Bitcoin was created as P2P decentralize electronic cash system that'll allow individual to transfer money to each other without the need of third parties like banks etc bitcoin has not diverted from the purpose it was initially created for but the need of big firm like centrilized exchange and wallet providers came as trust became the major concern, they only serve as an escrow to prevent fraud and that's all. Bitcoin itself is still very decentrilzed that's why we have forks happening very often because on a centralised system forks don't occurs because the affair of the system is been runned by few individual but in bitcoin the community decide.

Decentralization means that it is not centrally managed by a particular country or a single central bank. But anyone can get it.

The distribution of Bitcoin is supposed to be decentralized and not controlled by certain parties/platforms/people, but if anything happens otherwise, the mistake is due to individuals, not BTC as currency.

Do not forget that many currencies are still unknown. "For example, about 1 million coins by Satoshi" if distributed better would be decentralized.

the crypto index that concerns YOU so much is only a concern to YOU because YOU are the only one obsessively observing it.

here is the cure.
if YOU stop visiting the site. it stops becoming a concern to YOU. because apart from YOU. i dont see the whole community even giving a crap about some dumb website no one even heard of unless you highlight it.

the crypto index is not a big community barometer measure. the community dont care about it.
so calm down

nope i am not going to start ignoring their corruption, as long as they are an issue to me.

the cryptoindex is the main issue that defines useability of cryptocurrencies.

and its a biased and corrupt cryptocurrency index.

regards

No I don't think OP is referring to a certain website. He/she mentioned coinmarketcap in the past when talking about the same topic:


and yea, I really don't 100% understand his/her problem. His/her grammar doesn't help either.

Thanks for clarifying what he was talking about cause I read that ten times and couldn't make heads or tails of it
And I'm not the only one, lols at @HeRetiK 
But since you guys seem to somehow through some miracle understand what he is talking about, can somebody translate this as well?


Just to make sure, this is another useless crusade against coinmarketcap?
Why do people care or even give a damn about it is beyond my understanding!!!

we dont have to discuss this trash in the high details, we all know the unpleasant truth

my problem with you is why are you still lying and deluding about the term "decentralisation"

thats my question.

just be at least honest one time and admit, that you run a centralised authority of your bitcoincenctristic cryptoindex that is looking for billionaires, to list their billionaire token.

like it was the case for ripple.

stop this uncorrect usage of that term, and play with open cards.

maybe you will have luck this way and billionaires will come and list their token for million usd fees, or try to fund cheering crowds, with their wealth substance, or hiere technicians to run bots. "to convince you"

stop lying and deluding.

at least honest you i am with (you will not escape reality, no matter how hard you try to delude)

regards

You are absolutely right. I am myself in the crypto community for so many years and I have never visited any crypto index.
Although I have heard of the crypto index I have never bothered to care about it. Bitcoin serving it's purpose of decentralization is intact and will remain the same.
We should not even care about the third party services when there is no need for it.

To the best of my knowledge the meaning of decentralization is far from what you are saying. Decentralization in this contest means bitcoin is  not control by any individual or Government of a particular country, the protocol is accessible by anyone in any part of the world.

To my mind in reality bitcoin was never meant to be used widely by a lot of people. Nothing can be fully decentralyzed, also bitcoin was better at first, when it had few user, there were no regulations, no KYC documents on btc exchange services and so on.
So to sum up, reason is increased amount of demand from people, there are a lot who wants to gain power, only few succeed.