Is Bitcoin's Decentralization Over?
It was probably the last year when most of the current crypto currency users came to know about Bitcoin. I'm also one of them. It was a great feeling to know about this new market and how it's going to impact the world's financial system in particular and our lives in general. Obviously, whenever there is some BIG change in the world, the status quo does not let it happen easily. Centralized banks are always after profits and it was not possible for them to skip this new opportunity. When Bitcoin market attracted the attention of lots of people from across the world in a short period of time after hitting $4000 mark, we did not see any manipulations from world's banking system until it hit $20,000 mark. People were making huge profits from BTC bull run and this was the point where banks started playing their manipulative dirty role.
It's been more than 8 months that BTC has not gone to that all time high again rather it has experienced some of its lowest marks. This prolonged dip phase has made several crypto users very disappointed and they have quit this market. Though the experts in this field keep sharing their valuable insight on market upcoming trends but mostly, people don't get these predictions and all they get is loss. There are users who did not touch their investments since December 2017 but not all the users have that much patience. So, what exactly is going to happen with BTC market? Is it going to remain the same in this last quarter of 2018 or we can expect the bull run?
Experts are hopeful about the bull anytime in this month but there is no surety at all. They follow the candle stick patterns to come up with a perspective that is exclusive of banks' manipulations. So, there are times when their perspectives/predictions fall flat on the ground. This make new users like me think whether BTC is decentralized or fully in control of banks? I don't know the answer. May be, anyone of you does.