Post
Topic
Board Bitcoin Discussion
Re: Do not be too happy
by
bryant.coleman
on 25/01/2021, 07:10:32 UTC
Do not be too happy that big and giant companies are entering the field…
Because they set the price up and down whenever they want…
You should be happy when ordinary people invest more than big companies.
In simpler terms, it is much better if bitcoin or anything else that exists is distributed all over the world and reaches individuals and companies equally, or, as the saying goes, does not accumulate together.
Wherever governments or large corporations stand, they are sure to determine everything.
Successful and healthy  Wink

Can't agree with this claim. The price of a decentralized asset can't be controlled by a handful of players. There are more than 18 million coins floating around and in order to manipulate the price, these guys need to accumulate at least 30%-40% of the circulating supply. And if they try anything like that, then the prices will end up at six digits (or much beyond that).