Re: Bitcoin holding will be worth this year or in the long run?

Quote from: Experia on October 09, 2019, 12:36:09 PM

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

Is that surprising? I mean, of course exchanges held a big amount of bitcoins in their wallet but most of their bitcoins is also from the traders that trading on that exchange. In my opinion, they can't control the price of bitcoin but a big group of whale can. About the question, no way 10 billions worth of bitcoin move in the same time, so it will never happen.