RE: What is cryptocurrency Centralised to?
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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