Quote from: Indamuck on January 12, 2019, 03:14:19 PM

Quote from: KingScorpio on January 12, 2019, 12:43:55 PM

Quote from: ThirdPrize2 on January 12, 2019, 12:39:55 PM

https://cointelegraph.com/news/long-dormant-bitcoin-whales-resuming-activity-could-rock-price-action-analysts-say

According to this, 1000 addresses own 85% of ALL the bitcoins out there. If that is true, then bitcoin is a scam.

centralised coins are quite common,

its same with ethereum (vitalik)

or ripple (garvin)

the true scam comes from the cryptocurrency index system that defines "shitcoins" and "nonshitcoins"

this distinguishinsation will weaken in time

You can say the same thing about every currency to have ever existed. Eight people own more than the entire bottom half of the population. Whether it is USD, Euro, gold, or crypto the majority of the supply will end up in the hands of the few that own capital that creates the actual wealth.

as soon as usd collapses these 8 people are poor as an average person