Quote from: oblivi on July 23, 2015, 06:26:28 PM

Quote from: Patel on July 23, 2015, 05:33:31 PM

Do you think in the past year and a half (since ATH), has there been a quiet redistribution of bitcoins? Do you think major players are quietly accumulating right now?

One payment processor, Bitpay, has said they don't sell their coins on the open market. They have private buyers for them. Also, since the public market has been relatively stable since the beginning of the year, if any major players were accumulating, they wouldn't do it on the public markets.

If you have any data on Bitcoin distribution from late 2013 to now, it would be great to see if it's getting more or less concentrated.

As a general rule of thumb, when a promising asset (and BTC is the most promising thing of the past 100 years) stays really small, with a small marketcap, while you see tons of news about it and how much it will disrupt the world, but you still don't see any growth.. then yes, someone is staking up BTC daily in small amounts to not trigger a panic buy.
Since we are poor, the smart thing to do is follow and buy as much as possible during times like this, and hold on even if you see dips to scare people away.

Agreed 100% , I've mentioned this a few times already.