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RE: What is cryptocurrency Centralised to?

in #vyb2 years ago

MICRO STRATEGY now holding close to 1% of total btc in circulation and still buying.
am now afraid they don't buy up to 10% and btc being controlled by whales

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Dumping by 1% isn't a full even people want to notice that.

Yes 1% is not much but the rate at which they are moving I hope they don't hold up to 10%..

If 20 people hold 1%, it's not a good sign
It start little by little

If you combine all the way together they can all harm bitcoin market

Yes
This is what I also thought of.
Even 100 whale can affect market

Am not saying this for short-term but it's a hindrance for a very very long time of centuries

They can only affect the crypto market through they are influenced they have

Them holding that high number of Bitcoin will definitely give them influence that they need to manipulate

This will affect in more years to come when btc is reducing from circulations through lost btc

All of these has no effect on Bitcoin
It is something that can't be avoided.

It's a choice everyone have