Bitcoin loses its decentralized character, Bitcoin halving is imminent and the price will see extremes

Abstract: The computing power is highly concentrated, and the core mechanism of POW has lost its direction. The decentralized color of Bitcoin has been lost. Bitcoin halving is imminent. Stimulated by this strong economic factor, the price of Bitcoin will see extreme market conditions.

Bitcoin halving is imminent, and under the stimulation of this strong economic factor, the price of Bitcoin will experience extreme trends.
1. After the halving, the old 400P mining machines will gradually shut down, and the 2000P 16nm mining machines will be online in 3-5 months. Since the miners who bought new mining machines in China since December last year suffered heavy losses, the computing power will be highly concentrated in the hands of a few large miners and mining machine manufacturers. The computing power supported by the core POW mechanism of Bitcoin will be highly concentrated. The decentralized characteristics of Bitcoin are fading.
2. At the same time, due to the expansion dispute, there has been a high degree of distrust and even division between developers and miners. They attack each other through social media and forums. The smooth evolution of the code is in doubt.
3. The Ethereum and DAO experiments had huge security loopholes. Thousands of dollars worth of Ethereum were lost. The community debated whether to fork or roll back. The fork caused great doubts about the blockchain industry.
In summary, external funds may hesitate or withdraw. There is a high probability that a unipolar market will occur. In the next three months, traders should pay attention to controlling risk exposure. Survival is the first step to success.