting that OP, because I see a nice basic idea. But the post is quite confuse, and you should have clarified exactly what you mean - and investigated a bit, too ...

You could at least try to measure if the elites have lost control by looking at the in- and outflows of ETFs and other institutional products.

According to publicly available data the ETFs have lost more than 130,000 BTC due to outflows since November 2025.

However, these Bitcoins didn't go all into the pockets of small retailer investors. At the contrary. Most of these BTC went into the pockets of a well-known guy called Michael Saylor (and his treasury company vehicle), who bought 200,000 BTC since November!

This means the elite has even stocked up their Bitcoins. Okay, not everybody investing in MSTR / STRC etc. is part of the elite. But in general one can say that there's no significant change. If anything, retailers are even weaker now.


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June 29, 2026, 06:54:12 PM
 #45

A loss is still a loss.. no matter how you look at it, it can't be considered a contribution to keeping Bitcoin decentralized. because Bitcoin is decentralized, and no one can interfere with it, although a handful of people are accumulating larger amounts of Bitcoin, their capabilities are limited. also, the increasing accumulation of retail investors also makes the Bitcoin market less centralized and less controlled by a handful of people.

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