Post
Topic
Board Bitcoin Discussion
Re: Do not be too happy
by
sapnu
on 25/01/2021, 16:54:36 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
It is agreeable that bitcoin and other crypto should stay way as it is right now because just like what you said, there's a possibility that big companies wouldn't be considerate or rational as they set new prices for the coins. It would still be best that the blockchain would work equally all over the world since we've seen detrimental effects of whales already. Even though these big companies might have a hard time controlling the price, it is still feasible as time passes by and as they hold much larger quantity of crypto in the making.