Quote from: GirlBitcoin on October 11, 2018, 03:12:34 AM

Quote from: paramind22 on October 10, 2018, 03:53:59 PM

"The bottom line? The role of whales in the Bitcoin market may be overstated. The top 32 whales control around 6% of the supply, but that figure drops to 4.6% when lost Bitcoins are taken into account."

http://fortune.com/2018/10/10/can-the-whales-of-bitcoin-tank-the-market/

Well, it turns out that bitcoin diggers and traders are the most bitcoin holders. That made me quite surprised. I thought criminal whales were the most likely.
But anyway, that made me happy. Because criminals often get very bad results if they hold a high percentage of Bitcoin.

Well, we were led into many hypes last year. In 2018, the word 'whale' in connection with cryptocurrency became so popular and whale was the easy scapegoat for anything happening in the market whether it was down or up. This year, we realized that all of those things are just overstated. And this is a good development as we should be shying away from any group or just a select few personalities controlling the whole market...the control should be spread or democratize with as many people as possible so there would be no unbalance of power. I am hoping that in 2019 we can see the many advantages of this fact.