Do you have any evidence to support what you wrote above? As far as I can tell after studying movements on the block chain, the wealthiest investors are mainly net sellers. You can see my blogs with the evidence.
RE: World Financial Elites Stockpiling Bitcoin Secretly?
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World Financial Elites Stockpiling Bitcoin Secretly?
I have absolutely zero evidence. This is only speculation. But if you were for example a rothschild or some other such financial entity, and you are watching crypto currency accelerating towards replacing the fiat systems which you and your comrades control, what would you do to stay on top of it? Aside from attempting to create your own crypto which they are doing also, you would probably start using your infinite wealth to buy a controlling share of bitcoin. and you would need to do it stealthily.
I would bet that they are already doing it somehow, and that it isnt obvious exactly how they are doing but they are.
This kind of move is already in their playbook. They need to own all markets and they do one way or another.
I bet someone far smarter than me will be able to find some evidence of this already happening if they look.
Cheers
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I have published the evidence on Steemit. It does not support your theory.
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With respect, the evidence is not the evidence it is some evidence. And what youve published doesnt disprove my theory.
I don't think I would collect it all in large whale accounts. I would use a combination of large and small accounts to accumulate it slowly over time. Nothing you have published proves or disproves that really.
I hope you are correct though. But still, would you not feel better if we could be more sure they are not buying up large shares of the market ? Doesnt hurt to think about.
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Indeed, it is possible that the whales are splitting their holdings into dolphin accounts. That would make sense to spread the risk.
There is no doubt that all kinds of people, rich and poor are trying to lay their hands on some bitcoin. Clearly the rich must be buying more than the poor, but I doubt the would really plan to own all the bitcoins. It would become hard to sell them if they are not widely distributed.
By the way there is no such thing as a “controlling stake” in bitcoin. It does not matter how many you own, you don’t get a vote.
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you dont get a vote with dollars or gold either but owning more than half of all that exists gives power.
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