Post
Topic
Board Bitcoin Discussion
Re: Open your eyes!
by
JealousCup
on 30/11/2018, 00:17:09 UTC
Don't you feel like once the bitcoin price goes up, the main holders will be the banks and large financial institutions?

It is very likely that it is through banks, investment funds and other whales that the price is now falling so that they can buy coins at low prices. The problem is that nobody known what "low price" is ...  Roll Eyes
It is good, that now Bitcoin is more popular, so comes more whales. This will probably mean that the next bubble will be much larger than the previous one.

It's been low enough for everyone to take action. If we let the banks have full control of cryptos, then they'll be as good as fiduciary currency.