"The final results are very alarming as GINI has increased to 0.997 by the end of 2013 and the market share of top 10 holders alone has reached 6.6% of the entire market. Therefore, the rich have actually got richer and steps should be taken to curb such a wealth accumulation model in the network."
It seems bad news for bitcoin price.https://link.springer.com/chapter/10.1007/978-981-13-0755-3_15You sure about that? I think it might be the opposite.
Large holders are accumulating. They have an interest in withholding supply from the market, not selling for small time gains. That means would-be investors fighting for a smaller and smaller pool of coins. That means higher prices
In fact, it means something different
And more dangerous than the higher prices. Withholding supply from the market means there is less liquidity in the market (that goes without proving), and while it does push the prices up somewhat, it also pushes up volatility. But the surge in volatility (percentage-wise) will definitely exceed the rise in price, up to a point where all trading becomes meaningless as orderbooks stop providing any reliable information as to where the price currently is. The market disintegrates and ultimately dies. That's the reason why accumulating beyond a certain percentage of the market supply does more harm than good to the market in question