Quote from: worle1bm on Today at 12:56:51 PM

Quote from: cryptozanga on June 21, 2021, 08:05:58 PM

Well, here is the big problem of Bitcoin from my view, 90% of all Bitcoins are owned by just 1% of the wallets created, this mean that if people buy today they are just doing the rich richer, i know that here we have some of the Bitcoin holders since 2013 but that doesn't change the real problem, Bitcoin is a millonaries game right now, retail investors can't do a shit about that.

https://bitinfocharts.com/top-100-richest-bitcoin-addresses.html

If you have invested in it 3-4 years back then you would also be on the list so it's just another excuse that Bitcoin is rich people's assest.They are utilising this as opportunity to convert their fiat holding to bitcoin and earn profits out of it.But still Bitcoin supply is not centralized as retail investments are also there and if you look at charts exchanges holding will be on top and that's accumulated for different individuals not single person.Even after billion dollars investment you will hold a tiny part of btc supply.So just be part of that population and contribute the market to rise.After some years you will not have the same feelings.

It is a rich peoples' asset and the reason is that rich people have another endurance when it comes to holding because they can afford to hold.

If you have $100 million in the bank and you buy Bitcoin for $10 million in 2013, you don't have to care whether it goes up or down while someone with a couple of thousand in a bank is going nuts with every downswing. That is why I believe that mostly rich people are the ones who really held onto it and are now filthy rich on top of having been rich before already.