Post
Topic
Board Trading Discussion
Re: Loosing massive amount bitcoin on purpose...
by
BitZonk
on 09/06/2017, 14:56:46 UTC
Is there any way to know the amount of coin in the largest bitcoin wallet ?

If a big player manage to accumulate more than half of the coin supply, it would mean that he will have a lot of power to change the value of the coin. It would mean Bitcoin would still have a damocles sword above it.

Am I delusional or is it a valid concern (even if it's unlikely) ?
Looking at liquidity on crypto exchanges it wouldn't be hard to pump up the price, a lot easier and cheaper than on regular markets.