Quote from: 112tigra112 on June 29, 2018, 04:57:36 PM

Quote from: whitefish on June 28, 2018, 03:36:52 AM

A staff member from a Chinese Bitcoin forum raised eyebrows upon the discovery of a wallet address that has received over 90,000 Bitcoin since the end of March

Read more: https://cryptovest.com/news/mysterious-chinese-bitcoin-whale-hoarded-94000-btc/

This is literally one of the disadvantages of the cryptocurrencies, that's some of mysterious Guy which would have a great amount of money can just shake all the market.

Mysterious Individual hoard 94k of Bitcoin? what's wrong with that? What ever he do to that amount of Bitcoin is none of our concerns, moving or dumping 8k affects the market? i see no relation to the price market on HOARDING or 8k Bitcoin movement in the trading market. If this individual dump the 94k of Bitcoin in one trading transaction yes, it will affect the market price value of Bitcoin.