Quote from: parepare on February 06, 2018, 02:04:32 AM

Quote from: bbc.reporter on February 06, 2018, 01:36:28 AM

I reckon no. But maybe in the future when the whole cryptocoin market has matured and has gained enough volume to make it hard for the whales to easily move the price wherever they want it to go.

But then there will come bigger whales from Wall Street who has control of the billions needed to manipulate the whole cryptocoin market.

We are looking at the transition of the game going from the present whales to the Wall Street super trader billionaires.

isnt that exactly what we need? Grin

not necessarily,

the crypto markets at the moment MAY be manipulated to a degree by various groups and whales
do we really need bigger whales with potentially more control ?

This is what happens when something becomes a speculatory tool rather than what it was initially designed as.

in the case of Bitcoin with its limited supply of 21,000,000 coins was there a vision that the value was going to be so high?
was it talked about that it would turn into a store of value or an investment commodity?