Will bitcoin be a centralized coin?

[ranya 68]

As we know bitcoin prices are getting weaker every day.
Do you think the bitcoin price was still being manipulated by the whales? .... What is the reason? ....
Will the bitcoin be a centralized coin (coin managed by the pope)? ... What is the reason?....

[Caporetto 327]

BTC is already centralized in a way that 80% of mining operations are from china, imagine they can fork it anytime, but no government can control BTC or the transactions on it, they can however block bank accounts tied to crypto.

[Mohs3n71 0]

11 hours ago, ranya said:

As we know bitcoin prices are getting weaker every day.
Do you think the bitcoin price was still being manipulated by the whales? .... What is the reason? ....
Will the bitcoin be a centralized coin (coin managed by the pope)? ... What is the reason?....

how in the world you could find a connection between being a centralized coin and the price ? do you know anything about blockchain technology at all ?

[Agios 1763]

On 10/11/2019 at 10:41 PM, ranya said:

As we know bitcoin prices are getting weaker every day.
Do you think the bitcoin price was still being manipulated by the whales? .... What is the reason? ....
Will the bitcoin be a centralized coin (coin managed by the pope)? ... What is the reason?....

People can not control the price of Bitcoin, but only affect the price, if you are a big investor, buy 25% of the Circulating Supply Bitcoin, then the price of Bitcoin will go up (assuming another factor determining the price is fixed).

[Keith700 1885]

On 10/11/2019 at 11:41 AM, ranya said:

As we know bitcoin prices are getting weaker every day.
Do you think the bitcoin price was still being manipulated by the whales? .... What is the reason? ....
Will the bitcoin be a centralized coin (coin managed by the pope)? ... What is the reason?....

The reason is that this crypto market is very young even though it has a good capitalization, remember that each bond market needs to mature in terms of higher levels of capitalization to avoid so much volatility and prevent the famous whales from affecting large movements.
And the manipulation is because the crypto market has not yet matured enough, just go 11 years brother ... give him time to take his necessary strength.
Imagine, a child in 11 years just learns to understand the puberty that will fall as soon as he enters high school, Bitcoin and the alts are like that.
Super paradoxical.

[bestprofi 372]

It is very difficult to predict in what extent and how the regulation of cryptocurrencies will be done. I only say that if the regulation will affect decentralization, the concept of cryptocurrency will die.

[starwill 456]

Is Bitcoin really decentralized? We could say yes. Of course it would be a relative yes. At this time, he is not yet living up to his true potential, but enough to hope and trust his usefulness.
Bitcoin is comparatively decentralized, but we must admit that it is not completely. It is in its early phase, and is not yet free of contradictions.
Perhaps, the reality does not coincide with the theory, but with each passing day we could be getting closer to that final goal that we all dream of.

[zhaazure27 524]

Bitcoin has indeed been a centralized coin since its appearance. The price is quite high compared to other coins which make him more victorious.

[Great Commander 659]

50 minutes ago, Cryptocryptoc said:

Bitcoin can never be a centralized coin. Even the founder Nakamoto Satoshi want it to be a decentralized coin.

The reason bitcoin transactions and the blockchain system decentralized is that to reduce security vulnerabilities and avoid scammers who wants to enter the ledgers of blocks in crypto world. 

[MyThoughts 514]

On 11.10.2019 at 18:41, ranya said:

As we know bitcoin prices are getting weaker every day.
Do you think the bitcoin price was still being manipulated by the whales? .... What is the reason? ....
Will the bitcoin be a centralized coin (coin managed by the pope)? ... What is the reason?....

I think the price of cryptocurrency will go up soon.
And in the future, cryptocurrency may become fully centralized...

[dhemasm 219]

This might sound silly, but this is according to what I think. It seems like it is possible if there is an institution or any party that buys all bitcoin in circulation and holds bitcoin until they make a platform without private key access by its users that is used by all crypto communities to using bitcoin, but if that happens it looks like the price of bitcoin will plunge freely, It does sound silly isn't it but according to my wild fantasy, lol.

[Rg123 318]

In my opinion, this will be possible to happen because in some countries they are now accepting crypto to use as payments and we can see thatvthey supporting this and its possible to support this in our country too.

[Crypto123 0]

Certainly the first reason for the instability of Bitcoin prices is the permanent whale manipulation of the price, but I do not think that the Pope is very much interested in the bitcoins. lol, Or in other words I do not think that anyone who centrally controls Bitcoin, Bitcoin was created to be decentralized and no one can control it, but of course Their prices can be manipulated through large sales and purchases, as do whales and others who want instability for Bitcoin and people do not trust Bitcoin.

[starwalkerz 164]

I don't think that Bitcoin will really become centralized enough to be honestly called centralized, but of course this is possible. It could happen possibly by centralization of mining power and consumer wallets.

[CryptoBoy20 170]

No this is not gonna happen. Why everyone use bitcoin because bitcoin is decentralized coin. If bitcoin become a centralized coin people will able to control bitcoin & this is never gonna happen.

[khan22 3478]

On 10/12/2019 at 12:47 AM, Caporetto said:

BTC is already centralized in a way that 80% of mining operations are from china, imagine they can fork it anytime, but no government can control BTC or the transactions on it, they can however block bank accounts tied to crypto.

Yes 80% china is mine the BTC and also 60% BTC buy the china peoples and they are still buying it and they safe the BTC for the future because they know that BTC and other crypto coins are the future of the world and in future everyone will use the crypto currency on the daily basis.

[Sahbana 212]

I believe that until now bitcoin is still controlled by the popes, the proof is that currently the price of bitcoin has fallen to $ 8,000
If the popes don't control bitcoin, then I believe that today the price of bitcoin may have reached $ 35,000

[Sumayya 493]

Bitcoin is not totally centralized, when you are saving your Bitcoin it is decentralized, coming to the market they play with prices which is Centralized

[rchres 414]

I think Bitcoins still remain decentralized Cryptocurrency, it will not change because Cryptocurrency is volatile goes up and down this is the good side of Decentralized Digital currency you can earn through that method in investing or trading in Yobit platform.

[Iamstrong 563]

I think it's unlikely that before its mining runs out, I think it will take a long time to make it centralized , and as bitcoin gets smaller by the day, I think it just won't have time to become centralized.

[Jimmy 437]

First, the price of bitcoin can indeed be manipulated by whale but it does not last long and of course the whales need millions of dollars to manipulate it, second bitcoin will never be centralized, although it is possible that whale has a lot of coins but they can only manipulate it but they cannot can make it centralized.

[bliznec 22267]

Of course, bitcoin whales that store a lot of bitcoins in their wallets will always be kings in the cryptocurrency bitcoin. They are not one whale, but many. 

[Akbor 1042]

I think btc will not  be totally centralized any time. though maximum miner is from china but this is not called centralization. btc  remain decentralized all the time.

[pulokdeb 61]

Bitcoin is a central currency because Bitcoin is one such currency and is different from all others and its price is now central

[pakjobhelp 1585]

No the bitcoins is not centralized coins this is decentralized and freedom coins every person who work for the crypto currency they earn crypto currency and more people work for crypto currency and earn profit, You know that the price of crypto currency is more high due to decentralized feature.