Isn't anyone worried about half the volume being on one exchange?
Arent you worried about BTC mining being centralised by 4 chinese people?
Yes, but seperate topic.
For me I remember the whole explosion of Bitcoin price at MtGox was driven by an internal exploit where they could buy bitcoin without spending any cash. For me I feel like half the volume is at poloniex, and a quarter is at Kraken. But other exchanges see like no volume. Just makes me leery thats all.
Poloniex is quite trustworthy. And why would they pump ETH why not another coin? There are many other coins on the market at poloniex, much higher profits to be made pumping those ones.
I believe you are just sour graping. You need to do some research on Ethereum instead of listening to the worthless opinions of bitcoinmaximalist trolls
The highest amount of Ethers or the top address is of Poloniex Cold-wallet*.I am not accusing anything here but it is something that shouldn't be ignored.IMO the recent pump might take a nap after hitting 1 billion market cap but is pretty unreasoned though.
So, $114 Million in one wallet.......Wow. That fu$king should make anyone nervous.
Yes, more than 13% of the supply in cold wallet belonging to Poloniex,but it is still unpredictable market and nobody other than people actually doing this shit can judge or even predict anything.It's speculation after all.
That would currently mean $13 per coin. That's quite possible. I personally think it wil reach $10 within a month or so.
good call, bro.
A very good call,Impressive.