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Topic: Open your eyes! - page 3. (Read 30403 times)

member
Activity: 378
Merit: 10
December 24, 2018, 05:03:42 PM
Perhaps they will be able to have some impact on the cryptocurrency. But it will not be total control over bitcoin, as a huge amount of it belongs to a variety of people, not just whales.


member
Activity: 406
Merit: 10
December 24, 2018, 04:46:58 PM
Of course, theoretically it is possible. But I think it will just kill bitcoin, it will lose all sense of decentralized currency. Therefore, I hope that the developers have provided this point.
member
Activity: 434
Merit: 10
December 24, 2018, 04:43:18 PM
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
to this short list, I would add more miners, since there are many of them now, but the question arises - what do we ordinary traders and investors care about this? Nothing lasts forever and freebies in cryptocurrency will end sooner or later.
full member
Activity: 588
Merit: 101
December 24, 2018, 04:39:27 PM
It's normal for me to hold and wait until the price of bitcoin will go up. Even it will goes to 1cent remember that investing in crypto is the risky way.

Gosh! Do not say anything about one cent, OK? LOL. If seriously, it is really better to hold the cryptocurrencies now. The bulls  are ready to come to us, but we need to wait for them.
member
Activity: 616
Merit: 10
December 24, 2018, 03:53:04 PM
I guess in every society, those with power have the biggest say and they determine what happens to the rest of the population. Likewise in the world of cryptocurrencies, people with the majority shares would always determine how the market goes and this is how I see issues.
Yes, but smart holder understands this and will hold it until the moment he needs. We need just to wait our time like 2017 was.
full member
Activity: 490
Merit: 101
December 23, 2018, 08:11:57 AM
A cue ball is more a means of preserving value than money. And while it is convenient for calculations. And at the current stage, the racing course is simply because of the small capitalization and the highly uneven distribution of the cues among the owners. It will even out with time.

In an economy with an inflationary model of money, on the one hand, there is a stimulation of economic activity, and on the other, money starts to go to all sorts of garbage, starting from small things with aliexpress and ending with cars that require capital repairs in three years. An inflationary economy is a junk economy. I'd rather live in an unencrypted world than to have the opportunity every year to contemplate a new range of smartphones. The most important thing is that people didn’t have much choice in economics before a crypt appeared. And now there is a cue ball that can balance an inflationary economy. If you want to buy a new smartphone simply because it is new, it is better to spend money on the cue ball.
jr. member
Activity: 392
Merit: 1
December 23, 2018, 07:41:45 AM
I guess in every society, those with power have the biggest say and they determine what happens to the rest of the population. Likewise in the world of cryptocurrencies, people with the majority shares would always determine how the market goes and this is how I see issues.
member
Activity: 490
Merit: 10
December 22, 2018, 05:05:11 PM
In fact,this is a serious topic for reflection. Of course, such a concentration of bitcoins among large investors makes us worry. But on the other hand, it allows bitcoin to develop.
member
Activity: 322
Merit: 10
December 22, 2018, 04:53:18 PM
But even this will not allow them to fully control bitcoin, because its bulk is distributed among a variety of investors from different countries. So I see no cause for concern.
newbie
Activity: 28
Merit: 0
December 22, 2018, 04:17:37 PM
the price goes to moon next month
full member
Activity: 339
Merit: 102
The Exchange for EOS Community
December 22, 2018, 01:41:39 PM
Do not be afraid that the big players like financial institutions and major organizations will take over, it is better to have them because their possession of btc ensures the price does not crash too much, because if it does even they would lose

I agree with this, of ever Bitcoin is being acquired in any entities which is reaching every people in a communitu it is mainly impossible for the price to depreciateoin just a blink for a long period of time since the entities like banks will not be able to gain the trust of the people if they cant provide an outstanding service.
member
Activity: 554
Merit: 10
December 22, 2018, 01:30:13 PM
The middle class investors actually worries at times due to sudden raise and fall but all should believe it is a temporary trend only and there was more chance for it to raise the price again. If bankers and financial institutions are making their transactions with bitcoin then that is a good sign for crypto currency.
sr. member
Activity: 504
Merit: 250
December 22, 2018, 01:18:21 PM
Don't see any problems if banks and financial institutions would become holders of bitcoin. Perhaps it will somehow influence the price of bitcoin and there won't be dramatic drops in it.
member
Activity: 462
Merit: 14
December 22, 2018, 12:31:59 PM
The holders will be the whales. They let you pulled out your investment and for them to be able to determine the baseline of the crypto market price and then invest. In this way their investment will be at the bottom so that when it will going to rise they can have a huge profit and this is why we have observe the BTC market price from 19K USD down to 10K , 8K, 6K and now 3.2K USD and in just one day it rise up to 3.8K USD. Where we could expect that this is being done by a whale.
full member
Activity: 490
Merit: 101
December 22, 2018, 12:28:32 PM
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

It all depends on the business sense/intention of the Hodlers. You never can tell that some would just love to sell off by the time the price starts going up. So, on the long run, half of the major hodlers would have sold off and become an average hodler. This means the major hodlers now will definitely be about halved when the bull run fully happens.
full member
Activity: 728
Merit: 100
https://i.imgur.com/hgxNNiA.png
December 22, 2018, 12:24:02 PM
don't know for sure, but it maybe true. because those who can have large capital to buy bitcoin are only large banks or financial institutions. but maybe there are also people or investors who can hold that much bitcoin, like the sultan of dubai for example.
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
December 22, 2018, 11:19:46 AM
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
This indicates that banks and large financial institutions attract little attention to the existence of bitcoins which are gaining popularity in the world economy to take advantage of holding bitcoin. There is nothing to worry about in my opinion.
Yes I do not feel it is a serious problem that must be repaired or anything, after all this is still including the world economy that there should be taxation there which is usually made by the state to receive some percent of the profits generated.
full member
Activity: 700
Merit: 117
December 22, 2018, 11:12:30 AM
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
This indicates that banks and large financial institutions attract little attention to the existence of bitcoins which are gaining popularity in the world economy to take advantage of holding bitcoin. There is nothing to worry about in my opinion.
If they keep on supporting crypto, definitely we can't experience such long dips. Yes, it is usual event but take also the chances for its possible early recovery if there is an increase in numbers of financial institutions who were current helping crypto to grow and fully develop.
sr. member
Activity: 1701
Merit: 308
December 22, 2018, 10:57:50 AM
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?
This indicates that banks and large financial institutions attract little attention to the existence of bitcoins which are gaining popularity in the world economy to take advantage of holding bitcoin. There is nothing to worry about in my opinion.
member
Activity: 378
Merit: 16
December 22, 2018, 10:45:53 AM
It's normal for me to hold and wait until the price of bitcoin will go up. Even it will goes to 1cent remember that investing in crypto is the risky way.
if you are timid don't invest in digital currency. digital currency values can change at any time so you have to understand the risks that will be faced, hard work and patience will get good results in investing in the digital world.
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