Quote from: Mauser on Today at 09:57:25 PM

Quote from: davinchi on Today at 06:24:00 PM

We are moving from "whales" situation in crypto where we didn't know who exactly had too many bitcoins in tens of thousands, to more like a company owned huge chunks instead and I don't know which one is better.

We didn't know who owned bitcoin in those large numbers back in the day, we still don't know many of them and that was the bad part but the bad part about companies going in is even if we know how much they know, we also leave the price to a centralized situation, if grayscale decides to sell every single coin they have today, they could crash the price right away.

Back when it was just some whales, they usually never moved all at once, which means harder crashes by whales, but here we are giving that power to some companies and that's scary.

Yeah these massive transactions are definitely scary. These Companies are going to be a big player in the bitcoin market now. Do we know what the Whales are doing with there new fortunes? It could still be a good think for the crypto community if the whales would reinvest their money into alternative coins?

if there is a whale who wants to do that maybe it will only benefit him but not necessarily be able to give profit to others, so if a whale does that just leave it and wait for the price to go up because it will definitely give rise to bitcoin price.