With all the negativity around bitcoin (slow, high fees, not private) I think it wont be long before it is replaced by another coin. Bitcoin won't die, I think it'll slow down.
Being the first and and most widely acceptable doesn't make it the best.
Look into new low priced cryptos to invest in.
Do your research first. I recommend open-sourced coins that are private, anonymous and decentralized.
Topic: Most of Bitcoin Exchanges' Founders are COLLUDING - page 2. (Read 297 times)
It's safe to say that most of the Bitcoin Exchanges have been founded by original whales, those that fall under the 900 people category.
What is 900 people category? It's those 900 people that own about 70% of all bitcoin in circulation.
In the bitcoin dips, it is so coordinated, these guys definitely collude with each other on what they want the price to be. In bear seasons, Bitcoin drops over 95 at different times. And in bull runs, BTC increases by 20x....
The rich is getting richer. The market is totally manipulated. The general "bitcoin user", investors, adopters, etc has about 5% influence on the Bitcoin market. 95% influence comes from the original 50 whales of bitcoin that dictates exactly what the price and graph should look like.
These guys are the exchanges, they founded the exchanges, these guys can make BTC price go to whatever they please.... though risking some of their assets when it is too extreme.
What is 900 people category? It's those 900 people that own about 70% of all bitcoin in circulation.
In the bitcoin dips, it is so coordinated, these guys definitely collude with each other on what they want the price to be. In bear seasons, Bitcoin drops over 95 at different times. And in bull runs, BTC increases by 20x....
The rich is getting richer. The market is totally manipulated. The general "bitcoin user", investors, adopters, etc has about 5% influence on the Bitcoin market. 95% influence comes from the original 50 whales of bitcoin that dictates exactly what the price and graph should look like.
These guys are the exchanges, they founded the exchanges, these guys can make BTC price go to whatever they please.... though risking some of their assets when it is too extreme.
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