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Topic: 1,000 People Own 40 Percent of Bitcoin Market - page 3. (Read 619 times)

newbie
Activity: 64
Merit: 0
December 17, 2017, 06:30:39 PM
#7
The top 1000 owners are very smart people and they have bought Bitcoin as they have been able to see its potential and it is not in their interest to crash the market by selling many bitcoins as - there are now many buyers and also the bitcoin potential has not been reached, it is only at the begining and they would significantly reduce their wealth if they sell lot of coins now.
full member
Activity: 124
Merit: 100
December 17, 2017, 02:20:44 PM
#6
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.

We're not in the old low trade volume days, beware of this first, there are millions of market participants and they're greatly appreciated if they whales sell their bitcoins to the market buyers. The market is much more crowded now.
member
Activity: 229
Merit: 10
December 17, 2017, 02:15:16 PM
#5
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  Cheesy
full member
Activity: 211
Merit: 100
December 17, 2017, 02:14:28 PM
#4
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.

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
newbie
Activity: 10
Merit: 0
December 17, 2017, 02:12:21 PM
#3
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.
sr. member
Activity: 434
Merit: 255
December 08, 2017, 10:49:35 AM
#2
It is not so simple. In order to destabilize the market price, the whales are forced to sell a lot of coins. What if users will buy all these coins and to stabilize the price of bitcoin? All these 40% can easily go for a normal user. We are all guilty of giving the whales the opportunity to manipulate the price.
full member
Activity: 196
Merit: 109
December 08, 2017, 10:44:09 AM
#1
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.
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