UH ho... Houston we have a serious problem. Questioning a very logical question, make me a "must be a troll".... very serious (and common) problem.
No "sir" I am just looking for clear answers, that cannot come from fan boys or scammers -one of which you surely are-. I AM aware of the holdings of those 100 wallets. Top 10 wallets still own almost 1/3 of the coins. It IS a HUGE problem by which future investors, like me, should run for the exits.
I wanted some common sensical explanations, obviously there's nothing but blind greed.
Show me 10 stocks that don't have the top 10 investors hold >1/3
I could show you many. Just for your reference, since you profess total ignorance on the matter- I will remind you that Steve Jobs himself was ousted from Apple. And that wasn't an exceptional occurrence either.
But any similitude with stocks in a cryptocurrency, is pure coincidence and the poorest of excuses for stocks are
HEAVILY REGULATED and cryptos are not at all, therefore anyone can perpetrate any kind of fraud here without any consequences, while in stocks, in the real world, he (they) will be taken to jail.
It is
preposterous that the top 20 -or 50- wallets control 80-90% of the coins. Not just preposterous but both a distribution problem and a recipe for disaster.
But you really don't care about that, really, do you? You don't care about the future at all, you just want your holdings, whatever they are, to be worth more than you paid for and, when spiking, getting out, right? That's called daytrading or swing-trading. And it's quite ligitimate, so no problem at all with that.
There's a big problem though when you pretend to serve that stance with FUD or inventing similarities that don't exist
