Quote from: pilosopotasyo on November 25, 2020, 01:03:36 PM

Quote from: dothebeats on November 25, 2020, 10:41:42 AM

but it's alarming that tens of millions are being controlled by a few entities.

That's likely to happen they have the means they can control the price the volume it has become the battle of the whales and we small investors are now a pawn on this kind of battle, we'll see more companies as big as PayPal to buy Cryptocurrency and integrate Cryptocurrency, we have read that some billionaires are already allocating their portfolio to Cryptocurrency.

With investment always comes the dilemma of whales controlling the market but I honestly do not think they will be able to manipulate the market because there are enough small whales and mixed investors who can carry the market in case one whale dumps and tries to bring the price down. The demand is going to become more and more as Bitcoins are in limited amount and daily some coins are lost in multiple ways.

Quote from: chretienm on November 25, 2020, 02:08:54 PM

Bitcoin will become is a very expensive asset in the hands of the few, no mass adoption will ever happen. Maybe that's their plan who knows. There are many very rare earth elements which are much more expensive that gold or platinum so what? Not many know and use them.

Haha that would be funny but I can assure you that there are enough whales in the market to keep the price solid and the recent bull run was always expected as it happens in late every year so this bull run is not the result of a particular whale going big.