Post
Topic
Board Altcoin Discussion
Re: Do we have an impact?
by
wxa7115
on 22/02/2018, 21:02:56 UTC
I wonder.  Smiley  It looks like the people posting here don't have that much btc/cash/funds and are almost all small fish.  One of the reasons is of course the bounty hunters.  People with >100btc don't need bounties.  People with >1000btc don't need this forum lol...  So I wonder, all the fud, shilling etc here.  Does it really have an impact on prices?  I tend to believe we are all manipulated big time by real whales with 100's and 1000's of btc.  If a group of eth hodlers of several 100k eth decide together: let's go down today, then we will go down. When prices are down enough they decide to go up.  Thoughts? This pattern is the most obvious on reall small exchanges with bullshit coins.  Look at some of them!  You KNOW they are worth nothing and all of a sudden they moon and drop. 
Hi, i think the situation is next:
30% sharks
70% small fish  Cheesy
Sharks have a big influence in dumps or pumps in one or two days !  Smiley
You are being too optimistic, I think is more like.

80% whales
20% the rest

Those which are whales have been around probably since the beginning of bitcoin and they were able to accumulate a lot of coins very easily since bitcoin had almost no value, also most of the coins were mined at the beginning of the life of bitcoin so it is safe to assume most bitcoin in concentrated in a few hands similar to what happens to fiat.