Topic: 1,000 People Own 40 Percent of Bitcoin Market - page 2. (Read 619 times)
to crash any market, the "whale" would have to sell a large amount for low price, but the more they crash the market the more they lose bitcoins sold at low prices in the process. It can be done for only so long.
Not likely to collapse any time soon if they all sold at the very same time then it would cause a ripple in the market but some one else would become one of those 1000 people and the cycle would continue.
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
yes and even less people own even more larger persentage of ethereum market this is type of thing that happen in world , smartest people adopt first and people who are with mental challenge adopt last . in this world majority of people not so smart so ratio always will be like this with every coin
It is happen not because smart or not but have money to buy or not. Thats the most important thing.
so it is, this is the early followers, Winklevoss twins first bitcoin billionaires
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
The fact that 1000 people own 40 percent of Bitcoin Market is not good, but I do not think that these people will make a big sale in the near future.
It is possible since nowadays it gets harder to access bitcoins. This forum provides some decent income but abused by farm accounts especially the signature campaigns. It's proper that mods implemented rules associating this problem. Its hard avoiding another conflict to arise, accessibility becomes less that could lead to greater risks of manipulation.
I have read too
All manipulations with the market come from these guys
All manipulations with the market come from these guys
For sure that people are now very rich maybe they are now millionaire or billionaire person. For sure they also patient because they wait the price to increase more and that is the best thing they gonna do and their decision kf buying and holding bitcoin is good. We don't know what will happen in the bitcoim after 5 years maybe it will decreasw once these investor sell their bitcoin but I hope they hold their bitcoin for few years or decades so the price will become stable and continue to increase.
hahaha same as what I was thinking right now! what will be happen if the big investors who are first that adopts bitcoin and holding it from the start..a good thread considering how and amazing people who are playing a big role in Bitcoin economy which we are taking advantage right now hehe. the first one who has big coins are the one who are big and influences investors. imagine bill gates hahaha
connections and also the advancement of technology is their assets 
I think that is early adopters of bitcoin and who still hold and believe in bitcoin ....
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
yes and even less people own even more larger persentage of ethereum market this is type of thing that happen in world , smartest people adopt first and people who are with mental challenge adopt last . in this world majority of people not so smart so ratio always will be like this with every coin
I am still skeptical about the numbers that article is giving us but I have to say there is a huge difference between people holding bitcoin and people who own ethereum.
those who have any bitcoin have either bought it with their hard earned cash from the market or they have mined it in early years or are still mining it with ASICs and they are taking a big risk.
but those who are controlling ETH have gained their control through premining 70+ million of it! they are not risking anything, it is free money they got out of thin air.
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
I think in a row of biggest Bitcoin holders are the first fans of this cryptocurrency who took a risk and bought or mined huge amount of these coins. Years ago it was nothing, now it has the highest price than any bill.
On what is that claim based on? If its based on the BTC rich list, then I would argue that the author has failed to consider that many listed in the top of the rich list are cold storage wallets of exchanges. Those coins arent owned by one person lol.
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
This is the reality that is why the small investors are at a disadvantage at times when the whales move. What we, small investors can do about it is to at least have some clue of the whales activity because in this way, we can act upon their move and be able to move in sync with them. According to the article, it is not illegal for the whales to collude to manipulate the market because bitcoin is not a security that's why they can freely do what they want but then if ever they do discuss and work together like sell a bulk of coins then there are many willing buyers ready to grab some at the bottom that's why bitcoin may not collapse.
The whales can dump bitcoin for a moment, but the price will increase again like always did.
The whale's bitcoin can go to normal user hands, anyway im not sure about this numbers '1000 ppl own 40%'? Is there some proof?
The whale's bitcoin can go to normal user hands, anyway im not sure about this numbers '1000 ppl own 40%'? Is there some proof?
The more users who will buy bitcoins, the larger than market can get. This is happening right now, so expect that bitcoin will not collapse soon.
Exactly this
Agreed about what you said.
And even if those whales sell their bitcoins and price will go down expect for "new" whales that will buy more when that opportunity comes. Every people are different and have a different way of view and way of thinking if others easily get affected by FUD other people grab that opportunity to buy when the price is dropping. 
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
This is not too different from the real world, where around the top 1% own around 50% of the economy.
Also, these 40 people you are referring to probably got into bitcoins early and mined when the difficulty was very low. I remember at one point ASIC miners paid for themselves in 5 days.
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Yeap, if all these guys do moves in relation we may suffer huge swins in prices, in a fact they have control of the market.
1,000 People Own 40 Percent of Bitcoin Market
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
Easy to understand why the price is volatile. Could collapse soon or rise really really high in the next 5 years.
It is always like that, in our world always a minority of rich people control the majority of the wealth. You will find the same aspect everywhere, economy, education, politics... Why should Bitcoin be different?
Socialistcoin couldn't be possible and survive and even if you distribute fairly every coin to all people, after few months or years, you will find a minority controlling it
I think some time ago the was news that 1% of the world richest owns half the global wealth, that's why i keep on saying that its only the rich that are getting richer because they have the means to invest in anything that they find lucrative whiles we struggle for the scraps.
For sure that people are now very rich maybe they are now millionaire or billionaire person. For sure they also patient because they wait the price to increase more and that is the best thing they gonna do and their decision kf buying and holding bitcoin is good. We don't know what will happen in the bitcoim after 5 years maybe it will decreasw once these investor sell their bitcoin but I hope they hold their bitcoin for few years or decades so the price will become stable and continue to increase.
Jump to: