Post
Topic
Board Economics
Re: Milion of BTC lost and Milion BTC in hand of few people. A danger?
by
coinyard
on 10/02/2016, 14:13:53 UTC
I was wondering if this two factors:

- Milion of BTC lost by banks (like MT GOX) or by distracted people
- Milion of BTC in hand of few people (like Satoshi) than now have in their hand more than 200 milion of $

Can damage the BTC economy? Shouldn't this 2 factors increase the BTC value more and more?

off course yes, if some big fish decides to dump all his coin the price will go lower and lower

But some people have faith in Bitcoin, so the price is higher than certain level. The present bottom is $350.